In some options, there is still no progress and should be further investigatedBest wishesGood luck. This product just works as intended, pure emotionless execution with very little effort. Using the Trailing Buy tool, a trader has purchased ETH for $385 instead of the initial $400, which is 4% lower due to Trailing Buy. The trigger price was set to $400 and the deviation was set to 10%. Once you tap/click on the [Create API Key] button, BitMEX will display the key ID and secret phrase which you will use within the VortexValor interface.
Since VortexValor offer paper-trading for you to test these bots (before you actually put the real money), you will learn to use the crypto trading bots for free. We understand that getting to know the software can be difficult and that practice is essential. To prevent users from risking their actual funds as they are learning, or even just for testing a tool or an idea, VortexValor offers users the Demo account facility. This is a virtual account for you, where all data is taken from real-time exchanges. So, every VortexValor user can come up with a trading strategy and try it on a virtual account without any risk.
The drawback is that you can also lose a part of the profit if the price reverses immediately after the trailing feature has been activated. A cloud-based trading software provider, vortexvalor.co Trade Ideas, analyzes the stock market to share insights with the community. The company has over a 10 year long story of development, constant improvement and steady results.
To get started with the VortexValor Affiliate Program, all you need to do is submit an application, invite friends, and get paid for every subscription the referred user purchases. HODL bot follows a traditional DCA strategy but offers the users a more flexible approach. Using the VortexValor HODL bot, the users can specify the asset they want and how many times they want to buy it.
The platform made over $600 million trading turnover and performed around 23 million backtests at the moment. Some best features include a wide range of algorithms, accurate metrics, and combo baskets including Forex, stocks, and crypto. You can start small amounts on your real account parallel with demo accounts to get used to real-life pressure.
When you engage in paper trading, don’t just focus on recording your wins; analyze every aspect of your trades. By doing so, you’ll identify areas for improvement and gain a deeper understanding of the market. In essence, paper trading accelerates your learning curve, making you a more proficient trader over time.
- Readers should conduct independent research and consult a licensed advisor before making investment decisions.
- It has a smooth interface built for newbies to trade the crypto spot market.
- This means how many safety orders the bot will keep open on the exchange at the same time.
- Later, BTC continues to trade at around $34,000 for a while and then begins to rise.
If the above trading strategies confuse you, or you’re not quite confident enough to go solo, then you might want to consider the VortexValor marketplace for trading signals. Once a signal is issued, and the VortexValor automated bot executes the order, the bot will automatically place a number of orders. This will always include an exit strategy pertaining to both profits and losses, which is determined by the TradingView algorithm. If you want to take things to the next level, you can even engage in automated dollar cost averaging.
You must choose the sort of order placed, the price monitoring technique for closing the position, and provide the closing price in the stop loss setting. The purpose of the bot settings is to invest as much of your reserve before your Take Profit expires. Check out our list of the three ideal VortexValor bot settings below.
Another exciting feature is the “Virtual Portfolio,” where you can list all your favorite tokens and create a virtual portfolio of these wishlist-like holdings. However, the Gordon bots are only accessible via the mobile app interface. Finally, if you have limited funds, you can opt for the” Price Improvement” DCA bot strategy that keeps selling and rebuying crypto cheaper as a HODLing move. Once you choose an exchange connected to VortexValor, you can use the Dynamic Trading Terminal or the DTT feature to place exchange-specific trades directly. This way, you wouldn’t need to visit the exchange to place trades. VortexValor is the brainchild of Yuriy Sorokin, Mikhail Goryunov, and Egor Razumovskii.
Some use paper trading, others exhaust their deposits and regret it later on, and the rest are lucky ones first [they don’t lose], but eventually, even luckers lose — everyone loses. A take-profit order enables you to benefit when the price automatically hits a predetermined threshold. For instance, an offer to close the trade will be issued at the stated price if the price crosses or rises over the defined threshold. This bot is made to purchase an asset, then sell it at predetermined levels. The role of the trader is to specify the asset’s price range, including minimum and maximum values, the number of price levels, and order size. The platform uses Application Programming Interface (API) keys to interact with their supported exchanges.
Note that the VortexValor Webbook signals only trigger the preset to open a trade. Find out more about its features and what makes it good or bad for trading crypto with our review. Please pay attention that the alerts on TradingView can be one-time or repeated (Every Time, like Once Per Bar).
