▫️Dashboard Functionality
Cryptocurrency Selection: You can choose which cryptocurrency to trade with, such as Bitcoin (BTC), Ethereum (ETH), and others.
Current Market Overview: It displays the current market price of the selected cryptocurrency, Bitcoin in this case, along with the performance over a selected time frame (1D, 1M, 3M, etc.).
Minimum Investment | Price Range (USDT): This input allows you to specify the minimum amount of funds (in USDT) that you are willing to invest in following a trade from the master trader. It sets the lower limit for investment in a single copy trade.
Maximum Investment | Price Range (USDT): Here, you can define the maximum amount of funds you are willing to commit to a single copy trade. This helps in risk management by preventing overexposure to a single trade.
Invest Every: This dropdown allows you to set a frequency for how often you want to invest. In this case, '2 Days' indicates that the bot will place trades on your behalf every two days, following the strategy of the trader you've chosen to copy.
Profit Target 1-500%: This setting enables you to define a profit goal for your trades. The range suggests you can set a target anywhere from 1% to 500% return on each trade initiated by the bot. '100%' would mean doubling your investment.
Options for action once the profit target is reached:
Notify and continue with DCA: If this option is selected, the bot will notify you once the profit target is reached and continue to invest following the Dollar Cost Averaging (DCA) strategy, which involves buying additional positions at regular intervals to potentially lower the average cost per share.
Notify and sell all positions: If this option is chosen, you will receive a notification when the profit target is hit, and the bot will proceed to sell all positions, thereby realizing the gains.
Create: By clicking this button, you finalize and activate the settings you have selected. The bot will then begin to execute trades based on these configured parameters.
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