Index Bot

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With the Crypto Index Bot, you can invest and diversify a percentage of your portfolio with the wide range of currencies available on the platform. The bot will rebalance your assets when one of the currencies has risen or dropped in value and breached the threshold.

Restriction

Only works on spot markets.

About

With a large number of cryptocurrencies available, it can be hard to pick the right one. This Crypto Index Bot will allow you to create a diverse portfolio. This way you can more easily invest in the individual growth of the many diverse coins.

Performance

Relies heavily on user-defined parameters.

Parameters

IndexBot-Settings.png

Index Coin This currency will be the main currency. Adding and removing balance to your indexes will be done with this currency. The currencies available will all have a direct market with the index coin. Other currencies are filtered out.

Total Index Value

The allocated amount for the bot to create an index with.

Template

Some exchanges offer a 0% fee for using native order templates. The Crypto Index Box gives you the ability to take advantage of these native order templates.

IndexBot-Settings2.png

Currency Currency to have in your index

Amount The total value of this index relative to your Total Index Value

Buy Threshold When the value of a currency has dropped a predefined percentage the bot will buy more of that currency so that the total value of that coin is equal to the defined Amount.

Sell Threshold When the value of a currency has risen a predefined percentage the bot will sell a piece of that currency so that the total value of that coin is equal to the defined Amount.

Value The actual amount of each cryptocurrency.

Balance Equally This will equalize the amount between the currencies.

Add Coin

Add a new coin to your index.

Pie Chart

Index Distribution. This is a visualization of the bots index settings.

Index-CurrentDistribution-Pie.png

Current Distribution This is a visualization of the current distribution of the indexes.

Index-TargetDistribution-Pie.png

Profit Calculation Profit is calculated by subtracting the amount the bot has added to the indexes and the amount the bot has removed from the indexes. When the bot starts for the first time, the trades it places to equalize your balance accordingly are not to be used in the profit calculation. The fee will be taken into account.

Examples Total Index Value: 1 BTC.

ETH index with 10%

ETH Buy Threshold of 10%

ETH Sell Threshold of 5%

Scenario 1 - ETH price raises.

When the total value of the ETH in your wallet grows to >10% of the Total Index Value the bot will sell off a portion the ETH to lower your ETH exposure to 10% of the Total Index Value.

Scenario 2 - ETH price drops.

When the total value of the ETH in your wallet shrinks to <5% of the Total Index Value the bot will buy extra ETH to equalize your ETH exposure to 10% of the Total Index Value.