Scalper bot¶

About¶

The scalper bot is one of the easiest bots we have to offer. It's also one of the simplest bots as well. The bot blindly buys coins and waits until the price goes up, then sells. Once sold, it waits for the price to drop again before buying in again.

This bot performs at its best in sideways markets. It can reach extremely high profits if the market stays sideways and the target prices are right. If not, it will just do a few trades and wait most of the time.

Info

The scalper bot is one of the simplest bots we have, but it's a bot that can generate significant profits over time. It all depends on how the market evolves.

![Cryptocurrency trading platform's scalper bot logic diagram with UI elements including GetPositionDirection, ClosePrices, DoLong, DoShort, TakeProfit, and StopLoss.](/assets/scalper_bot_logic.png)

This is how the logic of the scalper bot looks - it's created using the visual bot editor.

Performance¶

This bot is supposed to make a lot of trades and generate small profits. This bot performs at its best on a sideways market and it will likely make losses when prices go trending.

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.