Coin Market Scanner

New trading bot

I'm releasing, as an early Alpha, the bot I'm using to trade the Coin Market Signal's signals.

As mentioned, this is an Alpha version of the bot. Use it, if you want, with extreme care. Don't leave it unattended for long periods of time. I recommend opening a test account on Binance, send some BTC to that account and try it out.

The CMS Bot is open source and it's available at Github, CMS Bot . You'll need NodeJS in order to run the bot. If you find an issue, report it in the issues on the project repository, or if you want, open a Pull Request with your fixes.

You can find a simple, and very optimistic, calculator I did to check how much to expect from microtrading or compound trading here .

The bot has some bugs, use it with extreme care.

How to read/trade

What do the alerts mean? If you're familiar with TA the acronyms RSI, MFI, MACD, etc, are nothing new to you. If you don't know what they are you should probabily learn them first before atempting to trade.

The alerts show the pair name, a small graphic representing the movement for the past 20 candles/periods, the last closing price, the RSI, MFI and RVOL of the particular pair. There's also a timestamp indicating how long ago the alert was made.