Flash News: OKX Upgrades its Futures DCA (Martingale) Bot with TradingView Signals Integration
News provided byOKX
Sep 19, 2023, 5:44 AM ET
NASSAU, The Bahamas, Sept. 19, 2023 (GLOBE NEWSWIRE) -- OKX, a leading crypto exchange and Web3 technology company, has issued updates for September 19, 2023.
OKX Upgrades its Futures DCA (Martingale) Bot with TradingView Signals Integration
OKX has integrated TradingView signals with its Futures DCA (Martingale) bot. This latest upgrade allows traders to execute trades faster by leveraging TradingView's customizable indicators and technical analysis. In addition, the upgrade enables traders to receive instant notifications and ensure they don't miss out on market movements and changes.
Dollar-cost averaging (DCA) is a popular asset management strategy, and involves splitting one-off positions at multiple price levels to get a better average entry price when the market moves against the initial trade, and exiting the trade when the Take Profit target has been met. OKX's Futures DCA (Martingale) bot enables users to automate a different averaging strategy known as the Martingale strategy. With this approach, the bot aims to buy more when the market reverses, ultimately achieving a better average entry price by averaging the cost. To learn more about OKX's Futures DCA (Martingale) bot, click here.
OKX also recently unveiled Signal Trading, a marketplace where users can access automated trading strategies based on technical analysis, or 'signals,' which indicate whether to buy or sell crypto. Signal Trading is integrated with TradingView, enabling signal providers and traders to create signals directly on the charting platform, as well as specify the desired action, instrument and other parameters associated with that particular trading signal.
For more information, please visit the Support Center.
For further information, please contact:
OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
The OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.
To learn more about OKX, download our app or visit: okx.com
This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.
NOTE: This content is not written by or endorsed by "WPRI", its advertisers, or Nexstar Media Inc.