Following a Strategy on Quantapes

After successfully connecting your Bybit API and registering your NFT, you can start following trading strategies on Quantapes.

Step 1: Navigating to the Strategies Page

  • Click โ€œFollow a Strategyโ€ after completing your API setup.
  • Youโ€™ll be redirected to the Strategies Page, where you can browse and select a strategy to follow.

Step 2: Choosing a Strategy

The Strategies Page displays a list of available strategies with key performance metrics, including:
๐Ÿ“Œ Pair โ€“ The trading pair used (e.g., BTC/USDT, ETH/USDT).
๐Ÿ“Œ Profit/Loss % โ€“ Historical performance of the strategy.
๐Ÿ“Œ Number of Trades โ€“ Total executed trades.
๐Ÿ“Œ Profitability % โ€“ Percentage of profitable trades.
๐Ÿ“Œ Profit Factor โ€“ Ratio of total profit to total loss.
๐Ÿ“Œ Max Drawdown % โ€“ Maximum loss experienced.
๐Ÿ“Œ Avg. Time Between Trades โ€“ Frequency of trades.
๐Ÿ“Œ Number of Followers โ€“ The number of users following this strategy.
To follow a strategy, click the โ€œ+ Followโ€ button next to your chosen strategy.
The performance metrics have been back tested:
โ€œHEY VITALIKโ€ and โ€œPEAK CYCLE LTโ€ - Starting Jan 1, 2020.
The following strategies have been back tested and live tested:
โ€œThe Firstโ€, โ€œSmart Apeโ€, โ€œAngry Apeโ€ - Starting July 1, 2024.
Assume all data is updated once per month (within the first week of the month) with the data form the previous month. (e.g: On February 15 2025, the data on website will show metrics until Jan 31 2025).

Step 3: Setting Your Max Quantity %

Once you follow a strategy, you must define the maximum QTY% used per position.
๐Ÿ“Œ Important:
- Currently, Quantapes is in beta, so there are limits on the QTY% per strategy.
- These limits will increase and eventually be removed as the platform evolves.

Step 4: Managing Multiple Strategies

โœ… One API Key can be used for multiple strategies as long as they trade different pairs.
โŒ If you want to trade multiple strategies on the same pair, you must create multiple sub-accounts on Bybit and generate separate API keys for each.

Step 5: Monitoring Strategy Performance

Below the strategy list, youโ€™ll find the Strategy Trading Logs, which provide:
๐Ÿ“Œ Order ID & Message โ€“ Track executed orders.
๐Ÿ“Œ Trigger & Execution Time โ€“ Timestamp of trades.
๐Ÿ“Œ Action โ€“ Buy/Sell orders.
๐Ÿ“Œ Strategy Name & Type โ€“ The selected strategy and market type (e.g., Futures).
๐Ÿ“Œ Symbol, Price & Quantity โ€“ Trade details.
This section helps you monitor strategy performance and execution in real time.

Final Notes

  • QTY% limits per strategy will be adjusted as Quantapes progresses beyond beta.
  • Multiple strategies on the same pair require multiple Bybit sub-accounts.
  • Regularly check the Strategy Trading Logs to track trades and performance.
Now youโ€™re all set to automate your trades with Quantapes strategies! ๐Ÿš€