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![](https://i.imgur.com/7bmfIZQ.jpg) ![](https://i.imgur.com/7bmfIZQ.jpg)
*** ***
# What is PTMagic? # What is PTMagic?
PTMagic is the most complete third-party add-on for the crypto-currency trading bot **[Profit Trailer](https://profittrailer.com/)**. It was originally created by Legedric (Christian Kühl) and TwixRaider, for their own personal use. They decided to release it free to the public in February 2018, and it followed a robust development cycle based on significant user feedback and suggestions. From the beginning it was conceived as a **free tool** that anyone could use to maximize the hidden potential of Profit Trailer. PTMagic is the most complete add-on for the crypto-currency trading bot **[Profit Trailer](https://profittrailer.com/)**. It was originally created by Legedric (Christian Kühl) and TwixRaider, for their own personal use. They decided to release it free to the public in February 2018, and it followed a robust development cycle based on significant user feedback and suggestions. From the beginning, it was a **free tool** that anyone could use to maximize the hidden potential of Profit Trailer.
## Purpose ## Purpose
- It can automatically update any of Profit Trailer's strategies and settings based on the changing trends of the entire market, using an unlimited number of time-frames and market conditions, to create an unlimited number of buy, sell, DCA, indicator, and money-management strategies. - It can automatically update any of Profit Trailer's strategies and settings based on the changing trends of the entire market, using an unlimited number of time-frames and market conditions, to create an unlimited number of buy, sell, DCA, indicator, and money-management strategies.
- It can automatically adjust coin-specific settings based on their individual performance, allowing you to protect yourself from poorly performing coins, or take advantage of coins that are performing well - It can automatically adjust coin-specific settings for every coin, based on their individual performance, allowing you to protect yourself from poorly performing coins, or take advantage of coins that are performing well
- It has a fully developed GUI that allows you to manage your settings, and view details about the status of PTMagic and Profit Trailer — including details about your current holdings, sales history, potential results of current DCA settings, and the current market trends - It has a fully developed GUI that allows you to manage your settings, and view details about the status of PTMagic and Profit Trailer — including details about your current holdings, sales history, potential results of current DCA settings, and the current market trends
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# Feature Highlights: # Feature Highlights:
- Define multiple **Global Settings** and **Single Market Settings** to automatically modify any part of Profit Trailer's currently active PAIRS/DCA/INDICATORS settings based on changing market trends. PT Magic can change **any setting** that is available to Profit Trailer, for all coins or only a single coin. Combine **Global Settings** and **Single Market Settings** to create a robust and dynamic trading strategy that ensures more protection, versatility, and profitability than any single strategy can provide -- without constant supervision and intervention! - Define **Global Settings** to automatically modify any part of Profit Trailer's currently active PAIRS/DCA/INDICATORS settings based on changing market trends. PT Magic can change **any setting** that is available to Profit Trailer.
- Manage an **unlimited** number of setting triggers and strategies. Profit Trailer can automatically switch between "Bear," "Bull," and "Normal" settings based on a 24 hour trend. But with PT Magic, there are **no limits to the number of market conditions and settings you can specify**: e.g., "Tanking," "LongTermBear," "IncomingBear," "OutgoingBear," "SidewaysUp," "SidewaysDown," "IncomingBull," "OutgoingBull," "SuperBull," etc... Using **any combination of trends across any combination of timeframes**, your bot can recognize a more subtle variety of changing market conditions, allowing you to create a more robust over-all trading strategy that goes beyond a simplistic "bear" or "bull" mentality. See: [MORE](https://github.com/PTMagicians/PTMagic/wiki/Is-PTMagic-Obsolete%3F) - Define **Single Market Settings** to automatically modify Profit Trailer's coin-specific settings, based on each coin's individual behavior. **This is where PTM really shines!** You can define as many coin-specific setting as you can imagine, for a wide variety of price action. PTM will monitor and change the settings for every coin on your exchange based on the behaviors you specify. From minor adjustments to completely different sets of indicator strategies, PTM converts ProfitTrailer **from a blunt instrument to a surgical tool** that can analyze and alter your strategies for every single coin.
- Define multiple Profit Trailer **Single Market Settings** to automatically modify any coin-specific settings, based on each coin's individual behavior. **This is where PTM really shines!** You can define as many coin-specific setting as you can imagine, for a wide variety of price action. PTM will monitor and change the settings for every coin on your exchange based on the behaviors you specify. From minor adjustments to completely different sets of indicator strategies, PTM converts ProfitTrailer **from a blunt instrument to a surgical tool** that can analyze and alter your strategies for every single coin. -Combine **Global Settings** and **Single Market Settings** to create a robust and dynamic trading strategy that ensures more protection, versatility, and profitability than any single strategy can provide -- without constant supervision and intervention!
