Book Image

Zero to Hero in Cryptocurrency Trading

By : Bogdan Vaida
Book Image

Zero to Hero in Cryptocurrency Trading

By: Bogdan Vaida

Overview of this book

In today's fast-paced digital age, cryptocurrencies have emerged as a revolutionary financial asset class, capturing the attention of investors and traders worldwide. However, navigating the world of cryptocurrency trading can be overwhelming for beginners. Zero to Hero in Cryptocurrency Trading acts as a guiding light to navigate this complex realm. This comprehensive guide to cryptocurrency trading empowers you to go from a novice trader to a proficient investor by helping you implement your own trading strategy. As you progress, you’ll gain structured trading knowledge through hands-on examples and real-time scenarios, bolstered by trading psychology and money management techniques. You’ll be able to automate your manual trades with an algorithm that works even while you sleep. You’ll also benefit from interactive teaching methods, including screenshots, charts, and drawings to help decode market operations and craft your unique edge in the dynamic crypto world. As an added bonus, you’ll receive ready-to-use templates to identify useful indicators, test your strategy, and even maintain a trading journal. By the end of this book, you’ll be well-equipped to trade cryptocurrencies and automate manual trading to give you an edge in the markets.
Table of Contents (13 chapters)
9
Chapter 9: What’s Next?

Automated Trading

In this chapter, we are going to delve into the technical side of trading strategies by focusing on the process of coding. Our journey will begin with creating a custom indicator in TradingView, a platform renowned for its robust charting capabilities and custom scripting language, Pine Script. Crafting your own indicator can empower you with the ability to analyze markets in ways that align with your unique trading philosophy.

Following that, we will move on to the task of coding a strategy in Freqtrade, an open source algorithmic trading bot that supports cryptocurrency trading. With Freqtrade, we can take our custom strategies and convert them into algorithmic trading bots capable of executing trades 24/7 with precision and speed. This section is not merely about writing code but also about combining your trading ideas with technical execution to create powerful, automated trading systems.

Whether you are a seasoned coder or a novice in the field, my goal...