PRODUCT FEATURES
Tools like TradeSanta are useful when you want to start trading cryptocurrencies but don’t have enough time to submit each trade by yourself. Hence, TradeSanta’s crypto trading bot executes trades on your behalf by following the preferred settings you have chosen when creating your crypto trading bot. In short, TradeSanta eliminates the need to perform trades manually and automates them instead. You can create as many separate trading bots as you want to scale your trading.
TradeSanta is simple to use, supporting most major centralized crypto exchanges. Each bot executes a single strategy plugged into a chosen cryptocurrency exchange by trading preset currency pair.
Technical Indicators
Technical indicators help bots determine their optimal entry point into the market. These include:
-Day Filter: Actions are taken depending on the candle indicator of the day before and whether it was bullish or bearish. So, if the bot is set to trade long and the previous day was bullish, the bot will proceed opening the deal. If optimized for short strategy, the previous day candle needs to have been bearish for the bot to open the deal.
-Volume Filter: Deal is opened if the trading volume of token pair over the last 24 hours is considered to have been sufficient.
-Bollinger Signal: The bot will search for an optimal entry point based on the Bollinger bands of a trading pair for the past 1.5 hours on a 5-minute time frame.
TradeSanta users may choose from any of the three signals or use all three at the same time when configuring the behavior of their bots.
Supported Exchanges
Exchanges TradeSanta can operate on include (support for OKEX, Huobi, and BitMex is said to be added soon):
Binance
Bittrex
Bitfinex
HitBTC
Upbit
Huobi