Hello everybody,
I was reading through all the automatic crypto trading bots. They have thousands of different strategies and complicated algorithms, but it seems i cant find a simple thing im looking for. I would like a bot doing an automatic buy when the price hits 24h low(or near 24h low) and an automatic sell when the price reaches 24h high(or near 24h high). Imagine the profits which could be made simply following this strategy every day. Could somebody please recommend me a bot like this or how to make a bot like this?
I am not expert in trading but i didn't try to use bots ever. I think it's not the best strategy to earn profit because if you set it,it does not guaranty that you can earn bigger for setting 24hr high and low. What if it doesn't follow your setting because of bots error? Instead you earn ,you lost your capital investment. It's difficult to trust bots for your trading.