Bitlax Smart makes it simple to run several trading bots simultaneously. This allows you to diversify strategies, target multiple assets, and balance your risk more effectively.
This guide will show you exactly how to set up, monitor, and coordinate multiple bots with ease.
Why Use Multiple Bots?
Running multiple bots helps you:
✅ Spread your capital across different markets
✅ Combine short-term and long-term strategies
✅ Reduce reliance on a single trading approach
✅ Customise risk levels for each asset
Step 1: Review Your Plan Limits
Your Bitlax Smart subscription determines how many active bots you can run:
- Essential Plan: 1 bot
- Professional Plan: Up to 3 bots
- Elite Plan: Unlimited bots
Make sure your plan supports the number of bots you’d like to deploy.
Step 2: Create Additional Bots
- In your dashboard, go to Bots > Create New Bot.
- Choose a bot template (e.g., TrendSeeker, ScalpRunner, GridNavigator).
- Select a different trading pair for each bot.
- Example:
- Bot 1: BTC/USDT
- Bot 2: ETH/USDT
- Bot 3: BNB/USDT
- Example:
- Configure risk and strategy settings individually for each bot.
✅ Tip:
Assign clear names to your bots so you can track them easily (e.g., “BTC Scalp Bot” or “ETH Trend Bot”).
Step 3: Start and Monitor
Once all bots are configured:
- Activate each bot separately.
- In Dashboard > Bot Overview, you’ll see a list of active bots with real-time status.
- Check performance summaries to see how each is contributing to your overall results.
Step 4: Use Allocation Controls
Bitlax Smart lets you set capital allocation per bot:
- Fixed allocation: Assign a set amount to each bot.
- Percentage allocation: Use a portion of your total balance.
Example:
- BTC Bot: 40% allocation
- ETH Bot: 30% allocation
- BNB Bot: 30% allocation
This ensures bots don’t compete for the same funds.
Step 5: Enable Notifications
To stay informed:
- Go to Settings > Notifications.
- Enable alerts for:
- New trades
- Reached stop-loss or take-profit
- Bot errors
- Performance summaries
You’ll receive updates by email or push notification.
Step 6: Adjust or Pause Bots Individually
You can modify settings, pause, or stop any bot without affecting the others:
- Use Pause if you want to temporarily stop trading.
- Use Stop to deactivate the bot and close positions.
✅ Start with different strategies to see which performs best.
✅ Avoid over-allocating capital to highly correlated pairs.
✅ Review each bot’s results weekly to fine-tune settings.
✅ Document your setup for consistency over time.
Frequently Asked Questions
Q: Can I run bots on the same trading pair?
Yes, but be careful—multiple bots trading the same pair can conflict if not configured carefully.
Q: Will bots share the same risk settings?
No—each bot has independent settings.
Q: Can I duplicate a bot’s configuration?
Absolutely—use the Clone Bot feature to create a copy quickly.
✅ You’re ready!
With Bitlax Smart, managing multiple bots across different pairs is simple, organised, and powerful.
