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.
Any currency’s volatility is unstable. Sometimes the volatility is high, and the bot makes many profitable deals. Sometimes the price doesn’t change, and the bot has to idle.
The bot may also end up idling if the initial trading pair doesn’t correspond with the start filters.
To avoid bot downtime, we’ve implemented automatic trading pair switching.
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