DONCHIAN CHANNEL STRATEGY BOT FOR BINANCE FUTURES
Donchian channel strategy trading bot is designed for trading the breakout of the Donchian channel (also known as the Price Channel).This strategy is effective due to the fact that cryptocurrencies themselves are trending instruments.
There are many trading pairs on the Binans exchange, you can perfectly diversify the risks in trading by setting the bot for each trading pair individually.Cryptocurrency is a trending instrument. That is why breakouts generate the largest profits, and the Donchian channel breakout strategy is considered one of the most effective one.
I really hate to say this, but do you even have any proof that your bot is indeed effective? Posting with certain screenshots of successful trades with the use of your bot and the strategy you mentioned would add up to your product's reputation. Also, we all know how effective the Donchian was, yet there's no further reason to make a bot necessary to make the best use out of the strategy as any trader can just simply use buy orders once the breakout's price was hit.
The video shows a clear tutorial on how to use your bot, it still didn't show any sample runs with the bot itself. It's really hard to trust certain applications like this especially it requires to be installed in a computer and its totally "free". I am not putting any hate onto your product, but keep in mind that bot programs and even any programs that requires installation adds a bigger risk to any user. It is really better to disclose everything in here or just publish it on github.
I will agree with you, doubts are reasonable.
Donchian channel strategy trading bot is provided free of charge if the account meets the requirements. The project receives partner rewards from the Binans exchange (for this we cannot lay out the sources on github), for trading with this bot, which means that it is beneficial for us to make money. For the security of users, when using the bot on dedicated servers, there is encryption of the key API so that no one gets access to your API keys. We also strongly recommend that when you create a key API, you are prohibited from withdrawing funds through the API.
Regarding what can be traded under this strategy manually you correctly spelled, bot and created for automatic trading according to the specified parameters for each selected trading pair. In hand, it is impossible to monitor many trading couples.
The parameters for starting trading on each of the trading pairs, users choose independently, the bot is a tool for earning and its configuration requires users to understand the strategy on which the bot works.
If we need to make a video showing the work of the bot on real trade, this is not a problem. In any case, if there are questions, suspicions, we are ready to answer.
