10 Best Crypto Trading Bot Strategies 2022


They have a free platform and also a paid platform for their users. BTC One can start by connecting their exchange’s API keys and selecting the preferred trading strategy. With free and paid plans, the number of templates you’ll gain access to varies according to the plan you choose.


High-frequency trading is the method of using an automated system to potentially make hundreds of thousands of trades in a fraction of a second. You can pick several strategies from the table above and start educating yourself. Once you learn the basics, you’ll catch the rest much easier, as they are interconnected and repeat each other in terms of core ideas. Assuming you’re familiar with at least some concepts mentioned, you’re good to go. Web scraping, residential proxy, proxy manager, web unlocker, search engine crawler, and all you need to collect web data.

Semrush is an all-in-one digital marketing solution with more than 50 tools in SEO, social media, and content marketing. In case you wanted to create your own Tradingview indicators, try these Pine Script learning resources. This means that you only pay when your placed trades ‘make’ liquidity in the market which also ‘takes’ liquidity from the market.

Natural Language Processing (NLP)

As opposed to many of the other competitors, Gunbot works with a one-time payment instead of a monthly subscription. There are three subscriptions based on the number of bots and Telegram integration. Moreover, you get a detailed breakdown of your trading portfolio, including individual strategies performance matrices. Investors use them to take advantage of the crypto market, which never stops all day worldwide.

It also enables transfer of assets between these Metaco wallets and outside wallets. This will result in the following predefined limit within which the grid trading bot will now function. The next step is to divide the interval upper limit price and interval lower limit price into grid levels. Each exchange has its rules; however, manual and automatic settings are available across all major exchanges, such as Binance, Crypto.com, ByBit, etc.

Downloading Data

For example, options trading is a tricky business, but 3Commas has a simple, highly-visual user interface that helps investors program automated options strategies. As an added bonus, 3Commas’ blog offers valuable insights, analytics, and guides for crypto traders. After several years analyzing trends within the various Bitcoin exchanges, ATS had developed a trading strategy that sought to capitalize on certain recurring market inefficiencies. Critical to their strategy was discovering opportunities and then capitalizing on them. In the cryptocurrency space as is true in other trading, the timeframe for recognizing an opportunity is often measured in milliseconds. Given the limitations of a manual approach, ATS required the development of a sophisticated bot to automate the discovery, analysis, & execution for these trades.


It’s crucial to test a strategy in different market conditions, not just upward trending markets. I’m usually looking for strategies that make about ten trades per day. If you recall the example OHLCV row from the previous section, you can see each candlestick represents the open, high, low, close part of each row of data.

It is not a participant of any exchange broker or affiliate programs. This bitcoin trading robot allows you to create your own technical analysis. Smart Trade terminal allows traders to set up stop-loss, take profit, trailing in one trade. Grid Trading Bot allows users to buy low and sell high in a specific price range. For example, a BTC arbitrage bot might identify that Bitcoin is trading for $200 more per token on Kraken than it is on bitFlyer. It would then buy BTC on bitFlyer and quickly sell it on Kraken in order to make a small profit.

Ccxws – A JavaScript library for connecting to realtime public APIs on all cryptocurrency exchanges. Catalyst – DEPRECATED – An algorithmic trading library for crypto-assets written in Python. Having defined our simple strategy, now we want to evaluate it using historical data using backtesting, which allows us to place trades in the past to see how they would have performed. Backtesting a strategy on historical data to determine our strategy’s performance — We’ll see how to generate full reports, as well as plots to visualize our bot’s simulated trades. How to define strategies using Python and pandas — We’ll define a simple moving average strategy trading between Ethereum and Bitcoin , trying to maximize the amount of Bitcoin we hold.

Their https://www.beaxy.com/ built-in Terminals may also be used to develop DCA and Spread tactics. If you prefer to create your own crypto trading bot, then Trality offers the most comprehensive array of user-friendly tools to help you achieve your trading automation goals. With our easy-to-use UI/UX you can create, backtest and trade like a professional, whether you’re a casual trader, python guru or an absolute beginner. Wolfinch – A Python trading bot supporting algorithmic trading for equity market and cryptocurrency exchanges. The modularized implementation is easily extensible to support more exchanges, trading strategies and indicators. A simple UI is available out of the box to view trades and allow basic controls in operation.

Backtesting the strategy

Key metrics used when selecting algorithmic trading bot cryptos for the Marketplace include risk-adjusted return, minimum trading activity, and time under water. And since the crypto market is a volatile one, all bots are backtested in different market conditions such as bull, bear and sideways market regimes to ensure consistent returns. Investors, now you can rent profitable bots tailored to your specific risk tolerances and individual investment goals. A full suite of metrics is available, allowing you to decide on a bot based on clear, quantifiable data. Ta-lib – A widely used library by trading software developers requiring to perform technical analysis of financial market data.

