Create Your Agent

This comprehensive guide will walk you through creating your first AI trading agent in MagiaTrade. In just a few minutes, you'll have an intelligent assistant analyzing markets and sending you trading insights.

Video Tutorial

For a visual walkthrough, watch our step-by-step video guide:

🎥 Watch: How to Create Your First MagiaTrade Agent

Step-by-Step Agent Creation

1. Access the Dashboard

Log into your MagiaTrade console at console.magiatrade.com

Once logged in, you'll see your main dashboard with key metrics:

• Active agents count
• Total agents created
• Available credits
• Recent activity

2. Navigate to My Agents

Click on "My Agents" in the sidebar menu. This is your command center for managing all AI agents.

3. Start Creating a New Agent

Click the "New Agent" button to open the agent creation form.

4. Configure Basic Settings

Agent Name

Give your agent a descriptive name that reflects its purpose:

• ✅ Good: "ETH Scalper 15m", "BTC Daily Trend", "Gold Breakout Hunter"
• ❌ Avoid: "Agent1", "Test", "MyAgent"

Snapshot Timeframe

Select the chart timeframe your agent will analyze:

5. Select Exchange and Trading Pair

Choose Exchange

Select from supported exchanges:

Popular Exchanges:
• BINANCE - Cryptocurrency (Spot & Futures)
• NASDAQ - US Stocks
• NYSE - US Stocks  
• CME - Commodities
• BMF BOVESPA - Brazilian Market

Select Symbol/Pair

After selecting an exchange, choose your trading pair:

• Crypto: BTCUSDT, ETHUSDT, BNBUSDT
• Stocks: AAPL, GOOGL, TSLA
• Commodities: GC (Gold), CL (Crude Oil)

6. Configure Intelligence Settings

News Analysis

Toggle this option to enable real-time news sentiment analysis:

☑️ Enable News Analysis

When enabled, your agent will:

• Monitor market-moving news
• Analyze sentiment impact
• Factor news into trading decisions

Technical Parameters

Enable technical analysis and add indicators:

☑️ Enable Technical Analysis

Click "Add Indicator" to select from available options.

7. Add Technical Indicators

Configure the indicators your agent will use:

Bollinger Bands

• Period: 20 (default)
• Standard Deviation: 2
• Use case: Volatility and reversal detection

Volume

• Period: 14
• Use case: Confirm price movements

RSI (Relative Strength Index)

• Period: 14
• Overbought: 70
• Oversold: 30

MACD

• Fast Period: 12
• Slow Period: 26
• Signal Period: 9

8. Customize AI Behavior with Prompts

Enable custom prompts to fine-tune your agent's strategy:

☑️ Enable Custom Prompt

Click "Add Prompt" and enter your strategy instructions:

Example Prompts:

"Look for reversal opportunities when price touches 
Bollinger Bands, but only consider entry if volume 
confirms the move"

"Identify breakout patterns above resistance levels 
with increasing volume. Set stop loss at 2%"

"Focus on oversold conditions (RSI < 30) in an 
uptrend for long entries"

9. Configure Scheduler

Set when and how often your agent runs:

Select Trigger Frequency

Choose how often the agent analyzes the market:

• Every 15 minutes
• Every 30 minutes
• Every 1 hour
• Every 4 hours
• Once daily
• Once weekly

Set Timezone

Select your local timezone to ensure alerts arrive at the right time.

Define Operating Hours

For minute-based triggers, set active hours:

• Start Time: 08:00 (8 AM)
• End Time: 18:00 (6 PM)

This prevents notifications during sleeping hours.

10. Review and Create

Double-check your configuration:

• ✓ Agent name is descriptive
• ✓ Correct exchange and symbol selected
• ✓ Indicators properly configured
• ✓ Schedule matches your availability
• ✓ Telegram is connected (for notifications)

Click "Create Agent" to finalize.

Understanding Agent Status

After creation, your agent will appear in the agents list with one of these statuses:

Activating Your Agent

To activate your agent:

1. Find your agent in the "My Agents" list
2. Click the "Start" button (play icon)
3. Confirm activation when prompted
4. Agent status changes to "Running"

Managing Your Agent

Edit Agent Settings

Click the pencil icon to modify:

• Trading parameters
• Indicators
• Schedule
• Custom prompts

Stop/Pause Agent

Click the stop button to temporarily halt analysis. This preserves your configuration for later use.

Delete Agent

Remove agents you no longer need to keep your dashboard organized.

View Agent History

Click on the agent name to see:

• Past analyses
• Performance metrics
• Generated signals

Best Practices for Agent Configuration

1. Start Simple

Begin with one or two indicators and a clear strategy. You can always add complexity later.

2. Match Timeframe to Strategy

• Scalping: Use 15-minute or 30-minute timeframes
• Day Trading: Use 1-hour or 4-hour timeframes
• Swing Trading: Use daily timeframes

3. Use Complementary Indicators

Combine indicators that confirm each other:

• Trend indicator (Moving Average) + Momentum indicator (RSI)
• Volatility indicator (Bollinger Bands) + Volume indicator

4. Write Clear Prompts

Be specific in your custom prompts:

• ✅ "Only signal buys when RSI is below 30 and price is above 200-day MA"
• ❌ "Find good trades"

5. Test Before Committing

Run your agent in observation mode first. Review its analyses before taking real trades.

Common Configuration Examples

Conservative Swing Trader

Name: "ETH Daily Swing Trader"
Exchange: Binance
Symbol: ETHUSDT
Timeframe: 1 Day
Indicators:
  - Bollinger Bands (20, 2)
  - RSI (14)
  - Volume (20)
Prompt: "Signal entries when RSI < 40 and price near lower Bollinger Band with increasing volume"
Schedule: Daily at 09:00

Aggressive Scalper

Name: "BTC 15m Scalper"
Exchange: Binance
Symbol: BTCUSDT
Timeframe: 15 minutes
Indicators:
  - EMA (9)
  - EMA (21)
  - MACD (12, 26, 9)
Prompt: "Look for EMA crossovers confirmed by MACD momentum"
Schedule: Every 15 minutes, 08:00-22:00

News-Driven Trader

Name: "AAPL News Trader"
Exchange: NASDAQ
Symbol: AAPL
Timeframe: 1 Hour
News Analysis: Enabled
Indicators:
  - Volume (14)
  - ATR (14)
Prompt: "Alert on high-impact news with volume spike above 2x average"
Schedule: Every hour during market hours

Troubleshooting Common Issues

Agent Won't Start

• Check credit balance (agents require credits to run)
• Verify Telegram is connected
• Ensure all required fields are filled

No Notifications Received

• Confirm Telegram integration is active
• Check agent schedule and timezone
• Verify agent is in "Running" status

Incorrect Analysis Times

• Double-check timezone setting
• Verify market hours for your selected exchange
• Consider daylight saving time changes

What's Next?

Now that your agent is created and running, you'll want to:

1. Connect Telegram - Ensure you receive notifications
2. Understand Analysis Results - Learn to interpret agent insights
3. Optimize Your Strategy - Fine-tune for better results

Need Help?

• 📧 Email: [email protected]