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What does AutoTrade.Enabled control?

The AutoTrade.Enabled setting is the master switch for automatic trade execution in the Extreme Volatility Monitor.

Example configuration:

AutoTrade:
  Enabled: true

βš™οΈ How It Works

When AutoTrade.Enabled = true:

  • The bot will automatically open trades when the configured volatility thresholds (Threshold, TradeTriggerOn, etc.) are met.
  • Trades will follow the configured direction (Reverse or Momentum), symbols, and initial amounts.
  • Risk management settings such as Stop-Loss, Take-Profit, and DCA are applied to auto-trades.

When AutoTrade.Enabled = false:

  • The bot will not open trades automatically, even if volatility exceeds the threshold.
  • Existing trades continue to be managed normally.
  • Alerts and emergency closes still function as configured.

🎯 Key Takeaways

  1. Enables automatic entry

    • Only controls whether trades are executed automatically.
  2. Does not disable monitoring

    • The volatility engine still calculates average movement.
    • Pump or crash alerts are still sent.
  3. Emergency protection still works

    • Emergency closes are applied even if AutoTrade is disabled.
    • Provides safety without opening new positions.

πŸ“Š Example Scenario

AutoTrade:
  Enabled: false
  Threshold: 1.8
  TradeDirection: "Reverse"
  • Market moves 2% in 1 minute β†’ exceeds Threshold
  • No trades are opened because AutoTrade is disabled
  • Telegram/Discord alerts are sent
  • Existing positions may still be closed if emergency close conditions are met

πŸš€ Summary

AutoTrade.Enabled toggles automatic trading during extreme volatility:

  • βœ… True β†’ Trades are executed automatically
  • ❌ False β†’ No auto-trades, but alerts and emergency close protections remain active

It allows you to monitor and protect your positions without committing to automatic entries.

Ready to trade? Download MagicTradeBot free and test in paper mode before going live.