MARGIX SIGNAL & MARGIX BOT
MargiX Signal
1. Trend
- Trends: a Blockchain index indicating market trend
- Volume: an index indicating volume of market
- Future: AI
Trend and current Buy — Sell volume
1️⃣ Blockchain index showing selling out trend of market
2️⃣ Blockchain index showing buying in trend of market
3️⃣ Sell volume in microsecond
4️⃣ Buy volume in microsecond
We can understand the meaning of the image above as follows: The market is selling 136.08 BTC and buying 95.47 BTC. Sell volume in microsecond is 0.04 BTC and Buy volume in microsecond is 0.22 BTC
Buy — Sell Volume chart
- This generates the buy and sell volume in different timeframes based on MargiX data.
- 1m — 3m — 5m — 30m — 1h — 6h — 1d: They are the timeframes in which buy-sell volume data is generated accordingly. Data in each timeframe is reset when each timeframe is up.
Example: Data in timeframe 1h will be reset after every 1 hour.
Market speed meter
Market speed meters represent the speed of transaction and the pressure of Buying/Selling of the market in different timeframes. The higher levels these meters are pointing at, the higher the transaction speed is and the higher the pressure of Buy/Sell is.
2. History - Pump/Dump history of Speed Meter
This chart generates The duration of each level of each speed meter and The number of times that the speed meters point at these levels.
1️⃣ Level range of speed meters
2️⃣ The duration of each level range of each speed meter
3️⃣ The number of times that the speed meters point at these levels
4️⃣ These are the timeframes that we can choose to view their pump/dump history data. Here we are observing data in 1h timeframe.
Notice: data will be reset when each timeframe is up.
We can understand the meaning of the above example as followed: Within the last hour, Sell speed meter had 147 times it reached level 1–2 and it stopped there for a total time of 27’29’’.
Other timeframes can be understood similarly.
3. Chart - Classifying Price Zones function with Trade Volume of Bitmex
This chart classifies Bitmex’s BTC price zones which usually repeat in different timeframes. Price zones with longer red + blue bars (volume of Short and Long) than others are the ones that BTC price is usually active in.
1️⃣ Price zones of BTC
2️⃣ Price and the current Long volume ($) at Bitmex in a particular price zone (here is 7120–7220)
3️⃣ Price and the current Short volume ($) at Bitmex in a particular price zone (here is 7120–7220)
4️⃣ Timeframes with accordingly price zones and buy/sell volume at Bitmex.
Notice: data will be reset when each timeframe is up
MargiX Bot
1. Main Functions
- Execute Bitmex orders directly on MargiX system
- Automatically DCA
- Automatically take profit based on transaction position
- Suggest the DCA positions
What is DCA? → https://wikipedia.org/wiki/Dollar_cost_averaging
2. User manual
Step 1: API Bitmex creation manual
➣ Login the Bitmex account
➣ Access link: https://www.bitmex.com/app/apiKeys
Fill in the form, in which:
- Name: Symbol name
- CIDR: Leave blank
- Key Permissions: Select “Order”
- Withdraw: Do not tick
- Submit the 2FA code (if any)
- Select “Creat API key” to finalize
➣ After above steps, Bitmex will will display 2 parameters: API ID and API Secret key, keep it safe in order to launch the MargiX Bot.
Step 2: Enter the API into the MargiX Bot
➣ Login the MargiX account
➣ Select “Setting”, in which
- API Key: Enter the Bitmex API ID
- API Secret: Enter the Bitmex API Secret
➣ Press “Submit” to finalize the connection between Bimex API and MargiX system.
➣ To receive MargiX Bot notifications via Telegram
- Press “Copy” the /config xxxxxxxxx command which is bold in the “Settings”
- Click “Chat with MargiX Telegram Bot” to open MargiX Telegram Bot
- Type /start to start
- Paste the command /config xxxxxxxxx has just been copied
Once receiving the message “Congratulation! Your setting is up”, you have made successful installation.
