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Help Center > Trading Tools & Bots > Understanding Futures Martingale Bot Parameters >

Understanding Futures Martingale Bot Parameters

Date: 2024-04-30 08:42:46

The fundamental concept involves doubling the investment after each loss with the goal of recovering prior losses and achieving a profit equal to the initial investment. This strategy operates on the assumption that a winning trade will eventually occur after a series of losing trades, effectively covering the accumulated losses and generating a profit.

To establish a Futures Martingale bot, you must configure specific parameters outlining your trading approach for the bot to implement. This guide assists you in understanding the parameters involved in setting up a Futures Martingale bot.

Order Window 

Within the Futures Martingale Bot interface, you're presented with two modes for bot creation: Recommended and Manual. Opting for Recommended Mode allows direct parameter copying, requiring only the investment amount input to finalize the setup. For tailored bot design, switch to the 'Manual' tab in Trading Bot Mode. Here, select a strategy (long or short) aligned with your market analysis, and specify parameters alongside the investment amount in USDT.

Parameter Explanation

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Bot Details Page

Keep track of your active trading bots by navigating to the activity window below. Click on 'Details' for a comprehensive report on any particular bot.

On the page, you'll find the trading bot's current status, encompassing returns, position specifics, orders, and historical data.

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