Bybit Trading Bots: Complete Beginner's Guide to Setup

[00:01] this video, you will fully understand the topic of trading bots on the Babit exchange. You will be able to run any bot you want and will fully trades. We'll skip the long and wind and head straight to the Bibit cryptocurrency exchange

[00:13] registered yet, you can get the highest possible bonuses and the highest possible discounts by following the link in the description of this video. with the Bibit exchange. We are moving on to the tools and trading bot section. Here

[00:26] we are greeted by the main page. We can see the trading bots that we have now at least three or four new bots will appear there, which we will set up together. Find the perfect AI-powered trading bot below. You

[00:39] artificial intelligence selects a trading bot for you. I don't recommend you better to figure it out on your own. Below you can create bots. Now I when we discuss the main page. And just below are recommendations

[00:54] artificial intelligence, that is, ready-made bots that you can copy, simply click the " use" button and enter the amount you Again, first figure it out, then you can climb into ready-made bots if you

[01:08] the most popular bots, futures gorybots, and, accordingly, all types of bots are again all ready. You can just copy it like that. And at the very bottom, we have a to use Bybit from the exchange itself. You can go and get acquainted, or if you can't, it's

[01:21] better to do this, and then you will definitely understand with a 100% guarantee how bots work. We will now move on to each type of bot separately. There are a total of five types of bots on the Baibe exchange. The first is a futures grid bot, which

[01:34] is a regular bot that trades futures according to your settings. I'll explain all the settings a little later. Next, this is the futures marinale bot. In fact, it is the same futures bot, only an accumulation bot. That is, each time it accumulates your position by a

[01:47] certain percentage more . That is, first he enters with 100 dollars, then with 150, then with 250, 350 and thus accumulates a large position, which he then sells or buys

[02:00] combo of futures. On the Bybet exchange, you can invest in a bot that combines investments into three different bots based on your settings, again for futures trading. That is, in fact, we have three different coins,

[02:15] let's say, Bitcoin, Ethereum and Salana. You distribute your $100 there to each of the bots, and they trade on their own. Spot Gritbot is a bot let's say I want to buy bitcoins

[02:27] using a bot, I'll set up a spot gritbot. There you can set up accordingly, the amount of Bitcoin that I want to buy or sell. And the last thing is a DCA bot, that is, an accumulation bot. If you want to consistently

[02:40] buy cryptocurrency at a certain time for a certain amount, use a DCA bot. So, the first one is a futures grid bot. Click the create button. investment options: through a strategy to create a bot and through manual configuration.

[02:54] manual configuration, but the strategy will also allow me to easily and simply explain to you how can select the coin on which you are going to create this bot. It any other cryptocurrency that is available here. Let's choose Ethereum, for example

[03:08] . We have three options for launching the bot. This is neutral when the bot trades in any direction. He himself chooses: to trade long or short, when to close and when he will trade on rising prices, yes, that is, buy cheaper,

[03:24] trade short on the decline, sell high and buy back. Well, in fact, it’s like any regular manual trading, only there is also neutral trading with help and you don’t touch anything at all. In fact, you don’t even need to configure anything here.

[03:38] write down the investment volume and that’s it. It automatically sets the price range, number of grids and everything sliding stop order, that is, the amount of money after which the bot

[03:50] will stop. So, let's say I click 50% here, that means when my $100 investment is reduced to $50, the bot will shut down and there will be no more work. go to the trading page to explain these settings, and there I'll

[04:03] explain how the bot works and what it is . Price range from $4,094 to $4,842. That is, this is the range in which the bot will work. We can see that these red and green lines are

[04:18] the red he will sell, that is, trade short. He will buy on the green ones and, accordingly, sell when the price is higher. It that is written there, from this value to this value.

