# Auto Buy

{% hint style="warning" %}
Enabling `Auto Buy` will automatically initiate a buy transaction when you send a token address or pump.fun link to Nova.
{% endhint %}

## Video Tutorial 👇 <a href="#video-tutorial" id="video-tutorial"></a>

{% embed url="<https://youtu.be/cdEWe7NIwaoyoutu.be>" %}

***

* To enable Auto Buy head over to the settings tab on the main menu & select `Auto Buy.`
* You will then see a menu like this:

  <figure><img src="https://docs.tradeonnova.io/~gitbook/image?url=https%3A%2F%2F4236464353-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252Fl8u9aRxJqF2OG1CZlufP%252Fuploads%252FY50wY9KQ6ovd0Dabsog5%252Fimage.png%3Falt%3Dmedia%26token%3Dc6125e5d-e556-4712-8053-47e386e084ed&#x26;width=768&#x26;dpr=4&#x26;quality=100&#x26;sign=93577d4d&#x26;sv=2" alt=""><figcaption></figcaption></figure>
* Click `Add Rule`

  <figure><img src="https://docs.tradeonnova.io/~gitbook/image?url=https%3A%2F%2F4236464353-files.gitbook.io%2F%7E%2Ffiles%2Fv0%2Fb%2Fgitbook-x-prod.appspot.com%2Fo%2Fspaces%252Fl8u9aRxJqF2OG1CZlufP%252Fuploads%252FlHj0Nk47sLTifoGG1OiA%252Fimage.png%3Falt%3Dmedia%26token%3Db3620d74-8f9d-49b4-acc5-6273d081ca9b&#x26;width=768&#x26;dpr=4&#x26;quality=100&#x26;sign=53d6fbe4&#x26;sv=2" alt=""><figcaption></figcaption></figure>
* You will then be asked to enter the minimum market cap value. Be sure to enter the market cap in the correct format. E.g. 5k = 5000 Market Cap
* You will then be asked to enter the Maximum market cap value. Be sure to enter the market cap in the correct format. E.g. 5k = 5000 Market Cap
* Set your preset buy amount, which will be used for each transaction when Auto Buy is enabled.
* Optional: Set a TP & SL. See [TP & SL](https://docs.tradeonnova.io/configuration/tp-and-sl) for more information.

***

## More Information 🟩- <a href="#more-information" id="more-information"></a>

| Button          | What does it do?                                                                                          | Response from Bot                                                                                                                                                                                                                                                             |
| --------------- | --------------------------------------------------------------------------------------------------------- | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| 🔴🟢 Active     | <p>🔴: Disabled</p><p>🟢: Enabled</p>                                                                     | 🟢 / 🔴                                                                                                                                                                                                                                                                       |
| 🆕 Add Rule     | Set up rules for Auto Buy to ensure transactions are only executed when the specified conditions are met. | `Please enter the minimum market cap value. You can enter values like 5k, 100k, 1m etc. - Example: 5k.` `Please enter the maximum market cap value. You can enter values like 5k, 100k, 1m etc. - Example: 5k.` `Please enter the buy amount value. (in SOL) - Example: 0.01` |
| 💸 TP & SL      | [TP & SL](https://docs.tradeonnova.io/configuration/tp-and-sl)                                            | [TP & SL](https://docs.tradeonnova.io/configuration/tp-and-sl)                                                                                                                                                                                                                |
| 🗑️ Delete Rule | This will delete one of the rules you have entered into the bot.                                          |                                                                                                                                                                                                                                                                               |

***

<details>

<summary>What does Minimum Market Cap Value mean?</summary>

* When configured, Nova will ensure that the token's Minimum Market Cap meets or exceeds the set amount before initiating a buy.
* If the Market Cap is below the set parameter, the standard buy screen will be displayed.
* A buy will be initiated if the Market Cap exceeds the set parameter.

</details>

<details>

<summary>What does Maximum Market Cap Value mean?</summary>

* When configured, Nova will ensure that the token's Maximum Market Cap meets or below the set amount before initiating a buy.
* If the Market Cap is above the set parameter, the standard buy screen will be displayed.
* A buy will be initiated if the Market Cap is below the set parameter.

</details>


---

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```
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```

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