Flash Crash Bot

How does it work?
The Flash Crash Bot sets pre-orders above and below a specified base price. Buy orders are placed at predefined price points that fall below the set base price. Conversely, sell orders are placed above this base price. This bot is most effective in a volatile market.
Limited to a maximum of 100 buy and 100 sell orders.
Guided Tour
Flash Crash Bot Overview
About
The Flash Crash bot sets pre-orders above and/or below a specified base price. Buy orders are placed at predefined price points that fall below the set base price. Conversely, sell orders are placed above this base price. When a buy order has been completed, the base price will be moved down and a sell order will be placed on the old base price. Conversely, when a sell order has been completed the base price moves up and a buy order is placed on the old base price.
The flash crash bot places orders above and below a user-defined base price. The range is determined by the base price. Orders are spread out by percentage or price. You can set the amount to be used for each order and how much time until an order refill occurs. The idea is to catch extreme flash crashes and pumps.
When backtesting the FCB, the bot will adjust the base price to the start price of the test period.
Supported licence & Trade types
Supported Licence
Supported Trade Types
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Spot trading
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Advanced licence
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Parameters
Name
Create a unique name for your bot.
Account
Select the account on which the bot should run.
Market
Select which market this bot should run on.
Fee
Fee percentage of the bot. Only used in backtests and for bots running on simulated accounts.
Current Price
The current market price.
Base Price
The bot uses the base price for decision making. Your order spread will be derived from this base price. Once the bot is activated and orders are completed, the base price will move up and down within your price range.
Spread Type:
The type of spread used to calculate buy and sell points. Examples available on the wiki.
Spread
The price spread between orders. In fullscreen mode this is represented by the gap between lines.
Percentage boost
The boost on top of the percentage spread. This will create a small exponential effect.
Minimum Percentage:
The minimum percentage spread from the base price.
Maximum Percentage:
The maximum percentage spread from the base price.
Used Currency
This options controls the currency of the order size and where the profit is made. Profit will be realized in the opposite currency.
Total Buy Amount
The total amount to buy. This number is divided by the order size. Setting a total buy amount of 10BTC with an order size of 2 will result in 5 buy orders.
Total Sell Amount
The total amount to sell. This number is divided by the order size. Setting a total buy amount of 10BTC with an order size of 2BTC per order will result in 5 sell orders.
Order Size
The order size controls how large every single order is. Multiplied by the buy or sell amount, this is the total amount used for each side.
Refill Delay
This will add a delay before replacing completed orders. Usually used for specific strategies and is optional.
Total Buy Amount Needed
This represents the total amount of the selected currency required. This amount must be available in your wallet/account.
Total Sell Amount Needed
This represents the total amount of the selected currency required. This amount must be available in your wallet/account.
Highest Sell Order Price
The highest sell order price.
Lowest Buy Order Price
The lowest buy order price.
Flash Crash Bot UI
Flash Crash Bot Orderbook
The left column represent the price on which the orders will be executed.
The middle column show the order amount on each price. The amount is always in the base currency here.
The right column will be filled with data once the bot is executed. It will show the amount still open from the order placed.
The price in the middle shows the current base price of the bot.
Flash Crash Bot Orderbook
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Troubleshooting

Setup guide

Last modified 3yr ago