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Ladder

Spread a buy or sell over several market cap levels instead of one.

The Ladder task form: the market-cap range, the number of orders and their spacing. No task is created.

A ladder is a row of limit orders at evenly spread levels. A sell ladder sells a part at each level as the market cap rises. A buy ladder buys a part at each level as it falls. You take profit, or build a position, step by step instead of all at once.

Set it up#

  1. Open the token's terminal and click New task on the Tasks panel.
  2. Under Task type, pick Ladder. It is in the Automate group.
  3. Choose Buy or sell. The default is Sell.
  4. Enter From (market cap) and To (market cap) in USD.
  5. Set Number of orders: how many levels from the first to the last, both included. Default 4, at least 2.
  6. For market cap levels, pick the Spacing: Even dollars or Same % step.
  7. Choose the Amount type and the Amount per order.
  8. Pick Wallets to use, then tick the wallets in the list.
  9. Click Create task, or tick Start immediately and click Create & start.
The Ladder form: the market cap range, the number of orders and the amounts

The form and the card work the same for every task: see How tasks run. The card's Orders section lists every level, its state and the live market cap.

How the levels work#

  • A sell ladder sells when the market cap rises above each level. A buy ladder buys when it falls below each one.
  • Each level trades once.
  • Even dollars puts the same dollar gap between levels. From $100,000 to $400,000 with 4 orders gives $100k, $200k, $300k and $400k.
  • Same % step puts the same percentage gap between levels. From $100,000 to $800,000 with 4 orders gives $100k, $200k, $400k and $800k.
  • The task ends when every level has traded, or when Run for (Advanced) runs out.

Settings that matter#

  • Amount type — for a buy: SOL per wallet or % of wallet balance. For a sell: % of tokens held or % of supply.
  • Amount per order — the amount for each wallet at each level.
  • Wallets to use — the default, Take turns, uses one wallet per level, the next one each time. Every wallet makes all the ticked wallets trade at every level.
  • Slippage (Advanced) — how far a fill may move from the quote. Default 5 %.
Selling a share at each level

With % of tokens held, each level sells that share of what the wallet holds at that moment. It is not a share of what it held at the start. So one wallet selling 25 % at each of 4 levels still keeps about a third of its tokens at the end.

Levels already passed fire at once

Each level checks where the market cap is now. If you start a sell ladder from $100,000 while the market cap is $250,000, the $100k and $200k levels sell right away. A buy ladder does the same with levels above the market cap. See Real funds & confirms.

Real trades

Each level is a real trade. It pays network fees and the platform fee, may fill a little past its level (within your Slippage), and cannot be undone.

All settings#

Every option on the Ladder form

ladder
  • Buy or sellchoicedefault Sell
    BuySell
  • From (market cap)numberrequired
    The first order level. Sell when market cap rises above each level, or buy when it falls below.
  • To (market cap)numberrequired
    The last order level. Must be higher than the starting market cap.
  • Number of ordersnumberdefault 4
    How many limit orders between From and To, both included.
  • Spacingchoicedefault Even dollars
    Even dollarsSame % step
  • Amount typechoicedefault SOL per wallet
    Use this amount type for every order.
    SOL per wallet% of wallet balance
  • Amount per ordernumberrequired
    Amount per wallet for each order, using the amount type above.
  • Wallets to usechoicedefault Take turns
    Choose which selected wallets trade each time.
    Take turnsRandom walletBiggest holderSmallest holderRichest walletEvery wallet
  • Start delaynumberdefault 0 ms
    Wait this long before the first trade.
  • Run fornumberoptional
    End this long after the start delay; empty = until done.
  • Max supply per walletnumberdefault 0 %0–100 %
    Hard ceiling: a wallet already holding this % of supply is skipped instead of buying more. 0 = off.
  • Slippagenumberdefault 5 %0.01–50 %

See also#