Crypto Index Bot
Create and automatically maintain your own index. Diversity is key!
With the Crypto Index Bot, you can invest and diversify a percentage of your portfolio with the wide range of currencies available on the platform. The bot will rebalance your assets when one of the currencies has risen or dropped in value and breached the threshold.
Guided Tour
About
With a large number of cryptocurrencies available, it can be hard to pick the right one. This Crypto Index Bot will allow you to create a diverse portfolio. This way you can more easily invest in the individual growth of the many diverse coins.
Supported licence & Trade types
Supported Licence | Supported Trade Types |
Beginner licence | Spot trading |
Simple licence | |
Advanced licence |
Parameters
Index Coin
This currency will be the main currency. Adding and removing balance to your indexes will be done with this currency. The currencies available will all have a direct market with the index coin. Other currencies are filtered out.
Trade Amount
This represent the amount the bot has to trade with, spread over all the currencies in the index.
Current Index Value
This is the value of the whole index at this time.
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.
Individual Coin Growth
Changes the behavior of the index bot to follow the individual coins growth rather than growth within the portfolio.
Allocate Profits
When enabled, the bot will add the profit made from sell orders to the "Total Trade Amount". Any losses incurred won’t be subtracted.
Pie Chart
Index Distribution. This is a visualization of the bots index settings
Current Distribution This is a visualization of the current distribution of the indexes
Profit Calculation
Profit is calculated by subtracting the amount the bot has added to the indexes and the amount the bot has removed from the indexes. When the bot starts for the first time, the trades it places to equalize your balance accordingly are not to be used in the profit calculation. The fee will be taken into account.
Rebalance calculation
Individual Growth Disabled
Examples Total Index Value: 1 BTC.
ETH/BTC price is 0.1 BTC
ETH index with 10%
ETH Buy Threshold of 2%
ETH Sell Threshold of 7%
Scenario 1 - ETH price raises.
When the total value of the ETH in your wallet grows to >12% of the Trade Amount the bot will sell off a portion to lower your ETH exposure to 10% of the Trade Amount
Scenario 2 - ETH price drops.
When the total value of the ETH in your wallet shrinks to <5% of the Trade Amount the bot will buy extra ETH to equalize your ETH exposure to 10% of the Trade Amount
Individual Growth Enabled
Examples Total Index Value: 1 BTC.
ETH/BTC price is 0.1 BTC
ETH index with 10%
ETH Buy Threshold of 2%
ETH Sell Threshold of 7%
Scenario 1 - ETH price raises.
When the ETH price raises >2% the bot will sell off a portion to lower your ETH exposure to 10% of the Trade Amount
Scenario 2 - ETH price drops.
When the ETH price raises <7% the bot will sell off a portion to lower your ETH exposure to 10% of the Trade Amount
Index Settings
Allocated Percentage
This percentage of the "Total Trade Amount" that will be used for the currency.
Target Amount
The target amount is the amount the bot targets to have at the current price.
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.
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 has been activated. Its a fixed price from the start. The bot will sell all the coins and exclude the index when its breached.
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