> For the complete documentation index, see [llms.txt](https://hyperalpha.gitbook.io/hyperalpha-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hyperalpha.gitbook.io/hyperalpha-docs/guide/hyperalpha-long-short-l-s-copy-trading-guide.md).

# HyperAlpha Long/Short (L/S) Copy Trading Guide

🚨 Prerequisites: Before deploying any automated copy-trading campaigns, please ensure that your Hyperliquid account has been successfully funded, and your trade-only API Key has been imported and fully activated inside the HyperAlpha dashboard.

{% embed url="<https://youtube.com/shorts/zeOtx4N8KjU?feature=share>" %}

### Step 1: Navigate to the L/S Interface

1. Log in to the HyperAlpha App terminal. Click on \[L/S Copy Trading] in the main navigation routing array.
2. Note: The navigation bar is anchored at the top of the viewport on desktop terminals. For mobile Web3 browsers, tap the \[More] icon on the bottom navigation bar to expand the comprehensive menu.

<div><img src="/files/6a4FPWYq89dklZD4ywbL" alt="" height="447" width="206"> <img src="/files/1xsCTPQiC6e9QFL1yHRu" alt="" height="447" width="207"></div>

2. At the top of the interface, select the specific underlying asset/token you wish to execute your copy-trading campaigns against (e.g., BTC, ETH, SOL, or HYPE).

### Step 2: Select the Sentiment Matrix & Trigger Thresholds

Scroll down to access HyperAlpha’s two core institutional-grade data intelligence engines:

* Pro L/S Dashboard : Aggregates raw, real-time telemetry from elite, high-conviction trader wallets on the ledger. This dashboard is typically utilized for Forward Copying (e.g., mirroring their entries directly).
* Retail L/S Dashboard : Aggregates trading data from retail wallets. This dashboard serves as a reliable contrarian metric, typically utilized for Reverse Copying (e.g., counter-fading their entries programmatically).
* Trigger Threshold : Set a precise percentage threshold. The automated engine will only broadcast an order to the blockchain once the cumulative signal intensity/ratio of the chosen dashboard matches or outpaces this pre-configured variable. This filter effectively insulates your capital from meaningless, rangebound market noise.

<div><img src="/files/0ta0slPMQOpRNTIstDgl" alt="" height="412" width="191"> <img src="/files/csYa5nQxi9nVemIqdqs0" alt="" height="411" width="191"></div>

Strategic Execution: Based on your underlying thesis, select the corresponding L/S dashboard and definitively choose between deploying a Forward Copying or Reverse Copying campaign.

### Step 3: Deep Configuration of Strategy Parameters

#### 1. Capital Allocation & Leverage Bounds

* Linked Wallet : Select the verified, API-authorized clearing account from the dropdown menu to execute this specific campaign.
* Per-Trade Risk Ratio : Define your specific margin allocation per entry. The engine computes your actual trade size using the following algebraic formula:\
  Per-Trade Order =Contract Wallet Principal \* Risk Ratio Percentage
* Leverage Multiplier: Adjust your trading leverage via the vertical slider. Note: Margin limits vary per asset layer and align 100% with Hyperliquid’s native protocol rules.

<div><img src="/files/Uvu93rFACzRw2ifnPBk7" alt="" height="415" width="192"> <img src="/files/alIxFBKDGCnFbxVezvZf" alt="" height="414" width="191"></div>

#### 2. Algorithmic Indicators & Order Types

* Algorithmic Indicator Filters: Select the underlying execution logic best suited for the prevailing market regime:
* \[Trend Following]: Optimized for high-momentum, single-direction volatility breakouts.
* \[Oscillating Arbitrage]: Optimized for high-frequency grid-based capturing within horizontal ranges.

<img src="/files/kdAXncf6FcOEsLAvBiFj" alt="" height="405" width="187">

* Copy Mode : Delegate full automation to our \[AI Execution] daemon, or specify manual algorithmic order rules, choosing between \[Limit Order - Maker Mode] or \[Market Order - Taker Mode].
* Timeframe : Select the specific candle period for the strategy engine to scan. Supported intervals include \[15m / 30m / 1h].

#### 3. Advanced Trailing Protection (Dynamic Risk Matrix)

Layer multiple cascading risk protection filters onto your active open interest to insulate your portfolio from unhedged downside risk:

* Trailing TP/SL: Configure highly responsive breakout percentages and trailing drawdown boundaries to dynamically trail your profit expansion.
* Ratchet Mechanism :  Strongly Recommended. When enabled, your trailing stop-loss boundary is locked into an immutable, one-way upward trajectory as profits expand. If the market price experiences a sudden retracement, the stop line remains firmly anchored at its highest recorded extreme, rigidly locking in your accrued profits.
* Break-Even Protection : Once activated, the millisecond your position crosses into a pre-specified profit margin, the underlying engine automatically steps up your trailing stop line to your exact entry cost basis. This guarantees that the worst-case scenario for the transaction is a absolute zero-loss breakeven.

<img src="/files/o1bBpCmknsDyJPfg29Jw" alt="" height="421" width="194">

<br>

### Step 4: Launch & Real-Time Telemetry Tracking

* Once you have verified your parameter matrices, toggle the \[Auto-Copy ] master switch to ON and click \[Start Copying] to launch your algorithmic campaign live onto the book.

#### Continuous Telemetry Monitoring:

* Once active, you can monitor your active exposure positions, collateral allocations, and net profit curves in real time under the \[Monitor] dashboard terminal.
* As macro market conditions shift, you retain complete, unthrottled sovereign control to dynamically reconfigure your parameters or execute a one-click absolute deletion/termination of the entire copy campaign straight from the Monitor deck.

<img src="/files/yptVMHIEr131bOvFEJvK" alt="" height="464" width="214">

An opportunity missed does not constitute a loss. Trading derivatives involves extreme risk. Operate strictly within your verified risk tolerance boundaries.

🔗 Official Clearing Terminal: <https://app.hyperalpha.org/trade>


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