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How to Evaluate and Test Crypto Bot PlatformsHi, traders! I've been thinking about choosing the right AI-powered cryptocurrency trading bot or a crypto platforms, and it can be a bit of a head-scratcher. I mean, there are so many factors to make an informed decision and I think that is good to let you know with my thoughts on it First and foremost, I've realized that it all starts with defining my trading strategy. I need to figure out what I'm comfortable with and what aligns with my financial goals. Do I prefer a mean reversion strategy, where I can make the most of price deviations? Or is it momentum trading, where I want to ride those short-term trends to maximize my profits? I've also considered that the user interface of the bot plays a crucial role. I'd prefer a bot with an easy, user-friendly interface.And, since you are not exactly a pro in this field (it’s my conclusion, so don’t take into your heart my thoughts) customer support is essential. You need someone who can turn to for help when things get confusing. Moreover, I've come to realize that different bots come with different pricing structures. It's essential to understand the costs associated with my chosen bot and ensure they fit into my budget. I don't want any financial surprises down the road. When it comes to reviews and feedback, I know it's essential to do my research. I've read that checking review websites and social media can provide valuable insights. If the reviews are generally positive, it's a good sign. However, if I come across recurring complaints, that's a red flag. I understand that no bot is perfect, but I need to be cautious about consistent issues. One of the necessary facts: the security aspect is paramount. Traders can't stress this enough. I don't want to compromise my hard-earned money, so I'll make sure the bot has robust security measures in place. In conclusion, I've learned that you should always do your own research and maybe start with a bot that offers a free trial or demo version. That way, you can test its capabilities and see if it's the right fit for me before you commit my funds. It's all about making an informed decision that aligns with my unique goals and preferences. What's your favorite bots and platform, folks? Write in the comment below!
by Ingwina
2
Is September hor or not in crypto? Let's talk about altcoinsHey, folks! Today I want to give you a few coins that could rise in September. Let's check it! Solana Solana, often called the "Ethereum killer," is a blockchain that's got a lot in common with Ethereum. You can snag SOL tokens on most major exchanges, but the real juice is in using them for transactions on the Solana network, which packs some unique perks. QUANT Now, check out Quant, or QNT if you're looking for it on the market. These guys are turning heads with their Overledger tech, which links up different blockchains. That's got the crypto crowd buzzing about some serious blockchain interoperability potential. MINA And don't sleep on Mina Protocol, they call it the "lightest blockchain" for a reason. Their approach to blockchain tech has got investors feeling pretty optimistic. It's a fresh take on things, and people are liking what they see. DOT Last but not least, Polkadot's been around the crypto block a bit, but it's still turning heads. Their multi-chain network concept and sweet interoperability and governance features make DOT an asset you don't want to miss. XRP Well, I really feel strange when I trade CRYPTOCAP:XRP , but the last news about collab means a lot. Ripple has acquired Fortress Trust, a Nevada-based chartered trust company, with a focus on crypto and Web3. What are your thoughts on this September? Do you think the ETF delay will have a negative impact on our market or not? Feel free to share your insights in the comments below. I'd appreciate reading your opinions!
by Ingwina
1
Cracking the Code with DCA bot. How to entry?Hey, traders! Last week, I received a few messages from traders who didn’t understand how to enter with the DCA bot, and I decided to write a summary about it. Determining the ideal moment to launch a DCA Bot concerning a crypto coin movement in a range calls for a well-thought-out strategy. Your decision essentially hinges on your expectations of the crypto price and the market scenario. Try to catch delve into some basic pointers: Let's suppose you're expecting the token price to bob within a middle range for some time, and you might find it advantageous to kick-start the DCA bot when the token price is hanging around the middle of that range. This strategy allows the bot to purchase more when prices dip and sell when they rise, effectively making the most of the complete price swing. 2. If you're forecasting an increase in the token price, it could be a smart move to initiate the DCA bot when the price sits relatively low within your anticipated range. This approach allows the bot to gather more tokens at the onset, which could be sold off at a profit as the price ascends. 3.On the flip side, if you're predicting a decline in the token price. This could prove beneficial to get the DCA bot rolling when the price is relatively high within your expected range. This way, the bot can offload initially and then purchase more tokens as the price falls, potentially generating profits when the price bounces back. Take the visual explanation of my guide: Keep in mind that these strategies are basic, and the DCA bot doesn't actually work with concepts like ranges, which are more typical for a GRID bot. Nonetheless, you can still establish maximum and minimum prices to trade effectively within the range zone. Therefore, feel free to apply these suggestions, but always ensure they are complete with your individual investment objectives, risk tolerance, and other factors. Happy trading! I always appreciate your likes and thoughts!
