WAYBETTERTRADE TRADING SIGNALS
In this post we want to give you a brief insight into how our trading signals are communicated to you.
Basically, there are two different types of signals. One is buy signals, and the other is sell signals. As the name suggests, you can use these signals to support your decision to buy or sell a coin.
You should not just blindly trust our signals, but always make your own picture of the market. Our signals can be a guide for you. The algorithm analyzes various technical indicators such as RSI, MACD, ICHIMOKU and EMA to detect a trend in the market.
However, our signals are by no means reliable predictions for future price developments. However, based on the performance of the last months, we can claim to clearly beat the market.
The signals reach you by default via e-mail. If you have a Pro subscription, you can also have them sent to your cell phone via SMS.
In your profile you can set for which coin you want to receive the signals.
In the Basic subscription you can select one coin, in the Pro subscription up to 10 coins.
HOW OFTEN DO I RECEIVE SIGNALS?
Our algorithm was developed to detect medium-term trend changes in the charts, which means that you will not be bombarded with trading signals every day, but will receive about 10-20 signals per coin per year. This also means that several days and even weeks can pass between a buy and sell signal.
SALE SIGNALS WITH LOSS
It also happens that we send you sell signals and the trade is closed with a minus. In this case, the trend reversal has not been confirmed. The share of losing trades is between 50 and 65% depending on the coin. This means that you often make more losing trades than winning trades. This is also normal. What counts is the overall result after several trades. In the article Signal Performance you can see the performance of the individual coins.
BUY SIGNALS BY MAIL
The buy signal is structured as follows: In the subject of the email and as a headline you have briefly summarized what kind of signal it is. Here in the example you see a buy signal for ETH/USD.
Since it is very unlikely to hit the exact price of the signal, we have defined a price range of +/- 0.5% for the signals. I.e. in the example the signal was triggered at 1764 USDT and we recommend a buy in the range between 1755.18 and 1772.82 USDT.
If you have specified an exchange in your profile on which you want to execute your trades, you can click in the signal to register directly there on the exchange and implement the trade.
A buy signal is equivalent to a LONG position. This means that one bets, often with a leverage on rising prices. Accordingly, when a buy signal is received, it is recommended to close a SHORT position.
SALE SIGNALS BY MAIL
The sell signal is structured exactly like the buy signal. In the subject of the email and as a headline you have briefly summarized what kind of signal it is. Here in the example you see a sell signal for BTC.
Since it is very unlikely to hit the exact price of the signal, we have defined a price range of +/- 0.5% for the signals. I.e. in the example the signal was triggered at 19381 USDT and we recommend a buy in the range between 19284 and 19378 USDT.
If you have specified an exchange in your profile on which you want to execute your trades, you can click in the signal email to register directly there on the exchange and implement the trade.
A sell signal is equivalent to a SHORT position. This means that one bets, often with a leverage on falling prices. Accordingly, when receiving a sell signal, it is recommended to close a LONG position.
SIGNALS BY SMS
In the Pro subscription it is also possible to receive the trading signals via SMS. This makes it possible to receive the signals even if you don’t have internet or switch it off at night.
In addition, every week on Sunday you will receive a trading overview with the performance of the last week. In addition to the individual values for your selected coins, this also includes a total overview of all triggered signals of the last week and a long-term performance report. This weekly overview is sent to all registered users, regardless of whether they have a Free, Basic or Pro subscription.