Target

## Target Strategy

The Target Strategy is a strategy whereby the TraderPlan automation will progressively buy below a set prise or sell coins above a set price. The user has the power to establish the number of coins desired to be held, the minimum distribution price and the maximum allocation price.

## Target Setup

### **Create Target**

*Description:*Using this command will create a new Target.

C*ommands/Shortcuts:*[pre]addtarget, [pre]at

To create a target you use the following commands:

* !addtarget <Base> <Counter>
* !at <Base> <Counter>

*Example: [pre]at BTC USDT*

*The example shows a user creating a new BTC/USDT target. The new target strategy is created with a default settings and turn off.*

### **Remove Target**

*Description:*This feature allows the user to remove an existing target. The command will remove the target entirely. Once removed, a target pair would have to be added again and reconfigured.

C*ommands/Shortcuts:*[pre]removetarget, [pre]rt

To create a target you use the following commands:

* !removetarget <Base> <Counter>
* !rt <Base> <Counter>

*Example: [pre]rp ETH USDT*

*The example shows a user completely removing their ETH/USDT target. If the user wanted to add it back, they would need to recreate it using [pre]addtarget.*

### **Copy/Clone Target**

*Description:*This feature allows for the user to import previous target settings into a new market/pair. The command creates a new target that has the exact settings of another target that the user chooses.

*Commands/Shortcuts:*[pre]clonetarget, [pre]ct

To copy a target you use the following commands:

* !clonetarget <BaseOriginal> <CounterOriginal> <BaseClone> <CounterClone>
* !ct <BaseOriginal> <CounterOriginal> <BaseClone> <CounterClone>

*Example: [pre]ct ETH USDT DASH USDT*

*The example shows a user creating a new DASH/USDT target. The new target will use the settings from their pre-existing original ETH/USDT target.*

### **View Target**

*Description:*Using this command will display all target Pairs that you have added to your Target Editor.

*Command/Shortcut:*[pre]target report, [pre]tr

To view your target/s you use the following commands:

* !targetreport
* !tr

*The above entry will open a list of all saved target*

### **Edit Target**

*Description:*This feature allows the user to customize their target settings. This allows the user to take complete control of their target strategies on the fly.

*Commands/Shortcuts: [pre]target,* [pre]et, [pre]settarget, [pre]st, [pre]te, [pre]at (adds target, but brings up editor after adding).

To edit your target you use the following commands:

* !edittarget
* !et
* !settarget
* !st
* !te
* !ts

*Example: [pre]et ETH USDT*

*The example shows a user opening up the editor for their ETH/USDT target.*

Target Command Terms: (see next section for more details)

## **Target Settings**

### 1 - Base Allocation

This option sets the base asset allocation you want for the target pair.

*Example: 1 2*

*For a BTC market, the above entry will set 2 BTC as the current amount of base coins TraderPlan will trade with from your exchange wallet.*

### 2 - Target

This option sets the target amount of coins TraderPlan will achieve.

*Example: 2 0.5*

*For a BTC market, the above entry will set 0.5 as target amount of BTC which TraderPlan will buy up to or sell down to.*

### 3 - Trade Amount (1pos)

This option sets the position size Traderplan will trade with.

*Example: 3 0.02*

*For a BTC market, the above entry will set 0.02 as trade amount and TraderPlan will trade this amount each time it buys or sells.*

### 4 - Time between Buys/Sells

This option sets the time delay between buys and sells.

*Example: 4 t5m*

*The above entry will set the time delay between buys and sells at 5 minutes.*

### 5 - Active

This option makes the strategy active or inactive (Represented as True/False). Normally best to set this after editing all settings

*Example: 5 true*

*The above entry will set target strategy to active.*

### 6 - Maximum Buy price

This option sets the maximum target buy price.

*Example: 6 8000*

*For a USDT/BTC market, the above entry sets the maximum buy price of BTC at 8000 USDT*

### 7 - Trail Stop Mode (Allocation)

*This option toggles trailing buys on and off.*

*Example: 7 on*

*The above entry sets the trailing buy mode on*

### 8 - Trail Stop % (Allocation) Edit

If Trail Stop Mode is toggled on, this will allow TraderPlan to follow momentum of the market beyond the specified maximum buy price.

*Example: 8 0.1*

*The above entry will initiate a 0.1% market price trail, which will continue to follow the market price down. TraderPlan will initiate a buy after a 0.1% increase in market price.*

### 9 - Buying Order Mode

This toggles the buy mode to LIMIT/MARKET (applies to exchanges that have these options).

*Example: 9 LIMIT*

*The above entry sets the buying order mode to limit.*

### 10 - Maker Taker Mode (Allocation)

This toggles the buy order type to MAKER/TAKER (MAKER will create a new highest buy order, TAKER will fill the current lowest sell order)

*Example: 10 MAKER*

*The above entry sets Allocation Maker/Taker mode to Maker.*

### 11 Minimum Sell Price

This option sets the minimum target sell price.

*Example: 11 10000*

*For a USDT/BTC market, the above entry sets the maximum sell price of BTC at 10000 USDT*

### 12 - Trail Stop Mode (Distribution)

*This option toggles trailing sells on and off.*

*Example: 12 on*

*The above entry sets the trailing sell mode on*

### 13 - Trail Stop % (Distribution)

If Trail Stop Mode is toggled on, this will allow TraderPlan to follow momentum of the market beyond the specified minimum sell price.

*Example: 13 0.1*

*The above entry will initiate a 0.1% market price trail, which will continue to follow the market price up. TraderPlan will initiate a sell after a 0.1% decrease in market price.*

### 14 - Selling Order Mode

This toggles the sell mode to LIMIT/MARKET (applies to exchanges that have these options).

*Example: 14 LIMIT*

*The above entry sets the selling order mode to limit.*

### 15 - Maker Taker Mode (Distribution)

This toggles the sell order type to MAKER/TAKER (MAKER will create a new lowest sell order, TAKER will fill the current highest buy order)

*Example: 15 MAKER*

*The above entry sets the distribution Maker/Taker mode to Maker.*