Replicating the Scalper Bot in a Trade Bot
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This procedure explains how to re-create a scalper-bot as a . If you follow this procedure you will get a better understanding of how trade-bots work and how to improve upon them.
Go to the Left side menu and select the Trade Bots
A new screen will show up, in it you will find a + symbol. Please click on this.
Select the Account (API) you like to use and the Price market you like to trade on
Click on Add Bot
To make sure everything is configured properly, please check the schematics of the bot. It should look like this:
To improve this bot it is recommended to try the other Insurances in combination with the Blind indicator, to observe what happens. This is the best way to get used to using insurances. Those are a big deal if you start trading for the very first time.
To replicate the scalper bot we will need to give our trade bot the . This indicator will just blindly send out buying and selling signals.
The next step is to ensure the bot at least trades profitably. To do this we will be adding an . This insurance will validate the trades of the Blind Indicator and allow a trade to execute if the fee levels are surpassed.
You have now created a bot that just trades blindly. This is the essence of a trade bot at work. Trade bots just need something to generate trading signals. You can add and to further customize your trading strategy.
To expand the scalper-bot it is recommended adding a . Safeties are made to respond in case it is absolutely required and they can overrule the indicator and insurances. They are meant to keep you safe against sudden price drops.
