AI-Powered Trading View Indicators: Boost Your Portfolio

Learn how to leverage smart AI indicators on Trading View to predict coin movements, identify promising tokens, and avoid exit liquidity traps. Grow your portfolio with expert insights.

Introduction to Trading View’s Smart AI Indicators

In the ever-evolving world of cryptocurrency, staying ahead of market trends can be a daunting task. But with the advent of advanced tools and indicators, traders can now make more informed decisions. One such tool that has revolutionized the trading landscape is Trading View’s Smart AI Indicators. Developed in partnership with OpenAI, the creators of ChatGPT, these indicators leverage the power of artificial intelligence to predict coin movements with remarkable accuracy. In this guide, we will walk you through the process of using these AI-powered tools to build a robust cryptocurrency portfolio.

Setting Up Trading View

Step 1: Installing Trading View

Before diving into the world of AI indicators, you need to have Trading View installed on your PC. If you haven’t installed it yet, head over to the official website, click on the “More” button in the top menu, and select “Desktop App.” The installation process is straightforward and should take no more than two minutes.

Step 2: Entering Developer Mode

To access the AI functions, you will need to enter Developer Mode on Trading View. Follow these steps to enable Developer Mode:

1. Open the Command Line: Press the Win + R keys simultaneously to open the Run dialog box. Type cmd and press Enter. Alternatively, you can search for “Command Prompt” through the Start menu.
2. Update Trading View: Copy the text provided in the description of the video and paste it into the Command Prompt. Press Enter to initiate the update process.
3. Restart Trading View: After the update is complete, you will see a success message in the Command Prompt. Restart Trading View to apply the changes.

Now that Trading View is in Developer Mode, you will notice slight changes in the interface, indicating that AI tools are now available for use.

Using AI Indicators for Token Research

Analyzing Token Movements

With Trading View set up and Developer Mode enabled, you can now start using the AI indicators to analyze token movements. Let’s take a closer look at how to evaluate different tokens using these tools.

Example 1: Sui (SUI)

One of our favorite tokens to analyze is Sui (SUI). According to insider information, the entire circulating supply of SUI is in the hands of funds and market makers. This suggests that the token is poised for a significant price movement in the near future.

1. Open the SUI/USDT pair on Trading View.
2. Observe the AI indicators on the chart. The AI has marked potential price targets along with the probability of reaching these targets.

• A 100% probability indicates a rise to $7.
• An orange chart shows a 33% probability of an increase to $15.

While the AI tool indicates a 100% probability for the $7 target, it is essential to remember that AI tools can occasionally make mistakes. However, SUI still appears to be a good medium-term investment based on these predictions.

Example 2: Solana (SOL)

Next, let’s analyze Solana (SOL). Despite its popularity, SOL may not show significant gains in the upcoming bull run.

1. Open the SOL/USDT pair on Trading View.
2. According to the AI indicators:

• There is a 70% probability that SOL will drop to around $70 in the near future.
• There is only a 15% probability of rising to $250.

1. The token is currently in a distribution phase, indicating that large investors (whales) are holding the price and selling their tokens.

In this scenario, buying SOL might not be a wise decision, as you could become exit liquidity for these whales.

Building a Promising Portfolio

Using the AI indicators on Trading View, I have already assembled a portfolio of six promising tokens for the next bull run, anticipated towards the end of this year. Here are some tips on how to build a robust portfolio using these tools:

Conduct Thorough Research

1. Analyze Multiple Tokens: Use the AI indicators to analyze various tokens and evaluate their potential price movements.
2. Monitor Market Phases: Understand the different market phases (accumulation, distribution, etc.) and how they impact token prices.
3. Evaluate Probabilities: Pay attention to the AI-indicated probabilities for price movements. Tokens with higher probabilities of significant gains are preferable.

Diversify Investments

1. Distribute Investments: Spread your investments across multiple tokens to mitigate risks. Avoid putting all your funds into one token, regardless of its predicted performance.
2. Balance Risk and Reward: Include a mix of established tokens and high-risk, high-reward tokens in your portfolio.

Stay Updated

1. Regularly Check Updates: AI tools and market conditions can change rapidly. Regularly check for updates and re-evaluate your portfolio as needed.
2. Follow Market News: Stay informed about the latest developments in the cryptocurrency market. News and events can significantly impact token prices.

Conclusion

Trading View’s Smart AI Indicators offer a powerful toolset for cryptocurrency traders seeking to make informed decisions. By leveraging the predictive capabilities of AI, traders can identify potential investment opportunities and build a diversified portfolio poised for success. Remember, while AI tools provide valuable insights, they are not infallible. Always conduct your own research and remain vigilant about market trends. Happy trading!

Feel free to share your experiences using AI charts in the comments below. Your feedback helps us improve and provides valuable insights for fellow traders.

Video Credit: