/ Educational

Quadency Bots 101: Getting started with Crypto Trading Automation

Quadency's library of crypto trading bots aren't just powerful and easy-to-use, most traders can even use them free! From indicator bots like RSI for all users to the Grid Trader included in Pro, each can be fully customized and quickly deployed on multiple exchanges in minutes. Learn how by following the three simple steps below:

  1. Get familiar with Quadency's bot space
  2. Create your strategy
  3. Get your bot started

If you need a more basic introduction to automated trading, check out our earlier post clarifying the three most important things you need to know about crypto bots.

Step 1: Get Familiar with Quadency's Bot Space

My Bots

This is your main bot workspace. Here you can see an overview of all the automated strategies you have configured, backtested, & run. Quickly view the profits and trades made, check the status of your bot, or stop it in an instant.

My Configuration space

This is where you configure your bot strategy and adjust settings, create variations, run backtests, and start your bots live.

Step 2: Configure a strategy

Select your strategy

Quadency currently offers 12 different pre-built and fully configurable trading bot options. You can choose between indicator based bots such as MACD and RSI, or trading strategy based bots like Grid Trader and Portfolio Rebalancer. You can also set up advanced automation strategies with the TradingView bot. Select one to get the configuration started.

Learn more about the strategy

Click on Learn More and read the strategy description in our support center. It will guide you through the entire strategy configuration process and also explain how the bot works.

General settings

The general settings are the same for every bot available on the platform. You can choose a configuration name or keep the one generated by Quadency. Here you select the exchange, account, and market you want to run your bot on.

Strategy settings

The strategy settings are specific to each bot. Each setting has a tool tip to guide you through the configuration.

Try Smart Suggest

Smart Suggest brings Pro users a swarm of potentially profitable configurations backtested by our Hyper-Parameter Optimization Engine.

Step 3: Get your bot started

Backtest your strategy

Congratulations on configuring your strategy..now it's time to backtest it! Using historical data, a backtest can help you refine the strategy settings to find better configurations.

Create new bot strategies and switch between them

You want to run multiple bots based on the same strategy or indicator? Quickly create new configurations & switch between them instantly.

Start live

Click start live to automate your strategy! Then sit back as your trades execute, and review the detailed logs under Live Mode.

Be sure to join us on Telegram, Reddit and Twitter!

Disclaimer: contents of this article are for general market education and commentary and are not intended to serve as financial, investment, or any other type of advice.