Create an investment bot

Overview

This article provides all the necessary steps to create an investment bot using  Anny's algorithms.

 

Target audience

Bot traders and lead traders that use algorithms bots (copy trading).

 

Pre-requisites

• Connected exchange
  
• Enable copy trading. Follow this link to learn how.

Create an investment Bot

Objective: you will create an investment bot that uses algorithms as the signal engine.

Instructions: from the Dashboard tab, select the Bots section from the menu on the left and then click on Create a bot.

1. Bot type selection: choose the type of bot you want to create, which in this case would be Invest since the signals will be for your own investment or copy trading.
   
   
   
   
2. Create a strategy: choose a group of indicators for your bot to assess. Drag and include the indicators you wish the bot to observe within the indicator's "event trigger" and "confirmations" sections.
   You have the flexibility to modify the parameters of each indicator, such as Periods, Candle, Condition, and expected value.
   You can establish both entry and exit (liquidation) strategies.
   Additional notes on the exit strategy:
   
   • The exit is only executed if the bot initiated the entry.
   • Once an exit condition is met, a liquidation signal will be fired, and your position will be closed, regardless of whether it's in profit or loss.
   • Exit conditions are not mandatory.
     
     
     
     

3. Automation settings: specify the setup for signal parameters, particularly outlining the automated entry and exit criteria.

   • Entry (Auto Invest)
     
     
     

     • Allocated capital: choose the coin (BTC, USDT or BUSD) and define the maximum amount that can be allocated across active signals from a bot or signal group.
       Allocation is considered without leverage.
     • Position size: the investment amount allocated to a position, either by fixed risk or fixed investment, relative to the total allocated capital. To learn more, click here.
     • Limit (allocation and risk): to further manage your risk exposure, you can define a maximum risk limit for your allocated capital in active trades.
     • Account: spot or futures.
       For Futures signals define also the margin, position side, and leverage.
       
     • Entry mode (market or advanced DCA)
       
       
   • Exit (price targets): you have the option to be just notified or automatically execute.
     
     
     
     • Stop-loss
     • Targets: add up to 5 targets
     • Trailing take profit: create a specific trailing take profit strategy for this bot.
       
       

4. Compose your portfolio: define the set of symbols that your bot should monitor.
   Select the exchange, the currency (BTC, USDT, or BUSD), and the account type (Spot or Futures). Drag and add the symbols you want the bot to monitor into the portfolio area.
   
   
   
   

5.  Launch: Review your data, define the recurrency, name it and your bot will be ready to be launched.

 

Common issues

• The strategy is being reached, but Anny isn't generating the signal.
  Please take note of the number of indicators you've selected, as all parameters must align simultaneously for a signal to be generated.
  Keep in mind that the more indicators you incorporate, the more challenging it becomes to trigger signals.
  
  
• A signal was accepted but the investment wasn't executed.
  There could be various reasons for not entering a position, such as API issues, insufficient balance, or auto-invest being turned off, among others. To promptly resolve any obstacles to successful trade entries, regularly monitor your positions and stay attentive to Anny's notifications.
  How do I check why I didn't enter a position?
  

 

Additional resources

• Monetize your signals, by creating a group and adding a subscription or a profit sharing plan. Click here to learn more.
• Backtest your signals and check if they are correctly firing.
  In order to test if the Bot is firing and distributing the signals accordingly you can test it allocating a very small amount so you can receive the signal but NOT enter it.