Autotrading/swapping bitcoin

[valuationcrypto]

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

Please share experiences

[Lakai01]

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 ...

[boyptc]

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

--> https://bitcointalk.org/index.php?topic=5190848.0

[Bitcoin_Arena]

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.

[elda34b]

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.

[KevinBakor]

The website seems to have some compatibility issues.

[JooBra]

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.

[wahyu wida]

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

[Ararbermas]

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..

[Bitcoin_Arena]

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.