Managing and Modifying Your LOOP Bot

Managing and modifying your LOOP Bot is essential for adapting to changing market conditions.

1. On the Bots Page Select the bot you'd like to modify > Click Bot Actions > Modify bot. Only Take Profit can be adjusted:

- Total % PnL: Take profit based on the total percentage of profit when the price hits a certain level in either the base or quote currency.

- Price Target: Set the TP to trigger when the price reaches a specific level.

2. Save changes by clicking [Confirm].

NoteStop Loss, Trailing up, Trailing down and Add Funds features are not available for Loop bot. Bot automatically reinvests profit.

Click [Stop Bot] and choose:

- Convert to Base Currency: Sell quote currency at market price to buy back base currency.
- Convert to Quote Currency: Sell base currency at market price to acquire quote currency.
- Keep Base and Quote Currency: Close all orders and transfer the balances back to your account.

Navigate to the History Tab, select your bot, and click [Bot Actions > Restart] to reinitialize with updated settings.

Monitoring and Analysing Your Bot: Review the metrics and manage orders efficiently.
Combo Bot Guide: Explore how to use Combo Bots for more advanced trading strategies.

If you encounter any issues or have questions, don’t hesitate to contact the Bitsgap Customer Support Team.