2. Set the Purchase conditions. In this example, your bot will purchase a Rise contract when it starts and after a contract closes.
Trade parameters is the first mandatory block; you can find it under the ‘Trade parameters’ tab. In this block, you can set the following information:
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To make this process easier, Deriv Bot features a drag-and-drop functionality for arranging the blocks in your workspace:
In our next blog – ‘How to build a basic trading bot with Deriv Bot’ – we will explain how to set up your own trade conditions, such as trade duration and stake amount, and create your first personalised trading bot.
If you are happy with the default numbers, all you need to do is hit the green ‘Run’ button on the top right side of your screen.
70.78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
Moreover, this block leaves messages in your journal that can be very useful when you are debugging your strategy and looking for mistakes to correct. To make the debugging process even easier, you can filter the messages in your journal to notifications only.
2. The ‘Chart’ tab in the bottom left corner of your screen opens a window with real-time price movements of an asset you’ve selected.
Once your basic strategy is ready, you can explore more features and further customise your trading bot. With Deriv Bot, the more advanced your strategy becomes, the more blocks you’ll need to use.
Using this block, you can tell your bot to continue or stop trading. You can also adjust the parameters for your next trade and implement stop loss or take profit. For now, you can leave it as is.
No Dbot deriv nosso próximo blogue, explicaremos saiba como definir as suas próprias condições do negociação, saiba como a duraçãeste da negociaçãeste e o montante da aposta, e criar este seu primeiro bot por negociaçãeste personalizado.
Watch this video to learn how to build a trading bot on Deriv Bot. Also, check out this blog post on building a trading bot.