Is it possible to automatically receive both buy and sell orders at Poloniex site?
For example, I uploaded 1 BTC in the account at Poloniex. Can I take the following steps in turn?
1.) When 1 BTC = $ 1050 1 BTC sell.
2.) When 1 BTC = $ 1000 1 BTC buy.
3.) When 1 BTC = $ 1070 1 BTC sell.
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I want to enter automatic orders like this.
I don't know how to do this without using some kind of a bot. I don't know if it can be done, but if it can, it would be good if the bot could buy more than 1 Bitcoin in the $1000 buy since you would have gained money, and the sell that new amount and so forth.