The Dashboard is the heart of your Hopper. You will spend most of your time checking the Dashboard. In this documentation tab, we'll teach you how to "read" your Hopper, import/synchronize positions, and much more.
Your Dashboard shows a summary of what your Hopper is doing. In the center, which is the most important, are the positions. These are the bits of crypto that your Hopper has bought and is currently tracking. On the right, also important, is where your profits are tracked.
The dashboard consists of many widgets, which you can close and reopen. If you miss a widget, click the eye icon in the top right of your Dashboard. A popup will appear where you can choose to open/close widgets.
You will also see the subscription that's assigned to this Hopper and if you're connected to the internet.
If you look a little bit more to the top, you'll see the switch for the "Advanced View", which we recommend checking out, how many Cryptohopper+ XP you have, you can chat in our internal community, check your profile and switch to Dark Mode (brilliant for those night walkers who trade until the late hours).
Your position list is something unique about Cryptohoper and a brilliant way to keep track of your investments. Regular exchanges don't track your profits as Cryptohopper does. It's an essential feature if you want to become a successful trader.
Click on the "info" button to check all info of a certain position. The info tab shows the buy rate, the current rate, and what triggered the buy order to be paced. Under "settings", you can find the sell settings of the coin. These include Take profit, Trailing Stop-loss, Stop-loss, and Autoclose. If you bought a coin based on your strategy, you could find the technical indicator values that triggered a buy. The last tab shows your Dollar Cost Averaging (DCA) settings and current values.
If you want to perform a specific action on one or more positions, use the bulk actions dropdown for an excellent overview of your actions. You can smoothly perform actions with multiple positions at once. If you want to sell several positions as fast as possible, you can even toggle the "Market Orders" button. This will sell much quicker than a regular limit order but is often also more expensive.
If you prefer to keep a position and don't want the Hopper to trade it, you can click on the "lock" symbol next to "Age" of the position.
Next to the Open positions, you can look at your Short positions and Reserved funds. The short positions are positions that only exist on Cryptohopper, not the exchange itself. Click here to find out more about the shorting feature (link) of Cryptohopper.
You can use your Reserved Funds as your savings account. You can move open positions or even your base currency into the Reserved Funds tab. Moving your positions/base currency into the Reserved Funds will prevent your hopper from interacting with them until you release them or move them to open positions.
When putting your base currency into the Reserved Funds tab, you are essentially moving your funds from an active account to a "savings account", so to say. For example, this feature can be used in bear markets when you want to trade with fewer funds.
You can move a position directly into the Reserved Funds tab by selecting the info button and pressing "Reserved Funds". Doing this can be useful if you have special manual positions that you would like to keep your eye on, but you would like your hopper not to touch them.
If you would like to release your positions from "Reserved Funds", you have two options. You can choose to "Move to positions", which will move your reserve funds position back to your open position. Additionally, you can release your Reserved Funds positions; this will move your Reserved Funds into the assets section. Please note that you can only choose the option "Release" for your base currency.
On the right is shown how much profits/losses you've made. There are two ways of tracking your profits/losses.
- The regular profit calculator. Just fill in your start balance (the amount you had when you started trading) by clicking the small "Edit" button under it, and your profits will be tracked accurately. We recommend only using this option!
- For those who also trade manually on the same exchange account out of Cryptohopper (not recommended), is the "User Invested/Returns" part. This will try to calculate how much profits/losses you've made based on your sells, instead of a difference in balance. Small mistakes can make this calculator incorrect, so we do not recommend this one.
Would you like to see how much your positions are worth in USD? Click on the blue-colored Base currency in "Total assets in X on exchange".
Trade manually and check your past trades. Your full trade history can be found in the Trade History on the menu on the right.
We recommend using the Advanced View for manual trading, but it's here if you need to access it quickly.
Below the statistics of your profitability, you can see three different toggles. With the first toggle, you can enable/disable the whole Hopper. Once disabled, no information will be received from your exchange. The second toggle is about enabling/disabling the buying of the Hopper. During downtrends, you might want to disable buying temporarily. When using Triggers (link), buying can be enabled/disabled automatically based on your trading style. Use the last toggle to enable/disable selling. During uptrends, you might want to disable selling temporarily. Selling can also be enabled/disabled with the use of Triggers.
Synchronize In the assets section, you can find all of the assets you currently own on your exchange. More importantly, you can synchronize them into your Hopper. Click on synchronize to get started!
In the synchronize menu, you can synchronize positions that you have open on your exchange and not in your Hopper. Thus if you synchronize your assets, your Hopper will convert your holdings into a position. Your Hopper will use the current price as the buy price; thus, it will convert your holding into an open position at 0%. If you've bought the asset for another price and want a correct profit calculation, make sure to fill in the right buying price in the "rate" section.
To synchronize a coin, simply enable sync on your desired coins and then click "synchronize selected". You will then be able to see it as an open position in your Hopper, which you can adjust its take profit, stop loss, trailing stop loss, and DCA, as a regular order. If you do not change anything, then the new position will be sold based on your Hopper's baseconfig, such as your take profit, stop loss, trailing stop loss, strategy, or signals.
You can use the refresh button to reset the rate of the coins at the current market rate.
If you click on sell, the Hopper will open up a limit sell order for you.
If you would like to try out this feature, without risking your hard-earned money, you can try it out in paper trading. Simply deposit some coins via the paper trading deposit, and you will be able to synchronize them just like the real coins.
Please note that dust positions, which are positions smaller than the minimum trade amount of the exchange, can't be synced.
Auto-sync The auto-sync option will synchronize new assets automatically and import them. This feature allows you to exchange them automatically with the help of profit-making tools. This feature is especially useful for miners or merchants who accept crypto, as they can systematically profit from incoming assets.
Warning: Do not use the auto-sync feature if you have multiple hoppers running on your exchange account (the same goes for paper trading).
At the bottom is a crucial part. The Hopper output. This is the part where your Hopper communicates with you. If you ask yourself why your Hopper hasn't bought assets, this is the first place to look!
Traders often forget to make sure that they have enough funds in the base currency or have conflicting configurations and sometimes, your exchange may even be down. Your Hopper output will tell you everything you need to know. If you don't know what a particular error means, check the documentation, the question base or ask our chat support staff.
Connect as many exchange accounts to Cryptohopper as you'd like for free with our Pioneer package. Manage them manually and have a brilliant overview of your complete portfolio from Cryptohopper.
We recommend checking out the Advanced View. It may sound not very easy, but it offers a clear cockpit view that's ideal for any level crypto trader.