Configuration > Binance:
Current Configuration:
Trailing > Entry > Without (Override: Yes)
Trailing > Take-Profit > Percentage (1.0%) (Override: Yes)
Trailing > Stop > Percentage (6.0%) (Override: Yes)
Stop Limit Price Reduction > 2.0%
Default Stop > 6.0% (Override: Yes)
Number of Entry Targets: 3
Entry Strategy > Decreasing Exponential (Override: Yes)
Take-Profit Strategy > Decreasing Exponential (Override: Yes)
Amount per Trade > Percentage (10%) (Override: Yes)
Override All Signal Configurations > Yes
* Override means that it will use personal configuration instead the one is defined under the signal.
Current Configuration:
Trailing > Entry > Without (Override: Yes)
Trailing > Take-Profit > Percentage (1.0%) (Override: Yes)
Trailing > Stop > Percentage (6.0%) (Override: Yes)
Stop Limit Price Reduction > 2.0%
Default Stop > 6.0% (Override: Yes)
Number of Entry Targets: 3
Entry Strategy > Decreasing Exponential (Override: Yes)
Take-Profit Strategy > Decreasing Exponential (Override: Yes)
Amount per Trade > Percentage (10%) (Override: Yes)
Override All Signal Configurations > Yes
* Override means that it will use personal configuration instead the one is defined under the signal.
So what does all this mean:
Trailing Entry- Set to without (we will get in on the entry price)
Trailing Take Profit- We use 1% trailing, which means instead of selling at the price mentioned in the signal we are willing to risk 1% in order to sell at higher price.
Trailing Stop (percentage) 6% - In order to make sure we lock in profits or don’t wait to get a higher loss on the stop loss after reaching targets the stop will now active to a trailing stop or 6% so you will get stopped out 6% below the target. This helps when we hit a target then the price falls a little then goes back up as long as it doesn’t dip below 6% the trade will still be open.
Stop Limit Price Reduction- Our distance between the trigger price and limit price is 2%.
Default Stop- If the signal is without a stop (please note all our signals will always have a stop), we have a default stop of 6% below the weighted average entry price. (This option really doesn’t matter for our group) so set it to 6% and override enabled and your fine.
Number of entry targets: In case there is an entry zone (buy zone) is splitted into 3 entry targets with equal distance between them. (This option doesn’t apply to us as we have entry targets not an entry zone) but you can set it to 3 just Incase.
Entry strategy- Decreasing exponential. Which means each target is twice the amount of the next one. Starting from the biggest in the first entry.
Take-profit strategy- Decreasing exponential which means the the first take profit will have more weight (take out a bigger percentage of the trade then the other targets)
Amount per trade is 10% (this is subject to your comfort, you can always change this to whatever you want).
Override All Signal Confirmations- Is you enable this option you are using the configurations that you set for all the signals calls your taking.
Trailing Entry- Set to without (we will get in on the entry price)
Trailing Take Profit- We use 1% trailing, which means instead of selling at the price mentioned in the signal we are willing to risk 1% in order to sell at higher price.
Trailing Stop (percentage) 6% - In order to make sure we lock in profits or don’t wait to get a higher loss on the stop loss after reaching targets the stop will now active to a trailing stop or 6% so you will get stopped out 6% below the target. This helps when we hit a target then the price falls a little then goes back up as long as it doesn’t dip below 6% the trade will still be open.
Stop Limit Price Reduction- Our distance between the trigger price and limit price is 2%.
Default Stop- If the signal is without a stop (please note all our signals will always have a stop), we have a default stop of 6% below the weighted average entry price. (This option really doesn’t matter for our group) so set it to 6% and override enabled and your fine.
Number of entry targets: In case there is an entry zone (buy zone) is splitted into 3 entry targets with equal distance between them. (This option doesn’t apply to us as we have entry targets not an entry zone) but you can set it to 3 just Incase.
Entry strategy- Decreasing exponential. Which means each target is twice the amount of the next one. Starting from the biggest in the first entry.
Take-profit strategy- Decreasing exponential which means the the first take profit will have more weight (take out a bigger percentage of the trade then the other targets)
Amount per trade is 10% (this is subject to your comfort, you can always change this to whatever you want).
Override All Signal Confirmations- Is you enable this option you are using the configurations that you set for all the signals calls your taking.
