Bipoon
BTCUSD Sell (hybrid algotrading)Trade #5
1) Hydrogen generated SELL signal @9112 (trade was opened at this price automatically by Bipoon bot).
Personally I don't like this trade because I don't see where to put TP and SL to have appropriate RR. But have to follow initial trading strategy (always open trade when signal appears).
2) TP - 8810
p.s. Trade #4 (BUY @9165) is still active . I don't agree with bot at this point and don't see trend reversal. Thus, I'll keep the Trade #4 opened.
BTCUSD Sell (hybrid algotrading)Trade #3
1) Hydrogen generated SELL signal @8120. The trade was opened at this price automatically by Bipoon bot.
2) TP - 7851
p.s. Trade #2 is still active. Despite sell signal I decided not to close it.
I'll always open a new trade when Hydrogen generates new signal but will think on my own when and how to close it.
The issue I'm anticipating regarding this hybrid approach to trading is the increase in the quantity of active trades. And that's not good. Probably will hold no more than 4 open trades at a time. When the new signal appears I'll close the earliest opened (FIFO method) or skip generated. Have to think it over. Any ideas??
Bitcoin hybrid (semi-auto) algotrading experimentBitcoin algotrading experiment:
Over a year ago I began to closely watch signals of an algorithm (not mine, took it from Bipoon platform) on Bitcoin and some major alts such as eth, ltc, xmr and zec. It was kind of manual front-test without real trading. In majority of entries results where pretty decent.
Now I want to run a real-trading experiment using this algo (let’s call it “Hydrogen”) and trade BTC/USD:
- Open trade – automated (using Hydrogen’s BUY/SELL signal)
- Close trade – manually (Take Profit – 3-7% depending on market volatility, SL – depending on market conditions)
- Hydrogen usually generates 2-5 signals/week
Few goals of this experiment:
1) Will this approach using both auto- and manual trading bring some decent profit over statistically significant amount of trades and time? If Yes, so what’s ROI in %?
2) Will Hydrogen and I beat HODL strategy?
3) Hybrid trading mode (auto- and manual) vs Fully-automated trading
I’ll post BUY/SELL signals and my manual exits here. You are welcome to use them anyway you like but be cautious because it’s still an experiment ;)
P.S. If you have any ideas/suggestions feel free to leave them,
Hydrogen+SaltSugar
BTCUSD Buy (hybrid algotrading)1) Hydrogen generated BUY signal @7918. The trade was opened at this price automatically by bot.
2) TP - 8295
p.s. Sometimes will post a trade a little bit later after a bot enters its position.
And that's the nice part of bot trading. No need to wait for the signal/alarm :)