Moon Bot identifies an entry point and initiates a purchase. As the market value decreases, based on your averaging configuration, such as 1% per step, Moon Bot makes a purchase at a price 1% lower than the initial purchase price. It continues to buy at intervals of 1% below the price of the previous step as the price continues to drop.

Each purchase step is treated individually. As the market improves, each purchase step is sold based on its respective purchase price. Moon Bot continues this process until all steps are sold, then it resumes to find another entry point. The default mode is “Partial” Mode, where steps 0-4 are averaged and sold as a single unit. This can be customized in the trade settings.

When the market value increases, the profit you earn varies depending on your account type. For the Basic account, Moon Bot sells the crypto asset when the purchase price rises by 1.3%. For the Advanced account, the threshold is 1.5%. For the Pro account, Moon Bot monitors the price as it surpasses the trigger price (default set at 3% above the initial purchase price). Moon bot then continues to track the highest price reached until a drop occurs (default setting is 1.3% below the peak recorded price), at which point it sells the crypto asset.

Moon Bot allows you to “FORCE BUY” an initial step or “FORCE SELL” all of your coins, but Moon Bot does not sell your coins at a loss. Because of this, money management is important whilst using Moon Bot.