ALGO — execution-primitive bot

ALGO is the construction kit: instead of a full strategy it runs one named execution algorithm with explicit buy/sell action parameters. Use it when you need a managed bracket (entry + take-profit + stop-loss as one unit), a one-shot TP/SL pair on an existing position, or TWAP execution of a large order.

Prerequisites: the bot lifecycle and the shared config blocks. Required fields: type, symbol, exchange, deposit.

📌 Shape alert: unlike the grid bots, ALGO’s symbol is a string ("BTCUSDT") and timeFrame is in minutes (shapes table).

The algorithms

`strategy`	What it runs
`algo_takeprofit_stoploss`	One-shot take-profit + stop-loss pair (`sell` + `stop`) around a position
`algo_bracket`	Bracket order: `buy` entry with a `sell` take-profit and a `stop` stop-loss
`algo_twap`	Time-weighted average price execution

Verified config — a bracket on BTC

{
  "type": "ALGO",
  "settings": {
    "type": "ALGO",
    "symbol": "BTCUSDT",
    "name": "BTC Algo Trader",
    "exchange": "binance-spot",
    "timeFrame": 15,
    "deposit": { "value": "500", "asset": "USDT", "strategy": "fixed", "allocate": "auto" },
    "strategy": "algo_bracket",
    "buy":  { "price": 0.5, "qty": 1 },
    "sell": { "price": 1.0, "qty": 1, "priceStrategy": "percent_buy" },
    "sellPostOnly": true
  }
}

ALGO-specific fields

Field	Type	Meaning
`strategy`	string	Algorithm name — see the table above; must match an available platform algorithm
`buy`	object	Buy action: `price` (number — offset or absolute, per algorithm), `qty` (number)
`sell`	object	Sell action: `price`, `qty` (numbers) + `priceStrategy` — how the sell price is derived; spec enum: `percent_buy` (percentage offset from the buy price) · `fixed` (absolute price)
`sellPostOnly`	boolean	All sells go post-only (maker-only): an order that would take liquidity is rejected, keeping you on maker fees

Shared fields apply as usual: timeFrame (minutes), timeout (array), filters, deposit, profitAsset, stop, orders, short, positionSide, marginType, onetime, name.

Pitfalls

buy/sell price and qty are JSON numbers, not strings — these are strategy knobs, not money-movement amounts (the conventions exception). How price is interpreted (offset vs absolute) depends on the chosen algorithm.
priceStrategy on ALGO is a two-value enum: percent_buy | fixed (the shared orders block of other bots additionally mentions dynamic/trailing). Copy a working example rather than guessing.
sellPostOnly can leave you unfilled in a fast market — that is the price of guaranteed maker fees.
symbol is a string and timeFrame is minutes — ALGO is the only trading bot shaped this way: the classic copy-paste trap when porting a FIBO/SQUEEZE config.

_{Verified against API spec v2.0.0 · 2026-07-12}