What are your favorite crypto trading strategies？
Answer I place my bot to cover the fluctuating area during the past 30-60 days, and then follow up a few times a day to see how far it has gone (look at the chart, place your order between the…
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Can you explain what is the release profit ?
Answer Release profit gives you an opportunity to take your benefit from market without stopping the bot, In fact still you can run the bot without getting out of market and earning more benefit.
Would it be possible to give a few examples of pairs which can be used for the ‘Low Liquidity – High Spread Grid Trading Bot’ strategy (which are available on Pionex exchange)?
Answer The future section was removed from pionex so you caan not create it, but there is a special option in pionex: leveraged tokens. You can select a leveraged token with maximum 3X. They are created in a form that…
Can you tell me were to look, for market making strategies?
Im aware that I can use tigh grids with hi volume of cash. but what else? its just like that? on telegrams said that for being market maker needs 100k. Answer There is not a certain site or source for…
What does backtesting annualised return for 7D mean? Does this mean that on an average the bot has given a return of this percentage amount over the last week?
Answer 7D performance , and multiply it by 52 to get annualized return. IF the market keeps behaving exactly like last 7d for over a year, you’ll get that result
What happens when : i click on "Realese profit"; I stop the bot. Differences between the 2 actions ?
Answer 1 – you release any grid profits you have made that are able to be released. 2- you stop the bot. It will return investments back to you +/- total profit and will not trade anymore.
Can I withdraw profit from multi coin rebalancing bot without closing the bot?
Answer No you can’t, rebalancing token is holding token. Withdrawing the fund means it needs to sell a portion of the bot. The profit is not generated in USDT so you cant take profit in usdt, you need to size…
I want to start my grid bot programmatically on certain external conditions. What is a way to do that? Are there any APIs to do that so that I can trigger bot after configuring bots parameters programmatically?
Answer No API. Pionex is it’s own exchange. However I can say I want a grid bot to start. From 40000 – 50000 and a trigger price when BTC hits 43267. Son it will only start when BTC hits 43267
When i stop DCA bot, i want bot sell all coins at market price automatic, how can i set?
Answer The feature to auto-close position for DCA Bot is not implemented yet, but you can manually sell the tokens in manual trades. Most DCA user using this bot to prepare a holding position , so they most likely will…
Basically its the spread in dollar amount between every buy or sell grid when using arithmetic grid
Answer Its not available in pionex, also showing that number would confuse users. Since fee trading is % based, isnt it more convenient to see the grid spacing in % too? In arithmatic , we have x ~ y %…