diff --git a/rebalance/README.md b/rebalance/README.md
index 4bad110..32e7777 100644
--- a/rebalance/README.md
+++ b/rebalance/README.md
@@ -1,32 +1,52 @@
 # Rebalance plugin
 
-This plugin helps to move some msatoshis between your channels using circular payments.
+This plugin moves liquidity between your channels using circular payments.
 
-The plugin can be started with `lightningd` by adding the following `--plugin` option
-(adjusting the path to wherever the plugins are actually stored):
+The plugin can be started with `lightningd` by adding the following `--plugin`
+option. As with any `lightningd` plugin, the file has to be executable. As
+with any lightning python plugin, `pylightning` must be installed or in your
+`PYTHONPATH` environment variable.
 
 ```
 lightningd --plugin=/path/to/plugins/rebalance.py
 ```
 
 Once the plugin is active you can rebalance your channels liquidity by running:
-`lightning-cli rebalance outgoing_channel_id incoming_channel_id msatoshi [maxfeepercent] [retry_for] [exemptfee]`
 
-The `outgoing_channel_id` is the short_channel_id of the sending channel, `incoming_channel_id` is the id of the
-receiving channel. The `maxfeepercent` limits the money paid in fees and defaults to 0.5. The maxfeepercent' is a
-percentage of the amount that is to be paid. The `exemptfee` option can be used for tiny payments which would be
-dominated by the fee leveraged by forwarding nodes. Setting exemptfee allows the maxfeepercent check to be skipped
-on fees that are smaller than exemptfee (default: 5000 millisatoshi).
+```
+lightning-cli rebalance outgoing_scid incoming_scid [msatoshi] [maxfeepercent] [retry_for] [exemptfee]
+```
 
-The command will keep finding routes and retrying the payment until it succeeds, or the given `retry_for` seconds
-pass. retry_for defaults to 60 seconds and can only be an integer.
 
-### Tips and Tricks ###
-- The ideal amount is not too big, but not too small: it is difficult to find a route for a big payment, however
-some node refuses to forward too small amounts (i.e. less than a thousand msatoshi).
-- After some failed attempts, may worth checking the `lightningd` logs for further information.
-- Channels have a `channel_reserve_satoshis` value, which is usually 1% of the channel's total balance. Initially,
-this reserve may not be met, as only one side has funds; but the protocol ensures that there is always progress
-toward meeting this reserve, and once met, [it is
-maintained.](https://github.com/lightningnetwork/lightning-rfc/blob/master/02-peer-protocol.md#rationale)
-Therefore you cannot rebalance a channel to be completely empty or full.
+## Parameters
+
+ - The `outgoing_scid` is the short_channel_id of the sending channel,
+ - The `incoming_scid` is the short_channel_id of the receiving channel.
+ - OPTIONAL: The `msatoshi` parameter sets the amount in milli-satoshis to be
+   transferred. If the parameter is left out, the plugin will calucate an amount
+   that will balance the channels 50%/50%. The parameter can also be given in
+   other denominations by appending i.e. '10000sat' or '0.01btc'.
+ - OPTIONAL: `maxfeepercent` is a perecentage limit of the money to be paid in
+   fees and defaults to 0.5.
+ - OPTIONAL: `retry_for` defines the number of seconds the plugin will retry to
+   find a suitable route. Default: 60 seconds.
+ - OPTIONAL: The `exemptfee` option can be used for tiny payments which would be
+   dominated by the fee leveraged by forwarding nodes. Setting `exemptfee`
+   allows the `maxfeepercent` check to be skipped on fees that are smaller than
+   exemptfee (default: 5000 millisatoshi).
+
+
+## Tips and Tricks
+
+- To find the correct channel IDs, you can use the `summary` plugin which can
+  be found [here](https://github.com/lightningd/plugins/tree/master/summary).
+- The ideal amount is not too big, but not too small: it is difficult to find a
+  route for a big payment, however some node refuses to forward too small
+  amounts (i.e. less than a thousand msatoshi).
+- After some failed attempts, may worth checking the `lightningd` logs for
+  further information.
+- Channels have a `channel_reserve_satoshis` value, which is usually 1% of the
+  channel's total balance. Initially, this reserve may not be met, as only one
+  side has funds; but the protocol ensures that there is always progress toward
+  meeting this reserve, and once met, [it is maintained.](https://github.com/lightningnetwork/lightning-rfc/blob/master/02-peer-protocol.md#rationale)
+  Therefore you cannot rebalance a channel to be completely empty or full.