Auto Hub botUpdated 6 min readBy the FXNOD team

Fingertip: how FXNOD's Deriv Touch bot works

Fingertip is a ready-made bot in FXNOD's Auto Hub that buys Deriv's five-tick Touch contract, which wins when the price reaches the barrier at any of the five ticks. Fingertip buys a five-tick Touch with its barrier above the entry price as soon as its last contract has closed. After a losing trade its stake is multiplied by 1.87, and after a win it returns to the starting stake. You start it on one market with one of three fixed plans, with a stop loss of 20, 100 or 500, and the session ends at the plan's profit target or its stop loss.

Fingertip at a glance

Fingertip
ContractTouch, five ticks (Deriv Touch / No Touch)
A trade wins whenthe price reaches the barrier at any of the five ticks
BarrierAt Deriv's default barrier distance for the market
EntryAs soon as the last contract closes
StakeMartingale: multiplied by 1.87 after a loss
PlansStop loss 20, 100 or 500
MarketsOne of Volatility 10, 25, 50, 75 and 100
Open tradesOne at a time

What Fingertip trades

Fingertip trades one contract only: Touch, from Deriv's Touch / No Touch family, with a length of five ticks and a barrier above the entry price, at Deriv's default barrier distance for the market. A Touch wins if the price reaches the barrier at any of the five ticks, and closes as soon as it does. The nearer the barrier, the more often a Touch wins and the less a win pays. A losing trade costs the whole stake. Deriv sets the payout, and each trade's result is listed on the run page.

When Fingertip enters a trade

Fingertip has no entry condition and takes one side only. It buys a five-tick Touch, waits for it to close, and buys the next one.

The barrier is above the entry price, at Deriv's default barrier distance for a Touch on that market. The contract closes as soon as the barrier is touched, so a winning trade can end before its fifth tick.

Fingertip holds one trade at a time: it looks for the next entry only after the last contract has closed. The entry rule sets when the bot trades and how often. It does not make any single trade more likely to win.

How Fingertip sizes its stake

Fingertip uses a Martingale stake. After a losing trade the stake is multiplied by 1.87; after a winning trade it returns to the starting stake. Losses in a row compound: the stake after two straight losses is the starting stake multiplied twice, rounded to two decimal places.

The stop loss bounds the ladder. A stake is placed only if it is no larger than what is left of the stop loss; a step that does not fit is not placed, and the session ends there. The table shows the stakes of an unbroken run of losses from a session that is level. A session that is already in profit has more room, and one that is behind has less.

PlanLosses in a row that fitStakes if every trade losesLost by thenNext step, not placed
Stop loss 2060.35, 0.65, 1.22, 2.29, 4.28, 8.0016.7914.97
Stop loss 10062.00, 3.74, 6.99, 13.08, 24.46, 45.7396.0085.52
Stop loss 500610.00, 18.70, 34.97, 65.39, 122.28, 228.67480.01427.61

Read the first row like this: on the stop loss 20 plan, 6 losing trades in a row cost 16.79 in total. The next stake would be 14.97, which is more than the 3.21 left of the stop loss, so the bot does not place it and the session ends.

The plans of Fingertip

Fingertip is not given a stake, a stop loss and a profit target one by one. You choose a plan, and the plan sets all of them together. Plans are named by their stop loss. The amounts are in the currency of the Deriv account the bot trades.

PlanStarting stakeProfit targetMultiplier after a loss
Stop loss 200.3511.87
Stop loss 100251.87
Stop loss 50010251.87

When a session ends

  • The profit target is reached. The bot stops with the session's profit at or above the plan's target.
  • The stop loss is reached. No stake is placed that could take the session's loss past the plan's stop loss.
  • You stop it. The Stop button on the run page ends the session at any time.

Fingertip runs on FXNOD's servers, not in your browser. Closing the page or switching off your device does not stop it, and does not switch off its limits. Starting it again after a session has ended begins a new session with the full plan.

How to start Fingertip

  1. Open Auto Hub and choose Fingertip

    The bot's page opens with a How it works panel that lists its rules in order.

  2. Choose the market

    Fingertip trades one market, and only one of Volatility 10, 25, 50, 75 and 100. The form suggests Volatility 100, 75 and 50. The one-second indices price the same barrier differently, so they are not offered for this bot.

  3. Choose a plan

    Each plan card shows its stop loss, its take profit and its starting stake. Nothing on the card can be edited.

  4. Check the account, then start

    The panel shows which Deriv account the bot will trade. On a demo account the button reads Start on demo. On a real account you tick a box to confirm that the bot trades real money, and the button reads Start with real money. The first time, Deriv asks you to approve FXNOD's automated-trading connection on its own page.

Questions people ask

What does the Fingertip bot trade?
Fingertip buys Deriv's Touch contract with a length of five ticks and a barrier at Deriv's default barrier distance for the market. A trade wins when the price reaches the barrier at any of the five ticks.
When does Fingertip place a trade?
Fingertip buys a five-tick Touch with its barrier above the entry price as soon as its last contract has closed.
Does Fingertip use Martingale?
Yes. After a losing trade the stake is multiplied by 1.87, and after a win it returns to the starting stake. A step that would not fit in what is left of the stop loss is not placed, and the session ends.
Can I change the stake or stop loss of Fingertip?
Not one by one. You choose one of its three plans, with a stop loss of 20, 100 or 500, and the plan sets the stake and the profit target with it. To set every amount yourself, build a bot in Bot Forge.
Does Fingertip keep running when I close the page?
Yes. Fingertip runs on FXNOD's servers until it reaches its profit target or its stop loss, or until you stop it.

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