> ## Documentation Index
> Fetch the complete documentation index at: https://docs.polywin.bot/llms.txt
> Use this file to discover all available pages before exploring further.

# Reversal Snipe

> Ladder limit orders into underdog reversals.

Reversal Snipe places a ladder of limit orders at progressively better prices. When the market reverses against the favorite, your ladder fills automatically — and you ride the bounce.

<Frame caption="Reversal Snipe hub — empty state with backtest entry points">
  <img src="https://mintcdn.com/polywin/_sMY107hkYxZBIrd/images/reversal-snipe-hub-empty.png?fit=max&auto=format&n=_sMY107hkYxZBIrd&q=85&s=f9715a00cb103ee9137aac219642949a" alt="Reversal Snipe hub empty" width="1290" height="2796" data-path="images/reversal-snipe-hub-empty.png" />
</Frame>

<Frame caption="New Reversal Strategy form — ladder budget, price range, and levels replace the single trade size">
  <img src="https://mintcdn.com/polywin/_sMY107hkYxZBIrd/images/reversal-snipe-form.png?fit=max&auto=format&n=_sMY107hkYxZBIrd&q=85&s=fdf4b85bc7c4b6139c27b37243ef29a0" alt="Reversal Snipe form" width="1290" height="2796" data-path="images/reversal-snipe-form.png" />
</Frame>

## How it works

1. The market opens with a clear favorite (e.g. YES at 80¢)
2. PolyWin places a ladder of NO buy orders at lower prices (`Min`–`Max` range, evenly spaced across `Levels` rungs)
3. If price drops, your orders fill in sequence — better fills the deeper it goes
4. Unfilled rungs are auto-cancelled near resolution (default: cancel 5s before)

## When to use it

* You want exposure to underdog wins without paying retail prices
* You believe markets over-react in short windows
* You want defined-risk entries you can walk away from

## What you configure

<AccordionGroup>
  <Accordion title="Asset, timeframe, direction">
    Same options as Final Snipe: BTC/ETH/SOL/XRP/BNB/DOGE/HYPE × 5m/15m/1h/4h × Up / Down / Both.
  </Accordion>

  <Accordion title="Ladder price range (Min / Max)">
    The bottom (`Min`) and top (`Max`) prices for your ladder, in dollars (e.g. `0.03` = 3¢ to `0.15` = 15¢). Orders sit evenly across this band.
  </Accordion>

  <Accordion title="Ladder levels">
    How many rungs to place between min and max price (1 to 50). Default 10. More rungs = finer fills but smaller per-rung size.
  </Accordion>

  <Accordion title="Ladder budget">
    Total USD allocated across the ladder. PolyWin distributes it evenly across the rungs.
  </Accordion>

  <Accordion title="Cancel mode">
    Default `Cancel 5s` before resolution — unfilled rungs are pulled so you don't get filled on stale prices in the final seconds. Switch to `🔒 Hold` to leave the ladder live until resolution.
  </Accordion>

  <Accordion title="Price movement (PD)">
    Reversal flips the comparison: `≤$X` means **only ladder when price hasn't moved too far from strike** (the reversal premise). Default `≤$2`.
  </Accordion>
</AccordionGroup>

<Note>
  Auto-named like `Reversal Snipe BTC 15m 60s $10` so it's easy to find later. Rename anytime.
</Note>