How much should the order amount be in quantitative trading ?First, you need to determine how your strategy calculates the order quantity, which can be based on:
1. Quantity of shares
2. Amount of money
3. Percentage
This article elaborates on the points of using "Fixed Order Amount" .
The amount of margin required for a trade depends on your risk tolerance.
Using "BOT | Trend" as an example,
In the backtested performance, a fixed "initial capital leveraged by 1x" is used as the order amount for each trade,
with a maximum drawdown of 25%, meaning the assets decrease by 25% from the "peak performance point" to the subsequent lowest point (1000 ➡️ 750).
Therefore, there are two key points to note here:
* The amount of margin required should consider “How much risk you can bear? ”
Assuming you currently have 1000 to operate "BOT | Trend," and you can tolerate a maximum loss of 500 (-50%), then the total amount of each trade (margin * leverage) can be set as 2000, and so on.
Example: Now you have 2000, and you can tolerate a maximum loss of 400 (-20%), then the total amount of each trade (margin * leverage) is 1600.
Practice: Now you have 5000, and you can tolerate a maximum loss of 2000 (-40%), then the total amount of each trade (margin * leverage) is ______ (Hint: What is 25% of 2000?).
* Timing to start running quantitative trading.
Running a "trend-following" quantitative trading strategy should not start during a continuous profitable period but rather when the strategy incurs losses (relative low point of equity). This is because for trend strategies, sideways market conditions can cause the strategy to go long at highs and short at lows, resulting in a depletion of funds during this period. Starting during a continuous profitable period is likely to encounter fund depletion right after entering because markets alternate between trending and ranging phases.
Answer: 8000
Automated
Importance of Comparing Automated Trading Strategies to Buy&HoldImportance of Comparing Automated Trading Strategies to Buy&Hold | 04/15/23
Recently, TradingView introduced a new backtesting feature that allows traders to compare their trading strategy to simple "buy and hold" strategies. This has proven to be very useful for our trading team and crypto community, especially when attempting to find the best settings for manual and automated trading scripts, such as our Ninja Signals V4 script, so we wanted to highlight this awesome new feature.
In this example, we used TradingView's new 'Compare to Buy & Hold' feature to compare our chosen configuration settings for our Ninja Signals V4 automated trading script and backtesting strategy. As you can see, our chosen settings have performed significnatly better than simple "buy and hold" strategies over the last several years (compare the green strategy profit line to the blue "buy and hold" profit line).
This new TradingView feature is very powerful, because it helps traders determine if a trading strategy is more or less profitable than simply buying and holding. Just because a trading strategy produces some profit does not mean that it is worth trading, especially if simple "buy and hold" strategies out-perform your chosen trading settings.
The settings used in this chart performed well even the recent bear market. As you can see in the strategy statistics, as "buy and hold" strategies were losing profit, the settings we used for our Ninja Signals V4 trading script were actually gaining profit. This new TradingView tool improves our ability to find good settings for both manual and automated trading strategies, and gives additional confirmation that profitable trading settings are better than simple "buy and hold" strategies.
Furthermore, the settings we used in this chart have compounding turned off, meaning each trade is the same order size, without any reinvesting of profits. Even as our trading fund grows from this profitable trading strategy, we continue to simply place orders for the same amount each time, rather than re-investing profits to trade larger and larger amounts (known as "compounding"). If compounding is turned on, profits grow much faster, but that is beyond the scope of this publication.
We will publish a separate educational idea in the future about the importance of comparing "compounding" vs "non-compounding" settings when backtesting, but for the purposes of this chart, we simply wanted to share that we were able to achieve significant profits, even in a bear market, and even with no compounding (no reinvesting of profits).
In conclusion, the new TradingView "Compare to Buy & Hold" backtesting feature gives traders a powerful new tool to find better settings for their chosen trading strategy, and additional confirmation and confidence that live trading will be successful. We thank the TradingView team for adding this powerful new feature!
HOW-TO: Accumulation StrategyIn this idea I will make an in-depth tutorial on how to use the Accumulation Strategy and how to automate it.
█ PRESENTATION
The strategy is in the form of an invite-only script providing backtesting and alerts.
Here is a link to the script page:
Goals
• Steady profits. Smalls profits over time and no drawdown as long as you don't sell in loss.
• Peace of mind. It is meant to be a "set it up once and let it run for a while" automated strategy.
• No loss. Never sell in loss.
Drawbacks
• Small profits. No leverage, just spot trading.
• Lengthy trades. Trades can take up to several days or even weeks in worst case scenario. We will see how to avoid that.
Strategy
• Use volatility. Take advantage of small waves in the market.
• Buy the dips. Use a combination of technical indicators to buy bottoms or oversold prices.
• Accumulation. Buy small amounts several times as price moves to better position yourself.
• Take profit from total volume. Sell everything once price is in profit at the configured percentage value.
█ BACKTESTING
Backtesting is the process of creating a strategy.
Finding a good pair
• By Market Cap. Take a category you are comfortable with (DeFi, Metaverse, DAO, etc) then look at coins in the top 10 market cap.
• Volatility. The more volatile the coin is, the better.
• Ascending/Sideways trend. This is where the strategy will work the best. We will see just below how to filter off bear markets.
• Pick a timeframe. Usually from 5m to 30m, can be higher or lower. I look at the average bar, I like something around 0.5-1% bar height, the chart should not have too much noise, otherwise go higher timeframe. Though not too high, since we want to take advantage of the volatility.
Build your entries
You first have to create "entries" that will then end up being a buy signal, after passing through some optional filters.
• Entry settings
• Go Long/Go Short
The indicator allows to trade both sides of the market. In these examples, I will only go long-only for simplicity.
• Max active deals
This is the maximum consecutive buy signals allowed for the strategy. Example with 10: the strategy will buy up to 10 times until take profit is hit.
• Minimum bar delay between deals
Puts a minimum delay between each entry signal, in bars.
• Minimum price difference in % between deals
Sets a minimum price percentage between each entry signal. Leave at 0 to disable.
• STOCH & RSI entries
Creates entries when the RSI or STOCH crosses below a configurable value. The length and resolution of the oscillators are configurable.
• Other entries
Signals using some of my other custom indicators are BUILT-IN:
• Top & Bottoms
• Higher lows, Lower lows
• RSI Divergences
Entries are combined using a OR logical gate. I usually go with RSI and STOCH entries on higher timeframe using the resolution input, then add Top & Bottoms or Higher lows if I feel like it needs more entries.
Once you have chosen a combination of entries, let's move on to the filters.
• Trend Filter
You can pick a trendline from a list, usually a simple EMA 200 will do the trick. Using slope change or price cross, it will filter off entries if the market wave is bearish, thus avoiding taking risky trades.
• MTF Trend Filter
The same thing, but higher timeframe. It is used to filter with the market wave, meaning the more global trend. It is a good habit to combine the 2 trend lines to drastically reduce the risk. The Adaptive Tilson T3 is one of my favorites, combined with the CROSSOVER condition.
• RSI filter
Useful with entries other than RSI to filter overbought entries. Use a higher timeframe to filter more aggressively.
I would advice to use all 3 filters if you can. It will prevent getting into lengthy trades as we will see below.
Adjusting
• Backtest parameters
First you should go to the backtest parameters tab. Here is what is used in this example:
• Initial capital: 1000 €
• Order size: 100 € (the max deals is 10 here, total deals should not exceed initial capital)
• Pyramiding: 10 (the number of max deals)
• Commission: 0.075 % (Binance spot trading)
• Take Profit
Configure the take profit, in price %. I usually go with something from 1 to 4 %. In some cases, activating the trailing TP can be interesting.
• Backtest results
In addition to the strategy tester, the indicator has a backtest panel containing useful information. Here are some of it:
• Net Profit (% and fixed)
Useful to see how volatile a pair is compared to others.
• Avg # Bars in a deal
Average number of bars a trade can take to be completed. < 100 - great, > 100 - can be improved, > 200 - bad
• Avg # Days in a deal
Same information but in days.
• Max # days in a deal
Maximum number of days a trade took to be completed. < 30 - great, > 30 - can be improved, > 60 - bad
Example of settings that can be improved:
The Avg # bars and Max # Days in a deal are flashing red and orange. It means it can be improved.
By adding the 3 filters, increasing the stoch entries timeframe and reducing the take profit to 3%, we are getting a much more secure strategy:
All the settings are in green, we know that over 421 days, the maximum days a trade took is 13.78, and a trade takes 1 day in average.
