Hedge Gap [Beginner]
3
installations
4
ID bot:
30
$
199
Specifications
Exchanges
2
Allowed coins
151
Max coins
15
Annual Percentage Yield
223%
Strategy name
Hedging
Min balance
$100
Max balance
$500
Description
This robot is focused on a simplified approach to automated trading and is suitable for beginners. It uses several customizable parameters that allow users to adapt the trading strategy to market conditions and their personal risk tolerance. Below is a detailed overview of the key parameters that can be modified and their interrelationships.
Adjustable Parameters
isTradeAllowed (runtime):
- Description: A switch to enable or disable trading.
- Default Value: false
- How It Works: This parameter controls whether the robot is allowed to execute trades. Setting it to true enables the robot to actively trade according to the defined strategy. It acts as the primary control for turning the trading activity on or off.
coins (runtime):
- Description: A list of cryptocurrencies the robot will use for trading.
- Default Value: BCH, XRP, EOS, TRX, XLM, XMR, DASH, ZEC, XTZ, ATOM, ONT, IOTA, BAT, VET, NEO, QTUM, IOST, THETA, ALGO, ZIL
- How It Works: This parameter specifies which cryptocurrencies the robot will monitor and trade. It works together with symbols to define the market scope for the strategy. The chosen coins can affect the robot's performance depending on market conditions.
aggressionLevel:
- Description: Sets the robot's trading risk level.
- Options:
- Very Conservative
- Conservative
- Balanced (Default)
- Aggressive
- Very Aggressive
- How It Works: The aggression level determines the robot's risk-taking behavior. For example, a "Very Aggressive" level may involve larger positions and more frequent trades, while a "Very Conservative" level limits trades to safer conditions. This parameter interlinks with workingBalance and other risk management settings like sellFactor to control the overall trading approach.
workingBalance (runtime):
- Description: The amount of balance the robot can use for trading.
- Default Value: 500
- How It Works: This parameter sets the limit on how much capital the robot can use. When combined with the aggressionLevel, it helps define the size of individual trades and the total number of positions the robot can hold. A higher workingBalance allows for more extensive trading activity, especially when combined with an "Aggressive" aggression level.
symbols (tester):
- Description: Specifies the trading pairs used for testing the strategy.
- Default Value: BCH/USDT, BTC/USDT, ADA/USDT, ETH/USDT, XRP/USDT, TRX/USDT, SOL/USDT, LTC/USDT, BNB/USDT, DOGE/USDT
How It Works: Defines the pairs the robot uses in the testing environment to simulate strategy performance. This parameter works with coins to ensure that the testing conditions are aligned with the actual trading environment, helping to optimize strategy parameters.
For instructions and detailed information, check out my section on the JT-Lab forum: Guide to Algorithmic Trading and Bots from a Crypto Insider
FAQ
Allowed coins
MBL, BOME, WLD, APT, TIA, BLUR, TON, PYTH, WIF, RNDR, IOST, ONG, DOGE, XTZ, GRT, GAL, XAI, 1000PEPE, STEEM, ZEN, LSK, LINK, PIXEL, VANRY, PORTAL, LTC, ALGO, MATIC, 1000SHIB, BIGTIME, ORBS, UNI, KLAY, AXL, SUI, ACE, ALPHA, EDU, NTRN, AI, GLM, JTO, SEI, IOTA, SUPER, USTC, TRB, DYDX, BNT, AGLD, YGG, MOVR, HIFI, MEME, ONDO, 1000SATS, GAS, TOKEN, IMX, CHZ, METIS, BAKE, RDNT, COTI, RIF, UMA, DOT, OP, HBAR, TWT, DASH, NFP, SNT, DYM, MAVIA, POWR, 1000BONK, GMT, ONT, ENS, 1000LUNC, EOS, ARB, BOND, AEVO, FTM, XLM, SAND, MINA, NEO, RVN, ALT, POLYX, MAV, KAS, API3, ETHFI, ZEC, PERP, ADA, BAT, OMG, LRC, OM, MYRO, XMR, ORDI, KNC, SUSHI, MANA, BAND, SNX, STRK, RONIN, QTUM, WAVES, JASMY, SHIB1000, THETA, WAXP, ZIL, LPT, ATOM, PEOPLE, XRP, MANTA, FIL, ZRX, CELO, ETC, WOO, CAKE, TRX, REN, GALA, APE, BCH, NEAR, JUP, FRONT, 1000RATS, SLP, AXS, ZETA, CFX, AUCTION, VET, ETH, BEAMX, STPT, FLM
Allowed exchanges
Binance, Bybit
Where can I learn more about bots?
I am running a thread in the JT-Lab community https://community.jt-lab.com/d/8-guide-to-algorithmic-trading-and-bots-from-a-crypto-insider