*** DISCLAIMER *** This script is speculative - it uses a highly aggressive model and may not make you money. It has worked well for me so far but you need to do your own DD and make your own decisions. I accept no liability for anything that happens as a result of using this script. Use this at your own caution.
My first published work! I took a few concepts I found in other scripts, tweaked them to match what I had in mind, added some ideas of my own and then added 3commas hooks. Essentially this script is a variable MACD indicator with linear regression and a lot of curve smoothing. It will buy and sell like any other MACD indicator, though it won't exactly match the MACD line you will see on regular MACD indicators due to the smoothing and linear regression. The stop loss should prevent the biggest losses though you will still lose some rounds as this is very aggressive. The parameters I have set up here work best for BNB however feel free to experiment with other coins. The linear regression is set high by default which is what I've found works best for BNB/USD.
Charts should be set to BNB/USD 1HR. I used Binance.us as I was building this but you should have success using other exchanges that offer BNB as well.
This script is set up to use with a 3commas DCA bot though you need access to the entire script in order for that to happen. You can add it and manually place orders or use alarms to test. If you want full access so you can set your 3commas alerts, message me and we can figure something out!
Versionsinformation
⋅
I consolidated the stop loss and regular take profit into one buy to make it easier to set this up. I also added a backtester. I plan to also add RSI-based entry and exit conditions later today.
Versionsinformation
⋅
I adjusted this a bit more today. I added an RSI Threshold feature that I moved over and modified from one of my other bots I just made. It really unlocks what you can do with this bot.
Under RSI Settings you can pick to use RSI Thresholds as a condition for buys and/or sells. You check the appropriate box(es) and then you set the thresholds that are required. The bot won't make a buy unless a bar's RSI value is equal to or lower than your buy threshold. Similarly, it won't make a sell unless a bar's RSI is above the sell threshold. You can also adjust the time frame that the RSI uses although I would suggest not using a lower value than your chart's time frame as it will only update once per bar, so if you use a 5m RSI and a one hour chart it'll only use the 5m RSI at the close of each bar (so once per hour.) I put this in to give users a little more control over how buys and sell are executed.
You can also decide whether or not to view all points that your RSI thresholds are met on the chart. Keep in mind that this will display ALL points, not just those on which buys or sells happen. I could have done it that way but you will already see the trades on the chart and this just gives more info. The white and red markers represent POTENTIAL buy and sell points (ie any bar on the chart that meets the requirements gets a marker, not just bars where buys or sells actually take place.) If your thresholds are 30/70 it's manageable, however if you increase the buy threshold value or reduce the sell threshold value be prepared to see quite a few markers. The messiness of this is why I decided to make disabling viewing them an option.
@thebiggerhand I am not able to send you a private message. This strategy is awesome. Could you let me know, how much you charge for this strategy?
dacho12345
⋅
hey, i got best results on 1H Matic/usdt by tweaking around a little. with the different MA and rsi settings... well done my friend!...how much do you want for it? i think it would be nice if you just shout out the price here in the comments and would even attract more people as writing a pm is another step to take and might make lots of people not trying to get it anymore. if it performs as the backtest promisises, then it is really outstanding profits! cheers
NelsonM1984
⋅
hey thebiggerhand, how is this working out for you - is this your main strategy? New to trading but tested lots of strategies and the net profit on yours is bonkers, I got it to 15k! Going to paper trade this weekend and see what like
thebiggerhand
⋅
@NelsonM1984,This was my main strat until the correction that started in May. I now trade manually leveraged positions and I use this bot as a my main indicator but I don't use it to actually fire the trades off because I don't have access to any exchanges via 3commas that will let me trade perpetual futures. This bot is definitely a beast though and I believe it's the best one I've put together which is why I posted it!
NelsonM1984
⋅
@thebiggerhand, thanks for the detailed reply! Yeah nice work - I am just starting out but seeing stuff like this is inspiring. But the more I see, the more I think I will just do it manually!
StevenMichiels
⋅
can I get access to the script please? thanks
thebiggerhand
⋅
@StevenMichiels, I do charge a little for full access to cover the time I spent writing my indicators - if you are interested please PM me.
QuantumRevenge
⋅
How do we set up alarms? I could not see the options. thanks
thebiggerhand
⋅
@QuantumRevenge, You need access to the full script for alerts or alarms and I charge a little to cover the time I have into making these indicators available.