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Disclaimer: Sagemaster, a software platform provides market insights on user-selected strategies. It does not offer financial advice or guarantee results. Trading involves risk, and users should consult financial professionals.
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Price Tolerance and Expiry Time for Price Tolerance are advanced DCA (Dollar-Cost Averaging) features that help manage when a trade is allowed to execute based on market price behavior.
They are designed to protect your entry conditions in fast or uncertain markets. These options work before the trade opens — not after.
Price Tolerance is the maximum distance (in %) the market price can move away from your target entry price while still allowing the trade to open.
If the market price goes beyond this range, the trade will not open.
To make sure your entry happens as close as possible the market price can move away from the target entry price, defined in the signal, while still allowing the trade to open.
To your original idea >> the original idea, and not after the market has already moved too far.
The trade will only start if the market price is within this narrow range.
Expiry Time sets how long the system will wait for the market to return within that range.
To prevent trades from sitting in a "waiting" state forever if the market never returns to your desired range.