Are you looking for a great trading software? In case you are, you have to be really careful when looking for the right one because most of them are scams or plain bad software. Today we will review the Trading View Auto-Trader. Is it any good? Read the review and discover.
TradingView AutoTrader Features
This software supports Kraken, Poloniex and Bitstamp. In the near future, it will also support Bitfinex and Bittrex. All the cryptos which are currently being traded at these sites are supported by the software.
The Trading View Auto-Trader also has “take profit” and “stop loss” options that you can use depending on which strategy you have chosen and you can enable SMS and email notifications with trading signals if you do not want to automate 100% the program.
The program has a user-friendly interface, 24/7 support and advanced strategies that you can use.
TradingView AutoTrader Investment Plans
There are a total of 4 different plans that you can use to access the Trading View Auto-Trader. Each plan offers basically the same features, the main difference between the plans is that they offer different prices for a different subscribing time. The more expensive plans end up being the cheaper ones because you will pay less per month:
- Bronze plan: $29 USD for one month;
- Silver plan: $139 USD for 6 months ($21,50 USD monthly);
- Gold plan: $199 USD for 12 months ($16,58 USD monthly);
- Platinum plan: $499 USD for lifetime access.
Using TradingView AutoTrader Crypto Service
After you buy the software or decide to use the trial for some time, you can create your account and start trading. You will need an account in one of the exchange platforms supported by the company before you start.
You have to choose a strategy before you begin. There are different levels that can be used. If you are more aggressive, you can win more money but you can also lose more if things go south. More conservative strategies will protect you more but the results will be slower.
To start trading you need the API of the exchange, capital, a chosen base currency and then installing the software on your computer to run it.
TradingView AutoTrader Conclusion
Our main issue with the Trading View Auto-Trader is that nothing indicates that this is a good software. It does not look like a scam, mind you, but it does not look like a trading software that will be really secure either.
Trading bots that are really good can be considerably expensive to create, so you will probably not find the best deals for 30 bucks monthly. A good software would be more expensive than that. Because of this, think twice about using the Trading View Auto-Trader and, if you do decide to use it, avoid automating everything, because trading by signals will minimize your losses in the worst case scenario.