The strategy performs well and the avg deal seems okay to me but I would like some feedback to further improve this strategy as I think it has some potential.
I’ll think that it could beneficial in a downtrend market as you can change the values to crossing down on the BB and uptrend to Downtrend for the supertrend.
The strat is looking great! One thing, since we introduced export of settings you can share bot settings directly in the post, so other users can download them without expired links. Would you mind attaching the settings in your original post? Find the imp/exp:
Looks really good, the drawdown maybe could be mitigated with a second position open or more SOs backrest says it has a constant drawdown you can take advantage of this if you are going in only one coin but you can hedge the drawdown maybe adding multiple coins
One piece of advice you may try to reduce the time that you are in drawdown but don’t fight against it. You always will have DD in some moment. That’s why diversify is good ,you can reduce it with another bot and different setting even another complementary strategy.
I’ve created this strategy in the other way. Short and downtrend with crossing down.
So far so good. If you have other suggestions for complementary strategies. I’m all ears
Results over the weekend:
Long : daily avg 0.47%
Short:daily avg 0.56%
sidenote: I chose for SOL to trade and it pumped really hard over the weekend.
My recommendation is to use it with TP above 5% and at least 1% allowance for retracement. If you use smaller than that there is a risk that the result will be different from real life as the price movement inside the candles is assumed.
3 weeks of running the strategy with these market conditions and the results are pretty good!
I’ve opened some new pairs in paper to test the bot, will take these pairs into the summary.
1min timeframe
SOL SHORT: 0,50% Daily ROI
SOL LONG: 0,05% Daily ROI
Multibot with ONDO and AI16Z with max 2 open deals
SHORT: 0,74% Daily ROI
LONG: 0,21% Daily ROI
HBAR
SHORT: 0,58% Daily ROI
LONG: 0,21% Daily ROI
KAS
SHORT: 0,49% Daily ROI
LONG: 0,32% Daily ROI
Since 3 days I’m running the short strategy on my real account linked to a new subaccount on ByBit.
I run the strategy with a cross leverage of 50 (VERY HIGH RISK).
This strategy for DCA orders has a deviation of 45% and a required change of 6% to get out of the deal when all orders are filled in.
The results so far are:
PAIRS: TRUMPUSDT and AI16ZUSDT with Max open deals 1 so it chooses the coin at the moment. Will add HBAR and KAS to the list also.
