Hi Pshai,

I’m using this bot with Bitmex/XBTUSD and I have a few questions:

– in the settings I set “order size” to 15000 and multiplier to 1, thus I’d expect the bot to always open positions of size 15000. Instead right now
I see the bot has opened a position of 195000 usd… looking at the position on Bitmex it is saying that margin is “0,0386 XBT (Cross)”, so if I understand
corretly this means that the bot opened 195000 contracts with 100x leverage, because current BTC value was 53096 usd, so the position value in BTC
is 3.61 BTC and with a 100x leverage and including commissions this corresponds to 0,0386 magin. So my question is, why did the bot opened
a position of 195000 usd with 100x leverage?

– in the safety settings under stop loss I set 0,3%. So I’d expect the bot to close positions when the value of BTC has moved 0.3% away from the starting
value in the opposite direction of the position that the bot opened. But i don’t see a counter order for this being placed by the bot.

I’d like to show you the current situation of the position and orders opened by the bot, and I’d like you to explain me if it is all correct:

current position:

XBTUSD
size: -195.000 USD
value: 3,6117 XBT
entry price: 53096.31
mark price: 53990.64 57114.0
margin 0,0386 XBT (Cross)
unrealised PNL -0,0608 XBT (-165.65%)

active orders:

order #1:

XBTUSD
size 195000 USD
order price 52970.5
filled —.–
remaining 195000 USD
order value 3,6812 XBT
type Limit

order #2:

XBTUSD
size -15000 USD
order price 55860.5
filled: —.–
remaining 15000 USD
order value 0,2685 XBT
type Limit

So the first order seem to me the take profit order for the position that was opened… in fact i can see the limit is set at 0.3% below the entry value of the
position (I’m using a take profit setting of 0.3%). But given that there is 100x in the position then I’d expect the value of this order to be 1% in value of the
position size… so about 1950 usd instead of 195000 usd, or am i wrong?

The second order I don’t understand it… does this have to do with the stop loss? Can you explain me why it is 15000 usd ?

thanks

• This reply was modified 2 years, 6 months ago by saveriocastellano.