ThorChain (RUNE) Trading Bot

ThorChain (RUNE) is available to directly trade and for setting up trading bots on the CryptoKnowledge app. This page gives an overview of all relevant ThorChain (RUNE) trading bot information you have to know.

ThorChain (RUNE) 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 ThorChain (RUNE).

ExchangeThorChain (RUNE) Supported
BinanceYes
BybitYes
MEXCNo
ThorChain (RUNE) — Support Exchanges for Trading Bots

ThorChain (RUNE) Trading Bot Signals

The following table gives an overview of the trading signals that can be used to set up a trading for ThorChain (RUNE).

Trading SignalThorChain (RUNE) Supported
MACD Crossover (Bullish / Bearish)Yes
RSI Overbought / OversoldYes
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
ThorChain (RUNE) Available Trading Signals For Trading Bots

Backtest Results (Daily Chart)

To provide some additional information about ThorChain (RUNE) trading bot, we added the below backtest data. It shows the backtests results of the above trading signals for ThorChain (RUNE).

SignalDetected SignalsSuccess Rate (%)
EMA Bullish Crossover + ADX2100.0
EMA Bearish Crossover + ADX1100.0
Hyper Scalper Buy1100.0
EMA Bullish Crossover1283.33
Big Extender Sell580.0
Parabolic Trader Buy1376.92
EMA Bearish Crossover1275.0
RSI Overbought2774.07
Power Scalper Buy11973.11
EMA Strategy Sell2171.43
RSI Overbought + ADX2070.0
Bollinger Bands Buy + ADX1369.23
Big Extender Buy1369.23
MACD Bearish Crossover + ADX1866.67
RSI Oversold + ADX666.67
MACD Bearish Crossover3964.1
RSI Oversold1163.64
EMA Strategy Buy2259.09
MACD Bullish Crossover3958.97
Parabolic Trader Sell1758.82
Bollinger Stochastic Buy5358.49
MACD Bullish Crossover + ADX1957.89
Bollinger Bands Sell + ADX4252.38
Bollinger Bands Buy5451.85
Bollinger Bands Sell7247.22
Bollinger Stochastic Sell7545.33
Power Scalper Sell3641.67
Tri Trendmaster Buy041.67
Tri Trendmster Sell041.67
Hyper Scalper Sell00

About CryptoKnowledge & the CryptoKnowledge App

At CryptoKnowledge, we pride ourselves on providing top-notch crypto data and tools. Our app is accessible on both the App Store and Play Store, featuring almost 200 crypto tokens and an array of functionalities like crypto signals, screeners, AI-based forecasts, and much more. Discover how we can elevate your trading experience, and download the app now!

ThorChain (RUNE)

ThorChain (RUNE) is the native cryptocurrency of Thorchain, a decentralized liquidity protocol that enables the exchange of cryptocurrencies across different blockchains without the need for a centralized intermediary. Thorchain’s primary mission is to facilitate secure and efficient cross-chain trades, allowing users to swap one asset for another in a permissionless setting, maintaining full custody of their assets throughout the process.

The protocol employs an innovative mechanism called Continuous Liquidity Pools (CLPs), which are funded by users who deposit their assets to earn trading fees and RUNE rewards. RUNE serves multiple critical functions within the ecosystem: it’s used as the base currency for liquidity pools, for governance, and as a security mechanism. By requiring that all liquidity pools are paired with RUNE, Thorchain ensures that the value is accurately reflected across different assets and blockchains, facilitating seamless and decentralized swaps.

Thorchain’s design emphasizes security, scalability, and interoperability, aiming to contribute to the broader vision of a fully interconnected blockchain ecosystem. As the DeFi space continues to evolve, Thorchain and RUNE stand out for their pioneering approach to cross-chain liquidity and exchange, providing a foundational infrastructure for a more open and accessible cryptocurrency market.

Share with your community!

In this article

Like what you see? Share with a friend.

Related Articles