Getting Started
Guide to get started with PinoAPI
Last updated
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Guide to get started with PinoAPI
Last updated
Was this helpful?
Please make sure to follow our rules and requirements at all times.
Your account should always have a minimum of $500 available.
Your account should be upgraded to Unified Trading Account [BYBIT ONLY].
Ensure your trading platform is set to Cross for executing trades.
Only use your account for PinoAPI: Your trading account/wallet is dedicated to PinoAPI only. This means that you should not use it for any other purpose or service.
Don't make any changes to your account while PinoAPI is connected: While you are using PinoAPI, it is important that you do not manually interfere with your account. This includes making any changes to your account, such as withdrawing funds or changing settings.
Don't withdraw any funds while PinoAPI is actively running or has been created: If you have an active PinoAPI algorithm or have created one, do not withdraw any funds from your account while it is running. This could cause errors or issues with your algorithm.
Pay your invoices on time to avoid getting penalized: If you receive an invoice from us, make sure to pay it on time to avoid any penalties or sanctions. If you have any questions or concerns about your invoice, please contact us as soon as possible.
Violation of our house rules could result in substantial damage to your account!
Step-by-step guides on how to set up your trading platform.
Step-by-step guides on how to set up PinoAPI.
Start by signing up to PinoAPI.
Make sure you only use the correct link.
Fill in all the forms to complete your registration. You can optionally use this link to create a strong password.
Now you are going to connect your trading platform to PinoAPI.
Click this link to go to the API page.
Pick your platform.
To complete the API setup you have to fill in all forms. Subaccount only applies when you are using a subaccount. (Not required for Bybit and Kraken users).
Now choose your preferred option to use PinoAPI. By choosing Manual, you will be doing everything yourself: you decide what risks to take, which instruments to trade, when to run, and when to stop.
Choose the Auto option for PinoAPI to handle everything. Ideal for users with limited time or interest in configuring setups themselves, it’s a ‘Set and Forget’ option for fully automated profits.
AUTO IS ONLY AVAILABLE FOR INTERMEDIATE OR ADVANCED USERS!
After successfully creating the new API connection, the new API will be visible under Active API(s).
Now you are going to create a new PinoAPI setup.
Click this link to go to the Manage page.
After clicking Create new setup you have to select the API you want PinoAPI to run on.
Before configuring your new setup, you want to perform a market analysis. By doing market analysis you greatly increase your chance of having a profitable setup. (Click here to learn more about market analysis)
Select one of the PinoAPI algorithms. Demo users can only access Idle. (Click here to learn more about our algorithms)
After having done your market analysis you should pick a trade direction. Long: You expect the market to go up. Short: You expect the market to go down.
Select a risk preset based on your market analysis and confidence. Demo users can only access the Low preset. (Slots represent the amount of risk you are willing to take, more slots > more risk)
Select one or more instruments you would like PinoAPI to trade. (The more weight the bigger the exposure will be on that specific instrument)
The Risk indication will help you understand the risk of your new setup. (Zones can be reached if the average of all chosen instruments deviate + or - %)
Make sure to double check your configuration before confirming your new setup.
Ready to complete your new setup? Accept our terms and press Confirm.
Congratulations! You've successfully created your first PinoAPI setup. Now, let's delve into controlling your setup.
To initiate the process, begin by starting one of the selected instruments. You can accomplish this by clicking the dropdown menu and pressing the Start button.
If your Instrument is running but no longer meets the requirements of your analysis you can either Finish the position, or in case you want to immediately close the position Stop the position. The Finish button lets the algorithm wrap up by having the position run till sold in profit (Buying/selling based on bias will still occur). The Stop button will immediately close the position at market price (It being in profit or loss).
If you wish to remove one or more instruments from your setup, you must wait for the instrument(s) to be stopped. Once stopped, proceed to delete the instrument(s) by clicking the Bin button.
To add new instruments to your setup, utilize the Plus button. It's important to note that you can only add instruments within the preset weights established during the initial setup creation.
If you suspect that PinoAPI is not synchronized correctly or is malfunctioning on your trading platform, you can press the Sync button to ensure that everything is in order and synchronized correctly.
When you want to ensure that an instrument only trades within a specific Trade Window, configure the High and Low values for that instrument. If an order is filled outside of your designated Trade Window, the instrument status will automatically switch to Finishing/Stopped.
When configuring a Trade Window for your entire setup, the Setup Trade Window is the way to proceed. This feature allows you to set percentage-based High and Low values relative to the current price. For example, in a Long setup, if the current Bitcoin price is $50,000, your High would be +10% ($55,000) and your Low would be -20% ($40,000). If an order is filled outside of your designated Trade Window, the instrument status will automatically switch to Finishing/Stopped.
AutoPilot is a feature that automatically manages the risk of your setup. When AutoPilot is enabled, your instruments will automatically downscale or upscale based on the current risk associated with your setup.
For Example, when you set the Finish Deviation to -20% (+ for Short) and the Restart Deviation to -6% (+ for Short). If your setups risk falls below -20%, AutoPilot will automatically scale down the risk. However, AutoPilot will only start to upscale the risk again once your setup risk has decreased to the configured Restart Deviation value, which in this example is 6%.
Something went wrong? No problem! Please submit your problem/error or abnormality here or contact us. By clicking the Clipboard button, you automatically copy the cycle ID of an instrument. This ID can greatly help us in the process of finding your error.
Step-by-step guides on how to use PinoAPI Auto.
Congratulations! You’ve successfully connected to Auto. Now, let’s learn more about how it works and what you can expect. You don’t have to do anything yourself! 😴
After connecting to Auto, wait for the system to activate and configure your API. Check your Manage page to see if your API is activated. If there’s a setup available, your API is ready. Activation and trading usually take place within 24 hours but may be delayed due to market conditions.
Your Auto setup has four types of status:
Stopped: This instrument is not being traded at the moment.
Running: This instrument is actively being traded at the moment.
Finishing: The algorithm is trying to close the instrument in profit and stop.
Error: Various errors could occur, and the system will try to fix them itself.
While Auto is activated, you can track its performance on the Manage page, where you can see detailed information on the profit each instrument has made. Alternatively, you can get a broader overview by looking at your dashboard.
If you want to quit Auto, contact us to minimize potential losses. For immediate quitting, let us know, but be aware of possible losses due to unfavorable market conditions.
Need help getting started? Make sure to ask our community or contact us.
