TRADING ALGORITHM
The bot is a Trend following bot, meaning if it spots a trend it will buy or sell depending on the direction of the detected trend. It also has a few more buy and sell types, all of which are listed below:
Trend buy – buying when it Detects that the market is rising
Trend sell – selling when it detects that the market is falling
Scalp buy – aiming to buy after a large drop as near to the bottom as possible.
Spike sell – detecting what it thinks is the top after a large climb. Opposite of scalp buy in essence.
Profit sell – meaning that if the bot is holding onto a large profit (typically 8%+ for the trade) then it will aim to sell if it detects the market shifting direction to lock the profits in before the trend turns.