What’s all the hubbub with this bot?
TradingView is connected to nearly every market in the world. It’s simply the planet’s most advanced trading database and graphing software invented. However, until now, it wasn’t easy to combine all their tools and indicators into into a profitable, automated trading strategy.
In 2021, we began developing a trading bot to leverage TradingView’s technology. When we finished, we were amazed at what we created.
A bot that that can be tuned to the tempo and rhythm of a market. Using TradingView’s back-testing technology, Sprockets is able to build bots that can have 80+ percent back-tested profitability (or whatever ratio you desire).
Let’s Look at Some Results
Bitcoin/USD
If you bought $100 worth of Bitcoin on January 1, 2019 and “hodled” (held) it through October 2022, you would have seen your peak gains of $1,468 (1,468%) dwindle to only $310. See Figure 1.
However, if you employed the Sprockets’ Market Rhythm Bot, your would have seen your $100 turn into $1,468 (1,468%), missing the 2022 down market altogether.
Figure 1
Zcash/USD
If you bought $100 worth the alt-coin Zcash, on January 1, 2019 and “hodled” (held) it through October 2022, you would seen your peak gains of $86,575 dwindle to a loss of $22.
Again, if you employed the our bot, you would have seen your $100 turn into $86,575 (86,574%), while watching the market decline by 80 percent! See Figure 2.
Figure 2
| Let’s stop for a minute and digest the two previous examples. If you ignored FUD* and FOMO* during this period, you could have turned $200 ($100 each) into $88,043. Likewise, if you invested $2,000 from the start, instead of $200, you would have make $880,430. Wow! |
*FUD: Fear, Uncertainty, and Dread. FOMO: Fear of Missing Out
Can We Get Real for A Minute?
To have accomplished these results, you would have needed to pick (in advance) these two cryptos and back tested them until the bot settings achieved these amazing results. Not a real likelihood.
However, if you were to diversify your portfolio and properly set up your bots, amazing results may very well be within the realm of possibilities.
DISCLAIMER: TradingView is not affiliated with nor does it endorse or support Sprockets, SprocketsOnline.com, the Market Rhythm Bot, or other products or services herein.