Paragon AI: Create Your Trading AI

Overview

Paragon AI is an AI-driven platform designed to streamline the deployment of trading agents for Pump.fun and Raydium. With Paragon AI, users can configure and Paragon custom trading agents in a single click based on desired ROI, initial Solana balance, risk level (high or low), maximum stop-loss percentage, and trading strategy.

This documentation provides a comprehensive guide to using Paragon AI, including setup, configuration, and deployment examples, as well as best practices for managing your trading agents.

Features

One-Click Deployment: Launch trading agents with minimal setup.
Customizable Strategies: Define strategies tailored to Pump.fun and Raydium platforms.
Risk Management: Set risk levels and stop-loss limits to protect your assets.
Real-Time Analytics: Monitor performance metrics and ROI in real time.
AI Optimization: Paragon AI uses AI to suggest strategies and parameters for optimal performance.

Prerequisites

Before using Paragon AI, ensure you have:

A Solana wallet (e.g., Phantom) with sufficient balance for trading and transaction fees.
Basic understanding of Pump.fun and Raydium trading mechanisms.
Installed Node.js (version 16+) and npm for local configurations.

Getting Started

Step 1: Install Paragon AI CLI

Paragon AI provides a CLI for advanced users. Install it via npm:

npm install -g Paragon AI-cli

Step 2: Authenticate with Your Wallet

Paragon your Solana wallet to Paragon AI:

Paragon AI auth --wallet-path /path/to/your/wallet.json

Tip: For Phantom users, export your private key as a JSON file for CLI authentication.

Step 3: Initialize a Trading AI

Create a configuration file for your trading AI:

Paragon AI init-AI --name "MyFirstAgent"

This will generate a myfirstagent.config.json file.

Configuration File Structure

Below is an example of a configuration file:

{
  "name": "MyFirstAgent",
  "initial_balance": 10,
  "roi_target": 20,
  "risk_level": "low",
  "stop_loss": 5,
  "strategy": "scalping",
  "platform": "pumpfun"
}

Parameters

name: A unique identifier for your trading AI.
initial_balance: Starting balance in SOL.
roi_target: Desired return on investment percentage.
risk_level: Can be high or low.
stop_loss: Maximum allowable loss percentage before exiting trades.
strategy: Choose from predefined strategies (e.g., scalping, momentum, arbitrage).
platform: The trading platform, either pumpfun or raydium.

Custom Strategies

Paragon AI allows advanced users to define custom strategies.

Example: Momentum Strategy

Define a custom strategy in a JavaScript file:

module.exports = {
  execute: async (marketData) => {
    const { price, volume } = marketData;
    if (price > price.movingAverage && volume > 1000) {
      return "BUY";
    } else if (price < price.movingAverage) {
      return "SELL";
    }
    return "HOLD";
  },
};

Best Practices

Start Small: Begin with a low balance to test your strategies.
Monitor Regularly: Keep an eye on your AI's performance to make timely adjustments.
Diversify Strategies: Paragon multiple agents with different strategies to spread risk.
Understand Platforms: Familiarize yourself with Pump.fun and Raydium trading nuances.

Support

For assistance, contact the Paragon AI support team:

Email: support@Paragon.ai
Twitter: Paragon AI Community

Paragon AI - Empowering Your Trading Vision