Closing red deals is something that I rarely do manually.
I like to see let the bots trade by theirselves 99.9% of the time.
But there are some occasions where there might be a stronger case for exiting a deal in red.
For example, the more of these questions that you answer yes, the better idea is to consider adding funds:
- A deal that already filled all the safety orders. This by itself is not sufficient to decide to add funds. But is something that a...
2021-03-25 17:41:10 +0000 UTC
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TTP calls have been a big part of what this channel offers. They get constantly sold out and the feedback has been incredibly good.
I really enjoy the 1-2-1 communication. It helps me to understand better what people really expect from the channel and it's crucial to support and encourage collaboration, new ideas, and a stronger feeling of community.
In the last months many of you have requested to be able to speak to a moderator to get help with some very specific is...
2021-03-23 15:40:30 +0000 UTC
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What does it take to enter altcoin season? you first need to quit your daily job...sorry, I mean... you only need to outperform BTC for over 90 days.
If 75% of the Top 50 coins performed better than Bitcoin over the last season (90 days) it is Altcoin Season.
https://www.blockchaincenter.net/altcoin-season-index/
Las...
2021-03-23 12:21:47 +0000 UTC
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I'm reducing the price deviation of Petro and Glorinda:
- Petro: from back to 17% to 16%
- Glorinda: from 18% to 17%
I think it's time to make them a bit more aggressive. April's looking promising. This should increase the reward at the cost of an extra risk.
Conservatives bot master notice - you can keep it as it is if you want to stay in the safer side.
2021-03-22 20:12:12 +0000 UTC
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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 cond...
2021-03-19 17:36:01 +0000 UTC
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3Commas is rolling out a great new feature called "presets".
You can find it under DCA bots.
It showcases bots from all the people while making a strong emphasis on the past month performance.
Copying bots that did well during the past month without understanding what is the bot...
2021-03-19 15:27:12 +0000 UTC
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Currently I'm using the Announcements channel to provide updates during the day to Patreons.
In the past I was using Patreon posts. The problem is that each update will send you an email. And some days I need to make many announcements. This can become a bit too spammy for some users.
Of course people can disable emails from Patreon but then they risk missing important updates.
I tr...
2021-03-17 22:38:01 +0000 UTC
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2021-03-15 21:35:56 +0000 UTC
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I'm taking a big risk. I'm restarting some bots.
I'm making a small adjustment to 2 bots settings to account for the increased risk we're seeing in the market.
Bots I have switched ON with no adjustments
- Tondra
- Aleksandro
- Johano
- Mirinda
Bots I have switched ON, and adjusted the "Price deviation to open safety orders (% from initial order)" value
- Petro from 15% to 17%
- Glorinda from 16.5% to 18%...
2021-03-14 22:30:53 +0000 UTC
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2021-03-05 22:08:57 +0000 UTC
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For those based in the UK, the tax year is ending in April and we know we have to make sure we are ready for reporting taxes. Not fun.
If like me you:
1) live in a place that requires you to pay taxes for all your income from trading crypto (like UK and US among many others).
2) you constantly trade (or your bots) and don't have time to manually calculate the tax you have to pay.
Then Koinly is the way to go. There's a few alternatives but they lack behind Koinly...
2021-03-02 20:58:34 +0000 UTC
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Update: jozefo bot created replacing old link.
Not many people think it's a great idea to bet against BTC during a BTC bull run.
In fact we are not running any bot using BTC pairs since 2020.
This doesn't mean there's not a single opportunity here that we can explore.
Let's look at the following crypto screener filters on TradingView:
I'm running a new grid bot on BTC. I'm running it on GBP you can run it against any stable coin: USDT, USDC, etc. I'm not sure if we still have zero fees with GBP but I don't want to sell my GBP to USD now that it went down almost 2% in value...
Details
- Range in USD: 43K to 58K
- Grid levels: 15
Why?
Because ...
2021-02-25 21:37:07 +0000 UTC
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We know March is coming. February already gave us a sneak peak of what March tastes like most years. Bearish.
I personally believe 2021 is different. My hypothesis is 2021 is an overall bullish year. But that doesn't mean we won't see corrections.
Everybody talks about corrections but I strongly believe that NO ONE can forecast accurately the exact severity of price drops.
I'm personally feeling conservative for March and bullish for the rest of 2021. Let's look at these sta...
2021-02-25 15:58:09 +0000 UTC
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I'm now backtesting on multiple instruments the parrot poison signal.
Fine tuning signal should be consider an art, the art of printing money!
What have I've been up to with the Parrot Poison?
I'm no longer using static values, everything is now respecting the volatility of the markets . This can be achieved by introducing the use of ATR (average true range) in your parameters. More specifically the ATRP, which is nothing b...
2021-02-24 23:44:39 +0000 UTC
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If you compare with the P/L yesterday you can see where we are at now.
It's almost a V recovery. March tends to be a pretty bad month. I'm going to consider redistributing funds giving more to more conservative bots.
I would even increase the depth of SOs.
