MA5BOT Frequently Asked Question
Learn how to use the MA5BOT for your trading.
- FAQ's
Do you have question ?
A :
"MA5 Bot has two types of trading bots:
Technical Trading Bots: There are two types, Futures Bot and Spot Bot.
Algorithm Trading using the Auto Rebalance strategy."
A : Currently, MA5 Bot can be used on platforms such as Binance, OKx, and Bitkub, offering both Technical and Algorithm Trading options.
A : MA5 Bot operates through a web browser and can be used on all devices, including computers, mobile phones, tablets, and iPads.
Spot technical trading
A:
In the '1 account 1 bot' option, you can connect to one port, which is suitable for traders with a single exchange account. You can choose to use either the Futures or Spot trading bot.
As for the '1 account 3 bots' option, you can connect to three ports, which is suitable for traders with multiple exchange accounts or those who want to use both Futures and Spot trading bots on the same account.
A:
Here are the options available:
For customers on the 1 Bot plan, you can choose to use 1 bot and contact LINE Support @ma5bot to request a switch from Futures to Spot API.
For customers on the 1 Bot plan who want to use both Futures and Spot together, you can upgrade to the 3 Bot plan to use them simultaneously.
For customers on the 3 Bot plan, you can add the API of the Spot Technical Bot to your account to use it immediately.
A: Currently, MA5 Bot Technical Trade supports both Futures and Spot trading on Binance, as well as Futures trading on OKEx. This allows you to trade in various modes and markets, depending on your preferences and strategies.
Futures technical trading
A:
MA5 Bot Futures has two types:
- Account 1 Bot: One account can connect to Binance and OKEX with one port.
- Account 3 Bot: One account can simultaneously connect to Binance and OKEX with three ports, and it cannot separate the bot accounts.
Regarding the usage features, they are the same for both types.
A: The bot will automatically execute buy and sell orders when it meets the conditions of the strategy you have chosen. Each strategy uses different indicators and entry and exit conditions.
For additional information on the various strategies available on MA5 Bot Futures, please refer to this resource:
https://www.youtube.com/watch?v=4A3XVwfP0c0&list=PLB7SIJedSi8RhGaJmSLeeh5TK8zjSL-cD
A: It can trade with USDT cryptocurrency pairs only. For example, BTCUSDT Perpetual, ETHUSDT Perpetual, and so on.
A: MA5 Bot Futures can be used with all strategies and all currency pairs that we provide service for. The condition is that you can use one strategy per one currency pair at a time.
A: MA5 Bot Futures has no minimum balance requirement to activate.
The minimum balance requirement for Binance is 20 USDT, but it is recommended to have a suitable minimum capital for trading futures, which is typically 100 - 200 USDT or more. However, the amount of capital ultimately depends on your own decision.
A: MA5 Bot Futures can only be used in One-way Mode and cannot be used in Hedge Mode.
Algorithm trading Rebalancing
A: The "Rebalance" strategy involves adjusting the investment portfolio's asset allocation to match our predefined targets continuously. The principle behind this strategy is as follows:
- Sell when the asset's value increases significantly.
- Buy when the asset's value decreases significantly.
This results in a process commonly known as "buy low, sell high" in all market conditions without end.
For further information on the Rebalance strategy, you can refer to the link below:
https://youtube.com/playlist?list=PLzbRCxjHv5A1gmetGZe2SXb630l0hO7Ow
A: Rebalancing is suitable for investors who have a long-term investment perspective and seek passive income returns.
To illustrate, let's compare it to investing in real estate, such as buying condominiums for rental purposes. In this scenario, we receive rental income on a monthly basis, which we refer to as Cash Flow (CF).
Rebalancing caters to individuals who fit this profile. Is it you? Watch more here:
A: Rebalance is an investment that depends on the investor themselves, how much they are willing or able to invest, and in what proportion. We recommend investing an amount you can afford or a proportion that suits your individual circumstances. It cannot be specified as an exact number.
However, it is advisable to have an initial investment of 2,000–3,000 USDT to start using the bot.
This is because there is a minimum trade limit of 10 USDT per 1 trade on the exchange. This means that the Rebalance process occurs for every 1% when the portfolio has a value greater than 2,000 USDT (Rebalance).
Currently, you can perform Rebalance with 2 currency pairs paired with USDT and BUSD on Binance, as well as another currency pair on Bitkub.
A: The MA5 Bot Rebalance operates as a Spot trading bot, so it can be used in conjunction with the MA5 Bot Futures. However, it is necessary to set up separate APIs for each of them.
A: Both Fix and Ratio settings can be profitable, but they have different advantages in different aspects. So, this question should start with the investor's clear focus.
Our recommendation is:
If you want Cash Flow or long-term Passive Income, similar to renting out a condominium monthly, choose Fix.
If you want Capital Gain, similar to selling a condo for profit, choose Ratio.
Start trading with MA5BOT
A: Since investing carries risks, if you have no prior trading experience, we recommend studying before making a decision.
You can join our free trading lessons every Sunday at 20:00 via Google Meet. If you are interested in participating, please contact us on LINE @MA5BOT:
A: The portfolio breaking is not caused by the bot itself but rather by the user's configuration of the order size. Therefore, the bot does not guarantee that your portfolio will break.
A: You can use MA5 Bot in conjunction with other bots by setting up separate APIs for each of them. This is especially true when dealing with bots of different types. For example:
- MA5 Bot Futures with another Spot bot.
- MA5 Bot Spot with another Futures bot.
However, it is not recommended to use MA5 Bot in conjunction with other bots of the same type.
A: MA5 Bot operates on Cloud server 24 hours a day, and there is no need to leave your computer or mobile phone on.
A: You need to have Binance and Okex accounts with funds in the form of USDT cryptocurrency.
A: I recommend buying USDT using the P2P (Peer-to-Peer) method.
Demonstrating how to deposit USDT into Binance through Bitkub and the P2P cryptocurrency exchange market.
- Contact Us
Get better knowledge & info about MA5BOT
Do you have any further questions or inquiries? If you need additional information, you can directly contact the MA5 team on Line @ma5bot. Our team is on standby to answer your questions from 10:00 AM to 10:00 PM.