█ AUTOMATION
When you subscribe on my website, you unlock access to the indicators but also an automation system for Binance.
The system is using the indicator alerts to automatically place orders on Binance using their SPOT Trading API. You can find a tutorial here .
Create a bot
The first step is to create a bot for your strategy.
Make sure you have enough capital in your account for the strategy.
Set the order size/quantity with the same value as in the indicator backtest parameters.
Create the alert
I recommend to create one chart layout per strategy.
Once you are done setting up the indicator, set the alert messages. You will find the text fields at the bottom of the indicator input settings.
You will typically need to fill "Long Entry" with the buy message, and "Long Take Profit" with the sell message.
Once you have done that, save your chart.
Click add alert on the indicator.
Select the condition "Alert() function calls only".
Tick "Webhook URL" and set the URL. It can be the one from my bot system or if you use another bot system with webhooks it will work too.
Give your alert a name and click create.
Make sure the alert is created in the alert tab.
The alert will save the indicator, settings and timeframe at the moment you create it. If you decide to change an indicator setting, you must remake the alert.
Fees
If you trade on Binance, I recommend to enable BNB Spot trading fees, and always have a few BNB on your account to pay for the fees.
That way, you can use a sell 100% quantity order without needing to take fees into account, unless you are using the strategy to trade BNB. In this case, use something like sell 99% in your sell message.
Supervise
Once your strategy is running, you can supervise it in the strategy tester in real time, in the alert logs and in the bot logs.
═════════════════════════════════════════════════════════════════════════
█ SCRIPT ACCESS
Indicator and automation tools access can be purchased on my website. The link is in my signature below.
█ SAMPLE USE CASES
I will update this HOW-TO idea whenever I backtest a new pair, sharing the configuration and a link to a shared chart that you can copy and edit yourself.
Example on MANA/USDT:
Link to the chart: www.tradingview.com
Thanks for reading. More to come below.
Automating strategies keeps me sane 😊Running a strategy with a proven edge has me comfortable mentally on how a trade plays out, Be it a stop out or a take profit target met.
Also automating those proven strategies and just letting them be helped with my mental state as a trader.
Trade alerted 17:45 this afternoon and has been close once to TP.
I didn't know this I was in the garden enjoying the late summer sun that has bestowed the UK this week 🌞
Once upon a time watching the charts would of had me thinking of closing to soon and then filling with regret as the retrace occurs that I didn't close.
Only reason to look at chart tonight was a quick mid week review of trades and this trade is one of my open ones.
Trade details are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
The current open trade still might not hip TP but I'm not allowing emotions to play a part I let the objective based plan play out.
Previous trades shown on chart from the last two days.
Trade history can be seen at the foot of this trade idea too for full transparency.
These are year to date stats.
How do you as traders journal your trades I'm intrigued to know?
Having back test capability and a trade log which is possible through TradingView pine script saves me hours in manually logging trades as well as manually back testing.
Having that level of data allows me to know I'm running a proven strategy and that I have an edge.
The next key bit to staying sane/stress free and one of the best pieces of advice I could give as a trader is use technology available to your advantage.
Trading shouldn't consume every spare minute. Most of us do this to escape the 9-5 so don't spend hours at charts unnecessarily.
Not spending hours at charts is why I haven't shared all these trades on this pair and when this current one alerted.
If your reading this tonight let this sink in I've only looked at this chart once this week when I shared my last idea yesterday on the pair in question.
There has been three trades since then and I'm only just looking now!
Take it from me find a strategy that works and then automate that strategy.
Your mental health and well being will be the winner in the long run along with healthy account gains.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
Retail gamblers found the holy grail... To be a rogue trader!I just had a little look into "robots". I've known from reading some of the BIS reports that Forex quants mostly vanished after 2008.
But I wanted to go on these FX retail sites that are heavy in the "automated" very short term "trading", which is not actually day trading as they run these programs 24/24 there is no "end of the day so let's stay out of the market for 2/3 of the time to compound profits faster" 😄
Here is how I expect an exchange with an "automated" day gambler would go:
My day gambling strategy works muahahaha it does well on backtest for 1 years.
Me: "That's simply because the pair you tested it on has been trending for 1 year you numbskull"
Well you just have to apply it in the right conditions!
Me: "With your crystal ball? If you know what they are, why not just manually take 1 trade?"
