Another advantage of trading on is that you can track all trades on the Dashboard. In the bot output, you can see precisely what the possible issues are during the buying and selling of the received signals. If there is a mismatch between the positions you hold and the seller, the portfolio sync function can correct this. Like the SMA, traders typically use this indicator to spot trends and trend reversals. It is mainly done by crossovers between a fast and a slow moving average.

DCA and Shorting cannot be used together and can be used for Manual Buy, Strategy, and Signalers. For a more in-depth overview of TokenTact’s trading bot subscriptions, please click here. Reach out to support and let us assist in which subscription you need. In the next few weeks we will be diving deeper into technical analysis, new trends in crypto and many other new changes in the crypto space. When to buy or sell an asset- that really is the billion dollar question. Most traders apply technical analysis to buy the coins that are increasing in price.

TokenTact has been engineered to provide the general cryptocurrency community with a viable solution that helps traders to generate profits on a more consistent basis. The mix of technical indicators and third party trading experts or signallers provides traders with increased options as do the template and backtesting features. There are both free and paid subscriptions available and bots can be configured to follow signallers in just a few clicks.

Your bot will allow 4 open positions per coin type of the 100 total open positions. We’ll tell you everything about TokenTact and how to get started with automated trading. By investing over time, you will average your buying price and will notice less from market movements, as long as the price will go up over time. This makes DCA very suitable for risk averse beginner traders. Send alerts to your generated webhook url and start buying and selling with your signals/alerts from TradingView.

The team have put considerable effort into developing a platform that is beginner friendly and new users are also able to access an extensive education and community led resource sections. Arbitrage is a trade that profits by exploiting the price differences of exchanges or market inefficiencies. Arbitrage exists as a result of market inefficiencies and would not exist if all markets were perfectly efficient. For a detailed explanation of how to set it up, click here.. While cryptocurrency trading is an innovation in finance, automatic trading is an innovation in cryptocurrency trading. It is therefore, in many ways at the forefront of financial innovation.

This is great for beginners as it essentially allows you to “plug & play” your chosen strategy created by more experience traders and test it out on your account. The price will be tracked down before it will create a regular buy order when the price starts rising again. TSB does not work for signals received by Signalers and will only work for new trades.

It will rise once the volume and price are increasing hand in hand. However, as soon as the price starts going down, the line will decrease since it assumes that the volume is more likely to be supply. It combines price and volume in its calculation, and is represented with a line at the bottom of the chart. The MACD gives a sell signal when the MACD (blue line) crosses below the signal line (purple line). This can also be visualized by the histogram turning red. The Moving Average Convergence Divergence (MACD) indicator was created in the late seventies by Gerald Appel.

  • Create and test bots on our platform, and sell them on our marketplace.
  • Developed by Tim Tillson, the Tilson Moving Average (T3) is a trend indicator with the advantage of having less lag than other ones.
  • When the trial month ends, the hopper is automatically disabled, and users can then opt to purchase a full subscription.
  • You can set the UO to send a buy/sell signal when the indicator is below, above, or even equal to a certain value.

Similarly, when the line crosses below 0 it means the shorter moving average crossed below the long moving average, which triggers a sell signal. The platform is well positioned to serve both new and more experienced traders and incorporates a number of features that all its members can look to benefit from. It is well designed, easy to use and has developed an excellent reputation over the years and as such we recommend you check them out. TokenTact has also developed an active community, and for new entrants to cryptocurrency trading this should prove to be immensely useful. There are active Discord and Telegram groups, in addition to a special forum for members that is available in English, French, Spanish, Dutch, and Portuguese.


Do not click “Save” yet, as there is one more step to complete. Navigate to the Base config in and select “Exchange” then “Binance.” Click on “Generate IP Addresses” and copy the displayed IP addresses. Whenever the hopper displays the “searching” message it means that it is checking your current TA for every coin you have allowed. Stay in control of your portfolio no matter where you are!

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