Trading Bot Guide
Learn how to create, configure, and manage automated trading bots effectively
Comprehensive Guides
Strategy Playbooks
Risk Best Practices
What are Trading Bots?
Trading bots are automated programs that execute trades on your behalf based on predefined strategies. They can monitor markets 24/7 and react to price changes faster than humans.
Creating Your First Bot
Navigate to 'Create Bot' and follow the wizard to set up your first trading bot. Choose a strategy type, configure the parameters, and allocate funds to start trading.
Paper vs Live Trading
Start with paper trading to test your strategies without risking real funds. Once confident, switch to live trading with actual capital.
DCA (Dollar Cost Averaging)
Automatically buy at regular intervals to average your entry price over time. Great for long-term accumulation and reducing timing risk.
Grid Trading
Place buy and sell orders at preset price intervals. Profits from price oscillations within a range. Works best in sideways markets.
Indicator Based
Trade based on technical indicators like RSI, MACD, or Bollinger Bands. The bot executes trades when indicator conditions are met.
Trailing Stop
Follow price movements with a trailing stop loss. Protects profits while allowing gains to run during strong trends.
Custom Strategy
Build your own strategy using the visual strategy builder. Combine conditions and actions to create unique trading rules.
Position Sizing
Set maximum position size as a percentage of your allocated funds. Never risk more than you can afford to lose on a single trade.
Stop Loss
Define a stop loss percentage to automatically exit positions when losses reach a certain level. Protects against large drawdowns.
Take Profit
Set take profit levels to automatically lock in gains when your target is reached. Helps secure profits in volatile markets.
Daily Loss Limit
Configure a daily loss limit to pause the bot if losses exceed a threshold. Prevents emotional trading during losing streaks.
Max Drawdown
Set maximum drawdown to stop the bot if your portfolio value drops too much from its peak. Critical for capital preservation.
Start Small
Begin with small amounts to test your strategies. Scale up gradually as you gain confidence and see consistent results.
Diversify
Don't put all your funds in one bot or strategy. Spread risk across multiple bots with different strategies and markets.
Monitor Regularly
Check your bots regularly even though they're automated. Market conditions change and strategies may need adjustment.
Use Paper Trading First
Always test new strategies with paper trading before committing real funds. Validate performance over different market conditions.
Keep Records
Track your bot performance over time. Analyze what works and what doesn't to continuously improve your strategies.
Browsing Strategies
The marketplace offers strategies created by other traders. Browse by category, rating, and performance to find strategies that match your goals.
Purchasing Strategies
Purchase strategies with your wallet balance. Once purchased, you can use the strategy to create unlimited bots.
Selling Your Strategies
Create and submit your own strategies to the marketplace. Earn revenue when other traders purchase your strategies.
Reviews and Ratings
Read reviews from other users before purchasing. Share your experience by leaving reviews for strategies you've used.
Ready to automate your trading?
Now that you know how bots work, put a strategy to work for you — start in paper mode and go live when you're confident.
Create your first bot