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Difficult decisions The bot signalled a double confirmation long on SGDJPY but looking at the chart I have my doubts. USDJPY is clearly the stronger of the two and has moved back above the inflection level, where as SGD is looking weaker after falling below INF and showing some bearish price action. Interestingly however USDJPY didn't signal from the bot, so the difficult decision is to trust the bot and enter SGD or go without a clear signal and buy USD? Neither trade really fits into my playbook, so I'm sitting on my hands for now.
by RuckSack
1. Bots for everybodyHello there! My name is Vlad I want to share my opinion regarding Pine bots. First of all I would like to inform - I do not believe in "Universal the best bot for every case". A lot of people agree with me, and here are few points of it: 1. Cryptocurrency market - not a robot, it is filled by real people. In this case you cannot predict their behaviour, but if you think you can - you shall loose your money faster than anyone else. Please remember - no one could predict crypto price movement more than with 60% successful trade deals. If You see somebody, who does better - check his activities once again before believe him ,probably this person tries to two-times you. 2. There is no bot can trade successfully only. There will be a lot of days/months every bot will lose you money.  3. Do not believe in any promise like "This bot is the best, You have to buy only and wait for your money! Just buy this program and enjoy your first million!" If you see that - just run out of it as fast as you can! Your money is at risk and you will pay twice - first for bot, second for trading. After all this notices it seems we can start. In this topic we will discuss what trading bot is and how and why it works. Every trading bot is nothing but written script with its behaviour. It fully depends on inputting data and outputting data(strange, isn't it?). but it is true and constant thing you should remember. No matter where this bot has been run - on your computer with a strong internet or on cloud(true for not-arbitrage only). Every bot takes information, process the data and return some value( to buy , for example). There is no universal bot which can be so adaptive to market to be able change its script fast and successfully and trade profitably all the time. I will describe the ML bots later, but notice -  it will be controversial topic 100%(HOLLYWAR!!!). First thing first. In this topic you will not find any information about arbitrage-bots. Lets have a look at two kinds of bots( in my opinion): 1. For short term trading 2. For long term trading Let's take a closer look at the first one. In this case we are trading inside one day(max one week). This case bots generally always use stop limits, always close position after the conditions are met. It does not keep a lot of open orders and positions and does not need huge capital to start with. Example - A bot gets: Input information - supertrend indicator(0 if red, 1 if green) Output - make an limit order for buy short(if supertrend red) and reverse to long(green). Inside the script could be a lot of different conditions like if, while, counts and values that makes the script choose when it should open the order and when should close. But in all the cases - it looks like that. Nothing else. The complexity of the script determines the rules for entering an order or, and is a reflection of the finished idea (trading strategy). The bot "in vacuum" does nothing but reflects the idea of the author of strategy. How can we see the success bot depends the most on strategy. Of course it is important to have the great cod inside bot, but without good strategy - it costs nothing. In the next post we will take closer look at long term bot trading and figure out what trading automatization is. Thanks for attention, Vlad.
Education
by Arivadis
Cross-Exchange Crypto Arbitrages Opportunities AnalysisDue to the inefficiency that still exist within the new crypto industry, large arbitrages exist especially during periods of volatility . Presenting risk-minimal trading opportunities for individuals, sometimes without the need to hold the token/crypto asset for very long at all. Trading-view did not allow me to share less then 15min timeframe chart, but to analysis arbitrages you need a much smaller time-frame, for example as i examine in 1 minute time-frames below: The first chart show the price differences between different exchanges for the same asset (easy enough for anyone to setup, just subtract price on one exchange from the price on another for the same token pair). Whilst the second chart shows a small circle / dot whenever an arbitrage of more then 1% opportunity occurs, with the y-axis showing the percentage differences (or gains to be made) from that pairing. If that difference is greater than set 'min_profitability' a label will also pop up with showing which exchange to BUY (or LONG) and which exchange to SELL (or SHORT) the asset to gain this arbitrage profit (eg. >1% - fee's). The labels will remain as long as thats the most recent opportunities for those exchanges, and disappear when a new opportunity arises on that exchange pairing. To take advantage of this tool: 1. Setup custom charts like i did. And then your 'var' set, go to 'settings' and it gives you options; where you put the name of different exchanges you would like to