Five features that will turn cryptotrading upside down
Today a trader has a whole range of technical tools. It comprises trading robots and indicators, pending stop-orders and testers of trading strategies, dozens of ways to display price charts. Whole ecosystems: communities of traders and programmers, analytics, training programs and more, - are structured around modern trading terminals.
But all this was only accessible to classical forex-traders. There was no similar toolkit for cryptotrading in the market until recently. A trader was left to personally navigate through hundreds of cryptocurrencies on 300 cryptoexchanges, and most frequently only manual trading with minimum of available indicators was open to him.
Cryptorobotics terminal, developed for cryptotrading, took the best from the decisions, already existing in the market, and demonstrated unique developments.
Trading on 11 exchanges without brokers
A typical pattern of work of any terminal looks as follows: a trader registers with a broker and a broker provides him access to an exchange. Cryptorobotics offers a trader a direct access to several exchanges at once. Developers designed a scheme through which a velocity of signal between an exchange and the terminal excludes information lags.
Alpha-version of Cryptorobotics terminal is connected to 11 cryptoexchanges, all significant trading platforms of the world will be connected later on.
A trader does not need to choose between all presented currency pairs: a pre-set assistant in the terminal will itself offer a currency that should be traded right now. An exchange with the most profitable rate will be proposed automatically as well (among those where a trader is registered).
The terminal workspace with maximum customization
Workspace of each terminal is a graphic of quotes of a currency pair.
Dozens of free pre-set indicators with alerts are available for a trader in the terminal. All that remains is to choose an indicator and to put in on a quotes chart.
It is possible to implement any strategy in the terminal – either from among classical ones, proposed in textbooks on cryptotrading, or a custom strategy. Changing indicators settings, a trader determines the rules for entry to the market and closing a transaction. Very few things were available to a trader up to now: only single indicators were offered to suit his needs and he often had to content himself with the only color and graphic solution of the workspace.
Auto-following and traders' ranking
Cryptorobotics will help even a newcomer to navigate on the market. A function of auto-following will soon be available for that purpose. A share of deposit could be entrusted to a successful trader from the top of the rating for trust management.
You will be able to choose whose strategy and tactics suit you most. In several clicks you will enter into a smart-contract and determine what share of your deposit will be allocated for trust management. From now on all deals of a chosen leader will be replicated on your trading account.
Trading robots constructor
Experienced programmers with skills of technical analysis on the exchange platforms wrote robots for trading terminals so far. Cryptorobotics proposes know-how — constructor of trading robots. Dozens of finished blocks (technical indicators and orders) are provided to a trader and he can assemble a necessary strategy out of them.
Now you can choose:
- on the basis of which indicators overbought and oversold areas should be determined;
- which technical patterns suit your trading regime;
- which out of dozens types of moving averages to use;
- to smooth or not to smooth RSI.
All that is left to do is to assemble a ready robot from these bricks and you will not need even minimal programming skills thereby. Successful robots can be sold to other traders.
Testing of trading robots on the history of real quotes
Any robot can be pre-tested before purchasing on the history of real quotes. Cryptotrading is a young field of exchange trading, therefore a robots tester, pre-set in Cryptorobotics, offers the history of real quotes during almost all existence of this or that currency pair.
That will help to reveal the regularities of currencies movement on the young market, to match technical factors with fundamental ones and to develop a custom strategy for the future.
As in real trading, for testing you may change the robots settings, apply them at different exchanges and for different cryptocurrency pairs.Cryptorobotics is already entering the market and is ready to make cryptotrading available, understandable and really interesting.