Frequently Asked Questions

How to configure your own custom strategy

You can now go to Configuration > Client > Strategy > Entry/Take-Profit and then choose the Add Custom.

After saving the custom strategy, you'll be able to see that next to the other strategy options. click the strategy if you want to activate after creation.

Basic Bot Settings and Information

Portfolio Page: This page shows you a detailed overview of your connected exchanges and
current holdings per exchange. At the top you can see your total BTC Balance and next to each
exchange name you can see the total BTC Balance for that particular exchange. In parenthesis
next to the trade you can see the 24 hours percentage change or leverage if it is a margin trade.

Signals: This page allows you to open your own your desired exchange manually directly
through telegram. After clicking publish you can enter free text in the format shown. You also
have the ability to cancel and edit trades from this page.

Trades: This page allows you to view all your open trades or view a history of your closed
trades. If you click open trades it will display all the open trades, sorted by exchange. At the
top it displays your total gain / loss for all open trades and again broken down below it by
exchange. It parenthesis it displays the total percentage gain or loss for this particular trading
pair.

History trades shows you a history of all the trades made on all your exchanges. At the
top it displays the total gain/loss of the trades and below it you have the option to select
specific trades for a more detailed view.

Orders: On this page the bot allows you to create any order you desire as long as it is available
for the exchange you are choosing. The bot will walk you through the steps and multiple
screens and options will appear ranging from entry order to take profit and stop orders.

Exchange Status: This page shows you the status of all the exchanges. This page is used to
determine if each exchange is fully functional.

Configuration: This page is used to set the default values used in the trades you create. There
are multiple setting options including exchanges, channels, trailing stops, strategies, leverage,
number of entry targets, stop limit settings and even notification alerts. Each setting can be
customized on a per exchange basis so long as the exchange has the settings available. For
example, Binance will not have the option to adjust leverage since it is not offered by them at
this time.

Auto Trading: This page allows you to select which exchanges and which channels you would
like to subscribe to which allows the bot to open and close trades automatically based upon the
parameters published by our traders. You can set up multiple changes and subscribe to
different channels for each exchange.
If you have any additional question please consult our Youtube page with more detailed
instructions.

 

We can be found at:
https://www.youtube.com/channel/UCNT1NkfVWJbAxqkAFYwEnMA
You can also contact us on telegram @VerifiedCrypto or view our help pages here:
https://verifiedcryptotraders.com/member-area/

BitMEX Recommended BOT Configurations

?Configuration > BitMEX > Import Configuration > VCT Margin > Default Configuration

Default Bot Configurations that you can adjust

Configuration > BitMEX:

Trailing > Entry > Without (Override: No)
Trailing > Take-Profit > Without (Override: No)
Trailing > Stop > Percentage (6.0%) (Override: No)
Stop Limit Price Reduction > 2.0%
Default Stop > Without (Override: No)
Stop Type > Market
Number of Entry Targets: 4
Entry Strategy > Decreasing Exponential (Override: No)
Take-Profit Strategy > Decreasing Exponential (Override: No)
Amount per Trade > Percentage (10%) (Override: No)
Override Signal Configurations > Yes

* Override means that it will use personal configuration instead the one is defined under the signal

 

Configuration > Binance:

Trailing > Entry > Without (Override: Yes)
Trailing > Take-Profit > Percentage (1.0%) (Override: Yes)
Trailing > Stop > Percentage (6.0%) (Override: Yes)
Stop Limit Price Reduction > 2.0%
Default Stop > 6.0% (Override: No)
Number of Entry Targets: 3
Entry Strategy > Decreasing Exponential (Override: Yes)
Take-Profit Strategy > Decreasing Exponential (Override: Yes)
Amount per Trade > Percentage (8%) (Override: Yes)
Override Signal Configurations > No

* Override means that it will use personal configuration instead the one is defined under the signal

Override settings Platinum Plus service for the BOT

For Platinum Plus please adjust the following settings:

Override MUST be disabled; Main menu config, name of client (exchange) for Platinum, Override Signal Config, If the menu shows Enable it's disabled already.

Note: Override Disabled means the bot will bypass your personal settings like leverage, instead the bot will apply the settings in the signal, which is the purpose for Platinum Plus.

