Automated Bitcoin (BTC) Investment Strategy from Wunderbit Trading
This strategy is designed for the automated long-term investment in Bitcoin. The BTC investment strategy is primarily suitable for long-term investors who want to increase the percentage of their investments through timely trading long-term transactions. The main feature is the difference from the indicator of long-term investment. Based on their statistics, this figure is 2 times less. That is, if we just bought Bitcoin and held it, we would receive 2 times less than if we applied the BTC Investment strategy.
This strategy uses the intersection of the triple exponential moving average and the least squares moving average. We also control the profit you will make during an uptrend by implementing a trailing stop based on the ATR indicator.
This is a spot market-only strategy and can be used primarily for long-term investors. The strategy is designed to create an automatic version of investing using a webhook.
Automation allows you to safely ignore the state of your portfolio and exclude emotions.
In order to create a cryptocurrency bot for this strategy, you need to: 1. Create alerts and link the URL to the webhook. 2. Connect the TradingView strategy with automated trading service.
@CannyTolany01, Thanks much for Posting! Impressive work. I ran this just now unchanged on KUCOIN BTCUSDT and saw 945% return on a 4hour chart, 969% return on a 2 hour chart. However I saw a wonderful but lower 127% return on a 3 hour chart. Do you know of any market ecosystem factors that would drive such a dip between the 2h and 4 hr chart? What data set did you run against to gain than nice 1598% return?
Deobald
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@HedgePlay, It looks like the difference is coming from the overall data availability from the exchanges. For example, on Binance the first trade on the backtest is starting from the 08/09/2017 while on Kucoin it will be 16/11/2017 based on the backtest
In settings section we have an option for short condition but it is not included in codes , Do you think any update about adding the short condition . It is an impressive strategy but it will be even better with short condition.
UnknownUnicorn39255087
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ahbt78
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This is great! Thanks. If I was to use this purely to get in and out then should I be using the Gross Profits as an estimate of past performance?