thetradingparrot
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Conservative version of DCA bot for the Petro signal & new Petro pairs available
🕑 Added 2021-04-05 14:34:42 +0000 UTCFor those who requested a more conservative version of a DCA bot for the VIP signal Petro
The benefit: This means a having a lower likelihood of needing to add manual funds.
The price to pay: the compromise is lowering the P/L,
You can now have a look at this article (bottom of the page):
https://thetradingparrot.com/knowledge-base/petro-dca-bot#conservative-version-dca-bot-for-petro
This would make more expensive to run Petro. In backtests it shows it can close anything we've been through so far without in the last months without any manual intervention.
It will punish profits of the tokens that have been doing well without this help.
On LTC and SUSHI backtests show that the conservative version helps improving the performance as it actually closes all deals.
The Twin Petro setup
You may consider running two Petros:
- 1 with the normal DCA bot (as it's now) containing tokens with no crazy moves (for example SUSHIBULL dropped over 80% recently). ETH, BTC and others could remain using this bot.
- 1 with the conservative DCA bot settings using all the tokens we expect to show ~70-80% drawdowns like MATIC, SUSHI, etc.
Petro new pairs added
Today I also have added 3 new pairs to Petro: VETBULL, MATICBULL and SXPBULL.
If you want to remove a token in your bot you just edit it and that would make the bot ignore signals to a token you no longer want to trade.
I'm personally not removing any if you are interested to know.
Comments
And what should we do with the Poison? Shouldn't it work better than Petro in this phase? Should we have to enable also the new pairs to Poison too?
Hi Mariano, do we have to submit another form to make it work, or it links the same API you have done for the original Petro?
Possibly, but I’m waiting for them to make an official announcement as they promised
Is the FTX issue with 3commas fixed?
Nice! Thanks dude! 🙏
