Get Started TokenTact Help

After purchasing a strategy from the TokenTact Marketplace, you can deploy it to your account, add funds and initiate its launch. Once launched, you have the flexibility to re-launch the strategy multiple times according to your preferences. TokenTact offers an extensive collection of educational resources in the “LEARN” section of their website.

  • Additionally, when using ANY TIME, what can happen is that the rule buys 20 USD of ETH about 10 times in a row before the rule even sells something.
  • It is not an offer to buy or sell any security, product, service or investment.
  • Whichever option you pick will depend on your familiarity with trading strategies.
  • In the case of Moving Averages and the RSI, the timeframe is used to define how to aggregate data for calculation.
  • The photo below provides an example of how you make selections within the rule creation screen.

TokenTact’s customer support has received mixed feedback from users. While some users have praised the platform’s customer support as responsive and helpful, others have reported slow response times and difficulties in reaching a resolution for their issues. The Free Starter Plan includes two active and simulated rules, seven preset templates, connection to one exchange, and a maximum monthly trading volume of $3,000. TokenTact supports a diverse range of over 80 cryptocurrencies and assets — a substantial selection. In contrast, TokenTact boasts an extensive range of supported assets, exceeding 10,000, making it one of the most comprehensive. Traders may buy the asset when the MACD crosses above its signal line and sell—or short—the asset when the MACD crosses below the signal line.

While the rules are running, you can see all the relevant activities and the performances on the activity page. In this way, it’s easy to review how the bot is working and, if needed, you can change some parameters to optimize it. 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). The trading system closes the trade when the MA9 crosses above the MA200, which could be the first major resistance the asset faces before developing a more sustained uptrend. The main goal of a scalping strategy is to open and close trades frequently, profiting from small gains and limiting the downside risk.

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It’s important to stress that a technical indicator does not represent a trading strategy per-se. On the contrary, the trader uses technical indicators applying his own methodology to run a trading strategy. The main difference between Live and Demo Rules will be on low-volume coins that have less liquidity. In those cases were the ‘Top 1’ https://kryptotaglich.de/tokentact-review/ execution price might not be available, prices could be less accurate. Including an additional condition for volume or market cap could help reduce the differences between paper trading and real trading. AnySwap is a cross-chain decentralized protocol for swapping, and it’s based on Fusion DCRM (Distributed Control Rights Management).

The platform supports the trading of over 80 cryptocurrencies, allowing users to create and execute trading strategies for a diverse range of digital assets. This includes well-known cryptocurrencies like bitcoin (BTC), ethereum (ETH), and litecoin (LTC), as well as numerous altcoins and tokens available on supported exchanges. When using TokenTact, you are not required to transfer any funds over, and the platform doesn’t have direct access to your crypto holdings.

After being proposed in March 2022, the SEC approved the 247-page rule with a 3-2 majority vote during a Tuesday meeting. The rule will affect those dealing with crypto assets defined as securities or government securities, excluding entities with less than $50 million in assets. On February 6, the United States Securities and Exchange Commission (SEC) introduced new rules affecting liquidity providers.

After setting up the API keys, the exchange will provide you with two keys – the API and the secret key. The process of connecting an exchange account is very similar across most exchanges, but there is some similarity. The two pieces of information you will need are the API key and its companion secret key. According to its co-founders Gabriele Musella (CEO) and Oleg Giberstein (COO), TokenTact attempts to democratize trading and offer pro-grade level tools to professionals and beginners alike.

If the condition is not met, the rule will ignore the following Action block and either continue with the next Block or return to the beginning of the rule. This https://token-tact.org/ is particularly useful if you are looking for a confirmation of a trend. The ‘wait for’ will start once the previous action is executed or condition is met.

That allows the strategy to increase the percentage of profitability of trades. This strategy utilises common indicators like RSI and moving averages in order to enter and exit trades. The Relative Strength Index (RSI) is a momentum indicator that has a value between 0 and 100, where a value greater than 70 is considered overbought and a value less than 30 is oversold.