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.
โ๏ธ 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.
๐ฏ 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.
๐ Example Scenario
AutoTrade:
Enabled: true
Symbols:
- "BTCUSDT"
- "ETHUSDT"
- BTC spikes +2% โ Auto-trade executes (symbol allowed)
- SOL spikes +2% โ No auto-trade occurs (symbol not allowed)
- Alerts may still be sent depending on configuration
๐ 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.