Use indicators to recognize market trends, and configure different trading strategies per market trend so you can switch between strategies as needed. When you set up a Market-Maker, you need funds in your quote currency and in the currency for which you want to make the market. Your Market-Maker will place orders “around” the spread, depending on your configuration. Whenever a new position is created/merged after your DCA order, your position needs to go down with the configured DCA percentage again before it triggers again. It may happen that your DCA successfully finishes its action later than configured, due to a limit order that isn’t filled.

“Shorting percentage profit” is the profit percentage needed before a short position will be closed, meaning that you will buy back the same amount of the currencies for 5% less. Next to the “Shorting percentage profit”, you can also use “Trailing stop-short”. Trailing stop-short will trail the profit percentage downwards. When the short positions have reached the “Arm trailing stop-short at” percentage, it will close the positions when it has gone up more than 1.5% since its lowest point. Your bot will work to increase the amount of this currency.

This could ensure that you only buy when there is positive momentum. Enter the alert message, generated from the alert generator, in the configured alert at TradingView and save the alert. If all goes according to plan, your API key should now be filled in into your hopper. And remember, these indicators won’t always sync up, so we’ve designed the strategy to keep the Williams %R signal active for 5 candles.

• The TokenTact platform offers 16 free trading bots that can accommodate the needs of all types of traders.
• We have set the EMA short period to 10 and the long one to 20.
• If this amount is less than the maximum amount allocated, your bot will use smaller buy amounts for new positions.
• If “Percentage buy amount” is not used or left blank, your bot will use this value.

Let’s take a look at a few of our favorite educational tools and resources available through https://jdforexbroker.com/2024/01/tokentact/. Thinking about using TokenTact but don’t know if it’s worth it? Our TokenTact review will educate you on its features, so you can find out whether or not TokenTact is right for you.

It is important to note that this robot is only available in countries where it has a regulated broker. InsideBitcoins investigations reveal that TokenTact algorithms are highly powerful. Click here to open an account now or keep reading for more information.

As mentioned earlier, TokenTact offers both full auto and semi-auto trading. Full automation involves the robot doing all investment research and trading. On the other hand, partially automated trading consists of the app gathering tradable insights and recommending them to the user for execution. Easily synchronize them on your TokenTact Dashboard to show them as open positions.

TokenTact trading bots are built-in tools that use the exchange to trade without connecting to any third-party exchange. This serves as the central command center for your trading bot. TokenTact is an all-inclusive trading terminal that aims to make investing in the cryptocurrency market easier and more intuitive. Investors can automate their investing processes, copy professional traders, set signals and alerts through their mobile app and more directly through TokenTact. This allows investors to stay on top of the market no matter which coins they trade, which exchanges they use and where they travel. It is one of the best regarded crypto trading platforms available today.

Orders can be canceled when they’re not filled or are open longer than configured. The most recent award we have had the honor of receiving is getting #1 in the trading software. The developer, TokenTact, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy. Moreover, in an eBay-style rating system, you can view the feedback posted by prior users of the strategy.

With a comprehensive trading terminal and an intuitive layout, even complete beginners can quickly get started investing through TokenTact. Many investors use multiple exchanges, as not all altcoins are listed on one exchange. TokenTact fixes this problem by aggregating different platforms into its system to optimize your trading experience. The following crypto exchanges are officially supported by TokenTact.