Auto Buy on Pasted Contract
Last updated
Last updated
Suppose that you want to snipe a stealth launch of a hyped token. In such situations, speed is key, especially when hundreds of buyers are racing to copy-paste the new contract address into Pancakeswap/Uniswap, or in our case, the bot trading terminal. To give you an edge over your competition, we introduced the Maestro DMs
signal, which allows you to setup auto-buys for pasted contract addresses. Follow these steps to set it up:
From the /start
menu, go to Signals. This will open the following menu:
Select the Maestro DMs
signal. This will open the settings menu shown below. This menu behaves exactly like other Signals settings (Call Channels, External Signals and Scraper). We delve deeper into these settings in Section .
Now, when you paste a contract address into the bot, it will check whether the token satisfies the marketcap, liquidity, and tax conditions specified for the Maestro DMs
signal, and then attempt to auto-buy the token with the amount specified in Buy Amount, and using the slippage and gas settings specified in the signal.
You DO NOT need to worry about your auto-buy amounts exceeding the max transaction limit. If your Buy Amount is higher than the limit and the bot manages to estimate that limit, then the bot will automatically adjust the Buy Amount to make sure the transaction goes through.
Select a suitable Buy Amount and click on "Inactive" to activate the channel as shown in the image above. As discussed earlier, automated buys will not trigger unless "Allow Auto Buy" is enabled in your . The bot will warn you if this is not the case once you activate a signal.
Auto Buy Checks can be used to set optional checks and limits such as Min/Max MC, Min/Max Liquidity and Max Buy/Sell Tax. If any of these limits is not met, Auto Buy won't trigger for the pasted contract. Initially, Auto Buy Checks will inherit the same values that you've set in your , but you can further customize and/or disable these checks directly from your Maestro DMs
settings. In such cases, the values specified in the Maestro DMs
settings will take priority over the ones specified in your .
Slippage, Smart Slippage, Gas Delta/Price and Degen Mode will initially mirror what you have in your and your , and they only impact auto-buys on pasted contracts. You can also customize them directly in the Maestro DMs
signal.
Multi Buy can be used to select the wallets that will participate in any auto-buy triggered by the Maestro DMs
signal (pasted contracts) as shown in the image below. Initially, Multi Buy is defaulted to your "" wallet, but you can further customize this to set any selection of wallet.
If Auto Sell is enabled 🟢, the bot will automatically create the sell limit orders defined in "⚙️ Sell Limit" following every automated buy triggered by the Maestro DMs
signal. If Auto Sell is disabled 🔴, no sell limit orders will be automatically added following an automated buy triggered by this signal, even if you have them defined in "⚙️ Sell Limits". Initially, "⚙️ Sell Limits" will enherit the same limits defined in your , but you can further customize these limits directly from your Maestro DMs
settings. In such cases, the sell limits specified in the Maestro DMs
settings will take priority over the ones specified in your .
If you don’t want the bot to auto-buy pasted contract addresses, make sure that the Maestro DMs
signal is inactive 🔴. You can also control this using the shortcut /quick
, which gives you an easily accessible menu of useful settings for all chains. Alternatively, you can append a particular chain to the command to access the quick settings for a particular chain. For example, /quick_eth
and /quick_sol
can be used to access the quick settings of Ethereum and Solana, respectively.