You “feed” your A.I with all the possible strategies, it will analyze them all for you and choose the one that is most successful in the current market. Fill in how often you want to send a TradingView Alert to your bot. Adding trend-following indicators on higher timeframes is a solid tactic, as demonstrated in our examples. We start by checking MESA on both the daily and 4-hour charts to ensure the trend is favoring us. 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. It allows you to buy or sell templates or strategies from other users.
As end user, it’s best to select your exchange based on trading fees, trading pairs and trading volume. You might encounter an error in https://fullsendtoken.net/immediate-bitxdr-crypto-bot/‘s onboarding process when connecting to Binance, even if your API Keys are correct. In this case, please click on ‘Continue without testing’. You can always check your API Keys later in your Base config. To allow your bot to interact with Binance, you will need to create an API Key.
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. Immediate BitXDR 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. Immediate BitXDR is compatible with up to 75 cryptocurrencies and nine major exchanges including Binance, Bitfinex, Bittrex, Coinbase Pro, Cryptopia, Huobi, Kraken, Kucoin, and Poloniex. Fill in the maximum amount your bot may use from the total assets.
- When the price goes up again, that’s when your bot will make the buy order.
- They want to gather more cryptocurrencies regardless of what the market does.
- It combines the Stochastic and RSI indicators in its calculation, making it an indicator of an indicator.
- This feature makes the RSI a great indicator to combine with others.
The indicator is displayed as a line oscillating around zero. The line represents the difference between the short and the long moving average. When the line crosses above 0, it means that the shorter moving https://immediatebitxdr.org/ average crossed above the long moving average, which triggers a buy signal. When enabled, the bot will not place a new buy order if there is an open position within the current price range for the currency.
This means that you can even inverse the signals and buy at overbought and sell at oversold, making it work like a trend following indicator. It’s important to note that if you select “greater than” or “less than,” the UO will send sticking signals. This means that it will keep sending buy/sell signals as long as the UO is above or below a certain value. This feature makes the UO a great indicator to combine with others. Keep in mind that if you select “greater than” or “less than,” the StochRSI will send sticking signals.
The Time Series Forecast is a trend indicator that uses a linear regression to calculate the trend of the price. The T3 moving average is an indicator of an indicator since it includes several EMAs of another EMA. Unlike any other moving average, it adds the so-called volume factor, a value between 0 and 1. The Ultimate Oscillator (UO) is a momentum indicator developed in 1976 by Larry Williams. The Ultimate Oscillator combines short, medium and long-term periods to analyze the momentum of the price. Overbought zones are areas where the price has risen significantly in a small interval of time, which suggests that a trend reversal can occur.
However on Immediate BitXDR, we leave a lot of room for customization. You can set the RSI to send a buy/sell signal when the indicator is below, above, or even equal to a certain value. Immediate BitXDR is an automated trading bot that can scan and trade crypto 24/7. Immediate BitXDR is the most popular Cryptocurrency trading bot on the market. With multiple features like automated trading, market making, and arbitrage Immediate BitXDR is the complete package for beginner and advanced traders. This has happened in the past, and it’s a security concern that needs to be addressed by both trading bot developers and cryptocurrency exchanges.
It is necessary to provide your API keys which are generated on your preferred exchanges, and these keys give the bot restricted access to your account for trading purposes. We recommend building and testing your strategy in the Strategy Builder. You can choose to disable strategies and follow signals only.
Create and test bots on our platform, and sell them on our marketplace. Since you want to increase the amount of USD, you would, for example sell 2,000 EOS on exchange A (for USD). At the same time, you would also buy 2,000 EOS on exchange B to maintain the same amount of EOS you had before the trade. Buy a strategy or template from a user and trade using their configurations. Any changes they make will also be fed to automatically to your trading bot for a full month, after which you are left with a static template.