Ethereum (ETH) is available to directly trade and for setting up trading bots on the CryptoKnowledge app. This page gives an overview of all relevant Ethereum (ETH) trading bot information you have to know.
Ethereum (ETH) Trading Bot — Available Exchanges
CryptoKnowledge, in general, supports three exchanges: Binance, ByBit, and MEXC. The below table provides an overview of the exchanges that support trading bots for Ethereum (ETH).
| Exchange | Ethereum (ETH) Supported |
|---|---|
| Binance | Yes |
| Bybit | Yes |
| MEXC | Yes |
Ethereum (ETH) Trading Bot Signals
The following table gives an overview of the trading signals that can be used to set up a trading for Ethereum (ETH).
| Trading Signal | Ethereum (ETH) Supported |
|---|---|
| MACD Crossover (Bullish / Bearish) | Yes |
| RSI Overbought / Oversold | Yes |
| EMA Crossover (Bullish / Bearish) | Yes |
| Bollinger Bands (Buy / Sell) | Yes |
| EMA Strategy (Long / Short) | Yes |
| Parabolic Trader (Long / Short) | Yes |
| Hyper Scalper (Long / Short) | Yes |
| Big Extender (Long / Short) | Yes |
| Bollinger Stochastic (Long / Short) | Yes |
| Power Scalper (Long / Short) | Yes |
| Tri Trendmaster (Long / Short) | Yes |
| Precision Pulse (Long / Short) | Yes |
Backtest Results (Daily Chart)
To provide some additional information about Ethereum (ETH) trading bot, we added the below backtest data. It shows the backtests results of the above trading signals for Ethereum (ETH).
| Signal | Detected Signals | Best Probability (%) |
|---|---|---|
| EMA Bullish Crossover + ADX | 4 | 100.0 |
| Hyper Scalper Buy | 1 | 100.0 |
| Hyper Scalper Sell | 2 | 100.0 |
| EMA Bullish Crossover | 14 | 85.71 |
| Bollinger Stochastic Buy | 36 | 75.0 |
| Big Extender Buy | 11 | 72.73 |
| Bollinger Bands Buy | 44 | 68.18 |
| Parabolic Trader Sell | 9 | 66.67 |
| Bollinger Bands Buy + ADX | 28 | 64.29 |
| Power Scalper Buy | 164 | 61.59 |
| EMA Bearish Crossover | 13 | 61.54 |
| EMA Bearish Crossover + ADX | 5 | 60.0 |
| EMA Strategy Buy | 25 | 60.0 |
| EMA Strategy Sell | 25 | 60.0 |
| Power Scalper Sell | 40 | 60.0 |
| MACD Bearish Crossover + ADX | 32 | 59.38 |
| MACD Bullish Crossover | 56 | 57.14 |
| Parabolic Trader Buy | 30 | 56.67 |
| RSI Overbought | 39 | 56.41 |
| RSI Overbought + ADX | 27 | 55.56 |
| MACD Bullish Crossover + ADX | 29 | 55.17 |
| Bollinger Bands Sell | 94 | 54.26 |
| RSI Oversold | 13 | 53.85 |
| MACD Bearish Crossover | 56 | 53.57 |
| Bollinger Bands Sell + ADX | 59 | 52.54 |
| RSI Oversold + ADX | 12 | 50.0 |
| Big Extender Sell | 10 | 50.0 |
| Tri Trendmaster Buy | 0 | 50.0 |
| Tri Trendmster Sell | 0 | 50.0 |
| Bollinger Stochastic Sell | 109 | 48.62 |
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About Ethereum (ETH)
Ethereum, launched in 2015 by Vitalik Buterin and a team of co-founders, is a decentralized, open-source blockchain system that features smart contract functionality. It stands as the second-largest cryptocurrency platform by market capitalization, following Bitcoin. However, Ethereum distinguishes itself from Bitcoin by its broader ambition: it aims not merely to be a digital currency but a platform for deploying decentralized applications (dApps) and smart contracts.
Smart contracts on Ethereum are self-executing contracts with the terms of the agreement directly written into code. These contracts run on the Ethereum Virtual Machine (EVM) and are powered by Ethereum’s native token, Ether (ETH). Ether is used to compensate for computational services and transaction fees on the Ethereum network, making it not only a digital currency but also a “fuel” for the dApps running on the platform.
Ethereum’s introduction of smart contracts has revolutionized the blockchain sector, enabling a plethora of applications, from decentralized finance (DeFi) to non-fungible tokens (NFTs), gaming, and beyond. Its flexible architecture has made it a foundational layer for the emerging decentralized web, often referred to as Web3.
The network is in the process of transitioning from a proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS) through a series of upgrades known collectively as Ethereum 2.0. This transition aims to address scalability and energy consumption issues, promising to make Ethereum more sustainable, secure, and scalable. With Ethereum 2.0, the network seeks to significantly increase transaction throughput via sharding, reduce gas costs, and decrease its carbon footprint, ensuring its position as a leading platform for decentralized applications and smart contract deployment.