Learn the Best ChatGPT Trading Strategy for Crypto with Step-by-Step Tutorial

28
524

Chachi PT Algo Pro: A Trading Strategy for Bitcoin

I recently stumbled upon a trading strategy that has been yielding incredible results on Bitcoin. With a win rate as high as 92 percent in certain time frames, I have never seen anything quite like it. This strategy, which I have coded using Chachi PT4, is called Chachi PT Algo Pro for Bitcoin. It takes into consideration market volume, overbought and oversold conditions, and more to find optimal trade entries.

I have made the script private so that no one else can see it except for me. However, I am willing to share the link to the script once this video reaches 1,000 likes. So, if you find this information valuable, please hit the like button and subscribe to my channel if you haven’t already.

Building the Strategy

Let’s dive into how this strategy is built step by step. We will be looking at the price of Bitcoin on the one-minute time frame. The first step is to add three indicators: the SSL Channel, the Exponential Moving Average (EMA), and the Average True Range (ATR).

Indicators

The SSL Channel is a trend-following indicator that gives buy and sell signals based on the crossing of two lines. The EMA is used for trend confirmations and finding support and resistance levels. In our strategy, we will use the EMA as a reference point for market sentiment. When the price is far from the EMA, it signals overbought or oversold conditions.

Once we have established the conditions for entering long and short trades, we can ask Chachi PT4 to code the strategy for us. We will outline the rules for entering trades, as well as the money management rules.

Implementing the Strategy

After coding the strategy, we can add it to the chart and backtest it to see how it performs. We can see that even with simple rules in place, the strategy shows a promising win rate of 49 percent. To improve the strategy, we can add a volume filter using the Heat Map Volume indicator.

By filtering out trades that occur during times of excessive volume, we can reduce fake signals and improve the accuracy of the strategy. With the volume filter in place, the win rate of the strategy increases significantly on lower time frames.

Results and Optimization

On the one-minute chart, the strategy has a win ratio of 77.78 percent, while on the three-minute chart, it is 75 percent. The strategy works well on lower time frames but may not be as effective on higher time frames.

If you are not satisfied with the results, you can always adjust the settings and parameters to find what works best for you. By tweaking the settings, such as changing the volume ma length, you can improve the win rate of the strategy significantly.

Once again, I will share the link to the strategy publicly once this video receives 1,000 likes. Simply add it to your favorites and start using it for your Bitcoin trades. Thank you for watching, and I’ll see you in the next one!

28 COMMENTS

  1. I can tweak the parameters all the way to 90% wins on the 1 min but the problem is, and it's a biggie, the strategy doesnt have a stop loss.. The Stop parameter on strategy.entry is not a stop loss.. It's for a stop order entry.. To add a stoploss you'd need to add a strategy.exit(…).. Then it's all red..

  2. Sir Zane Omar is undeniably the best trader in the market with years of experience under his belt. With his expertise and knowledge, he has helped countless investors achieve their financial goals. Whether you are a beginner or an experienced investor, Zane Omar is the right choice for you.

  3. What sets Sir Zane Omar apart from other traders is his dedication to providing his investors with passive income and financial stability. He understands that investing in binary options can be a daunting task, but with his guidance, he makes it easier for you to achieve your financial goals. Whether you are looking for a steady stream of passive income or long-term financial stability, Zane has got you covered.

  4. This is a TERRIBLE strategy. Just use Tradingview's Deep Backtesting feature between Jan 1 2020 and July 1 2023 and it shows the strategy would be negative 12% total profit. Yes it has almost a 63% win rate, but it also has a 42.8% drawdown. This video might be generating lots of views, but please have enough sense to do your own research.

  5. Sir Zane Omar is dedicated to giving his clients passive income and financial stability. He understands that investing in day trading and crypto trading can be risky, but he mitigates these risks by implementing strategies that aim to generate consistent returns over time. His commitment to helping his clients achieve financial stability sets him apart from other traders in the industry. God bless you sir

  6. It is clear BTC has proved it's use case during this uncertain times. We need more experts like Mr Rolando Eric , who educate people on the evolution of the market so
    people avoid common mistakes. so they don’t walk out of the market feeling frustrated! Keep up the great work! Raised over 24.6 BTC when I started at 2.3 BTC in just few
    weeks implementing Rolando Eric daily trading signals and tips.

  7. Are you looking for a reliable and profitable investment platform? Look no further than Zane Omar Investment platform! With their expertise in bitcoin mining and binary options, you can trust that your trades will yield successful returns. Plus, their swift withdrawal process and transparent pricing ensures that there are no hidden charges to eat into your profits.

  8. When it comes to investing, it is always important to choose a reliable platform that can offer you successful returns on all trades, swift withdrawals, and no hidden charges. Omar Investment platform is one such platform that has been gaining popularity among investors for its transparent and efficient services. With Omar Investment, you can invest in a wide range of assets such as stocks, forex, commodities, and cryptocurrencies. The platform offers a user-friendly interface that allows you to monitor your investments and make informed decisions.

  9. investing in binary options with Zane Omar is an excellent way to capitalize on the potential of this high-risk, high-reward investment. With his expertise, personalized approach, and proven track record, Zane Omar is the ideal partner for investors looking to enter this exciting market.Just got my second consecutive payout investing with him. He never misses and he pays when due JazakAllah 🙏

  10. Binary options trading is becoming increasingly popular among investors due to its simplicity, transparency, and potential for high returns. However, it is also a highly risky investment, and without the proper knowledge and expertise, investors can incur significant losses. This is where Zane Omar, the expert trader comes in. With years of experience in the field, Zane Omar has become known for his impressive track record of successful binary options trades. Investing on his Platform has been one of the best step I have ever took in my life. I just received my weekly withdrawal of $4,500 from an investment of $1500. Zane Omar is really one of the best to work with, He is very humble and trustworthy. Do not miss out on this opportunity as you can earn your ROI in just 7days InshAllah.

  11. Investing in cryptocurrency can be a daunting process, especially for those who are new to it. However, with Mr Zane Omar's guidance, you can be confident in getting successful returns on your investment, Swift withdrawals with no hidden charges. Zane Omar uses his expertise to help individuals and companies invest in crypto successfully. He has a track record of making profitable trades and has helped many people make significant returns on their investments. Barakallah