Creating a CEX Signal Bot
A CEX Signal Bot allows users to automatically execute trades on a centralized exchange by listening to a specific webhook (or signal email address). When a valid signal payload is received, the bot triggers a trade using the connected API.
🛠️ Bot Setup Fields
Here’s a breakdown of the required and optional fields when creating a CEX signal bot:
Name (Optional): You can give your bot a custom name. If left empty, the bot will automatically be named after the selected trading symbol (e.g., "BTCUSDT").
Webhook: Select an existing webhook that the bot should listen to. This webhook will receive trading signals either via HTTP POST or email (
webhook-hash@towerflow.io
).API Connection: Choose one of your previously added exchange API keys. This determines which centralized exchange the bot will execute trades on.
Symbol: Enter the trading symbol (e.g.,
BTCUSDT
). Make sure the symbol format matches the one used by the selected exchange (e.g., some useBTC_USDT
while others useBTCUSDT
).Pair Base / Pair Quote: These fields auto-fill based on the symbol. For example,
BTCUSDT
will have:Base: BTC
Quote: USDT
Amount: Set the amount for each trade:
You can choose the amount in the quote currency (e.g., USDT) or switch to the base currency (e.g., BTC).
The amount must be equal to or greater than the minimum notional value required by the exchange for that trading pair.
⚠️ Important: If the amount is too small, the exchange may reject the order. Always verify the trading rules of your selected pair on the exchange.
✅ After Creation
Once the bot is created, it will continuously monitor the selected webhook. When a valid signal payload is received, the bot will:
Validate the payload (including any required key).
Place the trade on the selected exchange using the parameters in the payload.
Follow any optional parameters like stop-loss, take-profit, dilution, etc.
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