Startegy: Trading Latino Bot

Trading Latino Bot
It has this name because it is partly based on the strategy of a YTuber who for many years has exposed his strategy and analysis every night and I uses some of the resources he chose.

Basically the Bot waits for a Squeeze in the price and tries to exploit it through the contraction of the Bollingery bands and then expansion. It relies on some EMAs to confirm that it is going up and when to cut. It’s not perfect.
I created other iterations that I am testing but this bot works well when the price enters an expansion phase. its has work to do with the TP wich is not reflected in Bot runing.

It has no protection mechanisms that work yet, so the short SL makes up for this, but over the course of the cycles it should be successful aiming to a sudden rise of the price.
Im testing with x5 Leverage just a Choice but it could no be recomended at the end of the bull market
I hope someone find it usefull and can improve it :slight_smile:

Trading Latino Bot
https://app.gainium.io/bot/66b82d1a840ffd9fce4b69b5?a=1895&aid=share-bot&share=7da8655d-da88-4438-b621-858ec297fec7

Backtests

2 Likes

Well, it’s been a while since this bot ran a live test, and the results are pretty good. It probably still has crypto winter to go, but it’s built a good foundation to get through it :slight_smile:

2 Likes

Results are looking great but on above screenshots drawdown is huge 77%

1 Like

Oh thats the crypto winter, it will be the next test. you can prepare yourself using the half of the inverted or start with the half of planned inversion or just wait…
For now is going well :slight_smile:

1 Like