Config Settings
This page will describe how different settings in your config will determine your performance.
These settings are up to your own discretion!!! This page will give generic values to follow while you're learning. Every coin will demand different settings then the last, its up to you to be able to learn and figure out which will work best for you.
Buy Trigger: This will determine the dip % that will activate your buy, a standard rule to follow is not to go under 20-30%, anything less is not a considered a "dip". BUT this varies coin the coin. some coins move 60% every few seconds so having 30% buy trigger will not work well on that coin for example. For your buy, you want to buy a dip that is generally bigger then when the coin is moving. If the coin is moving up and down 10%-30% every few seconds, you'll want to have a buy trigger of around 35%-45%, you want to buy the bigger dips that happen less often to ensure it will go back up. As you get better, this value can be moved down to 25% for example but will require SO much more micro managing and if not done correctly, you can burn yourself and potentially lose money. This is also determined by the amount of fees you're spending and the liquidity of the coin you're running. For example: If My fees are 0.2 SOL ($50) in total, and I'm running for a 20% dip on a 50k liquidity coin, I'll end up +-PNL on that trade because of the fees, generally the higher the liquidity the lower your threshold is for profitability. If your running a 500k liquidity coin, you'll be buying 5k worth of that token, meaning that 15% profit is still massive.
Sell Trigger: This is a bit more easy going, you'll want to sell on the way up, usually 30-75% of the way up. If you're running a SUPER volatile coin, you want your trigger to be a bit lower so hopefully you'll get wicked up, but you don't want to sell the very top on these highly active coins because it will wick down and end up making less money. For example: If I'm running an active coin, and my buy trigger is 25%, I'll set my sell to around ~15-19%.
Priority and Blox Tip: Your fees are a super important part, other people are doing this as well and using the network so you have to have your fees high enough to be competitive. The usual settings I follow are: Buy Prio Fee: 0.03 SOL - 0.13 SOL Buy Blox Tip: 0.03 SOL - 0.4 SOL Sell Prio Fee: 0.01 SOL - 0.05 SOL Sell Blox TIp: 0.01 SOL - 0.05 SOL These will be different on how active the coin/market is, how much profit it will be taking up, and competition towards that coin. At the end of the day, you want to be the FIRST person in that dip, These fees will determine the speed of your transactions, the further behind you are from first, the less money you'll make, so its important not to cheap out on fees. The buy speeds is WAY more important than the sell speed so fees can be a little reduce on the sell.
Slippage: Slippage is a lot more straight forward, at what point is a trade not worth going for? Generally the bigger the coin and the bigger the dip is will have more slack on the slippage. Generally i keep this at 30-50% (0.3 - 0.5 in config.yaml), sometimes you just cant get in a coin fast enough for slippage to be so low so you'll have to move your slippage up accordingly.
Stop Loss: For a stop loss I generally don't use it because I always use the token seller page, but it is a safety net for newer users. If I were to recommend a percentage, it would be 20%-60% depends how ready you are to cut losses on the token seller. Everyone will have a different way of approaching this strategy, please find what's best for you and apply it!
RPC: You need to have a strong RPC to send quick transaction otherwise you'll be late to the trade, the faster the better the profit. Please refer to the RPC page in the "Needed Tools" section for more information.
Price Window: I would keep this on 4000 unless you want to lower it, but I would advise against moving it up because you wouldn't be buying a "DIP".
Price Refresh: This settings checks the price every X amount of ms. So at 50, it would check the price every 50MS. I would keep this at around 20, if its higher then 50 you can be late to a dip.
Safe Modes: I usually keep them on and off depending on the situation I'm in. If I'm buying a huge amount ill tend to stick with safe, or if I'm getting MEVVED really badly. If I need to be quicker and I'm buying with a smaller amount, ill turn it off. Please note that having this will mean you can't get mevved at the price of reduced speed.
Liquidity monitor amount: I generally keep it at around $50k, I don't really run coins lower then 80k so i will stop them manually, this is just a just a safety net.
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