Step-by-Step Tutorials

In this section, you will learn how to set up your first Boomerang trade using the WeSwap Dashboard.

1. Setting Up a Boomerang Trade

• Step 1: Select Mode Click on the "Boomerang Mode" tab from the main menu on the Dashboard.

• Step 2: Select Asset (WSP Coin) Choose the main asset you will use to enter the trade (Usually WSP or USDC).

  • Example: I want to start the trade with 5 SOL from my wallet.

• Step 3: Define Target (Target Coin) Paste the Contract Address (CA) of the token you wish to buy into the input box. WeSwap will automatically fetch the token details.

• Step 4: Strategy Settings

  • Amount: Enter the amount you wish to invest.

  • Take Profit (%): Set the percentage gain at which the system should sell the target coin (e.g., 50%).

  • Stop Loss (%): (Optional) Set the level at which you want to cut your losses.

• Step 5: Start Review your settings and click the "Start Boomerang" button. The automation begins once you approve the wallet transaction.

2. Monitoring and Managing Trades

Your initiated trades are listed in the "Active Trades" panel.

• Live Status: You can monitor your Profit/Loss (PnL) in real-time.

• Manual Override: If you wish to end the trade without waiting for the automation, you can use the "Force Sell" or "Cancel" buttons.