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Collection of the Best Trading Bots Throughout History

Written By Hanny & Melissa on Tuesday, April 02, 2019 | Tuesday, April 02, 2019

https://www.economicfinancialpoliticalandhealth.com/2019/03/collection-of-best-trading-bots.html
Trading bots are computer programs that automate the execution of trading on the market. They are very useful for beginner-level traders who are unable to make in-depth analysis on charts.

Regardless, you also can't just rely on Bitcoin trading bots, because they can damage and bring you to lose your money in a short time, but this is an effective backtesting tool that gives you the ability to really test the strategytrade without really risking your own money.

It is worth mentioning that trade bots get better acceptance of major currency exchanges because they help move higher trading volumes and increase liquidity.

There are trading bots for traders who are inexperienced and proficient. Beginner trading bots are more suitable for individuals without programming skills. But in this article we will focus on various types of bots.

# CryptoHopper

CryptoHopper is a Bitcoin trading bot that allows you to engage in automated trading 24/7. This provides many useful features such as an external buy signal from professional analysts who can determine potentially profitable investments.

To use CryptoHopper, you can simply connect it to an existing account on the exchange of your choice. After you have done it, you can adjust your trading instruments by accessing your Hooper dashboard.

The CryptoHopper bot offers you a large number of trading approaches that are fully customizable. If you have never had experience dealing with trading bots, it is advisable to go to the CryptoHopper education sector where you can see all relevant information about bot usage because it uses a different trading strategy.

There is a free trial, and after expiration, you must pay one of three premium packages.

# ProfitTrailer

ProfitTrailer is one of the most popular bots out there with more than tens of thousands of active users worldwide. Until now, trading bots worked with three exchanges - Binance, Bittrex and Poloniex.

All you have to do is buy a license for a program that can run either on your PC or on a remote VPS server. the first is the most reliable way to use the ProfitTrailer bot, because it eliminates any connectivity problems. How ever, setting up a VPS server might be a bit difficult for users who don't understand technology.

ProfitTrailer has a rather friendly user interface for beginners. The homepage displays all important information needed to monitor your trading activities.

To see all your ownership, you have to open the Pasangan Pair Log tab tab while Penjualan Sales Note ’shows everything you've sold when using a bot.

# GunBot

GunBot is another sophisticated crypto trading bot for algorithmic trading that works with many exchanges, including Binance and Kraken. The bot allows users to choose various trading strategies that can be adjusted according to your personal trading style. these strategies include:

- TSSL (trailing stop / stop limit)

- Bollinger Bands

- Stepgain

- Pingpong

After you have chosen a trading strategy and cryptocurrency pair, you can configure bots using your exchange API for third party programs. Now you can take advantage of any existing trading strategies.

# 3Commas

Now, we will focus on the relatively young Bitcoin bots that have won the crypto community. As of May 2018, it has more than 20,000 active users and the average trading volume exceeds $ 6 million. Launched in September 2017 as a previously funded project.

This system has three different types of bots:

1. Hopefully

2. Short

3. Combined

Simple and short bots allow you to do only one trading partner at a time. Compost bots, as the name implies, support many crypto pairs simultaneously.

The strange thing about 3Commas is that they don't use popular trading strategies like Stepgain and Ping Pong. Instead, it depends on strong TradingViews analysis, but it still may seem disappointing for ordinary traders.

# AutoView

The majority of the trading bots mentioned above are rather expensive, so if you have a tighter budget and are still looking for an automated trading solution, then you might have to pay attention to AutoView. This cryptocurrency trading bot is very cheap, it doesn't mean this bot is bad.

AutoView bots come in the form of a Google Chrome extension that gives you the ability to automate TradingView. Gunbot extensions, for example, have more advanced trading features, but they come at much higher prices.

AutoView is not a beginner level extension, because this requires the user to manually stop the program and the loss into the script in TradingView.

Those who are not good at programming can take advantage of many AutoView scripts that are available for free. For example, you can use the MACD indicator which gives you a signal for a bullish and bearish MACD crossover.

# Haasbot

Haasbot is the most sophisticated trading bot for real trading experts. The project was launched in 2015 by Stephan de Haas.

Despite the fact that this software has been around for a long time, many Bitcoin owners still haven't heard about it because of tools that are professionally oriented and not high prices, which make products unreachable.

Unlike Gunbot or other Bitcoin trading bots, Haasbot emphasizes adjustments (you can create your own dashboard, focus on different indicators and so on).

One can choose between trading bots, arbitrage bots, and order bots - everything is very easy to prepare. Just like AutoView, there are script bots too, but they need deep C # coding skills.

There is also a backtesting option for those who want to try certain strategies on a batch of historical data without actually engaging in trading.

While some critics argue that the cryptocurrency market is very volatile for backtesting to provide relevant predictions, it may still indicate whether you are on the right path or not.

Read Now :  Bitcoin is a Real Threat to Visa & Mastercard, Right or Not ...?

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