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Regular Order
Input and Output Tokens for Trade Orders:
For a Buy Order: Set the input token as WETH.
For a Sell Order: Set the output token as WETH.
Selecting Percent Change for Trade Execution:
Specify a percentage for the trade trigger.
Example: If you choose 5% for a buy order, the system will execute the purchase when the 15-minute moving average price of the output token decreases by 5%.
Automation Order Duration and Conditions:
Orders remain active until a specified deadline.
If the trade condition (i.e. percent change) is not met by the deadline, the trade is not executed.
You can view all active and past trades on the View Trades page.
Swap Over Time Order
The instructions to set up a Swap Over Time order is very similar to the instructions above, with the exception of Batches and Time Between Batches.
Batches:
Dividing the Order: Your total order is divided into smaller parts, known as batches.
Execution per Batch: Each batch is executed independently when the trade condition is met.
Example: If you set up an automated buy order for 300 WETH, divided over 3 batches, with a condition that the 15-minute moving average price decreases by 5%, then each batch will involve swapping 100 WETH.
Time Between Batches:
Choosing Execution Interval: You can select the minimum time interval between the execution of each batch.
Options for Interval: The available intervals are 15 minutes, 1 hour, 4 hours, or 24 hours.
Purpose: This interval accounts for immediate fluctuations in price, allowing for a more spread out execution and potentially reducing the impact of short-term price volatility.
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