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readme.txt
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readme.txt
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DESCRIPTION
This bot is designed to buy bitcoin every time Elon musk tweets about bitcoin with the following parameters:
The bot will open a buy position on bitcoin every time Elon mentions bitcoin in his tweet
Take profit is set to 10% and stop loss to 5%
The bitcoin bot will not place another trade if there is already an active trade (can be adjusted)
The bot uses the Tweepy API and a Twitter developer account that you will need access to, as well as a MetaTrader 5 account.
For a detailed guide on how to set up all the resources you need for this project please visit: https://www.cryptomaton.org/2021/03/21/program-a-trading-bot-to-buy-bitcoin-when-musk-tweets-about-it
USE CASES
This particular project is mainly built for fun and the novelty of it. it has not been tested on a live account and there isn't any details analysis to suggest this might work.
If you do test this, please share the results!
Want to collaborate? Get in touch.