User Guide for LayBot
Getting Started
This section will help you set up and connect LayBot with other exchanges with Telegram.
The Telegram bot offers several commands for efficient management of your trading activities:
/laybot: Access the main menu for configurations and settings within the LayBot platform./logs: View detailed transaction histories and bot activity logs./start: Initiate the bot's trading activities/stop: Halt the bot's trading activities/restart:Restart the trading activity with the help of /stop and /start
To begin, type /laybot to the LayBot Telegram Bot. The main menu in Figure 1 will show up.
Exchange: Select the Exchange option. You'll find a wide array of choices, with over 20 initial exchanges and LayX available for connection. Enter your exchange API key, Secret key and passphrase to connect your account with the LayBot telegram bot.
Bot Configs: Choose from pre-defined strategies provided by the telegram bot based on your trading preferences
Strategy Configs: Configure strategy parameters such as entry and exit conditions, indicators, timeframes, and risk management rules.
Bot configuration and strategy configuration in the telegram bot provide users with the tools and flexibility to automate their trading activities effectively while tailoring strategies to their specific goals and risk tolerance.
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