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How does "Only buy if not already in positions" work?
How does "Only buy if not already in positions" work?

With 'Only buy if not already in positions' enabled, trading bot avoids new buy orders overlapping existing ones.

Pete Darby avatar
Written by Pete Darby
Updated over 6 months ago

When you have 'Only buy if not already in positions' enabled, the trading bot will not place a new buy order if there is an open position within the current price range for the cryptocurrency.

For example, if you configure 1 percent, the bot will not place a buy order if you own a position of the same currency that is either up or down less than 1 percent.

You can find this setting in your Base config under 'Buy settings'.

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