We're hosting the Coygo Forge Hackathon 2022 to see what trading bot strategies you can build. Multiple submissions will receive awards - you could win more than once!
Uses the well-known "grid" swing trading strategy that systematically submits buy and sell orders at pre-defined price levels. Grid Trading is typically considered to perform best in volatile markets when prices fluctuate within a specific range.
Alternates between buying and selling to “ping pong” back and forth as the price moves, attempting to profit off of market recoveries after a quick price drop. This strategy will try to increase profits by following a market trending upwards or downwards before buying or selling, with stop-loss and take-profit triggers in place to lock in profits and avoid losses.
Find triangular arbitrage opportunities that start and end with a balance in the “Starting asset”. Orders are submitted to three markets (trade pairs) when the cross-rate is overvalued. This allows you to perform arbitrage immediately on one exchange.
Submit arbitrage trades to two exchanges in parallel when a favorable bid-ask spread (price difference) is detected. This allows you to perform arbitrage immediately without transferring between exchanges. Trades are done in both directions, bought on either exchange if a favorable spread is found and sold on the other exchange.
A simple market making strategy that attempts to profit off of the bid-ask spread. Submits one limit buy order at or near the current ask rate. Submits one limit sell order at or near the current bid rate. When either order is filled a new order will be submitted at or near the new ask/bid rate.
A swing trading strategy that focuses around a static midpoint rate, buying and selling as the price fluctuates around this midpoint.
Repeatedly rebalances a portfolio of 5 coins to desired proportions. This attempts to reduce risk by spreading exposure across multiple assets, and to profit off of the volatility between the selected coins by constantly selling high and buying low. This is a well-known strategy that has been used for decades in traditional markets, now adapted to fit the needs of cryptocurrency day traders.
Visit Coygo Bots in the app to see all available trading bot strategies.