Best Practice to Configure the Frontrunning bot

Fine-tuning your FastlyBot Frontrunning Bot is an essential step to align it with your trading strategy. Follow these comprehensive steps for a seamless configuration process

Open Configuration File: Locate the configuration file, named env.js, in the Premium Frontrunning Bot directory.

Config file for fastlybot premium frontrunning bot

Edit with Precision: Use a text editor of your choice to open the configuration file. This file is your canvas for customization. Tailor the bot's behavior by adjusting parameters such as:

  1. PRIVATE_KEY:

    • Purpose: This is where you provide the private key associated with the wallet you want to use for transactions.
    • Usage: Replace 'your_private_key' with your actual private key.

  2. WEBSOCKET_PROVIDER_LINK:

    • Purpose: This is the link to the WebSocket provider that the bot uses for real-time market data.
    • Usage: Replace 'wss://websocket_url' with the actual WebSocket provider link.

  3. AMOUNT:

    • Purpose: Specifies the amount of cryptocurrency (in BNB or ETH) that the bot will use to conduct transactions.
    • Usage: Set the desired amount. In the provided example, it's set to 0.01 Eth.

  4. SLIPPAGE:

    • Purpose: Defines the allowable slippage percentage for executing transactions.
    • Usage: The example sets it at 1%, but you can adjust based on your risk tolerance.

  5. MARKET:

    • Purpose: Indicates the target market for the bot (e.g., Uniswap, PancakeSwap, Goerli).
    • Usage: Modify it based on your preferred market.

  6. LEVEL:

    • Purpose: Establishes the threshold level between transaction value and token liquidity, impacting potential profit.
    • Usage: Adjust based on your strategy. Larger levels can yield bigger profits but might reduce frontrunning opportunities.

  7. FRONT_RUN_OPTIONS:

    • Purpose: Specifies the mode of the bot: 'ALL,' 'INCLUDE,' or 'EXCLUDE.'
    • Usage: Choose the option that fits your strategy. In this example, it's set to 'INCLUDE' which is the better and saffer option

  8. INCLUD_TOKENS_LIST:

    • Purpose: If 'FRONT_RUN_OPTIONS' is set to 'INCLUDE,' this list defines tokens the bot will frontrun.
    • Usage: Add or remove token addresses based on your preferences.

  9. EXCLUD_TOKENS_LIST:

    • Purpose: If 'FRONT_RUN_OPTIONS' is set to 'EXCLUDE,' this list defines tokens the bot will not frontrun.
    • Usage: Adjust the list according to your strategy.