🤖 KASPA Spot Trading Bot - Automated Profit Machine

About the Bot

This bot is a trading automation tool, not a "money button", although it is as close as possible to this concept, as it works automatically without user involvement. At the same time, the user can change settings according to personal preferences and market perception if desired.

Main bot parameters (required)

1. Profit percentage (0.3% by default) - it shows how much more expensive the sell order will be placed after purchase. Bought at $100, placed for sale at $100.3, got profit $0.3, bought at $200 placed for sale at $201 (if profit percentage is 0.5%) and thus with 10 trades got profit of $10, there can be 50 or 100 such trades per day.

2. Drop percentage (1% by default). It shows how much the price should fall from the current value to place another buy order.

3. Order size ($40 by default). Everything is simple here, this is the size of our order placed by the bot. We set it ourselves depending on the size of our working deposit, essentially dividing our deposit into the desired number of parts. Someone divides into 10 parts, someone into 100, this is a matter of taste and personal preferences. The fewer parts the deposit is divided into, the higher (faster) the profit, but the faster the deposit can be converted into coins and start idling (higher risk roughly speaking). And vice versa, the more parts the deposit is divided into, the slower it will be converted into coins in case of a strong price drop.

4. Maximum orders (10 by default). The bot will be stopped if the number of open orders reaches this threshold. Roughly speaking, by multiplying this parameter by your order size you get the deposit volume that the bot can maximum use.

5. Delay (60 seconds by default). It shows after what time a new buy order will be placed after the execution (sale) of the previous one.

Additional purchase settings (optional parameters)

After making a sale, the bot waits 60 seconds (by default) and enters the trade again making a new purchase. You can enter the trade not just at current prices, but more advantageously using additional parameters, the configuration of which can significantly reduce the number of stuck orders (since the bot will enter the trade at more favorable prices), which will not allow immediately converting the entire deposit into coins. The bot can change the drop percentage (drop step) for additional purchases and the order size (order size step) depending on the number of already open orders. In addition, before entering a trade, the bot can perform several checks: purchase after a red candle (exclude buying at peaks), purchase after red and green candles (exclude buying during a fall when all candles are red and buy only when a green appears), stop purchases during panic market crash (helps not to spend the deposit on constant purchases during a market crash waiting for its recovery moment).

1. Drop step (0 by default). If this parameter is specified and not zero, then if more than 3 orders are already open, the drop percentage will increase by the specified step with each new order, making averaging more profitable (i.e., if you have 3 orders open, the percentage will be conditionally - 1%, if 4 orders, then already 1.3%, then 1.6%, if the price returns in your favor and the number of orders decreases, then the percentage will decrease and after waiting out the drops you automatically return to the working order size.

2. Order size step (0 by default). If the step is greater than zero, then each new order will decrease by this amount, starting from the 4th order. This will allow better riding out drawdowns and more efficiently distributing the deposit. (if up to 3 orders are open, the order size will be conditionally - $100, then if for example the step is set to $5, then the 4th order will be $95, then $90, etc.)

3. Buy after red candle (false by default). The bot will only buy when the previous candle is red on the one-minute timeframe, trying to buy at more favorable prices and avoid buying at upward spikes, which in turn will reduce the number of trades but make entry into position more profitable. In this case, the bot may miss trends, but here we are only talking about the one-minute timeframe.

4. Buy after red and green candles (false by default). Reversal sign, the bot will only buy when it sees a red and then a green candle on the one-minute timeframe. This will help avoid buying during a prolonged fall when all candles are red, the bot will only buy when a green candle appears. (not compatible with the above setting).

5. Stop panic buy (false by default). During a panic market crash, the bot automatically stops purchases and waits until the market condition stabilizes. This will help exclude constant additional purchases during a deep fall. But at the same time, in some situations, it may exclude purchases at the bottom. We tested this setting and recommend using it. The principle of determining panic mode involves determining volatility over 15 and 60 minutes (during panic, volatility should be more than 1.5% and 2.5% respectively), and the trend direction should be down more than 1% per hour. Roughly speaking, the bot trades in the established range bringing profit and then a fall begins that will last say 30 minutes at night, without the setting the bot will make additional purchases all these 30 minutes leaving open orders behind, but with the setting enabled the bot will simply stop making additional purchases, wait for a new price range and continue earning without scattering orders so to speak and without unnecessarily converting the deposit into coins, leaving it for trading in the new range.

Working Principle

The working principle of the bot is extremely simple:

1. We start the bot by pressing the "Start" button in the "Launch" menu and the bot makes the first purchase (first order) almost at market price (but with a limit order slightly above the current price to reduce commission size) and immediately puts the purchased coins for sale at a higher price, at the set profit percentage.

2. When the price reaches the desired value, the order executes (we got profit) and the bot after a delay (60 seconds by default) automatically buys coins again (if no additional purchase conditions are specified in the settings under which the bot will wait for suitable conditions) and again puts them for sale at a higher price. Essentially the cycle closes.

3. If the price goes down and falls by our set %, then the bot places another order (buys) and exactly the same puts it for sale at a higher price. And now 2 orders are working. The price falls even lower? Another one is placed and another and another... Until the bot reaches the allowed limit on the number of orders or until the price reverses and starts to rise, simultaneously closing previously placed orders with profit.

The cycle is closed here. The bot works automatically 24/7, without user involvement. And the user can only change settings if desired (increase/decrease the profit size or drawdown, change the order size, although it is better for beginners not to do this at first, but to understand the principle of the bot, and then experiment)

And it also becomes clear that the bot does not sell coins at a loss (does not fix losses) if the price falls, since it simply does not have such a function, but patiently waits for the execution of all orders in profit, unlike many other bots.

The higher the volatility of the Kaspa coin, the better, since the price moves not linearly, but like a saw, and the stronger the saw, the more orders the bot processes, both on a falling and rising trend.

Difference from grid bots

The bot does not require freezing the entire deposit that you are going to use, unlike grid bots. You can replenish/reduce it at any moment.

In the bot you can at any moment change the take step and drop, order size and a number of other parameters. In the grid you set up and to change something - you either have to remove the grid or create a new additional one. And not get confused in this when there are many of them. You understand that we are at the bottom and will bounce - you increase the order or additionally buy manually. You expect a fall - you increase the drop percentage. You can do nothing at all, but unlike the grid there are tools to influence the situation here. Whether to use them is up to the user.

The bot is not limited by the growth range. The asset grows - the bot works and buys-sells. In the grid you set the range in advance and freeze money immediately for the entire grid.

In the grid the take size is always equal to the drop size or approximately so (with geometric step distribution). Here there is an opportunity to work out smaller fluctuations due to settings.

Why MEXC?

There are no grids on MEXC, but the lowest commissions are exactly here. On any other exchange you pay when buying and when selling. Here - only when buying, and there is an opportunity to reduce commissions or not pay anything at all if you hold MX coins (1000 MX for 15 or more days). For grid trading with high frequency of levels, commissions can eat up a very significant share of profit.

After starting the bot, the need to log into the exchange essentially disappears, as you can view the results already through the bot interface.

How to Start Using

1. Register an account on our site.

2. Register on MEXC

3. Connect the bot

4. Configure the bot (if necessary)

5. Start the bot