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Author Topic: Cryptohopper template help.  (Read 73 times)
sirusalpha (OP)
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May 01, 2021, 05:54:11 AM
 #1

Hi,

I'm new to cryptohopper, but very confused about the templates. I decided to download one to use for my binance exchange, I downloaded Binance USDT. In  the description of this template it shows

- basic currency:USD
- selected currency: eth, ltc, etc, xrp etc...

On my binance account I have invested in XRP and linked the key to cryptohopper and used the above template.

On the cryptohopper dashboard shows on the right Total USDT in asset exchange 25 $ ( the amount i have on binance as XRP)
                                                                               Start Balance   0.0     ( zero means to allow crypto to use all my binance balance?)                                                                  
                                                                               Current profit 0%

Is the cryptohopper uses my XRP or USD? does it convert XRP to USD and work by itself and then send back to my binance account as XRP?

thanks for your help

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May 01, 2021, 07:19:15 AM
 #2

I don't use automatic trading bots, but I think the "Start Balance" field should be set to the balance you had in your account before you set up your bot to perform automated trades for you. It's a way for you to keep track of your profits and losses. The bot needs this info to know where you started at to calculate its performance.   

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sirusalpha (OP)
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May 01, 2021, 08:20:46 AM
 #3

Ok I see so if it is set to zero, it means that the bot can not trade with any amount!?
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May 01, 2021, 11:12:23 PM
 #4

I am not so familiar with cryptohopper as I never used it at all even though I had their app, but I would suggest you contact their support. I remember contacting about a year ago and they were quite responsive especially on telegram

Telegram - https://t.me/CryptohopperToday (beware of scammers who will inbox you as soon as you join or post in the group, only talk to admins)
Twitter - https://twitter.com/cryptohopper
Support ticket - https://support.cryptohopper.com/en/support/tickets/new

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sirusalpha (OP)
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May 05, 2021, 08:20:37 AM
 #5

Hi again.

I found answers to my questions so yes the star balance exchange value is the amount you want to be used by cryptohopper from the total asset.

Second as my template is binance usdt so whatever curency you have on your binance account it is now converted to usdt to be used by cryptohopper.

Now i have a new question about the RSI strategy: so I have set a value of 70 for overbought and watching one of my position on tradingview website.
At many time the RSI passed over the 70 value but the bot did not make a SELL.

From where cryptohopper gets his RSI data? isn't it synchronize with the web?

regards
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