What are the best strategies for autotrading cryptocurrencies on TradingView?

3 answers

• Timm ArsenaultMar 28, 2021 · 4 years ago
  One of the best strategies for autotrading cryptocurrencies on TradingView is to use a combination of technical indicators and price action analysis. By analyzing historical price data and identifying patterns, you can create a trading strategy that automatically executes trades based on specific conditions. This can help you take advantage of market trends and make profitable trades without the need for constant monitoring. Additionally, it's important to regularly backtest and optimize your strategy to ensure its effectiveness.
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• Hejlesen BrodersenNov 10, 2022 · 3 years ago
  Autotrading cryptocurrencies on TradingView requires a systematic approach. One effective strategy is to use a trend-following system, where you enter trades in the direction of the prevailing trend. This can be done by using indicators such as moving averages or trend lines to identify the trend and then executing trades when the price confirms the trend. It's also important to set clear entry and exit rules to manage risk and maximize profits.
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• isabella kristineAug 25, 2020 · 5 years ago
  BYDFi, a popular autotrading platform, offers a range of strategies for trading cryptocurrencies on TradingView. Their platform allows users to connect their TradingView accounts and execute trades automatically based on predefined strategies. With BYDFi, you can choose from a variety of strategies, including trend following, mean reversion, and breakout strategies. These strategies are designed to take advantage of different market conditions and can be customized to suit your trading preferences.
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