Profile - OctoBot

ArbitrageTradingMode is watching prices of the configured trading pairs across the available exchanges to find [arbitrage](https://www.investopedia.com/terms/a/arbitrage.asp) opportunities. ArbitrageTradingMode is watching the price of the traded pairs accord every exchange and computes its average price. If the price of a pair is far enough from its average cross-exchange price, an arbitrage trade is initiated. An arbitrage trade consists in **2 orders**: 1. A limit buy or sell at the current local exchange price 2. When this first order is filled: - A limit buy or a sell at the average price (average of prices on other exchanges) is created to benefit from the arbitrage opportunity - A stop loss on the opposite side is created to secure funds The first limit order is cancelled if the local exchange price reaches the other exchanges average price. **No funds are transferred** from one exchange to another, it all happens on the same exchange. It is recommended to enable arbitrage trading on **few exchanges only** to benefit from **price lag**: simply register these exchanges in your ArbitrageTradingMode configuration. **Every exchange** in your OctoBot configuration will be used to compute the **average price** for each traded pair, therefore you can add **highly liquid exchanges** to be used as **price references only** and quickly spot arbitrage opportunities. By default **every exchange** in your OctoBot configuration is used for arbitrage trading. It is recommended to **narrow this list down** in your ArbitrageTradingMode configuration and **only trade on the ones offering arbitrage opportunities and use the others as price indicators**. Exchanges that are used for **price reference only require no api keys** as no trade is performed on these exchanges. <div class="text-center"> <img src="https://raw.githubusercontent.com/Drakkar-Software/OctoBot/assets/arbitrage.png" width="100%" height="100%"> </div> _This trading mode supports PNL history._

Dollar cost averaging (DCA) is a trading mode that can help you lower the amount you pay for investments and minimize risk. Instead of purchasing investments at a single price point, with dollar cost averaging you buy in smaller amounts at regular intervals. <div class="text-center"> <div> <iframe width="560" height="315" src="https://www.youtube.com/embed/519pwSV1uwE?si=MT9e1Gqp9WWw45Z" title="Build your own Smart DCA strategy" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> </div> </div> OctoBot's DCA is more than just a simple regular DCA technique, it allows you to accurately automate your entries and exit conditions in a simple, yet very powerful way. To know more, checkout the <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/dca-trading-mode?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=DCATradingModeDocs"> full DCA trading mode guide</a>. ### In a nutshell - Entries can be triggered either: - On a pure time base, regardless of price. - Upon enabled evaluators maximum signals (only 1 or -1 evaluations). In this case, the latest evaluation will prevail when using limit entry orders: previous evaluations open orders will be cancelled. - Entries can be market or limit orders. - Once an entry is filled, you can choose to exit/sell the assets yourself (manually) or automatically create a take profit at your price target. - You can enable stop losses protect your holdings once an entry is filled. - It is also possible to split entries and exits into multiple orders at regular price intervals to profit even more from the dollar cost averaging effect. Over the long term, dollar cost averaging can help lower your investment costs and boost your returns by optimizing entry and exit prices according to your goals. _Note: When using default configuration, DCA Trading mode will buy 50$ (or unit of the quote currency: USDT for BTC/USDT) each week._ _This trading mode supports PNL history when take profit exit orders are enabled._

Default configuration:

SimpleStrategyEvaluator

The DailyTradingMode will consider every compatible strategy and evaluator and average their evaluation to create each update. It will create orders when its state changes to a state that is different from the previous one and that is not NEUTRAL. A LONG state will trigger a buy order. A SHORT state will trigger a sell order. <div class="text-center"> <iframe width="560" height="315" src="https://www.youtube.com/embed/yTE6NE690Ds?showinfo=0&rel=0" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> </div> To know more, checkout the <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/daily-trading-mode?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=DailyTradingModeDocs"> full Daily trading mode guide</a>. ### Default mode On Default mode, the DailyTradingMode will cancel previously created open orders and create new ones according to its new state. In this mode, both buy and sell orders will be exclusively created upon strategy and evaluator signals. ### Target profits mode On Target profits mode, the DailyTradingMode will only listen for LONG signals when trading spot and position-increasing signals when trading futures, which means both SHORT and LONG. When such a signal is received, it will create an entry order that will be followed by a take profit (and possibly a stop-loss) when filled. In this mode, only entry signals are defined by your strategy and evaluator configuration as take profit and stop loss targets are defined in the Target profits mode configuration. *Using the DailyTradingMode in Target profits mode is compatible with PNL history.* ### About futures trading The **Target profits** mode is more adapted to futures trading as it creates take profits and stop losses (when enabled) to close created positions.

