Ascari Trading Bot: Full User Guide

Welcome to Ascari Trading Bot! This guide shows you how to set up and run your trades directly from our website. You'll learn how to link your API keys, start trades, monitor profits, and use overrides like “Stop Trade” or “Sell Now.”

1. Introduction & Key Features

Ascari Trading Bot automates cryptocurrency trading on BitMart through your account, helping you buy, sell, and rebuy under certain conditions. Key features include:

  • Automated Monitoring: Our bot checks your chosen coin’s price every few seconds.
  • Profit & Loss Targets: If your coin’s price rises/falls by your specified percentages, the bot can sell automatically.
  • After-Sale Rebuy: Once sold, the bot can keep an eye on the market and rebuy if conditions are right.
  • Manual Overrides: You can always step in with “Sell Now” or “Stop Trade” if you want immediate control.
  • Live Profit Updates: Track your accumulated profit in real-time from the dashboard.

2. Setting Up Your Account

  1. Log In / Create an Account: Go to Login or Sign Up. Make sure you have an active subscription if required.
  2. Add BitMart API Keys: On the website, click API Keys and fill in your BitMart keys (Key, Secret, Memo). This allows the bot to place trades for you.
  3. Check Your Balance (Optional): Under your user dashboard, verify how much USDT is available to trade.

3. Starting a Trade

Once your keys are set, you can start a new trade by:

  1. Selecting a Symbol: For example, BTC_USDT.
  2. Entering Amount: Decide how much USDT you want to invest in this trade.
  3. Setting a Rebuy Percentage: This determines how much of your total USDT balance the bot will use to re-enter the same trade after it sells. For example, if you have 1,000 USDT and set a 10% rebuy percentage, the bot will use 100 USDT to buy back in if conditions are triggered. A higher rebuy percentage means more aggressive reinvestment, while a lower percentage is more conservative, leaving more of your funds in USDT.
  4. Specifying Profit Target: A total profit goal (in USDT). If reached, the bot can pause further trading.
  5. Clicking "Start Trade": The bot places a market buy order for that symbol and begins monitoring price changes.

4. Monitoring & Automatic Selling

After you start a trade, the bot checks the market price every few seconds. If the price goes beyond your set Profit Threshold or below your Loss Threshold, it automatically sells to lock in gains or minimize losses.

  • Profit Threshold: A percentage gain to automatically sell (e.g., +1% from buy price).
  • Loss Threshold: A percentage drop where the bot sells to prevent further losses (e.g., -5%).

Each successful sale updates your Accumulated Profit. If your total daily profit meets the Profit Target you specified, the bot will stop making further trades.

5. After-Sale Rebuy (How the Rebuy Percentage Helps)

Once a sale is complete, the bot continues monitoring that coin. If the price makes another significant move (up or down) by your chosen thresholds, the bot will rebuy using the Rebuy Percentage you set.

  • This rebuy percentage is crucial: it controls how big of a new position you open once the bot deems the market favorable again.
  • A higher rebuy percentage puts more of your capital back into the market quickly, potentially capturing additional profits—but also increasing risk.
  • A lower rebuy percentage is more cautious, leaving more of your assets in USDT until you confirm market conditions are stable or moving in your favor.

This feature helps you take advantage of ongoing volatility without you having to be at your screen 24/7.

6. Manual Overrides

  • Sell Now: Immediately sells your current position in the active coin, ignoring thresholds.
  • Stop Trade: Halts all trading activities for that day, clears monitoring intervals, and resets your trade progress.
  • Buy Now (Optional): Forces a new buy of the current coin using a portion of your available balance. Handy if you want to re-enter before the bot’s conditions are met.

7. Checking Profits & Logs

On your user dashboard, you can monitor:

  • Accumulated Profit: Shows net gains (in USDT) from all trades made during the current session.
  • Trade Logs: A listing of recent buy/sell actions, plus any notifications from the bot.

8. Example Workflow

  1. Log In: Ensure you have an active subscription and go to your dashboard.
  2. Enter API Keys: So Ascari can place trades for you on BitMart.
  3. Start Trade: Choose a coin, specify the USDT amount, set Rebuy Percentage, and optionally add a Profit Target.
  4. Bot Buys & Monitors: If price hits your profit/loss thresholds, the bot sells automatically.
  5. After-Sale Rebuy: The bot can re-enter the market, using the percentage you configured.
  6. Manual Overrides: “Sell Now” to exit immediately, or “Stop Trade” to end the session.

9. Frequently Asked Questions (FAQ)

  • Q: Do I need a subscription?
    A: Yes. Ascari checks that your plan is active before it executes trades.
  • Q: Where do I see logs and profits?
    A: Check your dashboard. It shows real-time profit data and trade logs.
  • Q: Can I track multiple coins at once?
    A: The default interface supports one active trade view, but the backend can be expanded to manage additional simultaneous trades if desired.
  • Q: How does the Rebuy Percentage really impact my trading?
    A: After a sale, it dictates how large your next position will be if the bot decides to buy again. Higher percentages mean more aggressive reinvestment.
  • Q: What if I change my mind mid-trade?
    A: Use “Sell Now” to exit immediately, or “Stop Trade” to halt all activities.

Happy Trading with Ascari Bot! For more details or support, please visit our Help Center or contact us directly. May your trading experience be profitable and stress-free!