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Trading Bots

Execute your trading strategies 24/7 with automated trading bots on Helix

What are Trading Bots?

Trading bots are automated programs designed to execute trades based on predefined strategies and conditions. On Helix, trading bots directly interact with the platform to enhance trading efficiency, automate strategies, and reduce manual effort.

Why Use Trading Bots on Helix?

Helix offers the most comprehensive suite of trading bots across all DEX platforms, providing unique benefits:

  • Reliable: Powered by Injective’s advanced financial infrastructure, ensuring high performance and uptime.

  • Cost-Efficient: Helix covers gas fees for bot trading operations, except for strategy creation or removal.

  • Flexible: Fully customizable to fit various trading styles and risk preferences.

  • LP Rewards: Use trading bots to provide liquidity and earn rewards based on the trading volume your bot generates.

Available Trading Bots

  • Spot Grid Trading Bot: Automates buying low and selling high within a defined price range, ideal for profiting from market volatility in sideways markets.

  • Volume Boost Bot: Optimized for liquidity provision and volume generation, using adaptive spot grid trading tailored for LP rewards.

  • Perpetual Grid Trading Bot: Automates leveraged perpetual futures trading with advanced position and risk management.

Coming Soon

  • Dollar Cost Averaging (DCA) Bot: Simplifies long-term accumulation by automating periodic asset purchases to reduce volatility impact.

  • Funding Rate Arbitrage Bot: Captures funding rate inefficiencies in perpetual markets with low-risk strategies.

Frequently Asked Questions

Do I need prior experience with trading bots? No. Helix's platform and trading bots are user-friendly and accessible to beginners, while offering advanced features for experienced traders.

Are there fees for using trading bots? Helix covers gas fees for bot operations. Fees only apply when creating or removing strategies.

When do I get my LP rewards? Rewards vary by market and are claimable at the end of each market’s campaign.

Spot Grid Trading

What are Spot Grid Trading Bots?

Spot Grid Trading Bots are automated trading tools that use grid trading strategies to capitalize on price movements in spot markets. These bots place buy and sell orders at predefined intervals within a specified price range, helping traders profit from market volatility.

All spot markets listed on Helix are supported, allowing you to create grid trading strategies for any available trading pair.

How to Set Up Your Spot Grid Trading Bot

1. Define Basic Parameters

  • Price Range

    • Upper Bound: The highest price to sell.

    • Lower Bound: The lowest price to buy.

  • Number of Grids

2. Select Distribution Type

  • Arithmetic Distribution: Equal intervals between grid levels, ideal for stable markets with consistent volatility.

Best Practices

  • Use stop-loss orders to protect against significant losses.

  • Adjust grid spacing for market volatility:

    • High Volatility: Fewer grids with wider spacing.

    • Low Volatility: More grids with tighter spacing.

  • More Grids: Captures frequent price movements but results in smaller profits per trade.

  • Fewer Grids: Fewer trades but larger profit per trade.

  • Capital Requirements

    • Minimum of $50 worth of both base and quote assets.

    • Additional $5 per grid beyond the minimum, up to 150 grids.

  • Regularly review and optimize your strategy as market conditions change.

    Perp Grid Trading

    What are Perpetual Grid Trading Bots?

    Perpetual Grid Trading Bots are automated trading tools that apply grid trading strategies to perpetual futures markets. These bots place buy and sell orders at predefined intervals within a specified price range, allowing traders to benefit from market volatility while utilising leverage.

    All perpetual markets listed on Helix are supported, enabling you to create grid trading strategies for any available perpetual trading pair.

    1. Define Basic Parameters

    Price Range

    • Upper Bound: The highest price at which to sell.

    • Lower Bound: The lowest price at which to buy.

    Number of Grids

    • More Grids (closer to 100): Captures frequent price movements but results in smaller benefits per trade.

    • Fewer Grids (closer to 3): Fewer trades but larger profit per trade.

    Amount

    • The USDT or AUSD value you wish to allocate to your grid strategy.

    • Ensure you have sufficient available balance before creating your strategy.

    Leverage

    • Select leverage up to 50x.

    • Higher leverage increases both potential profits and risks.

    • Recommended to start with lower leverage (1-3x) until familiar with the strategy.

    2. Risk Management Considerations

    Leverage Impact

    • 1x leverage: Standard risk profile, similar to spot trading.

    • 2-5x leverage: Moderate risk, suitable for experienced traders.

    • 5-50x leverage: High risk, recommended only for advanced traders.

    Liquidation Risk

    • Higher leverage increases liquidation risk during volatile market movements.

    • Consider setting narrower price ranges when using higher leverage.

    3. Key Strategy Concepts

    Neutral Strategy Approach

    • PGT currently uses a Neutral strategy, optimized for sideways markets.

    • For best performance, set price ranges that encompass expected price action.

    • Recommendation: Use wide price ranges to capture the full extent of sideways movement.

    High-Risk Configuration Warning

    • Combining high leverage with many grids significantly increases risk.

    • During extreme volatility, the bot may be unable to place orders quickly enough.

    • In such cases, the bot will automatically stop to protect your funds.

    • Always start conservative and adjust based on market conditions and experience.

    Coming Soon

    • Stop loss and take profit options

    Volume Boost

    What are Volume Boost Bots?

    Volume Boost Bots are simplified trading tools designed to automate liquidity provision and generate trading volume within a chosen price range. They are ideal for both beginners and experienced traders, providing an easy way to stay active in the market and earn rewards.

    With an intuitive setup process, Volume Boost Bots:

    • Automatically optimize grid and trailing boundary settings.

    • Focus on maximizing trading volume.

    • Include built-in stop-loss and take-profit mechanisms to manage risk.

    How to Set Up Your Volume Boost Bot

    1. Select Your Trading Pair

    • Choose a trading pair from the dropdown menu.

    • Certain markets offer extra incentives for providing liquidity, so be sure to review eligible markets.

    2. Choose Your Strategy

    Select a volatility strategy based on your risk tolerance:

    • Passive: Conservative approach with a wider price range and fewer trades.

    • Moderate: Balanced approach with a medium price range and trading frequency.

    • Aggressive: High-frequency trading with a tight price range.

    3. Set Your Deposit

    • Minimum deposit: $50 worth of base and quote assets combined.

    4. Launch Your Bot

    • The bot will automatically optimize grid settings and begin trading within your selected parameters.

    • Automatic stop-loss and take-profit levels are set based on the strategy:

      • Passive: 1%

      • Moderate: 5%

    Note:

    • The bot will continue trading within your specified range until you stop it.

    • Trading volume generated in liquidity-providing (LP) markets may count toward rewards eligibility.

    Aggressive: 10%