How to Use the Algo-Trading.app
Welcome to our Algorithmic Trading Application, a platform designed to help you automate your cryptocurrency trading strategies. Follow this guide to get started and make the most of our features.
1. Setting Up Your Strategy
Basic Settings:
- Symbol: Enter the cryptocurrency pair you wish to trade (e.g., BTCUSDT).
- Initial Leverage: Set your leverage ratio (1~20x). Note: Higher leverage can amplify profits but also increases risk. Please set according to your risk tolerance.
- Balance Percentage: Specify the percentage of your capital to use for trading (1~100%).
- Data Interval: Choose the time interval for candlestick data (e.g., 5m, 15m, 1h, 4h, 1d).
Technical Indicator Settings:
Toggle each indicator on or off and adjust weights and parameters to fine-tune your strategy:
- MACD: Set weight and periods for Fast, Slow, and Signal lines.
- Stochastic Oscillator: Configure weights and periods for %K and %D lines.
- Customize other indicators like CCI, SAR, ADX, RSI, etc.
Risk Management Settings:
- Rolling Window: Apply more weight to recent data. Set the window size (1~24).
- Stop Loss Score Threshold: Set a score threshold to limit losses (1~20).
- Trailing Stop: Protect profits with a dynamic stop loss. Set the trailing stop percentage (1~100%).
- Support & Resistance: Use key price levels for entry and exit. Set minimum price gap percentage and lookback period.
- Take Profit: Automatically close positions at target profit levels. Set the take profit percentage (1~100%).
2. Running a Backtest
After configuring your strategy, click the "Run backtest" button to test it against historical data. The results will display metrics and charts to help you analyze performance.
Analyzing Backtest Results:
- Initial Balance: Your starting capital for the backtest.
- Final Balance: The ending capital, indicating overall profit or loss.
- Total PnL: Percentage of profit or loss over the backtest period.
- Max Drawdown: The maximum observed loss from a peak to a trough.
- Win Rate: Percentage of profitable trades.
- Total Trades: Number of trades executed during the backtest.
Use these metrics to evaluate and refine your strategy. Consider adjusting parameters to optimize performance and minimize risk.
3. Starting Live Trading
Once satisfied with your backtest results, you can deploy your strategy for live trading.
API Key Setup:
- Obtain your API_KEY and API_SECRET from your exchange account.
- Note: Your API keys are sensitive information. They are used directly for API calls and are not stored in our sessions or database. Ensure you keep them secure.
Executing the Trading Bot:
- Click the "Execute Algorithmic Trading with These Parameters" button.
- Monitor the bot's status on the "Trading Status" page, where you can also view real-time logs.
Continuous Monitoring: It is crucial to monitor your trading bot regularly. Connection issues or system errors may occur, so being vigilant allows you to respond promptly.
Stopping the Bot: You can stop the trading bot at any time by clicking the "Stop Trading" button.
4. Benefits of Using Our Service
- Efficient Strategy Testing: Quickly validate your strategies with backtesting, saving time and resources.
- Automated Trading: Respond swiftly to market changes, helping you seize more opportunities.
- Customizable Indicators: Leverage a variety of technical indicators and risk management tools.
- User-Friendly Interface: Easily navigate and configure settings with our intuitive UI.
- Secure: Your sensitive data is handled securely, ensuring peace of mind.
- Continuous Updates: We are constantly adding new indicators and risk management features to enhance your trading experience.
5. Plans and Pricing
We offer several plans to suit your needs:
- Free Plan: Basic backtesting features.
- Backtester Plan: Increased backtesting limits.
- Trader Plan: Access to live trading bot functionality.
Visit our Pricing Page for more details.
6. Important Notices
Risk Disclosure: Algorithmic leverage trading can result in significant profits but also carries substantial risk. Market volatility may lead to losses. Past performance does not guarantee future results. Trade responsibly and only invest what you can afford to lose.
System Reliability: Monitor your trading bot to address any potential issues such as exchange connectivity problems or system errors promptly.
Security: Keep your API keys and personal information secure. Do not share them with others.
7. Customer Support
If you need more information or assistance, please check out our FAQ page for detailed answers to common questions. You can also contact us directly:
- Email: contact@algo-trading.app
Join our community forum to share strategies and insights with other users.
We hope this guide helps you navigate our platform effectively. Experience more efficient and strategic trading with our automated solutions!