Quick Dip: how FXNOD's Deriv Rise / Fall bot works

Quick Dip at a glance

What Quick Dip trades

Quick Dip trades one contract only: Rise or Fall, from Deriv's Rise / Fall family, with a length of one tick. A Rise wins when the price at the end of the contract is above the price it started at, and a Fall wins when it is below. A price that ends exactly where it started loses either way. A win pays a little less than the stake, and a losing trade costs the whole stake. Deriv sets the payout, and each trade's result is listed on the run page.

When Quick Dip enters a trade

Quick Dip looks only at the newest tick. If that tick moved up it buys a one-tick Fall; if it moved down it buys a one-tick Rise. If the tick did not move, it waits for one that does.

It has no other condition and no pause. As soon as a contract has closed it reads the newest tick and enters again, which makes it the fastest of the Rise / Fall bots.

Quick Dip 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 Quick Dip sizes its stake

Quick Dip uses a Martingale stake. After a losing trade the stake is multiplied by 2.22; 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.

Read the first row like this: on the stop loss 20 plan, 5 losing trades in a row cost 15.18 in total. The next stake would be 18.87, which is more than the 4.82 left of the stop loss, so the bot does not place it and the session ends.

The plans of Quick Dip

Quick Dip 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.

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.

Quick Dip 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 Quick Dip

1. 1

   Open Auto Hub and choose Quick Dip

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

2. 2

   Choose the market

   Quick Dip trades one market, and only a Volatility index: Volatility 10, 25, 50, 75 and 100, and the one-second indices from Volatility 10 (1s) to Volatility 100 (1s). No other market is offered for this bot.

3. 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. 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.