the ORCHESTRATOR

The Orchestrator is a never seen before innovation built in house by the BitOrb tech team. 

It’s a first of its kind technology for a cryptocurrency exchange in the world! 

Once the user has built their trading strategies on the Orchestrator, the exchange engine executes these trades once the conditions of the user’s strategies are met and this happens at a fast speed with the monitoring happening on several trigger points every second. 

As a result, users are able to trade in a 24/7 market without interruptions.

ORCHESTRATOR EXAMPLES

  • 1
  • 2
  • 3

Strategy Example 1: IT IS ALL ABOUT THE ENTRY

Bitcoin Spot / Mark Index @ US$ 11,000  

Create a Rule that executes a limit order at a desired entry price and only do so if the market has been oversold within a short period of time. Use the Relative Strength Index in combo with prices! 

Strategy Example 2: TAKING PROFIT

One of your Active Orders (ID IqDYBjdr5) 

Create a Rule that executes a Take Profit (TP) by market closing Short position at a possible best price for that time period, but only do so if the Funding Rate is also in your favour. 

Strategy Example 3: NESTING

Bitcoin Spot / Mark Index @ US$ 11,000 

Create a Rule that executes a Short at higher than US$ 12,000  

OR when the Funding Rate shows the Longs are paying the Shorts and that both the Mark Price and the RSI requirements have been met. 

ORCHESTRATOR FAQ

No other cryptocurrency exchanges in the world offer a trading feature like the Orchestrator. The product is currently under product-pending.

  1. Create your own automatically executable orders triggered using either one or more indicators. Can be linked to other rules as well!
  2. Use indicators to exit by unwinding with triggers.
  3. Available for free and does not require any programming knowledge or expertise.

Orchestrator rule activations do not require margin. Margin is used only when the rules are executed. If there isn’t sufficient margin, then the rule does not execute when triggered.

You will need to add the price movement.

The Orchestrator will use the market.

Say entry is10,000. Trailing stop is 100, stop loss is created when order price reaches 10,000-100 = 9,900. Then if the last traded price goes below 9,900 SL is triggered. If last traded hits 10,100 trailing stop moves to 10,000. Price dips to 10,000 then SL is triggered

We are very proud of the uniqueness that we have brought forward with the Orchestrator. However, there are still many more features that we will add in the near future to further enhance for all users’ experiences. Below are some of the plans that are in the works:

  1. In the coming months, we will add more indicators that traders generally use.
  2. We also want to work with partners and loyal traders to introduce new types of indicators.
  3. Currently, all indicators use MARK price. We may change this to INDEX price in the coming weeks after soft launch.
  4. In the coming months, for MARKET orders created using the Orchestrator, Take Profit and Stop Loss input will be changed to %.

the ORCHESTRATOR

The Orchestrator is a never seen before innovation built in house by the BitOrb tech team. 

It’s a first of its kind technology for a cryptocurrency exchange in the world! 

Once the user has built their trading strategies on the Orchestrator, the exchange engine executes these trades once the conditions of the user’s strategies are met and this happens at a fast speed with the monitoring happening on several trigger points every second. 

As a result, users are able to trade in a 24/7 market without interruptions.

ORCHESTRATOR EXAMPLES

  • 1
  • 2
  • 3

Strategy Example 1: IT IS ALL ABOUT THE ENTRY

Bitcoin Spot / Mark Index @ US$ 11,000  

Create a Rule that executes a limit order at a desired entry price and only do so if the market has been oversold within a short period of time. Use the Relative Strength Index in combo with prices! 

Strategy Example 2: TAKING PROFIT

One of your Active Orders (ID IqDYBjdr5) 

Create a Rule that executes a Take Profit (TP) by market closing Short position at a possible best price for that time period, but only do so if the Funding Rate is also in your favour. 

Strategy Example 3: NESTING

Bitcoin Spot / Mark Index @ US$ 11,000 

Create a Rule that executes a Short at higher than US$ 12,000  

OR when the Funding Rate shows the Longs are paying the Shorts and that both the Mark Price and the RSI requirements have been met. 

ORCHESTRATOR FAQ

No other cryptocurrency exchanges in the world offer a trading feature like the Orchestrator. The product is currently under product-pending.

  1. Create your own automatically executable orders triggered using either one or more indicators. Can be linked to other rules as well!
  2. Use indicators to exit by unwinding with triggers.
  3. Available for free and does not require any programming knowledge or expertise.

Orchestrator rule activations do not require margin. Margin is used only when the rules are executed. If there isn’t sufficient margin, then the rule does not execute when triggered.

You will need to add the price movement.

The Orchestrator will use the market.

