Quadency trading bots are the flagship feature of the platform.
There’s support for 8 ‘simple’ bots and 4 pre-made advanced ones. You can run automated trading strategies in a few clicks or code your own strategies using Python (requires access).
The Quadency bots are both in-depth and accessible; you can use the pre-defined settings and/or tweak them in any way you like to achieve optimal performance. The platform allows you to run up to 20 bots at the same time with the option to increase the limit upon request. Mind that each bot is limited to one trading pair.
Let’s go through the bots offered here.
- Smart Order — this bot is specifically made for placing trailing or fixed stop-loss and profit target orders. It works by opening a position and constantly monitoring the market to mitigate your risks and ensure gains. It stops once the position is closed.
- Accumulator — commonly known as DCA or dollar-cost averaging, this strategy implies periodically buying the asset in small, portioned chunks in order to achieve moderate profits and mitigate losses caused by volatility.
- MACD — The MACD (Moving Average Convergence Divergence) indicator shows the relationship between two other moving averages of the coin’s price. This indicator is very popular and is at the foundation of technical analysis.
- Mean Reversion — this bot is based on the RSI or Relative Strength Indicator level. This indicator shows when an asset is overbought or oversold (i.e. whether the demand for it is too high or too low). The bot buys when the coin is oversold and sells when it’s overbought. This one’s one of the most ‘surefire’ indicators out there.
- Bollinger Bands — Bollinger Bands are both fun to look at and very efficient in trading. The bot buys when the price dips below the lower band level and sells when it’s over the above one (akin to the RSI strategy).
- DMAC — The Dual Moving Average Crossover indicator tells when the two other moving averages of an asset’s price cross; that moment usually foretells a change in price dynamics, and is a strong indicator to buy. The bot enters a position when the Short Term Moving Average crosses above the Long-term one and closes the deal on a pre-set condition.
- Multi-Lever RSI — this is a complex strategy that involves long positions, DCA, and shorting tactics — all revolving around the pre-defined RSI levels.
- Market Maker — with this bot, you get to be a Market Maker and create market activity by placing both Buy and Sell orders on pre-set conditions and making profits on the bid-ask spread.
- Grid Trader — grid trading is a fairly common practice in algo trading. In it, you set up a grid of orders placed at even intervals, thus taking advantage of any price movement, whether it’s up or down.
- Portfolio Rebalancer — this approach is about creating a diversified portfolio and setting its allocation limits. The bot will dynamically monitor market conditions, adding more of some assets and getting rid of others.
- Market Maker Plus — basically an advanced version of the Market Maker bot that’s capable of handling up to 200 orders at once and has other features.
- TradingView Bot — allows you to hook up your TradingView account and execute buy & sell orders based on the signals your set there.
- Strategy Coder — this is a tool for coding your own strategies using Python. You need to request access before being able to use it.
Each bot has a variety of features and signals that you can set up and adjust; you can also save multiple configurations of a single bot, seamlessly cycle between them, and choose which one to launch.