Bot 2 - Paul
Complete information for the Paul(Bot2)
The main features of Paul
Patient, reliable and low risk, Spot market, Average number of 8 trades per month
The average monthly profit is 7.7%. (this number may change in the future)
Paul is one of Egan's low-risk bots that buys cryptocurrencies at price floors and sells at higher prices in the spot market according to its algorithm. Paul is less risky than other bots because it does not use leverage and on the other hand, since the positions are done on the spot, the number of positions is less and sometimes requires more patience.
Due to the volatility of the cryptocurrency market, this bot can make good profits, but only in bullish and positive markets. In falling markets, the number of positions will be very few.
Paul is like a commander who patiently examines the situation, chooses the least risky path and moves his asset portfolio with various orders towards the goal of "adequate return". Egan's artificial intelligence helps Paul to do the best configuration, settings and validity of the signals and to have a good idea in the bullish markets.
How does the Paul algorithm analyse the market?
Paul's algorithm uses the tools mentioned below to analyze and trade in the market, with the difference that Egan's artificial intelligence regularly calculates the best input values and configurations necessary for profitability and validates zones and points. It performs valid trades. For this reason, the Paul bot selects the best zones with the lowest risk for trading
The basis of Paul's bot algorithm is as follows:
- ichimoku cloud
- Divergence
- Adx
- volume analysis
One of the most important features of Paul is managing risk and assets to open positions regarding market risk. All trades are opened in propere volume, logical stoploss limit and constant monitoring.
Also, this bot tries to reduce the loss by doing special operations using risk management methods
This feature ensures you that Paul protects your assets and does not let it be involved in high risks
Daily Results of the bot.
| Name | Date | Profit |
|---|---|---|
