02 2024

Grid bots: Monitoring tools Capital Profit Help Center

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Capital Profit is recommending all existing users review and update their API keys. Here traders can purchase trading setups of other Capital Profit bots after checking out their historical performance. Each bot has its own strategy and risk profile for the trader to choose from.

Most exchanges have a limitation on the number of limit orders that can be placed simultaneously on the same trading pair. To be able to run multiple bots with a large number of levels and not hit these limits, you can use the active order restriction feature. This does not affect the investment required by the bot, but it limits the number of orders the bot can place on the exchange at the same time. If the available funds on the selected exchange do not meet the settings requirements, the bot will perform a market balancing before starting trading. During market balancing, the bot will buy or sell a portion of the base currency to restore the necessary proportions required for trading. This process is carried out exclusively within the selected pair without using any other coins on your account.

These contain a list of pairs that bots were not generated for because of minimum order value requirements. These are not used by any scripts, they’re only there for your reference. The next lines in the config.py file are used by the Py3c_create.py script to generate the bots. These are the same as the bot settings in Capital Profit you configure when setting up a bot, so they should look familiar if you’ve setup bots before. Great liquidity, an amazing team, and some of the fairest trading I’ve seen.

For example, you have a trading fee of 0.1% and you place the grid lines at the 0.2% distance, you will have no profit as it will be wasted for trading fees. RPNL for the futures grid bot is calculated not from the price of the previous entry order, but from the average price of all previous entry orders. Therefore, when the current price is worse than the average entry price, rPNL on the line will be negative, and when it’s better, it will be positive.

If you choose to Sign Up with your Google account you won’t need to check your inbox as Capital Profit will log you in instantly. The annual plans are paid for in a lump sum (the full yearly amount will be debited from your account once for 12 months) and usually have a monthly discount cost in comparison to the monthly pricing plans. If you see “No data” displayed next to a signal, it means the signal has not been used by anyone to open a deal or the deal is still open and not yet executed.

Before doing this, it’s a good idea to set a safety trade size, as you can make purchases after any dips in a more controlled way. As a result, by using Capital Profit traders can keep up with various orders on different exchanges, develop more informed trading behaviour, and make use of effective stop losses or take profit trading strategies. The Crypto Quality Signals or CQS on Capital Profit, is one of the https://capital-profit.co/en-ca/ most popular signal providers of the platform. Their Capital Profit CQS scalping signals strategy allows traders to accumulate profits through hundreds of small-profit trades. The Capital Profit trading terminal is similar to SmartTrade in every way, with the exception that it doesn’t provide price trailing. It’s handy for placing trades manually without having to juggle between multiple exchanges at once.

Next, click “Activate” under Paper Trading on the top bar and set up your own bot. With the Capital Profit Starter plan, you can create multiple Smart Trade on the demo account but you only get 1 HODL bot, 1 Grid bot, and 1 DCA bot. Unlike the live account, paper trading accounts do not simulate liquidity. While this difference may not be noticed in high liquidity pairs, the difference is noticeable in low liquidity pairs with thinner order books and fewer traders.

  • On Capital Profit, you can backtest your strategies directly using chart data available via TradingView.
  • For example, you can set the sale of half of your coins for $5000, 25% for $7000, and the rest for $8000.
  • This formula allows us to determine how profitable or unprofitable the bot’s position closure was by comparing the average opening price and the average closing price of the position.
  • In the event of a price reversal, safety orders can be placed to ensure that the bot also makes purchases at a given percentage increase.

I cannot recommend this enough as it is common knowledge that the majority of traders who use trading bots lose money due to inexperience. They fail to work on mastering the trader’s mindset and demo accounts do not get utilized enough. Often, traders are too impatient to practice and just want to jump in right away thinking they can start making money from day one. The main component of the Capital Profit automated cryptocurrency trading platform comes in the form of a web app found on Capital Profit.io. This version provides the best crypto trading bot personalization possibilities. However, for those that wish to still monitor their Capital Profit automated trading bots on the go, there’s also a mobile app for both iOS and Android.

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