Strategy: SG Mutation C6 v3
Number of pairs: 4
Pairs: USDT-BTC, USDT-ETH, USDT-BNB, USDT UNI
Trading Limit: 100
Starting Date: From 19th April to 26th April (will continue)
I have been running SG Mutation C6 v3 and overall I’m happy with the performance and with the improvements from previous version. However it wasn’t the best week for testing as Binance made a maintenance and we all had to stop the bots, and the maintenance didn’t go as expected, and that caused Binance to be overloaded for almost 24 hours causing multiple buys / sells. They fixed it after making a second maintenance that forced us to stop the bots for some hours… again
Despite of this, so far I’m happy with the results:
Regarding the performance of the different coins: Bitcoin has been the one that had the worst performance by far. After a big drop, it stabilized in a very small range. We know this strategy feeds from volatility, and the results speak for themselves:
Some other interesting things I would like to mention:
1- I have added STOP_AFTER_NEXT_SALE tag to the override of pair USDT-BTC. That means that once USDT-BTC pair ends this cycle, it won’t start a new one. The number of trades and profits I got with other pairs has been much higher, so I decided to run other pairs.
2- This week we have gone through the Scenario 4 I talked about in this post:
I have seen some people getting super impatient and getting mad because the bot “got stuck”. Got stuck in this case means making trades at a lower pace and keep in the same cycle for more than 1 day.
In the pic above we see USDT-UNI graph. The price drop from highest point to lowest point was around 21%, and as you can see, the bot made a very good job lowering the average bought price DCAing and CTing. The yellow line shows the moment the bot existed the cycle with profit despite the big price drop.
3- BTC price dropped from around 64500 to 47000 aprox. That’s a 27% drop. After the drop the price stabilized for long time and the volatility was very low. That’s why this pair has performed worse than others this week. No volatility no party. Despite of this, the bot managed to lower the average bought price from 64500 to 57200 and at this moment it’s only 4,5% below break even price. So, what I am going to do? No drama, I will just wait and let the bot to continue doing its job and lowering average bought price and I’m quite sure it will eventually end closing the cycle with profit.
You know what? The most profitable trades are (almost) always made when closing a cycle after a big price drop:
Things are going good. As I said before, BTC had very low volatility last days and it affected the performance and number of trades of the pair USDT-BTC. Despite of that, the bot ended closing the cycle with profit, but I decided to change USDT-BTC pair for other one. Why? A pic is worth one thousand words:
Other pairs are doing very good. For example, let’s take a look to USDT-ETH:
Despite days 23, 24 and 25 have been heavily affected by Binance maintenances and server overload, it managed to make 111 trades with an average profit of 5,69$ and overall results for the first 12 days are very good:
Finally let’s see profit per day stats:
Last days have been very good. The bot is doing a good job grinding the charts. This is ETH graph of the last days:
More interesting info:
As I told you, I have removed USDT-BTC pair, so the profit I got with it is not measured in this report, but we can see the profit I got with the other coins:
So far the results and performance are very good. I’m testing a fix for a little bug I noticed since 24 hours . This bug only affects to v3 versions, but it’s not a big deal as even with it v3 is much better than v2 IMO. Hopefully I will be reporting soon the fix is working 100%.
On another note, I have created a new variant based on C6 but focused on being able to reach to deep DCAs with very low funds requirement. Its name is CB6 and it reduces funds requirement by 58% compared to C3, while C6’s reduction is around 39%.
Quick update. Things going good. BNB ends cycle with profit:
UNI got stuck for a few days after a big drop, but finally DCAs and CTs managed to lower the average bought price and exist with profit. One more time we see that reaching to deeper DCAs means higher profit when closing the cycle. In this case I got a +55,61$ profit.