Close at market price – Veles Help Center

Close at market price

This option will send a command to the exchange to close the deal immediately, without waiting for the conditions specified in the bot settings to be triggered.

This option will send a command to the exchange to close the deal immediately, without waiting for the conditions specified in the bot settings to be triggered (whether it is a Take Profit or a Stop Loss order).

In the window you can see the status of your deal (this window is not updating in real time, so please close and open it again to see the most actual information).

If the decision to close the deal has been made, click “Confirm”. After you click it:

  1. The deal on the exchange will be closed.
    This means: the position on Futures will be closed by market order, or the coins on the Spot will be sold/redeemed by market order.
  2. The current PNL of the deal will be fixed – that is, your balance on the exchange will either increase or decrease by the specified amount.
  3. All remaining orders of the bot will be deleted.
  4. The bot will switch to the “Awaiting signal” status.

The “Close at market price” function is a simple and effective way to control your deals, even if you are just starting to trade on the cryptocurrency market.

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