1. Home
  2. Docs
  3. Knowledge Base
  4. MT Basics
  5. Global Strategy Settings

Global Strategy Settings

Global Settings are used to setup and configure basic strategy settings. It’s important to understand that Global Strategies overwrite whatever is set inside the strategy itself. Global Strategy settings are the most simple way to change basic settings and behaviors as well as setup the basic machina settings such as allowed trading pairs and buy amounts.

Machina Settings

Setting Description
Name Name your Machina so you can identify it amongst your other machinas.
Enabled If enabled, your Machina can be started in either paper or live mode based on its configuration.
Enable Buy Enable or disable Buying on this Machina.
Enable Sell Enable or disable Selling on this Machina.
Start Amount Enter the start amount for your Paper Trading.
Exchange Select Select an exchange to use with this Machina.

Strategy Settings

Setting Description
Name Sync Synchronize the name of your Machina to the name of the currently selected Strategy.
Strategy Select a Strategy. If required, visit the Market Place to subscribe to more strategies.
Period Choose your candle size.
Minimum Candles X
Parameters X

Buy Settings

Setting Description
Buy In Price Strategy This will determine the price at which a will buy an asset based on the current candle.
Max Open Buy Time The maximum number of open positions this slot can have open at a time.
Max Open Positions Per Coin Determines the maximum number of open positions allowed per coin type. The total number of open positions will not exceed this calculated value, which is a percentage of the “max open positions” field. If you allow a maximum of 100 open positions and 4% open positions per coin, this slot will allow a maximum of 4 positions per coin type of 100 total open positions.
Only One Open Buy Order Per Coin When enabled, this slot will only allow a single open order per coin at once, with the exception of manual orders. NOTE: Multiple positions of a coin can still be opened. This can be configured with “Max percentage open positions per coin”.
Only Buy When Pair Positive If enabled, this slot will only buy coins that have a positive change % in the last specified period. If there are no positive coins, this machina will not buy.
Only Buy If Minimum Amount Of Volume Only buy if the coin has this minimum volume.
Enable Cooldown When you enable cooldown, this slot will not buy a coin within your chosen cooldown period after a buy or sell.
Cooldown When Select if you want to enable cooldown period only after buys, sells, or after both.
Cooldown Period Enter the cooldown period in seconds. In the cooldown period after the buy or sell, the coin will not be bought again.

Coins and Amount

Setting Description
Base Currency Select the currency you want to use to buy positions. This slot will actively work to increase the amount of this currency.
Allowed Coins Select the coins you want this slot to buy and sell.
Add Top Volume Currency Choose which of the top volume coins you want to trade.
Disallowed Coins Select the coins you want this slot to buy and sell.
Percentage Buy Amount Determines the size of each buy order. This value is a percentage of your total assets or the “Maximum amount allocated” field if configured. If this value falls below your exchange “Minimum amount per order,” that value will be used instead.
Minimum Base Currency Per Order Determines the minimum amount for every buy order. If “Percentage buy amount” is not used (left blank), this slot will use this value. Please set this equal to or higher than the minimum amount for your exchange and base currency. NOTE: When your available funds are lower than the minimum amount configured, a position will be made with available funds, disregarding the minimum.
Maximum Base Currency per Order The maximum amount the bot may use from your total assets. For example, if you have 1 BTC and you enter 0.5 here, this slot will only be able to use 0.5 BTC.

Sell Settings

Setting Description
Sell Mode This determines the way orders will be sold, and the three options are as follows:

Stop-loss Settings

Setting Description
Enabled Enable stop-loss orders. Your coins will be sold with a loss if they go lower than the percentage configured.
Execute On Determine what value from the last candle to use to determine if the stop loss has been hit.

Trailing Stop-loss Settings

Setting Description
Enabled This will trail the profit percentage upwards, tracking a position that is gaining until the price starts to go down, after which the position is sold.

Auto Close Settings

Setting Description
Enabled If enabled, this slot will automatically sell positions after X time.

How can we help?