Question 1

How to configure buy or sell state ?

Accepted Answer

This article explain Buy and Sell states parameters

Buy state

Order type

market: will open a market order. That means the bot will buy (or sell) at the market price when it will reach the state. In this case, we won't set a price so the price field is disabled.
limit: will open a limit order. In this case we set the price we want for the order (see field price bellow).

Trade

This field allow your to manage simultaneous positions. If you are not looking to open many positions simultaneously, you can leave the default selected value.

| A trade two orders: a buy then a sell OR a sell then a buy.

First: Open an order to close the first current trade. If there is no current trade, starts a new trade.
Open: Open an order to start a new trade.
Last: Open an order to close the latest current trade. If there is no current trade, starts a new trade.
All: Open an order to close each current trades (which ignore the volume field). If there is no current trade, starts a new trade.

Volume and Price

Volume: Quantity to buy or sell.
Price: For limit order, the price to buy or sell.

| Asset base on BTC/USD is BTC, asset quote is USD | On the exchanges, you always buy or sell the asset base. So you set the volume in the asset base.

With Botcrypto, you can set volume you want buy or sell in the asset of your choice.

You c

Question 2

All about indicators

Accepted Answer

The indicators will allow you to create conditions in your strategies. 26 indicators are available:

Bollinger Bands
Exponential Moving Average (EMA)
Ichimoku
Keltner Channels (KC)
MACD
Mobile Average (MA)
%
Pivot Points
Pop
Price
RSI
Series
Stochastic Oscillator
Value
Volume
Vortex
[Volume-Weighted Average Price](https://botcrypto.crisp.help/en/article/indicator-vwap-pv

Question 3

How to create a strategy on Botcrypto ?

Accepted Answer

With the tutorial

To learn how to create a strategy on Botcrypto, you can follow the step by step tutorial of the strategy creator. To launch the tutorial:

Login to Botcrypto
In the navigation bar, click on "Helpdesk" at the top right
In the panel that appears, click on "Launch the strategy creation tutorial"

Now all you have to do is follow the steps!

Question 4

What are bot statistiques ?

Accepted Answer

This article is about the data displayed at the bottom left of the bot page.

They are about statistiques & performance analysis of the bot, useful to determine if a srtategy is profitable or not !

Bot stats

At the top we have the current bot balance. It's how much the bot has currenlty.

Then we have a graph with the gain evolution in time. It's the gain converted in the quote asset (i.e. EUR on BTC/EUR). The graph is green if the current gain is positive, red otherwise (meaning a loss).

Pending profits. It's the sum of trades not closed. It is deplayed in the quote asset.
Net profit. It's the sum of gain of all closed trades. It is deplayed in the quote asset.
Win rate. The percentage of closed trades with a positive gain. It's an important to check when you modify your strategy. You should try to maximize it.
Average profit. It's the mean of gain of closed trades. This parameter is strongly linked to the win rate. You should try to maximize it.

Click on "see more" to display more parameters.

You will see:

Initial volume. It's the total volume converted in the quote asset when the bot has started.
Current volume. It's the bot balance converted in the quote asset. This volume doesn't reflect fees that would be apply by the broker if you close the pending trading! So you can have a pending profit negative event if the **current volume

Question 5

How to enable webhook notifications?

Accepted Answer

Botcrypto offers two notification systems. A notification system on the website and a notification system via webhook. It is in particular the latter that will allow you to be notified in real time on applications like Discord and Slack, and thus on your phone if you have the mobile application!

Notifications on Discord

Login to Discord (if you are not there yet, create an account and join our server https://discord.gg/8xDp3fa)
Create a personal server (the bar on the left shows your servers)
Click on the name of your server in the top left corner, then on Server Settings
Click on Integrations (the 6th tab of the sidebar), then on View Webhooks, then on New Webhook
Enter the name of your webhook, select in which channel the notifications will be displayed and click on Copy Webhook URL
On Botcrypto, go to the outgoing webhooks page, click on New outgoing webhook, enter the name of your webhook and paste the value you just copied in the URL section
Once the webhook has been added to your account, go to the page of the bot where you want the notifications and click on Settings to display the bot's parameters
If your bot is paused, you can click on Modify which brings you to the form where you can select the webhooks you want to use.

Notifications on Slack

On your Slack add the Inbound Webhooks application
In the application configuration, you

Question 6

How to create a bot on Botcrypto ?

Accepted Answer

To access the bot creation form, click on the + button from the dashboard, or on the New bot button from the bots page.

First choose the name of your bot. We advise you to be as explicit as possible, for example Demo Test Ichimoku 1.
Then choose the strategy that will be executed by your bot. If you want to create a strategy, we also wrote an article on strategy creation.

Create a bot 1/2

After clicking on Select a market, it's time to choose on which portfolio your bot will execute actions.

On Botcrypto, you can create virtual portfolios called demos. On a demo portfolio, actions will be simulated by your bot. This way you can safely test a strategy. You can also connect a trading platform. In this case, your bot will send orders directly to your trading platform. Be careful not to make a mistake.

Then select one of the available pairs according to your portfolio, and select the volumes you want to allocate to your bot. Your bot will only act on these volumes and will not touch the rest of your portfolio.

Create a bot 2/2

All right! You just have to click on Create and you can launch your first bot on cryptocurrencies markets!

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