Based on the actual price of the pair, Mizar will open orders respecting the following schema:
- DCA: If all the entry prices are below the current price, then the smart trade will be set in a DCA mode. That means that the orders will be executed from the highest price to the lowest price. In this example, let's assume that the price of BTC/USDT is 25,350. Mizar will first execute the entry set at 25,322.49 BTC/USDT price, then the one at 24,116.7, and so on.
- Follow the trend: if all the entry prices are above the current price, then the smart trade will be set in a Follow the trend mode. That means that the orders will be executed from the lowest price to the highest price. In this example, let's assume that the price of BTC/USDT is 22,800. Mizar will first execute the entry set at 22,968.24 BTC/USDT price, then the one at 24,116.7, and so on.
- Mixed: if some of the entry prices are set above the current price, and some below, then the smart trade will be set in a Mixed mode. In this case, the orders will be executed from the lowest price to the highest price. In this example, let's assume that the price of BTC/USDT is 24,500. Mizar will first execute the entry set at 22,968.24 BTC/USDT price, then the one at 24,116.7, and so on.