This trading strategy tries to catch short-term swings on the coins of your choice with a simple yet profitable setup. Let’s have a look, for example, at Low Volatility Buy + TP & SL. The buy signal comes when the MA 200 is greater than the MA 100, and the MA 50 is greater than the MA 100.

  • Therefore, your profits will not be secured (realised) until you close the trade and sell the coins you have purchased.
  • Depending on which trading platform you use, the API management page will be located in different website sections.
  • Customer service addresses inquiries and works with you to resolve any complaints.
  • If you have ever traded cryptocurrencies, you know that the price can be highly volatile, especially in anticipation of significant moves or trend reversal.

There are different types of indicator and each of them has a specific purpose and utility. Understanding in which conditions one indicator performs better, and what signals it provides, allows users to take much better decisions while trading. TokenTact applies advanced protocols of security to protect all the users’ API keys. The company stores the API private keys on separated data storage and encrypts them with the AES-256 standard. Cloudflare protection grants a further layer of security against the risk of DDoS and attacks of different nature.

Finally, you have to copy/paste both the API Key and the Secret Key in the Exchanges section of your account. Binance will ask to confirm the API creation according to your security settings. As a first step, log in with your credentials to Binance and select your account settings on the top right and click on “API Management”. A step-by-step guide to create your API Key on Binance and connect your TokenTact account.


If you had set up a normal stop, say at $45,400, your position would have continued to drop, ultimately leading to a loss. This move will have increased your Trailing Stop limit to $46,200 – maintaining a distance of $250 from your new position. Your stop distance will continue to move up every time BTC moves up.

Of course, if the condition is met during that period, the bot sends out the order to the market. When you relaunch the strategy, that will create a new rule with an updated starting price based on the new market conditions. If you select “from current live price” we use the market price at the moment of launching the rule. The bot uses that price to calculate the price that will trigger the order based on the percentage set. Crypto markets offer high volatility and, thus, excellent opportunities for trading.

All trading pairs available on the exchange can be traded in Demo rules, mode and prices reflect the current market conditions to guarantee more reliable performances of the strategies. One interesting option is to run these crypto trading bots across all coins available on the market, or all the coins held in the user’s exchange wallet. Thanks to this option, it’s possible to build rules that act as a Global Portfolio Stop Loss or a Global Buy-the-Dip, for example.

There’s no way they would sell their strategy – that just wouldn’t make rational sense. It’s a bit like turning lead into gold or inventing the perpetual motion machine. We all know it’s not possible, but people still try.Automated trading is the business of quants. also uses 2FA for account security and stores user data in an encrypted format. The platform also has a regular security audit conducted by the team. Both platforms offer the option to create read-only API keys, which can be used for tracking portfolio performance without allowing the bot to execute trades. You have now access to the largest database of technical indicators and strategies globally. TradingView offers countless trading setups which you can customize to fit your needs and execute trades on your favourite crypto exchange.

This method operates on the belief that all crucial information, whether it’s news, underlying factors, or market sentiment, is already integrated into the current asset price. This analysis, therefore, zeroes in on existing price and volume trends to anticipate future shifts in price. Did you wish you had invested in Bitcoin on exchanges at that time? TokenTact lets you jump into whatever opportunity, even while you sleep! Simply take profit, protect your portfolio and outpace the market without dropping a single opportunity.

Through the API, the users can execute trades and withdraw their funds without logging in to their Binance accounts. TokenTact, as an example trading bot, would request permission to execute those trades on behalf of the customer. This allows users to practice and test their trading strategies with virtual funds without the risk of using real money. The demo account is a valuable tool for both beginners and experienced traders. Crypto trading bots can work effectively when properly configured and used in the right market conditions.