Help › Trading
Trailing entry bot
A Trailing entry bot waits for a better entry.
More
In Rebound mode it follows the price down and buys once it rises a set % from its lowest point. In Chase mode it keeps a maker order at the best price and moves it with the market.
When to use it
When you have decided to buy (or short) but want to avoid buying in the middle of a fall, or to pay the maker fee.
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.
- Entry
- Rebound or Chase.
- Activation
- Rebound: optional price at which it starts following.
- Rebound
- Buys once the price rises this % from its lowest point (the mirror for a short). Larger: surer of the turn, later entry.
- Max chase
- Chase: gives up when the price runs this far from the start.
- TP, SL, Trailing and Start again
- Its exits once in, and whether it starts again after one.
Example
BTC at $100,000, rebound 1%, $500. BTC falls to $97,000 then rises: at $97,970 (1% above the low) the bot buys $500, about $2,000 under where it started.
What can go wrong
The price may never turn
, or turn and keep going without it in Chase mode once past its limit.