Are manual trades executed instantly?

No, manual trades in MagicTradeBot are not executed instantly by default. They are designed to be conditional, giving you full control over when trades occur based on your predefined rules.

1️⃣ How Manual Trades Are Processed

When a manual trade is added:

  1. Price Monitoring: The bot continuously monitors the market price of the specified symbol.

  2. Rule Validation: All configured trading rules, thresholds, and conditions are checked before execution.

  3. Conditional Execution: The trade is only executed when all conditions are satisfied, ensuring it occurs under your desired market scenario.

2️⃣ Exception – Immediate Execution

  • If you set:

    ExecuteThresholdPerfect: 0

    This tells the bot to skip price movement validation. In this case:

    • The trade executes immediately once all other signal rules (if any) are validated.
    • This is useful for urgent or time-sensitive entries without waiting for a price retracement.

3️⃣ Benefits of Conditional Execution

  • Prevents accidental or premature trades.
  • Allows strategic entries based on dips, pullbacks, or market trends.
  • Keeps your manual trades aligned with your overall risk management rules.

Pro Tip

Think of manual trades as “smart orders”: they are executed when the market meets your criteria, not just when you click a button. Setting ExecuteThresholdPerfect: 0 is the only way to make them act like instant market orders.

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