How to install Profit Trailer

Table of Contents hide

1. Introduction

2. Installing the prerequisite software first

3. Installing Profit Trailer on Linux/Raspberry Pi

4. How to install a second Profit Trailer bot

5. How to install a third Profit Trailer bot

6. How to install a fourth Profit Trailer bot

7. PM2 Commands

8. How to update your Profit Trailer bot

9. How to automate your install, setup and update your Profit Trailer

Introduction

Profit Trailer is a great program that you can setup to do your trading for you, or assist with trading. So you can do the buys, and it can do the sells, or other way around.

It’s a very powerful program. It will do what you ask it to do. The trick is getting it to do that. I find people fail with bots because of the strategy they are trying to use and how they configure or translate the strategy into the code for the bot to use. There are many people who have success with bots, and Profit Trailer.

Profit Trailer can be installed a few ways. On your desktop computer, on a Windows VPS, Raspberry Pi, or my preferred method, a Linux VPS. The reason why I suggest a Linux VPS..

Faster than Windows VPS
Needs less resources than Windows VPS
Much cheaper than Windows VPS
Can access via web browser on Linux
Always on
Linux is much more stable and reliable than Windows

The only con for users to using Linux, as its command base. But I will show you the commands to enter to install and use ProfitTrailer on Linux.You need a Linux VPS or a Raspberry Pi.

If you don’t have a Linux VPS, you can order one from here. This is who I use for my VPS. They have been very reliable for me since 2019. Once you are logged into your VPS/Pi you can run the following commands. You can type then out or copying and past them.

Installing the prerequisite software first

The first step is prepping the server for the needed software to run Profit Trailer.

You will need to log into your server. You can user Putty, or Bitvise. I suggest Bitvise.

sudo apt update && sudo apt upgrade -y
sudo apt install zip nodejs npm  -y
sudo npm install pm2@latest -g
sudo apt install default-jre -y

Installing Profit Trailer on Linux/Raspberry Pi

Once the required software is installed, you can now download Profit Trailer.

cd /var/opt
sudo wget https://download.profittrailer.com/ProfitTrailer.zip
sudo unzip ProfitTrailer.zip
sudo mv ProfitTrailer-* /var/opt/ProfitTrailer
sudo cp -R ProfitTrailer /var/opt/bot1
cd bot1
sudo sed -i 's/profit-trailer/bot1/g' pm2-ProfitTrailer.json
sudo chmod +x ProfitTrailer.jar
sudo pm2 start pm2-ProfitTrailer.json
sudo pm2 save
sudo pm2 startup

Once this is done, ProfitTrailer will load up. Give it about a minute. Then go to your website browser and enter http://ip-address:8081 press enter

You will get prompted to enter in Profit Trailer License and API keys for the exchange you will be trading on. You will then need to pick the config file to use. Just select the Spot V1 file for now. You now have Profit Trailer installed and ready to go.

How to install a second Profit Trailer bot

cd /var/opt
sudo cp -R ProfitTrailer /var/opt/bot2
cd bot2
sudo sed -i 's/profit-trailer/bot2/g' pm2-ProfitTrailer.json
sudo chmod +x ProfitTrailer.jar
sudo pm2 start pm2-ProfitTrailer.json
sudo pm2 save
sudo pm2 startup

How to install a third Profit Trailer bot

cd /var/opt
sudo cp -R ProfitTrailer /var/opt/bot3
cd bot3
sudo sed -i 's/profit-trailer/bot3/g' pm2-ProfitTrailer.json
sudo chmod +x ProfitTrailer.jar
sudo pm2 start pm2-ProfitTrailer.json
sudo pm2 save
sudo pm2 startup

How to install a fourth Profit Trailer bot

cd /var/opt
sudo cp -R ProfitTrailer /var/opt/bot4
cd bot4
sudo sed -i 's/profit-trailer/bot4/g' pm2-ProfitTrailer.json
sudo chmod +x ProfitTrailer.jar
sudo pm2 start pm2-ProfitTrailer.json
sudo pm2 save
sudo pm2 startup

When you install a second bot, you will access it using ttp://ip-address:8082. The 3rd bot will be on ttp://ip-address:8083, and forth bot on ttp://ip-address:8084 etc.

