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Trading bots are programs that help you in automating your cryptocurrencies trading. These bots help you in analyzing the market, executing orders, and copy other traders' trading activity.
Trading bots work throughout the day thus keeping your account active even when you are sleeping. The bots also help you to avoid the pressure of rapid transaction. Zignaly is one of such bots.
Copy-trading, Automated trading, and Smart manually trade Platform. follow expert traders or external crypto signal providers and automatically copy their signals.
Zignaly Founded in 2008 in Madrid Spain. It offers cloud-based services that connect the traders to different crypto exchanges through API. The following are some of the features of Zignaly.
Zignaly allows traders to trade using external crypto signal providers. Signal providers send trade alerts for cryptocurrencies that are good buys. The considerations result from manual chart analysis by pro traders or analysis by trading bots.
Explore top-performing traders and copy automatically all of their trades. When they trade, you trade. It's that simple.
Zignaly interface is entirely cloud-based. This allows easy access and update of the software from anywhere at any time. It is also convenient since you can access your account from any platform: mobile, PC, or desktop.
Trailing stop loss
Trading stop loss is a strategy that helps you to maximize your profits and minimize your losses. This automated program traces the price of the currency as it rises. As soon as it starts dropping, it begins to sell your coins. This process ensures that you enjoy the upsides and avoid downsides. This strategy, therefore, becomes useful to traders since it increases the chances of making profits and avoiding losses.
Zignaly allows you to trade any currency pair without any trading limits.
Tradingview Bot Customization
Trading signals can take place directly from your tradingview account. Also, You can create your bot With TradingView’s PineEditor. after building your bot you can set alerts each time your bot suggests buying or selling. Then Zignaly will convert these alerts into trading positions.
Zignaly is a user-friendly program. The team behind it designed it to be easy to use. The process of how to start trading with Zignaly requires new users to sign up with their accounts.
After signing up, the crypto traders set up some settings to begin trading. The settings include a selection of base currency such as Etherium, Bitcoin, or other altcoins. They also set up Buy Price Deviation, Stop Loss, and Trailing Stop.
Zignaly also includes explanations for every feature on each tool. Therefore it easy for a beginner to understand each feature. Averagely, it will take you just 10 minutes to start using Zignaly.
Zignaly has taken several steps to ensure the security of your funds. This program trade directly with the exchange side. Your coins will always be on the exchange side; therefore, there is no need for worrying about withdrawal rights.