Creating Perps bots

Leverage Trading Bots - How to create automation with PERPs.

Setting Up a Perpetual Trading Bot

1. Accessing Perp Trading Bots:

   • Click on "Perp Trading Bots" in the left-side menu to access perpetual trading bot functionalities.

Important Note: Prioritize conducting thorough research on tokens before trading. Zotto holds no responsibility for losses resulting from insufficient research.

1. Entering the Perp Trading Bots Page:

   • Upon entering this page, you'll encounter a visual chart (default starts on Ordi Perps).

2. Configuring Your Perp Trading Bot:

   • Modify details on the right side of the chart:

     • Input the amount you want take the trade with

     • Set the leverage you want use for the trade

     • Toggle on the Take-Profit (TP) / Stop Loss (SL) to set how to exit the trade.

     • Choose a Condition (e.g, Ordi Price Increase).

     • Select additional necessary conditions; if none, move to step 4

3. Launching Your Bot:

   • Once all parameters are set, click 'Run Bot' to initiate your Perpetual Trading Bot.

Observing Your Portfolio:

• After opening a position, below the chart, monitor your portfolio with the following information:

  • Type: Indicates Long or Short, representing leverage type.

  • Size: Collateral multiplied by the chosen leverage amount.

  • Entry Price: The price at which the trade was initiated.

  • Current Price: Represents the current market price of the asset.

  • Liq. Price: Indicates the price leading to 100% collateral loss.

  • Take Profit: Indicates the percentage that will automatically close a position in profit.

  • Stop Loss: Indicates the percentage that will automatically close a position in a loss.

  • Unrealized P&L: Displays the portfolio's performance based on the asset's performance.

Actions:

• Close: Exit the position without waiting for the automation profit rule or conditions.