Binance Trading Bot by SMARD
This article provides an overview of the Binance trading bot developed by the SMARD team. It explores the bot’s main features and capabilities, including automated execution of trading strategies and risk management. SMARD offers users fully automated strategies to optimize trading. The bot is designed for both novice and experienced traders looking to enhance the efficiency and profitability of their cryptocurrency market operations.
What is?SMARD?
SMARD is a trading enhancement software that allows clients to automatically trade on their accounts using professional level trading algorithms. SMARD focuses on providing solutions for long-term investments to balance profitability and risks in highly volatile markets.
What is?Binance?
Binance is one of the world’s largest and most popular cryptocurrency exchanges, known for its wide range of digital assets and innovative trading features. Founded in 2017, Binance has rapidly grown to become a central hub for cryptocurrency enthusiasts, offering various services such as spot trading, futures trading, staking, and more.
How Does the Binance Trading Bot?Work?
Binance Spot Trading?Bot
The strategy is grounded in empirical research and aligns with the quantitative momentum investing principles outlined in a research paper. It aims to achieve favorable risk-adjusted returns within the cryptocurrency market. By leveraging the well-documented momentum effect observed in financial markets, this approach seeks to profit from the tendency of well-performing assets to maintain their upward trend and the propensity of underperforming assets to continue their decline.
Methodology
1. Liquidity
The strategy exclusively trades the top 50 cryptocurrencies by market capitalization in order to ensure enough market liquidity to enter and exit a position. These instruments carry stability and predictability, attributes that may be lacking in smaller, more volatile cryptocurrencies, especially during major market moves.
2. Strong Trends
The strategy focuses on trading instruments that demonstrate strong trend signals and do not show excessive intraday volatility, which is attributed to frequent bi directional moves. By leveraging the knowledge of benchmark volatility, the strategy identifies price consolidation trends and manages the position size accordingly to minimize potential losses.
3. Stop Losses
Effective risk management is achieved through the use of stop losses, both fixed and trailing. Depending on prevailing market conditions, the strategy selects the most suitable combination of stop losses to safeguard trading positions.
Binance Futures Trading?Bot
The trading bot utilizes the momentum effect and aims to profit in bull and bear markets using futures contracts. The portfolio is formed from the 30 most liquid futures contracts and rebalances it periodically. Thus, it capitalizes on large market movements in the direction of the portfolio, as it is already in the best position.
Methodology
1. Portfolio structure
In alignment with portfolio theory, this strategy employs diversification to mitigate the risk associated with the failure of any single instrument. Consequently, the strategy assembles a portfolio consisting of the 30 most liquid futures contracts. The size and position of each contract are determined based on its past performance over a specific, meticulously calibrated timeframe.
2. Flexible portfolio rebalancing
Based on the concept of the momentum effect, SMARD dynamically rebalances the portfolio on a periodic basis using the principles of portfolio construction and every time builds the most optimal portfolio for future returns based on probability statistics.
3. Independence from market trends
The strategy is designed to trade both long and short positions. This allows the algorithm to take advantage of opportunities in both bull and bear markets, making it resistant to market trends.
How to Launch Binance Trading Bot by?SMARD
2. Go to the Binance details page in the “Accounts” section and click on the “Connect my account” button.
3. Go to your exchange account settings and create new API keys
4. Finally, you should copy/paste both the API Key and the Secret Key in the “Accounts” section of your SMARD account and specify the amount to be traded.
Frequently Asked?Question
Do Binance trading bots work?
SMARD trading bots may have temporary drawdowns, but over the long run it shows high performance.
What do you need to start using Binance trading bots by SMARD?
No 3rd party fund transfer or prepayment is required to start using the bot. Connection to the strategy is done via API without access to withdrawal. The minimum amount to start is 1000 USDT.
Do I need programming skills to use a Binance Trading Bot by SMARD?
No, SMARD provides fully automated strategies that require no additional setup or programming knowledge.
Telegram?—?https://t.me/smard_club
Twitter?—?https://twitter.com/smard_club