Topics
    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 App.



     

     

     

     

    Create Your Futures Martingale Bot

    Step 1: On the homepage, tap on Trading Bot to access the Bybit Trading Bots page.

     

    GS MBA - 01.png

     

     

     

     

     

    Step 2: Tap on Futures Martingale Bot to navigate to the Futures Martingale Bot page. Please note that you can create a maximum of 50 Futures Martingale Bots.

     

    GS MBA - 02.png

     

     

    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 Unrealized P&L at the top of the Bybit Trading Bots page.

     

     

     

     

     

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

     

    1. AI Strategy

     

    GS MBA - 03.png

     

    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

     

    GS MBA - 04.png

     

    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, tap on Create Now.

     

     

     

     

     

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

     

    GS MBA - 05.png

     

     

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

     

    GS MBA - 06.png

     

     

     

     

     

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

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

     

    GS MBA - 07.png

     

     

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

     

    GS MBA - 08.png

     

     

     

     

     

     

     

     

    View Your Futures Martingale Bot 

    After tapping on Confirm, the page will automatically redirect you to My Bots, where you can view your active Futures Martingale Bots.

     

    Alternatively, you can also tap on View My Bots to enter the Bybit Trading Bots page.

     

    To access more information about your Futures Martingale Bot, please tap on Details.

     

    GS MBA - 09.png

     

     

     

     

     

     

     

     

    Terminate Your Futures Martingale Bot

    To close your Futures Martingale Bot, tap on the Terminate icon in the upper right corner of the Futures Martingale Bot.

     

    GS MBA - 10.png

     

     

    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.

    Was it helpful?
    yesYesyesNo