STRATEGY / MARGIN

MARGIN

Use this guide to review the margin bot setup path in Gimmer before you decide whether to start a strategy.

1. Review margin bot setup.

Margin bots follow the same general strategy setup path as Trade bots, with an added margin mode for positions that can use leverage.

Margin positions are high-risk trades. Leverage can magnify losses, so review mode, exchange, API key, base, quote, and timeframe settings carefully before you start.

If the margin option is not available in your account, confirm the current access requirements before continuing.

• See what it takes to configure your bot.
  
  Strategy Settings.
  
  1. Trade mode - The type of trading to execute; either Margin.
  2. Margin Mode - For margin trading, whether the strategy should open both LONG and SHORT or just one side of the market.
  3. Exchange - The Exchange in which this strategy should trade on.
  4. Base - The base currency represents how much of the quote currency is needed for you to get one unit of the base.
  5. Quote - The quotation of the base currency.
  6. Period - This is most known as Chart Timeframe, this means, on which timeframe you would like this strategy to run with.
  

  API Settings
  
  1. Choose API Key - Select your API Key from the list and start the connection with the exchange to be used on this strategy.
  

  After reviewing the settings, save them. Click the RUNNING & ACTIVITY link, then click START only when the setup matches the strategy you intend to test or run.