ENGINES
PowerTrader provides 5 Engines for determining when and which coins to buy (Telegram Signals Listener can also control selling). You can run multiple engines at the same time on one setting, but if you are running Always_Buy on a setting, the signals from the other engines will be nullified on that particular setting.
1. Neural – Our Machine Learning Pattern Recognition system
2. Our Strong_Buy Algorithm (Python Code Here) (Coin Collector only)
3. Our Strong_Sell Algorithm (Python Code Here) (Coin Collector only)
4. Always_Buy (Python Code Here) (Coin Collector only)
5. Telegram Signals Listener (Coin Collector only)
The code files for some of these Engines are provided Open Source. All the normal Open Source laws/rules apply. Help us help you! We are always open to upgrade ideas!
NEURAL PATTERN RECOGNITION
This engine tells the bots to start a trade depending on the pattern it is currently seeing on the price movement. This could be a Long or Short trade, just depending on what Neural sees at the time (Only Longs get sent to Coin Collector because CC does spot trading). Neural learns new patterns as time passes and adds them to its repertoire.
STRONG_BUY ALGORITHM
This engine tells the Framework to buy a coin right when the 1hr Summary Gauge Indicator on TradingView turns to Strong Buy, but only if the 1hr RSI is below your RSI amount choice. It is good for catching potential pumps.
STRONG_SELL ALGORITHM
This engine tells the Framework to buy a coin right when the 1hr Summary Gauge Indicator on TradingView stops being Strong Sell, but only if the 1hr RSI is below your RSI amount choice. It is good for catching hard dips.
ALWAYS BUY
This engine continuously sends the buy signal to the Framework for each of the coins on your Trade-Only list. This is great for using as a DCA engine because it will buy coins as soon as they are eligible for DCA.
TELEGRAM SIGNALS LISTENER
This Engine is a Telegram bot that listens for signals from Traders that provide trade signals over Telegram Channels. As soon as it receives the signal on Telegram, it tells the Framework to buy or sell whichever coin was signaled. The Signal Listener will only work with Signal Providers that provide signals in the Coin Collector format.
The Coin Collector signal format is simply:
KUCOIN BTC BUY
BTC can be replaced with the symbol for any coin available on Kucoin that is paired with USDT.
BUY can be either BUY/DCA/SELL.
Users can choose to have the Listener ignore SELL signals.
Current Compatible Signal Providers:
TO SIGNAL PROVIDERS –
You can fully automate your Kucoin signals simply by sending them in the Coin Collector format to a Telegram Channel and having your users create PowerTrader accounts!
TO USERS –
You will need to follow the setup directions to use the Telegram Signals Listener. You can run it alongside the other Engines or by itself.
PowerTrader’s Coin Collector bot and WaveRider Futures Hedging Bot are nothing more than tools, and you are FULLY responsible for using these tools properly. There are always risks involved with trading and investments. You should still manage your portfolio, only run the bots when you feel it is safe to run them, and only invest what you are willing to lose. Past performance does not guarantee future results. We do not provide refunds. We do not provide reimbursements for any matter. We are not providing investment advice. We are only providing software and subscriptions to use the software.