Explain the Parameters of Martingale Robot

Initial Position Setting

Opening Direction: -Long: Robots that run long positions. -Short: Robots that run short positions. -Indicator hedge: The robot simultaneously opens long and short positions. It automatically adjusts position direction based on the indicator signals. -Indicator Direction: The robot will open position based on the indicator signals. After taking profit, it will wait for the next signal to determine

Leverage: Using leverage can be regarded as borrowing funds from the exchange to hold positions. The multiple of this position funds relative to the principal is the leverage, and increasing leverage will magnify profits and losses. It is recommended to keep the default value of 5x leverage for beginners.

Initial Positions: The size of the initial positions opened by the bot from the state of unopened position. It is recommended to keep the default value for beginners .

K-Line Period: The time interval of each candlestick. For example, 5 minute means each candle represents 5 minute of price action. Choose the period based on your trading strategy.

Opening Conditions: The robot monitors the market and only open positions when the preset condition is met.

Cover Position Setting

Max Order: It is the max number that bots are allowed to increase positions consecutively from the state of unopened position.

Indicators: Configure indicators, set covering position Indicators based on personal trading habits. (Trading Period/Price Range)

Max Order It is the max number that bots are allowed to increase positions consecutively from the state of unopened position.

Size Multiples The next opening amount is a certain multiple of the current opening amount.It means: the next opening amount = the current opening amount X “Multiples”.

Price Gap (%) Taking a long bot as an example,the positions will be increased if the market price falls by this preset percentage referring to the last opening price,otherwise,for short bots,the positions will be increased if the market price rises by this preset value. (It can be used in conjunction with “Trailing Stop”)

Trailing Cover(%) Take the long bot as an example,The positions will be increased when the market price retraces from the newly lowest price with the retracement percentage reaching the preset value and the market price meets the price gap percentage at the same time; For the short bot, the short positions will be increased when the market price retraces from the newly highest price with the retracement percentage reaching the preset value and the market price meets the price gap percentage at the same time.

Take-Profit Settings

Take-Profit(%) When the returns of the bot’s positions reach the preset value, the positions will be closed to take profits, and the bot will enter the next cycle. (Can be used in conjunction with “Trailing Profit”)

Trailing Profit (%) Take the long bot as an example,The positions will be closed when the market price retraces from the newly highest price with the retracement percentage reaching the preset value and the market price meets the take-profit percentage at the same time; For short bot, the short positions will be closed when the market price retraces from the newly lowest price with the retracement percentage reaching the preset value and the market price meets the take-profit percentage at the same time.

Running Settings

Running Mode: Cycle: The positions will be opened repeatedly after closing positions to take profits each time.Only after reaching the take-profit or stop-loss in preset cycle will the bot stop. Single: The bot will automatically stop after taking profits on all positions.

Take-Profit by Percent The bot will automatically close the positions to take profits and stop if the market price is higher than the preset price for a long position bot or if the market price is lower than the preset price for a short position bot.

Stop-Loss by Percent The bot will automatically close the positions to stop loss and stop if the market price is lower than the preset price for a long position bot or if the market price is higher than the preset price for a short position bot.

Take-Profit by Amount Realized PnL + floating PnL > the preset amount, the bot that meets above conditions will automatically close the positions and stop.

Stop-Loss by Amount Floating PnL < negative value of this preset amount, the robot that meets above conditions will automatically close the positions to stop loss and stop.