ALERT BOTS

In this section, we’ll explain how to set up and use Alert Bots on Skyrexio

Alert Bots allow you to automate complex trading strategies by using external alerts from platforms like TradingView or other custom scripts. These bots can be customized for dynamic or pre-set entries and closures, giving you full control over how your trades are executed. Whether you want to keep your bots private or share them with the Skyrexio community, Alert Bots offer flexibility and powerful automation.

How Alert Bots Work

Alert Bots are designed to execute trades automatically based on the alerts you provide. By linking your bot to a TradingView alert or a custom indicator, you can set specific rules for when and how trades should be executed, including risk management like stop-loss and take-profit orders.

Here’s what Alert Bots can do:

• Dynamic Entries and Closures: Automate your strategies with flexible conditions that adapt to market movements in real-time.

• Pre-set Entries and Closures: Set fixed conditions for entry and exit points to ensure consistent trading behavior.

• Risk Management: Incorporate stop losses, trailing stops, and take-profit orders to manage your risk.

Sharing Alert Bots in the Marketplace

If you’d like to share your Alert Bot with the Skyrexio community, you can make your bot public and list it in the Marketplace. When other traders copy your bot, you can earn a portion of their profits through the profit-sharing model. This incentivizes high-quality bots and ensures that only trusted bots are shared.