developing bots is always interesting. as a crypto algo-trade developer, i would love to see some REALLY WORKING strategies for crypto, and not only on BTC or ETH. any ideas for high volatility and crazy moving meme coins? Thanks
I haven't really tested strats on meme coins, but my initial thought to maybe test something like breakouts, after X number of candles/minutes putting stop orders above and below highs/lows. To go against the trend with meme coins can be scary.
@crosscapital Thanks for the reply. i don't think we need to go against the trends on meme's. the rules can still be the same (i guess), but i think the moves will be more extreme. for example, if we work with ATR and normaly we use 2-3 ATR, than i guess it would be like 10 ATR on memes or maybe even 20 ATR. plus, i would love to see how you you build your own subjective elements like Support&Resistance, HH\HL\LL\LH' candle patterns like Flag, Head&Shoulders etc', and maybe even how to Hedge the right way. for example, for "latest swing" i use Fractals with bigger numbers like 5 or 10, but that's not accurate. Thanks for the efforts and videos!
developing bots is always interesting.
as a crypto algo-trade developer, i would love to see some REALLY WORKING strategies for crypto, and not only on BTC or ETH.
any ideas for high volatility and crazy moving meme coins?
Thanks
I haven't really tested strats on meme coins, but my initial thought to maybe test something like breakouts, after X number of candles/minutes putting stop orders above and below highs/lows. To go against the trend with meme coins can be scary.
@crosscapital Thanks for the reply.
i don't think we need to go against the trends on meme's.
the rules can still be the same (i guess), but i think the moves will be more extreme.
for example, if we work with ATR and normaly we use 2-3 ATR, than i guess it would be like 10 ATR on memes or maybe even 20 ATR.
plus, i would love to see how you you build your own subjective elements like Support&Resistance, HH\HL\LL\LH' candle patterns like Flag, Head&Shoulders etc', and maybe even how to Hedge the right way.
for example, for "latest swing" i use Fractals with bigger numbers like 5 or 10, but that's not accurate.
Thanks for the efforts and videos!
Something great.