Integrating your cryptocurrency trading strategy into an automated trading robot is becoming an increasingly popular practice among traders. The CryptoRobotics platform allows traders to build a crypto trading bot, testing, and monetizing custom trading bots. In this article, we will discuss the process of creating a trading bot based on your strategy step by step.
Step 1: Go to the Robot Creation Section
To start, traders need to go to the "Algotrading" -> "Trading Robots" section on the CryptoRobotics platform and click on the "Add Strategy" button in the top right corner. This action grants access to the interface for creating and customizing a trading bot.
Step 2: Basic Settings
In the first stage, basic robot settings are determined, including the name, photo, choice of exchanges, and main coins for trading. It's important to note that up to three main coins can be selected from those available on the chosen exchanges.
Step 3: Upload the Robot's Avatar
Then, it's required to upload an image of the robot that meets specific criteria: PNG or JPG format, 200x200 pixels resolution, maximum file size of 150 KB. This step is optional until the robot is published on the marketplace.
Step 4: Signal Sending Setup
Further settings involve the sending of trading signals. You need to select a signal source and, if necessary, specify IP addresses for sending signals from external systems. After this, in the "URL request" block, you will receive an address for sending requests.
Step 5: Additional Parameters
The next stage includes setting up additional parameters, such as stop-loss, take-profit, and leverage. You can also configure advanced strategy parameters, including balance limit and transaction amount.
Step 6: Display Settings for Users
At this stage, you can choose which settings will be editable by users. It is recommended to restrict access to editing settings to maintain the effectiveness of your strategy.
Step 7: Moderation and Monetization
After completing all settings and successfully passing a 30-day trial period, your robot is ready to be placed on the CryptoRobotics marketplace. To monetize your strategy, you need to undergo a moderation procedure. Creating custom robots is only available with a PRO package, which varies from one to five custom robots depending on the subscription level.
Creating a trading robot on the CryptoRobotics platform allows traders not only to automate their trading strategy but also provides the opportunity to monetize it by selling to other platform users. This opens an additional income stream for experienced traders, contributing to the dissemination of their innovative approaches to cryptocurrency trading.
Moderation and Publication Process
Before the robot is available on the marketplace, it undergoes a moderation process. The CryptoRobotics platform pays special attention to the quality and reliability of the offered solutions, so it's important to ensure that your robot meets all the security and efficiency requirements. After successful moderation, the robot becomes available to all platform users, allowing you to start its monetization.
Support and Updates
An important aspect of your trading robot's operation is its support and updates. You will need to regularly check the robot's functionality and update it according to changes in the cryptocurrency market and platform requirements. This ensures that users who have purchased your robot are satisfied with its performance and will continue to use it in the long term.
Advantages of Integrating Strategy into a Trading Bot
- Automation: Integrating strategy into a trading bot allows for the automation of the trading process, reducing the need for constant market monitoring.
- Testing: The platform provides tools for testing your robot, helping to determine its effectiveness before launching in real trading.
- Monetization: Creating and selling trading robots opens new opportunities for earning from your strategy, making it available to a wide audience.
- Access to a Wide Audience: Publishing your robot on the CryptoRobotics marketplace gives access to a large user base interested in automating their trading.
Conclusion
Integrating a cryptocurrency trading strategy into a trading bot on the CryptoRobotics platform is a tool for traders wishing to automate their activity and open new sources of income. By following the steps outlined above, you will be able to effectively implement your strategy in the form of a trading bot and make a significant contribution to the trader community by providing them with a tool to increase their trading efficiency.
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