Q: What is AutoTrader?
A: AutoTrader is a trading strategy platform that provides traders with thousands of backtested strategies to copy for free. It aims to simplify the trading process by offering a variety of strategies, enabling users to quickly replicate successful, professional strategies and run multiple bots simultaneously. By isolating trading bot funds from manual trading funds, AutoTrader ensures a seamless and efficient trading experience.
Q: How do I access AutoTrader?
A: You can find the entrance to AutoTrader at the top of the BTSE navigation bar.
Q: How do I use the AutoTrader strategy?
A: The AutoTrader marketplace includes thousands of strategies. Users can choose a strategy based on their risk preferences and the tokens they are familiar with.
Use the token filter function to search for your preferred token, or use the risk, term, and direction filters to select a strategy.
We provide several types of filters:
Risk:
Conservative: Increases your position when the price moves against your overall view; reduces positions to capture profits when the price moves favorably.
Balanced: A balanced approach to increasing your directional position when prices move against you and taking profit when prices move favorably.
Growth: Steadily takes profits if your position becomes profitable; sets tighter stop loss conditions to quickly close positions if the market moves unfavorably.
Term:
Longer: The strategy sets wider TP/SL prices, resulting in longer-term positions.
Shorter: The strategy sets narrower TP/SL prices, resulting in shorter-term positions.
Direction:
Bullish: The strategy bets on price increases.
Bearish: The strategy bets on price decreases.
Q: How do I deposit funds to AutoTrader?
A: We only allow users to use AutoTrader with USDT as collateral. Users can deposit USDT from the blockchain or use the top-up function to deposit via credit card.
Q: Where can I see my actively running strategies?
A: Users can click the portfolio entrance arrow to see their actively running strategies on the portfolio page.
Q: What do I do if I want to monitor strategies?
A: Users can click the Favorite button on the strategy card, and then go to the portfolio page to check their watchlist.
Q: What are the key requirements for using AutoTrader?
A: Key requirements include:
- Before using isolated margin, traders have to first upgrade their futures wallets to a unified wallet.
- Only USDT can be used as collateral.
Q: What is the maximum number of AutoTrader bots that I can run?
A: Only 5 AutoTrader strategies are allowed to run for the same market simultaneously. There are no limits for the number of strategies that can be run across all markets.
Q: Why is my realized P&L different from what I originally set when I stopped the strategy?
A: Sometimes, due to market fluctuations or slippage in position prices, the final P&L upon stopping the strategy may differ from the expected values set by the user when he/she places the final order. We recommend thoroughly reviewing the Risk Control feature description before setting your order up, and implementing appropriate risk management for your strategy.