[04:31] The number of grids is the number of your limit orders. That is, there are 24 pieces here. Some is short, some is long. He will decide this himself. Next, the profit grid is 5% dash 6.5%. This means that the bot will close the trade as soon as

[04:47] the profit of any of the orders reaches 5% with a tenth leverage. That is, roughly speaking, half a percent of the price movement, half a percent of the price movement on this chart, the bot closes the deal with a profit. Well, and, accordingly, they prescribe

[05:00] the coefficient of this profit per year. That is, with these settings, during normal with these settings, during normal operation, the bot will bring you 33% per annum without any problems. Again, none of this is guaranteed. The bot can also

[05:12] trade at a loss, and it can trade into liquidation. You must understand this. That you will earn 32% without any problems. The risk is the same as when trading futures. It's just that a bot, any bot, has no emotions, no gambling addiction, it

[05:25] did them correctly, well, accordingly, he will trade. Below, we , that is, the price at which the bot will start working, and, accordingly, the is, you set the top and bottom, and if this price is reached, the bot

[05:41] . In manual settings, we will now do the same thing as described here, only we will set everything up ourselves and grids we will have, what our price range will be, and everything else. One bot or another

[05:55] is launched depending on the market situation. That is, sometimes I can short bot, and sometimes I need a neutral bot. In fact, we are interested in a neutral bot if the coin has entered consolidation, if it is trading in a

[06:07] certain range and the price does not go above a certain level and does not go below a certain level. So, in the situation with Ethereum, I think it will either grow or trade in a range from, say,

[06:20] trade in a range from, say, Pono to 4200. And we need to set up bot. Let's set up neutral. I already told you the range will be 4200. If you want to make sure it doesn't stop working, always take it a little

[06:33] resistance level and a support level for yourself . Here you can take 4550 and This is in case liquidity is withdrawn , your bot will still money. Let's write 4150 here, and 4.550 here. The

[06:50] bot automatically offers us a number of grids from 2 to 79, depending on the amount of money you invest. Let's say I'll take the tenth shoulder. And the number of grids, I usually say, divide by two, that is, 40 sets.

[07:05] The minimum investment amount with these settings is $167. Well, we will set the upper stop price and the lower stop price, that is, the prices at which they will finish their work. 4600 and 4100 on Ethereum is the lower

[07:19] ready. Let's see how it will look on the trading page. All. We see the number of short grids right up to the value where our stop-loss is practically located, and the number of long grids here. Here the bot

[07:32] neutral bot, it thinks that it is better for us to trade long. There are many more bullish trade requests here. If you like it, again, click the press it anyway, to show you how it all works. Next, we are shown all

[07:45] is, how much we are investing, how many grids and everything else, everything that you filled in manually. I click the confirm button. Everything will be created successfully. My Active Bots section and we see that our bot has started trading. Now, every

[08:00] you will receive a notification here that the order has been executed, and the PNL of successful transactions will be shown. PNL is how much you earned in money and as a percentage. when he closes the first successful transaction, here it will gradually change.

[08:13] see all the bots that I had working before. Well, not all, but for a Overall, I don't really even need to explain to you about the long bot and the short bot because everything works exactly the same as in the neutral one. That

[08:26] is, here we are once again presenting everything that we have discussed with you before. I'll you can understand how they are set up and how profit is. That is, when the bot starts closing trades. Let's

[08:39] go back to the trading page of the long-running futures gritbot. We see that the lines, that is, here we have limit orders to buy and will he will make his first profit, let's say, here he made his first purchase

[08:53] if Bitcoin, or rather Ethereum, rose to 4475. This will be rose to 4475. This will be your first profit plus 5% dash and 6.5% there, depending on where the bot enters and by how much. In a short bot, everything works

[09:06] exactly the same, only in the opposite direction. Next we have the futures marinale bot. Let's go in here. Here we will probably skip the strategy right away and move on to manual settings. Here we will set it up, again, let's use

[09:18] Ethereum, the price is convenient there. Here it will be more interesting and easier for me Boot is. The first thing we fill is the price reduction. That is, an open position is replenished when the market price decreases by the

[09:32] specified percentage. That is, every time the price of Ethereum decreases by 1.6%, we open a limit order, which we will use to buy Ethereum. I told you that Marinale futures are essentially an averaging bot. You bought for

[09:47] $100, then for $150, then for $250, and little by little, building up your position, accordingly, your bot closes. The position multiplier is how much larger each of your next orders will be. That is 1 and 2. y position multiplier. This

