Which bots and indicators are you using?

[tochkata]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

[Wapfika]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

I use grid trading bot whenever the price moves with specific price range while DCA bots when there is clear trend in the market just like what happened on current price of Bitcoin.

As for indicators, RSI and MACD combination works for me but pattern is my main tool to back my trade. There’s no fixed earnings on my trade since I usually just hold and trade using small amount to avoid missing out pump and also to minimize risk.

There’s a lot of indicators put there but I suggest to use the basic since it’s the most accurate one.

[Oshosondy]

I do not use trading bots but I use indicators. The common indicators that I used are RSI, BB and SAR. Indicators are not absolutely accurate. The more you trade the more you will be able to use them in the market.

I do not use bots because I trade manually. Also I set TP (take profit) at times. If you are looking for a means to make money from trading and you want to manually be doing everything, bots are not for you. But if you want trading to automatically, consider learning about bots.

Bots will not let you win more. It may let you lose just like if you are not using it to trade. What makes you make profit in trading is your experience in trading.


Trading is very risky.

[bitcbybitc]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

Currently trying this one https://blazingbot.com/ However, this is probably not the tool for the complete noobie.

[2Pizza410000BTC]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

I do not use any bot for trading on the trading platform. I trade without the help of bot. Different traders can use different trading bot it's personal matter but I think trading bot won't bring me any profit in trading platform and also I have no experience of using trading bot that's why I'm not using it.

All the indicators that I am using in the trading platform are RSI, EMA, VOL these are some of the trading indicators set in my trading platform but honestly I don't know the proper use of it. But I am trying to know something.

My average and monthly income from the trading platform is not calculated. If I earn from the trading platform, I immediately sell it and convert it to my local currency. But the trading platform is a very risky platform, trading here with little experience will lead to loss in trading. It is always better to take this risky business seriously.

[Popkon6]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

I trade, but do not use any votes. In this case, I observe green candles and red candles during trading, which indicate dumping and pumping in the market. Generally speaking these opportunities and the image of the market, current time trading has the most risk because it is not always possible to make a profit in trading. 
But if you want to trade then you need to gain experience in trading and market indicators you can trade. Experience is the most effective and risk taking ability must be avoided to avoid greed, because you have to start trading by dealing with the situation and then you have to buy following the pumping and dumping of the market.

[jcojci]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

I don't use bot to trade but choose trade manual so I can learn more about trading. Using bot needs to learn how to run the bot so you still need to learn about trading. It is better to trade manually because you will have a chance to improve your skill in trading. Although I am not good to trade using indicator but I used RSI, BB, and MACD.

If we talk about average monthly earnings, that will be difficult because we don't know when we can profits and all of that will be based on our skills. Besides that, it will depends on how the market moves so we can analyze using our skills and we hope we can make a profit.

[JeffBrad12]

I didn't use bot because I'm still doubtful about its capability, personally I'd just use usual indicator like others have mentioned but I generally just follow SMC trading concept.

one thing that I didn't like about RSI though, an asset could stay overbought for really long period and this means making an entry could spell our doom.
in this case I prefer MACD better.

but at the end of the day, the most important thing is managing risks.

[Tipstar]

My grid bots are doing pretty good now. I might have lost more than I've earned but this bull run, I've already turned my $200 to $400 in about 3 months of grid trading. The way I do is I look for signals/indicators/oscillations, when I think the coin might have hit a low, I jump into it with 50-50 up down grid bot. Even if I'm wrong, the profit would be much better than other ways of trading as the price changes would be wild and I'll be in a good profit even if it hits back my buying price. I plan to keep some of my money as backup and keep investing others. Now I have $250 is SUI and $100 in ETH. Both are earning good in grid and ETH is about exceed my high point. When it does, I just take the USD and keep looking for it or other coin to fall significantly to look for oscillation.

[el kaka22]

Not using one could be a proper one and could be a good idea as well. I understand that we are going to want to make something working in this one, but that doesn't mean that we are going to get a great result that easily, we shouldn't really be worried about indicators when we are trying to make some money and that doesn't mean that we should be making decisions based on just indicators, certainly we shouldn't do that based on bots at all, that doesn't make any sense to me at all.

We need to make money based on what we know, if you really want to check indicators, just do that based on EMA and BB, that would be enough and do it yourself and don't do it with bots, because that will not be a good thing at all, we need to make sure that we are going to make money based on our own research.

[Dr.Bitcoin_Strange]

Well, I don't trade with bots, the only indicator that I allowed on my Price Chart platform (Tradingview) is MA (Moving Average) but I don't pay any attention to it. My best strategy is mostly to draw a support and resistance line, identify the demand and supply zone, I watch how price perform when they reach those zones, it's from those zones that I find my entry point, depending if the brake of structure tells me if it's a strong or weak position.

Since this month, my win rate with that strategy is higher than the losses I got. I have taken about 10 trades this month, only had two losses, the second one just happened early hours of today.

[taufik123]

Now there are many types of trading bots that can be used but of course you have to choose which one is recommended,
don't use a trading bot that will only harm you.

I usually use some of the trading bots that are on the Exchange such as Binance, Bitget and on Bybit because.
Like the Grid Betting and Copy trading Bots that can be used on Binance and you can learn it yourself. DWYOR.



And for the indicators and platforms that I use is tradingview because it is complete with many indicators that help to make predictions,
technical analysis and is available with some news related to the rise and fall on the chart listed.

[SamReomo]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

I'm not going to share my monthly earnings with you as that's against the law of privacy for me, but when it comes to indicators I personally use 3 indicators for trading.

The most important indicator that I use is RSI, and another important one is Bollinger Bands, and the 3rd one that I rarely use is Stochastic RSI.

When it comes to bots, I don't use bots for general trading because I believe bots aren't needed for trading, but when it comes to meme coin trading, then I personally use Photon and Bullx. I would consider them as trading interface rather than bots.

[Hamza2424]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

Hi buddy How are you doing,

In the first post you are asking about the tricks to make money, which is not a good start, calm down and understand the basics first then start making some decisions with your analysis then you can ask for tips and tricks. Be patient and control your emotions, bro. I'm sure no one is gonna take it seriously buddy.

I hope you will stay active here in this market and on the forum too so we can discuss with some more topics.

[Rruchi man]

Hi, I'm new to crypto. I am looking to learn more about the tools you use to trade cryptocurrency. Could you share what bots and indicators you use and what your average monthly earnings are?

It is easy to start thinking about earning monthly from trading when you have just started trading, but as you progress, you discover that those who make regular profits from trading crypto did not just arrive at that point; they have dedicated a lot of time into becoming better traders to arrive at that point.

Dedicate time and be consistent on learning and becoming a better trader; with time you will be able to have a steady monthly average earning from crypto.