Algorithms – Slicer

Slicer Strategy

A Slicer is a dynamic AI-based algorithmic crypto strategy and can be described as a short-term TWAP strategy. The
strategy will spread the executions of the order up to 15 min from the start (default value 1 min). Slicer aims to trade
at market VWAP or better in a given time window. The Slicer is given the discretion to capture crypto momentum, volume
surprises, and optimal order placement levels. It is a strategy that works well when you have decided on a level where
you are happy to add or sell without being static in the market.
Slicer focuses highly on order handling and the importance of having the highest possible fill rate of passive
executions. This will lower the commission and increase spread capture.

How to place a Volven Slicer strategy

  1. From the Ticker view:
    1. Select Slicer
    2. Click “Buy” or “Sell”
  2. Inside the Strategy Panel, fill in your desired
    1. Size
    2. Duration
    3. Happy Level
      Optional

      1. Happy Level defines the price where the strategy is “happy” to fill its’ remaining size more
        aggressively while still maintaining a high rate of passive executions.
    4. Price Limit Optional
      1. Price Limit defines the maximum price you would like to buy at or the minimum price you would
        like to sell at. This is very useful in crypto trading, where volatility is high.

Let’s explain a BUY example with the following parameters:
Symbol: BTC/USDT and last price is currently 20 000 USDT
Size: 1
Slicer Duration: 6 Minutes
Happy Level: 19 900 USDT
Price Limit: 20 100 USDT
Since Happy Level is set to 19 900 USDT, the Slicer will buy more aggressively at or below this happy level.
Since Prime Limit is 20 100 USDT, the Slicer will not buy above this Price Limit.
During its duration, the Slicer will automatically detect attractive and unattractive zones for buying and adjust its
size and time intervals accordingly to generate the best possible execution.

Follower Strategy Parameters
Size REQUIRED Total Size the strategy shall buy or sell
Duration REQUIRED The time period of the strategy. The strategy will monitor the market during this time period and find
the most attractive buying or selling zones.
Happy Level Optional Defines the price where the strategy is happy to fill its’ remaining size more aggressively while
still maintaining a high rate of passive executions.
Price Limit Optional If you are buying, Price Limit defines the maximum price you are willing to buy at.
If you are selling, Price Limit defines the minimum price you are willing to sell at.