CryptoHero’s Extra Orders feature has allowed traders to improve the average purchase price for their crypto trades. However, sometimes, the price gap between each order can be so close that it greatly diminishes the advantage of Extra Orders.
The solution? Setup the Minimum Price Gap Between Orders. This setting is available in the Advanced Bot. By using this feature, a trader can ensure that the bot will buy down at a substantial price gap when the price of the digital asset drops even if the entry condition is met.
The downside to using this feature is that you may not accumulate enough of the coins if the price gap is set to be too large.
Use your discretion and understand the characteristics of the coin that you are trading. Then decide if you want to implement a minimum price gap between each order.