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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. Choose the Exchange and corresponding API.

    You can select up to 50 APIs simultaneously, all consolidated under a single strategy.

    In order to select demo account, enable "DEMO" mode.

  2. Select your trading pair from the list for each API, or type it directly into the search field.

    Advanced settings allows you to specify Leverage for each pair individually, as well as API multipliers, giving greater flexibility when managing multiple APIs.

    You can select up to 10 different pairs in total, meaning that a separate trade will be created for each selected pair.

  3. Select the Order type you want to use: Market or Limit.

    If you choose a Limit order, you will also need to specify the Price Deviation (the price deviation at which the order is filled) and the Time in Force (how long the limit order will remain active before it is canceled).

    Advanced settings

  4. Set up to 10 Take Profit targets.

  5. Set your Stop Loss target in percentage or exact price. You can also select between "Based on entry order" or "Based on average price" Stop Loss type.

  6. 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.

  7. 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.

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

  9. 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.

  10. 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).

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

  12. 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.

  13. Select the side of the trade.

For Pump Signals refer to the following article:
https://help.wundertrading.com/en/articles/9064512-pump-screener-pump-signals

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