HOW IT WORKS
From a market scan to a reviewable PAPER outcome.
The lifecycle gives each simulated decision a place in a visible process. Exact behavior depends on the chosen strategy and current eligibility checks.
1. Configure
Create a bot, select an eligible spot pair, timeframe and strategy family, then choose the available PAPER settings. The current free account supports up to five bots.
2. Monitor closed candles
Server-side workers can evaluate configured bots without keeping the website open. Closed-candle analysis helps avoid treating an unfinished candle as final market evidence.
3. Move through the lifecycle
Not every evaluation reaches a simulated buy. A strategy can keep watching, reject a setup, or remain in cooldown depending on its rules and safety state.
4. Simulate, never route
BUY and SELL represent simulated PAPER orders against a virtual wallet. No Binance account connection, exchange API key or real asset transfer is involved.
5. Review the record
Inspect saved decisions, analysis and risk snapshots alongside virtual positions, orders, trades, fees and performance. PAPER results can help you learn, but cannot predict future results.
PAPER ONLY