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Stop and reverse bot
A Stop and reverse bot is always in a position once its first signal came: long after an up signal, short after a down signal.
More
Each new signal closes the position and opens the other side.
When to use it
In markets with long, clean trends. In choppy markets it flips back and forth and pays fees each time.
Settings
Every bot trades in your own Hyperliquid account. In the setup you pick the market, the amount and the leverage; Safe, Balanced and Aggressive fill in the rest from the coin's own volatility, and Customize settings opens every setting below. Rivemont's fee is from 0.1% per fill, lower with your 30-day volume, plus Hyperliquid's own trading fee.
- Chart
- 5m to 1d. Longer: fewer flips.
- Signal
- Supertrend (ATR period and multiplier), Averages cross (EMA or SMA, fast and slow) or MACD (fast, slow and signal line).
- Amount and Leverage
- The size of each position.
- SL and Trailing
- Optional: a stop loss, or a stop that follows the best price; after a stop it waits for the next signal.
Example
BTC on the 4-hour chart with Supertrend 10, 3 and $500: Supertrend turns up, the bot buys $500; it turns down, the bot sells $1,000 at once: the long closes and a $500 short opens.
What can go wrong
Whipsaws cost money.
Each false flip pays the fees and the loss of the position it closed.