Futures Martingale on Bitget- Mobile App Guide
This guide explains how to use the Futures Martingale trading bot on the Bitget Mobile app to automate your futures trading strategy. Learn how to set up, configure, and manage your bot for optimal profitability and effective risk control.
What Is Futures Martingale?
The Futures Martingale bot is an automated trading tool based on the Martingale strategy, which places trades progressively as the market moves against your initial position. It averages the entry price and targets profits when the market reverses.
Key Features:
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Automatic Position Doubling: Increases trade size to lower the average entry price.
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Customizable Risk Parameters: Adjust leverage, safety orders, take-profit, and more.
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Advanced Settings: Tailor the bot's strategy to align with your trading preferences and risk tolerance.
How To Set Up the Futures Martingale Trading Bot?
Step 1: Access the Futures Martingale Feature
1. Tap the Trade tab on the bottom navigation menu.
2. Switch to the Bots tab.
3. Select Futures Martingale from the available bot options.
Step 2: Choose a Mode
1. AI Mode: Automatically configures the bot's settings based on market conditions and predefined strategies.
2. Manual Mode: Offers complete control to customize settings like leverage, entry price, safety orders, and take-profit targets.
Step 3: Select Trading Direction
1. Long: Choose this if you anticipate the asset price will increase.
2. Short: Choose this if you expect the asset price to decrease.
Step 4: Configure Trading Parameters
1. Price Action (Down):
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Define the percentage price drop that triggers a safety order.
Example: If set to 5%, the bot will place an additional order every time the price drops by 5%.
2. TP Target (Take-Profit Target):
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Set the profit percentage at which the bot will close positions.
Example: If set to 2%, the bot will close all trades when profits reach 2% of the average position price.
3. Max Safety Orders:
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Specify the maximum number of additional orders the bot can execute.
Example: If set to 3, the bot will place up to three additional orders during a price drop.
4. Base Order Amount:
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Enter the size of the initial trade the bot will execute.
Example: If set to $1,000, the bot will use $1,000 for the first buy or sell order.
Step 5: Adjust Advanced Settings (Optional)
1. Reinvest Arbitrage Profits in Next Round:
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Enable this option to reinvest profits from completed trades into subsequent trading rounds.
2. Starting Condition:
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Immediate Trigger: The bot starts trading right after activation.
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Conditional Trigger: The bot waits for specified market conditions to start.
3. Safety Order Price Interval:
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Define the percentage price gap between each safety order (e.g., 1%).
4. Safety Order Multiplier:
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Configure the size of each additional safety order relative to the previous one (e.g., 2x).
5. Crossing-Down Termination Price:
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Set the price at which the bot stops placing safety orders to limit risk (e.g., $98,802.6 USDT).
6. Cycles:
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Infinite Cycles: The bot will continue trading indefinitely until manually stopped.
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Custom Cycle: Allows you to specify the exact number of trading cycles the bot will execute before stopping.
Step 6: Launch Your Bot
1. Review all configured settings, including base order size, leverage, safety orders, and take-profit target.
2. Ensure your account balance meets the margin requirements.
3. Tap Create order to activate your Futures Martingale bot.
FAQs
1. What is the minimum amount required to start?
The required amount varies based on your base order size and the number of safety orders. Check the "Required Margin" field during setup.
2. Can I adjust settings after starting the bot?
Yes, you can pause the bot and edit settings anytime through the My bots Dashboard.
3. Does the Futures Martingale bot guarantee profits?
No, while it uses the Martingale strategy, market conditions can vary.
4. What happens if the market moves against my position?
The bot will place safety orders until it reaches the maximum number of orders or the termination price.
5. Are there additional fees for using this bot?
No, but standard futures trading fees apply for all executed trades.
Disclaimer and Risk Warning
All trading tutorials provided by Bitget are for educational purposes only and should not be considered financial advice. The strategies and examples shared are for illustrative purposes and may not reflect actual market conditions. Cryptocurrency trading involves significant risks, including the potential loss of your funds. Past performance does not guarantee future results. Always conduct thorough research and understand the risks involved. Bitget is not responsible for any trading decisions made by users.
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