Kaktana: Safe and Secure Crypto Trading Bot for Bitmex and Binance?
What Is Kaktana?
Kaktana is a configurable trading bot that enables users to define their investment strategies and trade automatically based on the user’s preset conditions of entry and exit positions. The bot seeks to provide all users irrespective of their experience level with access to the best tools in the market that ensures that strategies implemented by the users are the most profitable.
The trading bot will include charts that represent stop loss lines and technical indicators, a price chart equipped with simulated buy and sell orders, as well as a list of the user’s previous bot’s performance, including a comparison with a simple “buy and hold” strategy.
How Kaktana Crypto Trading Bot Works
Kaktana will mainly automate the “turtle” trading strategy, which is one of the simplest and most profitable trend following strategies. The rules followed by the turtle strategy is that users should buy when the current trading price of the cryptocurrency is higher than the maximum of the highs of the last 30 candles and they should sell when the current trading price is lower than the minimum of the closes of the last 20 candles.
In order to automate the turtle strategy, users are required to create a new bot and input the trading strategy rules. Users can customize the trading strategies by adjusting the parameters such as time periods, intervals, or additional indicators. In case users find difficulties when creating a new bot, they can select one of the pre-made strategies.
The Kaktana trading bot can enable users to backtest strategies, which is where users utilize historical data to reconstruct past trades that would have occurred using the rules defined by a particular trading strategy.
Additionally, Kaktana will feature a sandbox purse that can be integrated with Telegram notifications so that when the user’s bot purchase terms are met, the user will immediately receive notification without having to provide the platform with direct access to their funds.
Why Choose Kaktana?
On Kaktana, users will leverage the power of the past, which is a trading system development component that optimizes and improves the user’s trading strategies while eliminating any technical or theoretical errors in the strategies. Backtesting also provides users with the necessary confidence they need in their strategies before applying them in the real world markets.
Automate Your Strategies
Kaktana enables users to create their own custom automated strategy without the need of any line of code, which will have numerous benefits such as elimination of emotions out of the trading process, consistency, improved order entry speed, diversification of trading, and many more.
With Kaktana, users can build their own trading strategies using the intuitive strategy editor. Users will have access to over 110 indicators such as MACD, EMA, RSI, Bollinger Bands, Stoch, ADX, and SAR, which are refreshed after every 30 seconds. This ensures that the user’s profits are maximized.
Utilization of Kaktana trading strategies eliminates the need for users to continuously watch the cryptocurrency market since the strategies are always automatically running and the capital will follow the user’s orders. The bots are designed in such a way that they notify the users of any action through email or via Telegram.