Step 3: Set transaction parameters for the MargiX Bot
1. Auto DCA function
➣ Select “Auto DCA” for the bot to automatically execute the DCA orders with the manual settings as follows:
- Ratio to DCA: DCA ratio is based on the trading volume. There are 2 options: 50% & 100%
Example: John is making an order with a volume of $1,000, if “Ratio to DCA” is selected at 50%, then at first DCA, the system will DCA with a volume of $500 (50% of $1,000). At this time, John’s total trading volume is $1,500, if the DCA continues, the second DCA order will have a volume of $750 (50% of $1,500). - Remain Times: Number of times to execute a DCA command. The system will not make the installs of DCA more than this number
- DCA Target: Next DCA position, this is the automatic parameter of MargiX system for users’ reference
2. Auto Take Profit function
➣ This function allows you let the Bot automatically take the profit based on the ROE ratio (Net profit excluding transaction fees and other costs incurred on Bitmex)
- Percentage: % Profit margin from the current transaction.
- Target Price: this is the automatic parameter of MargiX system depend on % Profit margin from the current transaction
Example: John is making a Long transaction at price of $10,000, when Percentage is set to 10%, the system will place a take profit order once the price reaches $11,000. However, when John had previously made a DCA order, the position moved to $9,000, then the system will automatically adjust and take profit at $9,900 (10% of the current order).
3. Making orders directly on MargiX Bot
➣ Click the “+” symbol in the bottom right corner of the screen
➣ When executing direct trading orders on the MargiX system, the following points should be noted:
- Fund: The amount of capital you will trade (Other than the calculated leverage volume of trading on Bimex)
- Quantity: The volume of transactions that the system will execute on Bitmex (leverage calculated)
Example: John makes a transaction with a capital of $50, using leverage of 10x, John will enter $50 into the Fund, select 10x leverage, at this time the system will execute orders with a volume of $500 at Bitmex ( Leverage calculated) - Limit & Market trading are in the same way on Bitmex
4. Detailed DCA Reference
➣ MargiX supports detailed DCA reference to help users plan their transactions and manage capital most effectively.
➣ Users enter parameters of Fund, Limit Price, choose leverage and select the trading type as Long/Short at Order Type and % DCA, the MargiX system will display a detailed list of DCA orders with parameters:
- #: Maximum number of times DCA can be performed
- DCA Price: The DCA price at different times
- Entry Price: Trading positions after each DCA execution
- Qty: The amount be taken on DCA
- Balance: Amount of BTC left after each DCA
Users can review the Detailed DCA Reference by clicking the “Sigma”
Notes:➣ Bitmex terms on API: https://www.bitmex.com/app/restAPI (note: Order Minimun Size Limits)➣ DCA/Take Profit can only be adjusted when the order is opened: Enter the parameters you want to change and press Update, then Disable Auto DCA/Take Profit and turn it on again (The system will automatically adjust according to your settings).➣ Stay tuned on the notifications of MargiX Bot Telegram to avoid such risks: Bitmex arbitrarily Cancel orders,…➣ MargiX Bot works on the Smart Average Price mechanism to optimize the profit: Guide MargiX Signal → Therefore, the greater the times of DCA, the safer your orders will be.➣ MargiX Bot is the most complete tool for users to manage their orders. In order to optimize profit, users need to use MargiX Signal tools to choose the best and safest entry point.➣ MargiX Bot can not conduct the orders which placed directly on Bitmex.
Buy MargiX
In order to use MargiX, users must login via Gmail account.
➣ Link: https://korea.margix.org/
We are now offering new users a 7 days — free of charge — trial period (the program will end in 1 month).
After the trial period, users can keep using MargiX by MGX — MargiX Token (or using Google Pay gateway — coming soon) with following packages:
Users will be able to use, give away or sell theirs own Bonus Package.
Buy MGX on the exchange: BigONE, BilaxyCurrently, MargiX has completed all trading support features on Bitmex and MargiX will continue to support trading on Binance Futures, Okex Futures, Huobi DM (futures) in the soonest time.
Support requests please send to: support@margix.org
Find us on social media:
- Official Website: https://margix.org
- Channel: https://t.me/MargiXchannel
- Group EN: https://t.me/MargiXglobal
- Group KR: https://t.me/MargiXkorea
- Group TR: https://t.me/MargiXturkey
- Medium: https://medium.com/margix
- Github: https://github.com/margix
- Twitter: https://twitter.com/MargixMGX
- Youtube: https://www.youtube.com/c/Margix
