Limiting the Number of Bots in a Deal – Veles Help Center

Limiting the Number of Bots in a Deal

Create lots of bots and set a limit on the number of simultaneous trades. This option will allow you to run only a limited number of bots at the same time, so that they all have enough supporting margin.

Attention! Bots without filters ignore these locks – they do not occupy a slot, and they can enter beyond the set limit.

Go to your account settings by clicking on the e-mail in the upper right corner. On the page you will find “Locks“.

Press “Add new lock” on the page. In the dialog window select the API key you want to create a Locks for and set up the combination of locks you need to apply (by position, by total number of deals, by Long or Short algorithm).

This feature will be useful for instruments that have rare entry signals (like “Bollinger Bands” on the timeframe “4 Hours”). You can create multiple bots based on these indicators for different coins. When one of the bots enters a trade, other entry points will be ignored until the current trade is completed. This will allow you to effectively manage your trading operations and avoid using the entire deposit.

Position Locking

This option allows you to have only one active trade per pair and algorithm on an exchange, avoiding conflicts between different bots of the same asset on different TFs.

Attention! If you have several bindings pointing to the same trading account (this may be the case if you created several API keys on one exchange account on purpose or by mistake, for example), then it is the user’s responsibility to ensure that bots on the same coin and direction do not enter one futures exchange account to trade.

Important! At the time of editing, the locks are not valid, they are removed. If you have several bots waiting for a signal to open a deal at this moment, they can all open their deals at once. Therefore, it is recommended to stop all bots (switch to the status “TERMINATED” or “AWAITING TERMINATION”), and only then edit this setting.

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