How Does EazyBot Know When To Buy And Sell?
EazyBot has been programmed with a default strategy that is designed for optimal success.
EazyBot Buys your initial position at market price when you start the bot or whenever a new Session begins.
If the price of the coin goes Up, EazyBot Sells your initial position (Cover), captures the profit, and then opens a new Session.
If the price of the coin begins to go Down, it will automatically buy additional positions based on the pre-set parameters. Each cover is an independent position that can sell on its own when the price of the coin goes up. Each SELL order generates a profit, and a portion of this profit is applied to the average price. The key is to lower the average price as much as possible in order to meet the market price so that sessions can close out faster.
When the market swings up again and exceeds the average price by the set percentage, it closes all those open positions at a profit.
EazyBot Buys your initial position at market price when you start the bot or whenever a new Session begins.
If the price of the coin goes Up, EazyBot Sells your initial position (Cover), captures the profit, and then opens a new Session.
If the price of the coin begins to go Down, it will automatically buy additional positions based on the pre-set parameters. Each cover is an independent position that can sell on its own when the price of the coin goes up. Each SELL order generates a profit, and a portion of this profit is applied to the average price. The key is to lower the average price as much as possible in order to meet the market price so that sessions can close out faster.
When the market swings up again and exceeds the average price by the set percentage, it closes all those open positions at a profit.
Updated on: 26/09/2024