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?

Coding an indicator in TradingView

Pine Script, the scripting language native to TradingView, allows users to construct their unique indicators and strategies. It operates on TradingView’s servers, meaning it doesn’t burden your machine’s resources beyond displaying data, and the scripts are stored on TradingView. Furthermore, TradingView offers access to over 100,000 community scripts.

As of the time of writing this book, Pine Script is in its fifth version, which will be the focus of our discussion. Importantly, with each new version, backward compatibility is maintained, enabling the running of older scripts. While I have updated some strategies from V3 to V4 and subsequently to V5, others remain in their V4 form.

However, it’s essential to clarify that this book will not delve deeply into Pine Script. My aim is to introduce you to Pine Script, show you how to modify existing scripts to create your own, and provide resources for further learning...