 

How to connect a new BOT account for the Gold/Margin/Platinum channels?

If you haven't done so yet, first of all connect the Bot with your exchange(s) (Clients):

- Make an API on your exchange account page. Enter a custom name, leave CIDR blank, permissions ORDER and Create API Key

In your Bot's channel:

- Main menu, Configuration, General, Client Management, Add, Choose the exchange you'd like to add (e.g. Bitmex, Binance), Enter custom name or choose suggested, Enter the API and SECRET in this format APIxxxxxxx, SECRETxxxxxxxxxx followed by choosing SEND

Instructions for setting up the Auto Bot:

- First you need to let the Bot know what your location is. You may need to do that with a mobile device as GPS may be used. Open GPS by choosing the paperclip on Android or the 4 dots bottom right for IPhone.
Chinese and US citizens are excluded for use of the Auto Bot, if you're using a VPN outside of these countries make sure it's not connected to one of them either.

Then follow these steps closely:
- From the Bot's main menu, choose Auto Trading with the fire icon
- Choose the client (exchange) you'd like to adjust the settings for
- Subscribe a channel, VCT Gold, VCT Margin and/or Platinum
- Choose client-client name-Configuration

- Only for Margin/Gold: Here you can set the amount of trades you want to have open at once and the trade amount it has to use per trade

- Finally, from the main menu, choose Auto Trading again, Choose client, i.e. Binance/Bitmex, Enable. (If the menu shows Disable it's enabled already) Repeat this for every exchange you'd like to Autotrade with. For Platinum Auto Trading should always be enabled.

- For Platinum Plus Override MUST be disabled; Main menu config, name of client (exchange) for Platinum, Override Signal Config, If the menu shows Enable it's disabled already
(Override Disabled means the bot will bypass your personal settings like leverage, instead the bot will apply the settings in the signal, which is the purpose for Platinum)
- Sometimes it may be needed to click One Click Follow under a call to get fully Auto Trade running for the first time.

How do I configure my own preferences for the auto trading bot?

First you need to let the Bot know what your location is. You may need to do that with a mobile device as GPS may be used.

  • From the main menu, choose Auto Trading with the fire icon
  • Choose the client (exchange) you'd like to adjust the settings for Subscribe a channel, Gold and/or Margin
  • Choose client-client name-Configuration
    Here you can set the amount of trades you want to have open at once and the trade amount it has to use per trade
    Sometimes it may be needed to click One Click Follow under a signal to get fully Auto Trade running for the first time
How do I enable the autotrader

In order to set up the autotrader, you need to do the following.

 

- From the Bot's main menu, choose Auto Trading with the fire icon
- Choose the client (exchange) you'd like to adjust the settings for
- Subscribe a channel, VCT Gold, VCT Margin and/or Platinum
- Choose client-client name-Configuration
Here you can set the amount of trades you want to have open at once and the trade amount it has to use per trade
Finally, from the main menu, choose Auto Trading again, Choose client, i.e. Binance/Bitmex, Enable. (If the menu shows Disable it's enabled already) Repeat this for every exchange you'd like to Autotrade with.

How to setup the automated version of the BOT

The bot will automatically follow after every signal, edit, cancellation in your behalf which is great for people who works full time job or those who just don’t have much time to be in front of a device and don’t want to miss anything.

In order to config that:

First, choose the Trade amount under the Configuration > Trade Amount section
That will define how much you want to invest in every signal.
Second, go to Auto Trade section, send your location, if approved choose a client and a channel to subscribe to and you’re done.

How to create a signal with free text

Instead of navigating to the Trading bot and create your trade step by step using the buttons of the bot. It's also possible to copy a 'free text' into the bot.

To do so:

Go to the bot: Trades --> Create --> Free Text .

Now the bot asks you for a template. Please use the following template as an example and adjust it to your needs:

Long

ltch19
bitmex
buy 38500 - 39100
sell 39799, 39851, 40111
stop 35700
leverage 10

 

Short

TRX/BTC
Exchange: BitMEX
Leverage: 10.0X

entry 608 - 620 - 634 - 647 - 660

sell 593 - 585

stop-loss 690

Still having questions? Don’t hesitate and use the form below to submit your question!