Position Mirroring for Cryptocurrency Futures Accounts
Summary
This document describes a futures copy-trading bot that monitors a reference account’s long and short position amounts, then applies the changes to one or more follower accounts. It checks that the exchanges are futures venues of the same type, sets a shared trading pair and contract, and configures price and order-quantity precision. When a reference position grows, the bot opens a corresponding follower position; when it shrinks, it closes up to the follower’s current amount. A status table reports positions and account balances.
The published backtest settings list three identical OKCoin BTC/USD futures exchanges over a short March–April 2021 period, but the document reports no performance results. Its test routine generates random reference-account trades only during virtual backtests; this is a mechanism test, not evidence of a profitable strategy. The material does not describe sizing followers as a proportion of account equity, handling failed or delayed orders, or reconciling mismatched follower positions beyond capping closes at the available amount. Copy execution can therefore diverge from the reference when fills, balances, or account states differ.
Key ideas
- The bot copies changes in long and short position amounts from a reference futures account to follower accounts.
- It requires multiple exchanges of the same futures venue type and configures a common contract and trading pair.
- Follower orders open or close positions according to the reference account’s change in position size.
- A randomized reference-trade routine is used for virtual backtests, not as a trading signal.
- The published settings provide no performance results or proportional account-sizing method.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.