🔗Create a Copybot Page
The Create a Copybot Page is where you set up and activate your Copybot
This page allows you to configure a bot with your preferred settings and connect it to your exchange.
Here's a detailed description of how to set up a bot.
🔧 Setting Up a Copybot
To set up a Copybot, locate the form on the left side of the Create a Copybot page.
Enter a unique, memorable name for your bot, then select from one of your connected exchanges.
If you haven’t connected an exchange yet, click Add a new exchange below the dropdown to do so.
📈 View Personalized Backtest Results
To the right of the form you can view detailed results of backtesting the selected strategy on your wallet.
Use the Initial Balance input field to change your starting balance.
Use the chart to observe changes in your Percentage Return and Account Value over time.
You can view the Net profit%, Actual Net profit, and Max Drawdown% beneath the chart.
Click the Next button to continue.
Choose a Leverage Type.
Dynamic Leverage adjusts based on market conditions and other settings. For instance, more leverage might be used when the Stop Loss is tighter.
Static Leverage remains fixed at a level you set.
Next, set your Leverage Level anywhere between 1x and 200x. Higher leverage increases potential gains but also risk.
Select a Position Size Type. You can choose between:
USDT: A fixed amount per trade.
Percentage of Portfolio: Allocates a percentage of your total account balance.
Enter the Margin Amount to allocate per trade. The minimum margin amount is usually 25 USDT when using static leverage.
Click Next to continue.
You can enable Safety TP/SL (Take Profit and Stop Loss.) for additional risk management.
Your margin amount is not your maximum risk; only your stop-loss settings determine actual risk! Always review your leverage and margin allocation carefully to avoid excessive risk.
Finally, agree to the Terms of Service, then click Activate Bot to activate the bot.
📋 Managing Your Bots
Once activated, your bot appears under My Bots on the left side of the page. This section provides details such as:
Name: The bot’s assigned name.
Running Since: The date the bot was activated.
Condition: The current status of the bot.
Exchange: The linked trading platform.
Click the More Options menu next to a bot for additional options. You can pause, delete, or view logs to track performance.
Regularly check the My Bots section to monitor your bots' performance and adjust settings if necessary.
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