Here is a step-by-step guide on how to add a new bot on RobotaLife:
- Name: Choose a unique name for your bot. This will help you easily identify and manage your bot, among others.
- Exchange: Select the exchange account that your bot will utilize for executing trades. This determines the platform your bot will interact with for trading.
Read more about exchanges
- Pair: Choose the specific trading pair that your bot will focus on. Selecting the appropriate pair allows your bot to analyze and trade specific combinations of assets or currencies.
- Strategy: Determine the strategy type for your bot. You can choose between Long and Short strategies. Long bots aim to profit from rising prices, while Short bots aim to profit from falling prices.
- Access: Decide whether you want to make your bot public or private. Public bots are accessible to other users on the RobotaLife platform, while private bots are limited to your personal use.
- Leverage Type: If applicable, select the type of leverage you want to apply to your bot. Leverage allows you to amplify your trading position by borrowing additional funds. Choose the appropriate leverage type based on your risk appetite and trading strategy.
- Leverage Custom Value: If applicable, set a custom leverage value for your bot. This lets you specify a specific leverage ratio based on your preferences and risk management strategy.
- Usage: Specify the maximum amount that non-traders can use with your bot. This helps you control the exposure of your bot to users who do not have trading expertise. Set a limit to ensure responsible usage.
- Monthly Bot Subscription: Set the subscription amount for your bot if you plan to make it available for public access on the RobotaLife bot store. This is the amount users will pay every month to access and use your bot. Please note that RobotaLife charges a 50% commission fee from the subscription amount.
By providing the necessary information in each field, you can create a bot on RobotaLife tailored to your trading preferences and objectives.
Trader Panel Topics
What is Trader Panel?
What are bots?
How to add a bot?
Trader Panel FAQs
- How do I access the trading panel on RobotaLife?
- What information is displayed in the trading panel?
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