Momentum trading strategies refer to buying/selling an asset according to the recent trend. The core idea suggests if there is enough force behind a trend move, it will keep going in the same direction. Botcrypto is a free bot trading platform that gives you 24 hours support with a visual editor. This bot offers an intuitive and easy setup process, with no credit card information or platform installation required. Furthermore, it supports a majority of the cryptocurrency exchanges available today.

Advantages of Crypto Trading Bots

Trality is one of the most popular trading bot platforms globally, both for beginner and advanced crypto investors. This is a crypto trading bot that hosts its services entirely on the cloud. That way, it can help you catch short periods of downtime that will have resulted in missed profits. Gunbot is user-friendly, easy to set up, and has many different customizable strategies for every type of trader/risk profile. On their marketplace, you can even find free, profitable ‘plug & play’-strategies ready to go. Gunbot frequently hosts tournaments, thereby providing its users the opportunity to earn a little extra on the side.

It is easy to set up, allows you to automate trading across different exchanges, and choose the preferred setting when you create the bot. To scale your trading with Tradesanta, you can create as many bots as you want. This tool is an excellent option for mobile and high-volume traders. The main product of Pionex is the trading bot selection, even though it supports manual trading using crypto-to-crypto conversions. This bot executes traders’ buy and sell orders with no manual input but with predefined market conditions.

  • By automating the trading process, however, bots ensure consistent trading discipline even in volatile markets when fear can lead you to sell or luck can cause you to buy.
  • Futures grid trading bots use margin trades and can borrow funds beyond available capital.
  • Create a program and trading bot to rebalance the portfolio every hour.
  • There are no hidden fees, it’s free to sign up and you can can money in your account that would have otherwise gone to greedy exchanges.
  • If your bot wins more frequently and the number of trades is significant enough, you can completely neglect one-time failures.

But things have changed after the 2008 crisis, unveiling the concept for the masses. That year was a truly game-changer, as savvy traders across the globe shifted towards algorithmic trading. As a result, automated trading has experienced a big leap in terms of software technologies, analysis techniques, strategies implemented, and more.

Is crypto trading bot profitable?

Q #2) Are cryptocurrency trading bots profitable? Answer: Trading bots are profitable for as long as you can configure them properly. The best crypto trading bots will obviously make a profit and it is essential to set to test them or have some sort of guarantee first before buying.

Momentum strategies analyze volume, volatility and time frame of the trend to identify how strong it might be in a given direction. Then an algorithm or trader opens a position to ride the trade until the momentum is lost. Some traders try to make the most of trends and do their best to spot top and bottom.

Mizar’s users can easily create long and short bots, manage their positions from TradingView or other systems, and trade from Mizar’s Smart Trading Terminal. Multiple entry zones, stop-loss, take profit, trailing, and DCA are some of the trading features offered by Mizar. Octobot – Powerful fully modular open-source cryptocurrency trading bot with trading tools, a backtesting engine, an user interface, etc. You can also go through the free crypto trading bot services provided by any Crypto Bot Trading Platform and compare them with paid ones. TradeSantais one of the best trading bots that enables you to manage your risk easily. This application allows you to choose the strategy that suits your trading style, and it enables you to set your target profit amount and close the deal at the right moment.

They don’t store your funds; instead, they use API keys provided by your exchange and encrypt the trade data. Bots help to automate trading so the traders will have time for research, work, business, or anything else they want to spend time on. Some people think that it shouldn’t be allowed while others say it has some advantages. With the test-before-investing feature, this platform can demonstrate the setting’s entire response to the loss or profit. Make sure to set up an account and connect it with supporting exchanges. Automated portfolio organisation and quick trading for Litecoin, Bitcoin, Ethereum and other cryptos on the leading Crypto exchanges on the globe is possible.


Also, due to its volatility, algorithmic trading bot crypto need to ensure that they don’t miss out on important trades. This makes it imperative that they find a way to keep an eye on the market. Since traders cannot react quickly enough to take advantage of the changes in price that will help them achieve optimal trade, they need help. You can set the bot to deploy day or volume filters for starting trade at the right time. Swing traders make use of technical indicators, which are either leading or lagging.

Many other automated crypto trading platforms offer a fraction of the strategies for more. EndoTech is one of the easiest trading algorithm platforms to use by a significant margin too. All you need to do is set up an account with a supported exchange (if you don’t have one already), pay EndoTech’s reasonable fees, give them your account’s API key and choose a strategy. Then there are technical trading bots that predict price movements and execute trades based on signals and indicators.

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A crypto trading bot has no such issues and will execute trades based purely on data, without attachment to funds or sentimentality about market conditions. The market for crypto asset trading is enormous and growing exponentially and the introduction of trading bots and algorithmic trading in this space is timely. With only a limited number of investors currently having access to highly performing investments funds, the opportunity for bot trading is tremendous. Although they are not entirely perfect, cryptocurrency trading bots have made the process of trading easier on crypto exchanges that are run 24 hours a day. Automated crypto trading platforms are automated software that trade cryptocurrency for you.

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