BUY SETTINGS
In this section you can learn more about how to set-up your buy settings
Mizar enables you to buy with a Market Order (instant buy) or with a Limit Order (at defined deviation or price).
Market Order
Buy Amount: Define the amount of ETH you want to swap.
Limit Order
By using Limit Orders, the Mizar Sniper Bot will keep monitoring the prices and execute your transaction as soon as the defined target is hit. You can set-up multiple limit orders to create a Dollar Cost Averaging (DCA) bot.
Limit orders are available only for already launched tokens.
Deviation: the price deviation relative to the token price at the time you created the snipe.
Amount: the amount of ETH to swap for the token at the defined deviation.
Expiration: set the expiration time (in hours) after which the limit order will be considered expired.
By clicking on the "$" button you can switch to price view and define price targets instead of deviation.
Example: You set 3 limit orders with deviations of -5%, -10%, and -15%. The token's price, which you intend to snipe, is $1.00 at the time of snipe creation. After creating the snipe, Mizar continuously tracks the price, patiently waiting for the specified targets to be reached.
At one point, the price dips to $0.95, prompting Mizar to execute a purchase transaction of 0.05 ETH. The price then declines further, hitting $0.90, at which point Mizar initiates a second purchase transaction of 0.05 ETH, dollar cost averaging your snipe.
Gas Priority
Max Buy Gas Priority: The bot automatically adjusts your transaction gas to the average gas price and add the chosen gas priority on top of it. For instance, if the ETH gas average is 15 gwei and your gas priority is 5 gwei, your transaction's gas price will be set at 20 (15 average + 5 priority) gwei. In this way, you can ensure that you buy the tokens before the average purchaser within the same block. In case of limit orders, the same gas priority is applied to each limit order step.
Slippage
Specify the slippage threshold for executing your buy transaction. In case of limit orders, the same slippage is applied to each limit order step.
MEV Protection
When activated, the buy transaction will be executed trhrough a private transaction. This will avoid to get front-runned or sanwiched.
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