- Use PT Magic to **adjust your money management and risk management** settings based on changing market conditions, as well as individual coin performance. Dynamically adjust initial purchase costs, the number of pairs allowed, and use more conservative or aggressive strategies as trends change in real-time. - Manage an **unlimited** number of setting triggers and strategies. Profit Trailer can automatically switch between "Bear," "Bull," and "Normal" settings based on a 24 hour trend, but with PT Magic there are **no limits to the number of market conditions and settings you can specify**: e.g., "Tanking," "LongTermBear," "IncomingBear," "OutgoingBear," "SidewaysUp," "SidewaysDown," "IncomingBull," "OutgoingBull," "SuperBull," etc... Using **any combination of trends across any combination of timeframes**, your bot can recognize a more subtle variety of changing market conditions, allowing you to create a more robust over-all trading strategy that goes beyond a simplistic "bear" or "bull" mentality.
See: [MORE](https://github.com/PTMagicians/PTMagic/wiki/Is-PTMagic-Obsolete%3F)
- With PTM there is **no need to maintain "whitelists" or "blacklists"** of individual coins. Your Single Market Settings can identify coins you wish to avoid based on their long-term price action, and turn on **Sell Only Mode** for those individual coins, so you don't have to constantly manage such lists. - Use PT Magic to **adjust your money management and risk management** settings based on changing market conditions, or individual coin performance. Dynamically adjust initial purchase costs, the number of pairs allowed, keep-balance percentage, minimum buy volume, sell-wall settings, allowed spread and slippage, and any other PT setting which helps you manage your risk.
- With PTM there is **no need to maintain "whitelists" or "blacklists"** of individual coins. Your Single Market Settings can identify coins you wish to avoid based, and turn on **Sell Only Mode** for those individual coins so you don't have to constantly manage such lists.
- Manage all your settings from a **single location**. Rather than having to maintain and update multiple settings when tweaking and fine-tuning your settings and strategies, all of your settings for PT and PT Magic can be **managed from a single file**, or via the PT Magic web-interface. - Manage all your settings from a **single location**. Rather than having to maintain and update multiple settings when tweaking and fine-tuning your settings and strategies, all of your settings for PT and PT Magic can be **managed from a single file**, or via the PT Magic web-interface.
- **Watch what your bot is thinking in real time** from any device, with a compact interface that displays coins in your possible buy list, and the DCA and sell strategy status for the coins you currently hold. - **Watch what your bot is doing in real time** with a compact interface that displays coins in your possible buy list, and the DCA and sell strategy status for the coins you currently hold.
- Access the PTMagic monitor from anywhere, which also gives you the following: - Access the PTMagic monitor from anywhere, which also gives you the following:
- A live representation of **current market conditions**, as well as the live trends for every coin on your exchange. - A live representation of **current market conditions**, as well as the live trends for every coin on your exchange.
- A **complete sales history and analysis** including dynamic projections for the upcoming months and year based on past performance. - A **complete sales history and analysis** including dynamic projections for the upcoming months and year based on past performance.
- A **bag analyzer** showing detailed buy and sell data for coins you currently hold, including a customizable trading view chart for each coin. - A **bag analyzer** showing detailed buy and sell data for coins you currently hold, including a customizable trading view chart for each coin.
- An **dynamic DCA calculator** that automatically reads your current Profit Trailer settings, and generates the most accurate view possible of projected DCA costs, based on your currently active DCA buy triggers and buy percentages. - An **dynamic DCA calculator** that automatically reads your current Profit Trailer settings, and generates the most accurate view possible of projected DCA costs, based on your **currently active DCA settings**.
- All of your PTMagic settings and configurations, which can be edited in a simple GUI. - All of your PTMagic settings and configurations, which can be edited in a simple GUI.
- A complete **[wiki](https://github.com/PTMagicians/PT-Magic/wiki) and [Discord community](https://discord.gg/KYmHMfk)** to help you refine your strategies and understand how to take advantage of the full potential of Profit Trailer using PTMagic. - A complete **[wiki](https://github.com/PTMagicians/PT-Magic/wiki) and [Discord community](https://discord.gg/KYmHMfk)** to help you refine your strategies and understand how to take advantage of the full potential of Profit Trailer using PTMagic.