WALLET COPY TRADING

Learn how to copy trade a wallet

Mizar allows you to replicate other traders' wallets and engage in trading as they do, all with just a few clicks. Achieving this is as simple as setting up a wallet copy trading bot.

Here, you'll gain access to the Bot settings dashboard.

Bot Settings

In this section you can configure the main bot settings.

Bot Name

Give a name to your bot

Max N. of Snipes

This represents the maximum limit on the number of concurrent snipes that the bot can open. For exampe, if you set this parameter at 10, the bot will be able to open up to 10 snipes at a single point in time. If 10 snipes are active, any additional calls will go unfulfilled. It's essential to ensure that your wallet maintains a sufficient ETH balance to cover both the overall investment and associated gas fees.

Copy Trading Wallet

This is the ERC-20 wallet address you'll be mirroring. By default, all buy swaps will be replicated.

Trading Settings

These settings are exactly the same as described here.

Advanced Settings

Auto Copy Sell

Enabling this option will result in the copy trade of sell swaps. If any of your trading settings conflict with the sell swaps, such as your take profit or stop loss settings, the swap will be carried out based on the lower threshold. For instance, if the wallet you're copying sells with a 20% profit while your take profit is set at 50%, your sale will occur at 20% PnL. Conversely, if your take profit is configured at 20% and your wallet sells at 50%, your take profit will activate, and you will sell at 20%.