Ping Pong Bot

How does it work?

The Ping-Pong Bot uses a simple trading method that is analogous to a game of Ping Pong. It takes advantage of small price changes that occur quickly during a sideways market. This bot is not intended for trading large amounts or trading during a trending market.

This bot works best with small trade amounts.

Guided Tour

Ping Pong Bot Overview

Supported licence & Trade types

Supported Licence	Supported Trade Types
Beginner licence	Spot trading
Simple licence	Margin trading
Advanced licence	Leverage trading

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.

Leverage

Specify the leverage for the bot.

Coin Position

Select the coin where the funds are located at this moment.

Funds Position

Select the current funds position. No Position is when you do not have any Long or Short Positions. Should be used as the start of any trade bot unless you manually opened a position

Trade Amount Type

HTS supports 3 types of trade amount options.

1. The static option uses a fixed amount where the sell amount is adjusted for fees.

2. All-in uses 99% of the available coins.

3. With maximum amount the bot will use what’s available in the wallet with a maximum of X coins.

Trade Amount

How much the bot has to trade with.

Actual Trade Amount

The current trade amount after corrections.

Template

Type of orders you want this bot to place. Standard limit and market orders are available as well native exchange and custom templates defined in the Order Template Builder.

Fee

Fee percentage of the bot. Only used in backtests and for bots running on simulated accounts.

Ping Pong Bot UI