For your convenience we have made this easy for everyone to copy all our strategies
***(please note even if you copy all our strategies and want to change anything you can go in and manually change it to whatever you want)
On the main menu of the bot:
1. Click configurations
2. Click Binance
3. Now on that page you can see all your configurations that is currently set.
4. Two options you can do here. If you want to use our configuration go to step 5. If you want to manually change everything to your desired preferences go to step 6.
5. Select import configuration then select all things ta then select all things ta 3/1/19. And your all set you have our settings if you want to change anything go to set 6 and follow directions.
6. You can manually go through each one start it with trailing and change it to whatever you desire (you can also read up on what they all mean in great detail by selecting anything (let’s say trailing) and select “how it works” which each option has.
After your done you can always check your configuration by going to the main menu and selecting - configuration - Binance - then on the top you can see all your own configurations.
Any questions please feel free to reach out to us at @Allthingstaadmin
***(please note even if you copy all our strategies and want to change anything you can go in and manually change it to whatever you want)
On the main menu of the bot:
1. Click configurations
2. Click Binance
3. Now on that page you can see all your configurations that is currently set.
4. Two options you can do here. If you want to use our configuration go to step 5. If you want to manually change everything to your desired preferences go to step 6.
5. Select import configuration then select all things ta then select all things ta 3/1/19. And your all set you have our settings if you want to change anything go to set 6 and follow directions.
6. You can manually go through each one start it with trailing and change it to whatever you desire (you can also read up on what they all mean in great detail by selecting anything (let’s say trailing) and select “how it works” which each option has.
After your done you can always check your configuration by going to the main menu and selecting - configuration - Binance - then on the top you can see all your own configurations.
Any questions please feel free to reach out to us at @Allthingstaadmin
We have just added a new configuration (the first one still remains as well) with more risk but higher reward. This configuration is optional and again you can always change anything else you want in the configuration.
For this new configuration (NAMED without trailing stop) We have removed the trailing stop option on our new configuration which means the only way you get stopped out is if it hits the stop in our signal.
Again this strategy and configuration is optional for people who are willing to take a higher risk but greater reward.
To import this signal please click on configuration - Binance - import configuration- All Things TA - Without trailing stop
For this new configuration (NAMED without trailing stop) We have removed the trailing stop option on our new configuration which means the only way you get stopped out is if it hits the stop in our signal.
Again this strategy and configuration is optional for people who are willing to take a higher risk but greater reward.
To import this signal please click on configuration - Binance - import configuration- All Things TA - Without trailing stop
💥IMPORTANT
We have created a free private chat for all things related to the cornix bot with the dev team in the room ready to help and answer questions. Also strategy talk.
THIS ROOM IS ONLY FOR SERIOUS QUESTIONS/CONCERNS/FEEDBACK ABOUT THE BOT.
If you feel like you want to be part of this private chat and you will need to DM us @Allthingstaadmin once we approve you then you will receive a link to the private chat. Please be patient.
Again this chat is only for people in this broadcast room as you have shown deep interest in the bot and the configuration so we want to help anyone who needs more guidance or assistance.
We have created a free private chat for all things related to the cornix bot with the dev team in the room ready to help and answer questions. Also strategy talk.
THIS ROOM IS ONLY FOR SERIOUS QUESTIONS/CONCERNS/FEEDBACK ABOUT THE BOT.
If you feel like you want to be part of this private chat and you will need to DM us @Allthingstaadmin once we approve you then you will receive a link to the private chat. Please be patient.
Again this chat is only for people in this broadcast room as you have shown deep interest in the bot and the configuration so we want to help anyone who needs more guidance or assistance.
We recommend everyone click the pinned message and start reading from the top to set up and understand the bot. After doing so if anyone has any questions/concern/feedback please DM is at @Allthingstaadmin
If you want 100% entry on current price as opposed to two different entry prices, go to the cornix trading bot. Configuation - Binance - Stratagies - Entry stratagy - One target
Release Notes from Cornix:
Added an option to configure your own custom strategy
Added the option to add any strategy you would like, both for entry and take profit
You can now go to Configuration > Client > Strategy > Entry/Take-Profit and then choose the Add Custom.
After saving the custom strategy, you'll be able to see that next to the other strategy options. click the strategy if you want to activate after creation.
New trailing stop added (Moving 2-Targets)
Added a new trailing stop type, which allows you similar to Moving Target to move automatically the stop once targets are reached.
