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1,863 votes
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56 votes
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1,334 votes
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121 votes
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128 votes
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alex_shaft
commented
Optimus is the type of Binance bot trading crypto for beginner https://cryptorobotics.co/crypto-trading-bots-the-ultimate-beginners-guide/ intended to trade crypto in the flat markets. The bot opens orders only when the price moves positively and closes them according to certain oscillators and indicators configured by the algorithm.
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93 votes
An error occurred while saving the comment alex_shaft
commented
I really appreciate this post. I’ve been looking all over for this! Thank goodness I found it on this blog. I really admire your work and I hope in the future I will return for more info. like this one! Thanks again! I have some great experience with the best trading service ( https://cryptorobotics.co/ ) and my words are clearly based on what I felt through such processes in the past.
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704 votes
What is a bitcoin trading bot?
Bitcoin trading bot is a software program that automatically buys and sells various cryptos at the right time to generate a profit. It enters trades based on pre-established parameters.
Due to the crypto trading bots, traders will not miss the opportunity to enter profitable trades by running a set of algorithms and will be able to open orders in time.
How does the crypto trading bot work? Check at our blog: https://cryptorobotics.co/crypto-trading-bots-the-ultimate-beginners-guide/
Bitcoin trading bots work under special algorithms, trading strategies, which, in turn, are based on technical analysis. To make an independent analysis, traders need historical data on price changes (charts, at least for the last year). Sometimes it is possible to determine an association with the news.
Besides, after conducting a technical analysis, the strategy is tested on the same historical data, and the number of potential losses and profits is calculated. And if the results are satisfactory, the rules of the trading strategy of the cryptocurrency trading bot are created on their basis. Some bots additionally utilize indicators that provide you with the opportunity to analyze the current situation on the market, others are executed only when certain market conditions occur.