Wick Hunter

In the dynamic world of cryptocurrency trading, the ability to automate your trading strategies is a game-changer. Wick Hunter offers traders a range of entry types, each catering to different trading styles and preferences. In this article, we will delve into how to use a TradingView Signal with Wick Hunter. 

When configuring a TradingView-based entry in Wick Hunter, it is essential to ensure that "Signal" is selected as the entry type. This allows the bot to receive signals directly from your TradingView strategies. Here are the key settings you need to define:

Entry Type: Choose between "Dollar" and "Percentage." It's important to note that the "Percentage" option is based on your total account balance, not just the available balance.

Entry Size: Specify your entry size. For example, if you choose "Dollars" and input $100, the bot will open a position for $100 USD. This parameter refers to the position size, not the margin used.

Order Type: Select the order type you prefer, such as "Limit," "Post Only," or "Market." Each type has its own characteristics and execution method. We use aggressive "Post Only" and "Limit" orders meaning it will follow the orderbook until it is filled. The tradeoff between order types is typically speed of filling vs paying taker fees (higher fees). Market Orders will the fastest but generally come with a higher fee rate. 

Leverage Type: Decide whether you want to use "Cross" or "Isolated" margin. Cross uses your full account for collateral, while Isolated operates on a pair-by-pair basis based on margin used.

Leverage: Input the desired leverage for your trades.

1. Entry Type: Choose between "Dollar" and "Percentage." It's important to note that the "Percentage" option is based on your total account balance, not just the available balance.
2. Entry Size: Specify your entry size. For example, if you choose "Dollars" and input $100, the bot will open a position for $100 USD. This parameter refers to the position size, not the margin used.
3. Order Type: Select the order type you prefer, such as "Limit," "Post Only," or "Market." Each type has its own characteristics and execution method. We use aggressive "Post Only" and "Limit" orders meaning it will follow the orderbook until it is filled. The tradeoff between order types is typically speed of filling vs paying taker fees (higher fees). Market Orders will the fastest but generally come with a higher fee rate. 
4. Leverage Type: Decide whether you want to use "Cross" or "Isolated" margin. Cross uses your full account for collateral, while Isolated operates on a pair-by-pair basis based on margin used.
5. Leverage: Input the desired leverage for your trades.

Refer to the other sections covering Dollar Cost Averaging, Take Profit, and Stop Loss for details on these.

Creating a Signal Bot: