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    How to Get Started With Futures Martingale on Bybit
    bybit2024-10-14 06:39:22
    On the AppOn the Website

    Here’s a step-by-step guide to creating your first Futures Martingale Bot on the Bybit website.



     




    Create a Futures Martingale Bot

    Step 1: Begin by navigating to the Bybit page's navigation bar and either click on Trade or Tools. From there, select Trading Bot to access the Bybit Trading Bot page.

     

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    Alternatively, on the USDT Perpetual Trading page, navigate to the order zone on the right side and select Tools.

     

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    Step 2: Create your Futures Martingale Bot by clicking Create Now, leading you to the Create Futures Martingale Bot page. Please note that you can create a maximum of 50 Futures Martingale Bots.

     

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    If you have previously created any Bybit trading bots, such as Spot Grid Bot, Futures Grid Bot, or DCA Bot, you can conveniently monitor your Total Equity (USDT) and P&L located under My Bots in the upper right corner of the Bybit Trading Bot page.    

     

     

     

     

     

    Step 3: You have two (2) options for creating Futures Martingale Bots.

     

    1. AI Strategy

     

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    1. Contract: Select the USDT Perpetual contract
    2. Order Direction: Choose the order direction (Long or Short).
    3. Investment: Enter your desired investment amount.
    4. Advanced Settings (Optional) — You can optionally set the following parameters:
    • Entry Price: This price is the reference point for your initial buy and sell limit orders in the trading strategy.
    • Stop Loss: The Stop Loss ratio should not exceed 100%.
    • Enable Loop: If enabled, the bot initiates a new cycle upon reaching the profit target; if disabled, it terminates after the current round. This setting can be adjusted while the bot is running.

    Please note that parameters like Price Decrease, Position Multiplier, Max Additions per Round, Profit Target per Round, Leverage, and 14-Day Backtest ROI are determined based on the historical data performance of the Derivatives contract.

     

     

     

    2. Manual

     

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    1. Contract: Select the USDT Perpetual contract.
    2. Order Direction: Choose the order direction (Long or Short).
    3. Set the following parameters:
    • Price Decrease: Triggers an additional order to your open position when the market price falls by a specified percentage set.
    • Position Multiplier: Refers to investing X times more than the last order.
    • Max Additions per Round: The maximum number of times you can increase your position in a trading cycle. Actual additions depend on the available margin.
    • Profit Target per Round: Once the profit target for a round is reached, the next round of the trading cycle will commence if the Enable Loop feature is activated. However, if Enable Loop is turned off, the bot will be terminated after achieving the profit target for the current round.
    • Leverage (maximum of 50x).
    1. Investment: Enter your desired investment amount.
    2. Advanced Settings (Optional) 
    • Entry Price: This price is the reference point for your initial buy and sell limit orders in the trading strategy.
    • Stop Loss: The Stop Loss ratio should not exceed 100%.
    • Enable Loop: If enabled, the bot initiates a new cycle upon reaching the profit target; if disabled, it terminates after the current round. This setting can be adjusted while the bot is running.

    Once you've configured your bot, click on Create Now.

     

    Tip: If your Trading Bot Account funds are insufficient, click on Deposit or Transfer assets to your Funding Account.

     

     

     

     

     

    Step 4: Review all order details for accuracy, then click on Confirm.

     

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    Congratulations! Your Futures Martingale Bot has been successfully created.

     

    Please note that when creating a Futures Martingale Bot, the system will automatically transfer the investment amount from your Funding Account. 

     

     

     

     

     

     

     

     

    Modify Futures Martingale Bot Parameters

    Step 1: Click on View My Bots at the top of the Bybit Trading Bots page. Then, click on Details of the Futures Martingale Bot whose parameters you want to modify.

     

     

     

     

     

    Step 2: You can now modify the following parameters according to your preference:

    • Investment Amount: Simply click on Invest More to adjust your investment amount.
    • Stop Loss Ratio: Click on the edit icon under Stop Loss to make the necessary modifications.

     

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    Once you've made your desired changes, click on Confirm.

     

     

     

     

     

     

     

     

    View Your Futures Martingale Bot 

    Step 1: Click on View My Bots located under My Bots in the upper right corner of the Bybit Trading Bot to access the My Bots page.

     

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    Step 2: Click on Details in the upper right corner of the Futures Martingale Bot you wish to view.

     

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    Terminate Your Futures Martingale Bot

    To terminate your Futures Martingale Bot, click on Terminate in the upper right corner of the Futures Martingale Bot.

     

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    Upon terminating the Futures Martingale Bot, all pending orders will be canceled, and your active position will be closed at the market price. Subsequently, your funds will promptly be returned to your Funding Account.

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