Overview of the Best Crypto Signals 2022

Cryptocurrency trading is gaining tremendous momentum since today the trading process is much easier, and even traders who have no experience can profit from this type of activity. All this is due to the fact that traders can trade not only manually, where the appropriate skills and knowledge are required, but also enter the trades using algorithmic tools.

One of the best tools is considered Crypto Signals. This feature is represented on the Cryptorobotics trading platform and greatly simplifies the entire trading experience, and helps traders enter the trades while minimizing risk. Before giving you a complete guide on how to use Trading Signals on this platform, let’s take a closer look at what this feature means and how it works.

What are Crypto Signals?

Crypto Signals are an algorithmic tool designed to enter the trades according to the analysts’ forecasts generated by analysis. The essence of this function is that the analyst reports to a trader about possible profitable trades on crypto exchanges. The orders could be executed automatically by setting all parameters according to the analyst’s prediction or you can change the setting in keeping with your own preferences. The function “Trading Signals” can be suitable both for beginners and experienced traders. This type of algorithmic trading helps experienced traders save time to find out new profitable trading strategies and gain skills and knowledge in crypto trading for newbies. In addition, this feature fully automates the crypto trading process and makes it easy to generate a profit as well as mitigate all the risks.

How to use Crypto Signals on the Cryptorobotics platform?

To start using Crypto Signals on the Cryptorobotics platform, every trader should implement these steps.

• Sign up.

• Pick the “Algotrading”.

• After that, click on “Signal Trading”.

When these steps are completed, you will receive access to the list of all analysts’ channels and statistics of the execution of their signals.

Here are available two buttons: All Channels, and My Channels.

To see the entire list of analysts’ channels, it is necessary to click on the “All channels” button. If you wish to view the channels to which you subscribe, you should press “My Channels”.

What should you know before starting to use Crypto Signals?

Before subscribing to one of the analysts’ channels, you should study all the relevant information about each channel (analyst). That is, you need to pay attention to their trading statistics and the price of a subscription per month.

In analyst’s channels, you can receive the following data:

• A concise channel’s description.
• The total quantity of subscribers.
• The general amount of signals.
• The availability of active signals at the moment.
• The overall amount of successful signals.
• The average profit, which is specified in percentage.
• Total profit (the overall number of all profitable signals);
• The subscription price per month.
• “Subscribe” button (if a user doesn’t subscribe to the channel).
• “View statistics” button. View statistic button allows traders to see more information on signals of a certain channel.

In order to start using Signal Trading, you need to subscribe to the channel that you are interested in.

If you have a subscription to the channel, you can see the date of subscription expiration and the “Go to trade” button.

When you press the “Go to trade” button, you will appear on the channel’s page.

On the channel’s page, you will get access to the following data:

• Short stats of the channel.
• The button that provides you with extended access to the analyst’s channel.
• Detailed statistics for all signals.
• Percentage of target achievement.
• Dynamics of signals that bring profit.
• The general amount of signals.
• The general number of successful, unsuccessful, and active signals.
• Percentage of achievement of signal targets.

The analyst provides a signal with the target to fix the profit. There could be several targets (T1, T2, T3 …) that are indicated for every signal.

These statistics provide you with the opportunity to study all risks and possibilities of getting returns. Therefore, you can select the most gainful strategy for following the signals.

• Dynamics of generated returns from signals in % for every day

The chart shows the arithmetic mean of all income for the targets that were executed on the indicated date. When calculating the profitability of signals, only completed targets are taken into account.

You can view statistics by selecting any interests you date.

In addition, you have the ability to check the statistics of your trading on the signals of a certain channel. All previous trades (open, successful, unsuccessful, and canceled) are included in the statistics.

• Actual signals.
• Signal history.
• My trades.

How to launch the Crypto Signals function on the Cryptorobotics platform?

Crypto Signals are not only easy to use but this function can be set up with just one click. Let’s take a closer look at how it works.

1. There will be specified the following parameters in order:

• Exchange;
• Buy price;
• Quantity;
• Sell ​​target (Take Profit);
• Stop Loss.

In order to put the signal into action, you don’t need to waste your time configuring a huge number of parameters manually as all of them have already been selected by the system. If you want to fix any settings, then you can edit them and move away from the analyst’s strategy.

1. All you need to do is just indicate the amount of the trade and the target on which to exit the trade. You can specify them in a form with settings or directly on the chart.

This is all you need to quickly launch signals. You can also customize the @Cryptorobotics_Signalbot according to your preferences to learn about new signals that come to the system.

Conclusion

Crypto Signals are one of the most effective algorithmic trading methods that can not only generate income but also minimize losses. Also, thanks to trading by signals, traders can save time looking for new trading strategies. This feature is especially suitable for those new to the cryptocurrency world and can help to better understand the market. The most important thing for traders is to study the analyst statistics before subscribing to the analyst channel.