thetradingparrot posts
Posts: 253
Files: 94
Market orchestrator and managing upcoming risks
I've been testing the bot orchestrator with two bots: Venka and Bebek.Whenever the QFL orchestrator triggers a SELL signal it switches them both off.That's why when I woke up this morning they were off.I noticed that yesterday when they were switched off when the first SELL signal triggered they only had one deal open.I still decided to almost immediately switched them back on and see how it goes as an experiment.A few hours after BTC sta...
The BTC twin setup for bullish markets
Have you ever heard about longing and shorting a coin at the same time?If you never have then this is probably going to have you scratching your head for a minute or two.Shorting and longing at the same time is actually a very common practice, particularly among leverage traders that want to hedge the risk of going in a particular direction when it's not fully clear where are we heading. When dealing with collateral it can also compensate for...
3 TV indicators from Capriole Charles to help managing your HODLing
Capriole Charles is one of the most prolific and knowledgeable authors on TradingView.He has produced many of the most commonly used indicators by crypto traders.Today I wanted to bring 3 indicators that I love using for deciding when to add more to my BTC bags and also when to take some profits.You might be familiar with these indicators but is always good to have them ready on a dedicated tradingView layout so you can check them at any time fro...
TOP 100 day performing bots: Episode 1 USDT
https://youtu.be/mO1m2hXy7c0
Very important information for MC futures users: new tokens and form migration
There's very important information in this article for market cipher futures users. Please read the full article including the migration section.Market cipher futures upgrade: new COIN-M tokens addedWe now support new pairs for COIN-M binance futures. This means that you can use your holding of the supported tokens to long or short. This takes profit in the same token, so for example you could use your ethereum to long and take profit in ethe...
Bebek, let's add some pairs from LunarCrush - 0.8% a day
I'm becoming a big fan of lunarcrush.comThis website focuses on the social aspect of the coins. How healthy each coin is terms of social engagement, price action and other social indicators.I've been using it to add some coins to bebek.You can see below today's top galaxy score for alts. Many of the tokens here also appear on 3commas as the top traded in the last day.https://lunarcrush.com/markets?rpp=300&ob=alt_rankI think it's a...
Follow up on "Make over 3% a day with this modified RSI strategy"
https://youtu.be/0x9T7PABJPI
Weekly TOP Crypto BOT for 3commas review: Episode 2
https://youtu.be/hL5TmKfdxzM
Venka is ON and new bot Bebek added
Venka bot is onThere's been loads of changes to Venka v1.2 so make sure you compare side by side or make a new copy. Remember to read the disclaimer about copying, make people make very expensive mistakes when copying and many can be prevented by reading it.I'm running it now with USDT only for convenience. If you want to run it with BUSD or USDC its fine but you may want to then reduce the min volume as those markets have less.This bot i...
27th July 2021 VIP monthly zoom call recorded video
https://youtu.be/AJf16ByPrBwslido questions: https://admin.sli.do/event/shq20bmc/questions
Bot orchestration ready for open BETA testing
Bot orchestration is now available for testing for all Patreons.You can now start filling the bot orchestration submission form entering the bots you want to be switched on and off automatically.Which signal is it available for bot orchestration currently?For now we are testing QFL only.Once we are happy that the signal is firing as expected and bots are being switched off and on accordingly then we will add further signals to the bot orchestrati...
Submit your DCA bots for the weekly bot review video
Last week I published the first video of the new series called "weekly bot review" where I basically use the backtest and market analysis to identify which bots are great idea to run and invest and which ones are a big NO!If you haven't watched the episode 1 go and watch it now!This week I'll be making another one, so if you have any great bots that you think are worth to challenge in this week's episode then post a comment be...
Make over 3% a day with this modified RSI strategy - RSI crypto trading strategy Binance
https://youtu.be/yv-6xM-qcNU
Bot orchestrator signals BETA tests starting next week
For many months I've been dreaming to have a way to START and STOP my bots based on signals.Many of you have come up with the same idea in the past.We wanted to build something really powerful that can allow us to have not just one but multiple signals that we can subscribe, and not just for starting and stoping our bots but also to do any of the supported actions that 3commas supports currently (including sell at market price all deals).Well...
Weekly TOP Crypto Bots Show: Episode 1
https://youtu.be/Omy6tLsM7pI
Mirinda news, new bots: Johano selected tokens and DOGE ripper experiment
Bots trading mid/low capsI'll keep Mirinda, Johanno, Bakkeroff until alt coin index bottoms (currently at 29).Mid caps are doing horrible, this is affecting not just Mirinda bot also other bots trading alts like Bakker setup, Johano (original), and others.And that's why I'm either sticking to top coins and coins that show decent resilience despite the market sentiment or I'm going very conservative by using a combination of these ...
