Trality offers range of additional general settings that you can apply to your overall bot to further customize your strategy. (For Specific Settings, please refer to this article.)
Positions and Order Handling
Maximum open orders per trading pair: For each of the trading pairs with which your bot is able to tradeh, there will never be more open orders than specified here. Thus, even if a specific Buy or Sell signal wants to open a position that requires an immediate order, or if an open position wants to execute orders, it would be blocked once this limit has been reached. Only when open orders have been executed would the bot then be able to execute more orders.
Maximum open positions per trading pair: For each of the trading pairs with which your bot is able to trade, there will never be more open positions than specified here. Thus, even if a specific Buy or Sell signal wants to open a position, it would be blocked once this limit has been reached. Only when open positions have been closed would the bot then be able to execute more orders.
Safeties
Maximum exposure of all open positions: Based on your quoted asset, your overall bot strategy will not be able to trade more than what is specified here. Thus, if your bot strategy wants to open a position with a value that would exceed your maximum exposure, that position would be blocked. Only orders that fit within the remaining available exposure would be executed. If your maximum exposure is reached, positions would first have to be closed. This setting allows you to limit the overall risk that you are willing to take for your quoted asset.
Maximum exposure of an individual open position: Based on your quoted asset, your bot will not be able to open positions that are worth more than what is specified here. Thus, if your bot strategy wants to open a position with a value that would exceed your maximum exposure of an individual open position, that position would be blocked. Only orders that fit within the specified available exposure would be executed. This setting allows you to limit the risk you are willing to take for each position.
You can always find more information in our in-depth Trality Documentation.