DBot is one of the most comprehensive Bots on the market with copy trading functions. It has multiple buying and selling modes, up to 13 copy trading filters, and 12 stop-profit and stop-loss options, which can help users fully implement the copy trading strategies they want.
DBot Website link: https://dbotx.com/?ref=40929293
DBot TG Bot link: https://t.me/sol_dbot?start=ref_40929293
To correctly use your own strategy to copy trading, you first need to have a full understanding of DBot’s copy trading functions, especially the copy trading filter items.It will take you 5–15 minutes to read.
DBot copy buy settings
1.Basic Settings
First, you need to select the chain to follow and the corresponding DEX (as shown in arrow 1). If you do not want to follow the transaction of a certain DEX, do not select that DEX; secondly, name and group the copy task (as shown in arrows 2 and 3). DBot supports multi-task parallelization. Setting names and groups for tasks can help users better manage tasks; and DBot supports the setting of token blacklists (as shown in arrow 4). You can set tokens that you do not want to follow (up to 20); for the wallet to follow (as shown in Figure 5), a copy task supports up to 10 wallets to follow at the same time; in addition, DBot supports the use of multiple wallets, 10 for free users, 100 for Pro users, and 1,000 for enterprise users, so you can switch wallets at will to copy (as shown in arrow 6).
2.The setting and confirmation of the basic transaction information.
(1) DBot provides three buying modes, namely “maximum amount”, “fixed amount” and “fixed ratio”.
In “maximum amount” mode, you will follow the amount of the target wallet to buy, but not exceeding the maximum amount you set. For example, if the maximum purchase amount you set is 1sol, and the target wallet buys 0.5sol, you buy 0.5sol, and the target wallet buys 1.5sol, you buy 1sol.
In “fixed amount” mode, no matter how much the target wallet buys, you will follow the fixed amount to buy;
In “fixed ratio” mode, you can follow the target wallet’s purchase amount according to the ratio and set the maximum purchase amount at the same time. For example, follow at a 50% ratio, and the maximum amount does not exceed 1sol. When the target wallet buys 1.5sol, you buy 0.75sol, and when the target wallet buys 5sol, you buy 1sol.
(2) There are currently two trading modes: high-speed mode and anti-clamp mode. In theory, the high-speed mode may be faster, and the anti-clamp mode may be safer. For large-amount and high-slippage transactions, it is recommended to use the anti-clamp mode to avoid most of the risks of clamping.
(3) For Solana, you need to set a priority fee. You can set it according to the strategy requirements and the Gas level on the chain. For example, for popular wallets and congested periods, you need to set a higher one.
For EVM, you need to set the Gas increment and maximum Gas. The Gas calculation method of EVM is the Gas price multiplied by the Gas demand. The Gas increment set in DBot refers to the increase based on the average Gas price on the chain, and the unit is Gwei.
(4)Slippage tolerance refers to the deviation between the transaction price you accept and the expected price. For copy trading, it is the difference between your transaction price and the transaction price of the target wallet. Please refer to the previous article for the calculation method between slippage and price. In general, tokens with fierce competition and small pool size have higher requirements for slippage. It is recommended to set the slippage of the task according to your own strategy. For example, if you only want to copy tokens with fierce competition and small pool size such as Pumpfun, you need to set a higher slippage.
Tips: Regarding slippage, normally, the price difference will lead to the difference in the number of tokens purchased, but Pumpfun and Moonshot contracts are special. They follow orders based on quantity. Therefore, the price difference will cause the Sol cost to fluctuate. Therefore, slippage will cause the Sol cost to be unfixed when following orders for Pump and Moonshot tokens.
3. You can set up various filter items according to the copy trading strategy.
Taking Solana as an example, DBot currently provides more than 12 task filter items, which is the most comprehensive in the market. The details are as follows:
(1) Skip Fresszable: After it is enabled, you will not buy tokens whose freezing permissions have not been discarded. If a token has not discarded the freezing permissions, your account may be frozen after you buy it, making it impossible to sell it. This is a common contract risk.
(2) Skip Mintable: After it is enabled, you will not buy tokens whose mint permissions have not been discarded. If a token can still be minted, the creator can issue additional tokens and sell them, causing the token price to fall. This is a common contract risk.
(3) Skip Delegated: Delegated tokens have the right to control the accounts of all tokens, allowing them to destroy or transfer your tokens. After it is enabled, such tokens will not be purchased. This is a relatively uncommon but highly dangerous contract risk (only for Solana)
(4) Only Buy Once: After it is enabled, the same token will only be purchased once in this copy task to avoid the risk of losses caused by repeated purchases of the same token by the target wallet;
(5) Skip Added Tokens: If smart money already holds this token when buying, it will not follow the purchase to avoid the risk of excessive increase in position costs;
(6) Min LP Burnt: The destroyed part of the liquidity pool cannot be withdrawn by the liquidity provider. It is a protection measure to reduce the probability of encountering Rug. For example, if it is set to 50%, it will only follow the purchase of tokens whose destruction ratio in the liquidity pool is greater than or equal to 50%. It supports Raydium (AMM) and Raydium (CPMM), if you do not understand or do not need this option, just keep it at 0;
(7) Token Holding: If the wallet you follow has bought the tokens your wallet already holds, do you want to continue to follow the purchase? If you do not want to buy anymore, choose not to buy; if you want to continue to buy, choose to continue to buy;
(8) Min Liquidity: Only follow the purchase of tokens with a liquidity higher than this value to prevent you from being led into a scam pool with very low liquidity by the target wallet;
(9) Token Age: Only follow the purchase of tokens with a creation time within this range, which can help you filter out tokens that are too new or too old:
(10)Top 10 Max Holdings: Only buy the top 10 holdings below this value, which can help you avoid tokens with particularly concentrated holdings;
(11)Copy Range: Only buy the tokens bought by the following wallet within this range, which can help you filter out abnormal transactions where the target wallet is too small or too large.
