Copytrade Buys
To enable this modality, Use /sniper
to bring up the main menu in Figure 1, and select Copytrade. You will see the menu in Figure 18.
Two buttons stand out:
ON/OFF: A global toggle to enable/disable copytrading.
Add Wallet: Allows you to add up to two wallets to track.
After adding a tracked wallet, the menu receives a new row, shown in Figure 19.
The β button removes the tracked wallet, while clicking on the wallet itself opens the Copytrade wallet configuration menu, shown in Figure 20.
Copytrade Settings
You might notice that the the menu looks exactly like the call channel menu in Figure 11, except for the omitted Track button, as tracking is automatically enabled for wallets you add, as long as the toggle in Figures 18 and 19 is set to π’ON.
For a more detailed explanation of what the buttons in Figure 20 correspond to, please consult Section 2. However, we will highlight four buttons: the _Auto Buy_ and Buy Amount buttons, as they are vital to the functioning of our automated copytrade modalities, and the Copy Sell button, which we will explain in the next section, and the Frontrun toggle.
β
Auto Buy
If you want the bot to auto buy immediately when the tracked wallet performs a buy transaction, you NEED to enable Auto Buy here and in your wallet settings (two locations). You will also need to fill the βοΈ_Buy Amount_ field, explained below.
βοΈ Buy Amount
This serves as the maximum allowed auto buy amount. For example, if you set Buy Amount to 0.5 BNB and the tracked wallet buys 0.1 BNB, then the bot will also buy 0.1 BNB, matching the tracked wallet. However, if the tracked wallet buys any amount LARGER than 0.5 BNB, the bot will still only buy 0.5 BNB.
This is done to shield you from the fluctuations in transaction sizes coming from tracked wallets, especially if youβre tracking βwhaleβ wallets that are prone to large buys that most people canβt afford.
β
Frontrun
This controls whether you would like to frontrun the tracked walletβs buys and sells. Enabling Frontrun means that the bot will use higher gwei than the tracked wallet to get ahead of it. The bot will compare your own walletβs gas price/delta (which you can override using the Gas Price/Delta in the copytrade settings) against the tracked walletβs gas price/delta + 5
, and then pick whichever value is higher. This comparison allows you to ramp up the speed of your own transactions, which is especially useful if youβre pairing this with _Smart Slippage_. Disabling Frontrun forces the bot to use the same gwei as the tracked wallet to ensure that you donβt frontrun it.
β
Blind Follow
The bot excludes transactions that don't originate from the tracked address (fake/real airdrops, contract traders, multi-wallet transactions, etc.). Blind Follow bypasses this protection, which can expose you to fake/spoofed transactions. Only enable this if you're following a wallet that trades through transactions that do not originate from the tracked address.
βοΈ_Gas Price/Delta_ -βοΈ_Slippage_ - π_Smart Slippage_
These buttons allow you to override your wallet gas, slippage, and Smart Slippage settings for copytrade Auto Buys. The buttons behave the same way as those explained in the Call Channels section.
Copytrade Detection
After the tracked wallet buys a token, you will receive the notification and buy menu shown in Figure 21. Even if you donβt enable Auto Buy or set a Buy Amount, you can still manually buy through the menu. These manual buys will simply use your wallet's gas price/delta and slippage settings. Manually or automatically buying the token will open up a Trade Monitor similar to the one seen in Figure 13. You can then manually sell, copy the tracked walletβs sell (to be discussed in the next section), or allow autosell thresholds to do the work.
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