The Free Bitcoin Trading Robot is a portfolio of three robots. Each Bitcoin EA is designed specifically for BTC/USD trading on the M15 timeframe. This portfolio operates seamlessly on both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Each free Bitcoin bot within the portfolio employs unique strategies and uses distinct magic numbers to track and manage positions independently.
The portfolio offers customizable input parameters for flexibility and risk control. Below are the key settings:
- Entry Amount (Lot Size): The default lot size is 0.01, but users can adjust it to suit individual risk tolerance and account size.
- Max Open Positions: Up to 100 concurrent open trades are allowed across the portfolio.
- Max Spread Protection: The Max Spread parameter can be adjusted to avoid entering trades during periods of high spreads.
- Min Equity Protection: The Min Equity parameter prevents trading if account equity drops below a specified level.
Here’s the breakdown of each free Bitcoin bot strategy within the portfolio:
Strategy 1:
- Entry based on Bollinger Bands (36 periods, 3.35 deviation)
- Exit based on Simple Moving Average (48 periods)
- Stop Loss: 14,260 points
- Take Profit: 98,352 points
Strategy 2:
- Entry based on combination of:
- Accelerator Oscillator
- RSI (12 periods, level 79)
- Stochastic (11,6,9)
- Exit based on ADX (34 periods, level 15)
- Stop Loss: 57,172 points
- Take Profit: 93,746 points
Strategy 3:
- Entry based on:
- Envelopes (13 periods, 0.48% deviation)
- DeMarker (33 periods, level 0.77)
- Exit based on Bollinger Bands (35 periods, 1.90 deviation)
- Stop Loss: 45,183 points
- Take Profit: 97,403 points
All strategies use “opposite entry signal” meaning they can reverse positions.
Free Expert Advisors Startup Guide – download it and learn how to start trading with Robots.
Please, download the Free Bitcoin Trading Robot and test it on a Demo account. This Bitcoin EA is for educational purposes and is free to download.
