Rebalance by StrategyThai

6 avr. 2023

Strategy Rebalance

Rebalancing trade in the context of cryptocurrency refers to adjusting the composition of a cryptocurrency portfolio to maintain a desired allocation of different digital assets. As the market value of various cryptocurrencies changes over time, the proportion of each asset in the portfolio may deviate from the original target allocation. Rebalancing aims to restore the portfolio to its desired balance, ensuring it remains aligned with the investor's risk tolerance and investment goals.

Here are some steps to rebalance a cryptocurrency portfolio:

Assess your portfolio: Review your current cryptocurrency holdings and their respective market values. Determine the current allocation of each asset as a percentage of your total portfolio value.

Set target allocations: Decide on the target allocation for each cryptocurrency in your portfolio based on your investment goals, risk tolerance, and market outlook. This might involve allocating a higher percentage to more established cryptocurrencies like Bitcoin and Ethereum and a smaller percentage to newer or more volatile digital assets.

Calculate rebalancing amounts: Compare your current allocations with your target allocations. Calculate the amount of each cryptocurrency you need to buy or sell to achieve your target allocations.

Execute trades: Buy or sell the necessary amounts of each cryptocurrency to reach your target allocations. Keep in mind that transaction fees and taxes may apply, depending on your jurisdiction and the trading platform you use.

Monitor and adjust: Regularly review your cryptocurrency portfolio and market conditions. Rebalance as needed to maintain your target allocations and adapt to changing market dynamics.

Rebalancing a cryptocurrency portfolio can help manage risk and potentially enhance returns by ensuring that the portfolio remains diversified and aligned with the investor's objectives. However, it is important to consider the costs and tax implications of frequent rebalancing before implementing this strategy.


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Setting input

Start : start date
End : end date
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Rebalance Mode : [Normal , Fixed Asset ]
Normal = Rebalance Always adjust the balance according to the preset proportions. , e.g. 50% of equity.
Fixed Asset = Fixed Asset value. e.g. always Fixed Asset 50% of capital
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Proportion : Proportion 0.05 = 5% of capital or equity
Min Size Trade value : The minimum that the exchange allows to trade in usdt,usd
Range Price : distance openclose last price (0.01 = 1%)
Use indicator : [none, rsi, ma]
Indicator Period : Length

7 avr. 2023

Notes de version

update
- overlay = false
-input Net Settlenment = closeall lastbar conclude net profit to Nav.
-input BB = TA BB Mode open or close when cross upper or lower
-input Show area = selcet Show area