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What is ProfitTrading App?ProfitTrading app is the best trading app for Android. It's available for the most important exchanges. This is not an official app, and doesn't pretend to be. It's an app that uses exchanges APIs to create amazing features that they don't offer. So with ProfitTrading you have more features than with the exchanges official apps (if they do have an app).
It's one of the most downloaded and used apps on GooglePlay for almost all exchanges (after the official ones). You can check any of our apps, like our successful Binance app, with more than 400 ratings and more than 30000 downloads.
What are the free features of ProfitTrading App?
What are the premium features of ProfitTrading App?
This is used to get money from the fluctuation of a coin. There are many coins that go up and down many times a day. Let's see it with an example:
Imagine LTC is getting that behavior, lets say it's price is 0,0184 but is fluctuating from 0,0175 to 0,0185 several times. To get profit creating the orders by yourself, you will have to do the following:
Apart from this you can also configure a Stop Loss option to limit your loses if the market goes against you. Even you can skip the first step if you only want to place a sell at profit with stop loss
TRADING BOT OPERATIONS EXAMPLES
These are some of the operations you can configure with the bots, possibilities are infinite! You can create up to 25 concurrent bots.
By default, BUY operations will be associated with <= symbol. That means: "When price reaches <= TRIGGER PRICE, place a BUY order with BUY PRICE for the defined amount of coin UNITS"
It's recommended to place a BUY PRICE a little higher than TRIGGER PRICE to ensure BUY order is filled. You can also choose the trigger symbol between <= or >=
By default, SELL operations will be associated with >= symbol. That means: "When price reaches >= TRIGGER PRICE, place a SELL order with SELL PRICE for the defined amount of coin UNITS"
It's recommended to place a SELL PRICE a little lower than TRIGGER PRICE to ensure SELL order is filled. You can also choose the trigger symbol between <= or >=
You can configure split sells by adding consecutive SELL operations to your bot, so you can get a better chance to sell your coins.
After you configured your first operation, you can keep adding more operations to your bot.
Below the units label, you will see two separated quantities. The first one is the currency amount of the coin you own right now, the second one is the currency amount you will add after first operation (if it was a buy).
You can also configure a STOP LOSS operation to be safe if the market goes against you. A STOP LOSS operation should always be added after a SELL operation.
Select the trigger price you want the STOP LOSS order be created. If the coin price reaches that trigger price, a SELL order will be created with the following price:
BID price (at the moment when STOP LOSS is triggered) x MULT value.
Mult value is useful to ensure your order is filled if the price is changing very fast. Recommended value is 0.95
As opposite of STOP LOSS operation, you can also configure a BUY STOP operation to be safe if the market goes against you (if you thought the market was dropping but it rises). A BUY STOP operation should always be added after a BUY operation.Select the trigger price you want the BUY STOP order be created. If the coin price reaches that trigger price, a BUY order will be created with the following price:
ASK price (at the moment when BUY STOP is triggered) x MULT value.
Mult value is useful to ensure your order is filled if the price is changing very fast. Recommended value is 1.05
Trading bots with stop loss operations
Trailing Stop Configuration
Configure trailing stop order by defining the following settings:
TRIGGER PRICE: Defines the trigger price when the order will start trailing. From here sell order will increase it's price if coin price gets high.
STOP OFFSET: Defines the percentage the market price should fall to place the sell order. This step starts checking that percentage once the trigger price has ben reached
MULT: Helps you ensure the sell order is filled as it will be a limit order (not a market order). The SELL order will be created with the following price:
BID price (at the moment when SELL ORDER is triggered) x MULT value.
As said before, mult value is useful to ensure your order is filled if the price is falling very fast. Recommended value is 0.9
UNITS: Defines the units of the coin to be sold
Get more info about trailing stop orders here: https://en.wikipedia.org/wiki/Order\_(exchange)#Trailing\_stop\_order
After you configure the Trailing Stop operation you can check the bot status. Including the top price reached and the current down percentage from top reached.
AUTO RESTART BOT
With this feature, you can set the bot to restart when it finishes with profits and without a stop order. This way you don't need to worry about checking if all orders are filled to restart it. And you can take full advantage on BTC and altcoins high fluctuation. Configure it once and start getting profits. Note that as said, it will only restart if last iteration finished with profits and without a stop order. The application also shows you a resume of all times the bot have successfully completed (cycles). You can check the total profit and the number of times it has completed. You can also see the detail of each completed bot iteration.
FILLED ORDERS NOTIFICATIONS
You can configure the bot to receive notifications when an order is filled or when the bot is completed. You will receive a push notification in your device when an operation is filled including info about the operation.You will also receive a push notification when all operations are finished, including the profit you made.
Signal bot (designed for pump events)
Awesome features included in SignalBot: + Auto StopLoss + Auto TakeProfit + Configure the amount of units you want to sell + Possibility of canceling orders on SignalBot screen + Autocheck for filled orders + Percentage of profit trailer included
Bot basic configuration:
How do I configure my API Keys?Each of our apps have a step by step tutorial that shows how to generate it. You can find it at Settings screen by pressing "GET API KEYS"
Why should I trust ProfitTrading App?We are aware of all scam that involves cryptocurrencies, specially with some apps. That's why always say: NEVER grant any withdrawal permissions to your API keys to this app or any app that request for it. For free users API Keys are stored on your device, for premium trading bot users, as all the logic is executed on our servers, their keys are encrypted and safely stored while they are needed to manage the bots. Once they are no longer needed, they are deleted.
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