We can make some hypothesis like...BTC could dump to 50EMA, ADA/LINK/LTC/ even further and create a new set for March.
...
2021-02-24 10:50:50 +0000 UTC
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This week we saw some deals closing at lost even though they didn't use any stop loss.
I’m going to disable trailing take profit ASAP on the following bots and any of their open deals (especially if they are low liquidity tokens, low caps):
- Alessandro
- Johano
- Tondra
- Mirinda
You can find the official explanation below for some of the deals we saw closing at loss last week.
This manipulation shouldn’t...
2021-02-23 18:11:32 +0000 UTC
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2021-02-22 21:34:38 +0000 UTC
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Update 1: Sorry guys, TradingView moderator team has hidden my private pine scripts due to violating their rules. I'm not allowed to share private scripts that are based on common indicators unless I explain what is the added value they offer. Fair enough, be patient as the scripts were removed so I'll have to discuss with them how can I share them then.
Update 2: as an interim solution you can find the source dcode of the scripts in this page 2021-02-22 12:13:57 +0000 UTC
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1) Today I recorded a video: "fine tuning pine scripts".
I think I mentioned before I was keen to create a few videos a bit more technical.
I appreciate not all of you would be interested in learning to code in pine, that's fine but I thought you might find interesting to learn a bit more how do I work on my scripts, how do remove the false positives from my signals etc.
Ultimately a lot of that thinking is now running your trades, so I guess you should all care! ...
2021-02-21 21:07:14 +0000 UTC
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Gain some exposure to low-caps that are not available on the mainstream exchanges but with almost limitless upside potential.
For now I'm adding only a few tokens:
USDT_1INCH, USDT_FLOW, USDT_POLS, USDT_ZRX
You should do your own research. Many people would call these tokens shitty coins and many would say they have a high likelihood to 100X in 2021.
I have done my own research and feel ready to have "some exposure to them".
I'm investing 1...
2021-02-20 19:10:38 +0000 UTC
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I’m working on a new bot using the Huobi exchange and low cap tokens... we need to have this new bot running on low funds and ready until is the right time...low caps will follow after top ten as usual.
I have 5 low caps in mind, but I suggest you do some research and add your own ones too. Consider signing up soon for Huobi to get exposure to more than only the trendy obvious ones.
Yes, it’s more risk but in this channel there seems to be people with big risk appetite too.
2021-02-19 19:03:13 +0000 UTC
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One of the problems I found with the "parrot poison" signal that I've been working is that even though it fires precisely at the bottom of each dip this doesn't happen frequently enough: only once each two days per pair.
Test showed that all deals closed at profit and pretty quick, but not enough deals were open to make of this a great signal to use.
So I've been busy wor...
2021-02-19 10:42:54 +0000 UTC
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2021-02-16 18:11:05 +0000 UTC
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Hi please answer this quick poll to understand which exchanges are the most commonly used by all our patreons. Please make sure you answer so we understand how many people are affected by the limitations of tradingview, 3commas, and so we can work more effectively on solving the problems!
only include the ones you have been able to confirm that you can use, ideally only the ones you are already using successfully.
2021-02-15 21:36:26 +0000 UTC
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I woke up today. I was dreaming about an idea for a signal. It happens to everyone!
My wife wasn't very interested into chatting about this during Valentine's so I made a quick note in Google Keep.
A few hours ago I started coding the idea, and it looks great on paper.
Here's the idea
We love TP crawler, the indicator that is used by Petro.
It catches very frequent dips that are very easy to exit quickly at 5% more than 99.99% of the tim...
2021-02-14 22:39:15 +0000 UTC
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Funds increased only for:
Aleksandro (+100%)
Alt season for some is already here. The rest thinks it's just around the corner.
Aleksandro goes big on ALT coins...including all the low cap ones.
I'm personally doubling on Aleksandro. I might reduce this end of February. March is historically a bad month for crypto. It's a tough one because 2021 is not a typical year for crypto. BTC is trading almost at 50K and all that volume needs to eventually move into ...
2021-02-13 20:19:35 +0000 UTC
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Amika is a great bot (and Venka too).
It's bullish on the following pairs:
USDC_ADA, USDC_BCH, USDC_BNB, USDC_BTC, USDC_EOS, USDC_ETH, USDC_LTC, USDC_TRX, USDC_LINK
It's been doing great benefiting from the current bull run. Unfortunately it uses deal start condition settings that are not available for Binance.us users :
- Strong buy / Buy signal
- RSI7 signal
Can then this bot be ported 100% to Binance.US? ...
2021-02-13 18:41:53 +0000 UTC
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For those of you who couldn't join yesterday session here's the video :)
The video is unlisted on youtube so you need the link in order to view it.
All outcomes and actions we took were captured in this article:
https://www.patreon.com/posts/47339218
Pretty important that all Binance.us users catch up on all this content and if you have any questions or ideas on how to contribute to so...
2021-02-10 19:37:52 +0000 UTC
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As requested bots running and funding allocations this week.
Link to database
https://www.patreon.com/posts/trading-parrot-46284059
2021-02-10 16:06:42 +0000 UTC
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