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Any updates Aitor, how’s your strategy getting on? Have you made any changes or running the same strat?

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I see, that makes sense. How can i test out v4?

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Looks awesome Aitor. How come the PnL graph randomly spikes up sometimes, don’t think I’ve seen that before.

How can I use v4? I’d love to test it.

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Great results Aitor. The market’s been pretty rough these past few months, so it’s impressive that you’re still profitable during this period.

How do we go about getting a copy of V4? Would be interested in taking it for a test drive.

 

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[quote quote=10634]It could be used as a new variant. Other variants are focused on fast sells at lower %. They focus on close cycles as fast as possible as fast cycling = higher profits. I think that to force % up to 4% could slow down cycles a lot but it could be tried. [/quote]

That’s true, getting in and out quickly helps free up capital in downtrends as well which stops you from getting stuck near the top.

Do your profits include the CT sells below ABP? I know the PnL for stepgrid counts the sells below ABP as profit even though it’s used to lower ABP and isn’t actually true profit. Just wondering if SGA also does the same for your variants.

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Great results so far Aitor. How long does it take to close the average trade?

Appreciate this would probably need a custom script but would be interesting to see if high profits can be secured by having two gain levels for partial sells, i.e. sell 70% of bag at 2% TP and sell remaining 30% bag at 4% TP. The thought behind this is that in a lot of cases the price carries on climbing up after GB closes a cycle, so I wonder if two TP levels can capitalize on this?

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Any updates Aitor? Interested to know how V4 handled this mini-pullback.

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Nice log mega, a 23% return in 1 month is pretty impressive!

Out of interest:

1) How are you choosing your pairs? Are you manually screening them or using an auto-controller?

2) How often are you getting bagged on some of these mid-caps?

3) When you remove a trading pair, do you let it finish its cycle before removing it, or do you just stop trading it and hold it as a bag for manual sell later?

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[quote quote=10406]Hey GH, nice changes. I’m interested with the reduction of trading period, how it went the last couple days. Does it perform many more buys than before? Hopefully you got your GB sorted to be able to answer that.[/quote]

Hey @megadarv, I’m personally liking the 5min timeframe quite a lot, but mainly because I’m quite aggressive so it suits my trading style well. Keep in mind though that because the timeframe is smaller, the support and resistance levels will have a smaller spread (due to less candles) and so DCAs will generally burn through your funds quicker. I’ve got spare funds set aside that I can put in if I ever get fully bagged and need to manually DCA further, but so far I haven’t come close to needing to do this. Though one of the biggest reasons for this is because I only trade high-cap cryptos (e.g. BTC, ETH, ADA, DOT, SOL) so the drawdowns generally aren’t as big as they are for the small-caps which help make things more manageable. I wouldn’t recommend the 5min timeframe if you can’t cover all your DCA amounts nor would I recommend it for small-caps.

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Day 5 Update

Stats
Total profit: $170.64
Total running time: 5 days
Average profit per day: $34.12
Average DU across all current open orders: 4.9
Max DU across all current open orders: 11
Capital currently utilised (Bags in Base) as a percentage of total funds assigned to the bot: 25%

Screenshots:

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[quote quote=10406]Hey GH, nice changes. I’m interested with the reduction of trading period, how it went the last couple days. Does it perform many more buys than before? Hopefully you got your GB sorted to be able to answer that.[/quote]

I’m personally really liking the 5 minute trading period, but keep in mind that it’s much more aggressive than the 15 minute period and will usually burn through your wallet quicker as it definitely does place more buy orders. This is because the candles are finer compared (3 times as many candles) and so the support and resistance levels (hence grid buys/trailing ranges etc.) will usually be tighter.

My personal strategy is to use short trading periods, a moderate number of pairs (all of which I’m happy to hold in case of a dump, such as BTC, ETH, ADA, ENJ etc.), and smaller TLs. I know some people prefer fewer pairs with higher TLs, but I personally find that having more pairs with lower TLs works better for me as it results in steadier profits. Regardless of which route you go down, just make sure you have enough funds to cover all DCAs. If you decide to trade on a smaller timeframe, then it would also be useful to keep some funds in reserve ‘just in case’.

@Aitor and @javieralv – Really good job on this strat, the trailing ranges are doing a great job at catching the bottoms. A really big improvement over V2!

• This reply was modified 4 years, 5 months ago by GH.

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Thanks for the reply Aitor. I realised why it happened – it’s because yesterday morning Binance stopped API access for all non-KYC users, which includes me (https://www.binance.com/en/support/announcement/654c092a2a2347bdb5ccd6faa0c6c039). Because my API access was cut off, GB couldn’t place any DCA or CT orders.

I’ve switched my API over to a different account (which is KYC verified) and will restart GB and the strategy later today :)

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Day 3 Update

Stats
Total profit: $18.18
Total running time: 3 days
Average profit per day: $6.06
Average DU across all current open orders: 8.4
Max DU across all current open orders: 11
Capital currently utilised (Bags in Base) as a percentage of total funds assigned to the bot: 22%

Screenshots:

 

For some reason or the other, it seems that my gunbot is freezing up as it’s not making any additional CT orders even though it has in the past at the same prices. See examples below:

 

Probably due to the same error as above, gunbot hasn’t sold two of my positions even though they are more than 1.5% above the ABP. They constantly just show a “Grid Sell Trailing” line. but doesn’t actually fire an order. See example below:

I’m not sure why this is happening given that everything was working smoothly on Days 1 and 2. I have tried stopping and starting trading and restarting gunbot, but neither seems to do the trick. I will give it another 24hrs before fully reinstalling gunbot and resuming SG Mutation C5 on a fresh cycle for Day 5.

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Any updates ahmeisa? Interested to know how you’re getting on.

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[quote quote=10248] <noscript></noscript>[/quote]

The DCA entry points and CT selling points are looking fantastic! Really nice job on that as I don’t think you could have timed them much better tbh. I’m not sure if you’ve already tried it or if you already have a solution, but it could be interesting to combine CT with an overall trend checker and stochastic indicator. The overall trend checker would let you know when a movement is bottoming out (i.e. a good time to enter and not wait any longer) and the stochastic indicator could help find the best entry within that bottom. I’m sure you don’t need suggestions from me but I like bouncing ideas off other botters :p Regardless, looks like you’re making great progress on CT entry and exit points :clap:

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