Scanner Bot

Scanner Bot is aiming to increase your specified Base Coin, it connects to an exchange and constantly scans the available pairs associated to the Base Coin based on the signals it receives to seize the opportunity for opening a position. All you need to do is specify your closing position strategy in order to take the profit and manage the risks.

You can create multiple bots, but only a limited number of bots can be powered on to run at the same time which subjects to your subscription plan. This gives you the opportunity to try different strategies at the same time, you can always archive your bot and start fresh with a new one.

Also paper trading is provided for you to experiment your ideas risk-free.

Step 1 - Bot Initialisation

Give it a Name to distinguish it from other bots you might run in parallel, and choose the Exchange connection, then the list of Base Coin will appear for you to select from, this will be the currency you'd like the bot to increase, and you need to allocate fund to the bot which is isolated from your total account balance for this bot to use only.

Step 2 - Take Profit and Stop Loss

Scanner Bot opens the position based on the scanning signals it receives, you only need to manage your closing position settings with static or dynamic take profit and stop loss, here are more details about how they work:

• Static Take Profit and Stop Loss and Trailing

• Dynamic Take Profit and Stop Loss

Step 3 - Auto Termination

Crypto market is always changing, you might want to review your strategy after a few rounds of take profit or stop loss, you can choose to receive a notification when it happens, and power it back on or archive it afterwards.

Step 4 - Power On

Don't forget to power the bot on once it is all set, it might take a little time to warm up and start running, all the bot activities can be viewed in the Activity History area.