Aha! Because of the power of compounding! Rather than risk 1% to make 5% I will make 2% 25 times.
Me: "Your brain on holiday? Forgot you would also compound spread costs and losses?"
Well forget it, if you rly zoom in and can't see anything it looks magical! Doesn't depend on the 1 year trend!
Me: "Then it depends on the 1 month trend?"
No! no matter what you say I have an idiotic answer!
Usually starts with "You just have to"!
I'll throw idiotic answers at you until you get bored and give up on me because I am hopeless!
Me: "Well done I give up" "Thanks for the laugh though" 😂
Take a good friend of mine, UDNCNY:
I can tell you for a fact that an "automated strategy" of the kind I am going to describe would work. Don't even need to backtest it.
The strategy is as follow: Take about any indicator (RSI, Bollinger Bands, etc). When the price goes down (< 30 RSI or lower band) then goes back up to the middle (RSI 50 or center of Bollingers) you sell. And of course the same on the opposite with buying.
Yes that strategy would work, we can quickly eyeball it:
In practice this is not even what they do. A risk-to-reward ratio as enormous as puny 1-to-1.8? That's like 1% of retail. Never!
What they do is have super distant stops, or no stops. And quickly by looking at USDCNY you understand how they can win.
Shorts at a loss are all in a pullback, and the price never goes very far, so by just waiting they will turn into winners at some point.
In my example which wasn't the best part of the USDCNY trend, there are 6 short signals, and 3 longs.
The longs that are not winners quickly, will "never" recover so they'll take a loss on a far away stop here.
But some longs are winners, and most to all shorts are winners, the smaller the reward and bigger distance the stop is, the close to 100% winrate it gets on shorts.
To sum up, with their ridiculous high winrate strategies applied in the right conditions:
- The vast majority of trades are going to be winners no matter what
- Maybe 1/3 of the losers are in the wrong direction and will be big bags
- Maybe 2/3 of the "losers" are in the correct direction and eventually will recover
These troll retail gamblers are zooming in a flower to the molecule level and wondering why it suddenly went invisible. Must be magic!
They have no clue. There is an insect on the flower, that's why you can't see the flower molecule anymore you numbskull.
This indicator strategy I mentioned works on a trend, how about a nice thick really gross sideways?
Constantly stopped! But have no worries for the retail gamblers have a trick up their sleeve!
With a very wide stop such as the risk is 20 times the size of the reward you will keep winning! Hurrah! Martingale!
And then it will start trending in the wrong direction and the clowns will get wiped out.
And I can assure you, this happens more often than 1 in 20 times 🙂
Now we are getting to my favorite part: The holy grail in the title.
I went to myfxbook take a look at system. By default they show you only the ones with positive returns, and many of those are very recent.
No no no no no. let me change that filter to at least 1 year of activity, and any returns.
What's this? More than half show red returns? Oh my that's a lot of -99% 🙂
Most people quit before getting to -99.
How about I pick one of the "winners"? Weird, why are their open trades private?
Another one. Private. Another. Private. And another, private again!
Oh I found one! TrumpBot. Interesting, that's a lot of red sir.
70 open trades, almost all in the red. USDCAD, EURUSD, USDJPY.
All EURUSD are sells, and all the ones ones are buys.
He took plenty of short term trades (well long term now as he's been holding the bag for a while) LONG on the USDOLLAR. Oh no!
Remember USDCNH? Well these bags go back to early in the USD downtrend. He's been holding for nearly a year 🙂
L - O - S - E - R
Just takes 1 L to wipe out these clowns. They can hack some site to make losses vanish, and obviously the dum dums that buy these kinds of systems are too lazy to really do their research so they never notice it, but if it's real money IT'S REALLY GONE.
There are some guys that have been struggling to make money for 20 years and have sold robots for 10.
Is it cruel if I... roll myself on the floor while I laugh to tears? 🤣
What about all these "private" systems? They're holding bags too?
There is a name for this. It starts with an F. And ends with raud.
It is the rogue traders specialty.
They do a bit more (pros), call them "hedges", manipulate accounting for example,
take opposite positions to cut their losses while keeping them secret (unrealized)...
Here is a regulator release on famous Karen Bruton, known as "the supertrader".
She was made famous by Tom Sosnoff that had her appear on his show.
