Volume Strategy

The Volume Strategy automates your buys and sells by executing trades based on incoming market volume. This structured yet flexible method ensures that your trades align with your financial objectives and current market conditions. You’ll set specific parameters for both buying and selling actions, including the percentage of incoming volume to act on and the market cap conditions under which trades occur.

Steps to Set Up a Volume Strategy

Create New Strategy

Select Token - Sell

Import or Select Token - Buy

1. Create New Strategy

Navigate to the ‘Strategy’ dashboard, and click the "New Strategy" button on the top right corner of the page. This will take you to the strategy creation screen, where you can begin customizing your trading parameters.

2. Select Order Type

Once you initiate a new strategy, select whether you want to execute a Buy or Sell order. After choosing your order type, proceed by selecting the Volume method to automate trades based on real-time market activity and the volume parameters you configure.

3. Select Your Token

Next, choose the token you want to trade:

• For selling, select a token from the list of tokens you hold in your Sonar account.

• For buying, you’ll either choose from the available token list or import a new token to purchase.

Volume Sell

Volume Buy

4. Define Strategy Parameters

In this step, you will configure the key settings for your strategy:

• Amount: Set the amount of tokens for selling or Eth for buying that will be used in the strategy.

• Strategy Percentage: For buying, select a percentage between 10-200% of the incoming sell volume. For selling, set a percentage between 10-35% of the incoming buy volume. This percentage controls the portion of your available assets that will be executed in response to the incoming volume.

• Market Cap Threshold: For buying, set a maximum market cap to ensure purchases are only made when the market cap is below this limit. For selling, set a minimum market cap to ensure sales are only made when the market cap is above this threshold.

5. Activate Your Strategy

Once all parameters are set, click "Set Strategy" to activate your Volume Strategy. Sonar will automate your trades—either buys or sells—based on the intervals and conditions you’ve defined. You can view and manage your active strategies in the Strategy Dashboard, where you’ll be able to track performance, view transaction history, and make adjustments if needed.

By leveraging the Volume Strategy, you can automate both buying and selling actions, ensuring that your trades align with market conditions and your financial goals, while minimizing impact on the market.