📈Auto-Sell
Last updated
Last updated
The 'Auto-Sell' function allows a user to set a sell order with a number of preset parameters, which include 'Take Profit', 'Stop Loss', and 'Sell in X Blocks'.
It's a very valuable feature allowing users to set almost fully-automated and profitable snipes without any need to perform actions manually. The sniper will buy a coin and sell it in accordance with the parameters set by the user.
It is very important to keep in mind, that the Order Size for every order will only be calculated based on the amount of tokens remaining at the moment of its execution.
Both, 'Take Profit' and 'Stop Loss' orders are setup using 2 parameters:
Amount to sell in %
Oder price (in base value)
The Order Price will always be set in base price of the traded token (generally its BNB for BSC blockchain, and ETH for ETH blockchain).
In other words, when setting an order, for example, for snipe on DOGE coin on ETH blockchain, the price will be set as a base price for DOGE/ETH pair, or, in other words, in ETH.
The 'Sell in X Blocks' order requires the user to choose an amount of blocks to wait until the coin is sold, disregarding it's price at the moment of execution.
'Sell in X blocks' order type will skip the designated amount of blocks before selling the token after your buy transaction.
In other words, when setting an order to sell in 5 blocks, the coin will be sold in the 6th block after the successful snipe.