In this one, when reaching the first take profit the stop stays in the original stoploss,
When reaching the second take profit the stop moves to breakeven
when reaching the third take profit the stop moves to the first take profit and so on
This trailing stop type is for those who wants to risk more in order to gain more targets
Added a new button to cancel all trades at once
Added a new option under Trades > Open Trades to cancel all trades from specific client or from all clients all together.
This option is there in order to immediately cancel all trades in case of a sharp movement in the market instead of cancelling one by one.
Note, if the exchange is busy. then might not all your trades will be closed, and the bot will write you that only part of the trades were cancelled successfully
Added the option to convert all your BTC into another any USD pair
Added a new utility section in the bot which currently this is the only feature in it, but more features will be added there in the future
Adding the option for admins to share their Configuration directly in the channel/chat
Added the option for admin to share their configuration in the chat/channel directly.
In this case people would be able to click on the button published and import their configuration
Added an option to configure your own custom strategy
Added the option to add any strategy you would like, both for entry and take profit
You can now go to Configuration > Client > Strategy > Entry/Take-Profit and then choose the Add Custom.
After saving the custom strategy, you'll be able to see that next to the other strategy options. click the strategy if you want to activate after creation.
New trailing stop added (Moving 2-Targets)
Added a new trailing stop type, which allows you similar to Moving Target to move automatically the stop once targets are reached.
In this one, when reaching the first take profit the stop stays in the original stoploss,
When reaching the second take profit the stop moves to breakeven
when reaching the third take profit the stop moves to the first take profit and so on
This trailing stop type is for those who wants to risk more in order to gain more targets
Added a new button to cancel all trades at once
Added a new option under Trades > Open Trades to cancel all trades from specific client or from all clients all together.
This option is there in order to immediately cancel all trades in case of a sharp movement in the market instead of cancelling one by one.
Note, if the exchange is busy. then might not all your trades will be closed, and the bot will write you that only part of the trades were cancelled successfully
Added the option to convert all your BTC into another any USD pair
Added a new utility section in the bot which currently this is the only feature in it, but more features will be added there in the future
Adding the option for admins to share their Configuration directly in the channel/chat
Added the option for admin to share their configuration in the chat/channel directly.
In this case people would be able to click on the button published and import their configuration
All Things TA! Cornix
Release Notes from Cornix: Added an option to configure your own custom strategy Added the option to add any strategy you would like, both for entry and take profit You can now go to Configuration > Client > Strategy > Entry/Take-Profit and then choose the…
This is why we respect and use the bot. The Dev team is constantly making updates and adding in more configurations and strategies.
We asked the Dev team two weeks ago to add the trailing stop (moving two targets) and boom they delivered.
We will be playing with these new options and elaborating more for everyone to understand better and also create a new configuration based off this Incase anyone wants to use that to import.
We asked the Dev team two weeks ago to add the trailing stop (moving two targets) and boom they delivered.
We will be playing with these new options and elaborating more for everyone to understand better and also create a new configuration based off this Incase anyone wants to use that to import.
New trailing stop added
(Moving 2-Targets)
Added a new trailing stop type, which allows you similar to Moving Target to move automatically the stop once targets are reached.
In this one, when reaching the first take profit the stop stays in the original stoploss,
When reaching the second take profit the stop moves to breakeven
when reaching the third take profit the stop moves to the first take profit and so on.
This trailing stop type is for those who wants to risk more in order to gain more targets.
To add this option simply:
On the bot click configuration - binance - trailing- stop - moving 2 targets.
We have asked cornix to set this up as now we have a more conservative higher risk option to choose from. We can set up another strategy that you may import and will do so soon but in the meantime if you pick any of our configuration to import that you like you can always change the trailing stop to moving 2 targets.
(Moving 2-Targets)
Added a new trailing stop type, which allows you similar to Moving Target to move automatically the stop once targets are reached.
In this one, when reaching the first take profit the stop stays in the original stoploss,
When reaching the second take profit the stop moves to breakeven
when reaching the third take profit the stop moves to the first take profit and so on.
This trailing stop type is for those who wants to risk more in order to gain more targets.
To add this option simply:
On the bot click configuration - binance - trailing- stop - moving 2 targets.
We have asked cornix to set this up as now we have a more conservative higher risk option to choose from. We can set up another strategy that you may import and will do so soon but in the meantime if you pick any of our configuration to import that you like you can always change the trailing stop to moving 2 targets.
All Things TA! Cornix
New trailing stop added (Moving 2-Targets) Added a new trailing stop type, which allows you similar to Moving Target to move automatically the stop once targets are reached. In this one, when reaching the first take profit the stop stays in the original stoploss…
Staying on this topic let’s discuss the TRAILING ENTRY, TRAILING TAKE PROFIT and TRAILING STOP.
