What's your favorite Bitcoin app?

[9thsky]

I few days ago I posted, asking if there was a feature which would automatically buy and sell at a rate only if the rate had gone up by a predetermined percent from that rate - so for example, if the set rate was $45,000, it would buy at $45,000 only after the rate had passed $45,000 by at least %10, which in this example would by $49,500.

I couldn't find anyone offering such feature. Now I'm wondering if there is an app which could simply just give a notification/alarm.

In my quest for such an feature, I've come across apps that claim straight profits (e.g. Pionex) by 'setting and forgetting'. Has anyone had any experience with such apps?

So basically just here for opinions and discussions on this.

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[blockman]

On exchanges they have limit orders, you can put how much you want to buy and how much you want to sell. Once the market hits your price then it will automatically give you the amount and quantity of bitcoin's you want to buy.
It's an easy feature for most exchanges and you can see it when you trade. But it's a manual feature and every gain, you have to set because once it's filled, you need to input again the order you want.

[crwth]

This could be done with a trading bot like Gunbot.

So there's a strategy in Gunbot called TSSL. You would set the buy range, percent etc.

For example. When the ask price drops below the Target, let's say $45000, there would be a buy range that you would input, if you want the 10%, you would input 10 as the Buy Range and it would cover ±10% of $45000. So as long as the price is within range in one direction then suddenly changes, it would automatically trigger a buy for that trading pair.

For the selling part, you would input a Sell Range or Take Profit for a specific percentage.

If you want more information about it and would want to know more, message me here. I would be willing to help you.

[9thsky]

On exchanges they have limit orders, you can put how much you want to buy and how much you want to sell. Once the market hits your price then it will automatically give you the amount and quantity of bitcoin's you want to buy.
It's an easy feature for most exchanges and you can see it when you trade. But it's a manual feature and every gain, you have to set because once it's filled, you need to input again the order you want.

Yeah, I'm aware of limit/stop-limit orders. What I was looking for is slightly different.

[9thsky]

This could be done with a trading bot like Gunbot.

So there's a strategy in Gunbot called TSSL. You would set the buy range, percent etc.

For example. When the ask price drops below the Target, let's say $45000, there would be a buy range that you would input, if you want the 10%, you would input 10 as the Buy Range and it would cover ±10% of $45000. So as long as the price is within range in one direction then suddenly changes, it would automatically trigger a buy for that trading pair.

For the selling part, you would input a Sell Range or Take Profit for a specific percentage.

If you want more information about it and would want to know more, message me here. I would be willing to help you.

Thanks! That sounds very interesting. So at what point during the decline from the target rate does it trigger the order? Do you get to set the percentage?

[dihari]

This could be done with a trading bot like Gunbot.

So there's a strategy in Gunbot called TSSL. You would set the buy range, percent etc.

For example. When the ask price drops below the Target, let's say $45000, there would be a buy range that you would input, if you want the 10%, you would input 10 as the Buy Range and it would cover ±10% of $45000. So as long as the price is within range in one direction then suddenly changes, it would automatically trigger a buy for that trading pair.

For the selling part, you would input a Sell Range or Take Profit for a specific percentage.

If you want more information about it and would want to know more, message me here. I would be willing to help you.

Interesting. I see gunbot was very popular back in 2016/2017 many accounts like lauda promote this trading bot on bct forum. It means gunbot have good reputation on this forum.
I know nothing about trading bot before, I am just using kucoin bot that simple and easy to use and free. But if gunbot made more profit than regular exchange bot, I'll considering to use it maybe.

[crwth]

Thanks! That sounds very interesting. So at what point during the decline from the target rate does it trigger the order? Do you get to set the percentage?

You get to set it, so as long as it's on going at the range you have set, let's say 1%, if there's still no change in the trend, it will just keep an eye on the percentage and will act on it once it has changed direction or moved out of that range. There are a lot more features that you might be interested in.

Interesting. I see gunbot was very popular back in 2016/2017 many accounts like lauda promote this trading bot on bct forum. It means gunbot have good reputation on this forum.
I know nothing about trading bot before, I am just using kucoin bot that simple and easy to use and free. But if gunbot made more profit than regular exchange bot, I'll considering to use it maybe.

It is still the best bot for sure and open to suggestions and feature implementation. It's going to be a good investment and a great tool for your trading experience for sure.

[redsun114]

I few days ago I posted, asking if there was a feature which would automatically buy and sell at a rate only if the rate had gone up by a predetermined percent from that rate - so for example, if the set rate was $45,000, it would buy at $45,000 only after the rate had passed $45,000 by at least %10, which in this example would by $49,500.

I couldn't find anyone offering such feature. Now I'm wondering if there is an app which could simply just give a notification/alarm.

In my quest for such an feature, I've come across apps that claim straight profits (e.g. Pionex) by 'setting and forgetting'. Has anyone had any experience with such apps?

I don’t know any application that will do just as you have said in your first paragraph; buying around 10% of a set buying price. But, I think you can set an app to buy at a particular price rate and not at a percentage of a set rate as you have said, just as you can as well set them to sell at a particular rate.

Then as for applications that are promising you straight profit, I haven’t heard of such before, and I wouldn’t believe any firm or app that is promising me straight profit (although it depends on what you mean by using the word ‘straight’, if you mean – ‘quick profit – then I would say no to that). And as for apps that can give you price notifications, there are so many of them out there and even the Coinbase mobile app has this feature, you can make use of it.