Framework Settings and Explanation

Example settings (Not investment advice):

Start Engine(s) – strong_buy
DCA Engine(s) – strong_buy
Buy Amount – 1.0
DCA Loss % – 20
Safemode Start Point – 50
% Gain for Auto Sell All Reset – 1.0
Profit Margin – 1.0
Safemode Auto-Cut Profit Margin – OFF
Profit Separation – 25
Mode – T
List of Coins to Trade – BTC BCH ETH LTC XRP VET LUNA SOL ADA EOS DOT LINK DOGE BNB 

 

Coin Collector Trading Settings Explanation

  1. Start Engine(s): The Engine(s) that tell the Framework when to buy a coin to start a new trade. If a coin is already in trade, the Framework will ignore these Engines.
    Available choices:
    strong_buy
    strong_sell
    always_buy (If used, must be only Engine on the setting)
    telegramsignalslistener
  2. DCA Engine(s): The Engine(s) that tell the framework when to buy a coin, if it is eligible for DCA. If a coin is not in an active trade or the active trade is not eligible for DCA, the Framework will ignore these Engines.
    Available choices:
    strong_buy
    strong_sell
    always_buy (If used, must be only Engine on the setting)
    telegramsignalslistener
  3. Buy Amount: The percent of the trading account value to put into each buy order. For example, if you have 1000 USDT in your trading account, and a Buy Amount of .1, Coin Collector will put 1 USDT into each coin it buys.
  4. DCA Loss %: When a trade loses this much value, percentage-wise, the bot will add another Buy to the trade to average down the combined Buy prices so it can sell at a lower price and still make profit.
  5. Safemode Start Point: When the percent of your account value that is in trades goes above this value, the bot will only place Buy orders for DCA, instead of starting new trades on currently untraded coins.
  6. % Gain for Auto Sell All Reset: The percent of gain needed on the Trading Account value to initiate an in-profit Auto Sell All Reset. This locks in profit to your Trading Account value and lets the bot start from scratch with new trades, getting rid of potentially bad ones while maintaining profit.
  7. Profit Margin: This is the percent difference between how much USDT was put into a coin versus how much it needs to be valued to sell and take profit. With a Buy Amount of 1, a Profit Margin of 1 means the value of each coin in your holdings must go up to 1.01 usdt to sell and take profit. This setting automatically adjusts itself, but the user can set a starting point or change it whenever they want.
  8. Safemode Auto-Cut Profit Margin: Automatically adjusts the profit margin to 1/4 of the setting. This is good for getting out of trades faster when a lot of funds are tied up in trades.
  9. Profit Separation: Percent of the profit from each trade to be moved to your Main account on Kucoin. This allows you to compound your Trading account while also gathering USDT in your Main account for other uses.
  10. Trade-Only List or Avoidance List: Trade-Only List lets you tell Coin Collector which coins to trade and it will only trade those specific coins. Avoidance List lets you tell Coin Collector which coins NOT to trade, and it will trade every coin possible except those specific coins.
  11. If in Avoidance mode, enter coins to avoid (can be left blank to trade all coins) or if in Trade-Only mode, enter the coins to trade.

 

 

– Once you pass that part in setup, Framework will start running. Next time you start Coin Collector Framework, type Y when it asks about using saved API info and saved settings, and you won’t have to re-enter your keys or preferred settings!