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This exciting workshop will show you how to build a swing trading bot using the stochastic indicator. The stochastic oscillator is a momentum indicator that traders use to identify position entry and exit points. We'll cover stochastics in more detail and show you how to add them to a bot's automations.
This bot automates a simple strategy using the stochastic decision recipe to filter for new trading opportunities. We'll show you how to create a bot that automatically enters a position when certain criteria are met and exit positions at specific profit targets. This is a great strategy that anyone can easily add to their portfolio with a cloned bot template.
