The total profit on the dashboard gives a trader an overall idea of his performance while trading. Having a proper profit calculation allows traders to reassess their strategies’ success or failure and adjust accordingly. The user has profited; https://crypto-tact.org/ however, since the action was not part of the rule, the system does not record the sell action. If the price increases above the initial sell price, the rule will show a loss, indicating that you should have bought back the coins.

With CryptoTact, you can also add a further price condition, that prevents you from buying blindly at undesired prices. Unlike other crypto companies, in 2017 we didn’t launch an ICO,
instead we raised funds from MKB Bank and Angels. Today we are
fundraising again and
You Can Be Part of This Journey. You can visit our exhaustive Knowledge Base for more information or drop us a message and we would be happy to help. To get started, you can begin trading with our Demo Exchange which helps you get familiar with the platform without involving your funds. If you are looking for more trading ideas or examples of strategies you can run with CryptoTact, our Knowledge Base has everything you need.

You can then create a very easy configuration trading strategies based upon “If/Then” parameters which enable you to rapidly start as well as benefit from any kind of market movements. CryptoTact’s system for developing rules is understandable as well as entirely free of coding. While it doesn’t use a substantial range of triggers, the simplicity of this platform is a substantial draw for cryptocurrency traders examining out automation for the very first time. Automated stock trading on CryptoTact via Alpaca is a groundbreaking feature that merges the worlds of crypto and traditional stock trading. This integration empowers you to diversify your portfolio and tap into a broader market. As always, remember that trading stocks carries risks, and it’s essential to do thorough research and consult with professionals if needed.

This is shocking because CryptoTact should be tracking these techniques in any way times within a core demo account. You need to run these templates in your own demo account for numerous days at a minimum to see just how they could perform on the coins you’re trading. The bot will use prices of the BTCUSDC trading pair on the exchange to verify if a condition is met or not. Using this method allows the trading bot to align the prices in the condition with the price that will be traded when the order reaches the market.

The graphic interface is extremely easy to use and, more importantly, very intuitive and clear. Some advanced users might feel there’s a lack in terms of order complexity, but the vast majority of users should be able to tweak their bots exactly to their liking. Templates are one of the core features of CryptoTact, and they are essentially a copy trading feature.

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

• Reinvesting proceeds from positions in loss allows you to invest in your favourite coins without using other funds from those positions that are instead performing well.
• Once you find a template that looks promising, you can backtest it, so you can quickly see how it would perform in real market scenarios.
• Instead, it executes trades by connecting directly, via API, to exchanges where you have assets.

CryptoTact does have a free version, but to get the most out of this automated trading platform, you’ll need to sign up for one of its paid subscriptions. However, an automatic trading strategy doesn’t involve any emotional impact, so that testing it with virtual coins provides a better estimate of how it will work with real money. If you are not ready to connect your APIs yet, or you want to test some rules without the risk of losing your capital, you can trade with a virtual starting allocation. Of course, using limit orders reduces the chances of executing trades, as that depends on market conditions.

It’s important to note that what’s excluded here is any trading fees on the exchange itself. You’ll pay a separate fee, depending on the exchange, to execute the trade. What you’re paying CryptoTact for is the software to execute the trade, not trading fees themselves.

The THEN operator will activate a strategy that meets the conditional criteria, and the automated crypto trading bot will execute whatever action it has been assigned to do. CryptoTact is an automated trading bot platform designed to make cryptocurrency trading as easy as possible. This trading bot makes setting up automated crypto trading easy and helps execute trades instantly.