Another Highly Profitable Week for Our Crypto Robots: This Robot Achieved Over 200% Weekly Returns (Annualized) Swing-Trader-Advanced-Crypto-Pattern-Trading-TA.
This robot is specially created for those traders who want to trade classic price patterns (Head and Shoulders, Triangles, Channels, etc.) in the cryptocurrency market, using modern AI-based technologies.
How it works:
1. Our machine learning algorithms identify price patterns in the most liquid crypto futures.
2. After determining the pattern, a stop market order is placed at the breakout level.
3. Next, the take profit is automatically set at the target price level of the pattern.
4. At the same time, our mathematical powers using AI determine the optimal trailing stop level. This is an important difference between this robot and traditional pattern trading models, where a fixed stop order is usually placed at a certain extremum of the price model. Our multi-level backtests have shown that dynamic trailing stops based on volatility analysis are a much more profitable solution that allows you to save most of your profits.
Additionally, we offer our users a manual way to determine the level of exit from a trade that is acceptable to them. On the "Open Trades" tab, for each trade the profit amount is highlighted in a certain color. If the “Profit” column is gray, this means that the loss on the position is moderate and does not exceed 5%. If the color is red, then the risk is already significant and exceeds 5%. This makes it easy to visually determine the overall value of a risk based on open trades.
The robot's trading results are shown without using a margin. For a full trading statistics and equity chart, click on the "show more" button on the robot page. In the tab “Open Trades”, a user can see live how the AI Robot selects equities, enters, and exits in paper trades. In the tab “Closed trades”, a user can review all previous trades made by the AI Robot.
Disclaimer. The presented paper traded results (annualized returns, % wins/loss, and other statistics) are achieved by the application of the backtested and forward tested models. The past backtested and forward tested performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, expressed or implied is made regarding future performance. Forward testing started on 08.24.2023.
BTC.X saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on December 18, 2024. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 59 instances where the indicator turned negative. In of the 59 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
The 10-day RSI Indicator for BTC.X moved out of overbought territory on December 18, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 59 similar instances where the indicator moved out of overbought territory. In of the 59 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on December 21, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on BTC.X as a result. In of 135 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BTC.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BTC.X broke above its upper Bollinger Band on December 15, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in of 438 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 470 cases where BTC.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows