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Trading Settings

On the Trading Settings page in the web interface, you can add a new trading pair by clicking on the Add Pair button, provided that you have connected an exchange. You can also modify your trading strategy for a pair. Several tabs are available, including Buy Settings, Sell Settings, Balance Settings, Indicators & ATR Trailing, DCA, and Stop Loss.

Settings for Trading Strategies

Recommendations for Beginners

Focus on the following settings:

  • Buy Settings:

    • xEMA
    • Buy Level
  • Sell Settings:

    • % Profit Target
  • Balance Settings:

    • Buy Amount
    • DCA Buy Amount
    • Max DCAs Allowed

    Ensure effective balance management to prevent the necessity of a stop loss. We recommend at least 8-10 DCAs, even if it seems excessive.

    Tip

    Initially, use Simulated Trading or Backtesting to test the effectiveness of your strategy.

  • Indicators & ATR Trailing Settings:

    • ATR Trailing Buy/Sell Multiplier
    • Reverse
  • DCA Settings:

    • DCA when…
    • Minimum -x% of Last Buy to Allow DCA when…

    Note

    We recommend using DCA when BB.

  • Stop Loss Settings:

    • SL when Trade is -x%.
    • ATR Stop Loss Enabled

    Use stop loss only if you sometimes want to accept losses and/or have too few DCAs.

Important

When entering numbers, omit the - or + prefixes, as the system interprets the input automatically. For example, to set a stop loss at -20%, enter 20.

Buy Settings

  • Buy Enabled: Enable or disable the buy order.
  • xEMA (Number): Number of candles used to calculate EMA.
  • Buy Level (Number/Decimal): Percentage below the lowest EMA to allow buy orders.
  • Block Buy Orders on this Pair if Other Pairs Already Bought: Prevents buy orders on the selected trading pair if buy orders have already been placed on other trading pairs.
  • Block Buy Orders on this Pair Only on Same Exchange: Prevents buy orders on the selected trading pair if buy orders have already been placed on other trading pairs on the same exchange.

Sell Settings

  • Sell Enabled: Enable or disable the sell order.
  • % Profit Target (Number/Decimal): Profit percentage to target before selling.
  • Disable Buy after Sell/SL: If enabled, Buy Enabled will be disabled for the pair after a Sell/Stop Loss.

Balance Settings

  • Buy Amount (Number/Decimal): Amount of the quote currency to buy.
  • DCA Buy Amount (Number/Decimal): Amount of the quote currency to buy on DCA.
    • Setting to 1 leads to each Martingale DCA order buying the same number of quote as you already have.
  • Max. DCAs Allowed (Number): Maximum number of DCAs allowed.
  • Simulated Trading Enabled: Enable or disable simulated trading.

Indicators & ATR Trailing Settings

These are confirming indicators used to obtain better prices for buying/selling.

  • Timeframe to Calculate Indicators (e.g., 30m): Timeframe used when calculating indicators.

RSI

  • Buy RSI Enabled: Enable or disable RSI for buying.
  • Sell RSI Enabled: Enable or disable RSI for selling.
  • RSI Buy Level (Number/Decimal): RSI level to enable buy.
  • RSI Sell Level (Number/Decimal): RSI level to enable sell.
  • RSI Buy Length (Number): Length (candles used) for RSI buy calculation.
  • RSI Sell Length (Number): Length (candles used) for RSI sell calculation.

ADX

  • Buy ADX Enabled: Enable or disable ADX for buying.
  • Sell ADX Enabled: Enable or disable ADX for selling.
  • ADX Buy Level (Number/Decimal): ADX level to enable buy.
  • ADX Sell Level (Number/Decimal): ADX level to enable sell.
  • ADX Buy Length (Number): Length (candles used) for ADX buy calculation.
  • ADX Sell Length (Number): Length (candles used) for ADX sell calculation.

Stochastic (Stoch)

  • Buy Stoch Enabled: Enable or disable Stochastic for buying.
  • Sell Stoch Enabled: Enable or disable Stochastic for selling.
  • Stoch Buy Level (Number/Decimal): Stochastic level to enable buy.
  • Stoch Sell Level (Number/Decimal): Stochastic level to enable sell.
  • Stoch Buy Length (Number): Length (candles used) for Stochastic buy calculation.
  • Stoch Sell Length (Number): Length (candles used) for Stochastic sell calculation.

