Boost your wealth with this ChatGPT trading strategy – see results!

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Best Trading Algorithm for Bitcoin and Ethereum

In this video I will share with you one of my best trading algorithms

Automated Trading Strategy for Bitcoin and Ethereum

In this video, I will share with you one of my best trading algorithms that I coded using ChatGPT. This automated trading strategy generates high returns on Bitcoin and Ethereum. It is highly customizable and works in all time frames. The script is private, but I will share its link once this video gets 20K views and 2K likes. So drop that like and share the video with your friends so we hit those numbers as soon as possible. Also, be sure to watch it till the end because I will share the backtesting results and the best strategy settings for each time frame.

Understanding the Logic Behind the Strategy

Okay, without wasting any time, let’s understand the logic behind the strategy and the indicators used to build it. The algorithm includes three technical indicators and the Average True Range (ATR) for determining where to place stop-loss and take-profit targets.

The first indicator our strategy uses is called the Kirill Channel, created by Gesanov Kiril. The Kirill Channel indicator is a technical analysis tool that provides traders with dynamic support and resistance levels, helping them identify potential entry and exit points in the market. The indicator is based on the concept of volatility channels and includes multiple channel lines that adjust to market conditions.

The Kirill Channel consists of the following components:

  • Border top 1 and Border bottom 1: Primary support and resistance levels
  • Central line: Average price of the asset over a specific period
  • Border top 2 and 3, Border bottom 2 and 3: Secondary support and resistance levels

The Kirill Channel is designed to adapt to changing market conditions by adjusting the width of the channel based on the asset’s volatility. This feature makes it useful for identifying potential trend reversals, breakouts, and managing risk in trades.

Indicators Used in the Strategy

In addition to the Kirill Channel, we will use the Relative Strength Index (RSI) and the Volume Oscillator as confirmation indicators. The RSI will confirm trade signals based on the Kirill Channel, while the Volume Oscillator will ensure there is sufficient volume in the market when initiating trades.

The trading strategy is based on a combination of these indicators to filter out fake signals and improve the accuracy of trade entries and exits.

Optimizing the Strategy for Different Time Frames

Now let’s add the script to the chart and show you the best settings for different time frames on Bitcoin:

  • Daily Chart
  • 4-Hour Chart
  • 3-Hour Chart
  • 2-Hour Chart
  • 1-Hour Chart
  • 45-Minute Chart
  • 15-Minute Chart
  • 1-Minute Chart

As you can see, the trading strategy is highly customizable, allowing traders to adjust parameters to optimize performance for different time frames. By changing settings and parameters, traders can improve win ratios, net profit, and minimize drawdowns.

Conclusion

Thanks for watching this video! I hope you like this strategy. If you’re looking to increase your trading skills, consider signing up for Trader Edge, the best backtesting app used by thousands of traders. Don’t miss out on the opportunity to access premium backtesting courses and build profitable trading algorithms.

Keep an eye out for the shared link once this video reaches the required views and likes. And if you haven’t already, check out my other video on a different trading strategy for crypto.


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Leah Sirama
Leah Sirama
Leah Sirama, a lifelong enthusiast of Artificial Intelligence, has been exploring technology and the digital realm since childhood. Known for his creative thinking, he's dedicated to improving AI experiences for all, making him a respected figure in the field. His passion, curiosity, and creativity drive advancements in the AI world.