Configure a ladder
1
Open Auto orders
Choose Settings → Trade panel settings → Auto orders.
2
Choose the buy mode
Open Market buys for immediate buys or Limit & DCA for a filled limit buy, DCA rung, or breakout buy. A green indicator on the other tab means it also has an armed rule.
3
Choose the side
Open Auto take profit, Auto stop loss, Auto trailing stop, or Auto Dev Sell. Each is configured separately for the selected buy mode. See Dev Sell for how the fourth rule works.
4
Set a level
For Auto TP or SL, choose a trigger percentage and Sell % for each level. Take-profit gains allow 1–100,000%; stop-loss losses allow 1–99%; sell size allows 1–100%.
5
Choose sell sizing
Check Sell size → % of entry or % of remaining. Read the examples below before adding several levels.
6
Add levels where available
Use Add level or Delete. Review the total allocation and estimated return summary. Enable the intended side.
7
Verify after your next buy
Open
/orders after an eligible fill to confirm the expected exits were created. A Price ladder DCA arms its exit template once on the first rung, using that rung’s fill price as the reference.
Auto orders for Market buys, including Auto Dev Sell.
Limit & DCA fills have their own Auto orders settings.
Auto TP level and Market / Dynamic sell style.
Auto trailing stop trigger, sell size, and enabled state.
Accounts with multi-level controls can configure up to 20 TP levels and 20 SL levels. If Add level is absent, use the single level available in your account.
Choose how a take-profit sells
In Auto take profit → Sell style, choose Market or Dynamic. In thin liquidity, Dynamic can avoid a whole-level dump that pushes the price down: Cove sells smaller amounts when needed at its target price or better and waits with the remainder until the price allows. It sizes each trade from live quotes; there is no pieces or retry-interval setting. Market attempts to sell the entire level at once at the available market quote. Dynamic can be useful when a whole-position sale would move a thin market. It may take several fills and can remain pending if the target price cannot be met. The style belongs to take-profit levels, not stop-loss levels. Manual take-profit steps also offer Market and Dynamic in the Limit builder; see Take-profit and stop-loss.Set an automatic trailing stop
In the selected buy-mode tab, open Auto trailing stop. Set a Trail % and Sell %, then enable it. Its reference starts at the buy fill, follows the highest price reached afterward, and attempts a sale after the selected drop from that peak. It always sells a percentage of what you still hold at that moment. A fixed Auto SL and Auto trailing stop may both be armed. Whichever fires first sells; the other is superseded. Check the active orders after a fill.Understand sell size
The default basis is % of remaining.
Entry-based allocations cannot exceed 100%. The product may show 100% of entry allocated when you need to reduce a level before adding another. This sell-size basis also affects manual multi-step limit sells.
The Total sell and Est. return on sold tokens summary assumes fills at targets, nearest first, before fees/slippage, and excludes unsold tokens. It is not a forecast.
Buying more and existing orders
A later buy can re-anchor Auto TP/SL targets to the updated average entry. Cove avoids stacking another set when active sell orders already exist for the token. Some accounts offer live-position sizing for entry-based allocations. Review the actual order sizes after additional buys or manual sells; do not assume existing quantities rebalance automatically unless that behavior is confirmed for your account. USDC, native-token, and automatic bridge operations do not create these exits.Disable or change the rules
Turn Auto TP, Auto SL, or Auto trailing stop off in each applicable buy-mode tab to stop future creation for that side. Edit levels for future setup, then separately inspect active orders in/orders. Do not assume changing the rule cancels protection already placed.