When enabled your bot will not place orders when you do not have enough funds for the Minimum buy amount. Fill in the number of minutes your bot is in the cooldown period for a currency. This turotrial explains how our Buy settings in the Baseconfig work and what the different buy settings https://immediatebitxdr.org/ are. Click here to find out more about the Signal config settings. This tutorial shows you how to set up a Signal and explains the settings you need to fill in. Enter the alert message, generated from the alert generator, in the configured alert at TradingView and save the alert.
Likewise, when the OBV line crosses downward its moving average, the price is starting to fall and the indicator sneds a sell signal. Immediate BitXDR is an automated trading bot that trades on your behalf using trading algorithms. Once you connect a hopper to a cryptocurrency exchange, you can select a number of strategies that the bot will implement in order to try and make a profit. If the fast moving average crosses the slow one upwards, the price is rather bullish and buy signal will be generated.
So if the current values is 45 and it then it crosses below 30, it would send a buy signal. It will send a sell signal when the RSI crosses above a certain value. The ROC sends a buy signal when the momentum turns positive, so when the momentum line crosses above 0. It then sends a sell signals when the momentum turns negative, so when the momentum line crosses below 0. Like other moving averages, traders use this indicator to spot trends and trend reversals. This is done by crossovers between a fast and a slow moving average.
Both of these timeframes are readily available on platforms like https://shikbank.org/2024/01/10/immediate-bitxdr/. If your position is in decline, you can apply a stop-loss to ensure that past a certain point, you will sell or short the position. If you’ve got something great, you can even sell it in the marketplace, to other users. On the other hand, your goal is to obtain more BTC, because, in the long run, you’ll want to have more of that built up.
This is because, on one hand, you will be betting against your chosen currency. So, say you choose BTC, your hope is that the other coins you’re trading will increase in value as your BTC decreases, thereby allowing you to make more profitable trades. Cryptocurrencies are traded on exchanges, and there are many to choose from. Immediate BitXDR works on many exchanges that have been chosen based on trading volume, security and functionality. Your API Key and secret are now created, but they cannot be used for trading yet.
This setting makes the Stochastic with Region Crossovers work like the regular Stochastic. It sends a buy signal when the Stochastic crosses below a certain threshold, for example 30. This setting makes the RSI with Region Crossovers work like the regular RSI. It sends a buy signal when the RSI crosses below a certain threshold, for example 30.
You have 1 BTC and you fill in 0.5 at maximum amount allocated, your bot will only use 0.5 BTC. Your bot sees the total assets minus the reserved funds. If this amount is less than the maximum amount allocated, your bot will use smaller buy amounts for new positions. Switch the toggle so your bot will not try to buy a currency within your chosen cooldown period after a buy, sell or both.
- To illustrate it, it reacts faster to price changes than the SMA and EMA.
- Likewise, when the OBV line crosses downward its moving average, the price is starting to fall and the indicator sneds a sell signal.
- This means that it will keep sending buy/sell signals as long as the RSI is above or below a certain value.
It will enable you to offer a higher/lower price when you’re trying to buy or sell. This could ensure that your orders will be filled better, or that your buy orders are systematically cheaper. Fill in the number of minutes a buy order should be open before the order is canceled. A small portion of your funds are reserved when an order is placed, so you want to cancel orders to have funds free to make other trades. Instead of selling with a stop-loss, you can buy extra with DCA. This lowers overall loss, since your average buy price will go down.
Switch the toggle so all the positions of the same currency will be merged every time. This is interesting when you automatically synchronize positions. When you enable auto-merge, the “max positions per currency” won’t be taken into account as all positions will be merged into one position. Another buying feature that is available on Immediate BitXDR is Dollar Cost Averaging (DCA). Through DCA you buy double or triple the amount of the currencies currently in a loss.
This can not exceed the calculated value, which is a percentage of the “max open positions” field. For example, you allow max 100 open positions and 4% open positions per currency. Your bot will allow 4 open positions per coin type of the 100 total open positions.