The MoonBot terminal allows you to use alerts (signal drawing figures: horizontal lines, trend lines, triangles, etc.).
Advantages of alerts in the MoonBot terminal:
a) They do not take up a deposit when placed, but when linked to the Alerts strategy, a real order is placed for this strategy only after the alert price is crossed. This is convenient because you can scatter alerts across the market, avoid touching your deposit prematurely, avoid hitting the exchange’s API limit, and build up your position gradually by placing alerts in the red order book on the decline and then working with the Alerts strategy only after the rebound.
b) allow you to implement certain algorithms without unnecessary strategies, pads, and triggers.
c) react to both the intersection of the average price line (AlertByTrades=NO) and trades (AlertByTrades=YES), i.e. in the second option, they are more sensitive to intersections and can be used to catch deep piercings.
d) do not take up the quota for the number of orders in the terminal (1000 orders maximum, including: pending, real and emulator orders). That is, for example, they can be manually distributed across 2600 coins on the Gate Spot exchange without affecting the order limit.
Disadvantages of alerts: they cannot be set via manual or auto-strategies, i.e. alerts can only be set manually on the chart.