How to Activate the MetaTrade Bot
Learn how to activate the MetaTrade Bot on MetaSet for automated trading. Follow this guide to choose the bot type and start trading with AI.
MetaTrade Bot is an AI-powered trading bot on MetaSet that automatically trades the signals provided by MetaSet's Telegram Bot. Follow the steps below to activate and start using the MetaTrade Bot:
1. Log in to Your MetaSet Account
Visit the MetaSet website and log in with your email and password. If you don't have an account, refer to the registration guide to create one.
2. Access the Trading Bots Section & Choose MetaTrade Bot
Click on the hamburger menu located at the top left corner of the site. From the menu, select "Trading Bots". On the Trading Bots page, you will see the available bots. Click on "MetaTrade Bots" to proceed.
3. Select the Bot Type
MetaTrade offers two bot types:
- Silver Bot: Trades only on spot signals.
- Gold Bot: Trades on futures signals, offering potentially higher returns but with increased risk.
Select the bot type that suits your trading goals by clicking on the respective option.
4. Set the Investment Amount and Activate the Bot
Use the slider or enter an amount in the "Investment Amount" field to decide how much you want to invest. The minimum amount to activate the MetaTrade Bot is $10.
Once you have selected your bot type and investment amount, click the "Active" button. Your MetaTrade Bot will activate, and trading will commence based on the selected signals.
Note
Each bot operates independently, and you can activate multiple bots throughout the day. However, it's recommended to wait 2-3 hours between activations for optimal performance.
Trading results typically take between 3 to 30 hours to finalize, depending on market conditions.
Understanding MetaTrade Bot Types
- Silver Bot:
Ideal for users seeking a lower-risk option, as it focuses on spot signals only. Spot trading involves buying and selling assets for immediate delivery. - Gold Bot:
Suitable for users with a higher risk tolerance, as it trades on futures signals. Futures trading can offer higher returns but also involves more volatility.
Additional Tips
- Keep an eye on the win rate displayed on the dashboard. This metric shows the success rate of the bot and can help you decide when to activate the bot.
- For optimal risk management, avoid activating the bot with more than you are willing to risk.
The MetaTrade Bot is an effective tool for users looking to leverage AI-driven trading signals. If you are ready to activate your first bot, access the Metatrade Bot.