New knowledge is always interesting.  With pleasure I would like to receive information and test the strategy.

I'm not sure I fully understand your question, but I'll try to answer.
If you use candlestick analysis and waited for a signal candle for a 4 hour or 1 day timeframe, then a bot signal will be a good confirmation.

If you use support and resistance blocks on timeframes of 4 hours or 1 day, then using candles you specify the range of the block itself and make an entry at the signal of the bot.

Send your schedule in the comments in the bot and we will try to figure it out.

You confess 3 extremes, not allowing any other options, this is your right, I have other principles. 

At the same time, you contradict yourself by describing an experienced trader as a specialist who has collected a lot of statistics.. Right, I assume that the same trader collected statistics not only by looking at an empty chart, did he use some tools?  And rightly I can assume that this trader did not always know how certain instruments work at the level of creating these instruments on their own?

 You don't have to be an electrician to use electricity.

Those people who plan to trade and who want to succeed will look at my idea and draw their own conclusions.  If someone wants to know how it works, he will ask a question and I will try to explain, that's fine!

 But you went into the bot for 15 minutes, made your extreme conclusions, this is your right, but I note that you contradict yourself by doing this))

Considered the 30k support zone for bitcoin in telegram.

The idea of ​​the deal according to option 2 is that the levels of resistance and support most often push the price away from them.  The developed signal makes it possible to enter without touching the stop loss

Thank you for your feedback, but I can't agree with your argument. There are very hardworking people with experience and knowledge and a large deposit and they do everything right as it is written in books and it did not help them in trading. There are people who use mediocre tools and they manage to earn money.

The truth is that neither I nor you nor anyone else can answer the question of what is suitable for this or that person or what is missing for someone to succeed, so the more tools a trader tries and the more effort he puts into systematizing his trading, the more likely to achieve the desired result in a shorter time.

It is also true that you cannot judge the quality of an instrument without collecting statistics or comparing your entry points with the instrument. Moreover, you cannot decide what an “experienced trader” will or will not do.

If you don't mind, describe what "serious trading" is, I can't understand it.

Did I understand correctly that if a person has experienced some kind of negative experience, he does not have enough money at the moment, has made one or more mistakes due to which he lost money, then he is considered a novice and inexperienced trader in your opinion? (I was the only one who got the impression that you classify such people as losers who have no chance of success?)

logfiles, Yes that's right.

Entry points for btsusdt for 1h timeframe - https://t.me/Exampleautomationbot - instructions inside the bot

I described the system of working with the tool for people who already know how to do analysis by levels or technical analysis, or perhaps follow analysts on the specified timeframes, described in sufficient detail how to use the tool and am ready to answer any questions or consider setups both in this topic and in the specified telegram.


Read the first post again, sections “Option 1” and “Option 2” give instructions for working with stops, adding positions by the action algorithm - which once again suggests that these are not signals, but an instrument, and it looks like a channel with there are many signals of which, but everything ends on the external similarity.



Could you tell in detail who you met and who earned what and how much, but for now there are some general phrases, I can’t catch the essence to answer you something!

This is a standard warning label for understanding that everyone must make their own decisions and be responsible for them.

In general, you are right, these are signals that help to find good entry points for btcusdt on the 1h timeframe, as I described it. 

You can learn something from your experience that my tool can protect.

Talking about the trading system, I talked about the bot for determining the entry point by btcusdt - https://t.me/Exampleautomationbot

This bot is only a demo tool, but it alone can become part of a small system of work to find entry points, which I will describe in more detail below.

Entry points for btsusdt for 1h timeframe - https://t.me/Exampleautomationbot

How to use option 1:

Determine yourself or peep from experts technical analysis figures, resistance and support levels, price analytics for bitcoin using any tools, the main thing is that the chosen setup should be on the chart with a timeframe of 4 hours or 1 day, only then it suits us.

So, you have found an interesting level or figure of technical analysis on the chart with a timeframe from 4 hours to 1 day and you are ready to agree with the expert's opinion about the future direction of the price, then wait for a signal in the chosen direction and make an entry. Let's say that according to this figure, the expert claims that now is an excellent level for entering a long position - wait for a long signal on the indicator and enter.

Entry according to one recommendation no more than 2 times and use the entry grid: entrance, gain by - 3%, gain by - 4.5% in equal parts. Stop 6.3%. About the exit system is a separate conversation.

Option 2:

Often "experts" say, look at what the price shows, here is the level or pattern and from here the price will go up here or down here and few people can understand how it works, just this tool will help you enter and will be useful if the considered timeframe is from 4 hours to 1 day. In this case, you make one entry from the indicated level with a stop of 6.3%, regardless of what signal it is up or down, and if the stop is triggered, wait for another signal and enter the signal again, regardless of up or down with a stop of 6.3%


And so, the lower timeframe on which the entry is made - 1 hour these signals come to this channel,
senior timeframe 1 day, working timeframe 4 hours. We are looking for a setup on timeframes from 4 hours to 1 day, and we enter at the signal of 1 hour from this channel.

