Advanced Index Bot
With the Advanced Index Bot, you can invest and diversify a percentage of your portfolio with a wide range of currencies.
About
The bot will re-balance your assets when one of the currencies has risen or dropped in value and breached the threshold.
Supported licence & Trade types
Supported Licence | Supported Trade Types |
Spot trading | |
Advanced licence |
Difference with the normal Index Bot
Full-screen mode
Detailed information
Rebalance interval
Index based on market cap.
Index based on total USD volume.
Preserve base index.
Trailing Stop
3rd Rebalance options - Spider Mode. Combines the power the index bot with the Market Making and Flash Crash Bot.
General Parameters
Bot Name
Create a unique name for your bot.
Account
Select the account on which the bot should run.
Base Coin
The index coin is your base currency for your crypto index. This is the currency that will be used to buy or sell other coins.
Template
With this template, regular orders will be placed. If the bot is set on "Spider Mode" it will only use this template when the buy or sell orders are set on 0.
(Trailing) Stop Template
This is the template the bot will use when a stop loss or trailing stop has been activated.
Total Trade Amount
This represents the amount allocated to the bot for trading, spread over all the currencies in the index.
Current Index Value
This is the value of the whole index at this time.
Allocate Profits
When enabled, the bot will add the profit made from sell orders to the "Total Trade Amount." Any losses incurred will not be subtracted.
Preserve Base In Allocation
Enabling this feature will prevent the bot from buying other currencies when the wallet amount falls below the allocated amount of the base coin.
Rebalance Settings
Rebalance Interval
This controls when the bot is allowed to rebalance the index. Stop loss and trailing stops are always monitored on a one-minute interval.
Rebalance Custom Interval
Custom rebalance interval for the bot defined in minutes.
Last Rebalance
Last time the bot has rebalanced the index.
Next Rebalance
Next time the bot will rebalance the index.
Rebalance Modes
Portfolio Growth
Portfolio Growth mode works based on the current value compared to the total index value.
Example
The bot will buy when 1 ETH equal 0.098 BTC and the bot will sell when 1 ETH equals 0.103 BTC.
Individual Growth
Individual Growth mode works based on the current price of the coin. When the price raised or lowest a certain percentage, the bot will buy or sell.
Example:
The bot will buy when the ETH price falls below 0.096 BTC and sell when the price rises above 0.11 BTC.
Spider mode
Spider mode works the same as the Individual growth mode, except it will place the limit orders in advance like a Flash Crash Bot.
Example:
The AIB trades just in comparison with the allocated amount/percentage. With the individual or portfolio growth this isn't an issue. The bot waits until the order amount is big enough for the exchange to allows the order, but on spider mode, the bot trades on fixed price points, so this is a bigger issue. Next to the Buy/Sell threshold field is an info icon. This icon will advise a certain percentage for the threshold. This percentage be big enough for the first few orders to be allowed to be placed on the exchange. Exchanges with a high minimum trade amount/volume will have a high percentage. The advised percentage is affected by the allocated amount. The higher the amount, the lower the advised threshold will be. The info icon next to the coin dropdown will tell you the market minimum information. If the bot is not placing orders after it has been activated, check the bots log. It will show you the reason why.
Flash mode
The flash mode works the same way as the spider mode and will place the limit orders in advance like a Flash Crash Bot. While the spider mode places orders that match the allocated amount/percentage, the flash mode allows to set the order size. The bot will reserve an amount to maintain the currencies allocated amount. A bot on flash mode can only handle an identical buy and sell threshold.
Example:
The order size needs to be higher than the exchange minimum trade amount/volume.
Index Table
Allocated Percentage
This is the percentage of the “Total Trade Amount" that will be used for the currency.
Allocated Amount
The amount used for the currency. Ending the amount with an % will trigger the software to convert the percentage to a fixed amount.
In Wallet
The amount currently in the wallet. Click on the value to set the allocated amount percentage.
In Order
The amount currently in open orders placed by the bot.
Target Amount
The target amount the bot is trying to maintain at the current price.
Target Value
The target amount converted to the base coins value.
Calculated Percentage
The current percentage the bot has reserved based on the current price.
Reserved Amount
The amount reserved by the bot to maintain the currencies allocated amount.
Max Open Buy Orders
The maximum number of buy orders the bot will keep open per currency. If set on 0 the bot will only execute a buy order after the buy targets have been reached.
Max Open Sell Orders
The maximum number of sell orders the bot will keep open per currency. If set on 0 the bot will only execute a sell order after the sell targets have been reached.
Buy Threshold
Depending on the mode, this controls when the bot executes a buy order to raise the calculated percentage.
Sell Threshold
Depending on the mode, this controls when the bot executes a sell order to lower the calculated percentage.
Buy/Sell Threshold
A bot on Spider Mode can only handle an identical buy and sell threshold. Orders will be placed based on this percentage.
Current Price
The last known price of the currency.
Buy Target
When the price falls below this target, the bot will execute a buy order.
Sell Target
When the price goes above this target, the bot will execute a sell order.
Stop Loss
A stop loss will protect your investment and prevent any further losses. The stop-loss will use the price from when the bot was activated. Its a fixed price from the start and the bot will sell all the coins and exclude the index when its breached.
Stop Loss Price
If the price falls below this target, the stop loss will be activated.
Trailing Stop
The trailing stop will monitor the price from the moment the bot was activated. If the price falls by a defined percentage from the highest recorded price, the bot will sell all the coins and exclude the index.
Trailing Stop Price
If the price falls below this target, the trailing stop will be activated.
Profit Table
Total Trades Made
The total number of trades made. Both buys and sells.
Total Bought
The amount purchased, to keep the Allocated Amount aligned, once the buy thresholds were reached.
Total Sold
The amount sold to keep the Allocated Amount aligned, once the sell thresholds were reached.
Fee Cost
Total fees paid from executing orders.
Unrealized Profits
When the bot has purchased more than it has sold. This will show the profit/loss when the additional coins are sold now.
Realized Profits
The bot realizes a profit when it completes a sell order. The buy costs of the sell order are matched based on the LIFO (Last In First Out) rule. This means the bot will sell off the extra amount it has purchased first before it uses the start amount. When it uses the start amount, it will use the start price as the buy price.
Realized Gain
Realized profit minus fees.
Current Price
The last known price of the currency.
Average Price
If the bot has purchased more than it has sold, this will represent the average price of that amount. If the bot hasn’t purchased more than it sold, this will represent the start price.
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