⚠️

Financial Disclaimer — Please Read

Coinstrooper is a technical analysis tool, not financial advice. All signals, indicators, and bot actions are based on mathematical models and historical price data. They do not guarantee future results. Cryptocurrency trading carries a high risk of loss. Never invest money you cannot afford to lose. Coinstrooper Ltd accepts no responsibility for trading losses.

Bot Help & Guide

Everything you need to set up and run the Coinstrooper trading bot — 73 coins · 19 indicators

Go to Bot

Quick Start — Get Trading in 5 Minutes

1

Create a MEXC account

Sign up at mexc.com. Complete KYC to enable spot trading.

2

Deposit USDT

Assets → Deposit on MEXC. TRC-20 is cheapest. Start with at least $20–$50.

3

Create API keys on MEXC

See the API key guide below for step-by-step instructions.

4

Enter API keys in Bot Settings

Bot Dashboard → Edit Settings → paste your API Key and Secret Key.

5

Configure your strategy

Set position size, Take Profit, Stop Loss, and select coins. Start small — $5–$10 per trade.

6

Click Start Bot

Bot runs every minute. Opens on BUY signal, closes on TP/SL hit or signal reversal.

💡 Tip: Run with tiny positions ($2–$5) for a week before increasing size.

How to Create MEXC API Keys

1

Log in to MEXC

Go to mexc.com.

2

Open API Management

Profile icon → API Management or mexc.com/user/openapi

3

Create a new API key

Click Create API Key. Label it "Coinstrooper Bot".

4

Set permissions

✅ Read · ✅ Spot Trading · ❌ Never Withdrawal

5

Copy your keys

Secret Key shown once only. Copy immediately.

6

Paste into Bot Settings

Bot Dashboard → Exchange & Market → MEXC tab → paste both → Save.

Never share your Secret Key. Stored encrypted — staff cannot see it. If compromised, delete on MEXC immediately.

How to Create Bybit API Keys

ℹ️ Bybit UTA: All accounts are Unified Trading Accounts by default since Dec 2024.
1

Log in to Bybit

bybit.com

2

Open API Management

Profile icon → API → Create New Key.

3

Select API Transaction

Choose API Transaction. Name it "Coinstrooper Bot".

4

Set permissions

✅ Contracts — Orders & Positions · ✅ Unified Trading — Trade · ✅ SPOT — Trade · ✅ Wallet — Account Transfer · ❌ Never Withdrawal

5

Copy your keys

Shown once only — copy both immediately.

6

Paste into Bot Settings

Bot Dashboard → Exchange & Market → Bybit tab → paste → Save → Test Connection.

Futures risk: Leverage amplifies both gains and losses. Start at 1x leverage.

How to Create HTX, OKX & Kraken API Keys

HTX (formerly Huobi)

  1. Log in to htx.com → Account → API Management
  2. Enable: Read and Trade — never Withdrawal
  3. Paste into Bot Settings → API Keys → HTX tab

OKX

  1. Log in to okx.com → Profile → API → Create API Key → Trading
  2. Enable: Read and Trade — never Withdrawal
  3. Set a Passphrase (custom password — save it)
  4. Paste all three into Bot Settings → API Keys → OKX tab
⚠️ OKX requires all 3: API Key, Secret Key, and Passphrase.

Kraken

  1. Log in to kraken.com → Settings → API → Add Key
  2. Enable: Query Funds, Create & Modify Orders, Cancel Orders — never Withdraw Funds
  3. Paste into Bot Settings → API Keys → Kraken tab
ℹ️ Kraken uses USD — the bot handles routing automatically.

All 19 Indicators Explained

Directional indicators vote BUY/SELL/Neutral and affect the overall signal. Context indicators are institutional filters shown separately — they do not vote. Select them in Trading Signals settings.