IRIS Trend

IRIS Buy
  • Skip Buy Indicators when IRIS Trend is UP: Bot will not use any Buy indicators, including EMA, when IRIS Trend is UP.
  • Skip ATR-T Buy when IRIS Trend is UP: Bot will not use ATR-T Buy when IRIS Trend is UP.
  • Skip Buy Indicators when IRIS Trend is DOWN: Bot will not use any Buy indicators, including EMA, when IRIS Trend is DOWN.
  • Skip ATR-T Buy when IRIS Trend is DOWN: Bot will not use ATR-T Buy when IRIS Trend is DOWN.
  • Only Buy when IRIS Trend is UP: Bot will only make a Buy trade when IRIS Trend is UP.
  • Only Buy when IRIS Trend is DOWN: Bot will only make a Buy trade when IRIS Trend is DOWN.
  • IRIS Buy Fast MA (Number): Number of candles used for the Fast Moving Average (MA) for Buy trades.
  • IRIS Buy Slow MA (Number): Number of candles used for the Slow Moving Average (MA) for Buy trades.
  • IRIS Buy Oscillator (Number): Number of candles used to calculate the Oscillator for Buy trades.
IRIS Sell
  • Skip Sell Indicators when IRIS Trend is DOWN: Bot will not use any Sell indicators when IRIS Trend is DOWN.
  • Skip ATR-T Sell when IRIS Trend is DOWN: Bot will not use ATR-T Sell when IRIS Trend is DOWN.
  • Skip Sell Indicators when IRIS Trend is UP: Bot will not use any Sell indicators when IRIS Trend is UP.
  • Skip ATR-T Sell when IRIS Trend is UP: Bot will not use ATR-T Sell when IRIS Trend is UP.
  • Only Sell when IRIS Trend is UP: Bot will only make a Sell trade when IRIS Trend is UP.
  • Only Sell when IRIS Trend is DOWN: Bot will only make a Sell trade when IRIS Trend is DOWN.
  • IRIS Sell Fast MA (Number): Number of candles used for the Fast Moving Average (MA) for Sell trades.
  • IRIS Sell Slow MA (Number): Number of candles used for the Slow Moving Average (MA) for Sell trades.
  • IRIS Sell Oscillator (Number): Number of candles used to calculate the Oscillator for Sell trades.
IRIS DCA
  • Only DCA when IRIS Trend is UP: Bot will only perform a DCA (Dollar Cost Averaging) trade when IRIS Trend is UP.
  • Only DCA when IRIS Trend is DOWN: Bot will only perform a DCA trade when IRIS Trend is DOWN.
  • IRIS DCA Fast MA (Number): Number of candles used for the Fast Moving Average (MA) for DCA trades.
  • IRIS DCA Slow MA (Number): Number of candles used for the Slow Moving Average (MA) for DCA trades.
  • IRIS DCA Oscillator (Number): Number of candles used to calculate the Oscillator for DCA trades.

ATR Trailing Settings

  • ATR-Trailing Buy Enabled: Enable ATR Trailing for buy signals.
  • ATR-Trailing Sell Enabled: Enable ATR Trailing for sell signals.
  • ATR-Trailing Buy Multiplier: Set the ATR-Trailing multiplier for buy signals. Set it low (1.3-1.5) to trade small trends, set it higher (2-3) to trade longer trends.
  • ATR-Trailing Sell Multiplier: Set the ATR-Trailing multiplier for sell signals. Set it low (1.3-1.5) to trade small trends, set it higher (2-3) to trade longer trends.
  • ATR-Trailing Buy Length: Set the ATR-Trailing buy length (candles used) for calculating ATR-T buy.
  • ATR-Trailing Sell Length: Set the ATR-Trailing sell length (candles used) for calculating ATR-T sell.
  • ATR-Trailing Buy MA Length: Set the ATR-Trailing buy Moving Average length (candles used) for calculating ATR-T buy moving average.
  • ATR-Trailing Sell MA Length: Set the ATR-Trailing sell Moving Average length (candles used) for calculating ATR-T sell moving average.
  • ATR-Trailing Buy Reverse Enabled: Determines whether ATR-T should be up or down to allow buys. If deactivated, ATR-T Buy needs to show UP/be under price to allow buys.
    • If activated, ATR-T Buy needs to show DOWN/be over price to allow buys. (Recommended to activate if Buy SettingsBuy Level is used.)
  • ATR-Trailing Sell Reverse Enabled: Determines whether ATR-T should be up or down to allow sells.
    • If deactivated, ATR-T Sell needs to show DOWN/be over price to allow sells.
    • If activated, ATR-T Sell needs to show UP/be under price to allow sells.

DCA Settings

  • DCA Enabled: Enable Dollar Cost Averaging (DCA).
  • Use Martingale DCA: When enabled, Martingale DCA will be used instead of regular DCA.
  • DCA when -x% Enabled: Enable DCA when the complete trade is down by a certain percentage.
  • -x%: Set the minus percentage to trigger DCA.
  • Minimum -x% of Last Buy to Allow DCA When -x%: Set the minimum minus percentage difference between the last buy price and the current price to trigger DCA.
  • DCA when HighBB Enabled: Enable DCA when the High Bollinger Band drops below the last buy price.
  • BB Length: Set the Bollinger Bands length (candles used) for calculating Bollinger Bands.
  • Minimum -x% of Last Buy to Allow DCA When HighBB: Set the minimum minus percentage difference between the last buy price and the current price to trigger DCA.

Stop Loss Settings

  • Stop Loss Enabled: Enable Stop Loss to sell if the trade goes against you.
  • SL when Trade is -x% (Number/Decimal): Minus percentage at which the bot will open a stop loss to stop the trade at a loss.
  • ATR Stop Loss Enabled: Enable ATR Stop Loss to sell if the trade goes against you.
  • ATR SL Calculation Length: Number of candles used to calculate the ATR.
  • ATR SL Smoothing: Smoothing type used to smooth the ATR calculation. Possible smoothing methods: EMA, SMA, WMA.
  • ATR SL Multiplier: Multiplier for the ATR stop loss values. A smaller number results in a tighter stop loss, while a larger number results in a more conservative stop loss.

Misc Settings

  • Enable Futures: Enable futures trading. Only works on supported futures exchanges.
  • Leverage (with which the position is opened): The leverage with which the position is opened and calculated.

Note

Don’t forget to click on Save Settings after configuring. If you need help, please contact our support team.