We will share how to get to this to set it up and also what we personally prefer as well as detailed information.
We will share how to get to this to set it up and also what we personally prefer as well as detailed information.
All Things TA! Cornix
Staying on this topic let’s discuss the TRAILING ENTRY, TRAILING TAKE PROFIT and TRAILING STOP. We will share how to get to this to set it up and also what we personally prefer as well as detailed information.
🎯TRAILING ENTRY:
❗️How do I set this up-
Configuration - binance - trialing - entry
❗️What does ALL THINGS TA prefer-
Our preference is choosing without.
❗️How does it work-
Trailing Entry:
The trailing Entry is very similar to the trailing take-profit.
This type of trailing will be activated once a entry order reaches the order price.
When that happens, instead of executing the entry order as a regular limit order, the bot will create a trailing order that will trail above the minimum price that is reached by the specified percentage.
Let’s take for example the following trade:
⚡ ⚡ #EOS/BTC ⚡ ⚡
Exchanges: Binance
Signal Type: Regular
Entry Targets:
1) 0.003 (50%)
2) 0.002 (25%)
3) 0.001 (25%)
Trailing Configuration:
Entry: Percentage (1%)When the first entry target is reached, instead of buying 50 percent of the coins in the specified price, the bot will create a trailing order on 50% of the coins 1% above the entry target, so in this case the initial trailing price will be 0.00303. As the price decreases, the trailing entry order will keep trailing 1% above the minimum price that is reached. Just like in the case of a regular stop order, once the price of the coin increases to the
trailing price, then the coins will be purchased.
Please note that in some cases the next entry target can be reached reached while a trailing entry order is already active.
When this happens, instead of creating a new trailing entry order the bot will merge the amount that should have been purchased in the new target with the existing trailing entry order that is already active.
In that case, the bot will show the new target that is reached as merged in the trade status.
Trailing entry can be very beneficial and help you decrease your buy prices, and is especially valuable in the case of coin dumps, when the price dramatically reduces very quickly.
In that case as the price decreases the trailing price will keep decreasing as well, until the price finally increases to the trailing price and the coins are purchased.
However, please keep in mind that trailing entry will not always result in purchasing the coins in a price that is lower than the target price.
For example, if the price reaches the entry price and then immediately increases, the final buy price can be higher than the original entry price.
Trailing entry configuration:
To configure your trailing take-profit configuration, click on the configuration button in the main menu.
Then proceed to click on the Trailing button.
In the next screen, select the Entry option.
You can now select to disable the trailing entry by clicking the Without option, or selecting a percentage for the trailing entry by clicking the Percent button, and then selecting your desired percentage.
❗️How do I set this up-
Configuration - binance - trialing - entry
❗️What does ALL THINGS TA prefer-
Our preference is choosing without.
❗️How does it work-
Trailing Entry:
The trailing Entry is very similar to the trailing take-profit.
This type of trailing will be activated once a entry order reaches the order price.
When that happens, instead of executing the entry order as a regular limit order, the bot will create a trailing order that will trail above the minimum price that is reached by the specified percentage.
Let’s take for example the following trade:
⚡ ⚡ #EOS/BTC ⚡ ⚡
Exchanges: Binance
Signal Type: Regular
Entry Targets:
1) 0.003 (50%)
2) 0.002 (25%)
3) 0.001 (25%)
Trailing Configuration:
Entry: Percentage (1%)When the first entry target is reached, instead of buying 50 percent of the coins in the specified price, the bot will create a trailing order on 50% of the coins 1% above the entry target, so in this case the initial trailing price will be 0.00303. As the price decreases, the trailing entry order will keep trailing 1% above the minimum price that is reached. Just like in the case of a regular stop order, once the price of the coin increases to the
trailing price, then the coins will be purchased.
Please note that in some cases the next entry target can be reached reached while a trailing entry order is already active.
When this happens, instead of creating a new trailing entry order the bot will merge the amount that should have been purchased in the new target with the existing trailing entry order that is already active.
In that case, the bot will show the new target that is reached as merged in the trade status.
Trailing entry can be very beneficial and help you decrease your buy prices, and is especially valuable in the case of coin dumps, when the price dramatically reduces very quickly.
In that case as the price decreases the trailing price will keep decreasing as well, until the price finally increases to the trailing price and the coins are purchased.