MC futures signals upgrade: new exchanges FTX, ByBit and pairs supported
Hi guys,It's been a busy weekend, we were quietly working on getting this upgrade ready so we can start testing it and using it ASAP!The last upgrade was a few weeks ago when we introduced short signals to the existing conservative and risky signals.But now this upgrade is bigger, we are introducing support for: Multiple exchanges: Binance, FTX and ByBit. We can add further in the future if you let us know in the comments which ones you like ...
Altcoin season index is at 35: it's time to work on your master plan
Altcoin season index is 35 today.The story should repeat and the recipe for success is still the same.This is my personal plan:1) wait for it to go way below 30, those levels provide the biggest opportunities.2) stay there a bit in accumulation phase (1 to 2 months)3) pick some gem alts, DCA way in with a bot.4) start some bullish bots, once we start heading back up from below 305) make money on the way upAnd the most important of all steps!!!!6)...
Miela: the scalper DCA bot. Trade ALTs safely.
https://youtu.be/-5ggnIoI274
Can Bollinger Bands tell us what's next for with Bitcoin? + bots running + news
First of all it's great to be back from a very refreshing and overdue week of holidays. One thing is to do what you love but it's been the most dedicated and passionate 6 months ever . I think it was a great decision to take a break during this slow market to recharge batteries and prepare for what's next. We have now an army of bots and tools for bull and bear market, and so much to come! I really can't wait to start showing you ...
Next steps, bots running and Binance UK/FCA
As next week I'm planning to disconnect from the world, I sold all to USDT and left it in cold storage. Yes, one week of no trading or staring at my deals :)Bots will appear as ON in the bot dashboard but they won't report any daily profits until I'm back on the 12th and actually enabled them back again.Which bots to run?These are the alternatives you can decide to run based on your own risk appetite are during the week I'm away:F...
Can we break this BTC downtrend?
We've been in this daily descending channel for 41 days.Every time we go below it gets bought.And every time we go above, shorts destroy any chances of a breakout (see 1, 2 ,3 4 and 5).But no pattern lasts forever and this pattern has a clear expiry date to decide its final move.The latest expiry is determined by the descending triangle (in yellow) formed by the lower lows 30K together with our descending channel.If the descending channel end...
Summer sale & holidays
Many people have been requesting if we could offer a Patreon sale.Although Patreon doesn't technically support discounts or sales, we can still create new tiers at discounted price. As you might notice too, this workaround is not fully ideal but it's better than nothing.Hopefully next month we can start offering our own subscriptions via our website and more flexible benefits and tools. Matsoftware is working on that, we just added Paypal...
Let's build the best short bot
Next week I'd like to work on building short bots for futures.Remember that you can use them with 1X and therefore not apply any leverage. It will still be based on contracts but at a similar risk to running a spot bot.For a short signal we could use many things: I can build a signal. This would take time and trial and error. I can reuse any existing signal out there. It needs to be open-source. For example the SELL divergence from MarketCiph...
New video: Exit bad deals using the add funds simulator
Please like the video, leave a comment and subscribe if you haven't! Make noise for the algorithm so youtube shows the video to more people the more noise the first hours the better. Thanks so much for supporting our channel.https://www.youtube.com/watch?v=3ncYBY9HXwY&ab_channel=TheTradingParrot
23rd June 2021 VIP monthly zoom call
Slido questions https://app.sli.do/event/h07820bchttps://youtu.be/KMRM5OUtMAk
New video: 1 Month after - update on Market Cipher bots for Binance Futures
https://youtu.be/-V0ejYMkB_k
QFL Pine script available - backtest and alerts compatible
Update 1 - Added bot and QFL settings used in example with MATICFor a while now I've been trying to find a decent implementation of QFL that we can use for: backtesting using the backtest script for sending alerts from trading view to DCA bots that currently don't support QFL for creating strategies that combine multiple factors, for example: QFL + RSI + Stochastic. Having a pine script that converges all these conditions and sending a BU...
Death cross what?
A death cross is a signal that triggers when 2 moving averages cross in the daily chart: the 200MA and the 50MA.The death cross effectively happened in the Bitcoin chart yesterday. People have been making a lot of noise about this event for at least a month.The death cross is a lagging indicator and will usually trigger based on what we already know: that the market has been correcting for a while.Even though no indicator can predict the future i...
Pick 2 videos for next week :)
Next week we have "menu a la carta" for videos :)Preferably pick only two videos, but if you want to pick more it's also great!
