How many trades do the trading bots place per day?

 

He will open positions when he detects a favorable trend.

It depends on the strategy used and the market trend.  

  • Weekly bot: it opens positions every week and can keep them open for one or several consecutive weeks.

If you subscribe during the week and choose a Weekly bot, the position opened by the bot on Friday / Saturday of the previous week will automatically be opened when you activate your bot. 

  • Daily Bot: usually opens positions every day between midnight and 02:00AM and keep them open for one or several days.
  •  Hourly Bot: it usually opens positions several times a day and can keep them open for one or several consecutive hours

Be aware that the bot will only open positions if it detects a clear trend. Indeed the crypto-currency market is very volatile, so it is sometimes better to maintain a Neutral position in times of uncertainty. When clear trend signals emerge, the bot will open its positions, otherwise it will remain in a neutral position.

→ This is to protect your capital in a risk management framework. 

 

Capture_d_e_cran_2021-06-22_a__10.28.01.png

You can refer to the characteristics of a specific bot to find out its trading frequency. This information will give you an overview of the number of trades made by the strategy.

 

Was this article helpful?
0 out of 0 found this helpful

Comments

0 comments

Please sign in to leave a comment.