7trade

Trading: start, stop and bot status

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This article explains what is needed for the bot to open a trade, how to start and stop trading and how to find out why there are no trades. How to build an entry rule is described in the article about the strategy builder. Stake and trade time — in the article about the "Trading" section of the settings.


When the bot opens a trade

The bot opens its own trade only when everything comes together:

  1. a strategy is running — it says "running" in the "Strategies" window;
  2. the lock is removed — "Allow trading (lock)" is ticked in "Settings" → "General";
  3. trading is started — the bot's top bar shows "Stop", not "Start";
  4. the rule fired at a candle close;
  5. the asset fits — its payout is not below the "Minimum payout, %" threshold;
  6. there is a place — fewer trades are open than "Simultaneous bot trades", and no previous trade is running on this asset.

The bot decides at a candle close, so the trade opens at the start of the next one.

By default the lock is removed and trading is started. So a strategy that is run starts opening trades right away. If you want to look without trading first, untick "Allow trading (lock)" before running the strategy.

Start and stop

The item in the bot's top bar shows whether trading is running:

What it says What it means What a press does
Stop Trading is running. Trading stops.
Start Trading is stopped. Trading starts.
Trading off The lock is closed. The item cannot be pressed. Nothing: remove the lock in the settings first.
Pale "Start" or "Stop" No strategy is running — nothing to trade by. Nothing: run a strategy first.

The "Start" or "Stop" state is kept after a page reload too.

What "Stop" does. The bot stops opening new trades by the strategy. Trades already open settle on the platform as usual. The strategy keeps running and marking on the chart where it would have entered.

How "Stop" differs from the lock. The lock is a permission. While it is closed, "Start" cannot be pressed, and trading cannot come back by an accidental click. A removed lock does not start trading: that needs "Start".

Look without trading

The cheapest way to check a strategy is to run it with the lock closed.

  1. Untick "Allow trading (lock)" in "Settings" → "General" and save.
  2. Run the strategy in the "Strategies" window.
  3. Watch the chart. A bright dotted line — the bot would have entered here. A dim one — the entry fired, but a confirmation did not let it through.
  4. When the rule suits you, tick the lock and press "Start".

The dotted line is turned on in the "Indicators" window with the "Mark strategy signal (dotted line)" checkbox. It is visible when the chart is open on the bot's timeframe.

The "Bot status" window

The bot's top bar has a circle — the bot's status. Its colour:

  • grey — the bot is still starting;
  • green — working normally;
  • yellow — not a failure, but not working at full capacity;
  • red — failure.

Press the circle — the "Bot status" window opens:

  • "What it is made of" — what affects the work now: the connection to the platform, how many assets passed the payout threshold, whether quotes are coming in, whether trading is allowed. The most important is at the top;
  • "Martingale chain" — at which step the bot's chain is and from which stake it started;
  • "What the colours mean".

Hover over the "Start" or "Stop" item — the hint names the running strategy and the reason if trades are not opening.

Account: demo or real

The bot trades on the account that is open on the platform now. Switch between demo and real on the platform — the bot works on that one.

Start with a demo account. A strategy, martingale and trade time are easiest to check where a mistake costs nothing.

What the bot does not do

  • It does not close trades early. The platform does not allow it.
  • It does not cancel an open trade. That is why it is worth looking without trading first.
  • It does not trade without a strategy. While there is no strategy, the bot does not open a single trade of its own.
  • It does not work in two browsers under one account. More — in the article about the account.

Frequently asked questions

The bot is started, but there are no trades. Press the status circle: the window names the reason. Most often it is a closed lock, "Start" instead of "Stop", a strategy that is not running or a payout below the threshold.

There is a dotted line on the chart, but no trade. The rule fired, but something did not let the trade through: the lock, stopped trading, a payout below the threshold or no free place for a trade.

The trade opened one candle later than the signal. That is intended: the bot decides at a candle close, and the trade opens at the start of the next one.

I reloaded the page — will trading continue? Yes, if it was running before the reload: the bot remembers "Stop" and the running strategy. A few seconds after loading it starts working again.

What's next