Hello everybody. I am Jose Luis and for a week I have been with you in this SG Mutation project (excuse my English, I do not speak it and I am writing to you through Google translator). From today I will publish my weekly statistics to contribute my two cents in the hope that this project is successful and that the GB bot is profitable (I say this last because the only thing I have obtained for now is settlement of accounts). well greetings to all and good luck.
Strategy: SG Mutation C1
Numbers of pairs: 1
Trading Limit: 40
Date: 04/12 to 04/16
This first week the results seem rather poor. Waiting for them to improve next week. Happy weekend.
Thanks for sharing Jose Luis. It’s important to note that:
1- This strategy is showing us that it feeds from volatility and so far during the time we have been testing all the variants, the guys who added more volatile pairs got more trades and more profits. Just check this report made with the same strategy you are running:
2- Binance PNL can be very confusing as it’s just shows the value of your crypto assets stated in dollars. So even if you make profitable trades, it can show loses if BTC price dumped, so I think Gunbot PNL is definitely more accurate.
Good morning. As Aitor says, this strategy feeds on volatility and this week, volatility in percentage of the USDT / BTC pair has been low. I guess that will be the cause of the few operations that the bot has made during that period. Thinking as soon as the cycle closes, change the pair.
First week with the new pair, USDT / ETH. These are my numbers. At first glance, it is seen that it performs more operations than the USDT / BTC pair. I do not quite understand the behavior of the strategy, sometimes I see DCAs very often and at other times it takes a long time to perform those DCAs. To continue observing and analyzing.
Hi Patre, note that DCA points are dynamic and depend on several factors. Also Trailme affects a lot, and in some cases it can get much lower / better DCA points. Other important point to note is that the graphs are relative. What does it mean? It means that a graph ranging between 1000 and 900 will look the same in your Gunbot GUI than a graph ranging between 999 and 1000 as distances are relative. In the first case the bot will make a lot of trades taking advantage of a wide range (10%) and in the second case, despite you see a very swing chart, the volatility is very low.
I won’t define it as “trapped”, this is a scenario 4, a big dump. A big dump we knew it would happen, same way we had scenarios 1, 2 and 3. Now the bot is doing it’s job lowering average bought price. I just made a report and as you can see for me is just “another day in the office”:
After reading the report, I have no choice but to remove the word “trapped”, and consider that this is a probable situation and for which the bot has its management tools. Now waiting for the dump to recover soon and see how the new improvements work. Thank you