Yes, MagicTradeBot allows you to restrict auto-trading to specific symbols. This ensures that only selected trading pairs participate in automatic trades triggered by extreme volatility.
⚙️ How It Works
Under the AutoTrade configuration, you can define the allowed symbols:
AutoTrade:
Symbols:
- "BTCUSDT"
- "ETHUSDT"
- "SOLUSDT"
- Only the symbols listed here will be considered for auto-trades.
- All other symbols, even if they experience extreme volatility, will be ignored for auto-trading.
- Alerts for other symbols may still be sent depending on your monitoring configuration.
🎯 Benefits of Restricting Symbols
Focus on high-liquidity pairs
- Limits auto-trading to core assets like BTC, ETH, etc.
- Reduces risk from low-volume or illiquid markets.
Risk Management
- Prevents overexposure to volatile or experimental altcoins.
- Keeps auto-trading within your preferred trading universe.
Better Performance
- Reduces API calls and CPU usage by monitoring fewer symbols for auto-trades.
📊 Example Scenario
AutoTrade:
Enabled: true
Symbols:
- "BTCUSDT"
- "ETHUSDT"
- BTC spikes +2% → Auto-trade executes (symbol allowed)
- SOL spikes +2% → No auto-trade occurs (symbol not allowed)
- Alerts may still be sent depending on configuration
🚀 Summary
You can restrict auto-trading to specific symbols by listing them under AutoTrade.Symbols:
- Only listed symbols will trigger auto-trades
- Other symbols will be ignored for automatic execution
- Alerts may still notify you about unlisted symbols
This allows precise control over which markets your bot actively trades during extreme volatility.