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Regular Order

  1. 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.

  2. 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%.

  3. 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.

  1. 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.

  2. 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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