French Toast Bot
Bot Description and Setup Guide
This trading bot uses a combination of technical indicators to help identify oversold opportunities on Bitcoin.
- French Toast (Long/Short) Trading Algorithm
- Averages 5-10 Trades per Month
Our French Toast algorithmic trading bot is based off custom technical analysis indicators we have created and perfected over the past 10 years. This bot is designed to capture momentum at low points within the intraday chart on Bitcoin.
This bot is a long/short strategy that historically takes 5-10 trades per month and typically trades last 1-7 days. Our custom technical analysis indicators were crafted to find oversold moments near intraday support and then capture and ride the upward momentum to a preset percentage based sell point. Our sell points are predefined by our team that has rigorously tested the strategy for over 6 months and identified the optimal percentage based sell performance.
Once you have subscribed to the strategy you will need to create and setup the bot. Each bot has specific settings required to achieve optimal results. Here is how you should setup the French Toast bot.
First thing you want to do is click create bot in your Astrabit dashboard. It will bring you to the screen below in which you want to make sure the following settings are correct:
- 1.Select French Toast as the strategy
- 2.Make sure the Bot Type is set to Single Entry Astrabit Bot
- 3.Make sure the currency is set as Bitcoin
- 4.Make sure you have your exchange you want to use, connected.
FT Strategy Steps 1-4
5. Name the bot (You can call it whatever you like)
Make sure BTCUSDT is set and status is Enabled
Set how much of your account balance you would like to allocate to the bot
Decide if you want to use leverage(This bot can do up to 3x Leverage)
6. The last step is Risk Management, this bot already has preset take profit and stop losses levels, so you can leave all these settings unchecked. You can manually override our take profit and stop loss levels however know that your results may vary if you do so.
Click the create bot button and you are all set. Congrats! Your bot is now live!
FT Strategy Steps 5-6
Last modified 1mo ago