How to set trading settings in Bulk Manager in Crypto Hopper
This article explains the trading settings available in Bulk Bot Manager. Understanding these settings will help you manage trading operations efficiently across multiple bots.
What to consider when using the Massive Robot Manager trading settings
When using the trading settings, it is important to select one or more robots to ensure that the trading operations are executed. For more information on the robots overview, please refer to the documentation here.
All actions performed in the Trading tab of the Massive Robot Manager are performed based on the Baseconfig settings defined in each robot. For example, if you have set buy limit orders in the Baseconfig of one robot and market orders in another robot, the first robot will use limit orders while the second robot will use market orders. You can override the Baseconfig settings by enabling the “Market order” checkbox. The same principle applies to the buy quantities defined in the Baseconfig, where each managed robot may use different trade quantities.
Purchase
Setting “Buy” allows you to place buy orders for a specific currency in multiple robots.
Choose a currency
Select the currency you wish to purchase. If the currency is available in the quote currencies displayed in the selected robots, orders will be placed based on the purchase quantity settings in your Baseconfig. Always verify the availability of the currency on the selected exchanges before purchasing, as Cryptohopper displays all the currencies available on these exchanges.
Market order
By default, the robot will use the order type selected in your Baseconfig purchase settings. Enabling the “Market order” checkbox will cause all orders in all robots to use market orders.
Only if coins are allowed
By default, the robot will place buy orders on all selected robots. Check the “Only if currencies allowed” checkbox to ensure that no orders are placed on robots where the currency is not selected. Note that if the currency is not selected when placing orders, the positions will behave according to your Baseconfig settings for selling.
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To place buy orders on selected robots, click the “Buy” button. Please note that manual purchases will always override the Baseconfig settings for the maximum number of open positions and the maximum number of open positions for each currency.
DCA
The “DCA” setting allows you to place Dollar-Cost Averaging orders for a specific currency across multiple robots.
Choose a currency
Select the currency you want to DCA. If the currency is available in the quote currencies found in the selected robots and you already have an open position, DCA orders will be placed based on the DCA settings in your Baseconfig.
Market order
By default, the robot will use the order type selected in your Baseconfig purchase settings. Enabling the “Market order” checkbox will cause all orders in all robots to use market orders.
DCA
To place DCA orders on selected robots, click the “DCA” button.
Sale
The “Sell” setting allows you to place sell orders for a specific currency in multiple robots.
Choose a currency
Select the currency you want to sell.
Market order
By default, the robots will use the order type selected in your Baseconfig’s sales settings. Enabling the “Market order” checkbox will cause all orders in all robots to use market orders.
Selling pending placements
By default, the robots will not sell pending positions. Enabling the “Sell pending positions” checkbox will also result in the sale of pending positions.
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To place sell orders on selected robots, click the “Sell” button.
Robot settings
The “Robot Settings” category allows you to change settings that apply to the general buying and selling functionality of the selected robots.
Cancel orders
Click “Cancel Orders” to cancel all open orders to buy and sell the selected robots.
Panic mode
Click Panic Mode if you want to sell all your positions. The shorts will be removed, and the selected robots will stop running. Be patient as selling all positions can take some time. To ensure that you already have the most up-to-date information on the robots, perform a hard refresh of the page. The robots will need to be re-enabled if you wish to continue trading.
Location synchronization
Click Sync Positions if you want to sync positions that are not yet visible on the Cryptohopper dashboard, while you hold those coins in your exchange accounts.
Robot activation
Click “Enable Bots” to allow bots to receive information from your exchange accounts. When enabled, your open positions, open orders, and total assets in dollars (or other quote currency) will be updated.
Purchase activation
Click “Enable Buying” to allow robots to open (buy) positions automatically based on your Baseconfig settings.
Sales activation
Click “Enable Selling” to allow robots to automatically close (sell) positions based on your Baseconfig settings.
Robotic lifting
Click “Disable Bots” to prevent bots from receiving information from your exchange accounts. When disabled, your open positions, open orders, and total assets in dollars (or other quote currency) will not be updated.
Taking a purchase
Click “Disable Buying” to prevent robots from automatically opening (buying) positions based on your Baseconfig settings.
Sale taking
Click “Disable Selling” to prevent robots from automatically closing (selling) positions based on your Baseconfig settings.
By understanding and using these trading settings in the massive robot manager, you can effectively manage trading operations across multiple robots. If you encounter any issues or need further assistance, please refer to the Cryptohopper documentation or contact the support team for assistance.