Superalgos, a free and open-source platform for infrastructure development, is managed by a community of traders. It’s a trading intelligence platform, according to the main page. The platform is used by traders to create automated crypto trading robots. It’s not an easy plug-and-play tool that you can learn in a matter of hours. Therefore, it’s not for traders with no trading skills.
Technical users have access to all the critical components of cryptocurrency trading automation within a visual scripting environment. This review will discuss the platform’s features, pros and cons, as well as exchange compatibility.
How does Superalgos work?
Let’s now discuss its functionality. We are provided with more than 20 pages of information, claims and features by the developers about the system.
- This system allows us to try different trading strategies.
- You can have complete control over live trading, backtesting, paper trading, forward testing and paper-trading.
- We can use our own combination of indicators with the system.
- The testing engine displays accurate simulations.
- You can even test trading strategies on a live market.
- We are provided with a trading platform by the developers.
- You can use different calculating methods with different outputs.
- The board supports machine learning.
- The platform and bots can be used free of charge and are open-source.
- API Data Fetcher Bots and API Maps make it possible to connect to any API.
- The Integrated Charting System is a useful tool to visualize trading performance and test results.
- We don’t have any hidden charges or other reasons to charge you.
- We are able to work with no restrictions on flow or bots of testing.
- Anyone can access the code.
- You can form a community and work together to improve the quality of code.
- The system does not have access to our money.
- Even if you don’t have any experience, it is possible to get started.
- You can have unlimited backtest sessions.
- Bots enable us to interact with multiple markets on different exchanges simultaneously.
- Superalgos coordinates all aspects of the operation, including data mining and trading.
- This platform allows us to deploy network nodes with minimal configuration.
- It can be used with Windows, Mac OS, Linux, and other operating systems.
Superalgos Pricing
It is a free-use crypto trading bot. Superalgos is also free to install from Github, so its features are available to all users.
Pros and Cons
Pros
- It is possible to work automatically
- There are many indicators and strategies available.
- You can get the system for free
Cons
- No advice on risk is given
- No actual trading results are provided
Exchanges supported by Superalgos
Superalgos supports over 120 exchanges. Some of them are as follows:
Top Recommended Platforms
Cryptocurrency assets are volatile in nature. Buy and trade at your own risk.
73% of retail investor accounts lose money trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
- Binance
- Bibox
- Bitfinex
- BitMart
- Bitforex
- Bitpanda Pro
- Bitrue
- Bittrex
- CEX.IO
- Coinbase
- FTX
- Gate.io
- IDEX
- KuCoin
- and more
Conclusion
Superalgos is a trading platform that connects bots and allows for the development of trading solutions. This presentation gives us all the information we need about the system and how it works. It also outlines some of the challenges that we might face if we join. The presentation does not include trading results or backtest reports.
Superalgos is better suited for professional traders who have a solid understanding of programming languages and market experience. While they offer tutorials and documentation for easier use, this does not guarantee profitability. Superalgos is accessible to beginners. This also allows investors to configure their codes in a way that suits market conditions.
