thetradingparrot

Your exchange account might get hacked today. Read this asap.

Sorry.

You are right. 

I'm calling your attention.

It's been already 2 users of our community that have lost all their funds this month due to being hacked. A third user didn't loose the funds but the hackers were very close to achieving it.

I'm writing this article to give you a few ideas on how to protect better your exchange account. You never know.

Tip 1: Enable 2FA using google authenticator

This is a must definitely, you cannot be using any exc...

Jozefo: the forgotten BQX BTC bot

Beginning of this year I was collaborating with a member on an idea to design a bot to trade Voyager token.

Around February BQXBTC on Binance was consistently outperforming bitcoin. Actually in the crypto screener on trading view was displaying as the only token doing that while bitcoin was constantly pumping.

...

How to backtest any DCA bot

https://www.youtube.com/watch?v=fb85m8cz4q8&ab_channel=TheTradingParrot 

Backtest pine script BETA now available to all Patreons

If you'd like to be part of the BETA testing of Gavin's DCA Backtest now any patreon can fill the following form:

https://forms.gle/TbzTe6VkYCdakKCP7

Last week we invited only 50 users, this week we extend the testing of the script to all users.

Requirements: you will need a TradingView account.

You might have noticed that there's a new Discord channel called "...

Lambo all tokens update

Lambo with all tokens has been running on paper trading for 3 weeks without any change to the signal or the DCA bot.

Let's look at how it's performing.

Reminder: 

• The version of Lambo with real money that I'm running in the bot dashboard it's only trading top market cap tokens as I wanted to stay on the safe side.
• We left a paper trading version of Lambo using ALL the supported tokens with 10K investment to see how it was going to perform during these bea...
  2021-06-14 16:49:26 +0000 UTC View Post

What's up with BTC for the weekend?

After last week fake out to the downside, we are back inside the triangle pattern which is getting things slightly more bullish. 

It would be great to maintain these levels and close the daily over 37K. 

Expect extra volatility over the weekend as usual.

There's still chances of a dump to lower levels but they are decreasing th...

First 50 users get BETA access to the 🔥 DCA backtest Pine script on TV

If you'd like to be part of the BETA testing of Gavin's DCA Backtest you can fill the following form:

https://forms.gle/TbzTe6VkYCdakKCP7 

I'm inviting up to 50 users for this first round of BETA testing. 

Requirements: you will need a TradingView account.

It's going to be a  first come first served so if you are quick enough to be one of the first 50 us...

Tesla stock bitcoin best trading strategy

https://www.youtube.com/watch?v=Kho1Ji7svnE&ab_channel=TheTradingParrot 

Stocks trading bot for FTX.com

I noticed recently that 3commas introduced support for QFL deal start condition on tokenised stocks from FTX.com 

I've no idea if QFL would perform great on stocks. There's no option to paper trade it either.

I checked a while ago and there was not a single deal start condition for stocks. 

We could consider exploring trading these symbols with QFL or even introducing a VIP signal tailored for for stocks like Apple and Tesla. This would involve some period of doing...

Market in accumulation phase, what now: HODL, DCA'ing or rebalancing portfolios?

https://youtu.be/6BS4UKwt20k

Esperanta backtest pine script

For those of you that got inspired with yesterday's video and would like to do some extra backtesting and maybe fine tune your own unique Esperanta settings for what's coming next in the market I'm sharing the exact version that was used in the video so you can take it from there.

You can also use it to backtest tokens that were not covered in the video or maybe even try BNB or other market pairs too.

2021-06-02 10:27:05 +0000 UTC View Post

Esperanta bot: A bot that profits from disasters

https://www.youtube.com/watch?v=nBQ0U_NgFFk&ab_channel=TheTradingParrot 

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...

2021-05-31 21:06:34 +0000 UTC View Post

I'm taking a risk: switching on some extra bots

All these actions discussed below represent high risk as the market hasn't confirmed a bottom yet. All technicals and sentiment are indicating potential further dump. Do not mimic these actions with funds you cannot afford to lose.

Lambo 

I've modified Lambo and started a real money version using 1600 USDT and with TOP coins. I'm not expecting crazy returns but is a step forward to gaining some trust on more aggressive signals. I'm still using a very conservative 2021-05-31 14:23:48 +0000 UTC View Post

May 2021 VIP monthly zoom call 2

Video link:

https://www.youtube.com/watch?v=Ee1Kh9M9IoU&ab_channel=TheTradingParrot 

questions from slido:

https://admin.sli.do/event/skjag6fv/questions 

20:25:52  From John McConny : Right!

20:26:52  From John McConny ...

I'm switching back on Bakker setup but...and Safira

I have now restarted the Bakker setup with a couple of changes:

1) min daily vol has been increased

2) QFL deal start condition setting changed from 4 to 5

The form has been updated with this.

https://docs.google.com/spreadsheets/d/13-PZZDuClm...

