Volven Terminal Documentation
  • 📒Overview
    • Introduction
    • Signing up
    • What is Volven Terminal?
    • Features and Algorithms
  • ✅Getting Started
    • How to add your API Key
      • How to create Binance API Key
      • How to create Bybit API Key
      • How to create Crypto.com API Key
      • How to create OKX API Key
    • Security
  • 🧩Modules
    • UI Overview
      • Ticker
      • Strategies
        • Actions
        • Statuses
      • Balances Chart
      • Public Trades
      • Order book
      • Chart
      • Trades
      • Orders
      • Futures Positions
      • Futures Settings
      • Accounts
  • 🧠Strategies
    • Market Making
      • Drive Market Making
      • Trend Market Making
      • Single Exchange Market Making
      • Multi-Exchange Market Making
    • Time-Weighted Average Price
    • TWAP Arbtirage
    • Slicer
    • Smart Order
    • Bulk Converter
    • Cobra
    • Advanced Limit Order
    • Parameter Explanations
    • Bull & Bear Trader
  • 🛠️Changelog
    • v0.58.3
    • v0.58.2
    • v0.57.0
    • v0.55.0
    • v0.54.0
    • v0.53.0
    • v0.52.0
    • v0.51.0
      • v0.51.1
    • v0.50.0
      • v0.50.1
    • v0.49.0
    • v0.48.0
    • v0.47.0
    • v0.46.0
    • v0.45.0
    • v0.44.0
    • v0.43.0
      • v0.43.1
    • v0.42.0
    • v0.41.0
    • v0.40.0
    • v0.39.0
    • v0.38.0
    • v0.37.0
      • v0.37.1
    • v0.36.0
    • v0.35.0
    • v0.34.0
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Volven AS

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On this page
  • What is the Volven ALO?
  • How to place a Volven ALO?
  • Optional parameters

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  1. Strategies

Advanced Limit Order

ALO

<<Youtube link to What is ALO>>

What is the Volven ALO?

The ALO is a trading strategy that automatically manages your take profit and stop loss. The trader provides the entry, TP, and SL (optional) price levels. When the entry order is filled, the trading strategy will monitor the market and automatically exit your position if the market hits the take profit price or stop loss price.

ALO is a great entry-level trading strategy for those looking to learn and understand more about algo trading. Especially in crypto, where the market never sleeps, it is essential to have trading strategies that monitor your positions to maintain an acceptable risk level.

How to place a Volven ALO?

<<Youtube link to launch tutorial>>

Optional parameters

Parameter
Purpose

Take Profit

Your take profit level to exit with the full amount.

Stop Loss Trigger

Your stop loss level to exit with the full amount.

PreviousCobraNextParameter Explanations

Last updated 1 year ago

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