Explore how our product can simplify your routine trading tasks using artificial intelligence
A successful crypto trader needs to analyze huge amounts of data, such as current quotes, market-related news, trends, different indicators and many more. These things are crucial in making informed decisions in the trading process, but sorting through this much information manually can be a quite cumbersome job. Current developments in artificial intelligence made automation of these tasks possible — introducing Stormtool.
But what exactly a product like this needs to offer? Stormtool works with all tokens listed at supported exchanges and has features like automatically giving signals on a variety of indicators, giving you an AI advice as a summary of collected data, and more. Let’s take a look at what Stormtool has to offer and why it might become your trustworthy trading partner.
Features to look for in your Crypto Market Analyzing Tool
Before you dive in into the features of Stormtool, you should know which features will suit your needs best. Some of them are crucial, like reliability, accuracy and relevance of raw data, support of tokens and exchanges that you actually use. Other features could be just nice to have — good customer support, fair pricing, and more.
Accuracy: How accurate is the data used by AI? Are the sources reliable? Accuracy is especially important in making financial decisions.
Speed: How quickly can you get your report?
Ease of use: How easy it is to use the tool. The interface should be intuitive and friendly, not causing any confusion to the user.
Price: The pricing system should be transparent. Additional points if prices are competitive.
Privacy and Security: There’s no “ifs” here — your personal data, including payment information, should be stored safely.
Reliability: The service should be available if you need it. Fluctuating uptime is unacceptable.
Support of all tokens and exchanges you need: This requirement speaks for itself, lack of support for instruments you use can render a tool useless for you.
Customer Support: The team should be ready for the questions or problems you may have.
How to get your first report from Stormtool?
1. First step: choosing the cryptocurrency you need to analyze
It’s pretty straightforward. You need to type the abbreviation of needed cryptocurrency in the window.
2. Second step: selecting the exchange
In this menu you need to select the exchange that the tool will use the quotes from. You can choose from five options: Binance, ByBit, Bitstamp, WhiteBIT and Coinbase. As the notice says, if the coin you chose in the previous step is not found on the chosen exchange, the tokens will not be debited from your account and the report will not be generated.
3. Third step: selecting the indicators for the analysis
You’re allowed to choose between 32 different indicators. Out of them, you can choose up to 10 indicators. With the Auto-selection function, the system will pick the most suitable of them for you.
4. Fourth step: news analysis function
By enabling the toggle switch, you choose to get the news analysis in your report. This will cost you an additional token and will slightly affect the execution time.
Fifth and final step: selecting a timeframe
As you can see, the available timeframes go from one minute up to one week. The bigger the timeframe, the more reliable the signals you’ll get.
After all the steps are completed, you will be able to generate the report. This menu will show you the coin being analyzed, chosen exchange, number of indicators used, current news (if you enabled the toggle) and timeframe. It’ll also give you a time estimate and show the number of tokens you’re charged.
What does the report consist of?
1. Chart
The chart displays the quotes for the timeframe you chose before.
2. Indicators
This part of the report shows you the signals calculated on the indicators you chose. The tool summarizes them into an average signal and gives you an AI advice, explaining its decision in greater detail.
3. News
If you switched the “Analyze the latest news” toggle on before, you’ll also see the news report. The tool analyses the market news related to your chosen coin and defines the market behavior for each listed publication. It also gives you the summary of the market behavior of all publications and gives you an AI advice, which explains the final result.
Conclusion
The features Stormtool offers can be very convenient in your daily crypto trading routine. Regardless of your turnover, our product can make the process of defining market signals a lot faster and more straight-forward. However, we don’t recommend you rely on Stormtool alone. You should exercise caution and check the data from different sources to make sustainable financial and investment decisions. Here’s our links and contact information:
Our website: https://stormtool.ai
Presentation video: https://youtu.be/Dik1hwrC914
E-mail address: support@stormtool.ai
Telegram: https://t.me/stormtoolai