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Author Topic: Bitcoin Trade Tracker  (Read 101 times)
ImThour (OP)
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March 01, 2022, 11:46:35 PM
Last edit: March 03, 2022, 01:04:23 AM by ImThour
Merited by xhomerx10 (1)
 #1

Bitcoin Trade Tracker

What is it?
A bot which works on a pre-defined Trading strategy to find the trade opportunities in different time-frames.

Indicators Used
Relative Strength Index
Stochastic RSI
Volume Weighted Average Price
Moving Average Convergence Divergence

Three Outcomes
Buy/Long - When all the bullish outcomes are matched with the Trading Strategy.
Sell/Short - When all the bearish outcomes are matched with the Trading Strategy.
None - When none of the outcomes are matched.

Now comes the main part, the Trading Strategy:

Buy/Long Scenario
Criteria 1: Price is Less than VWAP Lower Bound
Criteria 2: RSI < 50
Criteria 3: SRSI < 20
Criteria 4: MACD Histogram Value is in Negative

Sell/Short Scenario
Criteria 1: Price is Greater than VWAP Upper Bound
Criteria 2: RSI > 50
Criteria 3: SRSI > 80
Criteria 4: MACD Histogram Value is in Positive

It requires all criteria's to match in both the cases otherwise, result will be None.

Preview

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moshiurmilton
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March 17, 2022, 04:05:21 AM
Merited by hugeblack (2)
 #2

Where is the bot? Twitter or telegram
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March 18, 2022, 12:27:09 PM
 #3

The link you put leads to a page on Twitter, that page is not working now.

So the bot is programmed on the previous values without having a role in analyzing the system, meaning that the trading strategy will be done according to the change in the ratios of the RSI, Stochastic RSI, weighted average price, moving average convergence divergence without taking into account any other factors linked to the price?

How quickly orders are executed and a guarantee that they will not be hacked.

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