Here you can give your bot a Name, choose the Exchange and choose the Bot type.

Create any name for your bot, you will see it in your bots list and active trades. You can name it by trading pair or settings. But try to create a unique name for your bot so it won't get lost among other bots.

You can choose an exchange account where the bot is going to trade.

You can choose Single-pair for a bot that will trade with only one coin pair.

You can also choose Multi-pair to create a bot that can trade many different coin pairs:

There is a dynamically updated list of coin pairs with the biggest trading volume for the last 24 hours:

Note - the recommended pairs will only show depending on what exchange is used and if there is a coin/-s that was/were traded the most in the last 24hrs. Thus, sometimes this section is not displayed.

You can choose a coin pair for the Single-pair bot to trade with or several coins for the Multi-pair bot:

For example, you can't select XRP/BTC, ADA/BTC, ADA/ETH, and XRP/ETH on the same Multi-pair bot. In that case, you have to set up two different bots: one for ***/BTC and another one for ***/ETH.

The button "***_ALL" will add all available coins which are traded with the selected QUOTE currency.

The button "Clear" will remove everything from the list.

Here you can adjust more specific settings for your trading strategy.

This parameter defines how many deals the bot may open at the same time. If the bot was allowed to trade with 20 pairs, but there are only enough funds on your exchange account to support five simultaneous trades, '5' should be entered here in this field. It allows the bot to start only 5 deals with the coins that you've selected. After one of the trades finishes, the bot will look for the next one to be started using the same criteria. The bot, however, will try to open more than 5 trades if the conditions are met, but will return errors with an "Insufficient funds" message.

Long and Short strategies are described in this article.

For Futures bots, you can only choose Quote currency. For Spot bots, you can choose which currency the bot should accumulate - Base or Quote.

This is the first order the bot will create when starting a new deal. If put 20 here and select ADA/USDT pair for the bot, then launch it, the bot will buy ADA with 20 USDT after the new LONG deal is opened.

In the Single-pair bot you can choose the Base order currency type:

In the Multi-pair bot it's possible to choose only the Absolute amount in Quote currency:

Here you can determine what order type will be the Base order - Limit or Market.

If it needs to be a quick decision to enter the deal, select the Market order (it may enter the deal faster, but not at the best price). If there is a need for the bot to enter the deal at the best price, then select the Limit order. To prevent slippage for big orders, it will be placed at the best ASK price for a Long trade and at the best BID price for a Short trade. Though it might take a longer time to open this deal, there will be no slippage, and the Base order will be executed at the specified price. But if the order is not fully filled in 40 seconds, the order will be replaced at the best BID/ASK price again. It will retry until the Limit entry order is fully filled.

Limit order type is when the order is placed in the exchange's order book and waits to be executed.

Market order type is when the order is executed immediately at the current market price. If the order size is very big and/or the liquidity is low and/or volatility is high, there may be a slippage when the order is executed at a worse price.

You can choose the leverage on the slider or manually type in the desired leverage.

Remember that you cannot set the lower leverage from the current leverage if you have active trades and/or bots!

If you don't want to trade with leverage it is recommended to trade on Spot account. Or at least you can choose x1 leverage and you will trade only with your own funds.

More detailed information about different deal start conditions you can find in the following articles:

This is the profit target that the bot should make from each successful deal. When the bot opens a new trade, it will place the Take Profit order using the percentage that is specified in this field.

Please note - the bot will place the TP order taking into account the exchange's trading fees.

More information is in this article:

DCA bots: Multiple take profit

Turns on the trailing feature for the Take profit order. Order becomes Market and is not placed in the exchange's order book (see more info above).

Please remember - market order type (when trailing is active) may cause losses due to high volatility and/or big order size and/or low liquidity, especially if the deviation is too big.

Trailing Deviation - distance from the current price to the trailing take profit order line.

More detailed information about Trailing take profit feature you can find here.

Here is a list of the exchanges that support Trailing Take Profit feature:

Here, you can set up your own conditions that will close the deal. Learn more about how you can use Take profit Conditions in this article:

DCA bots Deal close conditions.

