> For the complete documentation index, see [llms.txt](https://botlyz.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://botlyz.gitbook.io/docs/english/vue-d-ensemble.md). # Strategies overview Botlyz offers you two categories of automated trading strategies: **exclusive strategies** (the SIGMA family), ready to use, and **generic strategies**, which you build yourself without coding via the Builder. ## The two strategy families ### Exclusive strategies (SIGMA v2 and SIGMA v2.1) The Botlyz team develops and updates the software and its model strategies; it does not manage or supervise users' positions. These strategies are **ready to install and use immediately**. There are **two versions**, and **only two**: * **SIGMA v2**: mean-reversion on a moving-average envelope, without an RSI filter. A more reactive variant, with more trades. * **SIGMA v2.1**: same logic, with an additional **anti-momentum RSI filter** that avoids entering during a strong trend. Both versions trade **HYPE only** on Lighter. The pair is fixed and **cannot be modified**: there is no multi-pair variant, nor any "Mini", "Full" or "Standard" version. **Main characteristics**: * **LIMIT orders** placed on an envelope around a moving average * **Mean-reversion**: entry when the price moves away from the average, exit on the return toward the average * **Technical configuration preset** by the Botlyz team * **Fixed stop-loss** expressed as a percentage * **Leverage management** from 1x to 20x * **Capital allocation** adjustable from 1% to 100% **How it works**: 1. The strategy calculates a **moving average** (MA) over the last N candles (by default a MA of about 140 periods). 2. It defines an **envelope** around this MA (by default about ±3%). 3. When the price crosses the envelope, a **LIMIT order** is placed to enter a position (long below the MA, short above). 4. The position **closes on the price's return toward the average**. 5. A **fixed stop-loss** protects each position if the price keeps moving away. For SIGMA v2.1, an **RSI filter** is added: the RSI (default period of about 80) must stay within a band (default bounds of about 42 to 58) to allow entry. Above the upper bound, no long entry; below the lower bound, no short entry. The goal is to avoid entries during overly pronounced momentum. **Example (simplified, on HYPE)**: ``` Reference MA: 30.00 USD (illustrative value) Envelope: ±3% The price falls below 29.10 USD (3% below the MA) -> LIMIT order to enter LONG. The price rises back toward the MA (30.00 USD) -> the position closes. Fixed stop-loss: cuts the position if the price keeps falling beyond the defined threshold. ``` This example only describes how the envelope logic works. It is neither a forecast nor a promise of results. Trading involves a risk of capital loss and past performance does not guarantee future performance. **Technical parameters (preset, adjustable)**: * MA period (default \~140) * Envelope in % around the MA (default \~3%) * For SIGMA v2.1 only: RSI period (\~80) and RSI bounds (\~42 / \~58) * Candle timeframe: 5 minutes, 15 minutes or 1 hour **Risk parameters (for you to set)**: * Leverage: 1x to 20x * Allocation: 1% to 100% of the account balance * Stop-loss in % * Slippage tolerance on stop-loss and take-profit execution (1% to 50%, default 10%) **Advantages**: * Complete strategy, already configured * You only have to set leverage, allocation and stop-loss * LIMIT orders: better execution price, less slippage * Passive operation once launched **Limitations**: * Less flexible: the technical logic (MA, envelope, RSI filter) is preset * Works on **a single fixed pair**: HYPE * Requires a **basic understanding** of what an envelope and a moving average are **Minimum capital**: The minimum capital required depends on the **minimum order size of HYPE on Lighter**, to which Botlyz applies a safety margin to prevent an order from being rejected after rounding. Concretely, your tradable capital (funds × leverage × allocation) must exceed this minimum. If that is not the case at installation, the configurator indicates the required amount and offers to increase your capital, your allocation or your leverage. **Platform**: * Exchange: **Lighter DEX** (decentralized) * Botlyz protocol fee: **10 bps (0.10%)**, deducted automatically on each order via Lighter's "partner attribution" program, capped at 10 bps * Lighter's own fees (trading, funding) apply separately, independently of Botlyz *** ### Generic strategies (no-code Builder) You build these strategies **without coding**. You configure your trading rules, and Botlyz generates the strategy automatically. **Main characteristics**: * **MARKET orders** (entry at the market price) * **Check at candle close** (every 5 minutes, or the timeframe you choose) * **Configurable parameters**: entry and exit conditions, stop-loss, take-profit, position size * **Technical indicators** that you select yourself (RSI, MA, MACD, Bollinger, etc.) * **Pair choice**: any market available on Lighter (default BTC) * **Leverage management**: 1x to 20x * **Capital allocation**: up to 100% **How it works**: 1. You choose your **pair** (for example BTC, ETH, SOL or HYPE). 2. You define **entry conditions** via the Builder (for example "RSI > 70" or "Price > MA 20"). 3. At **each candle close**, the strategy checks whether the conditions are met. 4. If so, it places a **MARKET order**. 5. Positions are closed according to your configuration (take-profit, stop-loss, or exit condition). **Example (simplified, on ETH)**: ``` Pair: ETH Entry condition: RSI(14) > 70 Position size: 50% of allocated capital Stop-loss: 5% below the entry price Take-profit: 10% above the entry price Every 5 min, the strategy checks: is RSI > 70? Yes? -> MARKET entry. -> Waits for the exit (TP hit, SL hit, or closing condition). ``` This example only illustrates the Builder's mechanics. It represents neither an expected return nor a recommendation. Trading involves a risk of capital loss. **Advantages**: * **Very flexible**: you build exactly what you want * **No-code**: no need to program, just clicks * You can test different configurations easily * You choose the pair among Lighter markets **Limitations**: * MARKET orders: less favorable execution price, more slippage * **You are responsible** for the backtest and the validity of your logic * Requires good knowledge of technical indicators * More complex to configure correctly than a preset strategy **Platform**: * Exchange: **Lighter DEX** (decentralized) * Botlyz protocol fee: **10 bps (0.10%)**, deducted automatically on each order via Lighter's "partner attribution" program, capped at 10 bps * Lighter's own fees (trading, funding) apply separately, independently of Botlyz *** ## Comparison table | Aspect | Exclusive strategies (SIGMA) | Generic strategies (Builder) | | --------------------- | ---------------------------------------------- | -------------------------------------- | | **Versions** | SIGMA v2, SIGMA v2.1 | Models and strategies you build | | **Order type** | LIMIT (envelopes) | MARKET (candle close) | | **Configuration** | Leverage, allocation, stop-loss, slippage | Indicators + entry/exit + SL/TP | | **Flexibility** | Low (preset logic) | High (fully customizable) | | **Complexity level** | Medium | Medium to high | | **Code required** | No | No (no-code interface) | | **Slippage** | Low (limit orders) | Higher (market orders) | | **Setup time** | 5 min | 15 to 30 min | | **Backtesting** | Included, fast | Up to you | | **Parameters to set** | Leverage, allocation, stop-loss (preset logic) | Full logic + risk (fully configurable) | | **Pair** | HYPE (fixed, not modifiable) | Your choice among Lighter markets | | **Leverage** | 1x to 20x | 1x to 20x | | **Allocation** | 1% to 100% | 1% to 100% | *** ## How they differ A factual description of the two families. Botlyz does not recommend any option: the choice is yours. ### Characteristics of an exclusive strategy (SIGMA) * Preset logic: mean-reversion on a moving-average envelope, modifiable only via the risk parameters (leverage, allocation, stop-loss) * Strategy already built, with no design step on your part * LIMIT orders (execution price on the envelope, generally lower slippage) * A single fixed pair: HYPE * Passive operation once the configuration is signed and launched ### Characteristics of a generic strategy (Builder) * Fully configurable: you define the entry and exit logic via technical indicators (RSI, MACD, Bollinger, etc.) * Designing and validating the logic is up to you (backtest included) * MARKET orders (market execution price, generally higher slippage) * Pair choice among Lighter markets (BTC, ETH, SOL, HYPE, etc.) * You remain solely responsible for the custom strategy you configure and sign *** ## Important points (legal disclaimer) ### Botlyz is not a fund manager * **Botlyz is a software editor**: a tool that automates the execution of your trading orders * **Non-custodial**: you keep **full control** of your funds and your private keys * The connected API keys are **trade-only**: no withdrawal is possible * **You sign your configuration yourself** via EIP-712 (Ethereum signature) and remain solely responsible ### Risk warning * **Trading involves a risk of loss, which may extend to the entire capital** * **Past performance does not guarantee future performance** * **Botlyz does not provide any investment advice** * **You are solely responsible** for your trading decisions * **Always test with a small amount of capital** before increasing your exposure ### Fees * **Botlyz protocol fee**: **10 bps (0.10%)** per order. This is the only fee related to Botlyz. It is a protocol fee, collected and paid out by the platform via Lighter's "partner attribution" program (capped at 10 bps). It is neither an invoice nor a Botlyz commission, and **no commission is taken from your gains**. * **Lighter fees**: the trading and funding fees specific to the Lighter platform apply separately, independently of Botlyz. For full details, see the [Fees](/docs/english/frais.md) page. *** ## Next steps 1. **For exclusive strategies**: see the [SIGMA exclusive strategies](/docs/english/strategies-exclusives-sigma.md) page for installation and configuration. 2. **For generic strategies**: see the [The Builder](/docs/english/le-builder.md) page to build your first strategy. 3. **To understand the risks**: read [Risk parameters](/docs/english/parametres-de-risque.md). 4. **Need help?** See the [Support](/docs/english/support.md) page. --- # Agent Instructions This documentation is published with GitBook. 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