One of the outstanding features of REVENUEBOT is the ability to automatically switch the trading pair of the bot.
The volatility of any trading pair is inconsistent. Sometimes price fluctuations are frequent and the bot makes a lot of profitable deals, while at other the price stands still and the bot is forced to stay idle. Also, the bot can become idle if the initial trading pair does not pass the start filters. To ensure that the bot is not idle while waiting for good volatility on the current pair, we have made automatic switching of the trading pair.
Read more about automatic switching of a trading pair here and here.
We have performed many different bot simulations (backtests) and revealed the best bot settings for Huobi Spot with automatic trading pair switching.
If you want to know how to use the bot to automatically switch trading pairs, using the LONG algorithm on the Huobi Spot exchange with a deposit of 500USDT, we will show you an example of how to set up the bot in this article.
Below you can see our preferred settings, which minimize the risks when trading. You can skip the settings that are not shown in the screenshots, for a complete list of settings and a detailed description you can find here.
Learn more about how RevenueBot works and what algorithms are available.
You can create and edit your bot in the Bots tab.
To set up a new bot, open the Create Bot menu.
Learn more about how to start the bot, how to manage the bot, how to stop the bot urgently, how to delete the bot.