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What does Stop Purchases Above a Certain Rate" do?
What does Stop Purchases Above a Certain Rate" do?

A definition of the stop purchases above a certain rate feature found in Wealthybot

Updated over a week ago

This setting will allow you to stop a trader from purchasing a coin and opening a new position if it goes over a certain price.

For example: If Bitcoin is currently at $12,000 and you do not want the Trader to purchase anymore Bitcoin if it goes over $13,000 you would set your stop purchase rate at $13,000. The Tether symbol is indicated here because Tether is 1/1 with the dollar.

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