A cloud-based crypto trading software provider has announced information technology is launching a manual trading terminal — enabling users to identify orders on its interface as if they were using their usual exchange.

TradeSanta says its latest production launch is especially useful for crypto users who use multiple exchanges and rely on automated trading bots regularly. Information technology is hoped that this feature will cut a footstep in the process and enable positions to exist entered into more quickly, every bit traders will no longer have to visit their called exchange first.

According to the company, this option ties in nicely with other features such as Smart Society, which paves the way for big amounts of crypto to exist bought and sold without triggering dramatic fluctuations in the price of the nugget in question.

Making trading simpler

TradeSanta says it is positioning itself as a service that enables traders to enjoy exposure to the market place 24 hours a day, seven days a week — without the need to make trading a "total-fourth dimension task" where they are never away from their screens.

Vi major exchanges — including Binance and Huobi — tin be continued to the TradeSanta platform in a matter of minutes. Support for new platforms is constantly being added, and in-depth blog posts provide step-by-pace instructions that explain how exchange accounts tin be added to a user's contour.

More insights from TradeSanta here

Users accept the freedom to either use existing templates for trading bots or to devise their own tailor-made strategy from scratch. As well equally the ability to transact large volumes without sending shockwaves through the market place, users tin take reward of balderdash and carry markets past relying on long and short strategies — something that volition undoubtedly prove useful given the tape levels of volatility that have been roiling the crypto markets of late.

To protect gains, TradeSanta users tin also establish take-profit targets that ensure deals are airtight at an optimal moment. Bots tin be configured to automatically sell a position at the desired level — eliminating the need for users to constantly monitor ups and downs in the marketplace. The company says that easy access to information is naught short of vital, and that'south why a bot'south progress can be monitored from anywhere with an net connectedness — with Telegram notifications sent directly to the user'due south telephone whenever a bot is in activity.

The technical indicators on offering

A series of technical indicators are also on offer, helping users to configure their bot and time their entry into the market for maximum impact. Moving Average Convergence/Deviation (otherwise known as MACD, for short) allows users to follow momentum, detect potent trends and gauge whether cost reversals should exist anticipated. Meanwhile, a Relative Force Index can be used to ascertain the magnitude of an asset's recent price movements. Concluding simply not least, TradeSanta bots can scour the market for an optimal entry point based on Bollinger bands for trading pairs — assessing the past 90 minutes in five-minute intervals.

At the time of writing, TradeSanta says it has more 28,000 active users — and more ix,200 trading bots are currently in action. Overall, information technology is estimated that over 3 million deals have been successfully completed since the service launched.

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