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How To Place A Stop Loss On Coinrule

The world of cryptocurrency trading is quite thrilling, but it can also be time-consuming and overwhelming for many traders. This is the point where Coinrule comes in. Coinrule provides an efficient trading tool that helps traders stick to their crypto strategy without having to constantly be on the lookout for market trends. It is easy to use even for those with no programming experience, and offers many options that will boost your trading to the highest level.

Coinrule was founded in the year 2017 London by a group of blockchain and cryptocurrency enthusiasts. The company’s mission is at making trading cryptocurrency easier by offering an automated trading platform that is able to integrate securely with various exchanges. In December of 2020, Coinrule raised over PS500,000 ($700,000) on Seedrs, more than 200% above the amount it had set for.

One of the key aspects of Coinrule is the easy-to-use automated trading system. The cryptocurrency markets can be very volatile and it is often challenging for investors to stay up with the ever-changing charts. Coinrule allows traders to create trading rules, and then examines the market and make trades that match their plan of action. This allows traders to put their cryptocurrency trading on autopilot and not have to look over charts for hours.

Coinrule has built-in trading strategies that traders can choose from. There are more than 150 trading rules to pick from which makes it simple for both experienced and novice traders to find an approach that is suitable for them. Additionally, traders can pause rules at any time and they will receive free daily emails with signals for trading to help them adapt their strategy to the market.

Another wonderful feature of Coinrule is its backtesting capabilities. Investors can test their trading rules with historical market data by using TradingView. They can select the coin they plan to trade as well as the timeframe they wish to trade as well as the strategy for trading and see how many trades were opened and closed in addition to its net profits, the percentage of profit, maximum drawdown, and profit percentage. This can be an effective method to boost the trust of traders in the trading rules they design.

Coinrule is also compatible with a variety of reliable exchanges like Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex, and BitMEX. So, traders are able to use Coinrule seamlessly with any of these platforms.

Coinrule offers four pricing tiers, Starter, Hobbyist, Pro, and Trader, offering different options to traders of all levels. Prices vary from $0 to $499.99 per month, and traders can choose to pay monthly or annually. The yearly plans offer discounts up to 25%.

In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for a variety of trusted cryptocurrency exchanges Coinrule is a robust tool that will aid you in making the most of your trading strategy.