September 5, 2023 By Iqrar Ahmed 0

Signals : TokenTact

If you think that you need even more flexibility with your TokenTact trading bot, then the premium plan comes at a price tag of $99 per month. The Hero Hopper package will permit 500 open positions, and allow you to trade the maximum allocation of 75 coins. As you’ll see from the above list, the eight supported exchanges represent the vast majority of cryptocurrency trading volumes.

Firstly, the Explorer Account allows you to have upto 80 trading positions open at any given time, which is likely to be sufficient for the vast majority of us. The cheapest plan also limits you to the trading of 15 selected coins, with a maximum of two triggers. Furthermore, the  Explorer Hopper plan facilitates cryptocurrency trades at 10 minute intervals. Nevertheless, the https://allcointracker.com/trading-bots/tokentact-review-a-deep-dive-into-trading-bot-dynamics/ bot is currently compatible with eight leading cryptocurrency exchanges. This includes the likes of Binance, Coinbase Pro, Bittrex, Bitfinex, and KuCoin.

TokenTact

In the same way, when the APO crosses below the zero line, the bearish pressures are dominating the price and it generates a sell signal. Taxes will be levied on the profits earned on crypto assets. To calculate the profits, subtract the cost basis from the proceeds.

Give yourself an edge, and while everyone else sleeps, you’ll never miss a beat. CaptainAltcoin.com does not offer any sort of financial or investment advice. Please make sure to do your own research, make educated financial decisions and consult your Financial Advisor. The app interface is straightforward and intuitive, and it has good documentation that explains every feature in detail. TokenTact can be installed on Android and iOS or accessed via a web-based interface.

When it comes to trading Bitcoin and other cryptocurrencies with Crypto Hopper, the benefits are endless. To start, as we have said, the Crypto Hopper software is free of charge. There are no fees or hidden costs, plus all the money you make while trading, is yours to keep. The next benefit of Crypto Hopper is that it is easy to use. That is, even if you have never traded online before or if you do not have any knowledge of the financial markets, you can trade Bitcoin profitably with Crypto Hopper.

You can also trade in paper trading mode to test the bot and its profitability. This value is a percentage of your total assets, or the “Maximum amount allocated” field, if configured. When this value falls below your exchange’s “Minimum amount per order,” that value will be used instead. If “Percentage buy amount” is not used or left blank, your bot will use this value.

  • With the TradingView app you can send buy and sell commands directly from your TradingView charts.
  • Keep in mind that you are increasing the amount of holdings in this currency.
  • This can be an ideal Strategy to prevent losses while making a profit sooner when you’ve repurchased.
  • A crypto trader will be able to trade simultaneously with exchange and market arbitrage, trading in any crypto exchange that he/she would like.
  • After six easy steps, your arbitrage bots will be ready to pocket any single market inefficiency that will show up in the cryptocurrency market.
  • Some users may not feel comfortable with having a bot decide when to buy positions, and that’s where semi-automatic trading comes in.

After six easy steps, your arbitrage bots will be ready to pocket any single market inefficiency that will show up in the cryptocurrency market. Once the exchange has been selected and saved, you need to select all the markets that your arbitrage bot will trade in. To explain arbitrage and what an arbitrage bot is able to do, it is necessary to explain market inefficiencies first. Market inefficiencies are price differences for a specific asset between different marketplaces.

However, in order to give your automated bot the required authority to make trades on your behalf, you still to link your external exchange API with your TokenTact account. The process of doing this will vary from exchange-to-exchange, although in most cases, you’ll find the API details within your account settings portal. While many of these pre-programmed trading strategies can be obtained for free, some come at a price. Nevertheless, the trading bots available in the marketplace come with both their advantages and disadvantages. On the contrary, by programming your TokenTact trading bot to execute your strategy on your behalf, there is no requirement for you to spend any time monitoring the markets.

I fell in love with the AI concept at the end of March last year and learned a lot thanks to the platform and all its capabilities. Fill in the number of minutes your bot is in the cooldown period for a currency. Switch the toggle so your bot will only buy currencies if there has been a positive change % in the last X hours/minutes. When there’re no positive pairs your bot will not buy with your strategy.

When the price goes up again by 1,5% your bot will open a position. Switch the toggle so the actual profit calculation is used for percentage profit calculation and for the trailing stop-short. This means that your Short will calculate the Percentage Profit compared to the buying price, instead of how much you’ve saved by Shorting.