However, please keep in mind that trailing entry will not always result in purchasing the coins in a price that is lower than the target price.
For example, if the price reaches the entry price and then immediately increases, the final buy price can be higher than the original entry price.
Trailing entry configuration:
To configure your trailing take-profit configuration, click on the configuration button in the main menu.
Then proceed to click on the Trailing button.
In the next screen, select the Entry option.
You can now select to disable the trailing entry by clicking the Without option, or selecting a percentage for the trailing entry by clicking the Percent button, and then selecting your desired percentage.
All Things TA! Cornix
Staying on this topic let’s discuss the TRAILING ENTRY, TRAILING TAKE PROFIT and TRAILING STOP. We will share how to get to this to set it up and also what we personally prefer as well as detailed information.
🎯TRAILING TAKE PROFIT:
❗️How do I set this up-
Configuration - binance - trialing - take-profit
❗️What does ALL THINGS TA prefer-
Our preference is choosing without or 1 %
❗️How does it work-
Trailing Take-Profit:
The trailing Take-Profit is a type of trailing that will be activated once a take-profit order reaches the order price.
When that happens, instead of executing a regular take-profit and selling the coins at the take-profit order price, the bot will create a trailing order that will trail behind the maximum price that is reached by the specified percentage.
Let’s take for example the following trade:
⚡ ⚡ #EOS/BTC ⚡ ⚡
Exchanges: Binance
Signal Type: Regular
Take-Profit Targets:
1) 0.001 (50%)
2) 0.002 (25%)
3) 0.003 (25%)
Trailing Configuration:
Take-Profit: Percentage (1%)
When the first take-profit target is reached, instead of selling 50 percent of the coins in the specified price, the bot will create a trailing order on 50% of the coins 1% below the take-profit target, so in this case the initial trailing price will be 0.00099.
As the price increases, the trailing take-profit order will keep trailing 1% below the maximum price that is reached.
Just like in the case of a regular stop order, once the price of the coin drops to the trailing price, then the coins will be sold.
Please note that in some cases the next take-profit target can be reached reached while a trailing take-profit order is already active.
When this happens, instead of creating a new trailing take-profit order the bot will merge the amount that should have been sold in the new target with the existing trailing take-profit order that is already active.
In that case, the bot will show the new target that is reached as merged in the trade status.
Trailing take-profit can be very beneficial to achieve more profit from your trades, and is especially valuable in the case of coin pumps, when the price dramatically increases very quickly.
In that case as the price increases the trailing price will keep increasing as well, until the price drops to the trailing price and the coins are sold.
However, please keep in mind that trailing take-profit will not always result in selling the coins in a price that is higher than the target price.
For example, if the price reaches the take-profit price and then drops, the final take-profit price can be lower than the original take-profit price.
Trailing take-profit configuration:
To configure your trailing take-profit configuration, click on the configuration button in the main menu.
Then proceed to click on the Trailing button.
In the next screen, select the Take-Profit option.
You can now select to disable the trailing take-profit by clicking the Without option, or selecting a percentage for the trailing take-profit by clicking the Percent button, and then selecting your desired percentage.
❗️How do I set this up-
Configuration - binance - trialing - take-profit
❗️What does ALL THINGS TA prefer-
Our preference is choosing without or 1 %
❗️How does it work-
Trailing Take-Profit:
The trailing Take-Profit is a type of trailing that will be activated once a take-profit order reaches the order price.
When that happens, instead of executing a regular take-profit and selling the coins at the take-profit order price, the bot will create a trailing order that will trail behind the maximum price that is reached by the specified percentage.
Let’s take for example the following trade:
⚡ ⚡ #EOS/BTC ⚡ ⚡
Exchanges: Binance
Signal Type: Regular
Take-Profit Targets:
1) 0.001 (50%)
2) 0.002 (25%)
3) 0.003 (25%)
Trailing Configuration:
Take-Profit: Percentage (1%)
When the first take-profit target is reached, instead of selling 50 percent of the coins in the specified price, the bot will create a trailing order on 50% of the coins 1% below the take-profit target, so in this case the initial trailing price will be 0.00099.
As the price increases, the trailing take-profit order will keep trailing 1% below the maximum price that is reached.
Just like in the case of a regular stop order, once the price of the coin drops to the trailing price, then the coins will be sold.
Please note that in some cases the next take-profit target can be reached reached while a trailing take-profit order is already active.
