▫️Dashboard Functionality
Last updated
Last updated
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.).
Bot Name: Here, you would input a custom name for your bot for easy identification.
Exchange: This dropdown is where you select the cryptocurrency exchange where the bot will operate. The example shows "Binance".
Currency: Choose the currency pair that the bot will trade in, such as USDT against other cryptocurrencies.
Max Concurrent Position: The maximum number of positions the bot can hold at the same time across all markets.
Max Positions per Market: This defines the maximum number of positions the bot can hold in each individual market or trading pair.
Volume 24h: Max and Min: These settings allow you to specify the minimum and maximum 24-hour trading volume for the markets you want the bot to engage with, likely to ensure sufficient liquidity.
Price: Max and Min: Set the maximum and minimum price range within which the bot should execute trades.
Invest Every: This is the frequency at which the bot will make new investments, such as every 2 days, as per your example.
Profit Target 1-500%: Here you specify the profit target for the bot, after reaching which it will take action according to the selected option below.
Once the target is reached, notify and continue with DCA: If checked, the bot will notify you once the profit target is reached and will continue executing trades using the Dollar Cost Averaging strategy.
Once the target is reached, notify and sell all positions: If checked, the bot will notify you upon reaching the profit target and then sell all the positions it holds.
Create: After setting all the parameters, pressing this button will activate the bot with these configurations.