Range Strategy

Sonar’s Range Strategies provide users with an advanced approach to automate both buying and selling actions within predefined market conditions. These strategies allow traders to set a price range based on market cap thresholds, ensuring trades are executed only when market conditions fall within these specific parameters.

There are two types of range strategies available:

• Volume Range Strategy: This strategy triggers buy and sell orders based on incoming market volume while operating within a defined market cap range.

• DCA Range Strategy: This strategy automates gradual buying and selling of assets by distributing trades across a set number of orders. Buys are triggered when the market cap falls below a specified minimum, and sells occur when the market cap exceeds a defined maximum.