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
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.
The static option uses a fixed amount where the sell amount is adjusted for fees.
All-in uses 99% of the available coins.
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.
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