Whenever you visit a Binance trading page, that pair's details will load into the extension's popup. You're then able to enter advanced orders:
Buy/Sell
Limit/Market
Take Profit and Stop Loss / Trailing
With TP and SL you can set the asset value to execute a market order against after you have achieved enough profit or sustained enough loss. This allows you to 'set and forget multiple order chains for your desired profits. https://www.investopedia.com/terms/t/take-profitorder.asp
Trailing orders allow you to follow most of a trend up or down by only buying or selling after a % trailing difference is sustained. You can then either exit via market order or set a stop limit to be entered when the trailing limit is achieved. https://www.investopedia.com/terms/t/trailingstop.asp
As an added bonus it graphs maker/taker trades that are actually executed against an order book. This can be handy to have a sense of real buying and selling pressure, where order books are manipulated with 'fake' orders by bots often :)
THIS EXTENSION IS IN BETA. Please send any inquiries here: [email protected].
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