How to Configure Your Cryptohopper Trading Bot for Consistent Profits

Setting up an automated trading bot can feel overwhelming at first, especially when you're staring at dozens of configuration options. But here's the good news: you don't need to buy expensive templates from the marketplace to get started. With the right settings, you can configure your bot to target steady gains of around 1-1.5% per trade using a scalping approach that minimizes risk.

This guide walks you through the exact configuration settings that matter most. These aren't theoretical recommendations—they're tested parameters designed to help you avoid holding coins during market downturns while capturing quick profits.

Why These Settings Focus on Scalping

Before diving into the technical setup, let's talk strategy. Scalping means taking small, frequent profits rather than waiting for massive price swings. The advantage? You're far less likely to get stuck holding depreciating assets when Bitcoin takes a dive and drags the entire altcoin market down with it.

The configuration we're about to cover aims for that sweet spot of 1-1.5% profit per successful trade. It might not sound exciting compared to 50% moon shots, but consistency beats volatility when you're running an automated system.

Getting Started with Base Configuration

Head to Config → Baseconfig in your dashboard. This is where the foundation of your trading operation gets built.

Name and Bot Status
Give your hopper a memorable name—something that helps you identify it if you're running multiple bots. Set "Live bot" to On if you want actual trades to execute. If you're still testing the waters, keep it off or use paper trading mode to simulate trades without risking real capital.

Exchange and Trading Speed
Connect your exchange through the API keys you set up earlier. For ticker rates, always select "Highest bid/Lowest ask" to ensure your orders execute quickly at current market prices. Speed matters in scalping, and this setting keeps you from missing opportunities due to slow order placement.

Notifications
Choose which alerts you want to receive. Most traders appreciate getting notified about completed trades and errors, but constant updates about every small action can become noise. Find your preference here.

Configuring Buy Settings for Smart Entry Points

This section determines when and how your bot enters positions. Getting this right means buying at advantageous prices without leaving orders hanging indefinitely.

Order Type and Pricing
Set order type to Limit rather than Market. This gives you control over entry price. For percentage bid, use 0.175% lower than current price. This small discount increases your chances of buying coins with a bit of cushion already built in.

Set max open time for buy orders to 5 minutes. If the market moves away from your price within that window, the order cancels automatically rather than sitting there unfilled.

Position Management
Here's where things get crucial for risk management. Set max open positions to 80 and max percentage open positions per coin to 0.5%. These two settings work together to ensure your bot only holds one position per coin at any given time, preventing it from averaging down accidentally before you're ready.

Enable cooldown after sells and set it to 2 hours. This prevents your bot from immediately jumping back into a coin right after selling it, which often happens during choppy, indecisive markets.

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Selecting Your Trading Pairs and Allocation

Base Currency Selection
This is non-negotiable: choose USDT or another stablecoin as your base currency. Trading against volatile base currencies like Bitcoin introduces an additional layer of risk that makes it nearly impossible to track actual performance. After you've made profits in USDT, you can always convert to Bitcoin or any other asset you prefer.

Coin Selection
Your subscription tier determines how many coins you can trade simultaneously. For a Hero subscription, consider allocating across established altcoins with decent liquidity: BNB, NEO, LTC, QTUM, ADA, EOS, IOTA, XLM, ONT, ETC, ICX, VET, LINK, WAVES, ZIL, ZRX, BAT, ZEC, DASH, NANO, OMG, ENJ, MATIC, ATOM, ONE, ALGO, DOGE, BAND, XTZ, RVN, HBAR, BCH, SOL, KNC, REP, COMP, ZEN, VTHO, MKR, STORJ, MANA, EGLD, UNI, OXT, and HNT.

This diversification spreads risk across different market sectors while maintaining enough liquidity to enter and exit positions quickly.

Position Sizing
Set percentage buy amount to 1.2% of your total capital per position. This means with your 80 max positions, you could theoretically deploy 96% of your capital if all positions filled simultaneously (which rarely happens in practice). Set minimum order amount to $12 to ensure you're well above Binance's $10 minimum and avoid rejected orders.

Strategy Configuration
For now, select "Multiple TA factors" as your strategy. This basic technical analysis approach works as a starting point while you're learning the system. We'll cover more advanced strategy options in future discussions.

Set number of targets to buy to 10, allowing your bot to evaluate multiple opportunities and execute on the most promising ones.

Disable trailing stop-buy—you want clean, straightforward entry points for this scalping approach.

Optimizing Sell Settings for Profit Taking

The sell side is where your profits get locked in. These settings determine when your bot exits positions and how it handles different market scenarios.

Basic Sell Parameters
Set take profit at 4.4%. Combined with your other settings, this creates a baseline exit target. Use Limit orders here too, with max open time of 5 minutes. Set percentage ask to 0.05% higher than current market price to position your sell order slightly above the market for better fill rates.

Strategy-Based Selling
Turn off "Sell based on strategy." You want to sell based on your profit targets and trailing mechanisms, not because some indicator changed. However, keep "Hold asset when new target is the same" turned on—if your strategy signals another buy for a coin you're already holding, there's no reason to sell just to buy back immediately.

Stop-Loss Configuration
Disable standard stop-loss. You're using something better.

The Secret Sauce: Trailing Stop-Loss

This is the most important configuration in your entire setup. Trailing stop-loss is what transforms a basic bot into a profit-protecting machine.

Enable trailing stop-loss and set the percentage to 0.5%. This means once your position moves favorably, the bot will automatically sell if price drops by 0.5% from the highest point reached.

Set "Arm trailing stop-loss at" to 1.5%. This is the minimum profit threshold before trailing protection kicks in.

Here's how this works in practice: Your coin pumps to 10% profit. The trailing stop-loss is now protecting that gain. If the price suddenly dumps, your bot sells at 9.5% profit (10% - 0.5%) instead of riding it all the way back down. But your minimum exit is still 1% profit (1.5% - 0.5%), giving you that consistent scalping return even on modest moves.

Turn on "Use trailing stop-loss only" and "Only sell with profit." Turn off "Reset stop-loss after failed orders."

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Handling Market Downturns with Dollar Cost Averaging

Even with careful entry points, sometimes the market moves against you. Dollar Cost Averaging (DCA) is your safety net for these situations.

Enable DCA with Limit orders. Set it to trigger after 3 hours of a position being open, with a maximum of 4 additional orders. Set the percentage trigger to 6%—this means if your position drops 6% below your entry, the bot will place another buy order.

Choose "Double Down" for DCA order size. This means each successive order doubles the previous amount, rapidly lowering your average entry price when you do need to deploy this tactic.

Keep "DCA buy immediately" disabled so the bot waits for your specified time period rather than rushing into additional positions.

Final Configuration Checks

Disable auto-close and all shorting settings. This configuration is designed for straightforward long positions only, capturing upward price movement in a controlled way.

With these settings in place, you've essentially built your own trading template focused on consistent, small profits while managing downside risk through position limits, trailing protection, and strategic averaging.

What Comes Next

This configuration gives you a solid foundation, but there are still two critical components to address in future setups: advanced trading strategies beyond basic technical factors, and quality signal sources that identify the best entry opportunities. These elements can further enhance your bot's performance, but even with just the template settings outlined here, you have a functional system ready to trade.

The key now is monitoring your results, understanding how different market conditions affect performance, and gradually refining your approach based on real data from your own trading activity.