With a trailing stop, the bot tracks the market momentum and will either buy or sell once certain thresholds have been hit. The auto-close option enables you to set an expiry on your position. So once this time duration has passed, your order will be closed.
The process of doing this will vary from exchange-to-exchange, although in most cases, you’ll find the API details within your account settings portal. On the contrary, by programming your Immediate Zenith trading bot to execute your strategy on your behalf, there is no requirement for you to spend any time monitoring the markets. In fact, your automated bot can operate 24 hours per day, allowing you to execute your strategy for the entire weekend. This is a perfect example of utilizing the benefits of a Immediate Zenith automated bot.
After that, your Hopper will always use your TSB when it gets a signal or when its strategy signals a buy. Use DCA to invest gradually over time to mitigate risk, or to make up for a loss making position. Buying extra on a loss making position will lower the average buying price.
Essentially, the API Keys serve as a way for your bot to communicate with the exchange and execute the actions necessary for automated trading. Backtesting is similar to independent financial advice on one’s past trades and comparisons made with the other trades occurring in the marketplace. The backtesting tool studies the educated financial decisions and trades cryptocurrency traders make and creates a report about one’s performance. The Strategy Designer is an add-on to the AI trading system behind the platform.
That means your bots shouldn’t have issues with unfilled trades or slippage. If you want to access Immediate Zenith’s automated investing capabilities, you’ll need to upgrade to a paid account. Immediate Zenith currently offers 3 levels of paid account access. The Explorer package includes 1 simulated trading bot, 80 positions and a maximum of 15 selected coins and 2 triggers. You can expect to pay about $16.58 per month for access to the Explorer package. The general emotional conditioning usually needed to be profitable will not be a key factor, as the Immediate Zenith trading botwill do all the heavy lifting.
Dive into rich historical data, explore various scenarios, and elevate your trading game like never before. As the market continues to welcome more and more users, crypto possibilities, and avenues to make a profit, the options grow exponentially. In conclusion, Immediate Zenith’s platform generally obtains high marks for user-friendliness. The all-inclusive trading terminal and simple design allow even beginners to start investing with Immediate Zenith.
- To connect your Coinbase account with Immediate Zenith, you’ll need to copy the API Key and API Secret displayed on Coinbase and paste them into the corresponding fields on Immediate Zenith.
- Limit orders are orders for a specific price that usually take longer to get filled.
- You can get started with Immediate Zenith today at no cost by taking advantage of a 7 Day FREE Trial of the world-class crypto trading bot.
Immediate Zenith is an automated cryptocurrency trading platform that utilizes algorithms and artificial intelligence to execute trades on behalf of users. The platform’s centerpiece is its automated trading system which enables you to backtest and paper trade before applying it to live markets. Additionally, there is also a social trading marketplace where users can find successful investors and mirror their positions. The marketplace can also be used for purchasing signals on Immediate Zenith.
You will need to ensure that you have backtested and practiced your strategies before going live. Use multiple strategies to find out which one is most profitable, and also integrate pro tools like market arbitrage to expand your earnings. To allow your bot to interact with Binance US, you will need to create an API Key. This key acts as a connection between Immediate Zenith and the exchange, enabling your bot to perform tasks such as placing automated orders and accessing your balance for its calculations.
The only difference is, the TSS will track how much the position is going down and how much “loss” you’ve saved! When you expect that you’ve reached the bottom, you stop the short. Your Hopper will repurchase the position, protecting yourself from a loss so that you can make a profit sooner.
The platform’s customer support is still evolving but aims to be quite prompt and responsive in its way. The customer support team can be reached via email primarily. The customers can write to “[email protected]” or “[email protected]” and get queries answered. On a large scale, the affiliates can get up to 15% for every payment made by the referred individual. Interested individuals also have the option to use the marketing resources offered by Immediate Zenith to support their referrals. Markets change fast, so you need to be able to change your order price faster.
This will allow only Immediate Zenith‘s servers to perform actions on your Binance US account, preventing any unauthorized third parties from accessing it, even if your API Keys are compromised. By following this step, you can ensure that your funds remain safe while trading on Binance US. Trade automatically on Immediate Zenith on your favorite exchanges. Use API Keys to connect to Binance, Coinbase Pro, OKEx, or one of the 15 supported exchanges. Explore the advantages of automated trading and its various types in this article. Learn how to begin your automated trading journey, with options ranging from easy to advanced.