PS: This is a demo tool of a small part of the automatic trading system for Binance. If you want to test yourself in trading, if you are looking for a new system for working with bitcoin, you should test this tool.
For testing, you can take the analysis of the price of bitcoin on the YouTube channel "The Moon". It has average analytics, but the timeframe is suitable and with it on the history of 20 trades, you can expect a positive result using 2 entries per setup and a total stop of 6.3% as described in example 2.

The tool is for educational purposes only))

You are absolutely right, any system will suit someone, it will not be acceptable to others, I also wrote about this above. But in order for the system to be clearly described (which I plan to do), it is necessary to describe a lot of information and show tools that will confirm the description. I can't do this in one post.

Whoever is interested and who will give me a credit of their trust, I will be happy to demonstrate everything step by step and answer questions, but not looking ahead.

This information is important as part of the system!

Absolutely right, I have no task to prove my case. In the next topic, I will post a tool for working with the Bitcoin trend for timeframes of 1 hour and older.

The task of this topic is to tell that all the tools in trading should be considered as a set - a system. If you accepted this idea as useful for yourself, then the topic has fulfilled its role.

Binance limits the maximum amount to 10,000 EUR, which is $550 with 17 leverage, and if your position goes into profit, then there will be no limit left. With 17 leverage - 25-60% in cases of profit, this is normal. It turns out that you need to open $250-300 in the future, wait for the border of the limit and exit before the limit.

Decentralized exchanges have little liquidity, large spreads and lack the right tools for the right assets.

As I wrote, my system is automated -
this allows you to eliminate errors associated with a long wait and price monitoring. And all the automation is done for Binance.

Here is a link to the news about the restrictions, the letter is not much different in content - https://www.binance.com/en/support/articles/4887e569afdf4b1e89e024371d3a49b9

One fine day, Binance told me, take a breath, take a break, you should not trade so successfully with increasing volumes anymore .. He said that even 10k EUR would be enough for me)) (binance.com/ru/support/announcement/4887e569afdf4b1e89e024371d3a49b9). I can’t agree with this and therefore, thinking about what to do, I decided to share my experience and see if it will be useful to the community.

Before you continue reading, I will give you a piece of advice that has always helped me in trading.

Study and supplement your trading system until the result is good in different phases of the market.

My content will describe my system, it may or may not suit you, it may not seem interesting or understandable, this is normal. I just want to emphasize that this is a complete system that works both in long and short, and in flat. My system allows % errors and is based on the probability of a trend movement.


Has gone from 2017 from complete zero to the creation of a semi-automatic trading system for the Binance exchange. Systems where you only need to determine the direction of the trend, which is quite realistic in more than 70% of cases, and then the system works without my participation, which helped to minimize the human factor that often interfered with me before (I took a small profit, or expected a big loss, or spent too much time sitting next to the monitor, which is not acceptable for a full life).

What does the system consist of:

1. Trend detection
2. Search for the optimal asset
3. Determination of an error-free entry point for the lower timeframe
4. Determination of exit points

In this part, we talked about the system - having a system, you will understand whether it fits or not, you will be able to evaluate both the overall result and the result of some part of the system. You can replace or correct the desired part.


In part 2 we will talk about the trend.

Thinking about generating useful content, I created a topic in this section - "The trend is your friend if you know how to identify it", the topic has become quite popular and to my surprise, people are sharing interesting content, but there is no one systematic way that one could immediately take advantage.

 If this information is worthy of your attention, let me know and I will make a post with instructions for working with the trend.

+++++++
Addition:

Since in the next topic I will tell you how the trend detection tool works and give access to it, I will describe here some more useful information about the timeframe system.  These are my observations, I do not claim to be accurate.

 Using the system I describe, it is useful to consider that:

 Bots trade on timeframes up to 5 minutes
 5-15 minutes intraday traders
 30 minutes - 4 hours, day traders
 1 day -1 month investors.

 This information makes sense when there is no global industry news or macroeconomic news that forces most groups of traders to make the same decisions.

Using multiple timeframes can bring us closer to understanding the trend, its beginning and end.

It seems to me the basic thing with which I want to understand. Could you tell us about your experience in using multi timeframes?

Great response to the topic and so much useful information!

Many said about the news, I did not pay so much attention to them. I pay more attention to the correlation of bitcoin and S&P 500

https://prnt.sc/U4txeTnpI851 Will this trend go down?

How to determine the trend for bitcoin?

Share tools or your opinion on determining the turn for bitcoin.

The topic is interesting because correct knowledge of the Bitcoin trend will help predict the direction for 98% of altcoins according to my observations.

Пока поделился, а там посмотрим куда выведет кривая американской мечты.