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Trading Terminal Overview

Guide on the main features and functionality of the WunderTrading Terminal.

Written by Ben Ross

The trading terminal consists of three main parts. The first is an integrated chart from TradingView. The second part is the trading panel, where you input all the parameters of your strategy and the last one is Pump signals.

TradingView Graph

The integrated TradingView chart allows you to apply technical analysis tools to the asset of your choice for fast and efficient execution of the strategy.

Trading Terminal

The Trading Terminal is a form in where you input all the parameters of your trading strategy.

  1. First, select the exchange on which you would like to trade.

  2. Then select the API profile on this exchange that you want to trade with. You can select multiple APIs at the same time to enter positions simultaneously across several API profiles.

  3. After that, select the pair you want to trade. This will be a drop-down list showing which pairs you are able to trade based on your portfolio balance. For example, if you only have USDT in your account, you will not be able to trade the pair ETH/BTC, and it will not appear in the drop-down list.

  4. Enter the Amount per trade in $, Contracts, %, Quote or Base currencies.

  5. Choose the Leverage (Futures only).

  6. Select your Order type (Limit or Market).

    Advanced settings

  7. Set up to 6 Take Profit target.

  8. Set your Stop Loss target in percentage or exact price.

  9. The next parameter is Move Stop Loss to breakeven. Once the activation target is reached, the Stop Loss will be automatically move to the execution target, minimizing the risk of loss.

    • Activation: The percentage at which this function is triggered.

    • Execution: The percentage from the entry price where the Stop Loss will be adjusted

  10. The Trailing Stop has two parameters: Activation Price (Trailing Stop Activation) and Trailing stop (Trailing Stop Execute). The first determines the level at which the trailing stop becomes active. The second is the actual trailing stop. Once the activation price is reached, this becomes the starting point. If the price continues to rise, the trailing stop will follow in the same direction.

  11. DCA feature allows you to set DCA parameters for your strategy to have the option to average your entry price.

  12. DCA section begins with selection between Order averaging and Position averaging DCA Modes.

    Position averaging is the default logic, where first Extra order has the same amount as entry order, meaning that DCA parameters will apply starting from the second extra order. However, Order averaging applies Order size multiplier starting from the first DCA extra order.

  13. Averaging method allows you to choose between Fixed coin amount and Fixed order value.

    Fixed coin amount makes each DCA order buy the same amount of the asset (e.g., 0.01 ETH). Fixed order value makes each DCA order use the same amount of quote currency (e.g., $20).

  14. Place exit conditional orders on exchange allows you to send TP and SL directly to the exchange as conditional orders (Binance and Bybit only).

  15. A Reduce-Only order is a type of order that only reduces an existing position, preventing the opening of a new position in the opposite direction. It ensures that the trader's actions will not increase their overall exposure, effectively limiting the potential for over-leveraging or unintended positions.

  16. Select the side of the trade.

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