The SEC fined her and a partner to over a million dollar. She lost way more than that. No jail.
www.sec.gov
Tom Sosnoff is a market maker from the 80s that created a popular trading platform that he sold,
and now teaches people to sell option spreads. With no edge or risk it will return little money, like 1%.
Karen the Supertrader got superresults by leveraging that strat. Which causes it to LOSE money.
Looks like Karen couldn't figure out high school level maths, nowadays this got to be 2nd uni year,
the levels has collapsed it's amazing, my sister aiming for med school doesn't even HAVE math classes
since 16 year old, science with no maths, genius government.
"But kids don't like it", ye so let's make them even dumber than they already are!
Yes but Karen convinced investors, and even Tom Sosnoff and his colleagues, that she made money!
Ye, just like all the myfxbook trolls. She never closed the losers.
Plenty of realized gains, and much larger unrealized losses. Pathetic.
And the flip side?
Warren Buffett has held unrealized gains on Coca-Cola since 1987.
Never held losses very long. Ever. Some uni nerd looked at it.
We know because he has to report all positions.
Losers (and crooks) hold losers. Winners hold winners. That simple.
Why using automated trading? #1There are a couple of reasons why to use automated trading, like better risk management, human error, easier to diversify, and Psychology
In this post, the focus is on psychology.
Here are some of the cognitive biases that affect trading:
Loss aversion - the tendency to prefer avoiding losses to acquiring equivalent gains. It feels much worse losing $100 than the joy from earning $100.
(A huge topic, the researchers got the Nobel prize for this)
Sunk cost - the tendency to treat money that already has been committed or spent as more valuable than money that may be spent in the future.
In trading, this effect with loss aversion making people not cut their losses. When we enter a trade we know that a loss can happen, if the losses are not cut the rest of the money in the account can be lost too.
The disposition effect - is an anomaly discovered in behavioral finance. It relates to the tendency of investors to sell assets that have increased in value while keeping assets that have dropped in value. Traders tend to lock in gains and ride losses.
Recency bias - a cognitive bias that favors recent events over historic ones, in trading, a streak of losses can demoralize a trader even if he had a good run for a long time.
I don't know of a system that works 100% of the time.
There are more psychological effects, but those are the main ones.
Using automated trading, allows traders to reduce these effects on trading because the stocks are chosen in advance, the risk is defined, the entry and exit are calculated and executed by the algorithm (Unless rare events are happening).
In the past, I was sometimes afraid of entering a good trade or cut my loss quickly, due to these effects and wishful thinking that the price will do what I want.
HOW TO GRID TRADE: Keys To Your Lamborghini (A to Z Tutorial)Science Has Proven That Reading This Education Post Will Either Put You To Sleep or Put You On Your Path To That Lamborghini.
Let's Start From The Beginning... (Print this entire tutorial as a reference)
WHAT IS GRID TRADING?
Grid trading is a type of trading, typically managed by a dedicated Grid Bot.
In a nutshell, you select a range, you divide your range into equally spaced buy/sell grids (like trip wires, sorta).
As prices zigzag up and down, your “trip wires” trigger buys and sells catching profits for you incrementally all along the way!
If you start your grid as the market ranges sideways (which is 70% of the time) or when it is in a gradual upward ranging trend (15% of the time) then you are going to make money most of the time.
Your goal in grid trading is to have price zigzag within your grid range as long as possible with a price exit from your grid out the top.
About 15% of the time the market will ranging downwards but worry not, many times even if price exits the bottom of your grid, you may still earn a profit or at worst, have a minimal loss.
Grid Trading requires far less skill and less management than most other types of trading -PLUS- it has far less risk.
Many grid traders make better returns from grid trading than they do with any other trading strategy.
Can you lose money grid trading? YES, but with a little knowledge losing money is hard. A consistent grid trader is a winning trader.
BIGGEST BENEFITS OF GRID TRADING?
It reduces your addiction to chart watching.
It allows you time to eat, sleep drink and be merry.
It allows you to exploit trading opportunities around the clock
It allows you to manage your risks without emotions
It allows you to follow a predefined trading pattern that often beats the ROI (Return on Investment) you're getting from other hands-on trading strategies.
It allows you to trade with less concern about price direction.
It may be a faster way to that Lamborghini everyone is always talking about!
