Is there a API Trading bot or script that do this 👇

[REFLEXGAMING007]

Scenario 1:

Imagine I have $50 worth of KCS. After trading with other coins / The overall KCS value dropping, Now I reached the $40 valuation mark in my KCS holdings. When that happens I want the bot to buy $10 worth of KCS from USDT to make it $50 again in my KCS holdings.

Scenario 2:

Imagine I have $50 worth of KCS. After trading with other coins / The overall KCS value increasing, Now I reached the $60 valuation mark in my KCS holdings. When that happens I want the bot to sell $10 worth of KCS to USDT to make it $50 again in my KCS holdings.

The point of this bot is to balance a certain valuation in my KCS holdings. I want to trade hundreds of dollars in KCS market through your SymBot but I don't want to hold hundreds of dollars worth of KCS that's why I'm searching for this bot. just in case there's a huge crash in KCS to minimise the damage.

If I were to find this, my life would be as good as set🔥

[3cqs-coder]

It sounds like you're looking for a hedging type of strategy. SymBot is primarily DCA focused but also includes signals to help enter deals at more opportune times. The strategy you're describing would require something like a custom TradingView script which would then call SymBot's APIs / Webhooks to add funds at certain levels defined by your script. There are lot of custom TradingView strategies out there, but without a lot of testing and experience with custom strategies and coding, this can be very risky. SymBot may in time include more strategies, but currently this is not something that would work out of the box.

[REFLEXGAMING007]

Wait why TradingView. 🤔

I thought all it need to do is detect the valuation of KCS in my portfolio so that it can buy at 40$ & sell at $60... Only to balance it at $50

The reason I'm searching for this is that I want to trade a lot of cryptos in KCS market through SymBot but that also means I'm supposed to hold a lot of KCS as well in my portfolio which I don't want. So I want to balance certain amount value of KCS in portfolio where using that symbot can buy safety orders of required coin which decreases the amount of KSC in my portfolio from $50 to $40 & that's the exact time I want the script to add 10$ worth of KCS in my portfolio... and opposite scenario for selling, when SymBot closes a deal & portfolio KCS value touches $60

By the way this not a strategy. I'm not buying & selling KCS for profit.

[3cqs-coder]

It's just a suggestion to use TradingView. You would need something external to track your portfolio and when to place orders. SymBot does not have a strategy built-in to to do what you're looking for, so it really is a different type of strategy, like hedging. :)

[REFLEXGAMING007]

Okay thanks.

Do you know any external scripts that buys & sells based on coin portfolio value? also is there a name for this or something similar to this thing? Like what should I search in google for this

It's ok if you don't tho

[3cqs-coder]

Unfortunately no, there are a lot of factors to building custom trading bots and strategies, but this might be something that can be considered for the future of SymBot. :)

[REFLEXGAMING007]

Thanks!!