Yesterday I made $60,000 on $DOGS with an automated trading bot đĽ
I'm planning to print even more during $HMSTR and $BLUM listings.
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Trading bots are key to making good profits even with a small capital.
New viral listings always bring massive volume, and that's exactly when the right trading bot can generate life-changing wealth.
Yesterday, $DOGS had over $2 Billion in volume, and with a good bot, you could've made 5-6 figures in just a few hours.
Today, I decided to share my setup and teach you how to create your own fully automated trading bot.
configurations, and the results exceeded my expectations. Yesterday, the bot made $60,000 on trading $DOGS.
Pick an indicator.
Indicators help to analyze price movements and make correct trading decisions.
During new listing events we should focus on short-term trading and canât afford to overthink or second-guess our decisions.
There are many different indicators but in my opinion these work best for short-term trades ⤾ď¸
⢠Moving Averages (MA)
⢠Relative Strength Index (RSI)
⢠Average Directional Movement (ADX)
⢠Bollinger Bands
Apply the indicator and test the performance.
⢠Head back to the TradingView and paste the new code to the Pine Editor;
⢠Ask GPT 4 to fix errors if there are any, save the indicator and update the chart;
⢠Launch the Strategy Tester and check the performance.
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Automate the trading.
Once you adjust your indicator and it shows good performance, you can create a bot to automatically execute trades based on your indicator.
I ended up implementing Moving Averages (MA) for the short-term trading in my bot.