Thanks! And you are absolutely right about different size of MC for vary coins. I'm trying to make it dynamic based on specific formula on pine script. So i can connect it as a Tradingview indicator to Traderlands platform and see it how it works.

I know it may sounds ambitious but some point it looks like works.

Let's get started.

Step 1.
Check 1 day ARB chart first. ~%15 down starting 10th Sept.



Step 2.
Check 1 hour ARB chart. Starting to drop at 04:00 (UTC)



Step 3.
Let's get more detailed. On 5 mins chart, check ARB volume.



As you can see before dumping, total volume of last 10 bars 3.3 M ARB on 5 mins chart. 04:20 starting dump and 14 M ARB volume.

Step 4.
Setting up rules.

If current bars volume is 5 times higher than last 10 bars avg volume AND -%0.5 candle change on 5 mins chart. Thus, it's considered as dump and sell.
In order to calculate and follow this rule 7/24, i'm using an algo trade platform called Traderlands. (It's free)

This is how it is done


Step 5.
Check rule and exit point

According to our rule 331k x 5 = 1.6 M ARB volume should be to sell it. So on 1 min chart;

Starting 04:20, in 3 mins volume goes up ~8 M ARB.



Estimated exit price: 0.8790

Let's consider we buy on 0.8881 on 2th Sept and waiting price up. This dump would be disaster unless we had these tools and idea

So we exit on 0.8790 and our loss ~%1.

It's also perfect timing for possible SHORT position i guess.

I set an algo for this matter on Traderlands and started forward testing. Let's see what will be happen.


If you have any other idea or criticism, i'm open to discuss.

Agreed, beginning of 2020 i used algotrade that created with indicators. It amplified my gain relative to marketcap. The algorithms I used in the bull run gave terrible results when the market was flat or in a bearish period.

My conclusion for this experience, strategies should be dynamic not static. There should be a switch for strategies according to market direction bullish or bearish. So main strategy should be define to market situation and strategy that i use needs to change.

Or i keep using Martingale strategy

Yes of course i dont expect %100 success rate. This method is good, but it requires a good amount of liquidation. Some point market will crashes deeply and liquidation would not be enough when it happens.

Actually i was looking for an algo-trade way with indicators. I don't know if we can determine drops with indicators, so we could be avoid from them with acceptable losses.

Actually i was looking for a backtest tool and then i found an algo-trade platform which includes free backtest tool. I had to set some basic strategy on this website's interface to test indicators.
A few type of strategy on my mind. One of them, buy when drops.

Let's start with simple one. When price down of BollingerBands(30,3,low) lower band then buy on 5 mins timeframe.



So on interface i've set it like that.



For exit, if price > SMA (middle line of BB) | %1 Stop-Loss | %0.5 Trailing Stop Loss activation and %0.3 Follow Distance | x10 leverage

Besides of backtest, there are live test (virtually). This is the results so far.



%61 succsess rate, %0.1 average profit.  

Hi everyone.

I've examined indicators for very long time. Especially if you are trading often, they would increase your winning possibilities.

While some months i've learned how to code Pine Script on Tradingview and backtest with it. But i can't get good results even if many combination of indicators.    When i look at past data manually, it works smoothly but this data retrospective and indicators can't drawn in future.

I wonder is there anyone who succeed on trading with indicator/combination of indicator/special strategy.

I'm open to discuss all ideas.