Pyramiding
Pyramiding is a technique that allows you to increase your position size as the market moves in your favor. This is done by adding to your existing position with each new signal that is generated.
How to configure pyramiding
Section titled “How to configure pyramiding”On the bot builder page, click on update bot details and then configure pyramiding.
User-Defined Pyramiding Factor
Section titled “User-Defined Pyramiding Factor”Users can define the extent of pyramiding on the platform, starting from 0. This user-defined factor determines how additional orders will accumulate based on the trading strategy.
Accumulation of Orders
Section titled “Accumulation of Orders”As the market conditions align with the user’s strategy, additional orders are dynamically generated and executed, enhancing the position size in line with the user’s specified pyramiding factor.
Flexible Strategy Adaptation
Section titled “Flexible Strategy Adaptation”The platform adapts to the changing market conditions, allowing users to capitalize on favourable trends by strategically accumulating positions.