We all know you can configure your Hoppers, but did you know you can configure your Signaler as well? When you go to your config, you'll see a "Signals" tab.
Here you will see the signalers you're currently subscribed to. Under the subscribe button is the "Configure" button. Click the "Configure" button.
Trade according to the Signaler
We have made it possible for our signalers to send out signals with customized settings. It allows them to trade according to the following:
- Custom Take profit
- Custom Stop loss percentage
- Custom Trailing stop loss percentages
If you want to trade according to these settings, don't forget to enable signal configuration in your signaler settings (https://www.cryptohopper.com/signals)
Your Hopper will try four times to buy a currency with its limit orders. This isn't always as desirable. When your Hopper tries for the fourth time, the rate often already got up and may go down again.
Market order and Percentage Higher Bid help you buy the signal for the first time, but for more than the currency is signaled for.
If you lower your "Max open time buy" in your normal config, your Hopper will try it again and quickly create new limit orders.
When the Hopper fails to buy into a signal
Should the Hopper attempt to buy into a given signal but fails multiple times, try placing a market order.
Placing a market order means that the Hopper opens a position at the CURRENT ticker rate, instead of the price of the signal, saying that you will make more buys, but it could result in a lower profit.
A detailed explanation of every configurable field:
When enabled, the Hopper will not place an order when the signal comes in.
An important setting! When your Hopper receives a signal, it places limit orders. If the currency rate goes up too fast, your Hopper will have trouble buying the currency. This is where Market Orders can help you.
Be careful though, market orders can be expensive when the market goes up fast in illiquid markets.
Buy amount in .. (BTC)
If you want to overwrite your baseconfig and set a different buy amount for this Signaler, you can enter your buy amount here. For example: 0.001 or 100. This overrides your baseconfig.
Take profit at
Enter the percentage of profit you want to make with these signals. Whenever a coin goes over this percentage, it will be sold. This overrides your base config.
Percentage higher Bid
An alternative for Market Order, or you can use them together. If you want to bid higher then the signal price, you can enter a percentage here, for example: 0.5. This will help you buy signals of which the price is rising fast.
**Percentage lower Ask **
If you want to ask lower than the signal price of a sell signal, you can enter a percentage here, for example: 0.5. This is mostly for signals which price is falling fast.
**Sell signals **
When enabled, the Hopper will follow sell signals of the Signaler and sell positions according to these signals.
**Signal configuration **
When enabled the configuration which is sent with the signal will be used. For example, if a signaller sends the percentage profit or stop loss with a signal, that will be used instead of your own settings.
Allow All Coins (Hero subscriptions only)
When enabled, this will select all coins for this signaler and disables your strategy. Your Hopper won't scan for buys, but waits until it receives a signal.