How to Interpret the Performance of your Open Smart Trade
Last updated
Last updated
Smart Trading has been deprecated on 25/07/24 and it's no longer available
Once you open a new Smart Trade, you will be able to understand how the position is behaving (and will behave), by taking a look at its performance. To deeply understand how to read the performance, take a look at the different statuses that could be assigned to a single order here.
The performance bar helps you understand your position performance at the current time.
The middle of the bar represents the average entry price of the position
The x-axis is based on the current price
On the upper part of the bar, you will be able to see all your entry steps.
On the left side of the bar, you will be able to see all your stop loss steps (if you're shorting, it'll be reverted)
On the right side of the bar, you will be able to see all your take profit steps (if you're shorting, it'll be reverted)
If the first order has been executed, then you'll have this view:
In this example, the smart trade has one single entry point, one take profit step, and no stop loss.
From this view, you can see that:
The position is long, and it executed a buy order of BTC/USDT at an average price of 23,002.23 USDT, resulting in 0.000779 BTC bought (and the current value is 17.92 USDT)
The current price is below the average entry price (the blue power bar is on the left side)
By hovering the take profit with your mouse, you will see the following:
This means that the take profit order has been placed on your exchange at a price of 24,152.34 USDT with a value of 18 USDT
If no order has been executed yet, then you'll have this view:
This means the first order has not been executed yet. It'll be executed once the price reach the trigger you have set.
In this conditions, no order is placed on your exchange expect the first oder. If you hover on the other entry steps, for example, you will see this:
This means, that a buy order is planned, but no order has been yet placed on your exchange. It will be placed as soon as the first order will be executed