Proto Trader Bot
September 2024 - October 2024
A Telegram bot to automate crypto trading.
Contributors:
Killian Rammus, Tom Rivillon
Project Overview
Proto Trader Bot is a Telegram bot that automates cryptocurrency trades. This bot has an interface for tracking the progress of trades that have been set up, as well as a control panel for buying or selling the cryptocurrency or token you want. Additionally, this bot automates the purchase of cryptocurrencies by setting the amount you want to invest per trade for each 'whale' you have configured. In other words, the bot automatically buys a quantity of cryptocurrency that one of the configured whales is about to buy. To use the bot, simply connect your wallet and configure the various available parameters, or generate your crypto wallet based on the chain you want to use. This bot currently only supports Solana, TRX and Ethereum chains.
Key Features
- Cryptocurrency trade automation
- User interface for tracking ongoing trades
- Control panel for buying or selling cryptocurrencies
- Trading parameters and whale configuration
- Crypto wallet generation for different chains
- Secure connection with wallet for trading
Context
Proto Trader Bot is an innovative project that aims to simplify and automate cryptocurrency trading. In full expansion, the crypto market offers many investment opportunities, but it can be difficult to follow trends and make quick and effective trading decisions. That's why we decided to create a Telegram bot that will allow traders of all levels to maximize their performance and minimize risks.
Idea Genesis
The idea for this project came from the desire to simplify and automate cryptocurrency trading. Indeed, the crypto market is constantly evolving, and it can be difficult to follow trends and make quick and effective trading decisions. Proto Trader Bot aims to solve this problem by offering an automated and user-friendly solution for traders of all levels.
Main Features
- The bot allows you to configure multiple cryptocurrency chains, such as Solana, TRX and Ethereum. Each chain can be individually configured according to user preferences, including the amount to invest per trade, whales to follow, alerts to activate, etc.
- An advanced crypto wallet management system is integrated into the bot, allowing the generation of wallets for each cryptocurrency chain. These wallets are secured and encrypted, ensuring the confidentiality and security of transactions. The user can also generate their wallet on their side and link it to the bot for trading.
- The bot offers complete management of buy (BUY) and sell (SELL) order features, allowing the user to customize its behavior according to their needs. It is possible to define general parameters, such as activating or not specific modes, and to manage precise restrictions, such as not buying if the market capitalization (MC) is below a predefined threshold. The user can adjust criteria such as minimum or maximum price, liquidity, slippage, or configure alerts to monitor price impact. For sales, advanced options such as automatic sales at high or low thresholds, percentage management sold, and automatic retries in case of failure are also available. These features allow great flexibility and optimized order automation.
- A monitor is integrated in the bot that allows real-time tracking of the status of ongoing transactions. This panel displays all essential information about tracked trades, such as current price, market capitalization (MC), percentage gain or loss, initial and current transaction value, as well as time elapsed since launch. You can also view price impact, expected payments, and configure automatic actions such as buying on a price drop or automatic selling based on defined thresholds. The monitor offers options such as slippage adjustment, sale by percentage or precise amount, and offers advanced management tools such as profit and loss tracking (PnL Card), dynamic thresholds, and the ability to refresh or reset data at any time. With this clear and intuitive interface, the user maintains full control over their trades and can adjust parameters with one click to maximize performance and minimize risks.
- Finally, a copy trading feature is available on the bot that allows you to automatically follow the trades of other users or whales with complete customization of parameters, such as enabling automatic buying, setting a maximum purchase amount, purchase percentage, global slippage, gas price and minimum and maximum market capitalization thresholds as well as liquidity, it is also possible to configure automatic selling with thresholds defined for increases or decreases, adjusting amounts or percentages to sell according to conditions, excluded transactions such as airdrops or those not from followed addresses can be bypassed with the Blind Follow option, thus offering a flexible and adapted experience to maximize gains and minimize risks while benefiting from the expertise of other traders.