Ensure you don't lose out on a position while you sleep
Have you ever placed a limit order, gone to sleep and not had your order executed because you placed it at $125, and the price hit $125.16 but never dipped down to $125?
The landmine allows you to set a trigger price and a proximity price.
Trigger Price
This works the same as a traditional limit order where if the price reaches $125 — to continue with our example — a buy is placed.
Proximity Price
Before going to bed, you can set a proximity price of say $125.50. If the price dips to $125.50, a buy is not placed yet. Instead our bots wait as the price keeps dipping.
If the price keeps dipping down to $125, the trigger price is activated and a buy happens.
In our example, the price only dipped to $125.16, so when the price bounces back up, a buy would be placed at $125.50.
