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Solana Memecoins Template

Ready settings for a memecoin strategy on Solana that copies Discord or Telegram calls, including priority fee, routing and swap settings, and how Solana differs from Robinhood Chain.

Who it is for

This template is for traders who copy memecoin calls on Solana from a Discord or Telegram room. The call names a coin address, and the strategy swaps SOL for that coin from your own wallet. For coins on Robinhood Chain, use the Robinhood Chain Memecoins template.

Settings

Start from Start from scratch, then set these values. The Strategy Editor explains each setting. The settings that both chains share, and how memecoin exits and protections work, are on the Memecoins page.

TabSettingValueWhy
GeneralSourceDiscord or TelegramMemecoin strategies take these two sources.
GeneralInstrumentMemecoinsThis locks Direction, Ticker and Entry.
GeneralInherit trade details from messageOnThe strategy reads the coin address from each call.
BrokersBrokerSolanaThe size is then in SOL.
SizingDefault quantity0.05 SOLA small buy while you test.
SizingSlippage tolerance5%The app default. The swap fails when the price moves more than this.
SizingDynamic slippageOnJupiter tunes slippage for each coin, up to your number.
SizingPriority fee0.001 SOLA fee under 0.0005 SOL is an error, and a 0 fee never lands.
SizingRouting methodAutoThe app picks Jupiter or Raydium at swap time.
SizingDip-buy modeOffThe strategy buys when the call arrives.
SizingRetry on RPC timeoutOn, Retry timeout 10 secThe swap goes out again when the RPC is slow.
ExitsStop loss40%The position sells when the coin falls 40% below your entry.
ExitsTrailing stopOn, 20%The position sells when the coin drops 20% from its peak.
ExitsStart trailing at100%Trailing starts when the trade doubles.
ExitsSellAt one targetOne target closes the position.
ExitsTake profit atEmptyThe trailing stop closes the position instead.
ExitsSecure initial investmentOn, 100%At 2x the strategy sells enough to take your cost back.
AIAI sellingOnWith it off, sell calls in the channel are ignored.
AITrim sellingOnA trim call sells part of the position.
AIMemoryNormalThe AI remembers the coin the caller bought.
ProtectionsDuplicate protectionOnA repeat of a recent call does not buy twice.
ProtectionsDouble-down protectionOnThe strategy does not keep buying a coin it holds.
ProtectionsAuto position cleanupOffWith it on, the app closes your least healthy coins for you.
NotificationsSend to DiscordOnBuys, sells and errors show in your Discord channel.

Solana compared with Robinhood Chain

SolanaRobinhood Chain
SizeSOLETH per wallet
Priority feeRequiredNot shown
Routing methodAuto, Jupiter or RaydiumNot shown
Dynamic slippage, Dip-buy mode, Retry on RPC timeoutYesNot shown
Auto position cleanupYesNot shown
Move stop to entryNot shownYes
Start trailing at emptyThe buy is refused when the trailing stop is onTrailing starts at once
Paired coinsNot shownYes

Things the editor does for you:

  • Priority fee. The editor fills in 0.001 SOL when the field is empty. It shows an error under 0.0005 SOL.
  • Slippage tolerance. The editor fills in 5% when the field is empty.
  • Changing the chain. When you move the strategy to Robinhood Chain or back, the editor clears the size. Set it again in the new coin.
Heads up

On Solana, set Start trailing at whenever the Trailing stop is on. With it empty, the Solana broker refuses the buy.

Test it

Buy and sell a tiny amount by hand in the Solana section of Manual Trade. Then follow Test before you go live.