This trading bot is a indicator based strategy that identifies trade opportunities long and short on DOGE.
Pure Bread is a sophisticated algorithmic trading bot designed exclusively for swing trading of DOGE. Using state-of-the-art analytical tools, Pure Bread scours market trends over extended periods to detect favorable entry and exit points. For those new to DOGE, it's important to note that the asset is highly volatile. This characteristic makes it ideal for swing trades, offering opportunities for both bullish and bearish stances.
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 Pure Bread 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 Short Bread as the strategy
- 2.Make sure the Bot Type is set to Single Entry Bot
- 3.Make sure the currency is set as Ethereum
- 4.Make sure you have your exchange you want to use, connected.
PB Setup 1-4
5. Name the bot (You can call it whatever you like) Make sure you select your DOGE Exchange Pair, it should be DOGE-USDT 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.
PB Setup Step 5
Click the create bot button and you are all set. Congrats! Your bot is now live!