The Add Funds feature lets you manually increase trade volume and adjust the average entry price at any time. This can be a powerful tool when used strategically, but be cautious, as improper use may lead to greater losses.
🔹 When Should You Use Add Funds?
✅ Averaging Down: If the price moves against your trade, you can add funds to bring the Take Profit target closer to the current price.
✅ Increasing Trade Volume: If the price starts moving favorably, adding funds allows you to scale up your position and potentially close with a higher profit.
✅ Manual Position Management: Instead of relying solely on automation, you gain more control over position size and risk management.
📌 Important Warning
While adding funds can be useful, blindly adding without a clear strategy or market analysis can worsen losses instead of mitigating them. Use it carefully!
📌 How to Add Funds to a SmartTrade
You can add funds to both:
Created Trades: If the initial order has not yet been executed.
Opened Trades: If the initial order has already executed, additional funds will act like a DCA bot's Safety Orders.
1️⃣ Access the Add Funds Feature
Click the three-dot menu on your active SmartTrade and select "Add Funds".
2️⃣ Configure the Add Funds Order
You'll see a settings window with the following options:
1️⃣ Amount to Add – Enter the amount of QUOTE currency (e.g., USDT) you want to add. You can:
Type in a custom amount.
Move the slider to adjust.
Use a percentage of available funds.
2️⃣ Available Balance – Shows the funds available for adding to the trade.
3️⃣ Order Type – Choose:
Market Order (Executes immediately at the current price).
Limit Order (Executes only when the price reaches a set level).
4️⃣ Price Setting – (Only for Limit Orders) Set the price level where the Add Funds order should execute.
5️⃣ Total Quote Currency – Displays how much QUOTE currency (e.g., USDT) will be spent.
6️⃣ Total Base Currency – Shows how much BASE currency (e.g., BTC, ETH) will be purchased.
3️⃣ Confirm and Save
Click "Save" to activate the Add Funds order.
🔄 Managing Active Add Funds Orders
📌 To view active Add Funds orders:
Expand the trade details by clicking the down arrow next to the trade.
🔹 Executed Add Funds Orders
These orders immediately adjust the entry price and cannot be canceled or edited.
🔹 Pending Add Funds Orders (Limit Orders)
These do not affect the entry price until executed.
You can edit or cancel them before they are filled.
🛠 Editing a Pending Add Funds Order
1️⃣ Click "Edit" on a pending order.
2️⃣ Modify any settings (amount, price, etc.).
3️⃣ Click "Save" to apply changes.
🔍 Key Takeaways
✅ Add Funds helps adjust position size and entry price dynamically.
✅ Use it strategically—blindly adding funds to a losing trade may increase risk.
✅ Executed orders can’t be canceled, but pending orders can be adjusted.