How does the mArgin maker bot work?

The mArgin maker bot is a dynamic bot that places limit orders.

There are a number of parameters you can set, some of which can be set directly in the chart. The ‘time window’ is set by dragging the long vertical blue line (see image below - it’s the thin blue line in the middle of the chart running from top to bottom) to determine what time period is desired. The vertical height of the time window is given by the lowest and highest priced trades that occurred during that time.

Inside this window the relative buy and sell margins can be set (dashed red horizontal lines). As the lowest and highest trade price will change over time, the vertical height of the window changes accordingly, which in turn means the buy and sell margin prices will change. As the market contracts, the prices become closer to each other. This also means that the initial Eff. gain* shown in the center of the time window will also change.

The Min. effective gain [%] is a very important parameter. For the mArgin maker it applies to both buy/sell and sell/buy cycles. It is always active, the default value being 0.0%. If you want to ensure that the bot makes a gain after trading fees have been subtracted, a positive value must be given. Note that this means a bot order can get stuck at a particular price in order not to violate the Min. effective gain.

The other parameters are quite self explanatory - especially if you hover over their tooltips.

Stop loss can be enabled and then adapted in the chart. If a stop-loss event occurs, the bot will accept the user-specified loss by triggering a spot sell order and then the bot stops.