WHAT DO YOU TRADE EXACTLY?
You may trade any cryptocurrency pair. For example, if you have QUOTE currency in USD (or USDT) you would use that to buy a BASE currency (like BTC) within your grid range.
It all starts with an initial investment to get the ball rolling
Then your BOT will buy or sell an equal amount at each grid line
Buy and sell gridline "hits" are replaced with new limit orders gridline-by-gridline as you go along.
Buy and Sell fees are whatever your selected exchange charges (over 25 exchanges are available).
HOW DO YOU EXIT OR QUIT A GRID
If prices exit out the top, you take your money and run! 100% profit.
If prices exit out the bottom, give yourself a little wiggle room but you can pre-set a stoploss. Sometimes your earlier grid gains will equal or exceed any loss your stoploss might incur... like magic!
Many grid traders only trade assets they don't mind holding (like BTC or ETH) and thus never use a stoploss.
Remember: It is far better to take a smaller loss and move your grid to a new range than to get stuck in a coin you do not want to hold.
HOW MONEY DO I NEED TO GRID TRADE?
$100 would be a good start on the lower end.
$1000 (or more) would allow you to run multiple grids simultaneously (which is a good idea).
Regardless, you must follow good money management rules and avoid over investing in any one grid. 5% max of your investment capital per grid and never more than 50% of your capital across all grids will keep you in the game so you can maximize your profits.
Remember, the Wright Brothers were NOT shooting for the moon at Kitty Hawk. They merely want to get off the ground!
10 REASONS MOST TRADERS ARE NOT GRID TRADING?
1) It's a macho thing.
2) It seems too easy.
3) It seems too good to be true.
4) They've never heard of it.
5) They don't know how to automate the strategy.
6) They love watching charts all day, drawing and re-drawing their Elliot Waves.
7) They paid big money for a signal service and are waiting for the big winning signal.
8) They are waiting to catch the next blast off TO THE MOON!
9) They tried umpteen other strategies and are now flat broke.
10) They thought grids were a side dish often served with bacon and eggs.
12 QUICK TIPS FOR STARTING
1) Open a grid bot account to assist with your automation requirements.
2) Connect your bot to your preferred exchange.
3) Start with a cryptocurrency you trust (BTC , ETH or a top 10 coin) . Something you'd be ok holding (HODL) if worse came to worse.
4) Wait for a market where you expect or anticipate sideways or slowly upward ranging price action. Use my indicators to help you nail winning grid areas.
5) Keep your total grid range (lowest grid to highest grid) within 4% to 8%.
6) Select a grid count that renders your grid spacing (distance between each grid line) to a space comparable to typical zigzags you see in recent price action. Typically a .5% to .6% spacing between gridlines (as measured on your Tradingview chart) is a good place to start.
7) After your settings are enter in your bot, click the BACKTEST button. Double check settings, make tweaks, backtest again until you are happy.
8) Invest MINIMALLY on your first few bots (say $100 or something you can afford to lose) . Think of your first grid bot as a "learning experience."
9) Set a stoploss below your grid (there is a setting within the bot for this). If you don't mind holding the coin if prices temporarily drop, then you can forego a stoploss.
10) Don't dream of riches, instead anticipate all goes well and you get a rather healthy ROI (better than a bank and perhaps better than your trading results/ROI using other non-grid strategies).
11) If your first bot does not go well (worry not, remember the first time you tried to ride a bicycle?) . Review what happened and try again. 3%, 5%, 8% gains might be just around the corner. Many people following my strategies are achieving 20% or more in gains over average 3 to 20 day periods.
12) Give your bot time to "do its magic" (perhaps 3 days, a week or longer) ... as long as prices are within your range, you can leave your grid up and running. Move your grid if price range changes.
HOW DO I LEARN MORE?
1) Review my related IDEAS and TUTORIALS (linked below)
3) Explore my GRID INDICATORS (linked Below)
HOW DO I AUTOMATE MY GRID STRATEGY?
Explore further help and links at the bottom of this tutorial.
PLEASE HIT THE LIKE BUTTON (and follow me... lots of great stuff in the works!)
As always, I appreciate your support. Please share with others.
ENJOY!
Dan Hollings
Master Crypto Grid Trader
Please Explore My Other Indicators, Scripts, Grids and Educational Ideas.
@ DanHollings on Tradingview.