Maybe you will need long bot when market is super bullish.
bro where can i see your settings please.
Settings are in the main post.
Test strategy at paper first to see how it works. Not guaranteed for successes as it is very high risk
thanks dear, i just opened it in paper trading mode. I am using 20 x leverage as in Binance 50 x lvg is not available for the pairs recommended in your strategy.
I donāt recommend pairs tbh.
These are just pairs I was following when I created the strategy.
bro can you guide which pairs may work better ?
the concept of strategy looks amazing by the way.
I would say volatile pairs. BTC / SOL wonāt deliver the results. But are more safe in the long term.
And how often have you been liquidated with the short bot when backtesting it? I mean with an coin up of 2-3% and a leverage of 50x you are out, or did I get something wrong?
Or lets allow the coin to make +10% then you are out for sure and even DCA doesn“t help. Am I wrong?
If you use Isolated yes. With cross you will not get liquidated when price drops 3-4% with 50x leverage.
So far Iāve not been liquidated since running the strategy. To run this youāll need enough funds to cover the trades.
Iāve had 2 or 3 times that it has faced a pump and used 50+ safety orders but the rewards were also high.
Many people warn against using cross, so I am quite skeptical⦠I would prefer to use isolated but then only a leverage of max. 5x
What do you think about this?
I think you will get liquidated in the backtests, that was my first choice also.
Try running it on paper with 50x cross. If you want to run it with real money. Create a subaccount specifically for this strategy so you will not liquidate your whole account.
For now Iām running a V2.0 for even smoother entries.
For now Iām running a V2.0 for even smoother entries.
Could you share this V2.0 strategy?
Thank you
I will when Iām happy with the results.
Itās just some tweaking with the old settings and 1 extra indicator to verify the trend.
When time is right, Iāll update it.
When we run backtests on different timeframes, we get different results.
What is the best matching timeframe that usually simulates how the bot will perform in a paper or live environment?
I run my bot on 1min timeframe