Key Terms
This glossary provides definitions of the key terms used throughout the platform, as well as general trading terminology.
API Key
A secure code issued by an exchange that allows Origami Tech to access an account and execute trades without exposing login credentials. Required for account integration.
Maker
Executes orders that add liquidity to the market (limit orders). Post-Only mode ensures a bot only acts as a maker.
Taker
Executes orders that remove liquidity (market orders or matched limit orders).
Spot Market
A market where assets are traded for immediate settlement at the current price.
Futures Market
A market for trading contracts that specify asset delivery at a future date. Requires setting a position mode.
Order
An instruction to buy or sell an asset according to the bot’s trading logic. Order history can be reviewed in the terminal.
Balance
The total funds in a connected account, including spot and futures holdings. Displayed in the terminal for monitoring.
Margin
Funds allocated to open leveraged positions in the futures market. Margin type is selected when configuring a bot.
Cross Margin Mode
A margin configuration where the account’s total balance supports all open positions. Reduces liquidation risk by pooling funds across positions.
Isolated Margin Mode
A margin configuration where each position has a separate allocation. Losses are confined to the margin assigned to that position.
Stop Loss
Closes a position automatically when the asset price reaches a predefined level.
Take Profit
Closes a position automatically when a target profit is reached.
Position Mode
Determines how futures positions are managed. Selection is required when adding a futures account.
Preset
A predefined strategy template that can be applied to a bot for rapid deployment. Can be customized after launch.
Strategy
The set of rules and logic a bot follows to execute trades. It can be built manually or adapted from a preset.
Function
A calculation or operation that a bot can execute as part of a strategy.
Variable
A defined parameter used within a bot’s logic to store and reference a value.
Error Log
A record of errors generated during bot operation. Accessible in the terminal or the Bots section for troubleshooting and correction.
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