Automated trading

LONG algorithm

The LONG algorithm operates by first buying cryptocurrency based on set conditions and settings, then selling it later at a higher price to generate profit.

SHORT algorithm

The SHORT algorithm functions by initially selling cryptocurrency according to its conditions and settings, then repurchasing it at a lower price, thus making a profit from the price difference.

Using a safety order grid

The strategy involves the bot dividing a certain deposit into smaller portions rather than using the full amount at once. It places a pre-calculated grid of safety orders on the exchange. This approach allows the bot to average the entry price effectively and profit from market price fluctuations by buying or selling at optimal moments.

Automatic trading pair switching

When a trading pair experiences high volatility, the bot can execute numerous profitable trades. However, during periods of low volatility, when the price remains almost unchanged, the bot may be forced to stay idle. To prevent this inactivity, an automatic trading pair switching mechanism has been implemented. This system uses a volatility analyzer developed by us, which monitors current price changes across all trading pairs. The analyzer identifies the most profitable trading pair at any given moment and automatically assigns it to the bot, maximizing trading opportunities and significantly increasing the number of profitable trades.

Using Tradingview Signals

Many traders use TradingView as a source of signals for making trades due to its user-friendly interface and accurate data. We have integrated this functionality, allowing signals from TradingView to be used as conditions for initiating the bot’s operations. This feature enhances the decision-making process by automatically triggering trades based on reliable external signals.

Filters for bot start

Popular trading indicators such as RSI, CCI, Bollinger Bands can be used as filters to start the bot. By setting specific values for these indicators, traders can control when the bot begins trading, ensuring that it operates at the most favorable times according to the selected algorithm and personal trading preferences. Proper customization of these start filters helps optimize the bot’s performance, aligning trades with market conditions.

Automatic algorithm flipping

To manage trading risks, we have implemented an automatic algorithm flipping mechanism. If the market moves in an unfavorable direction, a secondary bot with an opposite strategy is activated. This approach allows the bot’s algorithm to adapt to current price trends, automatically switching to a more suitable trading strategy as the market conditions change.

Trailing stop mechanism

The trailing stop is designed to maximize profit by dynamically following price movements. Instead of placing a fixed take profit order immediately after opening a position, the bot tracks the price and adjusts to capture the best possible exit point. This mechanism allows traders to secure higher returns by waiting for a more favorable price, rather than locking in gains too early.

Templates of trade modes

To simplify the initial understanding of how bots operate, we have developed several trading mode templates. These templates help users avoid complex bot settings, making it easier for those unfamiliar with automated trading to get started.

You can choose from the following modes:

  • Normal Trading Mode This mode is suitable for most situations, especially when market volatility is moderate. It doesn’t require extensive monitoring, making it convenient for users who prefer a balanced approach to trading.
  • Low-Risk Trading Mode Ideal for those seeking stable, smaller profits with minimal risk. This mode requires little oversight ("set it and forget it"), using only a small portion of the deposit. Profits are modest, but the risk is kept to a minimum, making it suitable for cautious traders.
  • Aggressive Trading Mode This mode is designed for active trading when you have the time to closely monitor the bot's performance. It offers the potential for higher profits, but it also comes with increased risks, making it best suited for experienced traders who can actively manage their trades.

Notifications

Setting up notifications ensures that you stay informed about every important action your bot takes. You can receive notifications directly in your personal account, keeping you up-to-date with all bot activities.

Bot control

Managing your bot is straightforward with the Telegram bot, which features a simple interface for easy customization and control of your automated trading bot. Key management options include:

  • Enable/disable: Easily switch the bot on or off as needed.
  • Choosing an exchange: Select the exchange where you want your bot to operate.
  • Choosing trading pairs: Pick the trading pairs that fit your strategy.
  • Selection of trading pattern (normal/low risk/aggressive): Choose between normal, low-risk, or aggressive trading modes based on your risk tolerance and market conditions.
  • Setting limits for trades: Define trade limits to control your exposure and manage risk.
  • Enable/disable automation: Control advanced features such as switching between short and long strategies, toggling trade patterns, using an order grid, and setting start/stop timers or specific trading time ranges.

How to create a bot for crypto arbitrage?

To create a crypto arbitrage bot, first register on the website and log into your personal account. Go to the “Bots” section and set up a new bot with the options and functions that suit your trading needs.