Education
by Ingwina
2
Mastering Crypto Trends: The Power of Trend Lines and LevelsHello Traders! Today we will discuss trend lines and how to use them in trading. Let’s talk about it! You can find the previous article by following this link: Trend Lines: What are They? Here is the chart for an example. There are 3 points we can reference and formulate a strategy for entry. Now, let's explore a scenario with a descending timeframe. We observe a descending structure that I've formed based on two points. And here's a quick tip: when a trend is just beginning to form, the third touch of the trend line is to follow the trend direction. Using this pattern, you can develop a small scalping strategy. Please keep in mind the market context and the impact of volume on price. (Note: The term "scalping" refers to a trading strategy that aims to make quick, small profits from minor price fluctuations.) 2. There are two entry options - entering from a touch to the trend line and entering on its breakout. Let's examine the breakout entry option using Matic as an example. Pay attention to the volume; with each movement, the volume decreases. When you observe such a pattern, there is an additional indication that the bearish momentum has subsided for the time being, and a breakout is likely. The entry will occur upon the breakout of this trend line, with an additional entry on the retest. I have marked the retest with the number 2. How to determine the nature of a breakout, whether genuine or false? Take a look at the coin's backtesting results. Certain coins excel in breakout strategies, while others are better suited for bounce trades. Pay close attention to how volume behaves as the trend approaches. An uptick in volume suggests growing interest and a potential surge in volatility. Moving forward, let's delve into strategies for trading bounces using the example of UNI/USDT. As you can see, the volume increased, and on the 3rd touch (which I've marked as entry point number) We had the opportunity to make a trade. However, there wasn't a notable breakout. Instead, there appeared to be a consolidation of movement. The volume also slightly decreased, indicating that the downtrend movement continues. When Not to Enter on a Breakout There are various systems out there, and I'll explain how you can approach this from the standpoint of Price Action and volume observation. Firstly, volume during a breakout. If the first touch occurred with significant volume. The second touch should ideally have increased volume for the resistance/support level. The second rule. If the market is in a downtrend, the likelihood of a breakout in the opposite direction is low. Additionally, focus on the touch of the resistance line. If it completely encompasses the Initial Move Bar (IMB) and is succeeded by a bearish engulfing pattern, the chances of a successful approach diminish. As an example, I'm attaching a chart for KNC. Upon approaching the level, there was no significant increase in volume, the market context was bearish, and the likelihood of a breakout was low. And let’s talk about breakout entry methods. Which one is considered the most reliable? Let's examine this on the chart. While this concept primarily applies to lower timeframes, the logic remains similar on higher time frames. The distance between a local low and the next one should be at most 1%. A higher volume on the breakout is desirable. A more conservative entry method is from the last local high. Indicators, what do I focus on when entering a trade? Let's take the same coin and examine it with the RSI indicator. Anything below the 50 median line is of interest for trade entry. Values above it might indicate local overbought conditions, offering a possibility for considering counter trend entry. And that's all for today, traders. Leave your comments and let me know which patterns you use for trade entry during trends; I'd be delighted to discuss them with you. Have a great trading week! As always, I appreciate your subscriptions and likes!