📈 Trend-Following

MACD
Trend + momentum. Compares two EMAs via signal line crossovers. Reliable combined trend and momentum indicator.
Supertrend
Strongest single trend indicator. Trailing line above/below price. Very clean signals with minimal noise.
EMA20
20-period Exponential Moving Average. Fast-responding trend filter. Weights recent prices more.
SMA50
50-period Simple Moving Average. Slower, smoother trend filter. Reduces false signals.
Ichimoku
Full trend system with cloud, conversion and baseline. Trend direction + support/resistance simultaneously.
Parabolic SAR
Trailing stop indicator flipping above/below price. Excellent for identifying trend reversals.
HMA
Hull Moving Average. Dramatically reduces lag vs EMA/SMA. Ideal for fast-moving markets. NEW

⚡ Momentum

RSI
Relative Strength Index. Measures speed and magnitude of price changes 0–100. Most widely used momentum indicator.
Stochastic
Compares closing price to range over a period. Identifies overbought/oversold via K/D crossover.
CCI
Commodity Channel Index. Measures deviation from average. Effective for cyclical markets.
Williams %R
Momentum oscillator -100 to 0. Excellent at spotting overbought/oversold reversals quickly. NEW
ROC
Rate of Change. Measures % price change over a period. Positive = accelerating up, negative = down. NEW

📊 Volume & Volatility Bands

Bollinger Bands
Volatility bands above/below a MA. Widen in high volatility, narrow in consolidation. Classic breakout tool.
MFI
Money Flow Index. Volume-weighted RSI. Identifies buying/selling pressure from price and volume.
VWMA
Volume-Weighted MA. High-volume candles carry more weight. Tracks where majority of trading occurred. NEW
Keltner Channels
Volatility bands using ATR around EMA. Smoother than Bollinger. Good for breakout detection. NEW
Donchian Channels
Highest high / lowest low over a period. Classic breakout indicator — price breaks upper = strong momentum. NEW
Squeeze Momentum
Combines Bollinger + Keltner to detect low-volatility squeezes before explosive breakouts. Histogram shows direction. NEW

📌 Institutional Context (Non-voting)

ADX
Average Directional Index. Measures trend strength (not direction). ADX above 25 = strong trend. Context only.
VWAP
Volume Weighted Average Price. Institutional fair-value benchmark. Most volume traded here.
OBV
On-Balance Volume. Tracks cumulative buying/selling pressure. Diverges from price before reversals.
ATR
Average True Range. Measures volatility. High ATR = large swings. Useful for sizing stop losses.
💡 Fixed logic indicators Fixed logic have predetermined rules. All others have adjustable parameters in the Customise tab of Bot Settings.

Live Pricing

Coinstrooper connects to CoinRanking via a persistent WebSocket — a continuous live data stream that pushes prices in real time.

Live P&L
Open positions panel refreshes every 5 seconds using WebSocket prices. Near real-time P&L.
Instant TP/SL
TP and SL fire on every price tick — exits are much closer to your target price, reducing slippage.
Coverage
All 73 managed coins subscribed simultaneously. Any coin is ready the moment you open a position.
Fallback
If WebSocket drops temporarily, system falls back to exchange API prices automatically.
💡 Note: WebSocket prices are aggregated across exchanges by CoinRanking and may differ slightly from your specific exchange at the exact moment of execution.

Bot Settings Explained

Position & Risk

Position Size
Fixed = always $X. Percent = X% of balance. Fixed $10 = each trade risks $10.
Take Profit %
Close when reaching this profit. Fires instantly from live WebSocket price. TP 1.5% closes at +1.5%.
Stop Loss %
Close at this loss. Always set a Stop Loss. Fires instantly. SL 0.8% closes at -0.8%.
Trailing Stop
Follows price up. Activation % — starts after this gain. Trail % — closes if price drops this % from peak.
Max Positions
Max open trades at once. Recommended: 3–5 for $50 account.
Daily Loss Limit
Stops bot for rest of day if losses exceed this USDT amount.

Entry Indicators & Customise

Entry Tab
Select any of the 19 available indicators. All selected indicators vote toward the signal and count toward Confirmed Entry. Save first to see Customise tab.
Confirmed Entry
How many selected indicators must agree before opening a trade. Higher = fewer, more confident trades.
Customise — Adjustable
RSI, Stochastic, CCI, MFI, Williams %R, ROC, HMA, EMA, SMA, MACD, Bollinger — fine-tune parameters per indicator.
Customise — Fixed Logic
Supertrend, Ichimoku, Parabolic SAR, VWMA, Keltner, Donchian, Squeeze — info cards explaining BUY/SELL trigger. No adjustable params.

Timing

Timeframe
• 1m — scalping (free) · 5m — short trades (Pro) · 15m — swing (Pro)
Min Hold Time
Min minutes before SELL signal can close. TP/SL still fires immediately. Recommended: 3–10 min for 1m.
Max Hold Time
Force close after this many minutes. Set 0 to disable.
Cooldown
Minutes before re-entering same coin after closing.
Trading Hours
Restrict new entries to specific UTC hours. Open positions still monitored outside.