The name of the feature speaks for itself.

More detailed information can be found in this article:

DCA bots: Reinvestment and Risk Reduction features.

If the coin price drops to or below this level, the bot will perform the selected action. The value should be below the last safety order. The bot calculates the stop loss level from the base order price and not the deal average price.

It will follow the price in the direction to your Take Profit target and always stay at the configured level below the maximum price reached. Please remember following when using TSL:

More information about Trailing Stop Loss feature is in this article:

What is Trailing Stop Loss?

This feature helps minimize the risk of negative outcome of the deal.

More information about this feature you can find in this article:

DCA bot: Stop loss breakeven

This will prevent the bot from immediately executing the Stop Loss order and can be useful to prevent the bot from closing a deal due to erroneous candle wicks or Stop Loss "hunts". The timer is activated when the price reaches or exceeds the Stop Loss % you configure; if the price has not recovered before the timer expires, then the bot will close the active deal at the current chart price. The time is specified in seconds.

Please note that when editing the bot, it doesn’t affect already opened deals' stop-loss action. Edit active deals individually in the trade if you want to change the stop loss action immediately. For example, you have a bot with an active deal, the bot has stop loss action set to “Close deal & stop bot.” If you edit the bot by changing the stop loss action to “Close deal”, and you don't edit the deal, the bot will still stop if the deal reaches stop loss level.

This feature allows lowering the potential losses when the market is going in the wrong direction.

More detailed information can be found in this article:

DCA bots: Reinvestment and Risk Reduction features

The bot is going to place safety orders after you have opened the trade to average your buy price if the coin goes in an unfavorable direction:

This setting determines the volume of safety orders. If put 0.003 here and keep other settings as they are, when the deal opens, the bot will place 5 safety orders on -1%, -2%, -3%, etc., from the starting price of each 0.003 BTC in size.

Distance in percent between Base order and 1st Safety order. If put 1 here and start a new deal at $100, the first safety order will be placed at $99.

The maximum amount of safety orders that can be placed and executed for one deal.

This means how many safety orders the bot will keep open on the exchange at the same time. Let’s say there is an amount of three active orders and ten maximum safety orders. When the bot begins a new deal, he will automatically place three safety orders and keep seven more to spare. If the price drops and the first safety order fills, the bot will put another one, thus, still having three active safety orders at the same time and six more in spare. Thus, when the price is going down, and safety orders are filling, the bot will open new ones until he reaches the maximum amount of ten. If set "Max safety trades count" and "Max active safety trades count" with the same number, the bot will place all available safety orders for a new deal just after it is opened.

The scale will multiply the volume of each new safety order.
Let's assume there is a bot with safety trade size 0.1 BTC and a scale is 2. Safety order volumes would be:

The scale will multiply the step in percent between safety orders.
Let's assume there is a bot with a safety order price deviation 1% and the scale is 2. Safety order prices would be:

You can now activate the “Safety orders condition” and choose one or several indicators to trigger it! The Safety orders settings will function as filters, with the minimum deviation percentage and specific conditions or webhook signals.

More information can find in this article:
​DCA bot: Safety orders by technical indicators

The bot will start a new deal ONLY if the pair on the selected exchange has 24h trading volume more than specified in this field.

For example, we create a bot with BTC_ALL pairs and set the number in this field to 500 BTC (it's calculated in BTC for any type of pairs). In this case the bot will open the trades for only those pairs that will have 24h trading volume of no less than 500 BTC on the selected exchange.

The bot will only open a new deal if the current price is higher than the min price or lower than the max price. For Single-pair bots, you need to type in the MIN and MAX prices of the coin. In the Multi-pair bots, you need to enter the % deviation from the initial price.

The initial price is saved when the feature is enabled and the bot is started.
But the initial price will be updated only when you update MIN/MAX fields - other settings can be changed at any time.

If you change old values in the MIN/MAX filter and save the bot, then the current price will be updated.

The lowest value can be -95% and the highest can be 1000% (yes, thousand percent).

For example:
If the coin's current price is 10000, then allowing your bot to open a deal between 5000 and 6000 would mean that you should set the MIN price to open deal to -50% and the MAX price to open deal to -40%.

