Related terms

Trade amount

The amount you use for each transaction using the bot

The smallest trade amount depends on the exchange, it is usually to set at:

0.003 BTC, 0.003 ETH, $20

Bag

The alt coins bought by the bot that are waiting to be sold for profit.

Trailing stop

Lunabot's Trailing Stop helps you to optimize trading orders in which you can buy at lower prices and sells at higher prices than expected while still preserves interest.

https://www.youtube.com/watch?v=-4dIZPhm0uo&t=9s

https://www.youtube.com/watch?v=-4dIZPhm0uo&t=9s

Recommended Trailing Stop value for Lunabot ranges from 0.1 to 0.8 (%) for both buy and sell.

Configs

Each configuration used for sale/buy order is called 1 config. You can create a Bot Group in order to share 1 single config with many bots.

Configs recommendations

Config recommendations which have been programed and tested by Lunabot developers help you setting your bot automatically and use right away without the need for deep understanding about the strategy.