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On this page
  • Main Menu > Settings > 🥓 Defaults
  • Noob Mode
  • Default Settings
  • SL/TP Settings
  • Rugpull Detector Settings
  1. TRADING with Bitfoot Bot
  2. Ethereum Trading
  3. Settings

Defaults

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Last updated 4 months ago

This menu allows you to set some basic variables for trading and affects , and features.

Main Menu > Settings > Defaults

Noob Mode

This is a beginner-friendly preset that enables all essential settings and protections for safer trading. In this mode, transactions may be slightly slower, as the bot thoroughly checks the contract’s legitimacy before making a purchase. This added layer of security helps beginners trade with confidence, minimizing risks from suspicious or unsafe tokens.

Default Settings

Use Infinite Slippage For Private Swaps

  • Allows the bot to use infinite slippage for private (non-public) swaps, which can help execute transactions more reliably in cases where price volatility is high. Use this option cautiously, as it may lead to unintended price impacts.

Approve After Buy

  • Toggles whether the bot automatically approves tokens for trading after purchasing them. If set to "ON," this feature allows immediate selling after buying without manual approval.

Slippage Manual

  • Sets the default slippage tolerance for manual trades as a percentage. This is the amount of price fluctuation the bot will allow when executing a manual trade.

Absolute Max Fee Per Gas Gwei

  • Sets an absolute maximum gas price (in Gwei) that the bot will use for any transaction. This acts as a ceiling for transaction fees, ensuring the bot doesn't overspend on gas costs.

Confirm Buy

  • When enabled, the bot will prompt for confirmation before executing a buy transaction. Useful for double-checking trades before they are finalized.

Confirm Sell

  • When enabled, the bot will prompt for confirmation before executing a sell transaction, helping avoid accidental sells.

Confirm Delete

  • When enabled, the bot will prompt for confirmation before deleting any setting or configuration, adding a layer of protection against accidental deletions.

SL/TP Settings

Take-Profit & Stop-Loss Setup

What It Is:

  • Take-Profit (TP): Automatically sells your asset when it hits your profit target.

  • Stop-Loss (SL): Automatically sells your asset to prevent bigger losses if the price drops.

Why Use It:

  • Locks in profits and limits losses.

  • Runs 24/7, even when you're offline.

  • Removes emotional trading decisions.


How to Set Up SL/TP

  1. Enable General SL/TP:

    • Go to Defaults and turn on General SL/TP Enabled.

  2. Set Take-Profit (TP):

    • Enter a percentage where you want to sell for profit.

  3. Set Stop-Loss (SL):

    • Enter a percentage or price to sell if the price drops.

  4. Save Settings:

    • Click Save to apply.


Example:

  • TP: Set at +10% → Bot sells when price rises 10%.

  • SL: Set at -5% → Bot sells if price drops 5%.

Rugpull Detector Settings

Enable rugpull detection and define criteria such as liquidity removal thresholds and emergency slippage rates to protect against sudden market drops.

Rugpull Detector Enabled

  • Activates the rugpull detection feature to identify and respond to potential rugpulls.

Liquidity Fraction Removed Threshold

  • Sets the threshold for the fraction of liquidity removal that triggers a rugpull alert.

Min Initial Paired Liquidity ETH

  • Establishes the minimum initial liquidity paired with ETH required to avoid rugpull alerts.

Priority Fee Per Gas Multiplier

  • Applies a multiplier to the priority fee per gas when a rugpull is detected.

Min Amount Out ETH

  • Sets the minimum output in ETH for transactions to proceed, especially in potential rugpull scenarios.

Rugpull Detector Slippage

  • Specifies the slippage setting applied when a rugpull is detected to exit positions quickly.

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Copy Trading
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Rugpull Settings