News

When your bot is disabled, no information will be received from the exchange or will be sent to your exchange. Meaning your bot is not working, because no information can be retrieved from your exchange. If you have a subscription, make sure it’s attached to the right bot. For more information on how to assign a subscription, click here. Instead of selling with a stop-loss, you can buy extra with DCA. This lowers overall loss, since your average buy price will go down.

First of all, it is essential to know the current average rate, which can be found by clicking on “info” and then on “DCA”. Some use DCA as the “Martingale technique”, which you use when a position is in a deep loss. You do need deep pockets for this technique, as you will need to keep doubling down on your investment. Switch the toggle so the profit percentage will be reset to 0% after the short is closed and the position is bought back.

Typically, scalpers utilize the 5-minute or 1-minute timeframes to pinpoint their entry and exit points. Scalping is one of the most profitable forms of trading. When your bot is disabled, it’s not scanning the market.

• We’ve covered everything that we think you should know, such as how the bot works, what it can do, pricing, and more.
• When you don’t have enough funds for the minimum buy amount, the Troubleshooter will let you know.
• If selling is Disabled the hopper won’t sell any positions unless manually ordered to do so, it will still buy automatically.
• Enable and fill in the API keys for any exchange that you would like your trading bot to trade on (at least 2).

Therefore, you’ll have no issues finding liquidity for your desired trading strategies. Irrespective of your chosen strategy, it is important that you have an understanding of how the bot actually implements your desired trades. First and foremost, there is no requirement to upload any funds to the TokenTact platform, as the bot will simply execute trades from your external trading account. For example, if you’re looking to use the bot on Binance, then you’ll need to fund your Binance account in exactly the same as you normally would. Are you looking to start trading the multi-billion dollar cryptocurrency arena, but have little to no experience?

Not only this, but imagine attempting to implement a similar strategy across multiple coins? If you like the sound of using TokenTact to facilitate your automated trading needs, we’ve listed some of the main features of the bot below. How to assign subscriptions, create a bot, show all your bots, and set up bot templates and triggers. TokenTact is an AI-driven bot that makes crypto trading accessible, fun, and worthwhile for everyone. Review the settings, turn it on or off, and enable buying and selling.

Click trade to enjoy precise and accurate hands-free trading powered by our award-winning algorithm. You can also set https://wolfstreetnft.com/tokentact-crypto-bot/ the trading to manual if you prefer to trade on your own. Like any business, you need working capital to get started.

Learn how to begin your automated trading journey, with options ranging from easy to advanced. We’ll cover semi-automatic, copy, and fully automatic trading methods. Arbitrage among different exchanges, the revolutionary new bot that TokenTact has recently launched. Make informed decisions on who to copy based on the exchange the trader uses, the currencies they are trading, their trading results and reviews. With every subscription you buy, you can build one “real” Hopper and one simulator. While your real Hopper runs, you can test new strategies on your simulator.

Choose your preferred risk level and let us set up a bot for you. Later you can adjust settings such as take-profit, trailing features, and indicators to personalize your bot. InsidBitcoins research reveals that TokenTact trading technologies are the latest in the industry. For instance, this platform uses AI, Machine Learning, and Natural Language Processing to trade news. It also has the potential to analyze thousands of charts within a microsecond and execute trades. This, according to TokenTact, is what makes their app highly profitable.

If you use the EMA to load the bullish template, stick with EMA for the bearish one (this rule applies to other indicators like MACD, RSI, Stochastics, etc.). One such indicator is the Exponential Moving Average (EMA) trigger. This EMA-based trigger helps you trade when the trend is in your favor. You can set it up by looking at the cross between a fast 10 EMA and a slow 20 EMA to determine when to buy or not. This tutorial explains the different settings in the Market Arbitrage bot.

They receive a lot of different cryptocurrencies, and have to exchange them themselves. With every paid subscription, you can create one Paper Trading bot. This makes it ideal for testing out strategies on your Paper Trading bot so that you can use successful strategies on your live bot. Click here to find out more about the Signal config settings. Fill in the percentage that the price should rise before your Trailing Stop-Buy is triggered.