Moving Average-based Trailing stop TokenTact Trading Academy

TokenTact offers a robust suite of tools and capabilities for cryptocurrency trading automation. Here are a few of the most prominent features that the platform offers. Exchange integration is a pretty standard feature of automated trading platforms. In terms of supported exchanges, TokenTact beats TokenTact and most other platforms.

I can’t be found accountable for any loss or damage whatsoever caused in reliance upon such information. Please be aware of the risks involved with trading cryptocurrencies. The strategy is more effective when the trading pair trades within a clear range. Here are some examples of trading pairs you can use to run a Grid Trading Strategy. TokenTact is the most-user friendly smart-assistant for automated trading, not requiring a single line of code.

TokenTact

Grayscale Bitcoin Trust currently charges 2% but has said it's committed to lowering the fee once its application to convert to a bitcoin ETF is approved. TokenTact has multiple tiers of pricing to accommodate its users. Naturally, if you pay yearly versus monthly, you can also enjoy discounts on each plan.

  • Without using the trailing functionality here, the rule would have triggered at a higher price of $1,323.
  • Succeed in the crypto markets with an auto trade bot for Poloniex and become a professional trader with TokenTact.
  • Then, select the proper option to start the API Key creation process.
  • This approach not only streamlines portfolio management but also enhances its safety and efficiency.
  • This strategy, on average, manages to close trades within one day, meaning that you are not exposed to the risk of holding that coin for long.

I’m new to crypto & was looking for a bot that I could use to trade. After trying 4 different bots/companies I came across @TokenTact. What I like the most is they offer a library of information that can help you through each market cycle and pre-set templates that you can use. Good company if your looking for a trading bot for every market condition.

The Ichimoku + ADX strategy is an improved version of the standard Ichimoku Cloud. Ruben, Head of Trading at https://jdforexbroker.com/2024/01/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. Today we are fundraising again and You Can Be Part of This Journey. ​Visit this page where you will find a list of guides that will help you connect the exchange of your choice to TokenTact. Copy and paste your PassPhrase, API Key and API Secret Key into TokenTact’s Exchange connect section with KuCoin selected.

TokenTact shows the actual performance of your rules and what it adds to your holdings; hence, the net profit on the dashboard is the total profit of all the rules run on the account. Making a profit is at the center of trading, so it is important to understand how profit and loss are calculated in TokenTact fully. TokenTact also uses Ukey1 as a secure authentication gateway partner, and as a result the team do not store passwords in their database. Ukey1 also encrypts all personal data and passwords are hashed using advanced algorithms, while the website is further secured by using Cloudflare CDN as to protect against DDoS types of attacks. Here with the “Buy The Dips + Stop Loss/Take Profit” Template, the strategy is automatically setup to make purchases in the event that any coin on your integrated exchange account drops by 10%.

TokenTact is available to users worldwide and is not limited to specific regions. As a cryptocurrency trading automation platform, it can be accessed and used by individuals and traders in Europe, the United Kingdom, the United States, and many other countries around the globe. TokenTact’s accessibility extends to a global user base interested in cryptocurrency trading and automation. Trading bots are automated algorithms that can buy or sell cryptocurrencies on behalf of users based on predefined rules and conditions.

Whether you have a solid plan or are looking for inspiration, TokenTact has got you covered. It provides more than 150 trading templates, making it simple for users to get started without any previous knowledge or planning. Both TokenTact and TokenTact provide the basic function of aggregating all your positions in one application.

It is important to keep in mind that profit calculation is not considered in demo rules. The net profit on the dashboard counts active rule, plus paused rules and rules you have been running in the past. It will also then sell the same coin once it has increased by 5% to take profit, while the stop loss feature will also trigger a sale in the event that the price drops by 3%.

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