Today I'm sharing two applications of my strategy on AMPL-PERP.
AMPL is designed to algorithmically revert to a pre-determined price. The protocol achieves this by rebasing supply at 2AM UTC each day. It goes without saying, much kudos is due to the innovative team behind the protocol, which of course you can read about on their website.
The price reversion mechanism forms the basis of this trading strategy by effectively giving the trader an edge in enhanced certainty of price objective.
On the chart we note the price target and the expansion and contraction levels, plus the rebase times.
We use a comparison pair such as ETH-PERP as the driver of price swings.
Then we trade the price swings around the price target level enjoying the benefit of the added certainty over the range limits and median reversion level.
We may also employ a market making grid strategy using the daily timeframe for low maintenance worry free automated trading.
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