CryptoHeroThere 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 […]
In this article, we will be covering the topic of basic crypto trading strategies. A well-researched crypto trading strategy goes a long way in ensuring a profitable return. The terms that you’ll see traders throw around very often are “long trading” versus “short trading”. Here’s the difference between short versus […]
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 […]
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 […]
Scalping is one of the main crypto trading strategies which involves gaining profit from small price movements. Compared to Day Trading, scalping places more emphasis on technical analysis than fundamental techniques. Therefore, it’s very common for scalpers to be dependent on candlestick chart patterns, support and resistance levels, as […]
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 […]
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 […]
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 […]
In the context of finance, a moving average is a technical indicator that calculates the price points of an asset within a specified time frame — which in most cases, a 200-day period timeframe is used. By doing so, traders can determine the trajectory of the current trend while also […]
In 1994, Tushar S. Chande and Stanley Krolla published a book called “The New Technical Trader” — which explains a derivative of the Relative Strength Index or RSI called the Stochastic RSI. The two developed this indicator in order to increase sensitivity and to generate more signals than any traditional […]