Follow the market uptrends by increasing the take profit target on market uptrends, then buy the dips on reversal. On sideways market trade the spread or small market moves. Works on both liquid and illiquid markets.
Frequently Asked Questions
How it works ?
Sambot.trade is a cloud based software that triggers buy and sell signals to your favorite exchange. Simply connect your account with your API key and the bot will directly trigger buy & sell orders on the exchange according to specific events.
This software can be used by beginners or professionals for trading on medium and small time frames. It follows a very simple logic that works in any market conditions. Using multiple entries, the bot ensures a very high success rate as it can cover significant market moves without triggering a loss.
Why should I choose your software ?
There is a wide range of tools available on the market but most of them are complex to use and you’ll need to learn by yourself how to use different strategies.
Sambot is the most simple bot available on the market. Our goal is that you understand exactly what it does and how to trade. If you are used to trading, just watch this video (30min), and you’ll master the tool. If you are a complete beginner, we offer a full trading course upon registration.
What do I need to start ?
You need an account on one of the supported exchanges which are Binance and HitBTC for the moment. More exchanges are to be added soon.
Is it suited for beginners ?
If you are a beginner, we recommend that you clone other traders’ bots and learn from theses examples. You will receive free tutorial videos when you register that will go into details of the functionalities. We also added alerts to the system if we estimate that you are taking too much risk with your configuration.
Does the bot have access to my crypto currencies ?
The bot can only place orders on your exchange through the API Keys and cannot withdraw it. Your crypto currencies always remains on your exchange. We will NEVER ask for withdrawal permissions.
What strategies can it be used for?
You can use this robot in multiple ways :
Dollar cost averaging
Set an amount of buy orders you want to place in case of a market drop. Set % drop spacing between them and multiplier (if any). The system will automatically buy when the price lowers and will sell at the desired profit when the market rises again.
The robot will listen to the market all day and when it finds a spread wide enough and the bid price is low enough, then it will start setting a bid order. The bot’s job is keeping your order on top of the order book until it gets hit very similarly as a market making bot would do.
Once your bid gets hit it will quickly try to sell it at the current ask. If the spread is wide enough it will be instant. This strategy allows you to make a multitude of small profits during sideways market. The good news is that 90% of the time the market goes side ways.
In case of a sudden market drop, while most of the bots will simply wait for the price to move up to the target price, Sambot will activate it’s dollar cost averaging strategy in order to lower the break even price and get out as quickly as possible.
High win rate
If configured correctly, the win ratio is around 90-99%, but you should stay aware of any market delisting or any major news that might prevent the market from recovering. In this case the stoploss protects your account. Even if you can use this bot as a fully automated system, it was not designed for this usage, and should be considered as a tool that should be monitored and the settings might need a slight change according to market’s situation.
Unlimited Demo Trading !