When this happens, instead of creating a new trailing take-profit order the bot will merge the amount that should have been sold in the new target with the existing trailing take-profit order that is already active.
In that case, the bot will show the new target that is reached as merged in the trade status.
Trailing take-profit can be very beneficial to achieve more profit from your trades, and is especially valuable in the case of coin pumps, when the price dramatically increases very quickly.
In that case as the price increases the trailing price will keep increasing as well, until the price drops to the trailing price and the coins are sold.
However, please keep in mind that trailing take-profit will not always result in selling the coins in a price that is higher than the target price.
For example, if the price reaches the take-profit price and then drops, the final take-profit price can be lower than the original take-profit price.
Trailing take-profit configuration:
To configure your trailing take-profit configuration, click on the configuration button in the main menu.
Then proceed to click on the Trailing button.
In the next screen, select the Take-Profit option.
You can now select to disable the trailing take-profit by clicking the Without option, or selecting a percentage for the trailing take-profit by clicking the Percent button, and then selecting your desired percentage.
🎯TRAILING STOP:
❗️How do I set this up-
Configuration - binance - trialing - stop
❗️What does ALL THINGS TA prefer-
Our team is split on this one as some are bigger risk takers then others. With so much up as down movement in the Alts market we need to consider the swings some of these alts take after they hit a target... so for the people who want the biggest returns but are willing to take the biggest risk should choose “without” the people who are risk takers but not as risky should take “moving 2-targets” and for the more conservative people should do “percentage” and we would recommend 6%
❗️How does it work-
Trailing Stop:
The goal of the trailing stop is help you secure and lock-in profits made in trades managed by the Cornix trading bot.
The trailing stop is a great tool when used correctly so you should try to familiarize yourself with all 4 different trailing stop types our bot offers.
The difference between trailing take-profit/entry and the trailing stop and that the two former trailing types are activated on the order that isreached only, while the trailing stop is activated on the rest of the amount that is left in the trade.
Let’s consider the following trade as we explain the 4 different trailing stop types:
Entry Targets:
1) 0.003 (50%)
2) 0.002 (50%)
Take-Profit Targets:
1) 0.004 (50%)
2) 0.005 (25%)
3) 0.006 (25%)
The following are the different trailing stop types:
1. Breakeven: This trailing stop type will move your stop to the average entry price once the first take-profit target is reached.
In the above example, the average buy price will be 0.0025, so once the first take-profit is reached the stop will move to that price.
As mentioned, the stop will be activated only on the amount remaining.
In this case, since 50% of the amount is sold in the first take-profit target, the stop will include the remaining amount which is the remaining 50% of the trade.
2. Moving Target: When using this type of trailing stop, the bot will move your stop to the price of the previous take-profit target, the one before the new take-profit target that is reached.
More specifically, when the first target-profit is reached the stop will be moved to the breakeven price, when the seconds take-profit target is reached the stop will be moved to the first take-profit target price and so on.
In the above example, when the first take-profit target is reached the stop will be moved to 0.0025 (the breakeven price) and will contain the remaining 50% of the amount.
When the seconds take-profit is reached, the stop will be moved to 0.004 (the first take-profit price) and will contain the remaining 25% of the trade amount.
3. Moving 2-Targets allows you similar to Moving Target to move automatically the stop once targets are reached.
In this one, when reaching the first take profit the stop stays in the original stoploss,
When reaching the second take profit the stop moves to breakeven
when reaching the third take profit the stop moves to the first take profit and so on.
This trailing stop type is for those who wants to risk more in order to gain more targets.
4. Target Percent: Using this trailing stop, the bot will move the stop to the specified percent below the take-profit target that is reached.
Let’s assume for this example that the target-percent is defined with 5 percent.
In the trade example above, when the first take-profit target is reached the stop will be moved to 5% below the target price, which is 0.0038, When the second take-profit target is reached, the stop will be moved to 5% above the target price, which is 0.00475.
Just like before, the stop will only include the amount that was not sold in the other take-profit targets.
5. Percentage: In this case, when the first take-profit is reached a trailing stop will be created the specified percentage below the target price, and will keep trailing that same percentage below the maximum price that is reached.
