Cryptohopper config update with triggers and strategy

in #cryptohopper4 years ago (edited)

image.png

My previous post about cryptohopper is outdated for the current market and people are signing up with my affiliate link so I thought I should update it so people don't lose money from outdated information. My orders weren't being filled with limit orders of 0.25% higher or lower or 0.1% so I switched to market orders to make sure my orders don't fail. I also switched my stop loss to 3% so most of my positions will be sold in less than 24 hours because I would rather put the money somewhere where it will make profit then have a position that's down for multiple days. I also switched to trading on Kraken because Binance blocked US customers so I disabled trailing stop buy because it always fails on Kraken if your exchange api doesn't fail with trailing stop buy I would still recommend using it at 0.25% because it will protect you from bad buy signals from your strategy. I still use trailing stop loss only that arms at 1% and sells at 0.25% only for profit. For my strategy I am working on creating a better strategy on the strategy designer using bollinger bands and rsi but all the ones I've tried haven't generated any buy orders yet because I add too many requirements that aren't reached often enough I would recommend starting by using bollinger bands and rsi with default settings on rsi and default settings but with a standard deviation of 2.5 for the bollinger bands on a 5 minute candle. There is also a free strategy on the market right now called CQS basic scalper that uses Bollinger bands and rsi it works better than my custom strategies because I haven't gotten them to work yet because I make it need to be constant over 50% of all candle lengths for a buy or sell order and I haven't figured out the right settings to make it work yet. The triggers I use are to turn buying on and off when the price of bitcoin drops 6% or goes up 2%. If you would like to sign up you can use this link https://www.cryptohopper.com/?atid=7500 I will get paid 10% of your subscription without it costing you anything and if I get enough money to get a hero hopper I can do a tutorial on creating an algorithmic intelligence I created one and it said it had over 75% accuracy on buys but I never actually tested it because I don't have enough money for a hero hopper.