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Pionex has introduced the option for users to set custom moving average triggers in its Futures Grid Bot, designed to respond to potential trend reversals.
Pionex announced an update to its Futures Grid Bot, allowing users to set custom moving average (MA) triggers. This feature is intended to enable the bot to react to potential trend reversals and capture counter-trend moves in the market. No further details about the update or its implementation were provided in the post.
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Pionex is a cryptocurrency exchange founded in 2019 in Singapore, operating under a Money Services Business (MSB) license issued by FinCEN. The platform offers manual and automated trading in over 300 crypto pairs, provides built-in trading bots at no additional cost, and features low fees and high security including 2FA and cold wallet storage. For further details on its key features, see the broker profile on Traders Union.
In our earlier news about Pionex, we reported on enhancements to its Futures Grid feature, adding tools like trailing take-profit and profit lock. For more details, see the previous Pionex update on Traders Union.