Congratulations! Great, ultimately a simple solution to reflect the operation of the tradingview strategy. The question is why you decided to introduce a limitation to using 100% of the capital from the sub account, and not the capital according to the strategy code blocks if I use DCA or GRID. For example, the first purchase is for $100, the next one is for $300 and at other levels it is repeated...
Yes great question. In the first version (as it’s now) it uses 100%. Very soon we will let you send the amount via the JSON. Step by step. Most retail users (our target group) don’t need easing in and out and most strategies don’t do this either. But we will add it still because it can be good for more pro users (those are not our primary target group).
@@michaelionita I personally would prefer to choose a custom value, like 10% or 25% on one account with 25 bots (pairs). My calculations show that for me it would work much better as the capital will be reused more often. I am happy to subscribe, but not enough functionality yet. Will wait, looks like a cool service is planned!
@@CryptoniusI know what you mean and stay tuned you will be able to send that from your strategy soon 😊 Speaking of mathematics. DCA and Grid in crypto don’t work that well. There are better strategies out there (even free ones) with more profit and a low drawdown. But I guess you know that already.
@@michaelionita cool, thanks! Dca/grid - Yeah. I also tested paralleling of trend following strategies for a few coins. Their main problem for crypto is that they all trade almost at the same time. So I want to combine them with my custom made strategies.
@@Cryptonius Smart move. Will get back to you once we have that custom parameter to buy/sell custom amounts. Fun fact: Discussed that with my dev team weeks ago and we decided it's an "advanced" feature and we will add it later and once people ask for it :) So thanks for asking :)
It has 2 reasons: 1) You cannot be copy-traded (on-chain all trades are public). 2) It's faster and cheaper to execute the trades, which for many strategies to be profitable is a must. Hope it helps.
@@michaelionita thanks. Is it really cheaper to execute trades on CEXs than on DEXs ? I thought DEXs (such as DYDX and the likes) were supposed to be the cheapest option.
@@charlie8458 Well on Bybit I pay 0 for example. Even if you pay anything, it will be 0.1%. DYDX seems to be 0.05%, which is half the fee from Bybit, so good point :) It's just that for me 0 is better (depending on the trading pairs). For sure we will add DYDX support as well soon :)
Yes we have a Test Strategy you can use: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-SnrtZBTQd_8.html We also have a page with good strategies, which you can use for free: app.signum.money/#/strategies
Hi Michael. Been holding off auto trading, but now i really want to try it. I have luxalgo and would like to try it with you software. Or with some of your strategies. Is it possible/profitable to trade on 1h and 4h or do you only recommend to use 1d? I would like to have it take trades regularly not only when up and down trend changes. If this works I will recommend to friends.
@@stefanfrederiksen1584 I'm sure your automation journey will pay off - if did for me. About your LuxAlgo question, as far as I know, those are only "Indicators" not "Strategies" so they don't actually produce buy and sell signals and thus they don't show you any numbers in the Strategy Tester. Automating without knowing the Net Profit and Max Drawdown (amongst other numbers) is not best practice (and also does not work - TradingView can't send signals when there are not signals). If you want to automate it has to be a Strategy, like this one for example, (has trading signals and a backtest): www.tradingview.com/script/9uvZIPnH-Breakout-Trend-Follower-Strategy/ You were also referring to AutoTrading. That is a special program I give access only to people for which it makes sense. Check it here and apply after watching the video if it's for you: autotrading.vip/
Signum at this point in time gets you flat when your strategy goes short. Once Signum supports short instead of getting you flat it will short for you. On the long long side Signum can follow the strategy exactly.
@@michaelionita ah ok! So only works on the long side at the moment? If i have a strategy that only longs and exit long it will work? How about a strategy that only shorts and exit shorts?
@@stianlystad2028 Yes exactly. SIGNUM would ignore all short trades and not do anything. You'd see what it does at all times in the Logs so you know what is happening. In other words, at this point in time SIGNUM does this: Your strategy goes long: Signum goes long Your strategy increases the long: Signum increases the long Your strategy goes flat (sells everything): Signum get's you flat as well Your strategy flips from long to short: Signum will get you flat Your strategy goes short: Signum will skip the trade and do nothing Your strategy increases the short: Signum will skip the trade and do nothing Your strategy flips from short to long: Signum gets you long (depending if you use % or absolute order size it get's you long exactly the same about as your strategy did) Hope it helps?
@@michaelionita this makes sense, thank you! Currently developing some automated trade scripts. And looking for something like this. But kinda want it to be able to short aswell. Is this in development?
It’s not made for that. I mean yes it’s possible but it’s not a high frequency tool. You’ll have about 10 seconds delay until the trade will get executed (it always fetches and current portfolio so it can do 100% trades and that takes time). SIGNUM is made for 1h or above charts.