For example, if the percentage is defined to be 5%, then when the first take-profit target is reached a trailing stop will open 5% the target pri
❗️How do I set this up-
Configuration - binance - trialing - stop
❗️What does ALL THINGS TA prefer-
Our team is split on this one as some are bigger risk takers then others. With so much up as down movement in the Alts market we need to consider the swings some of these alts take after they hit a target... so for the people who want the biggest returns but are willing to take the biggest risk should choose “without” the people who are risk takers but not as risky should take “moving 2-targets” and for the more conservative people should do “percentage” and we would recommend 6%
❗️How does it work-
Trailing Stop:
The goal of the trailing stop is help you secure and lock-in profits made in trades managed by the Cornix trading bot.
The trailing stop is a great tool when used correctly so you should try to familiarize yourself with all 4 different trailing stop types our bot offers.
The difference between trailing take-profit/entry and the trailing stop and that the two former trailing types are activated on the order that isreached only, while the trailing stop is activated on the rest of the amount that is left in the trade.
Let’s consider the following trade as we explain the 4 different trailing stop types:
Entry Targets:
1) 0.003 (50%)
2) 0.002 (50%)
Take-Profit Targets:
1) 0.004 (50%)
2) 0.005 (25%)
3) 0.006 (25%)
The following are the different trailing stop types:
1. Breakeven: This trailing stop type will move your stop to the average entry price once the first take-profit target is reached.
In the above example, the average buy price will be 0.0025, so once the first take-profit is reached the stop will move to that price.
As mentioned, the stop will be activated only on the amount remaining.
In this case, since 50% of the amount is sold in the first take-profit target, the stop will include the remaining amount which is the remaining 50% of the trade.
2. Moving Target: When using this type of trailing stop, the bot will move your stop to the price of the previous take-profit target, the one before the new take-profit target that is reached.
More specifically, when the first target-profit is reached the stop will be moved to the breakeven price, when the seconds take-profit target is reached the stop will be moved to the first take-profit target price and so on.
In the above example, when the first take-profit target is reached the stop will be moved to 0.0025 (the breakeven price) and will contain the remaining 50% of the amount.
When the seconds take-profit is reached, the stop will be moved to 0.004 (the first take-profit price) and will contain the remaining 25% of the trade amount.
3. Moving 2-Targets allows you similar to Moving Target to move automatically the stop once targets are reached.
In this one, when reaching the first take profit the stop stays in the original stoploss,
When reaching the second take profit the stop moves to breakeven
when reaching the third take profit the stop moves to the first take profit and so on.
This trailing stop type is for those who wants to risk more in order to gain more targets.
4. Target Percent: Using this trailing stop, the bot will move the stop to the specified percent below the take-profit target that is reached.
Let’s assume for this example that the target-percent is defined with 5 percent.
In the trade example above, when the first take-profit target is reached the stop will be moved to 5% below the target price, which is 0.0038, When the second take-profit target is reached, the stop will be moved to 5% above the target price, which is 0.00475.
Just like before, the stop will only include the amount that was not sold in the other take-profit targets.
5. Percentage: In this case, when the first take-profit is reached a trailing stop will be created the specified percentage below the target price, and will keep trailing that same percentage below the maximum price that is reached.
For example, if the percentage is defined to be 5%, then when the first take-profit target is reached a trailing stop will open 5% the target pri
ce, at 0.0038, on the remaining 50% of the trade amount.
Then as the price keeps increasing, the trailing stop that contains 50% of the trade amount will keep trailing 5% below the maximum price that is reached.
When the second take-profit is reached, the trailing stop will keeps trailing 5% behind the maximum price.
However, the amount of the new take-profit target that is reached will be removed from the trailing stop, and will be sold (either sold immediately or a trailing take-profit will be activated on that amount, depending on the trade configuration).
The trailing stop at that point will contain the remaining 25% of the trade amount and keep trailing 5% behind maximum price that is reached.
Trailing stop configuration:
You can now select to disable the trailing stop by clicking the Without option, or alternatively select one of the different trailing stop types to set them as your default trailing stop.
Then as the price keeps increasing, the trailing stop that contains 50% of the trade amount will keep trailing 5% below the maximum price that is reached.
When the second take-profit is reached, the trailing stop will keeps trailing 5% behind the maximum price.
However, the amount of the new take-profit target that is reached will be removed from the trailing stop, and will be sold (either sold immediately or a trailing take-profit will be activated on that amount, depending on the trade configuration).
The trailing stop at that point will contain the remaining 25% of the trade amount and keep trailing 5% behind maximum price that is reached.
Trailing stop configuration:
You can now select to disable the trailing stop by clicking the Without option, or alternatively select one of the different trailing stop types to set them as your default trailing stop.
