Training Material
After read everything from here, you can directly control our MM bots
Last updated
After read everything from here, you can directly control our MM bots
Last updated
Liquidity Support
Liquidity bot's key purposes are to provide liquidity with buy/sell orders and tightens the spread to prevent arbitrage bots steal orders from the volume bot. The image above shows the default parameter setup, where 0.5% on both sides adds up to 1% spread, which is the distance between our buy1 and sell1 orders, this 1% spread is also your profit margin to make profit from the active trading activities; also for a total amount of $200 in trading will cause price to slide up or down 10%; a total amount of $200 across 20 positions means each position (order size) = $10, which is a relatively small liquidity. We also recommend notifications value of $200 to be kept consistent with the total amount value as this will create a notification in the telegram group when price fluctuates 10%. We usually recommend liquidity account to hold at least 10x of the total amount you set, so our liquidity bot can take up to 10 consecutive hits in a single direction. This is the most important bot and you need to ensure there is sufficient funds in this account to keep it running 24/7, our liquidity bot has equipped with many anti-arbitrage strategies and is able to protect you from all kinds of arbitrage attacks. Once liquidity bot shows insufficient balance notification in the telegram group, you should immediately top up the side that is out of funds. Once the bot is completely out of fund, then the bot will pause and will leave you with a big spread and volume bot exposed to arbitrage attacks. You will get an insufficient balance notification in the telegram group if the liquidity account has less than 50% of what you set on the total amount value.
Our liquidity bot operates in iterations every minute, so once you have turned on the liquidity bot, you should see the orders on the orderbook within 1 minute. Please note that liquidity bot starts off at the mid point of buy1/sell1 orders on the orderbook, so you should control the starting price by create a limit orders of buy1/sell1 manually. Eg. If you want the liquidity bot to start off at $1, you should first insert a buy order at $0.9 and a sell order at $1.1, so the mid point is $1, then start the liquidity bot.
Important note: If the liquidity bot paused due to insufficient balance, before you make a refill, make sure to look at the orderbook to identify the mid point as the starting up price. Insert buy1/sell1 orders manually as necessary before the refill. Once asset is refilled into the liquidity account, the liquidity bot will auto resume.
Notifications Explained
Liquidity Support Insufficient Balance
When your liquidity support account has less than 50% of your set Total Amount value on either buy or sell side, it will trigger this notification for you to top up more assets into liquidity support account. Once the bot doesn't have enough asset to place any orders on any side, our bot will cancel all orders to avoid being arbitraged. After you refill assets, the liquidity bot will automatically start again, but before you make refill, make sure to double check the orderbook for midpoint of buy1 and sell1 to make sure the liquidity bot is starting at your desired price.
