Prepare and adapt.
Set triggers that respond to market conditions. Define what should happen to trigger an action.
- PrepareSet the condition.
- AdaptDefine the action.
- Wait before it resets.On change
Define when your trigger should take action. Get in action after a price change, or even use technical indicators to start the trigger.
I personally think that Cryptohopper is one of the best trading bots for beginners or professional traders as it provides a lot of customization but remains easy to use. One of the things I find...
Define the action your
trigger should initiate.
When the criteria are met, this should result in an action. This could be as simple as an email that should be sent, or it could even disable buying or activate another Hopper.
Great things come
out of patience
Wait for a while once your trigger was fired, to prevent double triggers.