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When creating a trader, you choose which trading strategy it should follow. BitBrokerTrade offers two strategies: the BitBrokerTrade strategy (based on the MACD indicator) and the Updown strategy (based on minute-by-minute prices). Both strategies work fundamentally differently, the right choice depends on your trading preference and the market conditions.

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The BitBrokerTrade strategy

The BitBrokerTrade strategy is based on the MACD indicator (Moving Average Convergence Divergence) and works with 15-minute candles. The strategy follows the broader price trend and only trades at key moments.

Buy

The trader buys only at the moment a rising price trend begins, that is, when the blue MACD line crosses the red signal line upward.

Sell

The trader sells only at the moment the price trend switches from rising to falling, that is, when the blue line crosses the red line downward.
Because the strategy works with 15-minute candles, a maximum of one buy or sell moment per 15 minutes can be generated. This ensures a quieter trading profile with fewer transactions but more weight per signal.
The BitBrokerTrade strategy is especially suitable if you prefer a stable, trend-following system with fewer transactions and a longer time horizon per position.

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The Updown strategy

The Updown strategy does not follow a MACD trend calculation, but simply checks whether the current minute’s price is higher or lower than the previous minute’s. The strategy works with 1-minute candles.

Buy

Every minute the average price is determined. Is it higher than the previous minute? Then the Updown strategy generates a buy signal. The first purchase takes place immediately after activation of the trader, provided the price is rising at that moment.

Sell

Is the average price of the last candle fundamentally lower than the previous candle? Then the strategy generates a sell signal. As long as the price is still rising, the Updown does not sell, it waits for a real downward movement.
The buy amount is 18% of your free euro balance (or the fixed amount you set), with a minimum of € 50 per transaction. A maximum of one buy or sell moment per minute can be generated.
The Updown strategy is especially suitable if you want to benefit from higher activity and more transactions in a volatile market.

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Comparison

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Common behavior

Regardless of which strategy you choose, the following always applies: a buy or sell signal is only acted upon if all your individual trader settings are met. The strategy determines the signal moment, but the settings determine whether the signal actually leads to an order.
On each signal, the trader checks the following settings:
  • Minimum profit percentage: is the current return high enough to allow selling?
  • Maximum open buys: has the maximum number of open positions not yet been reached?
  • Price ceiling (stop buying above): is the current price below the set ceiling?
  • Minimum percentage between transactions: is the price difference from the previous purchase sufficient?
  • Average buy amount: is there enough euro balance available for a new position?
Only if all relevant conditions are met does the trader send an order to the exchange.

Set up a trader

Add a trader and configure all settings step by step.

How does the trader work?

Read more about the MACD method and the trader’s decision process.