Let’s be honest, it’s difficult for individual traders to stay in front of their trading screens for most part of the day. They struggle to keep up with the fast-moving markets and sometimes fail to catch market movements on time. This ultimately leads to missing out on potential trade opportunities.
Thanks to the rapid pace of artificial intelligence,
thousands of new AI tools are being released everyday that are significantly boosting
our productivity. One such tool is Capitalise.ai, a revolutionary platform that
automates the trading process for you using everyday English – no coding
involved! In this article, we will briefly discuss the functionality of this
platform, what brokers does it support and how to get started with it.
About Capitalise.ai
Capitalise.ai is a platform where users can easily
create, back-test and automate their trading strategies by expressing the entry
and exit conditions in plain English. Simply put, you can use this platform to
automatically buy or sell certain asset or pair by stating your entry and exit
conditions in English, just like you’re stating them to someone else. Whenever
the entry is triggered, orders are sent directly to your trading account. Once
the trade has been executed, it starts to monitor your exit conditions (if any)
and exits the trade as per the stated condition(s).
Below is an example of a strategy that buys 1 bitcoin
when the 1-hour RSI (a technical indicator) of BTC/USDT on Binance exchange
crosses below 20 and closes the trade at either profit of 4% or at trailing
stop of 1%.
Entry: If the RSI(14,
1h, close) of BTC/USDT (Binance) crosses below 20 then buy 1 BTCUSDT (Binance)
Exit: Close
position at profit of 4% or at trailing stop of 1%
This strategy is just an example. There is one entry
condition i.e., H1-RSI <20 and two exit conditions i.e., sell either at
profit of 4% OR at trailing stop of 1%.
Features Available
Live Trading – the
platform monitors the market in real-time and executes orders on your trading
account, per the live strategy.
Back Testing – in case
you’re unsure about the profitability of a strategy, you can apply the strategy
on past market data and check PnL along with the number of trades (hits)
executed.
Simulation Mode – applies the
strategy on live markets, without executing trades on your trading account.
Automated Trading Features
TradingView Alerts – any alert
triggered on TradingView will be directed to your trading account.
Dollar Cost Averaging – spreading
out large investments into smaller ones to reduce exposure to market
fluctuations and to average out the cost.
Trailing Take Profit & Stop –
as the trade goes as planned, the orders are continually adjusted to maximize
profits.
Asset & Index Correlation –
buy or sell any asset based on the price of any other asset or index.
Smart Notification – get
notified in real-time via email or mobile notification whenever entries and
exits are triggered.
Explore more features here.
Supported Brokers & Exchanges
Capitalise.ai has partnered with several brokers/exchanges and
is completely free to be used with them. The partners include
- Binance (Crypto)
- Interactive Brokers (Forex, Equities)
- FXCM (Commodities, Crypto, Equities, Forex, Indices)
- Eightcap (Commodities, Crypto, Forex, Indices)
- ACY Securities (Commodities, Crypto, Forex, Indices)
- Pepperstone (Commodities, Crypto, Equities, Forex, Indices)
- Forex.com (Forex)
- Fidelity Investments (Equites, Forex, Indices)
& the list continues to lengthen! You can view the
latest partners’ list here.
Getting Started with Capitalise.ai
To start automated trading, head over to this site to
get a capitalize.ai account for your preferred partner. No worries, you don’t
necessarily need to have an account with the partner to start
exploring. You can still backtest and simulate strategies using live and past
market feeds, provided by that particular broker, and once you’ve figured
things out, you can signup for that broker and start live trading.
Using Capitalise.ai with Binance
Time Frames – M1, M5, M15, M30, H1, H2, H4, D1, W1,
MO1
Technical Indicators – Moving Average (MA),
Exponential Moving Average (EMA), Relative Strength Index (RSI), Stochastic RSI
(SRSI), Bollinger Bands (BB-Upper-Middle-Lower), Stochastic Oscillator (SO),
Change In Price / Volume (with offset option, all TFs), Pivot (PP), Moving
Average Convergence Divergence (MACD), Average Volume
Markets – Spot, Future Contracts, Leveraged Tokens
Crypto Pairs – All listed trading pairs
Relevant Indexes – DJI, SPX, NDX, VIX, VXD, VXN &
many more
Wrapping Up
By enabling traders to input their strategy in plain
English and automating the execution process, Capitalise.ai is definitely
offering a level of accessibility and convenience that was once unimaginable.
However, it’s important to remember that, with this platform, you entrust your
trading decisions to an AI system that may fail, execute wrong trades due to lack
of human oversight and is vulnerable to cybersecurity risks. It’s crucial to
carefully consider these factors before deciding to use this and other similar
platforms.
If you’re interested in exploring the benefits of an
AI-powered trading platform for yourself, we encourage you to give
Capitalise.ai a try and do share your experience with others in the comments
below.
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