Fully copy an expert by subscribing to signalers who send out trading signals on which your bot can trade automatically on. We offer a marketplace where you can easily judge the performance of signalers. You don’t need to follow the sell signals they send, but you can also Semi copy a trader. Use the Stop-Loss to protect against deep losses, and let the Trailing Stop-Loss help you sell on the right moment.
Templates are preconfigured Hoppers that have these settings setup already for you.
Do you want more control? Strategies are basically packages with algorithms that scan the markets for you. You can backtest these strategies to see if they perform well in the current market.
Setting up a copy trading bot
First, create a Hopper and connect it to your exchange account. Not sure how? Read our "Get Started" manual.
Next, go to the marketplace and search for a signaler. Signaller all have their own profiles where their performance data is kept. You can see how many signals they’ve sent, if those signals made a profit and for which pairs & exchanges they send signals.
Make sure to check this when choosing a signaler:
Does he (or she) send signals for your exchange?
Does he send signals for your basepair?
What is the overall performance? What is the average profit/loss?
Check the coins for which he sends signals, then go to the config -> baseconfig -> coins & amounts and select the coins your signaler sends signals for. Traders with a Hero subscription can select “Allow all coins, so that they trade automatically on every signal they receive.
Some signalers offer their own templates. You can download and install them, so that your Hopper is configured as your signaler recommends.
Check if you have enough funds in your base currency (that’s often BTC or USDT). You can check this in your configuration. Your Hopper will use this base currency to buy assets.