FREE Artificial Intelligence Trading Bot Makes 600% Profit ( FULL TUTORIAL )
TLDRDiscover a high-win-rate trading strategy that can potentially yield 600-700% ROI monthly. This strategy, which works on various charts including Solana and Ethereum, is fully automatable. It utilizes the EDRY Extreme Points Buy and Sell indicator and a 100-period EMA, with no need for take profit or stop loss settings. The script outlines how to create a bot using Pine Script and PioneerX, allowing for hands-free trading. The strategy's backtesting results show a 75% win ratio with a $143 net profit. To mitigate drawdowns, consider adding a volume filter or the Parabolic SAR indicator for trade management. The video also guides viewers on how to set up a trading bot for this strategy on TradingView and PioneerX, emphasizing the importance of testing on a demo account first.
Takeaways
- 📈 The trading strategy has a high win ratio of 70 to 80 percent on the five-minute chart.
- 💰 It could potentially yield a 143% profit in just five days before fees.
- 🚀 The strategy can achieve a 600 to 700% ROI per month if the win ratio remains consistent.
- 🤖 The strategy can be automated into a bot that executes trades based on signals.
- 🔍 The strategy uses two indicators: Edry Extreme Points Buy and Sell, and an Exponential Moving Average (EMA) set to 100.
- 📊 No take profit or stop loss is set; trades are opened and closed based on the indicators' signals.
- 📉 The strategy recommends using a leverage no higher than 5 to 1 to manage drawdowns.
- 🔧 A volume filter can be added to the script to reduce losing trades.
- 🛠️ The strategy can be backtested and optimized using TradingView's strategy tester.
- 🔗 The script can be integrated into a trading bot using Pionex, a platform for automated trading.
- 📝 It's advised to test the trading bot on a paper trading account before using it on a real account.
Q & A
What is the win ratio of the described trading strategy on the five-minute chart?
-The win ratio of the trading strategy is between 70 to 80 percent on the five-minute chart.
How much profit could this strategy potentially make in five days before fees?
-The strategy could potentially make a 143 percent profit in just five days before fees.
What is the potential monthly ROI if the winning ratio remains consistent?
-The potential monthly ROI is up to 600 to 700 percent if the winning ratio stays the same.
What are the two main indicators used in this trading strategy?
-The two main indicators used are the Edry Extreme Points Buy and Sell and the Exponential Moving Average (EMA) with a length set to 100.
How does the strategy determine a buying signal?
-A buying signal is determined when the Extreme Points Buy and Sell indicator gives a Buy Signal and the price is below the EMA.
What happens when a long trade is opened according to the strategy?
-Once a long trade is opened, the position runs until a sell signal is given by the Extreme Points indicator.
What is recommended to avoid significant drawdowns when using this strategy?
-It is recommended to use leverage no higher than five to one to avoid significant drawdowns.
How can the strategy be automated into a trading bot?
-The strategy can be automated by adding it to favorites, modifying settings in Trading View, and using a signal bot from Pioneerx to copy signals from the Trading View strategy.
What is the recommended way to test the automated trading bot before using it on a real account?
-It is highly recommended to test the trading bot on a paper account first to ensure satisfaction with the results before using it on a real account.
How can the strategy be improved to reduce the number of losing trades?
-The strategy can be improved by adding a volume filter to the script or implementing an exit indicator like the Parabolic SAR to close losing trades earlier.
Are there any additional tips for using this strategy?
-It is suggested to check all crypto pairs, Forex pairs, and stocks on these time frames to potentially achieve even higher results.
Outlines
📈 High-Winning-Ratio Trading Strategy
This paragraph introduces a trading strategy with a 70-80% win ratio on five-minute charts, claiming potential profits of up to 700% ROI per month. It highlights recent successful trades on Solana and Ethereum and emphasizes the strategy's automation capability through a bot. The strategy uses two technical analysis tools: Edry Extreme Points Buy and Sell, and a 100-length Exponential Moving Average (EMA). It operates on the principle of buying low (below EMA) and selling high (above EMA), with no need for take profit or stop loss settings. The paragraph also advises using leverage no higher than 5:1 and suggests adding a volume filter or the Parabolic SAR indicator to manage trades and reduce drawdowns.
🤖 Automating the Trading Strategy with a Bot
The second paragraph explains the process of automating the trading strategy into a bot. It instructs viewers to add the strategy to favorites, configure settings in Trading View, and register for a free Pionex account. The paragraph outlines the steps to set up a signal bot in Pionex, including configuring the Trading View script, creating alerts, and automating the signals. It recommends testing the bot on a paper account before using it on a real account and assures viewers of Pionex's quality services, encouraging them to try it out.
Mindmap
Keywords
💡Trading Strategy
💡Win Ratio
💡ROI (Return on Investment)
💡Algorithm
💡Technical Analysis
💡EMA (Exponential Moving Average)
💡Leverage
💡Drawdown
💡Trading Bot
💡Pine Script
💡Volume Filter
Highlights
The trading strategy has a 70 to 80 percent win ratio on the five-minute chart.
The strategy could have made a 143% profit in just five days before fees.
The strategy can potentially earn up to 600 to 700% ROI per month.
Recent trades include a 3.4% profit on Solana and a 2.7% gain on the account.
The trading strategy can be fully automated into a bot.
The bot requires only two minutes to create and will automatically follow signals.
The strategy uses the Edry Extreme Points Buy and Sell indicator and an Exponential Moving Average (EMA) of length 100.
The strategy does not require setting take profit or stop loss, but it is recommended to use leverage no higher than 5:1.
The strategy buys when the Extreme Points indicator gives a Buy Signal and the price is below the EMA.
The strategy sells when the Extreme Points gives a Sell Alert and the price is above the EMA.
The strategy can be combined into a Pine Script for those without coding knowledge.
The strategy has a 75% winning ratio with a net profit of 143 in backtesting on Solana.
A volume filter can be added to the script to reduce losing trades.
The strategy also works on Ethereum on five and fifteen-minute charts.
The strategy can be automated into a trading bot using Pionex and Trading View.
It is recommended to test the trading bot on a paper account before using it on a real account.
Pionex offers deposit bonuses for new users.
