You need to make sure you have correctly set up your API and connected it to our platform. Positions are opened depending on each bot's trading window as follows :
- Weekly bots open up to one position between Friday at midnight (UTC) and Saturday at 12am (UTC).
- Daily bots open up to one position every day at midnight UTC.
- Hourly bots open up to one position every hour.
The cryptocurrency market is very volatile. That is why it is sometimes better to adopt a neutral position in order not to open a position.
When the bot detects a clear trend, it may choose to open a Long or Short position (depending on your strategy).
If no clear signals are seen by the bot, then it will keep a neutral position. This decision is intended to manage and limit the risk of capital loss.
Finally, when you subscribe to a weekly bot, if you subscribed for exemple on Monday, you don’t have to wait until next Friday at midnight UTC to see a trade. The bot will take the same trade on midnight (day of your subscription) that was taken last Friday.
On the other hand, if the bot took a neutral position last, then neither Long nor Short position will be opened for you.