Complete Step-by-Step Setup Guide for Configuring Automated Bots on the Borealmir App Terminal
Preparing Your Account and Terminal Environment
Before configuring bots, ensure your Borealmir App account is verified and funded. Log in to the web terminal or desktop client. Navigate to the “Automation” tab from the main dashboard. You will need an active API connection – if you haven’t generated one, go to Settings > API Keys and create a new key pair with trading permissions. Copy the API key and secret immediately; the secret is shown only once.
Install the latest terminal version if prompted. Borealmir supports Windows, macOS, and Linux. For headless servers, use the CLI version. Ensure your system clock is synchronized via NTP – bots rely on precise timestamps for order execution. Disable any VPN or proxy that might introduce latency above 50ms.
Generating and Storing API Credentials
In the API Keys section, label your key (e.g., “Trading Bot 1”) and select “Enable trading” and “Enable withdrawals” only if needed. Save the secret in a password manager. Never share it via email or chat. The terminal will ask for these credentials during bot creation.
Configuring Your First Automated Bot
Click “Create Bot” in the Automation panel. Choose a bot type: Grid Trading, DCA (Dollar-Cost Averaging), or Arbitrage. For beginners, Grid Trading is recommended. Set the trading pair (e.g., BTC/USDT) and define the price range. Enter the upper and lower boundaries based on recent volatility – use the built-in volatility indicator for guidance.
Configure the number of grid levels. A higher number (10-20) increases precision but requires more capital. Set the total investment amount. The terminal automatically calculates the order size per grid. Enable “Auto-rebalance” if you want the bot to adjust levels when the market moves outside the range. Click “Test” to simulate the bot’s performance over historical data.
Risk Management Parameters
Set a stop-loss percentage (e.g., 5%) to limit downside. Enable “Take Profit” to close all positions when a target profit is reached. Use the “Max Daily Drawdown” setting – if losses exceed this threshold, the bot pauses trading. For advanced users, set “Trailing Stop” to lock profits in trending markets.
Deploying and Monitoring the Bot
After configuration, click “Deploy”. The bot goes live immediately. Monitor its status on the “Active Bots” dashboard. Key metrics displayed: total P&L, number of executed orders, and current grid fill rate. Use the “Logs” tab to view every order placed – check for any “Order rejected” errors, which usually indicate insufficient balance or incorrect API permissions.
To pause or stop the bot, use the toggle switch. Stopping cancels all open orders. You can edit parameters (e.g., price range) while the bot is paused. For long-term use, set up email or Telegram notifications via the “Alerts” section. Notify on “Order filled”, “Stop-loss triggered”, or “Daily profit target reached”.
FAQ:
What is the minimum capital required to run a grid bot on Borealmir?
For a basic BTC/USDT grid with 5 levels, you need at least $50 in the trading pair’s base currency.
Can I run multiple bots simultaneously?
Yes, the terminal supports up to 10 concurrent bots per account. Each bot uses separate API credentials.
How do I fix “API key permission denied” error?
Regenerate the API key in Settings and ensure “Enable trading” is checked. Also verify IP whitelist if enabled.
Does the bot work during terminal shutdown?
No, the bot runs only when the terminal is active. Use the cloud version or a VPS for 24/7 operation.
Reviews
Alex K.
Set up a DCA bot in 10 minutes. The step-by-step wizard is intuitive. My bot has been running for 3 weeks with 8% profit.
Maria S.
I struggled with API keys at first, but the guide cleared it up. The grid bot works flawlessly on ETH/USDT. Highly recommend.
John D.
Used the arbitrage bot for cross-exchange trading. Latency is low, and the logs are detailed. Support helped with a minor setting issue.