thetradingparrot

New BETA test: Mikelo

Added 2021-03-19 17:36:01 +0000 UTC

I have now managed to have a first look at the bots from the new 3commas presets and got really impressed with the performance of a particular bot that's making a good 33% a month. There are plenty more but most were too opportunistic or too risky to really feel like it's a good idea to copy for now. I want to make sure I filter out the best opportunities for us.

I decided to make a copy, give it a name and start testing it now.

Mikelo DCA bot

Deal start condition: Bollinger bands 1 hour. Expect this bot to open trades not as often as our bots that tend to use 5m or 15m timeframes.

Past performance analysis: This bot is making constantly humble profits but seems to take a huge advantage of the monthly usual big drop we've been experiencing in the current market conditions. For example on the 23/2/2021 it made 500USD in 2 days.

I made a copy and changed a few things.

It's got less active deals and smaller BO/SO to reduce the amount of money needed for those risky traders wanting to test with real money.

I'm testing it with real money, unfortunately the BO/SO are set already at the minimum and its still requiring 2.8 K USDT to run it. This is because it buys drops of up to 36%.

I recommend going with paper trading.

This bot is not only trading large market cap. It's also trading Swipe SXP. This token had a big crash last year but seem to be ready to have a new ATH.