Distribute a signal to a pool
Creating your own signal within Anny is very simple and can be done by dragging the lines directly on the TradingView chart within the platform.
For a tutorial on how to create a signal, click here.
In the end, when you click on review, you are given the option to invest or to distribute to a pool. Select the group to which it will be distributed, define the investment or risk and submit.
The position size can be configured using two different options:
- Fixed investment: With this method, you invest a fixed portion of your allocation on each trade. Consequently, the risk exposure will fluctuate with each trade as the investment recommendation varies.
Calculation method:
Entry amount = investment allocation * (Investment recommendation/100). - Fixed risk: Alternatively, you have the option to maintain a fixed level of risk by determining the investment amount based on the stop-loss position.
Calculation method:
Step 1: Investment recommendation = (Risk percent / Stop-loss percent) * 100.
Step 2: Entry amount = Allocation * (Investment recommendation/100).
Anny calculates for you. Define how much your risk is and the Stop loss is taken from the signal.
For professional traders, it's essential to take into account insights into the order book availability. This information can help you establish and define an entry range so all group members are able to enter a signal.
Additional resources:
Create your signal provider Group on Anny
How to manage an existing signal and execute an order for the whole group or just a specific member?