Welcome to a full guide on PROBOT.
Take Profit on tokens listed on Uniswap. With this bot you are able to specify target price of the token. If the token value goes above target price, and amount of tokens you want to be sold. After the desired price has been hit, PROBOT will automatically sell the tokens for you.
First stop is entering the RPC URL paste it under the “Settings” section in the RPC URL input. You can use any public RPC or use a private RPC URL. All RPCs are supported. For more info on how to setup the private node read the section at the end of the article “Setup private node”
For using the bot you will also need to copy your private key from a web3 wallet (Metamask or any other) to sign transactions. This key is only stored locally on your machine and used to sign blockchain transactions.
“Wallet address” input is optional and is not used, but feel free to copy your wallet address here so you can track for which wallet you have provided the private key.
How to use TAKE PROFIT Order?
Enter the “Take Profit” item in the menu.
· In the token address input enter the address of the ERC20 token you wish to purchase.
· In “Sell if price falls below” enter the max price of token (expressed in ETH). Entering price expressed in ETH shortens the calculation time and is more precise. You can use the converter from: https://nomics.com/markets/usd-united-states-dollar/eth-ethereum
So for example if the token price is 0.000008 you would copy 0.00000000603 into the input field as shown in the image below.
· In “GWEI” enter the gas expressed in GWEI which you want to use to process this transaction (In later iteration if you leave this field blank gas price from etherscan will be pulled, for this beta version entering gas price is required)
After all inputs have been filled press “PLACE TAKE PROFIT ORDER” button and wait for the tools to scan the blockchain and process your transaction if target is hit. After target price has been hit and transaction has been submitted you will get etherscan link leading to the transaction.
Setup private node
You need to get RPC url from a private node provider. STOPBOT will work with any private node provider.
Currently Alchemy has the most powerful free tier for a private node. Check available plans: https://www.alchemy.com/pricing. Free plan will be enough to run the bot. We recommend that you register on alchemy.
Next step is to follow the tutorial from https://www.youtube.com/watch?v=tfggWxfG9o0 to setup your private node(for network instead of Kovan select “mainnet”). After following all the steps from the video copy the link provided under the label “HTTP”.