[10:03] dollars, then the next one will be 100 and then 1.2, that is, 20% more will be 120, then another 20% more from the previous amount, and so on in a geometric progression it will grow. The maximum replenishment is the number of your applications. That means there are

[10:18] only six green applications here. 1 2 3 4 5 6. Target profit for the period is essentially how much percent the bot needs to pull out to close the deal with a profit. Well, and then comes leverage . In fact, everything here again, with

[10:32] worked automatically for me here, the minimum investment is $150. Again, we enter 152 here, click the create button and the bot nothing more to say about maring. In short, it works exactly the same way, only in reverse.

[10:46] The higher the price, the more he accumulates and then sells it again in one impulse. And that's it, your bot is done . Next we have a works using an example and then we will move on to manual configuration. I'll also tell you a few of my

[10:59] words there. The first thing we choose is long, short or a mixed category. That is, you can, for example, take three or four or five futures in a futures combo and have the bot trade in different

[11:11] short, on another long, on the third he traded as he wanted. Here you choose, well, the sphere of cryptocurrencies, that is, RVA, second- level blockchains, artificial intelligence, or, well, what is better in trends,

[11:26] more volume, well, and it is easier to predict the price . Next, the choice of the Aurora. That is, trade Bitcoin, Ethereum, and Dogecoin. In doing so, it distributes 80% of your funds in Bitcoin and 10% in other tokens. Here we can click the

[11:42] "Change settings" button and see the manual settings for this bot. distribution of funds, that is, put the majority of funds, for example, not in put it long, it will trade short, or one long, another short,

[11:57] you can also add a contract. That is, let's say I want the money I invested to be traded in five different years. Next, choose the leverage and investment size. In fact, that's all. Also, just a little lower down here

[12:10] you need to and can select rebalancing, that is, how much money will go into which asset . You can also set it to automatic, and it will automatically funds. That is, in fact, during trading it will automatically

[12:24] distribute funds as it wants, as the artificial rebalancing by time, that is, every day or every 4 hours it will rebalance and look for the best value for you.

[12:37] Our next and penultimate bot is a spot gridbot. I won't stay here for long either see the point. We've already figured out how the futures bot works , so we don't really need to figure out how other bots work.

[12:51] Ethereum. Using his example, it will be much easier for me to explain to you how the we select the same settings. Price range, number of grids and that's it. will be a little easier for me here. We set the price range and the number of grids.

[13:05] profit grid, you see, he also sets it automatically. In the advanced settings, we have everything the same as in futures, only here we have stop-loss and take-profit. Not like there was a lower stop, an upper stop, but a stop-loss and

[13:19] take-profit. In fact, it's the same old story , as they say. Then we click the terminal and see how it looks. fact, from below he will buy at the green limit orders, and from above he

[13:35] futures bot, only it will trade on spot. Well, what a DCA bot. This is the last thing we will discuss directly with you, because it is a little different. DCA bot is an cryptocurrency with a certain investment frequency. That is, let's say,

[13:48] buy bitcoins every day for a certain amount. And here let's choose something again that is more interesting in terms of price. Let's get to the point, because he only has three bucks there. Let's say I think the tone will rise.

[14:00] buying a ton. You see, you can add at least 10 cryptocurrencies here, and it We choose a tone, let's say: "I want to invest $100 in a tone every week

[14:12] transfer as much money as you are willing you want $1,000, you need to deposit $1,000 here. Then your calculated number of contributions will be 10, that is, 10 times 100 dollars and the

[14:25] maximum investment amount. That is, again, here you enter 1,000, click the create button, and every week during a certain period you will buy a ton for 100 dollars. until $1,000 is invested in it

[14:37] . In fact, this is a great bot in that if you want to buy cryptocurrency, well, let's say you're afraid or, well, you physically don't have time, although it does n't take much time, you set up the bot, and it will

[14:50] invest a specific amount in the cryptocurrency you trust with a certain frequency each time. You see, in fact, everything is not so scary and dealing with bots is much easier than it enjoyed the video. I hope that everything was clear. If so, be sure to

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