Superorder Basics: 3 Main Ways to Trade – Superorder.io
What a nice day to talk about Superorder, huh? In this short guide, we want to remind you how our products work. The majority of our traders know that the terminal allows building strategies. However, since the first launch, we’ve added a lot of other cool features that expand the trading experience. This article will quickly explain three core trading opportunities available to Superorder users.
Okay, let’s start with the recent simple tool. We’ve added it this fall and are really proud. As you may know, TradingView is one of the most popular charting/analytical crypto platforms in the world. It delivers hundreds of indicators allowing traders to make better decisions. The catch is that you always have to switch tabs to place orders.
Well, you had to. With the browser extension for Chrome, all Superorder users now can trade directly on TradingView. Yes! It’s enough to sign up, install a tiny plugin, and you will be able to place orders from charts. Buy, Sell, and Stop orders are available. What’s better, they appear on charts and are recorded so you can easily track your actions.
Read more about the Chrome extension in our Medium blog.
The second approach is more traditional. We’ve started Superorder with it and it remains important for our users. Put simply, Superorder is a crypto terminal that allows traders to access different exchanges from one place. Moreover, it automates trading by the execution of user orders and chains. There are three ways in which you can use the terminal.
Just Orders
See these big titles «Buy BTC» and «Sell BTC» on the image? Great, you can use them as general exchange-based functions to place orders. Here’s the simplest guide for this:
- Choose the exchange in the upper left corner. Binance, Bittrex, BitMEX, and CEX.IO are available now and more are planning.
- Choose the market right under exchanges. We support all coin pairs that are available on exchanges. Yes, we work with fiat-crypto ones on CEX.IO, too.
- Choose the order type. There are Buy and Sell categories with Market, Limit, and Trailing types in each. Super Trade will be explained a bit later.
- Enter the desired amount and specify other conditions. You can add limits and trailing distances in the corresponding order types.
That’s it. Click the arrow button and wait for the execution. Here, everything is similar to exchange-based trading but we support four of them!
Custom Strategies
This approach is a bit more complicated but way more powerful. Actually, we positioned it as the main product after the launch. The strategy builder works like Lego things — it allows you to combine different orders/conditions into one large chain. An example is below in the picture.
To start, you should set one or a few orders, tune them according to the trading plan (exchanges, markets, rates, amounts, etc.), and activate the strategy. The terminal will take care of the execution. If you need, feel free to tick the Repeat box. Additionally, it’s easy to test the strategy using demo money in our sandbox.
Today, Superorder users can select from these types:
- Market Buy/Sell.
- Limit Buy/Sell.
- Stop Loss.
- Trailing Buy/Sell.
- Notify.
- External Trigger.
- Wate for Rate.
- Rate Change.
- AND/OR Forks.
- MACD Indicator.
- RSI Indicator.
We also regularly update existing orders and add new ones to maintain the best efficiency.
Read more about creating trading strategies and available orders/conditions in our guide.
Super Trade
The third way to trade inside the terminal is pretty simple. It was created for users who want to try custom strategies but don’t have time to design them. Using Super Trade, you can specify what you want to do (Buy/Sell), choose the order type (Market/Limit), and add Take Profit and/or Stop Loss levels. Just enter all prices with percentage and finish. Superorder will automatically design the trading strategy and activate it. Easy!
Read more about Super Trade in the guide.
Here they are! Our shiny creations, simple yet powerful crypto trading bots. They are the perfect choice for traders who want to keep in touch with markets but aren’t satisfied with strategies or other approaches.
Bots are closed source. It means that you don’t have to tune them to activate. Just choose the most suitable trading plan (there are descriptions and stats for each tool), pay for the chosen period, and run the bot. It will work based on the Superorder API.
Today, six Superorder bots are available for BitMEX:
- Susy the Baller, XBT/USD.
- Mr. Ripple, XRPU19 (XRP//BTC).
- Ethos, ETH/USD.
- Milk Scalper, XBT/USD.
- Cherry Pick Bot, XBT/USD.
- Happy Hammer, XBT/USD.
As with orders, we’re developing new bots for more exchanges now.
Explore the detailed list of bots in our blog.
As you can see, there are three different ways to trade. For thoughtful users with enough time, we have custom strategies — they are easy-to-create but pretty powerful because of conditional elements. For busy traders, we’d suggest bots or our Chrome plugin for TradingView. Regardless of the way your trade, you will require only one Superorder account.
Follow us in Medium, Facebook, and Twitter. Check the chat in Telegram. And stay tuned, we have more to tell!
Published at Sat, 16 Nov 2019 08:13:54 +0000
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