PM2 Commands

If you need stop and start your bots you can use the pm2 comands. You can replace bot1 with bot2, bot3 bot4 etc

sudo pm2 list
sudo pm2 stop bot1
sudo pm2 start bot1
sudo pm2 stop all
sudo pm2 start all
sudo pm2 log bot1

How to update your Profit Trailer bot

When an update comes out, it’s good to update the software for the latest features or security enhancements. PT comes with an update script, but I have not gotten it to work. The last time I tried was a long time ago. So I made my own. If you followed my steps above to install it, then these steps below will work for you.

Before you update, you need to download the latest update first. You can use the command below first.

cd /var/opt
sudo rm -r ProfitTrailer
sudo rm ProfitTrailer.old
sudo mv ProfitTrailer.zip ProfitTrailer.old
sudo wget https://download.profittrailer.com/ProfitTrailer.zip
sudo unzip ProfitTrailer.zip
sudo mv ProfitTrailer-* /var/opt/ProfitTrailer

Update bot1

cd  /var/opt
sudo pm2 stop bot1
sudo rm /var/opt/bot1/ProfitTrailer.old
sudo mv /var/opt/bot1/ProfitTrailer.jar /var/opt/bot1/ProfitTrailer.old
sudo cp /var/opt/ProfitTrailer/ProfitTrailer.jar /var/opt/bot1
sudo chmod +x /var/opt/bot1/ProfitTrailer.jar 
sudo pm2 start bot1

Update bot2

cd  /var/opt
sudo pm2 stop bot2
sudo rm /var/opt/bot2/ProfitTrailer.old
sudo mv /var/opt/bot2/ProfitTrailer.jar /var/opt/bot2/ProfitTrailer.old
sudo cp /var/opt/ProfitTrailer/ProfitTrailer.jar /var/opt/bot2
sudo chmod +x /var/opt/bot2/ProfitTrailer.jar 
sudo pm2 start bot2

Update bot3

cd  /var/opt
sudo pm2 stop bot3
sudo rm /var/opt/bot3/ProfitTrailer.old
sudo mv /var/opt/bot3/ProfitTrailer.jar /var/opt/bot3/ProfitTrailer.old
sudo cp /var/opt/ProfitTrailer/ProfitTrailer.jar /var/opt/bot3
sudo chmod +x /var/opt/bot3/ProfitTrailer.jar 
sudo pm2 start bot3

Update bot4

cd  /var/opt
sudo pm2 stop bot4
sudo rm /var/opt/bot4/ProfitTrailer.old
sudo mv /var/opt/bot4/ProfitTrailer.jar /var/opt/bot4/ProfitTrailer.old
sudo cp /var/opt/ProfitTrailer/ProfitTrailer.jar /var/opt/bot4
sudo chmod +x /var/opt/bot4/ProfitTrailer.jar 
sudo pm2 start bot4

How to automate your install, setup and update your Profit Trailer

If all that above seems too much, but you still want to use Linux or your Raspberry Pi, here is a simple one line command you can run to do it all to get your first bot up and running. The script is the same commands above.

cd /var/opt
sudo wget https://andreas.ca/scripts/ptautoinstall  && sudo sh ptautoinstall

To install 2nd bot run command

cd /var/opt
sudo sh ptbotinstall2

To install 3rd bot run command

cd /var/opt
sudo sh ptbotinstall3

To install 4th bot run command

cd /var/opt
sudo sh ptbotinstall4

To update your bots run command

cd /var/opt
sudo sh ptbotupdate1

To update your 2nd bot run command

cd /var/opt
sudo sh ptbotupdate2

To update your 3rd bot run command

cd /var/opt
sudo sh ptbotupdate3

To update your 4th bot run command

cd /var/opt
sudo sh ptbotupdate4