Superalgos - Fee Structure

Fee Structure

The fee structure is a parameter fundamental to the calculation of fees, both in testing and live trading sessions.

Content

Exchange fees are a crucial part of trading. A strategy may work like a charm when you leave fees out of the equation but would lead you to bankruptcy in a live trading situation.

Exchanges don't usually report the amount charged in fees on each transaction, thus, the system calculates fees and subtract them from balances. Learn more about the handling of fees.

Important: The accuracy of the internal account-keeping depends on this parameter. Make sure you obtain the correct fee structure from the exchange corresponding to the tier of your account.

Configuring

Fee Structure Configuration

Properties

maker is the setting for the fee the exchange charges when an order adds liquidity to the market, such as with limit orders.

taker is the setting for the fee the exchange charges when an order takes liquidity from the market, such as with market or instant orders.

Note: If the fee structure parameter is left empty or detached both from your session and your trading system, fees are not computed during simulations.

Important: Remember that, for the time being, and until the new execution engine is released, all orders placed by the trading bot are market orders, thus, the taker fee applies in all cases.

Initial Values

These are the Initial Values for Fee Structure configuration:

 {
    "maker": 0.1,
    "taker": 0.1
}

Examples

This is a list of properties featured by the Fee Structure configuration. Expanding a property shows sample values for the property extracted from the current .

Fee Structure Menu

The Fee Structure node has the following items:

The Configure menu item has the following properties:

action: Configure

label: Configure

iconPathOn: configuration

iconPathOff: configuration

actionFunction: uiObject.configEditor.activate

The Delete menu item has the following properties:

action: Delete UI Object

actionProject: Visual-Scripting

askConfirmation: true

confirmationLabel: Confirm to Delete

label: Delete

iconPathOn: delete-entity

iconPathOff: delete-entity

actionFunction: payload.executeAction

Tip: When a menu item is grayed out, it means that Fee Structure already has the required child type that the menu item may add, and only that child is allowed for that case.

Fee Structure Attaching Rules

The following are the that govern the attachment of Fee Structure with other nodes:

Compatible Types:

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