How to Place Line Orders on BYDFi (APP)
A Line Order on BYDFi lets traders draw a horizontal line directly on the chart. When the market price touches that level, the system automatically triggers the order. This feature is highly effective for automating trading strategies, improving entry and exit timing, and integrating technical analysis directly into execution.
In addition, BYDFi allows traders to manage Take Profit (TP) and Stop Loss (SL) directly on the chart. This makes it easy to control risk, lock in profits, and adjust trades visually without manually entering values in the order panel.
In this guide, we’ll show you how to place Line Orders and set TP/SL using the BYDFi App step by step.
📱How to Place Line Orders on BYDFi App
1. Open the Perpetual Contracts Chart
- Log in to your BYDFi App.
- Tap Futures on the homepage.
- On the top-right corner, click the K-line (candlestick) icon to enter the chart page.
2. Draw a Line Order
- Press and hold on the chart until the + symbol appears
- Click on the + symbol to set up order
3. Confirm Your Order
- Choose an order type (Limit Order or Market Order).
- Set the quantity or amount according to your trading plan.
📱 How to Use Chart-Based TP/SL on BYDFi App
1. Open Position Information
- On the candlestick chart, tap the position information box displayed on screen.
2. Set Up Profit/Loss Line
- Click on the TP/SL button.
3. Confirm Settings
- A pop-up window will appear at the bottom of the screen.
- Enter or confirm your Take Profit and Stop Loss values.
- Tap Confirm to save.
