Short entry price: where the bot places its sell order

Updated: 06.10.2026

The short entry price (the "How we enter" block in the wizard) decides at what price the Snapback bot places its limit sell order, which is the order that opens the short. The order sits above the current price and waits for the coin to bounce up to it.

What it means in plain words

The bot does not sell "at any price". It puts an order higher up and waits. If the price gets there, the short opens at a higher price, which is better for a short. If it does not, the order is removed when the timeout runs out (see entry timeout).

Why it exists

A pump usually does not end in the very minute the bot notices it. A higher entry gives more room to the stop and brings the take-profits closer, but the price may never reach it. The setting picks the balance between a better price and more trades that actually fill.

How it works in the code

There are two modes:

• "peak" (in the wizard, "At the chart level"): the order sits at the pump peak. The bot takes the larger of the pump peak and the signal price, rounded up to the exchange's price step.
• "offset": signal price x (1 + offset / 100), also rounded up to the price step. The offset can only be 1.5, 2.5 or 4.0 percent.

The signal price is the close of the one-minute candle on which the signal appeared.

Illustration of the mechanism only, not advice: the signal price is 100 and the offset is 2.5%. The sell order sits at 102.5. The stop and take-profits are then calculated from that entry price, not from the signal price. So with a 4% offset, your stop and take-profit levels shift up by the same 4%.

Allowed values and defaults

In the code: mode "peak" or "offset"; offset 1.5, 2.5 or 4.0; the default is mode "offset" with offset 1.5. The wizard shows four cards:

• "At the chart level": the best entry price, but the order fills less often;
• "+1.5% from the signal price": enters most often, the most trades;
• "+2.5% from the signal price": a compromise, fewer orders but a better entry price;
• "+4% from the signal price": strong bounces only; the smallest drawdown.

What happens if it is higher or lower

• Higher entry (bigger offset or the peak level): a better price but fewer trades, because the price has to bounce higher. The order also expires by timeout more often.
• Lower entry (smaller offset): more trades, but the short opens closer to where the coin might still be rising.

How often the order fills depends on the distance and on the waiting time together, so it is worth judging them as a pair. You can test the effect in a backtest, but history does not promise the same result in future.

How it connects to other settings

• Entry timeout: how long the order lives.
• Maker-only order: whether the order may fill against the market.
• Stop-loss: calculated from the entry price.

Common mistakes

• Thinking the offset is measured from the current price at the moment the order is placed. It is measured from the signal price.
• Forgetting that an order that did not fill at all does not open a trade, while a partial fill takes into work only what was collected.
• Mixing up the entry offset with the stop-loss or take-profit: they are separate settings.

Where to find it in the bot wizard

The "New bot" or "Edit" form, the "How we enter" block, captioned "order price and how long we wait for it". The first row holds the four mode cards. Below it is the "Wait for the fill, seconds" field.

Frequently asked questions

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