Features

Automated 24/7 trading
Unlike stocks/forex markets, crypto currency markets never close. Crypto trading happens 24/7. That’s why as a successful trader you should always watch the markets. With WolfBot you are always ready to buy at at a sudden dip in price or sell your position if the market changes rapidly.

Cloud-based
WolfBot runs entirely in the cloud on our servers. No installation on your system is needed, no configuration, no maintenance, no updates.
Just add your desired trading strategies and let WolfBot trade for you 24/7.

Backtesting
You can test & optimize your trading ideas (strategies) on historical trade data. Test different market conditions and timeframes extensively in simulation before putting your real money in.

Trade Analysis
WolfBot keeps automatic trade records (Trade Book) of all performed live trades. You can filter these records by date, currencies, and trading strategies to analyze the profitability of your trades. Records include reasons and technical indicator values why every trade happened as well as aggregated statistics such as break even price, average buy/sell prices, total amount of buy/sell trades and more.

Trade Notifications
Get instant notifications to your Smartphone app (Pushover) on every trade. Messages include profits/losses, technical indicator values and a reason/condition why the bot just performed this specific trade. Follow your trading in real time.
You can always adjust your open positions by manual trading – it won’t interfere with WolfBot’s trading algorithms because it automatically synchronizes your portfolio with every exchange.

Strategies
At the heart of WolfBot’s trading algorithm are strategies. They tell WolfBot when to buy and sell.

Plugins
Plugins are additional web & social media data-feeds that provide information to strategies which coins are currently “hot” or “pumping” on the internet.

Multiple Trading Modes supported
WolfBot supports 3 trading modes:

  • Trading:  Buy and sell crypto currencies on exchanges. Leveraged trading (margin trading) and short-selling is also supported.
  • Arbitrage: Profit from price differences of a particular coin on 2 exchanges.
  • Lending: Lend your coins to margin traders on the exchange and earn interest.

See the our list of supported exchanges for a more detailed view where and how these features work.

Sentiment analysis
Sentiment analysis (opinion mining) is automatically done for all web content of plugins. This means WolfBot does natural language processing on all text data and determines if it’s positive or negative. This information is aggregated together with other meta info of social media posts and can be interpreted as bullish or bearish trading signals.

Automatic Parameter optimization*
You can automatically find the best parameters for your chosen trading strategies using 2 methods:

  • Cartesian Product to find the best combination of parameters from within a specified range of parameters.
  • Genetic Algorithm to simulate an evolutionary process to find the best parameters to optimize your trading strategies.

Artificial Intelligence (AI)*
WolfBot can make price predictions by using machine learning. You chose what data you to feed into the neural network for training (such as price points, technical indicators, number of social media posts,…) and WolfBot will train a model based on it. Afterwards you can run your AI strategy on the live market to profit from the patterns WolfBot recognized in your training data.

Simple fixed monthly pricing
WolfBot is available as a monthly subscription for a fixed price. There are no hidden fees or other charges based on your number of trades or the total capital you want to trade with.

Open Source
WolfBot is entirely open source. The source code is available here on Github. It is reviewed and tested by independent developers. Unlike some other crypto currency bots, we don’t make any unfounded claims about profits or certain “special” features. All features are documented in the source code for interested people to verify. We are an open community. Everybody can contribute.
There is also a growing number of traders discussing strategies in our Discord.

 

*upcoming features: These features are currently only available for developers in beta stage. They will be included in upcoming versions of WolfBot.

Exchanges

& more

 

Features supported by WolfBot on various exchanges:

Trading Margin Arbitrage Lending Futures
Binance ✅ ❌ ✅ ❌ ❌
Bitfinex ✅ ✅ ✅ ✅ ❌
BitMEX ❌ ❌ ✅ ❌ ✅
Bittrex ✅ ❌ ✅ ❌ ❌
Kraken ✅ ✅ ✅ ❌ ❌
OKEX ❌ ❌ ✅ ❌ ✅
Bybit* ✅ ❌ ✅ ❌ ❌
Poloniex ✅ ✅ ✅ ✅ ❌
Deribit ❌ ❌ ✅ ❌ ✅
Coinbase Pro* ✅ ❌ ✅ ❌ ❌
Bitstamp* ✅ ❌ ✅ ❌ ❌
Gemini* ✅ ❌ ✅ ❌ ❌
FTX* ✅ ❌ ✅ ❌ ❌
HitBTC* ✅ ❌ ✅ ❌ ❌
Bibox* ✅ ❌ ✅ ❌ ❌
Huobi* ✅ ❌ ✅ ❌ ❌
KuCoin* ✅ ❌ ✅ ❌ ❌
Liquid* ✅ ❌ ✅ ❌ ❌
YoBit* ✅ ❌ ✅ ❌ ❌
Bitkub* ✅ ❌ ✅ ❌ ❌
Coss.io* ✅ ❌ ✅ ❌ ❌
Cex.io* ✅ ❌ ✅ ❌ ❌
Cobinhood* ✅ ❌ ✅ ❌ ❌
FCoin* ✅ ❌ ✅ ❌ ❌
Nova* ✅ ❌ ✅ ❌ ❌
  • Trading: WolfBot supports regular trading – that is buying, selling and holding of coins.
  • Margin: Support of margin trading. Margin trading means you place some money as collateral on the exchange and can leverage that amount with borrowed funds (2x, 3x,.. leverage). Your gains or losses (relative to your own balance) will be multiplied by your leverage factor. Furthermore margin trading offers the ability to do short selling so you can profit from falling prices.
  • Arbitrage:  WolfBot can look for price differences of coins between exchanges. Arbitrage buying/selling happens “on the books” of your local exchange balance only – meaning you don’t have to send coins between exchanges. WolfBot can stay price-neutral on arbitrage and buy/sell the same amount on both exchanges or leverage one side if you think the overall trend is more bullish/bearish. Crypto markets are still inefficient, so there are many arbitrage opportunities amongst hundreds of coins.
  • Lending: Margin Trading requires traders to borrow additional funds. WolfBot can watch the funding market to lend your coins to other traders on that exchange. WolfBot is optimized to give you the best interest rates for your coins for the configured lending time period.
  • Futures: Trade future contracts on crypto currencies. Futures are usually highly leveraged (10x, 20x, 100x,…) so they offer the potential for huge gains compared to the amount of capital you have to invest. Additionally this makes them ideal for insuring or hedging your existing trading positions for a small price. This way you keep your coins and either profit when the market goes up or when the market goes down your short future contracts will give you profit (which then can be used to buy more coins).

 

Strategies

Strategies are pieces of code that tell WolfBot when and how to trade (buy, sell, short-sell,…). There are many official strategies WolfBot supports out of the box.

Additionally, since WolfBot is open source and has an easy to implement strategy interface, there are many additional 3rd party strategies available.

Strategies make decisions based on Indicators, Plugins (web & social media data-feeds), manually configured price-levels and any other information the strategy developer choses to include.

Strategies receive events with the following data:

  • new candles
  • live trades feed from the exchange
  • current unfinished candle updates (the right candle on the chart that is still updating constantly)
  • orderbook modifications: Strategies have access to the full orderbook with all bids and asks

 

View complete strategy documentation including a list of all strategies.

Below you can find a short list of the most common strategies grouped by their use cases.

List of official Strategies:

 Technical Strategies:

  • RSI
  • RSIStarter
  • RSIScalper
  • MACD
  • DEMA/EMA/SMA
  • PercentDEMA
  • BollingerBands
  • TrendLines
  • CCI
  • MFI
  • OBV
  • KAMA
  • STC
  • StochRSI

Day Trading Strategies:

  • DayTrader
  • WaveSurfer
  • WaveOpener
  • CandleRepeater
  • DayTrendFollower
  • DirectionRunner
  • PriceRangeTrader
  • Sentiment
  • SimpleAndShort
  • Trendatron
  • TrendlineScalper
  • VolumeSpikeDetector
  • VolumeSpikeDetectorLong
  • PivotSniper
  • PriceSpikeDetector
  • OrderBookPressure
  • OrderPartitioner

Stop loss Strategies:

  • StopLossTurn
  • StopLossTurnPartial
  • StopLossTime
  • EarlyStopLoss
  • BollingerStop
  • SARStop
  • VolumeSpikeStopper
  • VolumeStopper
  • WaveStopper
  • TimeStop

Take profit Strategies:

  • TakeProfit
  • TakeProfitPartial
  • TakeProfitStochRSI
  • ProtectProfit

Day Trading and long-term Strategies:

Other Strategies:

  • MakerFeeOrder
  • OneTimeOrder
  • TimeOrder

 

Strategies Market:

There is a strategies market where developers offer their own strategies. These strategies integrate perfectly with (private) Telegram channels, Reddit groups, Twitter feeds as well as advanced technical analysis using WolfBots built-in Technical Indicators.

 

Lending & Arbitrage Strategies:

Lending and Arbitrage also uses strategies to make decisions. These strategies are built the same way and extend the same base functionality of WolfBot’s core trading logic.