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Trading Terminal - Manual Trading

How to create manual trades via the Trading Terminal

Written by Hadar Cornix
Updated over a month ago

First, let's get familiar with the Trading Terminal on the Web Dashboard:

Create a Trade:

To create a new trade navigate to the 'Trading Terminal', as seen in the image below.

Open the 'Advanced (Optional)' section to set the Trade Type (Regular/ Breakout), and the 'Close on TP Before Entry' configuration.

Glossary:

  1. Choose the Account - You can choose the desired exchange account to trade with. Follow this link to see the full list of supported exchanges.

  2. Choose the Symbol - You can navigate and select the desired symbol ie BTC/USDT. They will be organized by alphabetic order.

  3. Set the trade's Amount - Set your desired amount per trade specified by the chosen pair.
    *Existing Amount - If you have existing positions of the relevant symbol, you will have the option to select an existing amount to use in the trade. The existing amount selected for the trade will be immediately divided between the pending take-profit targets. When adding an existing amount, you will see a new entry order with the newly added amount. The new order will be created with a fulfilled status with the text "Existing Amount" in parenthesis.

  4. Regular/Breakout - Open the Advanced section to toggle between Regular and Breakout options.

  5. Close on TP Before Entry - Chose to Enable or Disable this feature. Learn more here.


Choose Your Creation Method

Choose the desired method to create the trade.

Cornix currently offers two methods to create a trade - Manual and Free Text.

Manual

the Manual method allows setting each order and each strategy manually.

Navigate between the Entries, Take Profits and Stop sections to set each one of them separately.

Free Text

The free text option allows you to provide the trade details using a single text message, which can be significantly faster than the manual one.

Note that since the free text parser handles most common trades and signals formats, you can use this feature to create trades manually based on signals from any group, even ones that are not officially supported by Cornix (by copying signal text from a group and pasting it into the free text field on Cornix).

As you can see, the message can include trade details such as:

  • Symbol

  • Entry targets

  • Take-Profit targets

  • Stop targets

  • Leverage

  • Trade type (Regular or Breakout)

  • Short/Long

Please note that the message format currently does not support the ratios for each target and trailing information. These trade parameters will be filled in automatically using your selected client configuration (and you will have a chance to edit them before the trade is created).

The following is a comprehensive list of guidelines when creating a free text message:

  • Always have a full coin pair name (BTC/USD).

  • Always have the Buy (or Entry) keyword present in the message.

  • Always have either the Sell or Stop keywords present in the message.

  • Try to avoid variations of the keywords, like S/L. Type out the word Stop instead.

  • Prices in the Satoshis range can be abbreviated and will work fine, eg. 0.00030000 can be written as 30000 (with exception of rule K).

  • Prices stated as 100-200 are seen as TWO entries. If a buy range is intended the addition of the word ‘zone’ needs to accompany the prices, eg. Buy zone 100-200.

  • Try to minimize the usage of unicode emojis like diamond, etc.

  • No need to write LONG or SHORT. Cornix will do this automatically based on the prices.

  • Leverage signals need a leverage indication, with the keyword Leverage or Lev.

  • A stop loss may not be above an entry for a long or below an entry for a short.

  • Breakout trades can be triggered by the usage of the words ‘above or below’. eg Enter above 200-100 or Enter Below 100-200. This will wait before buying.

  • Breakout trades can only have 2 prices in the entry statement as a range.

  • Multiple prices can be used in one line. They will be sorted automatically based on the trade/signal direction, eg. Buy 100 300 200 400.

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