(12) Market Cap Range: Only tokens with a market value within this range will be followed, which can help you filter out tokens with a market value that is too large or too small.
(13)Total Buy Times& Total Buy Amount: When the total buy times and amount of a token in the current task(within 7 days) is greater than this value, the token will not be bought again, the filtering function is realized through smart contract analysis and ca only be judged based on the state of the transcaction, and will be filtered as much as possible but not 100% guaranteed
The above filtering functions are all implemented through smart contract analysis, and can only be judged based on the status at the time of the transaction. Filtering will be done as much as possible but not 100% guaranteed. The on-chain data fluctuates greatly, and some filtering functions are only used as auxiliary.
DBot Copy Sell Settings
DBot copy selling supports multiple modes and multiple functions.
1. First, the confirmation and setting of the selling mode.
Currently, there are three modes for DBot copy selling, namely“mixed”, “only follow selling”, and “only stop profit and stop loss”.
In the “mixed” mode, both follow selling and automatic stop profit and stop loss are enabled. Whichever selling condition is triggered first will be executed according to that condition. i
In the “only follow selling” mode, only follow selling is enabled, and automatic stop profit and stop loss are turned off. Only when the target wallet sells, will it sell.
In the “only stop profit and stop loss” mode, only automatic stop profit and stop loss are enabled, and follow selling is turned off. You will no longer follow the selling of the target wallet, and only sell according to the stop profit and stop loss tasks.
Based on the selling mode, you can also set the selling ratio. Currently, DBot’s selling ratio supports three settings, namely “following ratio”, “fixed multiples” and “100%”. (Only applicable to mixed and only follow-up selling, only stop-profit and stop-loss are executed according to the proportion of relevant tasks)
In the “follow proportion” mode, you follow the selling proportion of the target wallet to sell. For example, if the target wallet holds 100 positions and sells 10, the selling proportion is 10%, then you also sell 10% of the holdings; in the “fixed multiple” mode, you can choose to sell according to the multiple of the selling proportion of the follow-up wallet. Set the multiple to 2, then the target wallet sells 10% of the holdings, and you sell 20%; in the “100%” mode, no matter how much the follow-up wallet sells, you sell 100% of the holdings.
The automatic stop-profit and stop-loss function is effective in the “mixed” and “only stop-profit and stop-loss” modes, and supports setting single or segmented (up to 6 segments of stop-profit and 6 segments of stop-loss), supports automatic selling when the task expires, and can help users complete selling strategies including “selling according to the stop-profit and stop-loss strategy”, “automatically selling if the increase is not achieved within X hours”, “double the capital and keep the bottom position”, etc.
For users who have higher requirements for speed, you can turn on the “Extreme Sell” mode. In this mode, certain judgment conditions will be ignored to further improve the speed, but please note that this will lead to a decrease in the accuracy of the selling ratio. It is recommended to use it in combination with the 100% selling mode.
2. For Pump, copy selling also provides the options of Raydium opening selling and following Dev selling to help you complete special selling strategies for Pump.
3. In addition, DBot also provides a filtering function for the follow-selling range to prevent you from being affected by ultra-small or ultra-large sales. For example, you choose the 100% selling mode, but the target wallet only sells 1% (0.01sol).
4.The DBot copy trading function also provides stop-profit and stop-loss functions for the wallet dimension, which can help you avoid the risk of being emptied by an improper target wallet. When the balance of your wallet reaches the set stop-profit and stop-loss amount, you will no longer buy, but only sell.
Statistics and analysis of DBot copy trading tasks
DBot copy task provides copy records and stop-profit and stop-loss records that can be queried and audited. Here you can query all copy related records and download them. According to the feedback of copy records and stop-profit and stop-loss records, you can dynamically adjust the existing task settings to achieve better trading results.
On the basis of providing complete records, the DBot copy task list provides data statistics on the number of stop-loss tasks/copy trading quantity/copy trading amount, so that you can see the operation of the current copy task at a glance.
Copy trading can also be set up in TG Bot, which has the same functions as the web version and is more convenient for multi-terminal use.
DBot TG Bot link: https://t.me/sol_dbot?start=ref_40929293
DBot offical link
DBot Website | DBot Telegram group | DBot discord | DBot Solana Bot
DBot Alert Bot | DBot Guide Doc
Feel to contact us and I will continue to update tutorials and FAQs on DBot usage.
#DBot #Solana #copytrading #DEX #dextradingbot #TelegramBot
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Trading Bot
Solana Network
Copy Trading
Memecoins
Crypto
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