This guide will explain the signals and indicators used by our bot system. Like any good trading system, we need to have certain indicators to measure the performance of our trades.

Signal Channel

Swapperbox has a Telegram Channel where the Bot will post the Buy and Sell signals and the current performance of the trade.

Buy and Sell Signals

The bot sends buy and sell signals to alert you when it buys or sells an asset. The bot makes it clear when it buys or sells by placing 🚨🚨 icons next to the signal.

Buy signals look like this:


Sell signals look like this:


Note: During maintenance windows, signals may not display the 🚨🚨 icons. This is a known bug. In these cases, we manually add reactions to the messages, such as 👀.

Symbol indicator

The bot always specifies the symbol it is currently trading.

In the free channel, it is usually BTCBUSD, but it could be any pair. It is very important to not mix symbols when trading these signals.

Position indicator

The position indicator is meant to tell the Bot’s current position, there are only two possible positions: LONG and SHORT.

A LONG position means that the Bot has bought, and it’s holding the asset.
A SHORT position means that the Bot has sold, and it’s not holding the asset.

Profit and Loss indicator (P&L)

Next to the Position indicator, you will see a percentage in parentheses. This is the P&L indicator, which shows the percentage of profit or loss since the position was opened.

For example, if the P&L indicator says LONG (+4.33%), it means that the position is long (meaning that the bot is buying the asset) and has made a profit of 4.33% since the signal was sent.

If the P&L indicator says LONG (-4.33%), it means that the position is long and has made a loss of 4.33% since the signal was sent.

\[P\&L=\frac{currentPrice\times100}{triggerPrice}-100\]

Note: When you have a long position in a BTCBUSD pair, the P&L is measured in BUSD. When you have a short position in a BTCBUSD pair, the P&L is measured in BTC. P&L only applies to the currency that you are not holding.

Trigger Price

The trigger price indicates which was the price that triggered the current position.

If the current position is LONG then the trigger price is the approximate price it has bought the asset.
If the current position is SHORT then the trigger price is the approximate price it has sold the asset.

Current Price

The current price indicates the latest known price, and it’s used for the P&L calculations.

Alerts and Algorithm Upgrades

Alerts are rare events of the system, like algorithm upgrades and important notifications.
Alerts are prefixed by the 🔔🔔 icons.

A typical alert signal would look like this:
🔔🔔 EXAMPLE ALERT

Algorithm

The algorithm indicator is a small code that tells you which trading algorithm is being used by a trader. If the algorithm is changed, the indicator will change too.

The algorithm indicator is also used to keep track of different traders. In case of multi-trader channels, where there is more than one trader per symbol, the algorithm indicator will help us tell them apart.

Algorithm upgrades are the result of our research and development efforts to come up with the latest machine learning model.

Conclusions

As you can see, the bot signals are pretty simple and straightforward. It’s important to understand the signals and their meaning before trading, and to keep an eye on the performance to manage your risk exposure.

The bot’s performance is volatile, meaning that it’s not meant to profit on every single trade. Instead, it’s designed to profit on the average of all the trades where it can make a profit.