Speaking % - can you thoroughly explain here the parameter "Sell All If % With Ref Is".
I'm always following such things in the log as:
2013-12-28 11:02:46| Cannot Reorder Max Ref Price is X Min Ref Price is X % Diff is X % Of Reference is X
2013-12-28 11:03:27| Cannot Reorder Sell Price Calculated is x Reference Price Is x
I understand that it's referring to the unit price we set in the Ping Pong creator, but can you explain it a bit more?
BC
Ok i explain
Ping doesn't have a reference price.
When a Ping is Buy/Sell, there's a TRADE
From TRADE born Pongs! Pongs have Reference Price (Trade Buy/Sell Trade Price)
When a Pong is created the price must be ok with the % Gain you have set.
and the only way is use the reference price
Ex :
You set Gain of 5%
You create a Ping of price 10
If is a Sell, pong will be a Buy with Quantity Gain of 5%
Is is a Buy, pong will be a Sell with Price Gain of 5%
Gain is the same (if quantity i will convert in price when i write the Gain Log)
When i create/recreate a Pong Orders i must use a value to compare My Reference Price With "something".
"something" is usually the Best buy/sell Market price.
The % Difference between My Reference Price and "something" could be a positive number (ex 2%) or a negative number (ex -5%)
When is positive and > % Min Gain users have set, i will create/recreate the pong, else i do nothing.
With the option Sell All If % With Ref Is you can decide to sell if this % is too low (it meaning that market values is far away from a condition to make a PONG Gain, and if you don't sell there's the risk to lost more money because of market devaluation).