Fundamental Elements
The fundamental configuration to make the bot work auto 24h
Our bot comes pre-loaded with optimised default settings that you can use (at your own risk and responsibility). The below information explains the various functions and parameters within the bot, the values of which you may choose to modify based on your own experience and understanding. As mentioned earlier in this User Guide, trading in digital assets and financial products is risky and we strongly urge you to gain a strong understanding of all risks, and how to trade such products, before attempting to do so.
To configure a futures trading bot to be auto 24h, here is the combination that required:
FUTURES BOT button: - ON: Start the bot - OFF: Stop the bot
Pos Limit: Limit no. of position to be opened at a time - OFF + any value = unlimited - ON + value > 0 = value
SWIFT: Auto decision making bot - ON: Auto open and close a position - OFF: Not going to open any position
LONG & SHORT: Limit to open only Long/Short or Both
WAVE: The minimum wave before opening a position - OFF: There is no limit on the minimum wave before opening a position - ON + value: The value is the minimum wave in % price chance
DCA PRIORITY: - ON: Prioritize executing all DCA settings before Stop Loss - OFF: First come first serve
TAIL: The tail of the candle is the thin vertical line above and under the candle body. This option will need to be always ON + value > 0
VOL: The volume check on a group of candles - OFF: Not required to check volume - ON + value: Calculate volume of a group of candles, value = no. of candles
CANDLE: Calculate sum of the length of a group candle and compare with the minimum value and maximum value before opening a position. - 1st input value: No. of candles - 2nd input value: Min of Sum the body length of the above candles - 3rd input value: Max of Sum the body length of the above candles
TIME: Only open a new position if the time left before closing the latest 5 min candle less than the input value in second.
TRAILING CLOSE: Close a position if achieved the minimum % profit (1st input), and down a number of % (2nd input) from the max % profit that the current open position achieved.
SIZE: The amount of fund to be used when open a new position.
Bot Take Profit + Stop Loss: These settings will be managed by XTsunami bot on user's computer
Exchange Take Profit + Stop Loss: These settings will be managed by the Exchange.
DCA settings: Trigger settings to add more fund on the current open position for user's dollar cost average strategy. - 1st input: % loss (negative value) or % gain (positive value) - 2nd input: % additional fund of the current open position amount - 3rd input: No. of times to execute this DCA setting - Reverse DCA check box: to withdraw an amount after taking profit or stopping loss from the current open position
A-DCA: Advanced Trigger setting to execute DCA without adding more fund for the current open position - 1st input: % loss (negative value) or % gain (positive value) - 2nd input: % withdrawal fund of the current open position amount; after adding % gain or reducing % loss, readd the fund back to the current open position - 3rd input: No. of times to execute this DCA setting
AUTO RESET: Reset all parameters for the next position after closing a position
TORNADO CHECK: To brake the bot to open new positions when there is big market pump dump.
Exit Check: To close the position when the price crosses the position's current entry price a certain time.
Last updated