The S-10 strategy emulates a combo bot but using a regular trading bot without DCA - how does it work? Each deal works in a certain price range, but instead of using DCAs, it uses deals in parallel.
Each deal will have two deviations:
A deviation UP - consisting of multiple Take Profit (simulating the minigrid base).
One deviation DOWN - consisting of parallel deals that start when the price drops by x% deviation.
EXAMPLE:
TP 5% (divided into 5 TP multiples of 1%)
Dynamic price 5% from the entry point of the previous deal
By doing so, the strategy will build a dynamic grid that works on the price deviation in ranges. In fact, each deal will only have multiple TP levels without considering the DCAs, since the DCAs with the related mini-grids will be created by new simultaneous deals with multiple TP levels.
The best part is that if the price drops dramatically from $100K to $10K we can merge the deals by combining all the deals used to create the dynamic DCA.
This differs from what Combo Bot deals do as those bundle DCA and minigrids where this strategy keeps them separate. There’s also no real grid and no configurable DCA spacing here. It’s more like building a multiple take profit grid.
Example
Start: Deal with 5 take profit levels above spaced by 1 %. Price moves 5 % up/down: Start new deal as above.
That’s an interesting strategy, the difference with the combo is that there are no buys under, the bot just buys when the price reach the level right? It may be similar to neutral-type grid strategy, where the bot doesn’t buy or sell a big amount at the start, it just reacts to price depending on how it moves.
By the way is this in the wrong category? or are you requesting a feature?
Yes, it basically creates a grid of selling orders while buying less often - the only time that buys is when the price goes over a set dynamic price deviation and open a new deal (in the strategy overview these are considered the DCA orders).
The key point is to make traps of the same %. When the bot starts a new simultaneous deal that deal will cover the dynamic price deviation of the previous making the grid spaced out evenly.
…and if the bot uses all simultaneous deal we can merge and average down the price - we are in SPOT no stress, relax and print out money
Only that those simultaneous identical deals if merged only lower the average price a little and it would require a lot more funds to get the average price close to the current price.
it will be the same as using a normal DCA cause each deal isn’t identical but shift by x% from the previous - plus you buy at the bottom of that range mimicking the combo behaviour - buy at the lower grid to sell higher (long bot)
Interesting concept. Have you found if a trading strategy is more profitable if you use 10 or so different coins and diversify your funds to make smaller profits or use one coin and make more profits per trade but less trades?
Yes. This is a topic that would be a great conversation on here. On the one hand, it is much easier to watch and modify our trading strategy with one coin. But on the other hand, it may not make trades very often.
This strategy may require manual interventions at some point (very likely to happen) because it creates a grids by using multiple deals scattered across the chart using price ranges.
For example the first trade starts at 70k and has X amounts of multiple TP up to 71k (no DCAs) - if the price raises we close the deal and restart with a fresh deal - and if the price goes down after x% deviation it opens a new deal from 69k to 70k, then 68k to 69k and so on