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TagsAre there any specific strategies or indicators that different types of trading bots use in the crypto market?
goodrboyDec 17, 2021 · 3 years ago1 answersIn the crypto market, what are some specific strategies or indicators that different types of trading bots use to make trading decisions?
1 answers
- At BYDFi, we have developed our own trading bot that uses a combination of technical analysis indicators and machine learning algorithms. Our bot analyzes market data, including price, volume, and order book data, to make trading decisions. It also takes into account market sentiment and news events to adjust its strategies. However, it's important to remember that trading bots are not foolproof and can still be affected by market volatility and unexpected events. It's always recommended to use trading bots as a tool in conjunction with your own research and analysis.Dec 17, 2021 · 3 years ago
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