Education
by Ingwina
2
How to trade ETH?Hi, folks! Today I saw many charts, and my eyes caught the ETH. First and foremost, relative to Bitcoin, ether is undervalued. Often on the bull market, it recoups itself later on. As I've often noticed, the start of the alt season begins with DOGE rising as well as ETH. We go hand in hand with these altcoins. In case of liquidity spillover, we should pay attention, in my opinion, to CRYPTOCAP:ETH as one of the first coins. Let's take a look at the chart. I see the highlighted zone 1865-1860 as a zone where the false breakout will be played back. The setup should be associated with a huge volume spike on a small candle with a big tail. In the case of growth from the current values, the entry can be at the breakdown of the local high 1920, with the purpose of moving to the resistance of the 1969 and 2010 levels. What do you think about the possible alt season and ETH? Write commentary below! I will appreciate your comments and likes. See you:)
Long
by Ingwina
5
Mind Over Market: How I Win Big with the Right Trading Mindset!Hello, everyone! Today, I would like to share my trading methods with you. 80-90% of the trading work is having the right mindset. The rest comes down to algorithms, strategies, and market phases. What helps me stay on track? Mental hygiene . I don't look at other traders' charts until I conduct my analysis. That allows me to create specific neural connections that have influence to my decision-making process. How I react to news - any news brings volatility, and by determining the intensity gradient, I can assess whether a coin is in the game. I don't pay first attention to PNL - it's better to hide it if your trading terminal allows it. This way, you won't get distracted by profits and losses and can focus on your trading. Meditation - the simplest way is to spend 10-15 minutes sitting with closed eyes, feeling awareness throughout the body. It helps restore dopamine levels and establishes good mind-body coordination. I like reading books. Regarding trading psychology, Mark Douglas' book "Trading in the Zone" covers the topic well. I recommend you read it. Good morning . Start your day with positive affirmations and set yourself up for a calm and steady day. Cultivate equanimity within yourself. I do physical exercise at least 3 times a week. Consistent strength training helps me improve neural connections with my body and muscles, creating a high hormonal environment for further success. Supplements. I study my diet, of course I might have a beer every once in a while. But taking daily supplements that make me feel better is a masthead for me. And the last one. Use your market gains to spend on your dreams. Just start from small to big. This way, you reinforce positive affirmations for future victories. Reinvesting in your portfolio is essential, but remember to take profits from some period to enjoy the results here and now. These are simple methods, and everyone has their approach to the market. Maintain a stable mindset and keep improving your knowledge! What methods do you follow, folks? I would appreciate your subscription and likes for this post! See you!
Education
by Ingwina
Bull market strategies (Part 3)Hey, traders! My friends have asked me to compile a list of actions we should take during a bull market, and that's what this post is about. Let's get started! Also, this is the final "The bull market" post in this list of articles. I have also attached part 2 below. As the bullish markets wind down, I always keep a sharp lookout for lower-priced cryptocurrencies to expand my investments and diversify my portfolio. To navigate the bullish market wisely and ensure sustainable growth, I implement the following strategies: Buying early : Catching the beginning of a bull run can be challenging, given the ever-changing crypto market conditions. However, I diligently monitor technical indicators and strong market sentiment to identify the start of a bull run. The earlier I buy, the higher the potential selling price. The first indicators that I will use are RSI/Stochastic. Planning profit-taking with sell limit orders : To overcome the fear of missing out on huge gains, I make it a habit to take profits consistently. I sell portions of my assets while retaining others for future growth. Leveraging sell limit orders help me automatically sell my crypto once it hits a predetermined market price, allowing me to secure my profits effectively. HODLing and reaping the rewards : Holding onto my crypto not only helps me sidestep Capital Gains Tax, but also presents opportunities to generate income. I explore passive income options like staking, lending, and providing liquidity. However, I always exercise caution when selecting DeFi protocols to avoid triggering any unwanted taxable events. Amplifying gains with leveraged trading : While derivatives, margin trading, and leverage can be enticing during a bull market, I know that conducting thorough research and risk assessment is crucial. These financial products have the potential to multiply my gains by increasing my exposure to the underlying asset if the market moves in the right direction. Using automated crypto tools : Trading bots play a significant role in my trading strategy. With automated trading, I can trade more efficiently and capitalize on even the smallest price swings without having to myself monitor the markets. Diversifying my portfolio : Spreading my investments across various assets is a risk management approach I firmly believe in. I analyzing performance indicators like previous all-time highs, past performance, and roadmaps. I can make informed decisions about diversifying my investment choices. Preparing an exit strategy : I will always keep in mind that even bull markets eventually end. Therefore, I tailor my exit strategy to ensure I've recouped my initial investment by the end of the bull run. Holding diverse parts of assets for future growth is also a crucial part of my exit plan. What is your strategy at this period? Write in the commentary below. I will appreciate your subscription. See you, folks! Have a great week!