use (followed by a ":") and then whatever crypto asset(pairing) you want to trade. Eg. in this example i have put BINANCE:LUNABUSD as the first option, KUCOIN:LUNAUSDT , etc.. but you could pick lots of different ones, looking for whatever has good patterns and sufficient liquidity. My tips: i first go to crypto screener: ( www.tradingview.com ), and sort out based on certain criteria, including '24 hour trade volume' > X amount, Volatility > X% amount etc, looking for pairs that have high volatility (means will have lot more arbitrage opportunities) and the exchange/pair have sufficient trade volume & liquidity to allow for high frequency and high enough volume trades to occur. At the time of posting this, OKCOIN:LUNCUSD , COINBASE:OMGUSD , BINANCE:THETAUSDT , BINANCE:GMTUSDT are other examples that have very high volatility. Even INDEX:BTCUSD showed some high volatility this week, and as such would be suitable. 2. Then you can do one of three things here: Option (a) Bot-trading : to analysis opportunities for using a arbitrage bot find the pair with the best pulsating or radio frequency look. Or in other words an exchange and crypto pair that has a good high frequency pulse (the blue in this example as such is the best exchange pairs). Also not necessarily want the pair with highest arbitrage as you need a pairing that moves above and below the 0 (zero-line) frequently, so it can do lot of trades both ways for example Exchange A > Exchange B (A.BUY > B.SELL) and then (A.SELL >N.BUY), to keep rebalancing the portfolio or holdings of crypto asset or stable-coin in the exchanges so trades can keep occurring frequently and arbitrage profits can be realised. Then you can also examine the pulses and find at what percentage the pulses 'candles' tends to cross or hit above/below the most frequent (or is the most profitable on analysis over a 24hour window) to config your bot. In this case the green lines the blue one tends to hit frequently, so as such this would be the min profitability config i set for the bot on this exchange pairing. This strategy might hold more risk as need to hold both currencies on all exchanges to do it. This approach could also be done manually, if doing it manually set up ALERTS for whenever the dots occur (arbitrage opportunities) which will signal a notification on your tradingview app (computer and/or phone) informing you what trades to make and then do those. Option (b) Manually Transfer Between Exchanges: the method that Sam Bankman-Fried first got rich and famous for doing with his Alameda Research company before he founded FTX ( finance.yahoo.com ). To do this strategy look for the one with the big arbitrages that hold for a long-time, and manually buy the crypto on exchange 1 (↑) that is the lowest, and then transfer it over manually to sell it on exchange 2 (↓). On this one example, an arbitrage between HUOBI:LUNAUSDT & BINANCE:LUNABUSD of 12.5% occurred today and it has also held up that arbitrage (>2%) for most of the day. If more then one pair is in arbitrage, then you can repeat across a 3rd exchange, before coming over to the first exchange again. This way you balance out all your assets (across the exchanges) back to where they were to start with. Make sure to pick ones that hold their arbitrage for a long-time, so have time to buy, transfer, and sell, then withdraw Fiat or stable-coin back, and exchanges that allow easy withdrawals. Try pick exchanges that have the same bank, or even use the same bank as you do, so withdrawals back to your bank are fast / near instantaneous. The purple in this example is following similar pattern to the KimChi and Japan premiums that Sam Bankman-Fried took advantage of actually, as that is Huobi exchange (a Chinese exchange) which tends to show differences due to different peak trade (liquidity) periods compared to exchanges with Americans and European trading during different time-zones. Option (c) Derivative Hedge: : probably has the lowest risk. Here to use derivatives or perpetual contracts, and go LONG on the cheaper exchange and go SHORT on the higher priced exchange, so no cross-exchange transfers of assets are needed to re-balance your portfolio across the exchanges, and there is no need to hold onto a possibly risky/highly volatile asset neither. So for this example pick the purple one and then wait until the arbitrage stops, or the difference between the two exchanges comes back near to 0, which you can see on the chart, and then close the positions and thus making the arbitrage gains, and closing off to not hold any crypto. And wait until the peak arbitrage occurs again to open up the two positions again. A hybrid of this can be utilised to minimise your risk in Option (b) to, so open up a SHORT hedge on the exchange once you BUY that crypto and keep that SHORT open until you manage to SELL and withdraw on the other exchange so that you don't risk loses from a sudden price movements of the underlying asset. Developed by Shane (Laowai Koala on Hummingbot's Discord): Im a sports physiotherapist and Masters in Data Analytics university student (not at all a financial expert), whom is just practicing some coding and data science skills. Still learning, and trying hypothesis out to make easier for anyone. As such this is just opinions and not financial advise, and also may have some bugs in the indicator script code i still need to improve or fix up before its open source (patience is a virtue).
