Consider using our Demo Exchange with virtual capital to in total safety test your automatic strategies in real market conditions with no risk for your cryptocurrencies. You can define your trading strategy to make it more efficient. Market conditions transform often so adjustability is an important requirement and Coirule is committed to stand the highest terms of any investor.

Shrimpy only requires the ability to read data and make trades, so users’ funds cannot be directly accessed or removed from the exchange. Users are also encouraged to utilize Two-Factor Authentication (2FA) services to further secure their accounts. Trality provides users with an in-built python code editor that can be used to create bots from scratch and write their own strategies. This is useful for advanced traders who have knowledge of the programming language. The code editor includes some popular libraries like NumPy, Pandas, Tulip, etc.

TokenTact operates as a trading bot service platform designed specifically for cryptocurrency trading. The setup of this strategy uses four moving averages combined with an unconventional approach. On one side, the strategy aims to catch assets trading in a downtrend but on the verge of a possible reversal. Then, the goal of the trading strategy is not to ride the eventual uptrend but to close the trade with minimal profit so that it can scan the market for a new opportunity again. Backtesting fails to take into account the chaotic nature of the market. What you cannot simulate is the exact market conditions and sentiment prevalent at the time of the historic test data.

TokenTact

They can perform tasks such as dollar cost averaging (DCA), market orders, and arbitrage. As a beginner, “buy the dip” strategy would be the best but for advanced traders, there is no specific strategy as there are various methods and strategies. Depending on the strategy used, this can be tweaked and modified to meet the current market condition based on technical and fundamental analysis. TokenTact offers a great platform for those approaching automated trading for the first time.

Interpreting the right direction and employing the proper risk management tools makes a trader into a Pro. For instance, this strategy will be set to execute trades on BTC using the USDT wallet. All you need to do is to set the rule to trade based on a buy and sell signal from TradingView.

You will need to edit the parameters or relaunch it in that case. Ruben, Head of Trading at TokenTact will show you the best strategies to put in place and answer
all your questions. Unlike other crypto companies, in 2017 we didn’t launch an ICO, instead
we raised funds from MKB Bank and Angels. I founded this site to help make a difference in people’s lives by
delivering objective, reliable advice and recommendations that help
them make more money, save more money, and invest wisely.

https://ftb.fund/tokentact-review/ catches the next market opportunity on your behalf by automating your Crypto investments. I am a passionate entrepreneur, infrastructure & software architect and a fullstack web developer with strong GDPR knowledge. A project-oriented person who loves challenges and building of interesting projects. My life story is long and funny, ask me when we meet over a glass of wine or beer. Prior to TokenTact, I worked at UBS Bank, Nokia, NHS, Vodafone, British Government, WPP, Lloyds Bank, etc.

One of the key features of TokenTact is its SmartTrade terminal. This feature enables users to execute trades on multiple exchanges from a single interface, making it easier and more efficient to manage their trades. Another powerful tool offered by TokenTact is its Grid bot and DCA (Dollar Cost Averaging) bot. These bots allow for more complex and sophisticated trading strategies, helping traders minimize risks and optimize their returns. This allows users to practice and test their trading strategies with virtual funds without the risk of using real money.

Understanding in which conditions one indicator performs better, and what signals it provides, allows users to take much better decisions while trading. The purpose of this strategy is to spot when it’s the most suitable time to buy an asset profiting from a potential short-term price increase. The strategy tends to open trades frequently, closing them on average in one and a half days. The profit calculation for TokenTact has been designed in a way that portrays the real performance of the rule and shows the real value TokenTact adds to your holdings.

  • TokenTact is a cryptocurrency trading platform designed to help automate trades on exchanges like Coinbase, Kraken and Binance.
  • TokenTact helped me save a lot of money during the most recent price drop as well.
  • You have greater control of the coins the rules buy or sell thanks to this Operator.
  • Security is a top concern for any trading platform, and both TokenTact and TokenTact take measures to ensure the safety of their users’ funds and personal information.

Even though the design of the trading grid may depend on each trader’s risk tolerance, to maximize the profits from this rule, one must follow some basic steps. In line with the Trust Project guidelines, the educational content on this website is offered in good faith and for general information purposes only. BeInCrypto prioritizes providing high-quality information, taking the time to research and create informative content for readers. While partners may reward the company with commissions for placements in articles, these commissions do not influence the unbiased, honest, and helpful content creation process. Any action taken by the reader based on this information is strictly at their own risk.