SmartTrade features

How to use the SmartTrade features

How to Trade faster

Let’s say you are a scalper or a day trader that only trade the BTC/USDT pair on the 15 minutes chart with a fixed amount and always use a 0.4% stop-loss and 0.5% take profit.

You can set these settings as predefined in the “SmartTrade setting” page. This way, every time you open the SmartTrade page, it preloads with your custom settings in it.

When you want to trade, you only have to open the SmartTrade page, select the direction of the trade, check the “Open real trade on Binance” option, and click the button to open a trade.

Yes, that’s it. You can open a trade on Binance with only 3 clicks! No need to manually set stop loss and take profit, PersonalTrader do that for you too!

To learn how to customize your SmartTrade settings click here.

Break-even and Lock profit

Did you ever imagined that it was possible to automatically move your stop-losses to break-even and lock profit?

You can use these features to cut losses and protect your capital, and to lock in some profits once the price reaches a certain percentage of your choice.

Let’s say that your main take profit target is 5% and your Stop-loss is -2%. You want to move your stop-loss at break-even when the price reaches 2%. And when the prices reaches 4%, you want to move your Stop-loss even higher to lock in a 2% profit.

No need to look at the screen all day, and do it manually, PersonalTrader can automatically do that for you!

Click hereto learn how to move your stop-loss to Break even and to Lock profit.

Enchanted limit orders

Let’s say that you are waiting for a breakout and a retest to open a long position, and you only want to start trading once the price reaches and certain price, which is higher than the current price.

If you set such limit order, Binance will open your trade immediately at the current price, because it’s a better price than your limit price.

Crypto exchanges like Binance usually only allow you to set a limit order with a lower price if you go long, or with a higher price if you go short.

With PersonalTrader Enchanted limit orders, you can set a limit order for a long position at a higher price, and a limit order for a short position at a lower price. Your trade will open automatically only when the current price reaches the limit price you specified. No matter if it’s higher or lower than the current price.

Learn how to set a limit order in our SmartTrade tutorial.

Trade statistics

It’s important to understand every aspect of your trades. PersonalTrader shows many useful statistics to help you better assess the risk of your trade, and even of your entire account balance.

Trade statistics are shown on the right side of the page (or below if you are on Mobile), and are available for SmartTrade, trading strategies and TradingView Alerts.

These real-time statistics will show you:
- how much you can win and lose with each trade,
- the risk/reward ratio and the win-rate needed to be profitable,
- the exchange fees for entering and exiting each trade,
- how much margin you will use and risk based on your entire account balance,
and much more!