PingPong Bot

Strategy Example - Not Investment Advice

This bot configuration is provided as an educational example to demonstrate software capabilities. It does not constitute investment advice, a trading recommendation, or an endorsed strategy. Users must independently evaluate, test, and customize this configuration before deployment. You are solely responsible for all trading decisions and outcomes. See Legal Disclaimers for complete terms.

About

The name "ping pong" is not an official strategy name, it's just a way to describe what happens when this bot is working.

This bot determines a selling and buying price in advance based on the most recent history and the goal is that the prices will be moving within these target prices.

Performance

This bot performs at its best when prices are sideways. This bot is known to give losses when prices become trending.

Script settings

Stop loss

The stop loss is a percentage you can set to control when your pingpong bot takes a loss. It's highly recommended to keep this percentage between 2% and 5%.

Target Adjustments

The target adjustments is a time interval you can select to control how often the target buy and sell prices get adjusted. It's recommended to keep the adjustment time high, so set it to 30 minutes or longer.

Tips and tricks

Just like all other built-in bots, this bot is free and open-source. If you like, you can take the source and improve upon it.