Coinrule Reviews 148

Coinrule is such a very effective organisation with an amazing Customer Success Team!

Coinrule is a great tool to automate your trading strategies, with a bit of learning and testing using their demo exchange you can eventually run put live your strategies and start making money

I am forced to change my opinion on this platform
I bought a monthly package of $39. Unfortunately, all the strategies on this platform are a failure. There is nothing but loss. I put my opinion here in all fairness so that no one else falls victim to this platform.

I hope that the site management here will put the date of purchasing the package from the platform, which is on 4/8/2023

I've been using Coinrule with a monthly basis sub and still thinking whether switch to them or keep using my current trading bots platform.
Coinrule allows to set a vast amount of multiple triggers combinations in order to get into a trade with the highest probabilities of success. This feature is really impressive. However, I keep encountering problems. For example, it is slow and when the rule triggers, it does not place stop losses and taking profit orders on your exchange, so often you have, say, a 1% stop loss in the rule, but it gets executed at 3%, losing money! Another serious issue is that rules are not editable (except for basic values, but not operators/conditions) so if a rule works but needs some tweaking you need to rewrite it again from scratch. The thing I miss the most is a mobile app, at least to get notifications. At the moment it uses Telegram, which is annoying, and also does not tell you much except sold this and bought that, but not P/L etc.
The website has a nice knowledge base with many examples, unfortunately they lack a proper community support forum. There is one on Discord but with very few users and not so useful (I made a question got zero replies). The Reddit sub is dead. They have a YouTube channel with 4 videos in the last two months. Their pricing is quite high. The 'Starter' plan is free and has 2 live rules but with no indicators allowed so it is useless 'live'. The 'Hobbyst' costs $40 (monthly) but still with limitations, for example only 40 templates, also the IF operator accepts 3 events (and/or..), but I believe the next plan 'Trader' accepts more (but very expensive at $80 monthly). And if you want 'ultra-fast executions' (yes please) you need to subscribe to the 'Pro' plan for a whopping $500 (!!) monthly. Overall I think CR is a clearly very young (and trustworthy) platform which could be useful to traders but still needs a lot of work to become really functional.

Love this platform! Since I can't code in python Coinrule has been a low friction way for me to get more logical and systematic in my trading.

The UX is super usable and handsome, and setting up rules is straightforward and logical: If you can think it, you can make a rule for it! Recently, the team has been adding a bunch of indicators and more granular settings and I feel like my trading is growing with the platform. They are also prompt and helpful when support is required.

Highly recommended, for folks looking to take their trading to the next level—and also move away from 'shoot from the hip' more emotion-based trading. Set up rules, wait, monitor, adjust—beats staring at charts all day.

New to trading, time after time the amount of times coinrule get me out of trouble and set me going on the right path, It only takes a few hours to get answers to all your questions, would recommend if you are new to trading. Friendly support team and as I said they are pretty quick to respond. Great stuff.

Edited: They responded to my questions and were available to resolve my issues. When I signed in a couple days later the problem was resolved in terms of the inability to fill out a field in the rule creation area. They also offered to help with a malfunctioning rule but I had deleted it and decided just to begin over again from scratch with that idea. It still feels kind of buggy, but I'm back on track with being able to create demo rules and learn how they work before investing any actual money.

previous review:
Worst customer service ever. Nobody answered my last three questions about problems setting up demo rules. I simply want to see if I can create a rule that I would want to pay their fees to run. The demo rule now has no way to choose a funding wallet (field has no dropdown menu anymore) so there's no way to set up any more demo rules. The previous demo rule errored out but I don't know what caused the error. I enjoyed learning when the rules were working and I can see the potential but I wouldn't want to actually put any money in here with the amount of errors in the rules and virtually no customer service. I never found where the pre-built rules are located if they have any. That would be ideal - to copy an already built rule and run it for a while to learn.

Not good at all. It is working but not according to the adjustments you make, it works how it wants. Not for serius trades, good for spending time...

The ideology is good. But the hobby list has only basic rsi n ma indicator to pick from.

Choosing short timeframe causes delay cuz the candle close might be big and you end up buying at very late causing you to stay at loss for a while.

Choosing long timeframe, trade takes a long path days/weeks/months to even complete 1 trade ... And ofcourse if you are playing with small Money, with ma as lagging indicator, most times you are just close to break even or minor Loss till bull run really takes over..

By the time I make profit, let's say I m a 1000$ trader and I make up 50% profit on an avg in 10 months which most templates are showing.... I paid 300$ for subscription ending up with 200$ net profit... Don't ask about bear markets.

And 30$ per month for just rsi n ma is way beyond greed to charge. 10$ per month should be it's worth May be.

I didn't try the advanced features so I cannot comment on them.

It's a good idea but slow, laggy, risky, delayed trades. Hopefully it grows up to be much faster like a sniper bots. Good luck. I m out for now since I feel manual charting and trades are more beneficial ATM. Maybe will revisit in future.

This is the most useful and legit bot... I am satisfied 100%

I haven't been able to get to my asset page you know most a week. It gives me an error message and there is no direct way of connecting to customer service link. I had to Google several times in order to find the support email. I do not consider that proper customer service. It should be easier to do this and it should be easier to track my assets. I shouldn't be getting an error message now when I didn't get one earlier. they sent a response and asked for a screen shot which i sent them. they responded much quicker to the review than my first email for support. I will not change anything until maybe this is resolved. I still believe that ths site should have had more to sec

During the extreme bear trend market I used a strategy that yielded me 82% success rate. I have 0 experience in trading b4 @coinrule. I just read through their library of templates & found one for that current market. It’s almost MAGIC! 😉.

One of my main problems with trading is that I get emotional and don't stick to a plan. I also don't have time to monitor charts all day. Using an automated trading system is a great way to work around these issues, and Coinrule makes it so much easier. Would strongly recommend.

I’m new to crypto & was looking for a bot that I could use to trade. After trying 4 different bots/companies I came across @coinrule. What I like the most is they offer a library of information that can help you through each market cycle and pre-set templates that you can use. Good company if your looking for a trading bot for every market condition.

Be warned they will keep your bank details and take money out without content.

Currently in touch with my my bank reporting it as fraud

There are several options to make profit here. Use seasoned trading signals, indicators and tested trading strategies or create your rule from scratch. The demo exchange gives the ability to practice and test strategies before connecting an exchange. You could literally use coinrule to program your way to success. Good support and telegram group - give it a go to max out your profits

I paid for the whole year up front. After having some trouble, I contacted customer service. Tolulope refunded the entire amount and gave me a coupon for 50% of the next three months so I could try again. Surprising easy. I will absolutely try again. There’s a learning curve with everything.

I started using Coinrule back in January. The workshop you do is invaluable (and there's some YouTube videos too, just follow them - look up cryptology-4-u and follow the simple strategies step-by-step). The amount of work the team put in as well is amazing. I have had nothing but good experiences with them - including at their Telegram.