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  2. Limit orders

Parameters

Learn how to setup your orders.

PreviousCreate an orderNextExecution

Last updated 1 year ago

As we said in the section on , buy and sell orders work in similar ways. Their parameters are also similar. We have built a system that allows you to adapt your orders to your strategy easily, thanks to a quick and easy-to-use interface.

Status

Target

Amount/Txn

Buy/Sell below & above

Gas preset

Simulation

Once you've set up and activated your task, don't forget to open your DMs for the Aura server. Order results are sent to you in a private message to make sure you don't miss them.

This parameter is used to change the activity status of your task. When it is off, the bot does not monitor the blockchain and will not trigger anything. When it is on, the bot will execute the task when the situation matches your parameters. To enable or disable the activity status, simply click on the Activate or Disable button .

This parameter lets you define the share concerned by the order. To provide a specific user, just press the Set Target button , and enter its Twitter handle. To reset this parameter to its default mode (any user), just leave the field empty when modifying it. Please note that this parameter is mandatory to activate the task.

This parameter is used to define how many shares you want the bot to buy or sell per executed order. The bot will always try to trade the exact number of shares indicated. To change this setting, click on the Set Amount button . By default, the bot will buy/sell a single share per transaction.

This parameter defines the prices below and above which the bot must buy or sell the target share(s). These prices define a price range which, if crossed, will trigger the order. To change this setting, click on the Set Key Price button . To reset one of the two parameters to its default value, simply leave the field blank when making the change.

For faster execution, Aura lets you modify your gas preset. By using this setting, you will pay a higher gas price in proportion to the ratio you specify. For example, if you want to boost your gas by 20%, enter 20. To change this ratio, click on the Set Gas Preset button . To reset this parameters to its default value (classic gas setting), simply leave the field blank when you modify the option.

This parameter allows you to enable or disable simulation. When this option is enabled, the bot will simulate the transaction before launching it to ensure that it goes through correctly, otherwise it will not. Enabling this setting can potentially save you gas fees but will slow down your order execution a little. To enable or disable the simulation, simply click on the Set Simulation button .

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order creation