Scalper 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 scalper bot is a simple automated strategy implementation. The bot executes buy orders and waits for price to reach the configured take-profit threshold, then sells. Once sold, it waits for price to reach the configured buy threshold before entering again.
This strategy is designed for ranging or sideways markets. Strategy effectiveness depends heavily on correct configuration of price thresholds and market conditions.
Market Condition Dependency
This strategy executes a simple technical pattern that depends on price oscillation. Results vary significantly based on market conditions, threshold configuration, and fee structure. This is not suitable for all market environments.
This is how the logic of the scalper bot looks - it's created using the visual bot editor.
Strategy Behavior¶
This strategy is designed to execute multiple trades in ranging markets. It performs best in sideways price action and may result in losses during trending markets. Users must configure appropriate stop-loss levels to manage risk during adverse price movements.
Script Settings¶
Stop loss¶
The stop loss is a percentage you can set to control when your scalper bot takes a loss. It's highly recommended to keep this percentage at least equal to the take profit.
Take profit¶
The take profit is a percentage you can set to control when your scalper bot takes its profits. It's highly recommended to keep this percentage higher than twice the fee levels. For example, if your fee is 0.2%, then this setting should be set to at least 0.4%.
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.
In addition, if you like this bot then you should try the flash crash bot as well, because there are similarities. The flash crash bot does almost the same thing, except it uses a grid with more orders.