Yesterday I made $60,000 on $DOGS with an automated trading bot ๐ฅ
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 canโt afford to overthink or second-guess our decisions.
There are many different indicators but in my opinion these work best for short-term trades โคต๏ธ
โข Moving Averages (MA)
โข Relative Strength Index (RSI)
โข Average Directional Movement (ADX)
โข Bollinger Bands
Apply the indicator and test the performance.
โข Head back to the TradingView and paste the new code to the Pine Editor;
โข Ask GPT 4 to fix errors if there are any, save the indicator and update the chart;
โข Launch the Strategy Tester and check the performance.
๐๐ก๐ข๐ฌ ๐ข๐ฌ ๐ฃ๐ฎ๐ฌ๐ญ ๐๐๐ฎ๐๐๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐จ๐ง๐ญ๐๐ง๐ญ
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.
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