Quick Start Guide
Five minutes to connect, test, and launch.
Welcome to QuantsEdge! This guide will get you from zero to your first automated trading bot in just a few minutes. We'll walk through the complete process of setting up your account, testing a strategy, and launching your first bot.
Prerequisites
Before you begin, ensure you have:
Compatible Wallet: A wallet that supports MetaMask or WalletConnect for secure authentication. Popular options include MetaMask, WalletConnect-compatible wallets, or hardware wallets.
Modern Browser: Use a modern Chromium-based browser (Chrome, Edge, Brave) or the QuantsEdge iOS app for optimal performance and security.
Basic Understanding: Familiarity with cryptocurrency trading concepts will help, but our platform is designed to be accessible to traders of all experience levels.
Step 1: Account Setup and Authentication
Connect Your Wallet
Visit the Platform: Navigate to the QuantsEdge web application or open the iOS app.
Choose Authentication Method: Click Continue with Wallet to connect using your existing cryptocurrency wallet.
Approve Connection: Your wallet will prompt you to approve the connection. Review the permissions and approve to proceed.
Sign Login Message: Complete the authentication by signing the login message. This signature is valid for 24 hours, providing seamless access without repeated wallet interactions.
Enable Biometric Login (iOS): On mobile devices, tap Legacy Login once to enable Face ID or Touch ID for future sessions, making subsequent logins faster and more convenient.
Security Features
Your wallet connection provides several security benefits:
Non-custodial: Your private keys never leave your device
Hardware-backed: Maximum security through your existing wallet infrastructure
Session management: Automatic logout for security with easy re-authentication
Step 2: Strategy Validation Process
QuantsEdge enforces a rigorous three-stage validation process to ensure your strategies are thoroughly tested before risking real capital. This progression cannot be skipped and is designed to protect your investment.
Stage 1: Backtesting
Purpose: Validate your strategy against historical market data to understand how it would have performed in the past.
Process:
Navigate to the Strategy Lab section
Select a pre-built template or create a custom strategy
Configure your parameters (entry/exit rules, risk management, etc.)
Run the backtest against historical data (typically 3-12 months)
Review the results including profit/loss, drawdown, win rate, and other key metrics
What to Look For:
Consistent profitability across different market conditions
Reasonable maximum drawdown (typically under 20%)
Sufficient number of trades for statistical significance
Performance that matches your risk tolerance
Stage 2: Paper Trading
Purpose: Test your strategy with live market data using simulated capital to identify any real-time issues.
Process:
Switch to Paper Trading mode in the Strategy Lab
Deploy your validated strategy with simulated capital
Monitor performance for at least 1-2 weeks
Compare results to your backtest expectations
Verify that execution matches your strategy logic
Key Benefits:
Real-time market conditions with zero financial risk
Identifies issues that backtesting might miss
Builds confidence in your strategy's live performance
Allows for parameter adjustments before going live
Stage 3: Testnet Trading
Purpose: Final validation using Hyperliquid's testnet environment with play tokens to test the complete trading infrastructure.
Process:
Switch to Testnet mode
Deploy your strategy using Hyperliquid's testnet
Monitor order execution, fills, and system integration
Verify all risk controls and safety mechanisms work correctly
Confirm the complete trading pipeline functions as expected
Critical Validation:
Order execution and fills work correctly
Risk management systems activate properly
System integration with Hyperliquid functions smoothly
All monitoring and alerting systems operate correctly
Step 3: Launch Your First Bot
Once your strategy has successfully passed all three validation stages, you're ready to launch your first live trading bot.
Bot Configuration
Click Launch Bot: Navigate to your validated strategy and click the launch button.
Set Trading Parameters:
Trading Pair: Select the cryptocurrency pair you want to trade
Order Size: Set your position size (start small for your first bot)
Take Profit: Define your profit target percentage
Stop Loss: Set your maximum acceptable loss percentage
Review Risk Settings: Ensure all risk controls are properly configured:
Position sizing limits
Daily loss limits
Maximum drawdown controls
Kill switch settings
Final Review: Double-check all settings before launching
Launch and Monitor
Launch: Click the final launch button to activate your bot
Monitor Dashboard: Watch real-time performance on the main dashboard
Set Alerts: Configure mobile notifications for important events
Regular Check-ins: Monitor performance daily, especially in the first week
Bot Management
Pause/Resume: You can pause your bot at any time without losing your position Edit Settings: Modify parameters while the bot is running (changes take effect on next trade) Stop Completely: Close all positions and stop the bot if needed
Preflight Checklist
Before launching any bot, verify these critical items:
Wallet Status:
Wallet shows as connected and ready for trading
Sufficient balance for your intended position size
All required permissions granted
Strategy Validation:
Recent backtest completed with satisfactory results
Paper trading or testnet results reviewed and validated
Strategy performance meets your expectations and risk tolerance
Risk Controls:
Position size appropriate for your account size
Stop loss and take profit levels properly set
Daily loss limits configured
Kill switch settings reviewed and understood
System Readiness:
Mobile notifications configured (if desired)
Dashboard monitoring set up
Emergency contact information updated
Where to Go Next
Continue Learning:
Trading Bots – Explore automation templates and advanced configurations
Strategy Lab – Deep dive into strategy development and optimization
Risk Management – Master advanced risk control techniques
Platform Features:
Wallets & Security – Understand our custody and authentication model
Mobile Trading – Set up mobile monitoring and control
AI-Powered Features – Leverage artificial intelligence for enhanced trading
Support Resources:
FAQ – Find answers to common questions
Contact Support – Get help when you need it
Community – Connect with other traders and share insights
Important Reminders
Start Small: Begin with small position sizes to gain experience and confidence before scaling up.
Monitor Closely: Pay special attention to your bot's performance during the first week of live trading.
Stay Informed: Keep up with market conditions and be prepared to adjust your strategy if market regimes change.
Risk Management: Never risk more than you can afford to lose, and always use appropriate risk controls.
Success Tip: The key to successful algorithmic trading is patience, discipline, and thorough testing. Take your time with each validation stage, and don't rush to live trading until you're completely confident in your strategy's performance.
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