# Table of Contents * [Action Statements](#action-statements) * [SELL](#sell-statement) * [BUY](#buy-statement) * [Functions](#functions) * [PURCHASING_POWER](#purchasing_power) * [CURRENT_PRICE](#current_price) # Action Statements ## SELL Statement ``` [SELL] [Units] OF [Product] FOR [Amount] FROM [Exchange] WITH LIMIT OF [Units] AND [Other Action Statements] FOR EVERY [Units] OF [Product] [SOLD] FROM [Exchange]/ANYWHERE AND/OR [Units] OF [Product] [BOUGHT] FROM [Exchange]/ANYWHERE AS 'ACTION_NAME' ``` ### Examples #### Simple Sell ``` SELL 1 SHARES OF QQQ FROM "MyBrokerAccount" ``` #### Sell Trigger ``` SELL 1 SHARES OF QQQ FOR 10 USD FROM "MyBrokerAccount" WITH LIMIT OF 100 SHARES FOR EVERY 2 SHARES OF QQQ_TOKEN SOLD FROM "CoinBase" AS 'My Hedge Trigger' ``` ## BUY Statement ``` [BUY] [Units] OF [Product] FOR [Amount] FROM [Exchange] WITH LIMIT OF [Units] AND [Other Action Statements] FOR EVERY [Units] OF [Product] [SOLD] FROM [Exchange]/ANYWHERE AND/OR [Units] OF [Product] [BOUGHT] FROM [Exchange]/ANYWHERE ``` ### Examples ``` BUY 1 SHARES OF BTC_ETF FOR 10 USD FROM "MyBrokerAccount" WITH LIMIT OF PURCHASING_POWER( "MyBrokerAccount", "QQQ" ) FOR EVERY 1 BTC OF USD_BTC SOLD FROM "CoinBase" ``` # functions ## PURCHASING_POWER `PURCHASING_POWER( Exchange, Product )` Returns the maximum [Units] of [Product] can purchase from [Exchange] ## CURRENT_PRICE `CURRENT_PRICE( Exchange, Product )` Returns the current price of a product from exchange # Examples ## Creating a spread * Max position: $1000 * Spread: $10 * QQQ etf price(Qetf): $100 | Bid | Ask | |-----------------|----------------| | 10shares@$95 | 10shares@$105 | | ($1000 of Qetf) | ($800 of Qetf) | If a trader hit ur ASK by bidding 2 shares of QQQ token | Bid | Ask | |-----------------|----------------| | 10shares@$95 | 8shares@$105 | | ($1000 of Qetf) | ($800 of Qetf) | If another trader hit ur ASK with a 20 shares of bid, then only 8 shares of his order can be filled. * No need to handle his remaining 12 shares , its not ur responsibility, its his "broker/app/program" to deal with unfilled order. | Bid | Ask | |-----------------|----------------| | 10shares@$95 | | | ($1000 of Qetf) | | ### SELL Order ``` SELL 10 SHARES OF "QQQ_TOKEN" FOR CURRENT_PRICE( "CryptoExchange", "QQQ_TOKEN" ) + 5 USD WITH LIMIT OF 1000 USD FROM "CryptoExchange" ``` ### BUY Order ``` BUY 10 SHARES OF "QQQ_TOKEN" FOR CURRENT_PRICE( "CryptoExchange", "QQQ_TOKEN" ) - 5 USD WITH LIMIT OF 1000 USD FROM "CryptoExchange" ``` ## Hedging ### BUY Trigger for the above examples ``` BUY 1 SHARES OF "QQQ" FOR CURRENT_PRICE( "StockExchange", "QQQ" ) FROM "StockExchange" FOR EVERY 1 SHARES OF "QQQ_TOKEN" SOLD FROM "CryptoExchange" ``` ### SELL Trigger for the above examples ``` ??? ```