diff --git a/docs/configuration.md b/docs/configuration.md index bfa29529d..e4d29825e 100644 --- a/docs/configuration.md +++ b/docs/configuration.md @@ -398,11 +398,13 @@ The valid values are: Prices for regular orders can be controlled via the parameter structures `bid_strategy` for Buying, and `ask_strategy` for selling. Prices are always retrieved right before an order is placed, either by querying the `fetch_ticker()` endpoint of the exchange (usually `/ticker`), or by using the orderbook. -### Buy price with Orderbook enabled +### Buy price + +#### Buy price with Orderbook enabled When buying with the orderbook enabled (`bid_strategy.use_order_book=True`) - Freqtrade will fetch the `bid_strategy.order_book_top` entries in the orderbook, and will then use the entry specified as `bid_strategy.order_book_top` on the `bids` side of the orderbook. 1 specifies the topmost entry in the Orderbook - while 2 would use the 2nd entry in the Orderbook. -### Buy price without Orderbook +#### Buy price without Orderbook When not using orderbook (`bid_strategy.use_order_book=False`), then Freqtrade will use the best `ask` price based on a call to `fetch_ticker()` if it's below the `last` traded price. Otherwise, it'll use the following formula to calculate the rate: @@ -413,7 +415,9 @@ ticker['ask'] + ask_last_balance * (ticker['last'] - ticker['ask']) This means - it uses the difference between last and ask (which must be negative, since ask was checked to be higher than last) and multiplies this with `bid_strategy.ask_last_balance` - lowering the price by `balance * (difference between last and ask). -### Sell price with Orderbook enabled +### Sell price + +#### Sell price with Orderbook enabled When selling with the Orderbook enabled (`ask_strategy.use_order_book=True`) - Freqtrade will fetch the `ask_strategy.order_book_max` entries in the orderbook. Freqtrade will then validate each of the orderbook steps between `ask_strategy.order_book_min` and `ask_strategy.order_book_max` on the `ask` side for a profitable sell-possibility and will place a sell order at the first profitable spot. @@ -424,7 +428,7 @@ A fixed slot (mirroring `bid_strategy.order_book_top`) can be defined by setting Using `ask_strategy.order_book_max` higher than 1 may increase the risk, since an eventual [stoploss on exchange](#understand-order_types) will be need to be cancelled as soon as the order is placed. -### Sell price without orderbook +#### Sell price without orderbook When not using orderbook (`ask_strategy.use_order_book=False`), then the best `bid` will be used as sell rate based on a call to `fetch_ticker()`.