Limit Order Configuration

What is a limit order?

A limit order lets you preset a trigger price and execution parameters, then automatically place the order when the market reaches that price. You can use it for buying dips, breakout buys, take-profit, and stop-loss, so you do not need to watch the market constantly or trade emotionally.

Limit order settings explained

Basic information

• Status: Controls whether this limit order is enabled. It will only trigger when enabled.
• Wallet: The wallet used to execute the limit order, selected from your wallet list.
• Order type: Choose buy or sell.
• Token address: The contract address of the target token.

Trigger and size

• Trigger price (USD): The target price that triggers execution.
  • Sell order: If price goes above the trigger, it can be used for take-profit; if price goes below the trigger, it can be used for stop-loss.
  • Buy order: If price goes below the trigger, it can be used for buying the dip; if price goes above the trigger, it can be used for breakout buying.
• Buy amount: Required only for buy orders. This is the amount to buy after the trigger fires.
• Sell percent: Required only for sell orders. This is the percentage of current holdings to sell after the trigger fires (1% to 100%).
• Expiration time: If the order is not filled within this time window, it will be canceled automatically to avoid stale orders drifting away from your plan.

Trading parameters

• Max slippage: Controls the maximum allowed deviation between expected price and actual fill price. Lower values keep cost closer to your expectation; higher values usually improve fill probability.
• Fast mode and anti-MEV mode:
  • Fast mode: Prioritizes the fastest possible on-chain submission speed.
  • Anti-MEV mode: Submits through anti-MEV services to reduce sandwich attack risk.
• Priority fee: The fee paid to validator nodes. Higher values make it easier to get earlier inclusion priority.
• Tip fee: The fee paid to transaction relays and anti-MEV services. Higher values usually improve your ranking inside the service.

Limit order trigger strategy reference

• Buy + downward trigger: Commonly used for buying the dip.
• Buy + upward trigger: Commonly used for breakout buying.
• Sell + upward trigger: Commonly used for take-profit.
• Sell + downward trigger: Commonly used for stop-loss.

Practical tips

• Decide the strategy first, then fill parameters: decide whether this is a dip buy, breakout buy, take-profit, or stop-loss before setting price and size.
• Focus buy orders on cost and sell orders on execution: buy orders can use stricter slippage, while sell orders can use looser slippage to improve execution rate.
• Set a reasonable expiration: in volatile markets, shorter expiration helps avoid old plans being triggered under new market conditions.