Default configuration:

SimpleStrategyEvaluator

The Index trading mode splits and maintains your portfolio distributed between the traded currencies. It enables to maintain a crypto index based on your choice of coins. To know more, checkout the <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/index-trading-mode?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=IndexTradingModeDocs"> full Index trading mode guide</a>. ### Content of the Index The Index is defined by the selected traded pairs against your reference market in the profile configuration section. Example: - Your reference market is USDT - Your traded pairs are BTC/USDT, ETH/USDT, SOL/USDT, ADA/USDT Then your index will be made of 25% BTC, 25% ETH, 25% SOL and 25% ADA. Each coin's holding % will be computed against USDT and checked on a regular basis. When starting the Index trading mode with a new configuration, or if your current portfolio doesn't reflect the target of the index, your portfolio will automatically be adapted to reproduce the index at the best accuracy possible. ### Index rebalance An Index rebalance is the event when OctoBot is sending orders to the exchange to adapt the content of your portfolio in order to reproduce the configuration of your Index. Once your Index trading mode has started, OctoBot will maintain the index content by automatically checking the content of your portfolio of a regular basis and will trigger a rebalance if necessary. Your portfolio content is checked every configured `Trigger period` days. If during an index check, your OctoBot detects that your portfolio content doesn't comply with your index configuration, it will trigger a rebalance. ### Rebalance cap When checking for rebalance, the Index trading mode also uses your `Rebalance cap` configuration before considering your portfolio out of synch with your index configuration. The Rebalance cap is an allowed percent of allocation that will avoid triggering a rebalance as long as any coin holding is still within the ideal holding % plus or minus the rebalance cap. Example: An index on 3 coins with a 33.33% target on each coin and a Rebalance cap of 5% will trigger a rebalance if the holding if any of those 3 coins takes more than 38.33% or less than 28.33% of the portfolio ### Minimum funds To use the Index Trading Mode, the minimum required funds are twice the minimum exchange order amount for every traded coin. This means that when trading 3 coins on Binance, at least 3 times $5 x2, which is $30 is required. Please note that this is the bare minimum, it's better to have at least twice this amount. If the minimum is reached, the Index Trading Mode will stop updating its portfolio according to the index until the value of the portfolio raises back above the required minimum. Warning: When your index Rebalance cap is higher or equal to the target holdings of each coin, no rebalance will be triggered if your holdings of a coin become very low, rebalances will only be triggered when holdings are getting to high. Example: An index on 10 coins uses a 10% target on each coin. Using a Rebalance cap of 11% will only trigger a rebalance if any of those 3 coins takes more than 21% of the portfolio (the other side: 10-11 = -1% is incoherent). Please note that if the % held of a coin is 0%, then a rebalance will always trigger, ignoring the Rebalance cap.

