Autotrading/swapping bitcoin | Bitcointalksearch.org

Bitcoin_Arena

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Activity: 2114

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฿itcoin for all, All for ฿itcoin.

Quote from: wahyu wida on May 26, 2021, 08:56:09 PM

As far as I know MA or moving averages are commonly used indicators. but we must know the strengths and weaknesses. when the price breaks the indicator line, we must be careful. because not all of them are true, but we seem to have gone with the flow by using them

Which is why every trade you open must have a stop loss. The more you trade while using indicators, scripts or bots. The more you realize that you can't win all trades. You will win some, you will lose some. Your aim will be to ensure your risk management strategy is one point and your win rate is at least above 50%

Otherwise, if there were a flawless indicator that would predict trades perfectly, I think we would be knowing it by now.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Quote from: wahyu wida on May 26, 2021, 08:56:09 PM

As far as I know MA or moving averages are commonly used indicators. but we must know the strengths and weaknesses. when the price breaks the indicator line, we must be careful. because not all of them are true, but we seem to have gone with the flow by using them

actually there are some useful indicators that can identify the weakness and strength except moving average, wherein you can use also MACD, StochasticRSI or just the RSI that can help you to know if its over sold and over bought.. there's a super trend as well and ichimuko indicators etc which very accurate for me in my opinion.. But i use to combined those indicators because its really not safe to rely in just one and base on my experience there's always a false break out that cannot be seen using one indicators so it's always good to use more just to obtain the real potential or should i say direction of the candles..

wahyu wida

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Quote from: Bitcoin_Arena on May 24, 2021, 04:27:09 AM

Why should i trust a brand new service that uses the basic principles of Simple Moving Averages to create buy and sell orders?

I can also recreate the same strategy on popular trading tools like tradingview or coinalyze by tinkering with the SMAs and execute the same minus having to risky my account.

As far as I know MA or moving averages are commonly used indicators. but we must know the strengths and weaknesses. when the price breaks the indicator line, we must be careful. because not all of them are true, but we seem to have gone with the flow by using them

JooBra

full member

Activity: 1204

Merit: 162

You can find a lot of free good bots that can do the job for you. Some of big youtubers have free bots so maybe using some of them is a good option.

KevinBakor

jr. member

Activity: 32

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The website seems to have some compatibility issues.

elda34b

sr. member

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Merit: 351

I'd rather use a free bot like Zenbot if the purpose is a simple autotrade or swap from BTC to another coin. If the goal of your project is to compete with other instant swap services, you need to do more.

Bitcoin_Arena

copper member

Activity: 2114

Merit: 1814

฿itcoin for all, All for ฿itcoin.

Why should i trust a brand new service that uses the basic principles of Simple Moving Averages to create buy and sell orders?

I can also recreate the same strategy on popular trading tools like tradingview or coinalyze by tinkering with the SMAs and execute the same minus having to risky my account.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Don't be tricked by a newbie posting a certain website asking as if he really asks.

--> https://bitcointalksearch.org/topic/dont-get-tricked-by-hidden-spam-on-this-forum-5190848

Lakai01

legendary

Activity: 2296

Merit: 2721

Quote from: valuationcrypto on May 24, 2021, 01:26:41 AM

Please share experiences

A brand new user promoting a new project with his first post?

I would be interested to know why you find the project so "neat"? What are the merits of the project in your opinion? I didn't see anything now on a quick first look that would make the project/website so unique?

The documentation and tutorials are still completely "under development", so even if you would like to get to know the site better you can hardly find any information about it ...

valuationcrypto

newbie

Activity: 1

Merit: 0

Anyone use Coindev.io ?
Its one of the newer btc auto swapping projects out there.. looks neat

Please share experiences

Topic: Autotrading/swapping bitcoin (Read 132 times)