How to select a Strategy that’s right for you
This tutorial shows you how to select a Strategy that’s right for you.
Prerequisites
Before you begin, check the following:
- You have an Explorer, Adventure, or Hero subscription
Select a Strategy that’s right for you
- Go to your Cryptohopper account.
- Click “Marketplace”.
- Click “Strategies”.
- Choose a Strategy you want to investigate.
- Click on that Strategy. Now you’re on the page with more information about the Strategy.
- Click “Overview” and go through it.
- Click “Backtest” and go over it.
- Click “Reviews” and go over it.
Strategy’s page
Overview
Here you can find a lot of information to see if the Strategy is the right fit for you. In the example below you see the average holding time is 12 hours. It can be considered a day trading Strategy.
Backtest
Select your exchange and a trading pair to Backtest the Strategy. You see a graphic and the results in of Backtest. You find the highest possible profit, the average possible profit, and the total buy and sell signals. Reviews. Here you find what other trades think of the Strategy.
Extra information
Important: Marketplace Sellers and Signalers are not allowed to manage your account fully. Never share your API Keys as well as password for safety reasons. Most sellers offer support through various channels, including email (however, they are not required to). Please use screenshots only and do not provide them with the password to your account when in touch with them.
If you are unsure of the level of support, you can always contact them before purchasing their service. You find the contact details by clicking on any of their items in the Marketplace.
If you like the Strategy, make sure to leave a rating!
Automatic updates
Many Strategies come with automatic updates. This means that when the Strategist tweaks his Strategy, your bot will automatically be updated to the latest version!
Once the updating period is over, your Strategy will not stop working. It only stops being automatically updated. To receive further updates, you need to purchase the Strategy again.
