CryptoHero Blog

Crypto Trading Bot software

RSI

RSI

There is a group of market theorists who believe that — although individual investors may behave randomly — the market as a whole will always be efficient or fair. The Efficient Market Hypothesis, or EMH for short, implies that it is impossible for crypto traders to buy undervalued assets or […]

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New CryptoHero Web App Is Here!

New CryptoHero Web App Is Here!

CryptoHero is a cutting-edge crypto trading bot that has recently unveiled its latest Web application, boasting a revamped user interface for an even smoother trading experience. This update marks a significant stride in user-friendliness and functionality. One of the standout features of the latest version is the introduction of a […]

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Backtesting

Backtesting

We have previously mentioned that any traders worth their salt know for a fact that the market moves in a randomised pattern. For that reason, you will need to prepare another bot that captures the new market movement. You should also rethink your crypto trading strategy to fit the current […]

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Deals Deals Deals

Deals Deals Deals

In CryptoHero, multiple trades are consolidated as Deals. Each deal contains orders based on the trade signals generated by Entry Conditions, Stoploss, Take Profit. Deals execute orders in that same order of priority. Whichever comes first will be executed first. When a bot has yet to receive a signal generated […]

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Terms & Glossaries to Know

Terms & Glossaries to Know

Annual Percentage Yield — or APY for short — calculates the return of an investment over a 12 month period based on compounding interests or returns within the same period. For instance, if a bot that has been operating for 6 months and has an absolute 25% return — the […]

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Bollinger Bands

Bollinger Bands

In the 1980s, well-known technical trader John Bollinger developed an analysis tool that provides better chances of determining whether prices are high or low on a relative basis. Traders would use these charts to aid them in their decision making, to control automated trading system, or as tools for technical […]

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MACD

MACD

In the late seventies, Gerald Appel developed one of the most simple yet effective momentum indicators around — which is the Moving Average Convergence Divergence oscillator or MACD (mac-dee). Designed to identify shifts in the momentum, direction, strength and duration of price trends, the MACD is calculated by subtracting the […]

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