Trodax.cat is an automated cryptocurrency service, that manages your account on your cryptocurrency exchange. Manual trading strategy is very simple and has shown an excellent work in the markets with high levels of exchange volatility. Having bought a cryptocurrency, trading algorithm (Cryptocurrency Automated Trader or CAT) аutomatically estimates a level of Take Profit (TP), taking into account an exchange commission and specifics of a certain cryptocurrency.
What is averaging?
As soon as the price of a cryptocurrency achieves an estimated level, the algorithm sells it and opens a new transaction. If a market doesn't achieve an indicated price and your bought cryptocurrency is getting cheap, the algorithm buys the cryptocurrency again making so called «averaging». After averaging, the level of Take Profit is recalculated to average price of cryptocurrency volume that have been bought.
Any settings can be changed manually. Automatic trading mode makes traders life easier. It is enough to choose a strategy and create a CAT. Hybrid intelligence chooses a crypto pair for trading, opens a transaction on time and closes it on time if a situation on the market is changing. You can follow all the transactions online!
CATs Strategies
We have 4 strategies: Careful, Reasonable, Active and Optimistic.
They are recommended to be used at different market conditions cause they differ in a number of averaging steps, a size of first order, Take Profit level and number of averaging orders set at once.
CAREFUL
If you have a big deposit, but don't want to take risks, this strategy is for you. It allows you to get profit when your bot makes a first order just 5% of total reserve and has a maximum amount of averaging steps. It is recommended on a bearish market.
REASONABLE
Here you have a starting order at 7% of your reserve, 14 averaging steps as maximum and 3 averaging orders set at one time.
ACTIVE
This strategy gives you an opportunity to make profits even when you have a small deposit cause it has a starting order at 10% and 2 averaging orders set at one time. It is recommended on a bullish market.
OPTIMISTIC
The most risky strategy that should be used when a market has a very positive tendency. Allows you to easily boost your profits with a small deposit on a bullish market. Be careful since it can lead to a peak–valley drawdown.
