Introduction of Valx trader robots; Tools for easier trading
In the complex world of buying and selling cryptocurrency, tools have been provided to make the work of traders easier. Along with the use of buying and selling strategies, the digital currency trading robot is one of the most popular tools for daily cryptocurrency trading. Valex online exchange By providing this possibility to its users, it has brought convenience in daily transactions.
In this article, we will introduce Valax trading robots and how to use them.
What is a trading robot?
Crypto trading bots, such as the Volks Trader bots, are bots designed for Automation of transactions used. These bots are basically programs that are run to achieve certain trading results.
Although you can just go to a crypto bot trading platform and start using trading bots with predefined rules, you can program them according to your trading needs. For example, you can change the settings of a bot to buy a certain cryptocurrency at a certain time or price depending on your cryptocurrency trading strategy.
Another important role played by crypto trading bots such as the Volks Trader bots, Removal of human emotions It is in business decisions. No matter how experienced you are, your emotions can get in the way of buying and selling digital currency and you can make mistakes that can cost you a lot in trading.
Bots execute instructions. They also do not require any high level technical skills to operate and are considered to be one of the great trading tools these days.
How does the trading robot work?
To trade with a digital currency trading robot on an exchange such as Valex Trader Robots, you must allow the trading robot through the keys API (Application Program Interface) access your account. Of course, access can be canceled at any time.
In general, trading robots work in four stages: data analysis, signal generation, risk allocation, and execution.
Data analysis
Data is king; This is why data analysis is so important to the success of a crypto trading robot such as Valx Trader Robots. Unlike humans, software equipped with learning can identify, collect and analyze vast amounts of data faster, smarter and better.
Signal generation
Once the data analysis is complete, signal generation by a bot like the Valx Trader bots essentially does the trader’s job. The trading robot predicts the price and identifies potential trades based on market data and technical analysis indicators.
Risk allocation
Risk allocation is where the robot distributes risk based on a specific set of parameters and rules set by the trader, which usually includes how and how much capital is allocated when trading.
Performance
Execution is the stage where cryptocurrencies are bought and sold based on the signals generated by the pre-set trading system. At this point, the signals generate buy or sell orders that are sent to the exchange through the API.
Now that we are familiar with the definition of the trade robot and how it works, we will examine the trade robots of Valex digital exchange.
Spot Grid Robot
The Spot Grid robot is a trading strategy and one of the Valx Trader robots that seeks to profit from market fluctuations through the positioning of buy and sell orders.
The main advantage of point grid robot is that it is not influenced by human emotions. Understanding market dynamics, this robot manages trades based on market fluctuations and is the best way to profit from price gaps in the market.
If the price increases, the Valx trading robot will sell orders at the specified price, and when the price decreases, the robot will execute buy orders at the specified price.
If you are new to the cryptocurrency market, we suggest using the automated trading section. In this section, the Valex trading robot automatically checks the historical data of the desired currency and determines the buying and selling points for you based on that. If you have enough experience in the cryptocurrency market, we suggest from the section “Customization” use. In this section, you are the one who defines the strategy and buying and selling points for the robot.
Infinity Grid Robot
The Infinity Grid robot is an improved version of the point grid robot. In this Valex trading robot, you only need to determine the stop price in the market.
Valax infinite grid robot is suitable for volatile markets with reasonable price growth. Infinite Grid Robot guarantees that your initial asset will always be fixed and will sell only when the price is suitable for selling and making a profit.
To use this Valex trading robot, you only need to determine the stop price in the market. The bot will then automatically buy at the low price and sell your currency at the high price while the value of your original asset remains intact.
What is meant by stop price in infinite grid robot?
As it is clear from the name of this robot, the trades of this trading robot will continue until you stop it or until it reaches its stop price. The main task of this Valex trading robot is to sell your currency at the time of the price pump. This pump may last for several months; Therefore, during this period, the robot is busy registering sales orders based on the set profit rate. The price stop is the point at which the robot will no longer buy currency for you.
For example, if the price stop point in the Bitcoin/Tether market is set at $45,000 and the price of Bitcoin is falling, the robot will buy Bitcoin based on your Bitcoin balance. This will keep the value of your initial bitcoin constant in all market conditions (pump and dump). If the price of Bitcoin falls below $45,000 and the market is in a downward trend, buying Bitcoin to maintain your initial value will actually be detrimental to you. This is where the stop price shows its effectiveness. By registering the stop price in the robot, you determine at what price point the robot buys stop.