Table of Contents
Introduction
The AI trading bot from Thistle Capital is a great tool for those who want to make automated trades on the cryptocurrency market. It offers a variety of features to help you maximize your profits and minimize your risks. The bot is easy to use and has an intuitive user interface, making it a great choice for both beginners and experienced traders.
The bot is programmed with sophisticated algorithms that analyze the markets and identify potential trading opportunities. The company claims that its bot can help traders reduce their risk and increase their profits. In this comprehensive product review, we will explore the features, benefits, and drawbacks of the AI trading bot offered by Thistle Capital.
Results:
According to their website, for the year 2023, the AI trading bot has made 729% Growth per month.
AI Trading Bot
The AI trading bot has a variety of features that make it a great choice for those who want to make automated trades on the cryptocurrency market. It has a built-in algorithm that is designed to find profitable trades and make them automatically. The bot also has a range of settings that allow you to customize it to your own trading style, such as setting stop-loss and take-profit orders. It also has a feature that allows you to back-test strategies before you start trading, so you can get an idea of how your strategies will perform in the real world.
Features
The AI trading bot from Thistle Capital offers a variety of features to help traders make informed decisions and increase their profits.
- Automated Trading: The bot is designed to automatically execute trades based on its analysis of the markets. This allows traders to focus on other aspects of their trading strategy and not have to worry about manually entering trades
- Market Analysis: The bot utilizes sophisticated algorithms to analyze the markets and identify potential trading opportunities. The bot will then generate trading signals which can be used to make informed trading decisions.
- Risk Management: The bot is programmed with risk management features to help traders reduce their risk. The bot will automatically adjust its trading parameters to minimize risk while maximizing profits.
- Increased Profits: The bot is designed to identify potential trading opportunities and execute trades automatically. This enables traders to make more informed decisions and increase their profits.
- Reduced Risk: The bot is programmed with sophisticated algorithms to help traders reduce their risk. The bot will automatically adjust its trading parameters to minimize risk while maximizing profits.
- Time Savings: The bot is designed to execute trades automatically, which can save traders time and allow them to focus on other aspects of their trading strategy.
Drawbacks
The AI trading bot from Thistle Capital does have some drawbacks.
- Cost: The bot is not free and does come with a cost. The cost of the bot depends on the trading plan that the trader chooses.
- Learning Curve: The bot is designed to be user-friendly, but there is still a learning curve associated with using the bot. Traders may need to spend some time learning how to use the bot properly in order to get the most out of it.
- Market Volatility: The markets are unpredictable and can be volatile. This means that the bot may not always generate accurate trading signals, which could lead to losses.
Pricing:
There are multiple pricing options available:
- $300 per year
- $30 per month
- $2/day - Trial
How to Get Started:
Step 1 - Pay for a Subscription
To gain access, you simply need to purchase a subscription that you can cancel anytime!
Step 2 - Configure Your Username
Enter your Tradingview.com "username" during the subscription process which will provide you with access to the member's only script. It may take up to 12-24 hours to gain access to the scripts on Tradingview.com to be enabled.
Step 3 - Add Scripts
Using the Tradingview tab: Indicators > Invite-Only Scripts.
Add the two scripts called
- "THISTLE ORACLE^ : Strategy" &
- "THISTLE ORACLE^ : Indicator".
Step 4 - Set parameters
They recommend using the DAILY chart for maximum accuracy of trend.
Configure the script as you like.
If using the strategy version, they recommend setting a stop loss at 8% and adjusting the Trailing Take Profit until you achieve a 4 - 6% profit range.
Step 5 - Backtest
Backtest the "THISTLE ORACLE^ : Strategy" version until you achieve your goals
Step 6. Setup Alerts
Create custom alerts using "THISTLE ORACLE^ : Indicator" to be notified by the Tradingview system on when the Oracle Circles or the Oracle Trend Line turns RED or GREEN
Conclusion
The AI trading bot from Thistle Capital offers a number of features, benefits, and drawbacks to traders. The bot is designed to help traders make informed decisions and increase their profits, but there is still a learning curve associated with using the bot and there is no guarantee of success. Before using the bot, traders should research the markets thoroughly and understand the risks associated with trading.