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Co-authored-by: hroff-1902 <47309513+hroff-1902@users.noreply.github.com>
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Matthias
2020-07-04 09:43:49 +02:00
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docs/bot-basics.md
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# Freqtrade basics
This page will try to teach you some basic concepts on how freqtrade works and operates.
This page provides you some basic concepts on how Freqtrade works and operates.
## Freqtrade terminology
* Trade: Open position
* Trade: Open position.
* Open Order: Order which is currently placed on the exchange, and is not yet complete.
* Pair: Tradable pair, usually in the format of Quote/Base (e.g. XRP/USDT).
* Timeframe: Candle length to use (e.g. `"5m"`, `"1h"`, ...).