Jesse L.
Trndbot honest review
What it is: Trndbot is an AI script used on the TradingView platform to help confirm entry and exit points. The sensitivity can be adjusted higher for more accurate confirmations/less signals (good for swing trading), or lower for more signals/less accuracy (good for day trading). It also features a variety of extra tools like EMA and volatility clouds, auto support/resistance lines, and entry/stop loss calculations. The bot is very similar to what LuxAlgo provides, although I have not personally used LuxAlgo myself. Purchasing the Trndbot also allows insider access to their discord server for near round the clock support, call-outs, weekly educational streams, and limited 1-on-1 support, all included in the Trndbot package. As a rookie trader with limited trading experience, I found this to be one of the most useful things that came with the Trndbot subscription. My goal as a trader has been to learn how to trade, not to follow someone elses's suggestion, and Trndbot has helped me come a few steps closer towards that goal. I would recommend the platform for motivated individuals who are seeking to learn how to improve their trades or people who are looking for more confirmation signals before entering a day trade or swing trade. I would not recommend the platform for people who do not have time or will to study their trades, nor for people who intende to hold on to stocks for 5+ years. What it is NOT: - It is not a system that tells you exactly when to buy/sell with 100% accuracy. You still must do your own research and analysis before entering any trade. Yes, the buy/sell signals are helpful, but you use that a information with other technical indicators and research to help you plan your trades. - It is not an autotrading bot. TradingView interfaces with only a few brokers, and of those few, I'm not sure if any of them have auto-trading capabilities. Most people will still have to enter trades manually. - It is not an all-in-one script that provides you all of the trading resources you will ever need. There are tons of free scripts to use in conjunction with the Trndbot for more technical analysis, and other websites to use for fundamental analysis. - It does not provide a stock scanner or screener. This is probably the biggest critique I have with the subscription. The stock scanner on TradingView is okay, but somewhat cumbersome. You can still get trade ideas from other authors and from the discord community though. Suggestions for improvements: • Addition of a stock screener would be nice, or the ability to use the screener to follow our own personal watchlist. The discord bot only follows a fixed watchlist. • Using with the TradingView platform works with the free condition, but it works a lot better with one of the paid options. The basic plan of TradingView allows for more indicators, alerts, and charts to be saved, which allows you to keep track of entry/exit points for more than 1 stock. LuxAlgo has the same limitation.



