Configuring Order Prices with Fixed, Offset, and Percentage Values
Summary
The document explains three ways to specify an order price in a trading configuration. A constant value sets an absolute price. A signed delta adds a fixed amount to, or subtracts it from, the asset’s current price. A signed percentage instead applies a proportional increase or decrease to the current price. The examples demonstrate how positive and negative inputs map to higher and lower order prices.
These conventions let a trader choose between an absolute price and a price that adjusts with the market. The page locates the settings in trading mode configuration and profile settings, but does not describe order types, when orders are submitted, rounding, exchange price limits, or how the reference price is sampled. Its numeric examples illustrate the syntax only and provide no performance evidence or advice about which pricing method to use.
Key ideas
- A constant value specifies an absolute order price.
- A signed delta shifts the current asset price by a fixed amount.
- A signed percentage scales the current price upward or downward.
- Order price settings are configured in trading mode or profile settings.
Tags
Full text
# The order price syntax --- title: "Orders price syntax" description: "Configure your OctoBot orders prices using a percent of the current price, static price or a difference from the current price." sidebar_position: 11 --- # The order price syntax Using OctoBot, you can price your orders in different ways using a either a fixed value or a value relative to the current price of an asset. Order prices can be configured in your trading mode configuration, in profile settings. ## Constant price A price that always remain constant. > Use `50000` to set your order price at exactly "50000" USDT when trading BTC/USDT for example. ## Delta amount: d A value that increases or reduces the current price using a predefined value. > Use `100d` to set your order price 100 higher that the current price. For example, if the current price is "50000", then the order price would be "50100". > Use `-400d` to set your order price 400 lower that the current price. For example, if the current price is "50000", then the order price would be "49600". ## Percent amount: % Percent increase or decrease from the current price. > Use `10%` to set your order price 10% higher that the current price. For example, if the current price is "50000", then the order price would be "55000". > Use `-25%` to set your order price 25% lower that the current price. For example, if the current price is "50000", then the order price would be "37500".
Shown in full with attribution under the source's licence. Licence: GPL-3.0
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.