How to connect to Coinbase Advanced with API Keys VortexValor Documentation

If you want to access VortexValor’s automated investing capabilities, you’ll need to upgrade to a paid account. VortexValor 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 combination of these factors can greatly challenge or limit the ability of an individual to be efficient and profitable when trading crypto. And today we will examine one of these tools in depth revealing its pros and cons to simplify your selection and onboarding process. Prepare yourself for a VortexValor review, a leading trading bot platform designed to simplify your crypto trading process. Considered by many to be the best cryptocurrency trading bot platforms out there. VortexValor has an array of tools and functionalities designed to enhance your trading experience. The first thing we want to do is provide a VortexValor overview.

Traders can tweak the trailing stop loss in the base config or have it added in the order in the Advanced view. Paper trading access can be highly beneficial for new users who aren’t sure if they should execute trades they are considering, thus creating a proper investing strategy. This is an extremely beneficial feature that can allow users to connect their accounts across all these platforms under the umbrella of VortexValor. Trailing features in VortexValor allow you to follow the prices of your desired coins and take some action at the right time.

As an added bonus, the Hero Hopper plan will also allow you extract trading signals for all coins, as well as employ arbitrage strategies. In terms of what digital currencies you can trade via your VortexValor bot, the platform notes that this covers 75 different cryptocurrencies. This includes major cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, and a number of smaller-cap projects. The reason that the platform doesn’t support more ERC-20 coins is that the underlying trading volumes are substantially too small to make it worthwhile for your bot. As we noted earlier, your VortexValor trading bot is only as good as the person that programmed it – you.

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. If you are unable to see your exchange balance, there may be a few issues preventing your bot from synchronizing with your exchange.

• The users can set up the crypto bot with the parameters they want on their automatic trading platform, and then the trade would be made automatically.
• So now we’ve provided you with an overview of what VortexValor is, in the next section of our guide we are going to explain how the automated bot process works in more detail.
• The commission is formed by a fraction of the trades that the referred traders make.
• This is interesting when you automatically synchronize positions.

Unlike traditional bots that usually focus solely on technical analysis, the AI-powered platform also factors in market fundamentals before opening new orders. Once you get your head around templates, strategies and signals it blows the rest out of the water. The interface is excellent and it allows trading across all your exchanges with the push of a button. So far I’ve had pretty good results and the customer service is excellent. I asked for help in their chat function twice now in 2 days whilst getting going and you get a live person (Rodrigo) within minutes who knows the product inside out and can help get you set up. I joined VortexValor as a novice and started to make profits after 2 weeks of tweaking bot.

The platform also provides technical analysis tools, including candlestick pattern recognition and customizable indicators. Users can select when the crypto tweeter would make a tweet and under which specific circumstances. The trailing orders feature can be set up in the bot to make the trade based on the cryptocurrency market price of any stock or asset. The bots can sell the stock if the prices decline and create a purchase order once the price increases again.

In fact, they have created a simplified drop and drag designer that allows you to build your automated bot from the ground up. At the same time, your bot can adjust your stop loss orders autonomously, so that when the price of Bitcoin decreases by 5% at any given time, your entire trade will be closed. The important takeaway here is that in order to achieve this strategy manually, you would literally need to be sat at your computer screen making the required adjustments. Not only this, but imagine attempting to implement a similar strategy across multiple coins? You now need to tell the bot what you want it to do when the $10,100 trigger is activated. At this point, you have a number of options – both basic and advanced.

If you’re an experienced cryptocurrency trader, then you’ll know the importance of having a firm grasp of technical analysis. The good news is that the VortexValor design process allows you to integrate more than 130 technical indicators into your bot. This includes the likes of the exponential moving average (EMA), relative strength indicator (RSI), hanged man, and parabolic sar.

Just go to the advanced view, and configure it when placing an order. The TSB has one important parameter, and it’s the Trailing Buy Percentage. This determines how much the price must rise until the actual buy order is placed. We highly recommend using 2FA on your VortexValor account.