Table of Contents
With PT Magic you can specify "Single Market Settings" to manipulate your Profit Trailer settings only for a single market pair.
In general, those settings work pretty much the same as the Global Settings, but there are some points we want to highlight here.
Market Trend Relation
The setting for "MarketTrendRelation" is very important for your triggers and it can handle two modes.
Relative
When this setting is set to "Relative", PT Magic will take the current global market trend and set the trend of every single pair into a relative relationship to the global trend.
This is extremely useful to keep yourself protected for example from getting into a Pump and Dump situation, but to also stay trading when the market in general is making a bigger move.
Example
The current trend "Bittrex 24h" for the pair "BTC-ZCL" is at +19% and your trigger for a P&D protection is set to 10%
The current global market trend "Bittrex 24h" is on a rise and at +15%
The trigger will NOT set single market settings for BTC-ZCL as the +19% are only a +5% relative to the market in general.
Absolute
When this setting is set to "Absolute", PT Magic will just take the trend of every single pair and watch for a matching trigger.
In general this is even more conservative compared to the "Relative" setting but it may block you from trading many pairs if the market in general is making a bigger move.
Example
The current trend "Bittrex 24h" for the pair "BTC-ZCL" is at +11% and your trigger for a P&D protection is set to 10%
The current global market trend "Bittrex 24h" is on a rise and at +10%
The trigger WILL set single market settings for BTC-ZCL as the +11% are matching the trigger, although it may not be a pump and dump situation for this single coin.
Settings for your PAIRS.PROPERTIES
To set a property for a single market you may use the following:
Using "DEFAULT_" prefix:
"PairsProperties": {
"DEFAULT_trailing_profit_OFFSETPERCENT": -10,
"DEFAULT_sell_value_OFFSETPERCENT": -30,
"DEFAULT_sell_only_mode": true,
"DEFAULT_DCA_enabled": false
}
SMS Examples
To get some more ideas of the different ways you can use SMS settings, see our Settings Archive
General
Getting Started
Settings
Guides
- Writing Properties
- Offset and Offset Percentages
- Single Market Settings
- MinChange & MaxChange
- Off Triggers (SMS Only)
- Updating PT Magic
- Editing JSON files
- DCA Calculator
- Sales Analyzer
- Reset PTM Data