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Multiple pairs bot

New feature allow traders to add multiple pairs to a single bot to enjoy the benefit of diversification.

Anna Smith avatar
Written by Anna Smith
Updated over 4 months ago

It is highly important to understand how the feature of the multi-pair bot works, thus all details are summarised below.

How does it work

This Feature will allow the user to send a single signal from Tradingview or Custom source server and it will open several positions on the pairs that were selected in the bot. All positions will be opened based on the bot parameters that you set and identical parameters will be applied to each position.

Max open positions

  • By default, there is a limit of 100 open positions per bot. Note, subscription plan max open positions limits apply.

  • Log view provides info on the max opened positions.

Max pairs per bot

  • The maximum number of pairs that you can select for each bot is 10 pairs.

  • If your bot has a limit for Max Open Positions then the bot will open only the selected number of strategies.

    • i.e. if you selected 8 pairs and already opened 8 positions and your max open position limit is 10 while the multiple entries are turned on, then on the next entry signal bot will open only 2 positions (selecting randomly 2 pairs from your list).

Other notes

  • With turned off multiple entries the bot will open only a single position for all selected pairs.

  • If the pair is removed from the bot, but the position still exists then the bot will close it on the next EXIT signal.

  • Swing trades will work for all the pairs that are selected within the bot settings.

    • EXIT signal close all related to bot positions and opens new positions in the opposite direction only for selected pairs in the bot.

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