💥 Our Newest Configuration “One target/Custom TP” is doing great. If your interested please see below:
Configuration > Binance:
Current Configuration:
Trailing > Entry > Without (Override: Yes)
Trailing > Take-Profit > Without (Override: Yes)
Trailing > Stop > Moving 2 Target (Override: Yes)
Stop Limit Price Reduction > 2.0%
Default Stop > 6.0% (Override: No)
Number of Entry Targets: 3
Entry Strategy > One Target (Override: Yes)
Take-Profit Strategy > 40, 25, 25, 10 (Override: Yes)
Amount per Trade > Percentage (5%) (Override: Yes)
Override All Signal Configurations > No
* Override means that it will use personal configuration instead the one is defined under the signal
🎯 TO IMPORT THIS SAME SETTING FOR YOURSELF PLEASE CLICK ON TRADING CONFIGURATIONS - BINANCE - IMPORT - ALL THINGS TA - ONE TARGET/CUSTOM TP.
What’s different about this configuration. So the main differences are the entry targets we are entering on one target which will be the closest target to the current price so we getting in at 100% of what we want to allocate to the first entry.
Then on the Take Profit we are taking out 40% on TP 1, 25% on TP 2, 25% on TP 3, and 10% on TP 4. Remember even if you add this configuration you can still change whatever you would like.
Configuration > Binance:
Current Configuration:
Trailing > Entry > Without (Override: Yes)
Trailing > Take-Profit > Without (Override: Yes)
Trailing > Stop > Moving 2 Target (Override: Yes)
Stop Limit Price Reduction > 2.0%
Default Stop > 6.0% (Override: No)
Number of Entry Targets: 3
Entry Strategy > One Target (Override: Yes)
Take-Profit Strategy > 40, 25, 25, 10 (Override: Yes)
Amount per Trade > Percentage (5%) (Override: Yes)
Override All Signal Configurations > No
* Override means that it will use personal configuration instead the one is defined under the signal
🎯 TO IMPORT THIS SAME SETTING FOR YOURSELF PLEASE CLICK ON TRADING CONFIGURATIONS - BINANCE - IMPORT - ALL THINGS TA - ONE TARGET/CUSTOM TP.
What’s different about this configuration. So the main differences are the entry targets we are entering on one target which will be the closest target to the current price so we getting in at 100% of what we want to allocate to the first entry.
Then on the Take Profit we are taking out 40% on TP 1, 25% on TP 2, 25% on TP 3, and 10% on TP 4. Remember even if you add this configuration you can still change whatever you would like.
How to Get Started
Hello everyone, this is a short instructions on how to get started with the bot!
1. talk to the @cornix_trading_bot and register (watch https://www.youtube.com/watch?v=ZMdk-4Qy30g&)
2. enable notiifcations (Click the Enable Notifications button, it will redirect you to the @cornix_notifications_bot and then simply click Start at the bottom.)
3. Go back to @cornix_trading_bot
4. Click the Add Client button (watch https://www.youtube.com/watch?v=Al6jHhVUkBw)
5. You'll be asked to choose a channel you want to subscribe to (You'll see there a list of channels that you're member of and supported by Cornix. See the full list on cornix.io)
7. Choose to enable the auto trading for this channel
8. lastly, go to the Trading Configuration > Client > Amount per Trade and choose the amount you want per each trade the bot will open automatically (by default it's 5%)
Hello everyone, this is a short instructions on how to get started with the bot!
1. talk to the @cornix_trading_bot and register (watch https://www.youtube.com/watch?v=ZMdk-4Qy30g&)
2. enable notiifcations (Click the Enable Notifications button, it will redirect you to the @cornix_notifications_bot and then simply click Start at the bottom.)
3. Go back to @cornix_trading_bot
4. Click the Add Client button (watch https://www.youtube.com/watch?v=Al6jHhVUkBw)
5. You'll be asked to choose a channel you want to subscribe to (You'll see there a list of channels that you're member of and supported by Cornix. See the full list on cornix.io)
7. Choose to enable the auto trading for this channel
8. lastly, go to the Trading Configuration > Client > Amount per Trade and choose the amount you want per each trade the bot will open automatically (by default it's 5%)
All Things TA! Cornix pinned «How to Get Started Hello everyone, this is a short instructions on how to get started with the bot! 1. talk to the @cornix_trading_bot and register (watch https://www.youtube.com/watch?v=ZMdk-4Qy30g&) 2. enable notiifcations (Click the Enable Notifications…»
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