I'm increasing the TP of the conservative DCA Petro bot from 2 to 7%.
This article is NOT about the original Petro DCA bot (both can be found in the bot dashboard).
In the backtests it shows that it can close all deals in the last 2 months even with SUSHI, MATIC and THETA (the ones we had issues in the past two months).
This increases the risk ...
2021-05-02 19:38:33 +0000 UTC View PostI'm having a look at Mirinda and performance has been good.
It's made 20% profits in the last month. It's got 6 red bags for a total of $225.
I looked into them and I'm going to consider turning a few of them into smart trades and work my way out of them later. Maybe just the BTS one which is -15% currently.
They all have good potential anyways.
I'll restart ...
2021-05-01 09:02:08 +0000 UTC View PostA very small tweak to the conservative version of Petro DCA bot (the one I have running all available pairs).
This change will increase the risk of holding red bags. So conservative investors can decide to skip this tweak and leave the deviation very high.
Bot masters willing to do a bit more manual work, needing to add funds and do some technical analysis for the sake of increasing the daily performance can consider this small tweak.
As you can see all I changed was the ...
We just started the ALPHA testing of BOTBURG.
A personalised bot dashboard built for The Trading Parrot users.
With this system all Patreon users will be able to connect their 3Commas account and see stats and charts of their bots in real-time.
We'll let you know soon how to be part of the upcoming BETA testing.
During these tests we want to make sure t...
2021-04-28 20:13:46 +0000 UTC View PostIf you are a conservative investor you can skip this article.
I'm going to start reentering slowly with less funds some of the bots. Allocations and settings of have been adjusted in the past weeks and shared on announcements so have a second look at the dashboard in case you missed any update before switching on anything.
I changed the deviation of Petro original to 45%. Conservatives keep it using 51% (which basically means "price deviation to open safety orders" r...
2021-04-28 15:16:19 +0000 UTC View PostI’m preparing this bot for the top 7 coins I’m more bullish.
The bot is quite aggressive and you should not run it if you are not familiar or not agree they have such a great upside potential as I do.
I’m using my BTC as I believe they all have big chances to outperform BTC in the upcoming months and therefore can help us retain the value of our portfolio, especially if BTC takes a breather.
It won’t be part of the bots dashboard yet as I want to see if it will requi...
2021-04-27 23:48:21 +0000 UTC View Post
We are in one of the most decisive moments for BTC of the last year.
1) Every time we have crossed the EMA ribbon and managed to stay above we have rallied upwards. This has happened 3 times in the last year.
But if this time we don't manage to close today's candle above it this will flag the potential beginning of a short or even medium term bear BTC market.
2) We still haven...
2021-04-27 21:52:51 +0000 UTC View PostI'm adding support for ALL spot tokens available on Binance to Lambo VIP signal.
We were currently using 114 tokens and now we support 213.
This includes TOP10 tokens that were not supported before.
We should start supporting 2 Lambo VIP signals for VIP w/call members! Currently the VIP submission form only has an entry for a single DCA bot.
You can then have one Lambo with TOP10 tokens using maybe more allocation of funds and second Lambo ...
2021-04-26 16:40:42 +0000 UTC View PostPetro has been upgraded (VIP signal).
It incorporates now better protection for bad market conditions.
It now supports ALL BULL USD tokens available on FTX.com
Both DCA bots for Petro: conservative and original have been modified. Orders, TP, allocation, etc. Please take the time to compare side by side the bot links from the bot dashboard.
The bot dashboard itself still doesn't reflect the new allocation so double check in the actual 3commas bot link which...
2021-04-24 18:33:39 +0000 UTC View PostGood and bad news :)
The market is almost as horrible as predicted. Can it still go a bit more sour? yes.
It's incredible how everybody is influencing each other with the negativity and causing it to drop further and further down. Starting from the day TOTAL2 was overextended, and maybe. a few days before, when we switched off Amika/Venka, one by one each influencer was turning bearish. At least for the short term.
Anyways, this ...
2021-04-23 12:50:03 +0000 UTC View PostLambo hasn't sent any signals in the last hours as I've been testing different options to shield the signal from different conditions that tend to collapse the market very often.
For example SPX500, BLX, TOTAL2, BTCUSDT, etc.
I'm going to be trying different alternatives.
Remember you opted in for a BETA testing and during this period you should expect changes, some interruptions and even some bad entries. That's all explained in the form and in the article.
Once...
2021-04-21 09:24:45 +0000 UTC View PostThe crypto market is risky and it can dump unexpectedly.
No one can 100% time the market.
I follow (and pay too) for well recognised influencers with a strong track of being spot on for "reading the market". None of them has been able to tell precisely and consistently what's going to happen exactly when.
Many times they say things will turn ugly just to see the market then pump another 20%.
But the good news is that we don't need to know the... 2021-04-20 12:59:23 +0000 UTC View Post
The 3rd of September of 2020 was the last time we closed below lower band of the Keltner channels.
Since then we've been always strictly respecting this level.
