• Candle Effect

Strategy Template Setup on Cryptohopper

Updated: Apr 15

After you created the bot go to Config -> Baseconfig


1. Basic Settings

Give your hopper a name and activate Live Bot


Give your Cryptohopper bot a name and activate Live Bot

2. Exchange

Select your exchange (Binance or Kucoin) and enter your API and SECRET key so Cryptohopper can trade for you on the exchange.

- Use ticker rate: Select Highest bid / Lowest ask


Select your crypto exchange

3. Notifications

If you want notifications on your desktop, select the ones you would like to receive.


Select desktop notifications

4. Buy Settings

- Order Type : MARKET - you will buy exactly when the strategy makes the signal

- Max Open Time Buy: 5 - if you selected MARKET, this setting is actually irrelevant

- Max Open Positions: 10 - this indicates how many signals you will have open in the same time. We selected the positions according to OUR actually available USDT. If this is your first time using our strategy it is best to try for 1-2 days with fewer open positions (2-5), depending on your available USDT

- Max Percentage Open Positions Per Coin: Select the number that will give you RESULT = MAX 1 OPEN POSITION PER COIN

- Enable Cooldown : DISABLED

- Only 1 Open Buy Order Per Coin: ENABLED

- Only Buy When There Are Positive Pairs: DISABLED

- Auto Merge Positions : ENABLED



5. Coins and Amounts

- Quote Currency: TETHER | Don't forget to press CHANGE, otherwise the setting won't be saved

- Allowed Coins: for now our strategy works with the following coins, please be sure to select them all from the available coins list:


AAVE, ADA, ALGO, ALICE, ANKR, ANT, API3, ATOM, AVAX, BAT, CAKE, CHR, COCOS, COMP, COTI, CRV, CVX, DAR, DASH, DENT, DOT, DUSK, ENJ, ENS, EOS, FIL, FLOW, FTT, GALA, GRT, HBAR, HNT, IOST, IOTA, JST, KDA, LINK, LRC, LTC, LUNA, MANA, MATIC, MBOX, MDT, MINA, NEAR, NEO, OMG, ONT, PEOPLE, QTUM, REEF, RNDR, ROSE, RUNE, SAND, SNX, SOL, SRM, SUN, SUSHI, TFUEL, THETA, TLM, TRX, VET, VOXEL, WIN, XLM, XTZ, YFI, ZEC, ZIL, ZRX


OR


AAVE, ADA, ALGO, ALICE, ANKR, ANT, APE, API3, ATOM, AUDIO, AVAX, AXS, BNB, C98, CELO, CHR, CHZ, COCOS, COMP, COTI, CRV, CVX, DAR, DASH, DENT, DOT, DUSK, DYDX, ENJ, ENS, EOS, FLOW, FTT, GALA, GRT, HBAR, HNT, IMX, IOST, IOTA, KDA, KNC, LINK, LRC, LUNA, MANA, MBL, MBOX, MDT, MINA, NEAR, NEO, OCEAN, PEOPLE, QTUM, RNDR, ROSE, RUNE, SAND, SHIB, SNX, SOL, SUN, TFUEL, THETA, TLM, TRX, VET, VOXEL, WIN, XTZ, ZEC, ZIL, ZRX


- Percentage buy amount: 0

- Minimum USDT amount per order: 200 USDT - this is our comfortable setup for now, but for start you SHOULD select 15 (please see the end of the article for more info about this - VERY IMPORANT). This also depends on your total available USDT and how much you want to invest. Remember to take account on how many open positions you selected and that you will need to select DCA further on.

- Force minimum buy amount: CHECKED



6. Strategy

- Choose the strategy you want: Slow & Steady, Chicken Run, Turtle Hero or Bunny Money

- Signals Only: DISABLED

- Number of targets to buy : 2 - the bot will choose the best 2 signals from all signals it receives



7. Trailing Stop Buy

- DISABLED


8. Sell Settings

- Take profit at (this is where we found out that the signals gives the best profit)

- Slow & Steady -> 1%

- Turtle Hero -> 1%

- Bunny Money -> 1%

- Chicken Run -> 0.7%

- Order type: MARKET

- Max open time sell: 5 minutes



9. Sell Strategy

- All options DISABLED


10. Stop Loss - DISABLED


11. Trailing Stop-Loss

- ENABLED: ON

- Arm trailing stop-loss at: 0.65 - at 0.65% the bot will start to follow the price upwards and if it falls with even 0.01% (set this below) the bot will sell

- Trailing stop-loss percentage: 0.01

- Only sell with profit: ENABLED



12. Auto-Close

- DISABLED


13. Shorting

- DISABLED


14. Dollar Cost Averaging (DCA)

- Enabled: ON

- Order type: Market

- DCA after X time open: 5 Minutes

- DCA max retries: 3 - will have 3 extra safe steps

- DCA set percentage trigger: 3 - this is the percent every time the bot will buy again when the coin drops this percentage

- DCA buy immediately: ON

- DCA order size: Triple Down



* VERY IMPORTANT


To conclude the USDT you will need to have available with our settings is this:


- 200$ initial buy + DCA1 400$ + DCA2 1200$ + DCA3 3600$ = 5400$ / Position x 10 Positions = 54000$


You need to adjust this numbers according to YOUR OWN available funds.


Lets say you want to play it safe and use 15$ per signal

- 15$ initial buy + DCA1 30$ + DCA2 90$ + DCA3 270$ = 405$ / Position x 10 Positions = 4050$ Total needed funds. Of course you can have less positions opened so the total amount needed will be less.


BE VERY CAREFUL! It is up to you to set this as you need. If you need help contact us and we will help you setup according to your available funds.








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