Simplified Signal Program
Documentation for utilizing the simplified Verified Trading Bot trade router notifications on the Compendium application.
Last updated
Documentation for utilizing the simplified Verified Trading Bot trade router notifications on the Compendium application.
Last updated
The "Simplified Signal Program" is part of Compendium's no-code/low-code initiative to expand greater functionality to strategies and implementations dependent on a non-traditional or simplified notification system. It is essentially an extension of the first version of our trading notification systems to work on top of our current, more complex systems.
Our new advanced systems provide ultimate control over each strategy trade notification, however, some authors find it simpler to have the trading notification routers built into Compendium to handle the brunt of the calculations and complete a workflow or task.
You will still need an API key which is found on your trading bot strategy admin panel
You will still need to understand simple JSON structures but unlike the orderchain initiative documented in Sending Trading Signals, there are no built-in arrays.
You must request the specific webhook URL for the simplified program router you wish to utilize for your strategy. All verified trading bot routers are by request only to verified bot authors in order to protect the integrity and speed of our priority workflow programs.
The Simplified Signal Program is also available for Signal Provider Groups as a hosted webhook URL and downloadable n8n instance for ultimate customization options. Don't hesitate to contact your representative to request a customized router program for any specific needs concerning the verified trading bot system.
The following documentation lists all available Simplified Signal Program trading routers and how to potentially interact with these programs.
This trading bot router employs a straightforward three-command system without stop losses or take profits.
"openlong" will open a long position on all subscriber accounts for the selected market with a single market trade at maximum set default leverage.
"openshort" will open a short position on all subscriber accounts for the selected market with a single market trade at maximum set default leverage.
"closeall" can be used to close an open long or short position and should be used before entering an opposing position.
This trading bot router was built for dedicated purposes regarding currently listed trading bots but can be utilized by a similar trading bot or Signal Provider strategies if needed. This router adds ten different take-profit orders for long and short positions with 10% increments in either direction. The router also adds a stop loss of 26% to each order to prevent black swan events.
"openlong" : Closes all open trades and cancels standing orders. It will then open a long position on all subscriber accounts for the selected market with a single market trade at maximum set default leverage. Ten levels of take-profit orders are added at 10% increments. A stop-loss order set at 26% is also added to the original trade execution price.
"openshort" : Closes all open trades and cancels standing orders. It will then open a short position on all subscriber accounts for the selected market with a single market trade at maximum set default leverage. Ten levels of take-profit orders are added at 10% increments. A stop-loss order set at 26% is also added to the original trade execution price.
"closeall" : Closes all open trades and cancels all standing orders.
