UPDATE
Since the end of 2017, Bittrex has launched the rules for the cancellation of orders placed for more than 28 days. Melict Trader made an upgrade when Bittrex orders are re-issued after 20 days! You don't need to worry about their lifetime.
Topic: [BOT] Melict Trader (melict.com) [Official Thread] (Read 177 times)
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Melict Trader is a service that extends the existing functionality of crypto-exchanges. Many traders are faced the situation when you need to place an order at a lower price to buy at a lower levels. The exchange blocks the deposit so that the purchase is guaranteed and the order is placed in an order book until the price reaches the required level and the purchase happens exactly at that price. In case there is a large volume for purchase, the price can go up and partial purchase will take place.
In the service, it is possible to run an algorithm that monitors the price changes, and once the deals reach this price, the algorithm will calculate the volume of redeemable orders depending on the amount of the transaction and will make a purchase on an order book from the sell offers column (Asks). The purchase will take place instantly without any residues. With this approach, we are not blocking funds, and while we expect the price to fall, the same money can be used to make other faster purchases and sales, which will increase the profit. The second advantage of the approach: using this technique, you can put on purchase more coins than we can afford to buy. Those that reach the required level faster are purchased. Perhaps they can be sold even before the prices for other coins drop.
Before running the algorithm, you need to set the purchase prices, as well as sales levels. Thus, while you are sleeping, the running algorithm can make a purchase, then immediately put up a sell order and reach profit. On the exchange, each operation must be consistently set up manually.
On the exchange you can set a stop-loss - the level of price at which the coin will to be sold, if it falls. But at the same time, the deposit for the order is blocked again. We cannot sell without canceling the order. If a sell order is set, you must manually cancel it before you sell the coins. Advanced traders use third-party mobile applications to hear a beep when the price reaches that level, immediately cancel the order and sell coins manually. Melict Trader struggles to eradicate this disadvantage. When starting the algorithms, it is necessary to specify the stop-loss upon which the coin will be sold, and the stop-loss varies depending on the take profits achieved. That is, when you reach the first take profit, you can put a stop-loss exceeding the purchase. You can go to bed and turn off all the beeps!
The second goal of the Melict Trader service is to receive signals from third-party sources and to perform automatic purchase and sale. The service is not responsible for the reliability of signals. You use them at your own risk. It is better to learn to trade on your own, if you have time.
Main features of the Melict Trader service:
- 20 free test algorithms to understand how the service works. You can test all the functionality of the service and evaluate its benefits on your own experience.
- Work with Binance and Bittrex exchanges. Service is actively developing and will be connected to new top exchanges in the near future.
- Use the strategies of leading financial crypto-analysts in automatic mode! Just subscribe to Telegram signals, and Melict Trader will make a purchase, set take-profits and automatically drop the coin on the stop-loss, if it's necessary.
- Possibility of simultaneous setting of stop-loss and take-profit. For example, you can choose the option "buy when a certain price is reached" by setting stop-loss and stepwise targets.
- Built-in protection against "dumping". If the order has not managed to work out, the service will re-order warrants until the asset is fully sold faster than any person. Thus, there are no suspended orders, and it is impossible to go into a big minus when the market falls. Service always tries to sell with profit!
- - Regular updates of signal channels list. We are looking for the most relevant and successful channels and negotiate about connecting them to our service.
- Complete security of your funds. API access does not allow you to perform operations on the input/output of your deposit.
- The service is optimized for iOS and Android mobile devices.
- Technical support 24/7 and active community. We are always ready to answer your questions in the chat. We are also open to discuss the latest market trends, to share experiences and earn money together!
Test for free with social network authorization!
Melict Trader is a service that extends the existing functionality of crypto-exchanges. Many traders are faced the situation when you need to place an order at a lower price to buy at a lower levels. The exchange blocks the deposit so that the purchase is guaranteed and the order is placed in an order book until the price reaches the required level and the purchase happens exactly at that price. In case there is a large volume for purchase, the price can go up and partial purchase will take place.
Algorithms
In the service, it is possible to run an algorithm that monitors the price changes, and once the deals reach this price, the algorithm will calculate the volume of redeemable orders depending on the amount of the transaction and will make a purchase on an order book from the sell offers column (Asks). The purchase will take place instantly without any residues. With this approach, we are not blocking funds, and while we expect the price to fall, the same money can be used to make other faster purchases and sales, which will increase the profit. The second advantage of the approach: using this technique, you can put on purchase more coins than we can afford to buy. Those that reach the required level faster are purchased. Perhaps they can be sold even before the prices for other coins drop.
Before running the algorithm, you need to set the purchase prices, as well as sales levels. Thus, while you are sleeping, the running algorithm can make a purchase, then immediately put up a sell order and reach profit. On the exchange, each operation must be consistently set up manually.
On the exchange you can set a stop-loss - the level of price at which the coin will to be sold, if it falls. But at the same time, the deposit for the order is blocked again. We cannot sell without canceling the order. If a sell order is set, you must manually cancel it before you sell the coins. Advanced traders use third-party mobile applications to hear a beep when the price reaches that level, immediately cancel the order and sell coins manually. Melict Trader struggles to eradicate this disadvantage. When starting the algorithms, it is necessary to specify the stop-loss upon which the coin will be sold, and the stop-loss varies depending on the take profits achieved. That is, when you reach the first take profit, you can put a stop-loss exceeding the purchase. You can go to bed and turn off all the beeps!
Channels with signals
The second goal of the Melict Trader service is to receive signals from third-party sources and to perform automatic purchase and sale. The service is not responsible for the reliability of signals. You use them at your own risk. It is better to learn to trade on your own, if you have time.
Trading History
This is the trading history. Please note: for profit calculation the exchange fee is taken into account and the net profit is shown!
For detailed instructions on using the service check the "Information" tab - www.melict.com/en/info
Main features of the Melict Trader service:
- 20 free test algorithms to understand how the service works. You can test all the functionality of the service and evaluate its benefits on your own experience.
- Work with Binance and Bittrex exchanges. Service is actively developing and will be connected to new top exchanges in the near future.
- Use the strategies of leading financial crypto-analysts in automatic mode! Just subscribe to Telegram signals, and Melict Trader will make a purchase, set take-profits and automatically drop the coin on the stop-loss, if it's necessary.
- Possibility of simultaneous setting of stop-loss and take-profit. For example, you can choose the option "buy when a certain price is reached" by setting stop-loss and stepwise targets.
- Built-in protection against "dumping". If the order has not managed to work out, the service will re-order warrants until the asset is fully sold faster than any person. Thus, there are no suspended orders, and it is impossible to go into a big minus when the market falls. Service always tries to sell with profit!
- - Regular updates of signal channels list. We are looking for the most relevant and successful channels and negotiate about connecting them to our service.
- Complete security of your funds. API access does not allow you to perform operations on the input/output of your deposit.
- The service is optimized for iOS and Android mobile devices.
- Technical support 24/7 and active community. We are always ready to answer your questions in the chat. We are also open to discuss the latest market trends, to share experiences and earn money together!
Test for free with social network authorization!
Telegram chat | Facebook | Twitter
E-mail: [email protected]
Telegram chat | Facebook | Twitter
E-mail: [email protected]
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