Copy trading with TokenTact : TokenTact
On the other hand, when it decreases, the price is losing momentum and it is likely to go down, which can give a selling opportunity. In order to generate buy and sell signals, we added a moving average to the OBV. In this way, when the OBV crosses its moving average upwards, it means that the price and volume are increasing and a buy signal is generated. Likewise, when the OBV line crosses downward its moving average, the price is starting to fall and the indicator sneds a sell signal.
- StochRSI with Region Crossovers is only available for users with a Hero subscription.
- Adding trend-following indicators on higher timeframes is a solid tactic, as demonstrated in our examples.
- Automatically switch between strategies with different market trends.
- This feature makes the UO a great indicator to combine with others.
It’s possible to combine both buy signals and technical analysis indicators at the same time, in addition to setting up stop limits and trailing stops. Fill in the number of target that your bot should buy when your strategy finds multiple currencies at the same time. Sorted by the number of indicators and buy signals it hit. TradingView alerts that create a buy or a sell signal are also signals. Switch the toggle so all the positions of the same currency will be merged every time.
That is, the most recent price levels will determine to a greater extent the development of the moving average. It can be a very good indicator to spot when the big investors are entering the market to buy or sell. When the volatility of the market increases, the ATR line goes up. This indicator is commonly used to anticipate the end of ranging markets and the beginning of a new trend. This article shows all Techical Indicators that TokenTact offers.
Essentially, the API Key serves as a way for your bot to communicate with the exchange and execute the actions necessary for automated trading. Like a standard SMA, this indicator to spot trends and trend reversals. It is done by crossovers between a fast and a slow moving average.
The overbought zone is between -20 and 0, which means that the price is close to the highest point of the range. The oversold zone lies between -100 and -80, https://ftb.fund/tokentact-review/ close to the lowest point of the range. The Time Series Forecast is a trend indicator that uses a linear regression to calculate the trend of the price.
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. This ensures that for at least a month after purchase, your trading bot https://tokentact.net/ will be adjusting the market changes. Head to the strategy designer to apply fully customized TA fuelled strategy. Your trading bot will follow these blindly for all your assets to form it’s buy or sell decisions.
Users can simply sign up and begin using the service without having to submit any payment details. When the trial month ends, the hopper is automatically disabled, and users can then opt to purchase a full subscription. From here you can simply follow the wizard as it will help you to quickly configure your hopper. You just need to select an exchange and configure the bot via your preferred exchange’s API keys and also set up basic hopper configurations.
You might encounter an error in TokenTact’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. This key acts as a connection between TokenTact and the exchange, enabling your bot to perform tasks such as placing automated orders and accessing your balance for its calculations.
An essential feature to know is that if you select “greater than” or “less than”, the Stochastic will send sticking signals. This means that it will keep sending buy/sell signals as long as the Stochastic is above or below a certain value. This feature makes the Stochastic a great indicator to combine with others. It’s important to note that if you select “greater than” or “less than,” the RSI will send sticking signals.