The Bitcoin EA is an automated trading system designed to execute trades in the cryptocurrency market. It operates based on a set of pre-programmed strategies and risk management techniques. The latest version, v1.2, introduces several updates aimed at improving trade execution, safety, and user experience. Below is a breakdown of its key features and recent enhancements.
Key Features of Bitcoin EA
- Algorithmic Precision and Execution – Bitcoin EA runs on advanced algorithms designed to execute trades accurately. It identifies market opportunities and manages risks while aiming to optimize trade execution.
- Adapting to Market Conditions – The crypto market is known for its rapid price changes. This EA is built to adjust its strategy based on trending, volatile, or ranging conditions. It aims to capture breakouts, reversals, and price movements before they fully develop.
- Automatic Lot Adjustment – The system increases or reduces trade sizes dynamically based on the account balance and market conditions. This feature optimizes gains during favorable trends and reduces exposure when uncertainty is high.
- Focus on Single Trade Execution – Unlike some high-frequency trading robots, this EA executes one trade at a time. This approach may help manage risk and control drawdowns, ensuring that each position is carefully calculated before execution.
- Automated Compounding – The system is designed to reinvest profits from winning trades, allowing account growth over time. Starting with a small balance like $100, the EA uses auto-compounding to increase the trading capital gradually.
- Continuous Market Monitoring – The robot runs in the background, constantly scanning price movements to identify trade opportunities. This real-time monitoring allows it to optimize trade entries and exits with precision.
- Risk Management and Capital Protection – Bitcoin EA incorporates several risk management techniques. It avoids trading during low-liquidity periods and times of increased uncertainty, such as holidays. Additionally, trailing stop-loss features are used to lock in profits and protect against sudden price reversals.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how this Bitcoin Robot works, then only use it in a real account.
Recommendations for Bitcoin Robot
- Minimum cent account balance of 200$ or equivalent standard account.
- It is specifically made to trade on BTCUSD (Bitcoin).
- Work best on M30 TimeFrame. (Work on any TimeFrame)
- To reach stable results, the Bitcoin Robot should work on VPS without interruption. So we recommend running this Bitcoin bot on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- Low Spread account for Bitcoin is also Recommended (Find the Perfect Broker For You Here)
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What’s New in Version 1.2?
Several enhancements have been introduced to improve trading performance and user experience:
- Optimized Default Settings – Trading parameters have been fine-tuned for improved performance out of the box.
- Breakeven Feature – Moves stop-loss to breakeven after a trade reaches a certain profit level, reducing potential losses.
- Safe Recovery – Implements a recovery mechanism for losing trades to help stabilize account performance.
- Black Background & Lady Background – Users can now choose between different visual themes for a more personalized interface.
- Static Info Panel (Right Side) – Key trading statistics and data are now displayed on the right side for easy monitoring.
2024/03/06 – Update with V1.1
2024/03/15 – Update with V1.2
Conclusion
This Bitcoin EA is a trading tool that combines automated execution, risk management, and market monitoring. While it offers various features to adjust strategies and manage risks, traders should be aware that market conditions can change unpredictably. As with any trading system, results may vary, and potential users should conduct thorough research before relying on automation for trading decisions.
Hello,
Why is not working on live account?
were is the downlaod link ppl i cant find it?
It’s stop working after few days
yeah same here
it worked for couple days on live and demo accounts and now today it doesnt open any trades, yet its all attached and running
weird, hopefully admin can fix it because it looked promising
someone reach out to them to get it updated
working fine for me in demo. but like marco mentioned, it is a VERY deep martingale if you use its default preset. you have to tinker with its settings and maybe could be profitable.
Do you think it could be a problem with the broker blocking high-frequency trading?
I’ve been trading on a live account for 4 hours now and the bot is working great.
Thank you
Deep Martingale
Thank you, tested at demo, however not working on live?
Difference between v1.1 and v1.2?
….entrambi non riescono a reggere i cambi di mercato e drawdown importanti. Niente da fare.
With the previous version, I received a warning about too many orders per day—more than 3,000, I think. I hope this update will eliminate that problem.
Which broker do you use?
I was using ICMarkets, where I received the warning. I’m now using Tickmill, and there have been no issues with the frequency.
I’m also deactivating the expert in the American session, and it’s been consistently profitable in my live account with the adjustments I made to the settings.
The only danger is when there’s a rally without corrections. Other than that it works stably and securely in the range.