Entry Strategy

Signal Only
Enters immediately when BUY signal fires. Most trades, fastest entry.
Confirmed Entry
Requires N indicators to agree. Fewer trades, higher confidence.
Multi-Timeframe
Checks higher TF before entering. Higher TF SELL blocks the trade.
💡 Recommended: Fixed $5–$10 · TP 1.5% · SL 0.8% · Min hold 3min · Confirmed Entry 2 · 1m timeframe.

Bot Controls — Start, Pause, Stop, Panic

▶ Start
Bot runs every minute. Opens on BUY signals. Manages all open positions for TP/SL/trailing/signal exit.
⏸ Pause
No new trades. Existing positions continue to be monitored — TP, SL, trailing stop all fire.
Use when you want current trades to finish naturally.
⏹ Stop
Bot stops completely. Open positions not monitored. TP/SL will not fire.
Only use when taking full manual control.
🚨 Panic Close
Emergency only. Closes ALL positions at market price and stops bot.
Always use Pause, not Stop, if you have open positions.

Exit Strategy — How Trades Close

📡 Signal Exit
Closes when signal flips to SELL. Good for momentum following.
⚠️ May close at small loss before TP — normal when signal reverses.
🎯 TP/SL Only
Ignores signal changes. Only closes on TP or SL. Auto-selected when both TP and SL are set.
Exit on Neutral
Sub-option of Signal Exit. Also exits on Neutral signal. Exits faster when momentum fades.
💡 Recommended: Set both TP and SL for auto TP/SL Only mode. Start with TP 1.5–2%, SL 0.8–1%.

Frequently Asked Questions

How often does the bot check signals?
The bot checks signals every minute. TP/SL fires on every WebSocket price tick — exits are near-instant.
Why did the bot not open a trade?
(1) Max positions reached. (2) Insufficient balance. (3) Cooldown active. (4) Confirmed entry — not enough indicators agree. (5) Multi-timeframe blocked. (6) Daily loss limit hit. (7) Outside trading hours.
Why did the bot close before hitting TP or SL?
Exit Strategy is "Signal Exit". To get exits only on TP/SL, set Exit Strategy to "TP/SL Only" in bot settings.
What are the new enterprise indicators?
Williams %R, ROC (Rate of Change), HMA (Hull MA), VWMA, Keltner Channels, Donchian Channels, and Squeeze Momentum. All selectable in the Entry tab and explained in the Customise tab.
What is the Customise tab?
Shows a card for every indicator you selected (after saving). Adjustable indicators have input fields. Fixed-logic indicators show a read-only info card explaining BUY/SELL trigger.
How does live WebSocket pricing work?
A persistent daemon streams prices for all 73 coins continuously. TP/SL fires on every tick. Dashboard P&L refreshes every 5 seconds. Falls back to exchange API if WebSocket drops.
Which exchanges are supported?
MEXC (spot), Bybit (spot + futures), HTX (spot), OKX (spot + swap), Kraken (spot).
Does OKX need a passphrase?
Yes — API Key, Secret Key, and Passphrase set at key creation. Enter all three in the OKX tab.
What is DCA?
DCA automatically buys more when price drops after entry, lowering average cost. Configure in the DCA tab.
What is the minimum position size?
Minimum $3 per trade. Positions under $1.50 are treated as dust — closed without a sell order.
Is my API key safe?
Encrypted with AES-256. Staff cannot see it. Never enable Withdrawal permissions.
Pause vs Stop?
Pause stops new trades but monitors open positions for TP/SL. Stop halts everything — no protection. Always Pause if positions are open.

Risk Warning & Financial Disclaimer

⚠️ This is not financial advice.

Coinstrooper is a technical analysis and automation tool only. All signals, indicators, and bot actions are based on mathematical models and do not constitute financial, investment, or trading advice.

  • Cryptocurrency markets are highly volatile and largely unregulated
  • Past performance does not guarantee future results
  • Automated bots can lose money faster than manual trading
  • You may lose some or all of your invested capital
  • Never invest money you cannot afford to lose
  • Always monitor your bot — do not leave it unattended
  • Start small until you fully understand the system
  • Consult a qualified financial advisor before making investment decisions

By using Coinstrooper, you acknowledge these risks. Coinstrooper Ltd accepts no liability for trading losses incurred through use of this platform.

×

Search Coinstrooper