Solcrates Bot
Last updated
Last updated
Solcrates Bot is an automatic algorithmic trading system on SOL chain for trading memecoins and other on-chain coins, that runs locally on your computer/VPS, and uses live OHLCV data, creating tech-analysis algorithms that allow you to auto-trade exactly as the strategy sounds, providing you with good automatic profit-take/stop-loss. Some strategies allow you to run it 24/7 without taking a look on logs, but we do not recommend that.(at least on beta version) NOTE: SOLCRATES BOT IS NOT INTENDED FOR USE IN LIVE NEW PAIRS! Solcrates Bot is a speculating trading bot, not a sniper/arbitrage(at least not yet) bot. It can be used efficiently only under certain circumstances, which usually imply that the coin you trade IS AT LEAST MONTH OLD and it is already grown of the decent community and doesn't have high volatility! That does not mean you can't experiment, Solcrates Bot is a TOOL and can be used in whatever way you like, just remember that profit is not guaranteed.
Before trading, Solcrates Bot needs to be set properly. We gonna discuss it in the next page 'Setting up'