How does the UpDown Strategy work

In this strategy, the trader does not follow a MACD indicator (price trend determination) but takes positions with a price range of 1.5%, both in a rising and a falling market.

The first purchase under Updown Strategy is immediately after activating the trader, provided the price is rising.

The trader makes a purchase of a position amounting to 18% (minimum amount of € 50) of your free euro balance in the exchange (unless you have entered the average purchase amount, then that amount will be purchased), provided that there is a price range no other position is available from 1.5% up or down.

The trader sells the position as soon as the minimum return that the user has entered in his settings with the trader is met.

Updown strategy works with 1 minute candles. This means that the closing price on which Updown Strategy steers is determined once per minute. If this closing price is higher than the closing price of the previous candle, the Updown does not sell yet, after all, there is a rising price. He only sells when the last candle is fundamentally (in price) lower than the previous candle.

If he has made a sale, the next purchase is always outside the 1.5% price range of that sale.