We are thrilled to announce powerful updates to our trading bots that will enhance your trading experience and strategy flexibility.
1. Compound/Reduce Position for Bots
Our latest feature allows your bots to compound or reduce positions automatically. This means you can now grow or shrink your investments within a trade without manual intervention, optimizing your returns and managing risk more effectively.
We have also added the ability to use OR logic for multiple indicator rules. This gives you more control and customization options when setting up your trading strategies. You can now create more complex and versatile conditions, making your bots smarter and more adaptive to market changes.
These updates are designed to give you more control, flexibility, and efficiency in your trading journey. These new features will help you achieve even better results and refine your trading strategies.
Thank you for being a part of the Gainium community. As always, your feedback is invaluable to us. Feel free to reach out if you have any questions or need support.
I added a feature suggestion to go in tandem with the 2. Multiple Indicator Rules with OR Logic I think it will add a lot of value to our trading strategies
You can select only one of these features at the time - FREE% / TOTAL% or RISK REDUCTION / REINVEST PROFIT
Risk Reduction is based on losses while Reinvest profit is based on profit - the first reduce the size of the base order the second add what gained into the base order - you can find out more about this feature HERE
In short what you gain or lose will be added or removed based on the percentage - if you set 50% and you gain $100, $50 will be added to your Base, same for the opposite if you lose $100, $50 will be decreased from the current Base order.
In the article above you will be able to see why FREE% / TOTAL% and RISK REDUCTION / REINVEST PROFIT are different and how they work - hope it helps
@Rossano already explained it well but I just wanted to add what I think it’s the main difference.
When using %, you can add or remove funds of the account without affecting the bot. Each time the deal is started the bot checks the balance and make the orders accordingly.
When reinvesting the profit, the bot is tracking the profit internally, there is no balance check to ensure the funds are still there. If the funds become locked or unavailable, it will throw an error.
Thanks @aressanch
Exactly - its basically one looking at the overall balance while one is looking only at the single bot profit.
The initial suggestion was also related to one account vs subaccounts - when using only one account with the RISK REDUCTION / REINVEST PROFIT work better as only the new profit/loss are taken into consideration
Maybe the next deal is to close to the lost deal or the effect of the reduction, that also affects the configured safety orders, too little to ne noticeable?
Those were only assumptions. I would expect that if a deal was configured with only a buy order of $100 and was closed with a loss of $25, that in this case a 100% risk reduction would result in the next deal to only use $75 as buy order. Maybe you could test this simple setup with back testing or paper trading to see whether that’s what really happens?
With safety orders the loss would be shared according to the ratio of the order sizes of buy and safety orders. Assume the base order to be $100 and a single safety order of $400, i.e. a ratio of 1 : 4. Then with a 100% risk reduction and a loss of $25, the whole loss would be split 1 : 4 and the resulting base order would be reduced to $95 and the safety order to $380.
we move fast here.
