Let’s take a look at Deriv Bot’s basic functionalities before we jump into how to create your own trading bot. Building your trading bot with Deriv Bot means putting blocks together like bricks.
To tell your bot your stake amount, bot deriv xml you need to assign a value to your ‘Current stake’ variable.
To understand how the strategy is reflected visually, you can go to the ‘Charts’ tab at the top left corner of your workspace and apply the Bollinger bands indicator in the price chart. To add the indicator, you can do so by clicking on ‘Indicators’ on the left toolbar, clicking on the ‘Volatility’ tab and selecting ‘Bollinger Bands’.
Place 3 ‘Set’ blocks into the ‘Run once at start’ section of the ‘Trade parameters’ mandatory block, and select one of the variables you have just created in each one of them.
To make this process easier, Deriv Bot features a drag-and-drop functionality for arranging the blocks in your workspace:
Your current stake now equals zero. You can change it to any number you want by typing it inside the block.
How to build a basic trading bot with Deriv Bot Build a simple strategy for your trading bot with Deriv Bot. Find out how to set the basic trade parameters, open your first personalised trade.
70.78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
If you accidentally delete one of the blocks from your workspace, you can always add it back from the Deriv Bot dashboard. They are located within their respective tabs, as shown in the image below.
But unlike take profit and stop loss on DBot, which can only be applied once a contract is closed, the Sell conditions block can sell your contract while your trade is still running.
After creating your custom variables, you need to instruct your bot on what to do with them with the help of operations – the blocks that allow your trading bot to perform certain actions. Here are the main types of operations available on Deriv Bot:
Cada uma dessas funções é bastante autoexplicativa e Têm a possibilidade de ser bem útil se você precisar alterar blocos específicos.
Whether you’re a beginner or an experienced trader, you can take advantage of automated trading with Deriv Bot – a trading bot you can build without any coding.
Each block holds specific trading instructions, and all you have to do to build your strategy is attach them to each other, assigning values where necessary.