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A bot from zero to running

Six steps through the setup. All eight bot types use the same layout — only the middle block with the strategy's own settings differs. Once you have done it, you can do it for every type.

What comes out at the endDiagram
Step 1 · Choose the type1 of 6

Via Trading Bots in the top bar you get to bot management, there click “New bot”. You see eight cards: Grid, Dynamic Grid, DCA, Confluence Engine, Scout Engine, Donchian Channel, Quorum Engine and Trend Guard.

Which one suits you is not written here but in the bot overview — there each has a fact sheet with strengths and with the market phases in which it loses. Read the second part. It is the more important one.

Step 2 · Market and period2 of 6
FieldWhat you enter
CoinThe market the bot should work on
PeriodFrom–to for the backtest. The longer, the more market phases it contains
Candle TF (backtest)On which timeframe it calculates
Timeframe (entry)On which level the bot will later decide its entries
NameFreely selectable — take something you will still recognise in three weeks

For the period, do not take only the last four weeks. A bot that has only seen one single market phase is tuned to exactly that phase — and it is the next one to end.

Step 3 · Stake, leverage, fees3 of 6
FieldMeaning
Amount (USDT)What the bot works with
LeverageMultiplies profit, loss and the risk of liquidation
Maker fee (%)Charged when a limit order sits in the book and gets filled
Taker fee (%)Charged when trading immediately at the market price
Slippage (%)Surcharge for the inaccuracy of execution
Take profit / stop loss (%)Target and stop per trade
Do not set fees to zero. It is tempting because the result immediately looks better. But a bot with many small trades lives or dies by the fee — a backtest without it answers the wrong question. The default matches the real rates.

The setup shows you two helper figures: Safe leverage — which leverage would have survived the worst price drop in the chosen period — and Required starting capital. Both are estimates from the past, no guarantee, but they keep you from the obvious mistakes.

Step 4 · Backtest4 of 6

One click, and the setting runs against the chosen period. Under Backtest result you find the result after fees, hit rate, profit factor, number of trades and MaxDD% — the deepest drawdown.

Look at MaxDD% and the count first. A result of +40 % is worthless if half the account was gone in between — in reality you would have switched it off before. And a hit rate of 80 % from twelve trades is an anecdote, not statistics.

With Show individual trades you expand the list. It is worth it: often the whole result hinges on two or three outliers — and then you know that the number above means nothing.

Step 5 · Top 50 and the cross-check5 of 6

Instead of trying by hand, the optimizer calculates the combinations systematically and presents the best fifty as a table. One click takes a row over into the setup.

Depending on market and period, the run takes from a few minutes to almost an hour. It keeps running on the server even if you close the tab.

The row from the Top 50 is not a result but a suggestion. Anyone who tries a hundred thousand combinations inevitably finds some that look good in hindsight — even by pure chance. Why that is and what helps against it is explained in detail on the page about Backtest & optimizer.

The one cross-check that is really worth it: take your setting and let it run on three or four other markets. If it roughly holds there, you have probably found something real. If it collapses everywhere except on that one coin, it has memorised that coin's past. In the mobile version this step is called basket evaluation.

Step 6 · Demo bot or live bot6 of 6

Demo bot

Trades with play money on real live prices. The mechanics are the same as live, only without money. This is where you start — and for several weeks, not for an afternoon.

Live bot (MEXC)

Places real orders on your own MEXC account. Needs access keys stored there. That is real money with real risk of loss — and explicitly your decision.

Once created, it appears as a card in the bots panel on the right: status, result, number of trades and a rolling log of its latest decisions. Stopping and editing works directly on the card.

If it seems to do nothing: that is usually right — most strategies wait most of the time. In the System logs tab below the chart you see what it is thinking right now and why it does not enter.

How to judge whether it is any good

Not by the profit after three days. The questions that really tell you something:

  • Has it already seen a bad phase? If not, you know nothing about it. A bot that only ran in an uptrend has not passed any test yet.
  • How deep was its deepest drawdown — and could you have stood it? Not mathematically, but for your nerves.
  • Does it earn in both directions? The split into long and short shows whether it has a strategy or just rode the market.
  • How many trades are behind the number? Below about thirty, any hit rate is chance.
  • Does it hold on other markets? The single most meaningful test of all.
No bot always wins. Each of the eight has market phases in which it loses — that is why every bot page says so explicitly. Let it run long enough to have seen one of them before you trust it with anything.