New bot "Esperanta": Can Bollinger Bands help us survive these market conditions?

In short, the answer is yes.

I spend almost the whole weekend looking for the answer to this simple question but why? 

3Commas offers out-of-the-box to Bollinger bands as deal start condition with two settings: 1 or 2 standard deviation.

So we have all the ingredients required and could quickly put up a bot using them but...

Can they actually survive the market conditions we saw during all May? What if BTC dropped to even below 20K? 

Wouldn't it be great to have a setup that can trade these conditions with a very low likelihood of getting caught in red bags? 

Well after spending hours backtesting I found a combination that provides an amazing seet spot for 

- which Bollinger bands standard deviation to use: 2

- TP and TTP levels: between 1 and 1.5%, TTP on.

- which timeframe provides the best overall safety for all pairs: 15 min

- BO and SO, scales, min volumes, etc. 

And I repeated this exercise for top coin pairs for USDT, BTC and ETH markets too because I know many of you want to be able to accumulate in those market coins.

All backtests were run specifically during May 2021 to make sure we focus on the profits during the market collapse only and don't get biased by the bull run that we had up until the 1st of May.

Tomorrow I'll publish a Youtube video about this explaining how I got to those values. 

As usual I'll give substantial value for free in the video itself but will leave all the cherry-content for Patreon members only ( in this case for all tiers).

All 3 Esperanta bots will be added tomorrow to the bot dashboard.

I just started the 3 bots with 2K USDT, 0.2 BTC and 1 ETH using real money. 

I'll upload the links to the Esperanta bots tomorrow right after the video goes live.

The worst performer coins make 3% in all May whereas the top performers get to almost 40% a month which is not bad at all considering how challenging it was to survive May! 

The best performing period is during each of the multiple bearish corrections we saw during the whole month. As the forecast is that the volatility will remain high during June this becomes quite a life saving setup while we work on preparing Glorinda, Petro and Poison for the coming bearish days too.

And if the prospect for June changes dramatically and we saw a V recovery then we can go back to bullish bots and consider increasing the priority for completing the market orchestrator setup. As you probably noticed the priorities changed 180 degrees when the market plumped. What's the point on completing a market orchestrator that is meant to stop your bots when the worst catastrophe that can happen already happened? 

We will resume that work but my highest priority is to keep you guys profitable during the bearish market and that will keep my focus on bearish bots, obviously unless we see again another unexpected market U-turn :D

A HUGE MASSIVE thank you to @Gavin for facilitating his own DCA backtester script version. It's incredibly accurate! 

It works really great. I added today some extra stats to the RESULTS box that now show:

- avg SO use

- Max SO use

- number of deals that used 1,2,3, etc SOs.

I'll keep adding more stats ASAP.