Signal Reversal — BTC Trading Bot Update March 19th-2024
Would ya look at that. Just look at it.
Would ya look at that. Just look at it.
Yesterday evening I got a stream of notifications from the XT app again:
Most of them are a downtrend in random futures coins I know nothing about.
I slammed stop on my BTC bot and restarted it with a much wider spread. (Which I was probably doing to do anyway because I’ve been in the red since the 16th, but this signal made me do it a little quicker, and it saved me a couple hundred bucks as a result)
And within HOURS the market trended downward and BTC lost another 5%.
This seems to be proving useful.
Crypto Whale Watching; Trading Signals — Futures Price Notifications
A curious phenomena I’ve noticed….
I’ll be testing this in the coming weeks.
Note : I am posting this not because I want to give out info before validating it, but because I want to test it, and see if others will test it and get the same results. Please comment if you try this and find it works for you.
I am going to be testing this first by paper trading with Crypto Trader.
If I can use this signal in paper trading and be consistent — I will be more confident in adjusting my bot settings anticipating movement based on those notifications.
Maybe this will help me become more profitable overall.
Maybe I can integrate this signal one day into an advanced custom trading bot.
Right now — my bots jumping out of range keeps me in the red for a few days every month.
If I can prevent that by responding before the big movement based on futures notifications, that would kick mega a$$.
I have not really validated this yet, so don’t stake your Lambo on it.
Continue to the next story in this series :
Back in the Saddle— BTC Trading Bot Update March 20th-2024
Navigating the BTC trail.medium.com
Thank you for reading!
Until next time….
Onward and Upward Everybody!
-Chris
Automated Income Lifesyle w/ Chris Morton YouTube
#cryptotrader #tradingbot #btc #bitcoin #altcoins #automation #automated #botlife #investing