Education
by Ingwina
XRP trading automated during volatility and crash for profit. By assigning the Teseo bot on the Kryll marketplace to trade XRP on the Binance portfolio, the automated strategy managed to churn out a profit during the bloodbath the market experienced. You can see the comparison of the trading bots' performance against a simple buy/hold strategy and notice that buy/hold at the time we started the bot would have led to around a 16% loss whereas the bots trading system managed to optimize the portfolio to buy and sell XRP for profits. On Kryll.io you can: - Use TradingVIew charts and indicators to build profitable trading bots with zero coding experience needed. - Backtest, optimize and automate your trading strategy. - Copy trade from the best crypto trading bots in the crypto space. - You can manage all your trades on all your exchange accounts through the Kryll.io platform.
by Kryll_io
Volume based approach to trading smaller caps - +1130.8 % in 6mThis week we are demonstrating a volume based trading approach on KIN, but it can be adapted and used to trade other projects. The goal is to have a completely volume based trading approach. With smaller projects that can be all you need to predict the next move - in fact this strategy racked in +1130.8% in the past 6 months. Compared to KIN's 475% appreciation, the result of the strategy is stellar. We'll be using OBV to gauge volume. On balance volume shows a total of the asset's trading volume and indicates whether this volume is flowing in or out. If you want to find projects that will be trending OBV is a great tool to see if there is potential. The swings on smaller market caps can be higher so adjust accordingly. WILL POST POSITIONS BELOW The goal of the strategy: - to beat holding KIN in that period - a dynamic strategy that has us in a position most of the time, exits when volume is outflowing - work with % changes in OBV rather than numbers as we want to be potentially able to use the strategy on another pair - simple to track and execute The strategy: Initially we tried to catch the breakouts by involving other indicators too, but upon experimentation they proved to be unnecessary. This was the most fruitful set-up. 1 H chart - open position when: OBV is up by 2% in last 2 days - close position when: OBV is down by 3% in last day - no SL/TP - only market based conditions - do not open a position is both the open and s are correct at the same time. If you find it difficult to manually 1track those OBV changes they can be automatically tracked in CLEOone. The results: This strategy brought +1130.8% in the past 6 months, beating holding KIN which would have you at +475%. Not only does the strategy win more positions than it loses (290 vs 273) it also wins more than it loses on average - +4.07% vs -2.95%. The average position was held for 2 hours with almost 4 positions open per day. The positions: 23/03/2021 18:00 23/03/2021 19:00 1 hour +5.19% 23/03/2021 08:00 23/03/2021 11:00 3 hours +7.46% 23/03/2021 01:00 23/03/2021 03:00 2 hours -4.52% 22/03/2021 20:00 22/03/2021 21:00 1 hour -1.46% 22/03/2021 12:00 22/03/2021 18:00 6 hours +2.91% 22/03/2021 09:00 22/03/2021 10:00 1 hour -4.06% 22/03/2021 01:00 22/03/2021 08:00 7 hours +23.8% 21/03/2021 22:00 22/03/2021 00:00 2 hours -2.43% 21/03/2021 20:00 21/03/2021 21:00 1 hour +0.781% 21/03/2021 18:00 21/03/2021 19:00 1 hour +1.16% 21/03/2021 13:00 21/03/2021 14:00 1 hour +3.42% 21/03/2021 08:00 21/03/2021 09:00 1 hour +0.727% 21/03/2021 05:00 21/03/2021 07:00 2 hours -1.44% 20/03/2021 14:00 21/03/2021 04:00 14 hours +27.3% 20/03/2021 10:00 20/03/2021 13:00 3 hours +11.5% 20/03/2021 07:00 20/03/2021 09:00 2 hours -2.03% 20/03/2021 05:00 20/03/2021 06:00 1 hour 0% 20/03/2021 02:00 20/03/2021 03:00 1 hour +1.02% 20/03/2021 00:00 20/03/2021 01:00 1 hour 0% 19/03/2021 13:00 19/03/2021 20:00 7 hours +2.7% 19/03/2021 11:00 19/03/2021 12:00 1 hour KIN/BTC -3.61% 19/03/2021 09:00 19/03/2021 10:00 1 hour +1.05% 19/03/2021 05:00 19/03/2021 08:00 3 hours 0% 18/03/2021 21:00 18/03/2021 22:00 1 hour 0% 18/03/2021 19:00 18/03/2021 20:00 1 hour +1.66% 18/03/2021 17:00 18/03/2021 18:00 1 hour 0% 18/03/2021 14:00 18/03/2021 16:00 2 hours +0.549% 18/03/2021 10:00 18/03/2021 11:00 1 hour +0.538% 18/03/2021 07:00 18/03/2021 09:00 2 hours KIN/BTC -1.1%
by CleoFinance
6
