The entry mode, when creating a new smart trade or when configuring the auto invest of a group, can be set as MARKET range or DCA limit.
What's the difference?
Market order entry:
when creating a smart trade you can choose to define the market range of your signal by establishing a minimum entry and maximum entry.
The moment the price is within the entry range, Anny creates an entry order automatically. If out of range, Anny will monitor the price.
when configuring the auto invest of a group you can define if you want your MARKET entries to be within the entry range, OR always enter with market orders despite the booking.
When there is no booking for MARKET orders, they will be created at LIMIT with the highest price of the entry range.
Calculation method: Allocation * (Investment recommendation/100)
DCA entry distribution: This is an investment strategy that reduces the volatility of an initial investment into several smaller entries.
when creating a smart trade you can choose the DCA limit option, that is, define the percentage (of the total investment) for each entry.
When the signal is published, Anny automatically creates the LIMIT entry orders and they will remain open until the defined prices are reached and filled by the exchange.
when configuring the auto invest of a group you can set the percentage of each entry, OR use the ones recommended by the pro trader in the signal.
Calculation method for each entry: Position size * the defined percentage.