If Condition

Overview

The If Condition step creates a decision point in your strategy with two distinct execution paths based on market conditions. This powerful component enables adaptive strategies that respond differently depending on price movements and market behavior.

Core Concept

The If Condition step acts as a "fork in the road" with two possible directions:

• Path A: Executed when one condition is met (e.g., price goes above target)

• Path B: Executed when a different condition is met (e.g., price goes below target)

Only one path will be followed, determined by which condition occurs first.

Condition Configuration

Each path has its own independent condition settings:

Condition Types

• Bin Price: Uses the bin thresholds established in previous position creation steps.

• Price: Defines a specific price target.

Direction Options

• Above: Triggers when price moves higher than the target.

• Below: Triggers when price moves lower than the target.

Threshold Selection (for Bin Price)

• Upper Threshold: Uses the upper bound of your position range.

• Lower Threshold: Uses the lower bound of your position range.

Price Target (for Price Conditions)

• Enter a specific price that will trigger the path.

Wait Confirmation Periods

Both paths can include optional wait periods to filter out temporary price movements:

• Enable/Disable: Toggle wait functionality for each path.

• Duration: Set how long (in seconds) a condition must remain true.

• Real-time Format: Duration displayed in a readable format (e.g., "2 minutes 30 seconds").

When wait periods are enabled:

1. The condition must be triggered initially.

2. The condition must remain true for the entire wait duration.

3. Only then will the path be executed.

Path Building

After configuring the If Condition, you can add specific steps to each path:

• Each path can contain multiple steps that execute sequentially.

• Available steps include: Create Position, Close Position, Swap Tokens, and Wait Time.

• Steps within each path only execute if that path's condition is met first.

Use Cases

The If Condition step enables sophisticated strategies like:

Market Direction Strategies

• Path A: If price rises, create a short position expecting reversal.

• Path B: If price falls, create a long position expecting recovery.

Range-Based Positioning

• Path A: If price breaks above range, close position and swap to stablecoins, then create a new position, etc

• Path B: If price breaks below range, close position and accumulate more tokens.

Trend Confirmation

• Use wait periods to confirm real trends vs. temporary movements.

• Longer wait periods filter out market noise.

• Shorter wait periods respond faster but may trigger on volatility.

Risk Management

• Create stop-loss and take-profit branches simultaneously.

• Balance opportunity cost with protection from adverse movements.

How Wait Periods Enhance Strategies

Wait periods add stability to your strategies by:

• Preventing overreaction to market volatility

• Filtering out false breakouts and wicks

• Reducing unnecessary position changes and fees

• Confirming sustained price movements

• Protecting against manipulation events