The new standard
Add one of the Degenbot algo’s to your Tradingview chart and use the signals to trade Bitcoin or other crypto pairs. Degenbot will tell you when to buy and sell. The beauty of this, is that you can use the alerts to automate the algo and let a Bot (Jubot, 3comma’s, etc.) to trade for you! Check our Tradingview profile for more info about the algo’s: https://www.tradingview.com/u/Degenbot/#published-scripts
The algo’s come with a strategy backtester, support and a great community to help you!
The algo uses normal candles and the alerts you see on the charts are the alers you will get.
Trailing SL & TP
Range based trailing SL to take profit or close position when trade goes the wrong way.
Get help from other experienced algo traders on our discord
Automate your trading
Use the alerts in the algo’s to automate your trading with a trading bot.
Adjust the algo for other currencies
There are a lot of parameters to tweak in the algo’s. You can adjust it for other currencies like ETH, LTC, XRP
Try it for yourselve, sign up for a 1 month free trail!
So how does the algo work?
The Algo’s have 7 build in indicators, combined with a trailing stoploss.
When there are more indicators short then long it will short and vice versa.
– Range filter
– Wick fisher
– Pump and dump
The trailing stoploss is used to take profit or stop the position out when the trade goes the wrong way.
– 1HR : 100% ROI / Month 64.71% profitable 11.86% max drawdown
– 15M : 110% ROI/ Month 74% profitable 6.84% max drawdown