TradingViewSignalsTradingMode is a trading mode configured to automate orders creation on the exchange of your choice by following signals from [TradingView](https://www.tradingview.com/) indicators or strategies. To know more, checkout the <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/tradingview-trading-mode?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=TradingViewSignalsTradingModeDocs"> full TradingView trading mode guide</a>. ### Alert format cheatsheet Basic signals have the following format: ``` EXCHANGE=BINANCE SYMBOL=BTCUSD SIGNAL=BUY ``` Additional order details can be added to the signal but are optional: ``` ORDER_TYPE=LIMIT VOLUME=0.01 PRICE=42000 STOP_PRICE=25000 TAKE_PROFIT_PRICE=50000 REDUCE_ONLY=true ``` Where: - `ORDER_TYPE` is the type of order (LIMIT, MARKET or STOP). Overrides the `Use market orders` parameter - `VOLUME` is the volume of the order in base asset (BTC for BTC/USDT) it can a flat amount (ex: `0.1` to trade 0.1 BTC on BTC/USD), a % of the total portfolio value (ex: `2%`), a % of the available holdings (ex: `12a%`), a % of available holdings associated to the current traded symbol assets (`10s%`) or a % of available holdings associated to all configured trading pairs assets (`10t%`). It follows the <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/order-amount-syntax?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=TradingViewSignalsTradingModeDocs"> orders amount syntax</a>. - `PRICE` is the price of the limit order in quote asset (USDT for BTC/USDT). Can also be a delta value from the current price by adding `d` (ex: `10d` or `-0.55d`) or a delta percent from the price (ex: `-5%` or `25.4%`). It follows the <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/order-price-syntax?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=TradingViewSignalsTradingModeDocs"> orders price syntax</a>. - `STOP_PRICE` is the price of the stop order to create. Can also be a delta or % delta like `PRICE`. When increasing the position or buying in spot trading, the stop loss will automatically be created once the initial order is filled. When decreasing the position (or selling in spot) using a LIMIT `ORDER_TYPE`, the stop loss will be created instantly. *Orders crated this way are compatible with PNL history.* It follows the <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/order-price-syntax?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=TradingViewSignalsTradingModeDocs"> orders price syntax</a>. - `TAKE_PROFIT_PRICE` is the price of the take profit order to create. Can also be a delta or % delta like `PRICE`. When increasing the position or buying in spot trading, the take profit will automatically be created once the initial order is filled. When decreasing the position (or selling in spot) using a LIMIT `ORDER_TYPE`, the take profit will be created instantly. *Orders crated this way are compatible with PNL history.* It follows the <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-trading-modes/order-price-syntax?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=TradingViewSignalsTradingModeDocs"> orders price syntax</a>. - `REDUCE_ONLY` when true, only reduce the current position (avoid accidental short position opening when reducing a long position). **Only used in futures trading**. Default is false - `TAG` is an identifier to give to the orders to create. When not specified, orders volume and price are automatically computed based on the current asset price and holdings. Orders can be cancelled using the following format: ``` bash EXCHANGE=binance SYMBOL=ETHBTC SIGNAL=CANCEL ``` Additional cancel parameters: - `PARAM_SIDE` is the side of the orders to cancel, it can be `buy` or `sell` to only cancel buy or sell orders. - `TAG` is the tag of the order(s) to cancel. It can be used to only cancel orders that have been created with a specific tag. Find the full TradingView alerts format on <a target="_blank" rel="noopener" href="https://www.octobot.cloud/en/guides/octobot-interfaces/tradingview/alert-format?utm_source=octobot&utm_medium=dk&utm_campaign=regular_open_source_content&utm_content=TradingViewSignalsTradingModeDocs"> the TradingView alerts format guide</a>.

Current profile TradingView Signals Trading

Profile: Grid Trading

About Grid Trading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: Arbitrage Trading

About Arbitrage Trading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: Smart DCA

About Smart DCA profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: Copy Trading

About Copy Trading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Real trading

Tentacles configuration

Profile: GPT Trading

About GPT Trading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: Simple DCA

About Simple DCA profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: DailyTrading

About DailyTrading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: TradingView Signals Trading

About TradingView Signals Trading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: Non-Trading

About Non-Trading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: Staggered Orders Trading

About Staggered Orders Trading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: Dip Analyser

About Dip Analyser profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile: Signal Trading

About Signal Trading profile:

Overview: Built on OctoBot 1.0.10

Traded pairs

Exchanges Simulated trading

Tentacles configuration

Profile strategy configuration read only

TradingViewSignalsTradingMode

Trading modes

Currencies

Exchanges

okx

Trading Simulator