4.1. Before starting the setup, it's important to note several key points:
- Our automated trading works exclusively with real tokens (spot trading). We do not use futures, margin trading, or leverage. This is a fundamental principle of our risk management concept.
- Complete protection from liquidation. Even with significant market decline, your positions will not be forcibly closed by the exchange since we don't trade with leverage.
- The worst that can happen is that you buy the selected cryptocurrency at a price lower than the current price at the time of your decision to purchase tokens and start the bot. Specifically lower than the current price. As a result, you will most likely be able to sell it at a profit in the future. This is implemented through the ability to configure position averaging strategy parameters.
- Under normal market conditions, our concept aims to bring target income averaging from 3 to 10% per month in USDT.
- Security of your funds is our priority:
- Your funds always remain in your personal exchange account. We do not accept transfers and do not have access to withdraw your money.
- For operation, we use API keys with limited rights. When creating them, you disable withdrawal permission (no "Assets" checkbox). This means the keys can only manage orders within your account but cannot withdraw dollars or cryptocurrencies from it.
- Thus, you get all the benefits of automated trading while maintaining full and exclusive control over your assets.
4.2. Go to the "Dashboard" page and click the "Settings" button.
4.3. The settings page has opened before you, where you can create your unique trading strategy.
4.4. Copy the previously saved "API Key" and "API Secret" and paste them into the appropriate fields.
4.5. In the "Trading pair" field, enter the cryptocurrency ticker and currency pair in "USDT" format. For example, for Ethereum enter "ETH/USDT". Note: Trading Bitcoin requires a "Club" level subscription or higher, providing trading turnover from 100 USDT. This requirement is due to the high minimum Bitcoin purchase amount set by the exchange. A wide selection of other assets is available for trading with Basic subscription.
4.6. In the "Take profit" field: Specify the percentage value. Once the token price rises by the specified percentage relative to the purchase price, the bot will automatically sell all available tokens, locking in profit minus the exchange commission of about 0.2%.
Example: Let's say you bought coins at 100 USDT each. Then you decided it would be good to sell them if the price increases by at least one percent. For this, you enter the number 1 in the "Take profit" field.
Suppose the coin price rises to 101 USDT (that is, 100 + 1 percent). Your trading robot notices this increase and instantly sells all your coins.
It should be noted that the exchange takes its commission from each operation. Therefore, you actually receive slightly less money than you could get without commission.
Summary: if you specified 1 percent as take profit per trade, the bot will definitely sell the coins exactly when they have appreciated by 1 percent. And it doesn't matter which currency it is - Ethereum or any other.
With average cryptocurrency market volatility and pace - at least two successful trades per day or over fifty trades per month - calculating your potential monthly income will not be difficult.
4.7. In the "Percentage drop for first buy" field: Specify the percentage showing how much the token price should drop to execute the first purchase.
Explanation: The bot makes the first purchase only if the token price decreases by the percentage you specified from the current price. This allows acquiring assets at better prices and increasing profit.
Example: Imagine that one coin currently costs 100 USDT. But you understand it's better to buy when the price becomes slightly lower, say 99.5 USDT. Set the desired price drop percentage, say 0.5%. This means the robot will start buying coins only when the price drops half a percent below the current price.
Important: Avoid setting excessively high percentage values as this can significantly increase waiting time for suitable buying opportunities (the price might never reach the specified drop threshold).
It is recommended to set a moderate value (around 0.3 to 1%).
4.8. In the "Percentage drop for averaging" field: Enter the percentage determining the threshold value of token price drop for subsequent additional buying (default is 10%). The robot will automatically make a new purchase if the price drops by the percentage you specified relative to the purchase price.
Operating principle: If you set a value of 10% in this field, the bot will make the next purchase only when the cryptocurrency price drops by 10% from the purchase price.
Example: Last purchase price: 100 USDT. Next purchase will occur when price drops by 10% to 90 USDT.
Why is this needed? Let's say you bought an asset at 100 USDT, after which its price started to decline. In this situation, the averaging mechanism will allow the bot to automatically make an additional purchase at a lower price - 90 USDT.
Result: The second purchase at a reduced price decreases the average cost of your assets. Now the average price is not 100, but 95 USDT. Now to reach profitability, the price only needs to rise to 95.95 USDT (95 USDT + 1 percent take profit), not to 101 USDT. This approach allows faster recovery of positions during price rebounds.
4.9. In the "Restart percentage" field: This is a protective mechanism that interrupts the current token price drop waiting cycle and starts a new trading cycle if the price suddenly increases by the specified percentage from the initial reference point.
Scenario example:
- Entered parameters: Restart percentage: 1%, Percentage drop for first buy: 0.5%.
- Current token price: 100 USDT.
- Bot waits for drop to 99.5 USDT.
- Instead of dropping, price increases by 1% to 101 USDT.
- "Restart percentage" triggers: bot stops waiting and starts a new cycle, setting a new starting price at 101 USDT, and again waits for a 0.5% drop.
Parameter purpose: Protection from missed opportunities and adaptation to market growth.
4.10. In the "First buy amount" field: Specify the amount in USDT that the robot will spend on the first purchase in the trading cycle.
Example: enter amount 12 USDT.
When the right moment comes, the bot will buy cryptocurrency for exactly this amount.
Minimum amount - 11 USDT. Maximum amount - no more than 60% of your subscription limit.
Reinvestment: Each time the bot sells tokens and makes a profit, the next purchase will be made with an amount increased by the profit size. This is how the profit reinvestment mechanism works.
4.11. In the "Position share for averaging" field: Specify what percentage of the current value of your tokens (in USDT) the robot will use for purchase each time the token price drops by the percentage you previously set in the "Percentage drop for averaging" field.
Example: with a value of 25%, the robot will buy additional tokens worth 25% of your current position (in USDT). This will happen each time the price drops to your specified percentage.
Calculation example: you already have tokens worth 100 USDT. The bot makes a purchase worth 25% of 100, that is, 25 USDT.
Summary: choosing the right percentage value will increase capital management efficiency.
4.12. All changes made take effect and apply in the trading strategy only after saving settings and subsequent bot start or restart.
4.13. To save current parameters, click the "Save settings" button.