Echo Guide (Swing Trading)
Setting Up Your API Key
The Signals use Binance's spot asset selection, the recommended exchange to use is Binance
Creating a Binance Account
Sign up for an account here. (If you already have an account, we recommend creating a fresh one for automation of the signals)
Deposit Crypto into the spot account.
Creating your API Key
Start Creating Your API Key
Press Create API
Choose 'System Generated' key (not "Self Generated")
Press 'Next' and give your API key a name
Complete 2FA authentication
Click the 'Edit Restrictions'" button
Under IP restrictions, select the 'Restrict access to trusted IPs only (Recommended)' option, enter this IP:
51.38.70.136and press confirm (It is compulsory to do this or trading permissions will be unavailable)Select the 'Enable Spot & Margin Trading' checkbox
Copy your API Key and API Secret and press 'Save' ⚠️Record them down as you will only be able to view them on Binance once.
Complete 2FA again to complete the set-up
Make sure to not enable settings that could put your funds at risk, such as settings like Account Transfer and Withdrawals
WARNING: As the Signals use Binance's spot asset selection, there may be a mismatch with available assets on MEXC, in which case Echo will keep the capital meant for unavailable assets in USDT
Creating a MEXC Account
Sign up for an account here. (If you already have an account, we recommend creating a fresh one for automation of the signals)
Deposit Crypto into the spot account.
Creating your API Key
Start Creating Your API Key
There will be two sections, 'Spot' and 'Futures'. We will only use 'Spot'
Under 'Spot', next to 'Account', enable View Account Details
Under 'Spot', next to 'Trade', enable View Order Details and Trade
Under 'Spot', next to 'Withdraw', enable View Deposit/Withdrawal Details
Under 'Spot', next to 'Transfer', enable Read transfer information
Leave 'Link IP Address (optional)' blank.
Press 'create', you should be prompted to go through security verification after which you will be given an API key along with the API secret. ⚠️Record them down as you will only be able to view them on MEXC once.
Make sure to not enable settings that could put your funds at risk, such as settings like Account Transfer and Withdrawals
Setting Up Echo
Save API Key: Go to AlgoAlpha's Swing Signals Echo dashboard, be sure to be logged into your account.
Under 'Exchange', select BINANCE/MEXC.
Fill in the 'API Key' and 'API Secret' fields using the API key you created.
Press 'Save API Settings'
Configuring Echo:
Under 'Stablecoin', select USDT.
Monitoring Trades:
Our automation rebalances your portfolio daily at 0030 UTC, so do not worry if you do not see any trades executed for a while.
It's not recommended to place other trades outside of the signals on the account you have connected as the program will likely exit any positions not in the signals by 0030 UTC daily
- Starting and Managing Echo
Starting the Bot: Once all settings are configured, Press save. Echo will automatically execute trades based on signals from 🔔│swing-signals.
Updating Settings: If any settings are modified, be sure to press the save button.
All Trade History can be seen on your exchange of choice (Binance/MEXC).
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