Say entry is10,000. Trailing stop is 100, stop loss is created when order price reaches 10,000-100 = 9,900. Then if the last traded price goes below 9,900 SL is triggered. If last traded hits 10,100 trailing stop moves to 10,000. Price dips to 10,000 then SL is triggered

We are very proud of the uniqueness that we have brought forward with the Orchestrator. However, there are still many more features that we will add in the near future to further enhance for all users’ experiences. Below are some of the plans that are in the works:

  1. In the coming months, we will add more indicators that traders generally use.
  2. We also want to work with partners and loyal traders to introduce new types of indicators.
  3. Currently, all indicators use MARK price. We may change this to INDEX price in the coming weeks after soft launch.
  4. In the coming months, for MARKET orders created using the Orchestrator, Take Profit and Stop Loss input will be changed to %.

SIMPLE MODE

The Simple Mode is designed for novice and casual traders, who have limited exposure to trading derivatives. The minimalist structure helps users to navigate the interface without getting lost in the never-ending waves of a crypto derivatives exchange.

3 STEPS TO TRADE IN SIMPLE MODE

  • STEP 1
  • STEP 2
  • STEP 3

Select whether you want to buy/long or sell/short

In step 2, choose your leverage and quantity

In the final step, mitigate your risks by setting your exit price and stop loss price.

SIMPLE MODE FAQ

Simple Mode is designed to make it user friendly for users who have limited experiences in trading.

Professional or advanced traders can use the Simple Mode if they want to create a Market Order quickly.

At the top of the header in the BitOrb exchange, you will find the switcher from Advanced to Simple. 

SIMPLE MODE

The Simple Mode is designed for novice and casual traders, who have limited exposure to trading derivatives. The minimalist structure helps users to navigate the interface without getting lost in the never-ending waves of a crypto derivatives exchange.

3 STEPS TO TRADE IN
SIMPLE MODE

  • STEP 1
  • STEP 2
  • STEP 3

Select whether you want to buy/long or sell/short

In step 2, choose your leverage and quantity

In the final step, mitigate your risks by setting your exit price and stop loss price.

SIMPLE MODE FAQ

Simple Mode is designed to make it user friendly for users who have limited experiences in trading.

Professional or advanced traders can use the Simple Mode if they want to create a Market Order quickly.

At the top of the header in the BitOrb exchange, you will find the switcher from Advanced to Simple. 

ADVANCED MODE

Experienced traders can take advantage of the fully customizable user interface and complete suite of products available. In the Advanced mode, users can access the Orchestrator, an intuitive and automated trading tool that helps users to trade more efficiently in a 24/7 market. 

SNEAK PEEK OF the ADVANCED MODE

  • 1
  • 2
  • 3

You are in control of customizing your interface

You can quickly access the exclusive Orchestrator tool to create and customize automated trading strategies

Click the calculator icon to access the calculator to measure your ideal Profit and Loss, Target Price, and Liquidation Price

ADVANCED MODE FAQ

In Simple Mode, traders are limited to a Market order. The interface is also simplified to help guide new or novice traders on how to complete a trade in just 3 easy steps.

In Advanced Mode, traders will have the ability to customize the interface in different layouts. They will also have access to more features such as the Orchestrator. 

Highly experienced and advanced traders who are familiar with the complexity of creating a trade with multiple indicators.

ADVANCED MODE

Experienced traders can take advantage of the fully customizable user interface and complete suite of products available. In the Advanced mode, users can access the Orchestrator, an intuitive and automated trading tool that helps users to trade more efficiently in a 24/7 market. 

SNEAK PEEK OF the
ADVANCED MODE

  • 1
  • 2
  • 3

You are in control of customizing your interface

You can quickly access the exclusive Orchestrator tool to create and customize automated trading strategies

Click the calculator icon to access the calculator to measure your ideal Profit and Loss, Target Price, and Liquidation Price

ADVANCED MODE FAQ

In Simple Mode, traders are limited to a Market order. The interface is also simplified to help guide new or novice traders on how to complete a trade in just 3 easy steps.

In Advanced Mode, traders will have the ability to customize the interface in different layouts. They will also have access to more features such as the Orchestrator. 

Highly experienced and advanced traders who are familiar with the complexity of creating a trade with multiple indicators.

OPEN LONG & SHORT SIMULTANEOUSLY

Users can simultaneously open long and short contracts on the BitOrb exchange.

Having access to these advanced techniques allows users to hold longer-term position while taking advantages of moves on the smaller time frame.

Traders could potentially scalp additional profit from the minor moves in the market while reducing risk in their longer-term positions for longer and more profitable runs.  

OPEN LONG & SHORT SIMULTANEOUSLY

Users can simultaneously open long and short contracts on the BitOrb exchange.

Having access to these advanced techniques allows users to hold longer-term position while taking advantages of moves on the smaller time frame.

Traders could potentially scalp additional profit from the minor moves in the market while reducing risk in their longer-term positions for longer and more profitable runs.  

JOIN OUR FREE DEMO!

We host live free demos to anyone who needs the best tips on how to use BitOrb.

Complete the form below to join any of the listed available dates!

  • Select the crypto trading level that best describes you
  • We host weekly live free demos. Please select ONE (1) of the following upcoming dates. Once the form has been submitted, you will receive an e-mail with the URL access to the live demo.
  • This field is for validation purposes and should be left unchanged.