What does Monitoring price means?
Anny's monitoring feature is designed to track the price movement and identify the precise moment when the entry range is reached. This allows the signal provider to anticipate the signal's distribution even when the market price is outside the entry range.
- When the current price is below the entry range, Anny will monitor the price rise and place an entry order when the market price reaches within the specified range. This ensures that the trade is executed at the most favorable price within the entry range.
- When the current price is above the entry range, Anny will monitor the price going down and place an entry order when the market price falls within the specified range.
For long signals waiting to break down, Auto Invest is executed precisely when the market price reaches the maximum price of the entry range. In these cases, most of the orders will be LIMIT orders. The reason behind using LIMIT orders is that the market has not fully entered the entry range at that moment; it has just reached the maximum price of the range.
In contrast, when the market is below the entry range and rises, it covers the entire range, making it more suitable for executing market orders.
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