An Explanation of each parameter

We expect volatility and accordingly we will try to buy the bottom and sell the top. We can not predict these extrema so we cast a wide net with many limit orders. This tool will create orders at equal intervals in the selected price range. The amount of each order can be varied with the scaling factor. The trades furthest from the current price will produce the lowest average costs or greatest profits. If the price never reaches the highest or lowest orders the trades wont be made at all. This is the trade off reflected by the Scaling factor parameter. Other parameters that affect the success of this strategy are the chosen minimum and maximum values. These can be expressed as a percent of the current price or a dollar amount which may reflect apparent resistance levels.

• Current Price: Tap a GET button to grab it's current price or enter a custom price.

• Order Type: Buy or Sell the desired asset.

• MIN Type: Choose whether the minimum trading price will be given as a percent of the current price or as a dollar amount. For Buy orders the minimum price would be the last order to execute. For Sell orders the minimum price would be the first order executed.

• MAX Type: Choose whether the maximum trading price will be given as a percent of the current price or as a dollar amount. For Buy orders the maximum price would be the firdst order to execute. For Sell orders the maximum price would be the last order executed.

• Minimum: The lowest priced Buy order or the initial Sell order price.

• Maximum: The initial Buy order price or the highest Sell order price.

• Scaling Factor: You can enter values one through nine. 1 = Nearly equal orders for faster entry/exit: 9 = Highly unequal order buy more toward the bottom for lower average cost or sell more near the top for higher profit.

• Number of Orders: The more orders placed the closer a trade can be made near the top or bottom.