Market doing some potentially promising bounce back up and updates on MC and Lambo

The chart shows TOTAL2 breaking above the this 1 hour descending wedge, first time since we started the downtrend. We have not yet confirmed we won't enter the wedge again. 

In order for me to start actually feeling bullish I'd like to see the price do as the green line shows in the chart, basically I like to see the price re test the top of the wedge and then push up. That'd increase the ...

Now, later and market cipher update

Now

I got rid of all my 3X leverage tokens. No way to recover them when a market crashes like this. 

I'm going to be holding my spot positions and using spare USDT to run extreme bearish bots.

Later

I'm planning to add my largest red bags to grid bots as soon as we find a bottom for BTC. There's no point doing so now as the price keeps free-falling.

Once we find it I'll start running bots against BTC/ETH so I can accumulate it and have more for the bounc...

Dilan and Merita eXtreme versions & Futures bots almost ready

I have added an eXtreme version for Dilan and Merita.

These versions are ideal for very heavy market corrections. They will only trade during the correction and will stop opening deals once the price starts settling.  

Dilan eXtreme did really good from 16th of May as the price collapsed. Around 8% profit in a couple of days. 

Merita eXtreme has also done great but I came ...

Monthly VIP call video: May 19th

Slido with questions:

https://app.sli.do/event/5orx9lyw/live/questions

Ouch! fear index at 21

Dilan extreme is doing pretty well today, buying all the catastrophe prices. I've adjusted the TP to only 2 given the severity of the dump. 

https://3commas.io/bots/4247310/shared_show?secret=1158decdb0 

If you want to buy at discount you could also use a copy of Martyn BUT make...

What's next for BTC - were we ahead of schedule?

I've notice that there's loads of people and influencers producing very extreme forecasts for this bull cycle: either they think we already topped or that we are going to have a similar bull run as the previous cycles.

I'm bringing 3 charts to your attention that should help us produce a more informed forecast.

Each of these charts are for all the past BTC cycles. They only differ from the time they start:

• ATH chart - Days since crossing prior ATH
...
2021-05-18 12:40:00 +0000 UTC View Post

Futures bot - Market cipher signal

Update 1: There's a typo, but it doesn't allow me to fix it: the second occurrence of ETH is actually ETC as some of you already figured, it is sorted by market cap order.

Thanks for all the video likes guys! 

As promised if we hit more than 300 likes during the first 48 hrs of the video I'll make the signal available to all Patreon tiers. Not only for VIP members.

I still need to work a bit more on the signal and @matsoftwar...

100% a month bot using Binance futures

BTC has finally paid a visit to an historic level

Many BTC and crypto influencers were getting nervous of not having paid any visit to the 21 weekly moving average (EMA 21 weekly). In every bull run there's a periodic visit to this level, multiple times. The 34 weekly is more rare and might happen only a few times in bullish market. 

Last time we visited the 21 weekly was in September 2020. 

BTC bounced up aggressively after re...

Time to take some decisions and prepare

Now that we are well in the green (we should be!). You should start to think to switch off some bots or reduce your exposure to leverage, buy-the-top bots, low cap token bots, etc. 

Perhaps flipping some funds to some bearish bots instead like Martyn, Dilan, Safira, etc. would be best.

I'm looking at the TOTAL2 daily chart and I see the following things:

• From 1 to 2 we got a STOP signal and a couple of TOP from our Parrot Ratio indicator then the...
  2021-05-12 10:20:43 +0000 UTC View Post

My exit plan using DCA bots

I'm driving 3 lambos this month

I'm running 3 Lambo DCA bots this month to see which one performs best based on data.

Although it's possible to backtest the signal on a single coin at the time and see the profit made in the past month. It's not possible for me to forecast using a backtester pine script how would the following alternatives would do over 2 months:

- 30 max active deals vs 45 deals

- top 10 tokens vs all tokens vs best lambo token performers of past 2 months.

So I decided to put them in...

Hey hodler! do you have an exit plan? here's mine

Historically May as been a pretty green month but the fact is that the months after tend to be pretty bad.

I have a separated sub account where I'm hodling some tokens for the long term. 

Even  though my intention is to hold them for the long term I still feel tempted to take a hybrid approach: bots for managing my hodling. I'd like the bots to sell when there's a high chance the price will come down. Then I can decide to re enter or just move on to something else.

VIP signals update: Petro, Parrot Poison & Lambo

Ok, let's go one by one all the updates for each of the VIP signals.

Lambo

I spent hours trying to find the best compromise of risk reward. I relaxed the levels required for to enter deals. I'm using a compromised version of market protection which protects "most of the cases but not all of them". 

The BETA test will continue so make sure you don't put your life in this signal and let's give it another week to see how it improves.

Parrot Poison

Poison ha...