Hello,
I made this bot becouse of the idea to minimalize chance to overoptimalise
bot is prepared (optimalised) for ---------->>>> BINANCE:BTCUSDTPERP (5min)
SL: -
TP1: 1.0 %
TP2: 1.7 %
The way it works is simple, using two diffrent long or short conditions
which are define by " Autonomous Recursive Moving Average "
To minimalize chance to overoptimalized this bot, I tried to keep it as simple as I could
for this bot I use only 3 indicators,
like:
ADX - Is one of the most powerful and accurate trend indicators. ADX measures how strong a trend is, and can give valuable information on whether there is a potential trading opportunity.
SUPPORT and RESISTANCE - the idea behind this bot was to use support or resistance breakout
The core of this strategy is the support and resistance levels through the use of automatic detectors of these levels
in the bullish case, when the resistance is broken, the candle turns green
when bearish breakout appears, the candle turns maroon
The last one and the most important one is
Autonomous-Recursive-Moving-Avergae
The way how this bot working is simple, 5min is extremly qucik timeframes for bots, bot open new position only when ARA is moving, otherwise bot waiting, this method is super efficent in the quick scalpers like this bot
This is experimental bot, backtesting looks amazing , but keep in mind we dont have stop-loss in this bot, switch from long/short could hurt sometimes
Dont use any leverage for this bot,
I personally will use this bot with 1x, each entry takes 10% of my funds, this is how I set backtesting settings
Idea for this kind of bots is to bombard bitcoin with new position only in high confident situation. While signal is not strong, strategy will open lesser trades = less possible loss
I think this bot is realy worth trying ;)
.
.
.
.
.
.
.
.
Enjoy ;)