Question: What is Deriv's DBot? How does it work?
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What is Deriv’s DBot?
Deriv’s DBot is a web-based trading platform where you can easily automate your trading ideas without writing code.
If you are an investor who wants to create a trading robot that trades for you but you don’t know how to program, then Deriv’s DBot will provide you a perfect solution for you.
Once you sign up for Deriv, you can log in to Deriv’s DBot from Deriv’s Official Website.
How to use Deriv’s DBot platform?
You don’t know what is code or programming?
Deriv’s DBot does not require any expertise or knowledge, but allow you to set up automated trading strategies easily.
Here is how Deriv’s DBot works.
With Deriv’s DBot you can build a trading robot in 5 easy steps.
- Select your asset
Choose the market you want to trade with Deriv. With Deriv, you can trade Forex, Commodities, Stock Indices and also Synthetic indices. Choose any market that you are familiar with. - Set purchase conditions
Chose the boxes what will set up your automated trades. There are various options to perfect your auto-trade. - Set restart conditions
Set up how you like to restart trading after the first trade is completed. With Deriv, you can program your portfolio from the beginning to the end easily. - Run bot
Start running the bot you have created. You can always see the progress of your bot on the platform in real-time. - Check profit
See how your bot is performing as it executes each trade and receive notifications via Telegram.
Deriv’s DBot provides you a perfect opportunity to start automated Forex and CFD trading.
Have you ever dreamt of becoming a programmer and invest in the Forex and CFD market?
Then Deriv’s DBot is your choice.
Why Deriv’s DBot is great?
Deriv’s DBot is easy to use for anyone.
You can simply drag, drop, and configure pre-built blocks and indicators onto a canvas to build your bot.
You don’t need a knowledge of coding or programming.
For every option/strategy you want to add to your trades, Deriv’s DBot will explain to you the whole mechanism on the platform, so you can learn while building the code.
DBot is Deriv’s in-house platform and supports all the popular and traditional indicators for use.
The available indicators include the Martingale, D’Alembert, Oscar’s Grind, Cutler’s RSI, Bollinger Bands, and SMA Crossover.
All of the indicators will help you build the strategy you wish for.
Do you have nay questions about the use of Deriv’s DBot? Then sign up today to access tutorials, guides, and reference information as you build your bot.
If you want to stop trading and re-build a bot, you can always stop your bot with one-click.