Target

Target Strategy
The Target Strategy is a strategy whereby the TraderPlan automation will progressively buy below a set prise or sell coins above a set price. The user has the power to establish the number of coins desired to be held, the minimum distribution price and the maximum allocation price.

Create Target
Description:  Using this command will create a new Target.

C ommands/Shortcuts:  [pre]addtarget, [pre]at

To create a target you use the following commands: Example: [pre]at BTC USDT
 * !addtarget  
 * !at  

The example shows a user creating a new BTC/USDT target. The new target strategy is created with a default settings and turn off.

Remove Target
Description:  This feature allows the user to remove an existing target. The command will remove the target entirely. Once removed, a target pair would have to be added again and reconfigured.

C ommands/Shortcuts:  [pre]removetarget, [pre]rt

To create a target you use the following commands: Example: [pre]rp ETH USDT
 * !removetarget  
 * !rt  

The example shows a user completely removing their ETH/USDT target. If the user wanted to add it back, they would need to recreate it using [pre]addtarget.

Copy/Clone Target
Description:  This feature allows for the user to import previous target settings into a new market/pair. The command creates a new target that has the exact settings of another target that the user chooses.

Commands/Shortcuts:  [pre]clonetarget, [pre]ct

To copy a target you use the following commands: Example: [pre]ct ETH USDT DASH USDT
 * !clonetarget    
 * !ct    

The example shows a user creating a new DASH/USDT target. The new target will use the settings from their pre-existing original ETH/USDT target.

View Target
Description:  Using this command will display all target Pairs that you have added to your Target Editor.

Command/Shortcut:  [pre]target report, [pre]tr

To view your target/s you use the following commands: The above entry will open a list of all saved target
 * !targetreport
 * !tr

Edit Target
Description: This feature allows the user to customize their target settings. This allows the user to take complete control of their target strategies on the fly.

Commands/Shortcuts: [pre]target, [pre]et, [pre]settarget, [pre]st, [pre]te, [pre]at (adds target, but brings up editor after adding).

To edit your target you use the following commands: Example: [pre]et ETH USDT
 * !edittarget
 * !et
 * !settarget
 * !st
 * !te
 * !ts

The example shows a user opening up the editor for their ETH/USDT target.

Target Command Terms: (see next section for more details)

1 - Base Allocation
This option sets the base asset allocation you want for the target pair.

Example: 1 2

For a BTC market, the above entry will set 2 BTC as the current amount of base coins TraderPlan will trade with from your exchange wallet.

2 - Target
This option sets the target amount of coins TraderPlan will achieve.

Example: 2 0.5

For a BTC market, the above entry will set 0.5 as target amount of BTC which TraderPlan will buy up to or sell down to.

3 - Trade Amount (1pos)
This option sets the position size Traderplan will trade with.

Example: 3 0.02

For a BTC market, the above entry will set 0.02 as trade amount and TraderPlan will trade this amount each time it buys or sells.

4 - Time between Buys/Sells
This option sets the time delay between buys and sells.

Example: 4 t5m

The above entry will set the time delay between buys and sells at 5 minutes.

5 - Active
This option makes the strategy active or inactive (Represented as True/False). Normally best to set this after editing all settings

Example: 5 true

The above entry will set target strategy to active.

6 - Maximum Buy price
This option sets the maximum target buy price.

Example: 6 8000

For a USDT/BTC market, the above entry sets the maximum buy price of BTC at 8000 USDT

7 - Trail Stop Mode (Allocation)
This option toggles trailing buys on and off.

Example: 7 on

The above entry sets the trailing buy mode on

8 - Trail Stop % (Allocation) Edit
If Trail Stop Mode is toggled on, this will allow TraderPlan to follow momentum of the market beyond the specified maximum buy price.

Example: 8 0.1

The above entry will initiate a 0.1% market price trail, which will continue to follow the market price down. TraderPlan will initiate a buy after a 0.1% increase in market price.

9 - Buying Order Mode
This toggles the buy mode to LIMIT/MARKET (applies to exchanges that have these options).

Example: 9 LIMIT

The above entry sets the buying order mode to limit.

10 - Maker Taker Mode (Allocation)
This toggles the buy order type to MAKER/TAKER (MAKER will create a new highest buy order, TAKER will fill the current lowest sell order)

Example: 10 MAKER

The above entry sets Allocation Maker/Taker mode to Maker.

11 Minimum Sell Price
This option sets the minimum target sell price.

Example: 11 10000

For a USDT/BTC market, the above entry sets the maximum sell price of BTC at 10000 USDT

12 - Trail Stop Mode (Distribution)
This option toggles trailing sells on and off.

Example: 12 on

The above entry sets the trailing sell mode on

13 - Trail Stop % (Distribution)
If Trail Stop Mode is toggled on, this will allow TraderPlan to follow momentum of the market beyond the specified minimum sell price.

Example: 13 0.1

The above entry will initiate a 0.1% market price trail, which will continue to follow the market price up. TraderPlan will initiate a sell after a 0.1% decrease in market price.

14 - Selling Order Mode
This toggles the sell mode to LIMIT/MARKET (applies to exchanges that have these options).

Example: 14 LIMIT

The above entry sets the selling order mode to limit.

15 - Maker Taker Mode (Distribution)
This toggles the sell order type to MAKER/TAKER (MAKER will create a new lowest sell order, TAKER will fill the current highest buy order)

Example: 15 MAKER

The above entry sets the distribution Maker/Taker mode to Maker.