This block is a conditional block that is triggered when the price pumps for the percentage you chose. You can either choose :
- Market Evolution Depends on the market price evolution.
So if the price drops for example 30% and then goes for example 10% up (the trigger you set), it would still be triggered.
- Last Order Price Depends on the Last Order Price.
For example if you chose 10% and your strategy had purchased a coin at 0.1BTC, this block will be triggered if the price reaches 0.11BTC.
- Last Block Price Depends on the Last Block Price.
This means that this block will be triggered if the price has gone up to the percentage you chose in comparison to the price at last block that your flow encountered. This mode can be useful for loops and dynamic stop-loss/take-profits…
- Average Buy Order Average buy on last orders.
This block will trigger if the price reach the average of the orders made before.
Example : you bought 4 Ethers at the following prices: 1ETH for $200, 2ETH for $250 and 1ETH for $184, your average purchase price is then $221.
This block will therefore be triggered on an increase of x% over the $221.
Ideal for a controlled profit taking. Additional information on average buy order parameter