Today we need to carefully look at how we close the daily candle to be able to understand where are we heading with BTC now: continuation of the bull run or a short term bearish trend?
If we turned bearish we could potentially drop to even the 42-43 range if we break the 51K support or if ...
2021-04-18 16:42:53 +0000 UTC View PostLambo has been working so far with 64 supported coins.
It's been busy closing deals using 30 max deals.
Most of the time it's with 10 to 15 deals open.
So far only a single day it used all 30 available deals.
I still think that there's room to add some extra coins.
Today I increased the number of supported tokens to 114.
The coins are attached as a CSV file in this post. I'm not adding the tokens 1 by ... 2021-04-17 22:19:42 +0000 UTC View Post
I'd like to change the "max active safety trades count parameter" in most of the bots.
This is an optional adjustment which has some pros and cons.
I'm releasing soon a video explaining more in detail why I'm more inclined to opt in for increasing this value.
For now it's all summarised below.
1) Reserve will reflect better the actual bot funds usage at all times
2) It helps preventing not enough funds - early feedback if not enough funds...
2021-04-16 11:12:32 +0000 UTC View PostI've been working on a signal to help us decide when to start and stop our bots.
Recently the PI Cycle indicator grabbed loads of attention as it triggered signalling a big dump of BTC. Many influencers publicly posted their opinions and the majority of them agreed that the signal was invalid in this occasion.
But after inspecting how this signal is implemented I figured that they originally used the symbol BLX or liquid index for BTC. Interesting!
So I decide...
2021-04-14 13:02:00 +0000 UTC View Post
I added a new VIP signal to the bot dashboard: Lambo. (Not available yet)
I’ll be sharing more info during the rest of the month as I have more substantial data and stats to offer.
On backtest the results are looking incredible, I’m extremely excited about this signal, which at least on paper making all other ones look like a joke.
And I’m talking about risk management, not just profits. Which is very important in this business!
PS ignore the bot dashboard st...
2021-04-13 16:45:11 +0000 UTC View PostI'm reducing TP of Nikolao to 3% and adding a TTP of 0.6% Expected effects of this change:
The author recommends 2,3, up to 5. Mentioning that 5% can cause some bad deals.
We are using 30 max active deal...
2021-04-13 14:30:20 +0000 UTC View PostValora bot has plenty of deals in red against BNB.
BNB has been running pretty hot.
But many of the tokens that are in red against BNB they are still in green against USDT.
I will start to "cancel" some of these deals. To explain how I will use the following example:
- HBAR/BNB pair has a deal that entered on 4/5/2021 1:35:22 PM
- volume is 260 HBAR
- This was bought with BNB but at that time HBAR was priced at 0.31928 USDT
- Now HBAR is p...
2021-04-11 16:43:38 +0000 UTC View PostAll bots that were switched off due to the API issues between 3Commas and FTX.com are now on:
Petro allocation was reduced to 2104 USD. BO is 30 and SO is 60
The following pairs have been added to the Petro bot: VETBULL, MATICBULL and SXPBUL...
2021-04-06 14:02:58 +0000 UTC View PostFor those who requested a more conservative version of a DCA bot for the VIP signal Petro
The benefit: This means a having a lower likelihood of needing to add manual funds.
The price to pay: the compromise is lowering the P/L,
You can now have a look at this article (bottom of the page):
Update1: added some recommendations.
There seems to be an issue on going between FTX and 3commas.
Please stop all FTX bots until further notice.
This includes petro and parrot poison.
If you are running Martyn also stop it.
Please check in your exchange if things match 3commas. I checked mine and they were all mismatching the deals on 3commas. If you have questions we can try to answer questions on discord but I suspect this is a 3comm...
2021-04-04 17:10:11 +0000 UTC View PostWe are about to finish March and you know how much I like to look at stats to help us make better informed decisions.
If you got tempted to run the Bakker setup a week ago or if you are still interested in doing so soon, I have here some hot stats that Bakker has been kind to shared with us.
The first table shows the ROI for each of the bots.
If you are interested to kno...
2021-03-30 15:26:27 +0000 UTC View Post3Commas introduced a new section for DCA bots called "presets".
We reviewed it when it was first launched here.
The most important take away from my review was "do not copy something just because it did well in the past month". Many bots in the preset sections were pretty opportunistic and trying to gain from a one off pump.
As I mentioned in my review I'm going to try ...
2021-03-30 10:04:53 +0000 UTC View PostOn 19 of March we introduced a new BETA test bot called Mikelo.
This bot uses the bollinger band deal start condition included with the 3commas subscription. We decided to give it a try for 10 days on the 1 hour chart with top coins.
The signal is pretty reliable and reflects the values seen on trading view. With the exception of a few days ago when 3commas reported a few issues with...
2021-03-29 15:54:52 +0000 UTC View PostAlcoin season index is at 78.
We have the Bakker setup doing most of the heavy lifting.
But we can still make some good picks for long term hold to make some extra gains. Some manual trading doesn't hurt :)
All of them in areas of consolidation.
My plan is to hold them long term. No target. Diamond hands strategy.
