Let's build the best short bot
Added 2021-06-26 10:27:51 +0000 UTCNext week I'd like to work on building short bots for futures.
Remember that you can use them with 1X and therefore not apply any leverage. It will still be based on contracts but at a similar risk to running a spot bot.
For a short signal we could use many things:
- I can build a signal. This would take time and trial and error.
- I can reuse any existing signal out there. It needs to be open-source. For example the SELL divergence from MarketCipher (we are currently using the BUY divergence one).
I just received a message from a member who gave a great idea: he suggested using super trend for a sell signal.
I haven't backtested it yet or anything, but it'd be great if you already know other great SELL signals if you could leave a comment in this article with your suggestions. I can have a look on Monday and and see which ones are best. The tester team can also help a lot here by taking some of the suggestions and filtering the good, the bad from the ones with outstanding results!
Leave a comment below with "what is your favourite SELL / SHORT signal among all"?
Extra: next week I need to add sell signals to the "3c simulator" mode of the backtest script so you can also test short bots without needing to use the "external indicator" mode which is for more advanced users.