The delay between a signal and a new deal opening. The bot waits for the specified amount of seconds after it gets a signal, only then it opens the new deal.

The bot won't open a new trade until the specified number of seconds passes after closing the previous trade. A Multi-pair bot has different and independent timers for each pair.

The bot will stop running after opening the required number of deals. An empty value will disable this option.

The bot will count only opened trades and will ignore the number of completed/canceled trades. For example, is we put 10 in this field, bot will stop running right after opening the 10th deal, no matter how many deals were closed/canceled before.

If the bot is already active when the setting is enabled, only newly opened deals after that moment will be counted.

A bot can open several deals with the same trading pair. By default, the bot is configured to open one deal per the same pair. When the bot receives a signal to open a new deal, but the deal with this pair already exists, the bot will ignore the signal. If you change the Simultaneous deals per same pair setting, the bot will open additional deals when it gets signals to start a new deal with the same pair.

Every deal on the same pair is just like any deal with other pairs. It means that deals on the same pair will affect the maximum deals limit (see above in the article). For example, you configured a bot to open a maximum of 3 active deals, and you set the simultaneous deals per the same pair to 3 too. If the bot opens 2 deals on, let's say, ADA/USDT pair, it can open one more deal on either the same ADA/USDT pair or another pair. If the bot opens 3 deals on ADA/USDT pair, it won't open any new deal on any pair until at least one of the active deals is closed.

After opening a trade on a DCA bot and executing a Base order, this feature will automatically convert every new trade into a SmartTrade keeping all the settings the same, except for the Safety orders - they will not be placed in the SmartTrade. After converting to ST the initial bot's deal becomes canceled.

Important:
If the auto-convert function is enabled for the bot, then the "Max active deals" setting will be ignored - the DCA bot will automatically convert all deals to ST.

Thus, avoid turning on this setting with the "ASAP" deal start condition!

Some traders like to open deals for a specific amount of time. For example, they open the trade at 13:30 each day, but they want the trade to close automatically, whether in profit or loss if it hasn't reached the Take Profit target configured.
This can be useful if you have an automated signal to start new bot deals during times of peak trading volume, such as New York session times, for example.
The time can be specified in minutes, hours or days and the counter starts as soon as a new deal has started.

There is also one more DCA bots' trades-related setting that you won't find on the creating new DCA bot page. It's called Active limit of DCA Bot deals:

This feature limits the number of DCA bots' active trades on the specific exchange. Like if you have a limited amount of funds on your balance but you have several bots running and you don't want to limit the deals on each bot. So you can limit the number of active deals hear, no matter how many bots you have.
To find this setting you need to go to the My Portfolio page and click on the eye (👁️‍🗨️) icon to view the exchange's information. Then you need to scroll all the way down to find this setting.

When everything is set, you can view the bot's "Assistant" window for concluding information on how much funds the bot will require and other useful information.

Here the available balance is displayed and also the amount that the bot will need to function properly (including all averaging). There is also the maximum deviation of the price of the last safety order in percentage and the percentage of funds used by the bot:

It shows how evenly you use the funds with the bot and safety orders.

The green line represents the total amount of funds used in the deal after either Safety order is executed.

The blue line represents the Base and the Safety order sizes on each step.

Clicking on the Table tab displays a detailed breakdown of each step. Here you can see exactly how much funds the bot will use in one trade, in accordance with the number of executed safety orders:

This table will display the multiple take profit targets if you enable them.

Here is what the table consists of:

As you can see above, on Spot exchanges, if you don't have enough funds to fill all Base and Safety orders, you will see the warning notification, and you will be offered to Add Funds:

You can still Start the bot, even if you don't have enough funds, but sooner or later, the bot will start displaying Insufficient Funds errors.

If you have sufficient funds on your balance, you can click on the Start button:
​

After clicking on OK button, you will be forwarded to the page with all the information about your bot's settings where you can Stop, Edit, Copy, Share the bot if needed:

More information about this page you can find in this article:
​Manage active DCA bots.