Hello guys!
I’ve been cooking on a idea using Combo bots for hedging on the same pairs. A hypothetical set-up could be BO/DCA 1% up/down and 1% TP and let’s go with 60DCA’s entry ASAP with a 10sec CD. I’m curious to know what would happen, in my head the bot’s would make returns when a re-tracement or reversal happens. let’s say we enter an asset at a price of 100$ and the price goes down 10%, the short bot would’ve made some profit and the long bot would’ve accumilated 10% more and be in a drawdown, price now starts to get a little choppy and because the long bot will sell a loss but also keep buying at a better price the avarage position price has been lowered, meanwhile the short is does the same (I would assume the Short bot’s profits would make up for the losses from the Long bot) however because the long bot never sold it’s intire position and have now accumilated more with a better entry price, and the price goes back to 100$ (or a determained TP, that’s higher than the the total amount from just exiting the grid) we would now overall be in a profit? and can now close both bots and start over? or would it make more sense just to let the bots run and let the short bot try and do the same as what the long bot did?. I’m somewhat new to hedging
Hi @antyholm
Nice to hear that you also play arround with hedging strats.
I’m currently testing a similar strat with a long and short version and 100dca each. Instead of taking profits I wait until both deals are in green and close both at the same time and start again both bots. (Manualy because its not possible to do it automatic as of now). With that you will never end up with overlapping deals. I’ve tried it with and without leverage and both works… right now I close around one trade a day and after one month I will share my results with the community.
I’ve been doing hedging with combos for a while now. I personally haven’t had to rescue a deal yet, but if I’m in the situation I would add more dcas if possible. As long as the deal is within the range I don’t worry too much.
Keep in mind that hedging in spot is not really hedging, you’re still going to make money buying low and selling high. A short bot in spot may seem like it’s losing value as the price goes up, but as long as you are selling above your purchase price those dcas are no diffent than multiple Tps, the “negative value” is opportunity cost, the same opportunity cost you have with multiple Tps.
For me it works well because the majority of the btc and eth I have in short bots were purchased around the ftx collapse, so I’m already in profit. If I were to start short bots today I would wait for a price dip to accumulate the base, then when the price recovers start the short.
Hey @MarkusP, thank you for your reply, I’m happy to hear that the concept works, however you’ve made me alot more curious now, how many bots are you running, what kinda of spread are you using, what’s the margin used and how would you go about finding good coins/tokens for the strategy? 
Hello @aressanch, thank you for the reply. I’ve been reading through the “Hedge bot multicoin strategy” topic while it does look very good, I struggle with understanding exacly how it works. it seems theres alot of questions about when to open a second grid, and in my mind I would think that the minigrids of the combo would more or less solve this topic automatically? or have I misunderstood something? 
Correct you don’t have to open second grid with combo, it’s only for dca. As long as the price is within the range it’s working fine.