* Premium 1 Strategy will work for any coin pair listed on Hummingbot Miner, as long as the Spread is equal too 2.00%. See Image Below
If you notice in the image above, all coin pairs have a 2.00% in the “Spread collum on HB Miner. The only coin pair the DOES NOT have 2.00% is DAO/USDT, which I have labeled with a red “X”, it has 1.00% .
After logging into your Bot Link #1 here:
1. Enter the following commands below:
connect 'your_exchange"
2. Replace “your exchange” with your desired supported exchange for this startegy: gate_io , kucoin , binance , or acend_ex
3. Next enter the strategy config command:
create
4. Choose “premium_1” for the strategy type
5. Select your coin pair from the supported list at the Hummingbot Miner
6. Add your order amount you want to trade with, I recommend putting “1” and we will change this value later
7 Name your strategy, remember if you restart your bot you’ll need to re-import the strategy using it’s saved file name. For example:
import your_strategy.yml
8. Type the following command below to see all you configurations so far:
config
9. Now all that’s left to change is the order_levels and order_amount per level.
I recommend setting order levels too 25, or if you run multiple bots on a single exchange, divide up the 25 order levels between 2 bots.
For example 12 order levels for Bot #1 and 12 order levels for Bot #2. Since we only have one bot in this example we’ll type this:
config order_levels 25
10. now we set order_amount
The formula to determine the order amount per order level is this:
Take your total amount you want to trade with, lets say in this example $100 USDT and divide that by the USDT price of the coin-pair you choose in step 5.
In this example lets say I choose FRONT/USDT , and the current price of a single FRONT coin is $0.04 cents.
$100 USDT / $0.04
This equals 2,500
Then we take this value and divide it by our order levels we determined earlier in step 9.
2,500 / 25
This equals 100
So we set our order_amount value to 100
config order_amount 100
11. After setting this value your ready to run bot. Type this command to start:
start
