Intraday bot

Designed for working with dynamic and horizontal lines. Intraday bot makes a trade on the breakdown and scalping easier.

Important information:
  • The bot uses trend coordinates set on a linear (not logarithmic) scale.
  • There can be only one active bot per tool.
  • Moving the trend line (TL) on the chart, after opening the bot creation menu, doesn't change its settings.

Start of the bot

 Variant №1:

1. Open the "Create bot" menu on the toolbar of the chart.
2. Click the "Intraday" tab.
3. If necessary, correct TL that appears on the chart.

Variant №2:

1. Create TL on the chart by the tool.
2. Open the bot creation window via a toolbar.

3. Set parameters:

a. Allocated volume 

b. Sell

c. Buy

d. Stop loss

4. Click ''Create''.

How it works 

1. After activation, the bot is in standby mode. When the price touches a start trigger, the bot places a buy order according to the defined settings. 
After the buy order execution, the bot places a sell order at the defined distance from the purchase.
The bot places a stop loss trigger at a given offset from TL at the same time when places a sell order.
The bot identifies TL touching as a cross when a buy order has the trend cross trigger. The recommendation is to set TL one point from the level.

2. The start and stop loss triggers "moves" along with TL following the candlesticks, keeping the given offset.
In case of partial execution of a buy order, the bot waits for a 100% execution. At the time of the first sell order execution or the stop loss trigger activation, the bot cancels an unfulfilled buy order. The bot doesn't reserve the volume released after the sell order execution.

3. The bot can set a stop loss trigger with an offset from either TL or the actual buy level.

4. The user can set the type of order in the tabs of the bot creation window, as well as its number and levels of placement.

5. Templates are designed to minimize the number of actions at the start. The user can use the ''Standard'' one by default. But this template is set as an example, so it is much better to create and use your own for each trading pair by changing the parameters and saving a new template.

6. The recommended minimum volume for the bot to work is the equivalent of 25 USDT. Otherwise, after the first sell order execution, there is a risk of a stop loss failure due to the exchange's refusal to execute an order with a size less than the minimum notion.

Edit of an active bot

Possible only before a buy order execution by a restart. For this open the configuration window, called from:
  1. Toolbar of the bot 
  2. ''Bots list'' block 

Add stop loss

The user can add an extra stop loss to an active bot without a restart. Even after a buy order execution. For this:
  1. In the configuration window, click ''Add stop loss''
  1. Use the tool to set a stop trigger level (horizontal or dynamic line) on the chart, then click a ''checkmark'' in the toolbar
The bot gives an extra stop loss option when the current price touches the level set by the tool on the chart. Extra stop loss works the same way as an ordinary one. When one of the stop losses is triggered, the bot cancels previously placed sell orders and places a new sell order of the market type.

Important! The main stop loss has the highest priority. The main stop loss activates even when an extra stop loss is lower.

Types of orders:
  • Limit
  • Grid
  • Iceberg
  • Market (for stop loss)

Grid and Iceberg types of orders

These types of orders are placed at a definite price level, divided into several equal parts (small orders) so that the real buy/sale amount is not reflected in the order book. When setting up this type of order, the user must define the number of parts (of small orders):

1. In grid order, the parts are placed at once.
2. In iceberg order, the parts are placed in series. When the exchange executes the first of these small orders (the tip of the iceberg), the next one is automatically placed. So the entire order is executed by small parts in series - the next part is placed as the previous one is executed.

In a grid order, the user must enter the deviation from the price level. The deviation can be marked with "+", "-" (click the symbols) or both ways at the same time "+ -". It can be set both as a percentage ''%'' and an absolute value ''USDT'' (the selection is made by a toggle to the right of the box). 
Take into account an interval between grid orders when placing a stop loss. Stop loss must be more than the interval to avoid an unwanted shutdown of the bot. After the first limit order execution, the stop loss is calculated from the actual purchase. After execution of the following limit orders, the stop loss is already calculated from the average purchase.

In an iceberg order, the user can optionally set the offset from the price level. The setting is similar to the grid order but without selecting the symbols. When executing such buy orders with defined deviation or offset, sell and stop loss orders placing is based on the average price of the actual purchase. 

Example of a grid order:

The main price level is "100", the deviation is "+ - ","1".
The bot places parts on: 100, 101, 99, 102, 98 etc.
Example of an iceberg order:

The main price level is "100", the offset is "1".
The bot places parts on: 100, 101, 102, 103 etc. Without the offset, places all parts on 100.

Types of tools:
  • Trend line (TL)
  • Horizontal line
  • Horizontal ray
  • Ray
  • Arrow
  • Extended
Trend can be:
  • Downtrend (breakout)
  • Uptrend (support)
  • Horizontal (breakout/support)
 The bot stops in case of:
  • After all sell orders execution.
  • After a stop loss trigger (and full sale if there was a purchase).
  • The user stops the bot.
  • For the "breakout" strategy only, an hour after activation by the start trigger, if the buy order (including partial) isn't executed.
Дата создания: 13.03.2021 19:38      Обновлено: 27.01.2022 22:53
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