This article shows an example of setting up a bot at Binance exchange with pair auto switch based on results of volatility, as well as provides the statistics of bot’s performance. Details of setting up the automatic pair selection can be found in the “Automatic switch of cryptocurrency trading pairs” article.
About the bot
This bot was created on 2018-10-11 and until today (2019-06-06) successfully operates at the Binance exchange. Regardless of the rapid currency rates variations at the cryptocurrency market during the past half a year, the bot continues providing satisfying financial results. Income-to-deposit ratio of 36% throughout the entire period. Bot did not remain idle and was trading frequently in comparison with bots without automatic switch of trading pair (total of 749 successfully completed cycles). Besides that, the most important fact is that bot did not switch to “Investor” position.
Deposit: 0.1 BTC
Pair: any currency/BTC (we provide auto selection, hence you can select any pair to BTC)
Algorithm: Long (buy first and sell after)
Don’t forget to buy BNB for successful bot performance.
Start filters – enabled:
Automatic switch of trading pair – enabled:
Pair switch is based on the result of settings of the volatility analyzer; filter of blacklisted coins is available (possible to use the template). Pay attention to PUMP/DUMP filters settings. Make sure to use such PUMP/DUMP filters as in the example (24 and 48-hours verification), so that the bot doesn’t switch to the overloaded trading pair.
Total cycles: 3571
Total profit: 0.03726367 (BTC)
% Profit: 35.96%
Download full statistics from 2018-10-11 to 2019-06-06: bot statistic
Is these bot settings still profitable? Suggestions?
Yes, they are still profitable
changing only the algo to short, will this work for short trading?
autoswitch works only with LONG algo (you BUY first with the second coin which is always the same – BTC. And with BTC you can buy any coin)
In algo short – you SELL your first coin in pair, and you cannot SELL for any coin
please read more about algo work https://revenuebot.io/faq.html#how-does-revenuebot-work
dos it work with binance futures?
yes, please use “binance futures” or “binance futures coin” in exchange field
Hello, yes it will work with a smaller deposit. The minimum deposit for work is approximately the equivalent of 300-400USD.