Strategy Settings
Welcome to the Automatic Buy Strategy Settings menu for Karate Cat Snipe Bot. This feature allows you to customize your trading strategies by defining specific conditions under which the bot will automatically execute buy and sell orders. You can set your own parameters to optimize your trading strategy. Below are the options and instructions for setting up your strategies.
Example: Buy in situation X, sell in situation Y
💡 Click on the button that you would like to change the value of X and Y
Predefined Strategies
X : the price drops 5% | Y : the price increases 5%
X : the price drops 10% | Y : the price increases 10%
These predefined strategies allow you to quickly set up common trading scenarios where the bot will buy when the price drops by a certain percentage and sell when the price increases by a corresponding percentage.
Custom Strategies
Sell when mcap decreases by 10%
This option lets you define a specific market cap condition to trigger a sell order. You can adjust the percentage as needed to match your trading preferences.
Add Custom Strategy
If the predefined strategies don't meet your needs, you can create your own custom strategies. This feature provides flexibility and allows advanced users to tailor the bot’s behavior to specific market conditions.
How to Create a Custom Strategy:
Select 'Add Custom Strategy': Open the custom strategy menu by selecting 'Add Custom Strategy'.
Define Your Conditions: Enter the specific conditions for both buying and selling. This could include parameters such as price changes, market cap fluctuations, volume changes, etc.
Save and Apply: Once you have defined your conditions, save the custom strategy. The bot will now follow these instructions to execute buy and sell orders automatically based on your custom settings.
Managing Strategies
View Active Strategies: Navigate to the active strategies menu to see a list of all currently active strategies. This allows you to monitor and manage your trading conditions in real time.
Edit or Remove Strategies: If you need to adjust or remove a strategy, select the specific strategy from the list and choose the edit or remove option. This gives you full control over your trading strategies and allows you to make changes as market conditions evolve.
By following this guide, you should be able to configure and manage your automatic buy and sell strategies effectively using the Karate Cat Snipe Bot. Properly customized strategies can enhance your trading efficiency and help you capitalize on market opportunities with precision.
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