What is a Better Crypto Signals strategy?
If you're looking to enhance your crypto trading strategy with minimal effort, Better Crypto Signals might be what you need. Exclusively available to members of The Better Traders (TBT) Club, this automated bot trading strategy provides access to premium trading signals designed for consistent performance across a range of market conditions. Available in all subscription tiers except the Starter tier, these signals are carefully developed and thoroughly back-tested to help you navigate the volatile crypto market.
Consistent Performance Across Markets
The development of Better Crypto Signals began in the summer of 2023, and it has been rigorously tested on over 20 different trading pairs dating back to January 2021. This extensive testing has shown that the strategy performs well even in challenging market conditions. Whether the market is bearish, bullish, or highly volatile, these signals are designed to keep your trades on track.
No "Red Bags" – Focus on Long-Term Success
A key feature of Better Crypto Signals is its ability to close trades without leaving any "red bags" (unprofitable trades). This is achieved through a sophisticated algorithm that handles trades automatically, so you can focus on growing your portfolio without worrying about stuck or losing positions.
Wide Array of Trading Pairs
Better Crypto Signals supports 20 carefully selected trading pairs, available across multiple exchanges such as Binance, Coinbase, Kraken, and Bitfinex, among others. This wide accessibility allows you to use the signals on your preferred exchange, ensuring you can take advantage of the strategy wherever you trade.
Designed for Risk Management and Profitability
The signals are designed to prioritize long-term profitability while managing risk. By focusing on long-only, no-leverage trades, the strategy aims to absorb market downturns effectively, helping to protect your investments during sudden market shifts.
Easy to Implement with Full Support
Getting started with Better Crypto Signals is straightforward. We provide detailed setup guides and all the necessary data in a Google Sheet to help you configure the strategy. The bot trading strategy integrates seamlessly with Trading View, enabling you to track performance and make informed decisions based on real-time data. If you need assistance, our support team is ready to help with any questions or issues.
What services/tools I need in order to run the Better Crypto Signals strategy?
In order to run the strategy, you need the following:
- TBT Club Signals tier (or higher) subscription
- TradingView account
- Trading platform account
- Crypto exchange account
Do I have to have a paid TradingView account?
You don't need a paid TradingView plan. However, note that the free plan does have multiple limitations like you can only have maximum of 5 alerts, meaning you can set up a maximum of 5 bots. Also, the free plan has a limitation on how long a single alert can last which means that if you're on free plan you have to renew the alert every couple of months. Finally, the free plan let's you save only one layout. Though it's not required, ideally you would want to have a layout saved for each bot signal you're setting up. What all this ultimately means is you can set up to 5 bots on a free plan and it will work. Ideally, you would want to have a paid plan so you can get around some or all of the mentioned limitations, depending which TradingPlan you sign up for.
Please note that the above mentioned limitations are subject to change and TradingView may decide to further restrict or loosen them, so you need to check the TradingView plan comparison page in order to get the most updated and accurate information. You can get more information here: https://www.tradingview.com/pricing/#compare Scroll down and click on the "Show all features" button as shown on the screenshot below.
Do I need to sign up for the trading platform paid plan?
This depends on the trading platform of your choice, but in general yes. The two most popular platforms in our community are 3Commas and Altrady, each having their pros and cons. In order to run the strategy you do need at least a Pro plan on 3Commas or Basic plan on Altrady.
Please note that both 3Commas and Altrady have a sole discretion of changing the service plans and what they entail so the above mentioned plans can be renamed or restructured in a way you may need a different plan. Make sure you check the offer for each of the above mentioned platforms so you make sure you sign up for the appropriate one.
Also note that there are many others trading platform, but we cannot guarantee the strategy can be implemented as we have worked with 3Commas and Altrady. Pionex was one of these other trading platforms but according to our knowledge at the time of writing this article, it doesn't have the necessary capabilities in order to implement the Better Crypto Signals strategy.
Can I use the strategy only on specific exchange(s) or can I use any exchange that I have an account with?
When setting up the strategy in TradingView it will give you a message about the suggested exchange. However, it is not mandatory to use that specific exchange. The video guide that you get access to by signing up for the service explains how to configure the alert so it uses the exchange you're using even if it differs from the suggested one.
Important note: You have to make sure is that the exchange on which you want to trade on is supported by the trading platform for bot trading. You can get that information by checking out the website of the trading platform you want to use or by reaching out to their support.
How is the strategy implemented?
There are several pieces of the strategy implementation, one of them being connecting your TradingView account to the bot trading platform. There entire process is explained in a step by step video guide that is part of the Club web portal to which you get access when you sign up for the service.
How is the connection between an exchange and TradingView made?
The connection is made by using the webhook though which the TradingView alert sends information to the trading platform bot. Your exchange account is connected to the trading platform through API connection. We provide you with detailed guide on how to set up the connection between the TradingView and the trading platform. As for connecting your exchange account to the trading platform, please refer to the trading platform of choice knowledge base or their support.
How much money do I need to budget in order to be able to run the strategy?
At the time of writing this article, a budget of ~$1,500 is needed to cover the expenses of the TBT Club Signal tier and Altrady Basic plan and make breakeven. This doesn't include the paid Trading plan. We offer a calculation matrix as part of the service that will help you understand better on how much funds you need in order to breakeven, depending on the costs you have.
Joining The Better Traders Club
Access to Better Crypto Signals is just one of the many benefits of joining The Better Traders Club. With membership (available in all tiers except Starter), you'll also gain access to educational resources, market analysis, and a community of traders. This comprehensive suite of tools and insights is designed to help you improve your trading strategies and achieve consistent success in the crypto market.
If you have any further questions, please reach out to our support at support@thebettertraders.com.
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