L
by sufficientSucc98523
Expected Key Points ETH 11 May 2022ETH 11 May 2022 The current implied volatility is at 81.61%/year So that converted into daily is 5.14% The opening price was on 30970 So based on that our TOP 2460 BOT 2220 This channel has a 82.4% change to sustain based on the last 290 candles At the same time with 80.3% we can affirm that the price is going to be above TOP 2377 BOT 2303 From fundamental point, today we have CPI release and this marks a huge volatility moment From volume point, current POC is around 2375 We can expect now with close to 65% that the market is going to end up between TOP 2375-2460 BOT 2305-2220
INDEX:ETHUSD
by exlux
Weekly Prediction 9-13 May GoogleGoogle 9 - 13 May The weekly VXGOG-> Volatility Index for Google Implied = 40.95 In this we have to standard it for weekly session 40.95 / sqrt(52-> 52 weeks in a year) = 5.68% My historical product is telling me with 1x coficient that the expected movement for this week E Volatility = 41.19 / sqrt(52) = 5.71% With this data, from my calculations, when EV > VIX, there were a 83.3% chance that the market stay within the bottom and top created with the ranged from the E Vol So for next week this range for us is going to be TOP - 2447 BOT - 2183
NASDAQ:GOOGL
by exlux
pollenbee A TradingBot that gives you BuyANDSell ButtonsHello, I understand this may go against policy but I believe this tool will help the community greatly. This will give anyone who wants to trade at HighFrequencies that ability. This would aid the community of traders to help make them better by being able to process trades faster than any other software outside a tradingbot (which I offer as well) pollenbee gives you the ability to create instant fast day trades to trade at HighFrequency. Buy and Sell with the instant click of a button. 3 Packages>>> Each package offers different features (Number of tickers allowed, Auto Trading....etc) Basic Bee: User Trades, 3 Tickers Bees: User Trades, 5 Tickers Queen: User Trades, 15 Tickers, Algo Trade Idea Triggers Algo Queen: AUTO Trades, 100 Tickers, Algo Trade Idea Triggers, Personalized Trades Settings (VWAP, Vol, MACD, RSI, WaveRange..etc) What you Need: Initial Investment Minumum$ $30,000 Minimum Investment$ $5,000 (only allowed 3 Trades per Day) Alpaca Brokerage Account Windows/Mac Computer
AMEX:SPY
by j_quest
Giant pennant! Ready for next leg up?INT Chain market cap: 12M :) "An Ecosystem of the Internet of Things INT is the world's first bottom up new-generation blockchain of things (BoT) communication standard and base application platform" The IPBFT consensus protocol adopted by INT is a brand-new consensus protocol improved based on PBFT (Practical Byzantine Algorithm). Lots of good things happening lately with INT Chain. New main-net 4.0 is LIVE and stable!! 11 new community validator Nodes. Staking on main-net 4.0 gives 90% returns. Target this year $1,- Long term targets $1-5,- Hope you like my update and thanks in advanced! Kind regards Cryptodjens
ILong
by Djensboy
1
AUTOMATED TRADING BOTS: How to profit with Tezos.Tezos is one of the best token for our robot. Our robot mainly uses the DCA (dollar cost averaging) trading method. If the price drops, instead of the Stop loss order, we have a Buy limit order. This will also cause the Take profit value to drop and approach the current price. If the price falls and falls, the robot buys and buys. This keeps the Take Profit lower and lower. After that, the price of the token rises and our trade ends with Take profit, which is not far from us thanks to constant and precisely predefined purchases. The XTZ / USDT currency pair is suitable for our demonstration. You see very high volatility. It is through volatility that our robot can be profitable. If the price still went in one direction without frequent fluctuations and without "waves", the robot would earn very little. We need great volatility for big profits. Volatility in the TradingView platform will be helped by the Historical Volatility indicator. This indicator often (on this time frame) intersects the value of 50.00, which is rarely affected for low-volatile currency pairs. For example, you would look for Bitcoin very bad around 50.00 on this time frame. The key to our profitable trading bot is volatility! At a time of market colapse, when almost everyone is going through and positions in the Futures markets are being liquidated on a large scale, we are EXTREMLY profitable thanks to our robots. Of course, it is very important that you know how big the position is and how often, or at what intervals it is necessary for the robot to buy more. In no case is every setting of the robot profitable, on the contrary, setting up a profitable robot is not easy. You will learn how to set up a robot to be constantly profitable in our Academy. PS: One of the best things about trading with robots is that you remove all emotions and decisions. We wish you a nice day. UCT team.
Education
by UltimateCryptoTrader