Market Making Bot
Last updated
Last updated
The Market Making bot places limit orders just outside the current buy and sell prices. It does this in an attempt to profit from the spread between the two orders. On spot markets it will place both buy and sell order simultaneously. Once both orders are completed it will recalculate the target price and place new orders. For margin/leverage orders it will first place an enter position order. Once it has been completed the exit order will be executed. The cycle starts over when the bot has exited the position.
Although the bot can maintain an unlimited amount of slots, there are still API restriction to keep in consideration. Dont go overboard with the number of slots per bot.
Supported Licence | Supported Trading Types |
Spot trading | |
Margin trading | |
Advanced licence | Leverage trading |
Create a unique name for your bot.
Select the account on which the bot should run.
Select which market this bot should run on.
Leverage used by the bot.
The direction of the margin/leverage orders. The bot can only run on short or long.
Fee percentage of the bot. Only used in backtests and for bots running on simulated accounts.
This template will be used when the bot executes a stop loss order.
The offset compared to the current buy and sell prices of the market.
Order size of the slot.
Maximum amount of minutes before the open orders are cancelled and recalculated.
The maximum price change before a stop loss order is executed.
The number of minutes to wait after a stop loss order has been completed. Very useful for when the market is suddenly moving in the opposite direction on margin/leverage markets.
Amount of minutes the order is currently open for.
Amount of minutes before order will be cancelled and recalculated.
The difference between the buy and sell price.
How long it takes on average before a open order is completed.
