Bitcoin Fear and Greed Scalper
- Experts
- Connor Michael Woodson
- Version: 1.0
- Activations: 10
Bitcoin Fear & Greed Scalper - Real Time Bitcoin Sentiment Analysis From the Internet
One of the greatest traders of all time lived by the principle to "Buy when others are fearful and sell when others are greedy". It is with this proverb in mind that Bitcoin Fear & Greed Scalper operates. The Bitcoin Fear and Greed Index is a comprehensive analysis of all societal factors affecting the Bitcoin market summed up in one easy to read number. It automatically scans the most reliable fundamental-based sources including market momentum and volatility, social media posts, and Google search trends. The result is a highly advanced form of analysis that technical indicators alone can never capture.
Every position opened by the advisor is entered alone, with no risky money management techniques such as grid or martingale. There is a fully customizable stop loss available, and a dynamic trailing stop for take profits.
Setup is incredibly simple: Just add one API URL to your allowed webrequest in Metatrader. If you encounter any difficulty with any part of setup, I am always available to help.
Recommended
- Chart: BTCUSD
- Timeframe: H1
Bitcoin Settings
- Bitcoin Sentiment Behavior
- API URL - URL for Bitcoin Sentiment
- Bitcoin Greed Index Sell Behavior - Custom sentiment behavior
- Bitcoin Fear Index Buy Behavior - Custom sentiment behavior
Order Settings
- Lot Size Calculation Method - Select auto lot or fixed lot
- Fixed Lot Size - Fixed lot size
- Auto Lots - 0.01 lots per this amount of account currency
- Max Spread - Set the max spread allowed to open positions
- Fixed Stop Loss - Fixed Stop Loss Pips
- Auto GMT Detection - Automatically calculates your broker's GMT offset
- Magic Number - Magic number for each order
- Comment - Order comment
⭐⭐⭐⭐⭐ Excellent EA with innovative approach! I can only confirm the positive review of my predecessor! The Bitcoin Fear & Greed Scalper is definitely not a scam and the developer is serious. What I particularly like: • The setup was really easy - just add the link to the allowed web requests and drag the EA onto the appropriate chart. If you contact the developer after purchase, you get proper instructions. • The Fear & Greed Index approach is something completely new and makes more sense than pure technical indicators for BTCUSD • No risky Grid or Martingale strategies - each trade is placed individually and safely • The developer is extremely helpful and responds quickly to all questions My experience so far: Been using the EA for a week on live trading (BTCUSD H1 as recommended). So far all trades have been successful with relatively low drawdown. The EA was extensively backtested by me beforehand! Clear buy recommendation - will update again after a few weeks of live trading!