Module of Price Notification
A cryptocurrency trader's most common trading mechanism is deciding one or more Take-Profits and Stop-Losses.
Any service which automates the monitoring of exchange prices significantly simplifies trading control, depriving the consumer of routine work. In the conventional case, it is an SMS-message or an e-mail containing the appropriate text.
The purpose of the module to be introduced on the AXXA.AI platform, however is not only to easily configure notifications to hit the user-specified level, but also to help define these levels.
In two modes, the module can be configured: manual and automatic. Considering his level of experience in the field of trading, the consumer can choose the mode.
Users with extensive experience in trading are recommended to select the module's manual mode. This mode enables the consumer to manually configure Take-Profits and Stop-Losses. At the same time, for each of these levels, the module indicates only the prescribed limits.
It is recommended that newcomers select the automatic mode of the module.
Then the algorithms implemented by the team of developers can dynamically measure Take-Profits and Stop-Losses.
As for the actual price notification configuration assistant, the user must define the following parameters to begin his job:
Cryptocurrency pair.
One or more exchanges.
For manual mode: for each of these stages, Take-Profits and Stop-Losses or a fixed percentage.
There will be updates in many forms about the achievement of the target price levels.
The platform's desktop and mobile versions send push notifications to the user where the application is installed.
If there is a phone number linked to the user account in the database, SMS messages will be sent.
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