# Slicer

<\<Youtube link to What is Slicer>>

## What is the Volven Slicer?

A Slicer is a dynamic execution strategy and can be described as a short-term TWAP strategy. The strategy will spread the executions of the order up to 15 min from the start (default value 1 min). Slicer aims to trade at market VWAP or better in a given time window. The Slicer is given the discretion to capture crypto momentum, volume surprises, and optimal order placement levels. It is a strategy that works well when you have decided on a level where you are happy to add or sell without being static in the market.

Slicer focuses highly on order handling and the importance of having the highest possible fill rate of passive executions. This will lower the commission and increase spread capture

### How to place a Volven Slicer?

<\<Youtube link to launch tutorial>>

### Optional parameters

<table><thead><tr><th width="259">Parameter</th><th>Purpose</th></tr></thead><tbody><tr><td>Price Limit</td><td>Upper barrier for buying, or lower barrier for selling. Prevents your strategy from buying at an unfavorable price.</td></tr></tbody></table>


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