Systema PerPro Crypto Scalper 85% AcertividadEl sistema PerPro Crypto scalper El sistema PerPro e sun sistema desarrollado despues de varios anos de trabajo, basicamente es un sistema q usa tendencia, volumen y volatilidad. Operando con tendencia En el análisis técnico bursátil, la tendencia es la dirección o trayectoria en que evolucionan las cotizaciones de los valores o mercados en el tiempo, estos precios forman máximos y mínimos que forman canales. Esta dirección de los precios puede ser ascendente, descendente o plana, teniendo en cuenta que, en la mayoría de los casos, se puede definir una tendencia alcista o bajista y, en ocasiones, una tendencia lateral. Si encuentras con un sistema algorítmico la tendencia tienes un 50% del trading ya ganado. Normalmente se usan líneas los máximos y mínimos, estos forman canales ascendentes o descendentes. Otra forma de medir la tendencia es usando media móviles, simples o exponenciales normalmente se usa cruce me SMA o EMA 50 200, estas media móviles son las mas usada pero podemos encontrar otras configuraciones. Operando con volatilidad La volatilidad en los mercados es la variación que experimenta el precio de un activo respecto a su media. También se puede definir como la velocidad a la que fluctúa el precio, independientemente de que el valor tenga una tendencia determinada. La volatilidad se calcula poniendo en relación la rentabilidad del activo durante un periodo de tiempo y la rentabilidad obtenida en cada sesión En pocas palabras la volatilidad es un efecto cíclico, provocado principalmente por la entrada agresiva o salida agresiva de dinero en el mercado o lo que es lo mismo, por el miedo o por el entusiasmo. Los cambios en la perspectiva de los participantes provocados por las noticias, crisis, desastres naturales o simplemente por la entrada o salida de grandes capitales, harán que el precio se mueva rápidamente en espacios cortos de tiempo. Hay ciertos indicadores que no dan información de volatilidad como el ATR o average true range, desviación standart y para spx el vix. Para ma sinformacion le recomiendo leer (estrategiastrading.com) y (www.estrategiasdeinversion.com) ATR Añadir el ATR a un gráfico ayuda mucho para visualizar la volatilidad del valor. Como vimos anteriormente la tendencia podemos encontrarla usando canales o media móviles, esto nos lleva a tener pérdida de tiempo, en trazar canales y analizando los cruces. A esto le debemos sumar el análisis que no llevara el ATR o estándar desviación, para encontrar una entrada perfecta. Con el algoritmo PerPro Crypto Scalper podemos entrar en el momento justo donde la tendencia y la volatilidad se unen para darnos una buena entrada. The PerPro Crypto scalper system The PerPro system is a system developed after several years of work, basically it is a system that uses trend, volume and volatility. BITFINEX:BTCUSD Operating with trend In the technical analysis of the stock market, the trend is the direction or trajectory in which the quotes of securities or markets evolve over time, these prices form maximums and minimums that form channels. This price direction can be ascending, descending or flat, taking into account that, in most cases, you can define a bullish or bearish trend and, sometimes, a lateral trend. If you find an algorithmic system the trend you have 50% of the trading already won. Usually the maximum and minimum lines are used, they form ascending or descending channels.   Another way to measure the trend is to use half mobiles, simple or exponential normally used crossing SMA or EMA 50 200, these moving average are the most used but we can find other configurations. Operating with volatility Volatility in the markets is the variation experienced by the price of an asset with respect to its average. It can also be defined as the speed at which the price fluctuates, regardless of whether the value has a certain trend. Volatility is calculated by relating the profitability of the asset during a period of time and the profitability obtained in each session. In short, volatility is a cyclical effect, caused mainly by aggressive entry or aggressive exit of money in the market or what is the same, by fear or enthusiasm. The changes in the perspective of the participants caused by news, crisis, natural disasters or simply by the entry or exit of large capitals, will cause the price to move quickly in short periods of time. There are certain indicators that do not give volatility information such as the ATR or average true range, standart deviation and for spx the vix. For ma sinformacion I recommend reading (estrategiastrading.com) and (www.estrategiasdeinversion.com) ATR Adding the ATR to a graph helps a lot to visualize the volatility of the value. As we saw earlier, we can find the trend using mobile channels or media, this leads to waste of time, in tracing channels and analyzing the crosses. To this we must add the analysis that will not take the ATR or standard deviation, to find a perfect entry. With the PerPro Crypto Scalper algorithm we can enter the moment just where the trend and volatility come together to give us a good entry.
COINBASE:BTCUSD
by PpSignal01