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Crypto Auto Trading Bot by MudraMiner

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Overview

The Crypto Auto Trading Bot is a powerful TradingView indicator tailored for cryptocurrency day trading. It combines Heikin Ashi candles, Exponential Moving Averages (EMAs), volume analysis, and an optional Supertrend filter to generate reliable buy, sell, and exit signals. This indicator is designed to help traders identify high-probability entry and exit points in volatile crypto markets while minimizing false signals through trend and volume confirmation.

Key Features
Heikin Ashi Smoothing: Utilizes Heikin Ashi close prices on a 15-minute timeframe to smooth price action and enhance trend identification.

Dual EMA System: Employs a fast moving and slow moving EMA to confirm short-term momentum and long-term trends.

Volume Filter: Ensures signals occur during higher-than-average volume to avoid low-liquidity traps.

Supertrend Confluence: Optional toggle to require Supertrend confirmation for stronger buy/sell signals.

Position Management: Prevents multiple entries without exits, ensuring disciplined trading.



Visuals & Alerts: Clear "BUY," "SELL," and exit ("E") labels with customizable alerts for seamless TradingView integration.

How to Use

Apply the Indicator: Add the "Crypto Auto Trading Bot" to your TradingView chart (e.g., SOL/USDT or other crypto pairs).

Supertrend Filter: Toggle on/off via the "Use Supertrend Filter" input to require Supertrend confirmation.

Interpret Signals:
BUY (Green label below bar): Signals a potential long entry.
SELL (Red label above bar): Signals a potential short entry.
Exit Long/Short (Green/Red "E"): Indicates when to close existing positions.

Trading Application: Use signals for manual trading, backtesting with TradingView’s strategy tester, or set up alerts for automated trading.

Chart Compatibility: Works on any chart timeframe, with MAs and Heikin Ashi calculated on a fixed 15-minute timeframe for consistency. Suitable more for the day traders.

Trading Logic

The indicator uses a combination of trend detection, momentum, volume, and optional Supertrend confirmation to generate signals. Below is the trading logic for taking and exiting positions:

Trend Detection:


Uptrend: When the Heikin Ashi close price is above the slow moving EMA, indicating bullish market conditions.


Downtrend: When the Heikin Ashi close price is below the slow moving EMA, indicating bearish market conditions.

Position Management;
The indicator uses a one-time gating mechanism to track whether you are in a long or short position.

Only one position (long or short) can be active at a time, preventing multiple entries without an exit.

A new buy signal closes any existing short position and opens a long position, and vice versa for sell signals.


Notes for Traders
Customization: The only user-adjustable settings are the timeframe (default: 15 minutes) and the Supertrend filter toggle. Other parameters are fixed for simplicity but can be modified in the code if needed.



Market Suitability:
Optimized for cryptocurrency markets (e.g., BTC/USDT, ETH/USDT) but can be tested on other volatile assets.



Risk Management: Always use proper position sizing, stop-losses, and risk-reward ratios. Backtest the indicator thoroughly to understand its performance in different market conditions.



Performance: The indicator combines trend, momentum, and volume filters to generate high-probability signals, with the optional Supertrend adding further confirmation. However, no indicator guarantees profits—combine with your own market analysis.

Disclaimer

This indicator is provided for educational and informational purposes only. Trading cryptocurrencies carries significant risk, and past performance does not guarantee future results. Always conduct thorough testing and consult with a financial advisor before trading.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.