How do I interpret a bot’s historical performance?
When browsing bots on the Marketplace you have the opportunity to view a bot’s performance and symbols.
Bots may perform differently in different market situations, so always consult all the information available to you about the bot. A bot may have a lower short-term return (1h, 24h), but perform well in a longer time-frame (or vice versa). The Performance chart allows you to view the bot’s historic performance since it’s initial launch. The longer the bot has been on the Marketplace, the more data is available to you. Simply hover over the graph and zoom out or drag the chart to the left and right.
Creators may decide to publish more charts to help you understand how the bot performs and how its strategy makes decisions. This info will be under the Symbols tab.
Here you can find candle charts or volume charts as well as charts for further technical indicators.
What does “risk profile” mean?
Before Trality publishes a bot on the Marketplace, it is thoroughly checked by our Bot Review Committee. We analyze the bot’s strategy and run thorough tests to ensure it fulfills the criteria to be selected for the Marketplace. Based on the bot’s strategy and how it performs in different market situations, we assign a risk profile to it.
“Low” means that this bot will have a lower Conditional Value at Risk and a Maximum Drawdown closer to 0. This means the bot is able to take less risk, which may mean lower returns.
“Moderate” means that this bot will have an average Conditional Value at Risk and average Maximum Drawdown compared to other bots on the Marketplace. This means the bot is able to take some risk, which may result in higher returns.
“High” means that this bot will have a higher Conditional Value at Risk and lower Maximum Drawdown compared to other bots on the Marketplace. This means the bot will take maximum risk to create higher returns.
What is a tick interval?
A bot strategy contains logics and functions that are executed regularly. The tick interval decides how often this happens. The tick interval that you see on a bot’s preview is the lowest tick interval the bot is running on
In this example, the bot is executed every hour. It may have functions that are executed less frequently on different tick intervals. You can see a full overview of all the tick intervals used in a bot by viewing the bot details.
The bot in this example is executed hourly and executes different functions on hourly, 6-hourly, 12-hourly, and daily basis.
What are base and quoted assets?
A bot is always dependent on a base asset, i.e., the main asset with which it executes every trade. It’s just like going to your supermarket: everything you buy, you pay for in your local currency. The bot also needs to have one quoted currency with which it performs its trades. The base assets are all the assets it can buy or sell.
The base asset is what you can see on a bot’s preview when browsing the Marketplace (USDT in the example below)
You can thus get an overview of all the assets a bot can trade in the event that you prefer or don’t want to have certain assets in your exchange account.
The bot in this example can trade with Tether (USDT), Ethereum (ETH), and Bitcoin (BTC).