Auto Reverse Trading is the act of trading 'in reverse'. This allows you to sell a coin that you have purchased (and is now dropping in value) to buy back at a lower price to then sell for profit. See below for a visual example.
ART has its own strategy that can be configured via the 'My Strategies' tab from within your account. Once you've clicked 'New Strategy' simply select 'Auto Reverse Trading' from the 'Type' drop-down box.
Like any other strategy, you can select the Candle Style and the Scan time.
You can also confirm as to the MAX amount of time your bot can sell and rebuy on each position with Max ART Levels
The next stage is to tell the bot at what % negative you would like the ART strategy to take control of the position when using Indicators & Signals. Enter this a positive value. Once the threshold value is met the bot will begin to scan awaiting confirmation that the required indicators have been hit to make the sale.
You also have the option to use the Apex Auto Sell which is an algorithm created by the Apex team to automatically sell once the algorithms criteria are met.
When using Apex Auto Sell your positions will show at what price the algorithm is currently looking at to make its first reverse sale.
Note: When a position is in the 'Reversing' state you do not currently hold the coin. It's not until ART Rebuy and buy back into the position and then you hold the coin again
Much like your bots main Buy strategy, here is where you configure the settings that will be used when buying back into the position you have just sold. There are a few added features that you won't find in any other strategy, these include;
- Only buy below last sell price: This means your bot will not attempt to rebuy if the price rises above your ART's sell price, even if your rebuy strategy is met.
- Auto Rebuy above last sell price: This allows you to rebuy back into a position if it rises a certain percentage above your ART sell price (e.g you sell and a coin begins to pump)
- Auto Rebuy below n%: This allows you to define a set percentage as to when Apex rebuys back into a position, the strategy does not have to be met
This is the final stage of the process and where you will configure the sale of the position. Again you have the options of;
- Percent Profit
- Profit Trail
- Dynamic Percent Profit: note DYNAMIC PP is based on your original strategy and not the ART strategy.
ART on Open Positions
In your open positions table, you will see a key that shows the state each position is in when coming to ART
In our example below you can see the position has ART enabled and has sold and rebought into the position 1 time so far.
Once a position has been sold and rebought you will notice a new percentage value appear in the result collum. This states the value from the last buy (ART Rebuy) to the current price on the exchange.
In our example, the rebuy price was 0.00000639 and the current price is 0.00000664 which is a difference of 1.56%
Please note that each Indicator group is a separate strategy and if any signal in one of the groups is true you will get a buy/sell signal