ProfitTrailer Review: Automate Your Crypto Trading Strategy

Do you need a way to automate your trading? The trading bot called ProfitTrailer can help you do that. With fully customizable features and a user-friendly interface, ProfitTrailer is extremely versatile in the number of trading setups you can configure.

Do you need a way to automate your trading? The trading bot called ProfitTrailer can help you do that. With fully customizable features and a user-friendly interface, ProfitTrailer is extremely versatile in the number of trading setups you can configure.

Even though a novice can get started with ProfitTrailer pretty quickly, it does requires a lot of time and dedication to master.

Getting started with ProfitTrailer

You need to sign up for an account on one of the supported exchanges to start using ProfitTrailer. The following crypto exchanges are supported:

  • Poloniex
  • Bittrex
  • Binance
  • BinanceUS
  • Coinbase
  • Huobi
  • BitMEX
  • bybit
  • Kucoin

You need to sign up for an account on one of the supported exchanges to start using ProfitTrailer. The following crypto exchanges are supported:

Setup Your Exchange API
Choose Your Configuration

Configuring Your Trading Plan

Configuring your trading strategy with ProfitTrailer can take some time and effort, but it’s important to make sure your config is working for you. You have to set different settings, such as which coins to trade, which indicators to use, and what buy and sell triggers should be.

You can tailor your trading strategy to your specific needs with the wide range of available settings of ProfitTrailer. Configuring and testing can take hours but once your setup is running smoothly you will feel comfortable as you know each setting that you have configured yourself.

See which of Your Strategies are met

Get a Free 1-Month License for ProfitTrailer

ProfitTrailer Community

If you have a question or need help configuring your bot, ProfitTrailer has a helpful community on Discord. The community is friendly and willing to help but always encourages you to do your initial research and testing first. If you need more personalized help, you can submit a support ticket to the ProfitTrailer support team inside Discord.

Running your bot

Once your bot is up and running, you can check on its performance using the positions tab. This tab includes a variety of helpful data, including:

  • Coin
  • Profit
  • Bought Price
  • Bought Date
  • Buy/Sell Strategies

ProfitTrailer is not a trading bot that you can install and forget about, so keep that in mind. To ensure that your bot functions as anticipated, you must monitor it constantly. Any action the bot makes can be followed up on via your Telegram or Discord. You must be able to repair your bot if something is amiss.

Check your stats to see the performance of your bot

Get A Free 1-Month License For ProfitTrailer

ProfitTrailer v3

The bot is being improved by the ProfitTrailer crew. The bot’s third iteration will be created soon. The ProfitTrailer team values community feedback and takes it seriously. Currently, community members can propose new features. Some of these will be implemented in the new version.

Offering commercial services in Discord is forbidden. The team urges users to learn how to configure the bot themselves and gain more software expertise by not allowing paid services.

Pricing

Users can test out ProfitTrailer’s bot for free for a month to see if it suits their requirements. The Basic Edition and Advanced Edition pricing options are available to users after the trial.

The Basic Edition, which costs €49/month, is the most affordable choice and comes with advanced paper trading, operating two bots, five stored configurations, and live support on Discord. Additionally, users can pay extra money for add-ons like Tradingview Integration, which allows them to transmit buy/sell signals from Tradingview to ProfitTrailer, more configuration slots, a multi-exchange upgrade, and an extra API key slot.

The most costly choice is the Advanced Edition, which costs €69/month and comes with three lifetime bot licenses, 10 stored configurations, and advanced notifications. For an extra €10.00 a month, users can choose to operate Profittrailer on a VPS.

Additionally, for users who prefer to use outside signals to guide their trades, ProfitTrailer provides a 3rd party signal provider service with monthly fees varying from €14.99 to €50.00.

Conclusion

ProfitTrailer is a sophisticated trading bot that can assist you in automating your crypto trading strategy, to sum up. The bot has a broad variety of customizable settings, which makes it a powerful tool for traders even though it does take some time and effort to master. Additionally, it’s simple to get assistance if you need it thanks to the useful Discord community and support ticket system. ProfitTrailer is unquestionably something to take into consideration if you’re seeking to automate your trading approach.

Get A Free 1-Month License For ProfitTrailer

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