It’s important to select the correct bot settings to receive more profit and to minimize the risks while trading with RevenueBot.
In order to choose optimal settings, we’ve developed a bot simulation mode to make it possible to see the way a bot would have traded with the real data for the previous 60 days with any of the trading pairs.
Try different bot settings and see the way it would have traded using real volatility schemes with a virtual deposit.
Creating a bot in simulation mode.
In order to activate bot simulation mode, you need to activate the checkbox “SIMULATE BOT TRADING BEHAVIOUR (FAKE TRADING MODE)” when creating/editing it.
For more comfort, the bot with an active simulation mode will be marked with a different color (lightpink) in the bots menu table.
Starting a bot in simulation mode.
Starting a bot in simulation mode doesn’t differ from starting a usual bot. You should click icon Start in Actions column.
You cannot stop the bot in simulation mode manually. It will stop automatically as soon as the simulation is finished.
Statistics of a bot in simulation mode.
Statistics of simulated bot is available in Trade Statistics (1). Click on the bot you need to see the statistics of its cycles.
⚠ Note: Make sure you've entered a correct time period for the bot operation statistics data (the last 60 days) (2)
It should be mentioned that the processing of last 60 days simulation takes some time (5-10 minutes). The process can take up to 1 hour if you enabled the autoswitching of trading pair (according to the volatility analyzer results).
It’s not necessary to wait untill the whole simulation process is compleated to see its result.
The first bot operation cycles should appear shortly, and will be added as far as the processing goes.
The bot in a simulation mode is marked with the status: “Running”, state: “Simulate” as long as the processing of 60 days data is going.
When it’s completed, the bot is given the status: “Stopped”, state: “Normal”.
All the cycles the bot would have accomplished are available for review.
Thus, applying different settings and running them on real schedules may help you choose optimal settings in bot creation.
Note that the results of the bot in the simulation mode may be inaccurate and different from the work of the real bot, because:
- the moment of bot start is important
- various settings for bot delays do not work in simulation mode