Accumulator Options
Amplify potential profits with up to 5% compounding growth per tick with Accumulator Options.
Choose a growth rate (1-5%) within a specified price range and predict if the market price will stay within the range. Your Payout grows at a compounding rate for each tick, and the market price stays in the range.
Trading Flow
- Authorize using your token: Call authorize API using your token. Ensure that the token has the trading scope enabled.
- Fetch Available Instruments: Use the active_symbols API to retrieve a list of all trading instruments offered on Deriv.
- Get Contract Details: Using the contracts_for API, obtain a list of contracts available for a specific instrument.
- Request a Price: Use the proposal API to get a quote. This will return an ID for the proposed trade.
For the accumulator options,- Use the
contract_type
:"ACCU"
- Growth Rate: You can choose a growth rate with values of 1%(0.01), 2%(0.02), 3%(0.03), 4%(0.04), and 5%(0.05). Eg: Set
growth_rate: 0.03
- Take Profit: If you select this feature, your trade will be closed automatically when the value of the contract reaches a specific profit.
Eg: Setlimit_order
as:"limit_order : { take_profit: 150 }
- Use the
- Buy the Contract: Execute the trade by using the buy API with the ID from the proposal response. This action returns a unique
contract_id
. - Monitor the Contract Status: Check the contract’s progress or outcome using the proposal_open_contract API with the
contract_id
. - Close the Contract Early (if Needed): If you want to exit before the contract’s expiration, use the sell API with the
contract_id
.
Updated about 2 months ago