Results of Using AutoView on TradingView with the MACDgen Indicator
I was so inspired by Crypto Advisor's YT video on using the AutoView Chrome extension with TradingView that I went out and set up my own VPS; running the plugin 24x7 using the MACDgen strategy to see what it can do.
The results? Well, they were lackluster, to say the least. Most likely because BTC is in a bear market right now, but I was hopeful that the volatility of the market would allow the plugin to capitalize on the swings and I can bank some income. I started with $30.25 USDT and ended up with $28.76 USDT. A loss of about $1.49. I know what you might be thinking, "Dude... your trading with pennies here... WTF?" I know. That was the plan because I wanted to see how this solution would perform before I threw more money at it. Here are all the orders generated by this bot:
Today, I decided to switch over to a new strategy I created that was inspired by PhiLakoneCrypto's video on the 55 EMA Swing Trading Strategy. I'm really impressed with his TA abilities and I found this video about this strategy very convincing in teaching me how it's strength is in confirming the trends before signaling a position change. As a result, I'm looking forward to seeing how this strategy will perform in the next 24 hours and report back here again.
See you then!