Donchian channel strategy trading bot is designed for trading the breakout of the Donchian channel (also known as the Price Channel).
Cryptocurrency is a trending instrument. That is why breakouts generate the largest profits, and the Donchian channel breakout strategy is considered one of the most effective one.
The picture below shows how the Binance bot works:
A profitable Binance bot executes the Donchian Channel breakout strategy. A number of detailed settings implemented in the bot gives maximum flexibility and optimization options. Thus, you can individually adjust each trading pair using the most effective parameters.
You can download a strategy script for TSLab. It is much more convenient to optimize parameters for the trading bot there.
To get support with bot settings, join our Group Chat. These settings are publicly available.
Read more about the Binance Futures trading bot in the instruction or watch the video:
Donchian Channel Strategy Trading Bot is absolutely FREE
Basics. To start trading with a free bot, follow the link and download the archive. Unpack all files from the archive to a folder, and launch the bot from there. Password for the archive with bots – algo. Enter the API keys in the bot and launch it. The bot is adapted for trading either using a remote server (recommended) or your computer. Enter the API keys in the bot and launch it. During the activation process the bot checks the account whether it is available for free trading or not. The details on opening an account for each exchange are below.
As for the API keys, make sure trading operations and access to the futures section are enabled and funds withdrawal is disabled for security reasons.
Account requirements. To access the bot, you must register using the project partner link https://www.binance.com/ru/futures/ref/algo.
All Binance bots will be available through this link. Also, you will receive an additional 10% discount on the fee.
When connecting, the bot independently checks the account whether it is available for free trade or not. Therefore, you do not need to contact support for permission, license, etc., just download, unpacked, launched and make a profit.