Extreme price volatility on FTX
This might be the most lucrative idea I ever posted on tradingview. Some exchanges like FTX have realy strange spikes in candles, these happen in a matter of minutes. One can speculate that exchanges use these to liquidate people out of their futures positions (spoofing?). The point of taking advantage of them is that they can result in 5% + profit in 1 minute which is unheard of.
The basic strategy is to for example short when a 1 minute candle reaches 5% increase which should not happen in 1 minute. In the chart screen you can see some tools I coded for myself to be able to send signals on these 1 minute charts to a robot to buy at these levels. The important thing is that these happen instantly a human will not be able to profit from these spikes as he is not fast enough in putting an order. The difficulty I still have is that my webhook could be too slow it would be much better to already have the limit order open and to have it change every minute to the desired price. If anyone can help me figure this last part out it would be greatly appreciated.
The only reason this chart is on 15 minute chart is because tradingview does not allow me to post 3 minute charts.
The basic strategy is to for example short when a 1 minute candle reaches 5% increase which should not happen in 1 minute. In the chart screen you can see some tools I coded for myself to be able to send signals on these 1 minute charts to a robot to buy at these levels. The important thing is that these happen instantly a human will not be able to profit from these spikes as he is not fast enough in putting an order. The difficulty I still have is that my webhook could be too slow it would be much better to already have the limit order open and to have it change every minute to the desired price. If anyone can help me figure this last part out it would be greatly appreciated.
The only reason this chart is on 15 minute chart is because tradingview does not allow me to post 3 minute charts.
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Website —> honestalgo.com
Website —> honestalgo.com
Website —> honestalgo.com
FREE telegram channel —> t.me/honestalgo
Website —> honestalgo.com
Website —> honestalgo.com
Website —> honestalgo.com
FREE telegram channel —> t.me/honestalgo
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