thetradingparrot
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I'm driving 3 lambos this month
🕑 Added 2021-05-08 14:13:31 +0000 UTCI'm running 3 Lambo DCA bots this month to see which one performs best based on data.
Although it's possible to backtest the signal on a single coin at the time and see the profit made in the past month. It's not possible for me to forecast using a backtester pine script how would the following alternatives would do over 2 months:
- 30 max active deals vs 45 deals
- top 10 tokens vs all tokens vs best lambo token performers of past 2 months.
So I decided to put them in a race, the 3 lambos against each other.
Lambo 1 "The Official" - the lambo that's in the bot dashboard. The official.
https://3commas.io/bots/3795569/shared_show?secret=a9cbab7834
Lambo 2 "The Top coins" - a lambo that trades only top market cap coins and a few of my personal bull coins. In this one the max active deals is reduced to only 16 because that correspond to the selection of tokens.
https://3commas.io/bots/3870211/shared_show?secret=d1bf19ac27
Lambo 3 "The past top performers" - in this lambo I selected from the 214 coins supported by the lambo signal the top 45 performers in the past month, based on both total profit, how frequent they trade to keep the bot busy and how quickly they closed deals.
https://3commas.io/bots/3921543/shared_show?secret=29347386a0
You can check which tokens are being used in the links along with all the bot settings.
I'm expecting that the results will totally vary depending on how the money flows in the next months.
If the alt coin season carries on for a few months Lambo 1 should end up showing great gains. I would expect the end of the alt coin season to take back some of those returns. so the longer it can run making profits that should help amortising the usual pain of the end of an alt season.
If alt season ends very soon then lambo 1 will have a hard time showing what it could have done.
Lambo 3 represents the hypothesis that certain coins behave as an oscillator and present better conditions to profit with lambo. If this is true I would prefer for the long term to focus on coins like this rather than letting lambo trade literally anything in the market.
Let's see by the end of May to mid June how they are comparing to each other.
Lambo 2 is a bit of a conservative flavour. Picking tokens that you are bullish on is kind of a safer bet but you are reducing significantly from 214 to only 16 tokens that can get signals and that obviously makes the bot less efficient. I could have reduced the max deals to 8 to get the bot more time busy but I also wanted to see in average how many deals are being used and then decide that number based on data rather than picking a random number.
Since we did the latest tweaks on the 3rd of May I'm seeing lambo much busier and also the reserves are staying within pretty decent levels. This should carry on as long as we are in alt coin season.
