Mirinda news, new bots: Johano selected tokens and DOGE ripper experiment
Added 2021-07-19 14:34:29 +0000 UTCBots trading mid/low caps
I'll keep Mirinda, Johanno, Bakkeroff until alt coin index bottoms (currently at 29).
Mid caps are doing horrible, this is affecting not just Mirinda bot also other bots trading alts like Bakker setup, Johano (original), and others.
And that's why I'm either sticking to top coins and coins that show decent resilience despite the market sentiment or I'm going very conservative by using a combination of these tactics to avoid getting wrecked:
- low TP %. from 0.2 to 0.5 to scalp
- more picky signals: QFL conservative settings, RSIs with very low numbers, etc.
- Large max deviation
- high volume scale BO: 10 then first SO 100 and then scale > 2
Both the CPR and Bollinger bands width were extremely narrow last night which indicates a massive move with unknown direction is accumulating extreme energy.
The market sentiment is still pretty bad (G&F index is at 24) so no need to expose too much and then not know what to do with red bags for weeks!
In the past week Miela, Johano selected coins, doge ripper were pretty quick closing deals. Returns were far from impressive, but I'm happy to take profit and sleep like a baby.
Johano selected coins (new bot)
I added a version of Johano that only trades top coins called "johano selected coins" it's now in the dashboard and trades against BUSD to save some fees.
You can find more about johano selected coins here.
NEW Experiment!
I'm also testing a bot called "DOGE ripper" which in back tests makes 31% in the last 70 days using money flow index (MFI 5m), it can take up to a week to close deals but it's looking strong in the tests. Sneak peak link
https://3commas.io/bots/5144146/shared_show?secret=470f32c05b
