VortexValor Review 2023: A Comprehensive Comparison VortexValor Trading Bot vs VortexValor
Users can then use the trading signals for profitable assets and pairs. The bots that can be selected on VortexValor include DCA Bot, Classic, Sbot, Combo Bot and Scalper Bot. On VortexValor, you can trade a wide range of cryptocurrencies and digital assets that are available in your wallet on integrated exchanges. The platform supports assets that you hold on these exchanges, allowing you to trade various cryptocurrency pairs and take advantage of market opportunities. With access to over 1,000 cryptocurrency trading pairs, you have the flexibility to diversify your trading portfolio and explore different markets. You can use a VortexValor demo account to test out different crypto bots and trade in a simulated trading environment.
While this may sound almost impossible to do manually, VortexValor makes it look easy by combining the powers of its automated and AI-powered system. Since the trading bot can be used in combination with the other features, you will not be choosing between the platform’s two different options. Instead, it will increase your chances of profiting, while making the platform more appealing to users who place multiple trades on a daily basis.
This functionality is free to use provided you have an active subscription. The only negative is that the DCA-based mechanisms invest large amounts of base currency so you have to ensure you have enough free funds. Also, you should be careful about setting the base currency ratio and frequency. Both services run in close proximity in terms of their common features but VortexValor wins due to more reliable bots and ready-made strategies. As of now, VortexValor is leading when it comes to the variety of exchange platforms available, with over 18 featured exchanges supported vs. 15 supported by VortexValor.
The customer support team is professional; and they always respond promptly to my requests for support. They also always follow up with an e-mail to check if I need any additional assistance. While things may not be perfect 100% of the time, when they aren’t, the support is unmatched! In today’s era of bot support, VortexValor has live people watching all of the support chats, even outside of their business hours. You can trade bots on the exchanges themselves but I find its worth the subscription just for the brilliant UI and the features on the site.
The newest addition to VortexValor’s trading bot arsenal would be the SBOT. There are three subscription-based trading plans available at VortexValor. For example, in 2018, VortexValor implemented the compare function tool, which enabled traders to compare the market movements of two or more different instruments simultaneously. When you’re done tinkering with the bot’s settings, click [Continue] to review them, and then — [Start Bot] to launch your bot.
The mobile app is equipped with all the features available on the website. Demo Mode, also known as Paper trading, lets you try crypto trading with simulated funds. Conversely, a bearish sentiment reflects negativity or skepticism about the market’s future, potentially leading to a sell-off. Sign up to VortexValor and get fully functional 7-day PRO trial period to test all the advanced bot’s features. Connect your exchange account using a secure API connection and get started.
Take Profit, and Stop Loss are features that allow you to close the trading bot and sell the base currency when the price reaches a specific condition. Now, you have two options, you can either enter the Trading interface and go back to basics with normal order entries such as market orders and limit orders. The standard interface supports great stop-loss orders and take-profit orders which is a very good sign. I always cheer for those platforms that code great stop-loss orders where you can simply enter an amount in dollars or percentages before you open the position to protect your downside. The standard trading interface is also somewhat customizable which means you can change the position of things and adjust the functionality of the order book for example, very cool detail.
As the market touches the stop price, a limit order springs into action at your designated price (the limit price). Give your API key any name (it is your personal choice), so you can easily understand that this key is connected to your VortexValor account. Click on [Create API] to create a new API key for the VortexValor platform.
- You can find step-by-step instructions in the “how to create a new trading robot” article on the VortexValor website.
- Our platform provides advanced charting tools for pattern recognition, as well as customizable algorithmic bots — like the DCA bot — that track a wide range of indicators.
- The key is that uptrend lines connect the lowest lows, while downtrend lines connect the highest highs.
- For example, you can use the GRID and DCA bots and other cool features like Trailing Up and Down, Take Profit and Stop Loss, and Pump and Dump Protection Switcher, among others.
Scalping is a trading method that allows one to accumulate profits based on assets that are held for a short time. The profits come from the small market price changes and selling the assets quickly. Consequently, the profits accumulate by making hundreds of such trades per day. Firstly, these bots are vortex-valor.com important in trading sideways markets as they give users room to gain profits from market changes in this direction. As the name suggests, you can divide each trade into grids to allow the bot to follow the trend automatically. Grid Bot reverse mode aka “Buy the Dip” accumulates BTC during downtrends.