Deals

Trades on CryptoHero bots are consolidated as Deals. Each Deal contain orders based on the trade signals generated by Entry Conditions, Stoploss, Take Profit, Exit Condition and Extra Orders. Deals will also execute orders in that same order of priority, whichever comes first.

Waiting For Entry

Deals that are waiting for entry have not received a signal for Entry yet. There is nothing to be done at this stage, users may delete or pause the bot without any issues as orders has not made it to the exchange at this point of time.

In Progress

When Entry Conditions are met, the first order and any subsequent orders, if applicable, is placed and a Deal is considered to be in progress at this point of time. Orders sent to the exchanges will be limit orders, prices are determined by the Entry Conditions. Users can see the equity positions based on live data once a Deal is running.

Liquidate

If a user liquidates a Deal, all positions taken in the particular Deal are exited through a market order on the exchange immediately. This is to ensure orders go through as quickly as possible. Once a User cancels a Deal, the bot will still continuing running, waiting for the next Entry Condition. To stop a bot from running, the User must turn off the bot.

Turning off a Bot

Deals will be set to paused when a Bot is set to inactive. In pause, a bot will not act on any trade signals generated. All trade signals will resume once a Bot is set to active again. Any signals that were generated when the bot was inactive will not be retroactively be acted on, Bots will start a new order based on the next trade signal.