Glossary Changes and Meanings
Written By Ehsaan XP
Last updated 4 months ago
Old Name | New Name | Meaning |
Position Type | Direction | Long/Short - The Long position type means that the Al Assist will buy coins at a lower price and then sell them at a higher price. The Short position type means that the Al Assist will try to sell coins at a higher price and then buy them at a lower price. The Both position type means that Al Assist can open deals with long and short type. |
Close deals from TI signal | Close deals from indicator setup | Will close the trade if provider close it manually. |
Take Profit Type | ||
Simple Take Profit | Fixed Take Profit | |
Smart Take Profit | Fixed Take Profit | |
Follow Trade Idea Provider configuration | Set All TP Ladder | Your strategy will establish partial close levels matching those in the indicator, set the last TP as the final order TP, and distribute the position size equally among all levels. |
Add Time-Based Level | Minimum PnL | Set your desired Take Profit percentage for time threshold. The trade will close if after this period of time the trade reaches this PNL. |
Stop Loss | ||
Follow provider's SL configuration | From indicator setups | |
Deal Provider | Indicator provider | |
Extra Orders | ||
Extra Order Size | Extra Order Amount | |
Price Deviation Compound Step | Deviation Step | Price Deviation Compound Step controls spacing between orders. |
Max Active Extra Order Count | Active Orders | Max possible open extra orders |
Max Extra Orders | Max Orders | Max possible extra orders |
Extra Order Volume Compound Step | Volume Step | Extra Order Volume Compound Step controls the size of each order. |
Alerts | TradingView Alerts |