HOW DOES CRYPTO TRADING BOT WORKs
A Crypto trading Bot is an automated program designed to handle the buying and selling of a Crypto assets based on a given parameters for the purpose of making profit.
Trading Bot work in Both Crypto and a traditional financial market. They removed human emotions and process trade with a given algorithm.
The Bot make and execute trade based on market indicators and parameters that are configured in it such as RSI Indicator, MACD, Trading Volume, order book and so on. Those datas are very important in making trading decision.
Trading bot removed the traditional methods of market analysis
Strategy used for trading bot include.
Reverse Trading
Trend Trading
Arbitrage
Market Making
Scalping
Breakout Strategy
Momentum Trading
News Trading
Can you let Bot control your portfolio ?
