Don't most exchanges already have stop limit functions anyways?
Is it that yobit and wex doesn't have them yet?
Anyways, it's a good idea if they don't have this function yet since this is pretty much used by most traders. I think that the flexibility that you offer with the "stop orders at level breakthrough" is great as well since prices usually rise when a major resistance is hit, and traders can't do that on exchange. Also WEX and Yobit are pretty much used by nobody trading large volumes, try to add exchanges.
The only concern would be trusting you guys with the "trade" API keys, as you guys can potentially use funds to buy up coins and pump smaller markets for your personal gains. Not saying that you'll do it but just an issue.
Topic: [SERVICE] Stoplimit.org - service for placing stop orders [WEX, YOBIT] (Read 386 times)
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January 14, 2018, 04:41:56 AM
How do you earn money and sustain this service..?
During the open testing period the service is provided free of charge.
January 12, 2018, 09:32:00 AM
How do you earn money and sustain this service..?
January 12, 2018, 09:25:48 AM
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December 07, 2017, 02:38:36 PM
reserv
December 07, 2017, 02:13:14 PM
The service allows to place stop orders for both sell and buy.
Two types of stop orders are supported:
- StopLimit
- Market
- Trailing stop (under development)
Let’s consider it in more detail by sell examples.
StopLimit. Two prices are specified in it: the trigger price (stop) and the price of placing the order (limit).
We order the exchange "to place a sell order at the limit price when the price reaches the stop level."
T IS VERY IMPORTANT not to confuse stop and limit! If you enter stop 8,400 and limit 8,500, a sell order at a price 8500 will be placed when the price reaches 8,400, which may never be executed.
Stop Market. Only the trigger price is specified.
We order the exchange "to sell at the market price, quickly and decisively when the price reaches the stop level".
Stop orders can also be bought at the levels breakthrough.
For example, the BTC approaches 10,000 but is held at 9,900, and you want to buy when the price hits 10,000.
Create an order, specify the direction "Buy" and set the price. Once the price reaches this level, your buy order will trigger.
To keep your funds safe, we do not recommend using the API keys with "withdrawals" rights, you need the "trade" right for operation.
The service currently operates in the open beta mode. New functions are being actively developed and the revealed mistakes are corrected.
We will be glad to get any feedback and thoughts on the service!
- Will this service be in demand?
- Which exchanges should we add?
- Which functions should we add?
- Which functions should we improve?
Stoplimit.org
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