How does the AutoSchedule strategy work?

AutoSchedule

The AutoSchedule strategy allows you to automatically buy or sell one of our supported cryptocurrencies on a regular schedule set by you. This strategy will buy or sell using funds already in your account. Read below for more information.

The AutoBuy strategy is part of the AutoTrader framework. For more information on the AutoTrader system, see the AutoTrader help page.

Creating a new AutoSchedule Strategy

To create an AutoSchedule Strategy:

1. On your desktop web browser, log in and navigate to the Trade screen.
2. Click on AutoTrader.
3. Click on Create new strategy and then Create your first strategy.
4. Click on AutoSchedule.
5. Select whether you would like Buy or Sell.
6. Select the Cryptocurrency you would like to Buy or Sell.
7. Select the Starting Date and Time from when you would like the Strategy to start.
8. Select the Frequency with which the Strategy should run (Daily, Weekly, Fortnightly, Last day of the month, or Monthly)
9. Select the Value/Amount you would like to automatically Buy or Sell. OR select the Percentage Value.
10. Click Create

Interface

SideChoose whether this strategy will buy or sell crypto on a schedule.CryptocurrencyChoose which cryptocurrency you wish to buy or sell when the strategy executes.To choose the fiat currency this strategy will trigger from set the fiat currency selector at the top left of the page.ScheduleThere are 5 different schedule types you can choose from:Daily; Weekly; Fortnightly (every 2 weeks); Monthly; Last day of the monthYou may choose the exact starting day and time for your schedule. To specify the time of the buy or sell you can either click the clock icon at the bottom of the date picker or type the time directly into the Starting on field. The earliest you can start a new strategy is 10 minutes after the current time. If you choose Last day of month then you must pick the last day of any month as your starting date.

Value / Account Balance Percentage

Choose Value if you wish to use a fixed amount of fiat/crypto to buy/sell each time this strategy is executed.

Choose Account Balance Percentage to use a percentage of your total account each time the strategy executes. For example, if you had $100 in your account, and you set up a daily AutoSchedule strategy to buy BTC at 50% Account Balance Percentage, day 1 would buy $50 worth of BTC leaving you with $50 in your account. Day 2 would buy $25 of BTC, leaving you with $25. Day 3 would buy you $12.50 worth of BTC, leaving you with $12.50 in your account, etc. The strategy will always evaluate your balance at the time of execution to determine how much to buy or sell.