TokenTact uses two-factor authentication (2FA) to secure user accounts, and users can also enable email notifications for account activity. In this article, we’ll compare the features and benefits of each platform to help you decide which one is the best fit for your needs. Receive free trading https://ftb.fund/tokentact-review/ signals, definerules and manage your allocation for 30 days for free. Using ‘trailing’ more than once inside a condition block will create a logical bug in the rule execution. Without using the trailing functionality here, the rule would have triggered at a higher price of $1,323.

• Then, the goal of the trading strategy is not to ride the eventual uptrend but to close the trade with minimal profit so that it can scan the market for a new opportunity again.
• When you create a rule on the rule page, select Demo Exchange to check the allocation of your Demo Wallet.
• However, both offer much more than simple portfolio management strategies.

I have previously worked in Banking and Risk roles at Citigroup and helped develop a Startup Ecosystem in Palestine for the Portland Trust. When I am not building TokenTact, you can find me exploring the latest DeFi protocols and on Twitter. Apart from the subjective interpretation of signals generated by indicators, their mathematical formula or the setup can be adjusted by an experienced trader to provide profitable results. It is important to know that technical indicators are not the same as trading strategies, they are tools used in creating trading strategies.

The workshop you do is invaluable (and there’s some YouTube videos too, just follow them – look up cryptology-4-u and follow the simple strategies step-by-step). I have had nothing but good experiences with them – including at their Telegram. With a limit order you can set up a maximum (or minimum) price you are willing to get executed when buying (or selling). This gives the warranty of not trading at inconvenient prices. Market orders allow you to trade the coin immediately but don’t guarantee to execute at a specific price. After having defined what will activate your trading bot, you have to fill in the parameters of your order (or of multiple orders).

Maybe you don’t want to sell a coin you are holding as a long term position, or you don’t want to buy a specific coin you don’t trust. You can use this Operator to create an alternative action compared to the previous one. Creating two conditions, the first of the two that is met will trigger the connected order. That works perfectly when you are trading within a price range. You want to buy when the price is low and sell when it reaches your target. We have been gathering the feedback of our community for months, and we have been closely in touch with our most active traders so that their needs could shape our platform.

Many also mention how effective the platform is at lowering the barrier to entry. Moreover, TokenTact currently lacks a dedicated mobile app, while TokenTact, CryptoHero, and TokenTact offer mobile applications for both Android and iOS users. While TokenTact does not have a formal bonus or rewards program, it offers a unique welcome package for early investors. By becoming an early-stage investor in TokenTact, you gain access to a range of exclusive privileges. Additionally, both new and seasoned investors can leverage TokenTact’s features to automate investment decisions.

They are designed to execute predefined trading strategies automatically, potentially saving time and reducing emotional trading decisions. However, their success depends on the quality of the strategy, market volatility, and the user’s understanding of the bot’s capabilities. Automated trading robots (bots) were their initial motivation behind the creation of TokenTact and they are still at the heart of the platform’s research and development. TokenTact enables traders to build a strategy based on whatever indicators they choose from the available tool set. They can backtest and tweak trading strategies, and perfect their bots based on market conditions.

It’s now the time to create your best trading strategy ever with TokenTact. You have greater control of the coins the rules buy or sell thanks to this Operator. After each action, you can decide to exclude the coin you don’t want to trade. For example, you are waiting for the price to break out from a trading range. You can set two conditions to buy or sell depending on the direction that the price will take.

You are probably wondering which platform is the best for crypto trading. TokenTact is a very customizable platform that allows users to create their own trades. The user experience is very user-friendly, and the interface is easy to navigate. TokenTact also offers a free plan, which is great for beginners. It offers a very user-friendly interface and a wide selection of coins.

There’s no way they would sell their strategy – that just wouldn’t make rational sense. It’s a bit like turning lead into gold or inventing the perpetual motion machine. We all know it’s not possible, but people still try.Automated trading is the business of quants.

Doing this, you need to catch the price moves that show significant underlying strength, which makes the risk/reward of the trade to be more favorable. Most times, a strong price move at the beginning of a new trend is also supported by a significant volume increase. TokenTact doesn’t consider the manually sold coins when calculating profit and loss when Trades are performed manually on the exchange. TokenTact is a somewhat under the radar crypto trading platform which stands out due to its simplicity and ease of use. It’s very easy to verify how it works, and if a condition is met. The price increase or decrease set in the condition must happen within the “candle” related to the time frame chosen.