Hey guys, I summarized an article about the divergencies. What is divergenceies, what are the major types of divergiences and how should we use it along with our trading strategy:

SOURCE

What is Divergence?

Divergence occurs when the direction of an asset’s price and the direction of a technical indicator move in opposite directions.
Finding divergence between price and momentum indicators, such as the RSI and MACD, is a useful tool for identifying potential changes in the direction of an asset’s price and is therefore a cornerstone of many trading strategies.



Types of Divergencies?


- Bullish Divergence

Price is printing lower low while the technical indicator shows higher lows. This signalizes a weakening momentum of a downtrend and a reversal to the upside can be expected to follow.
Quick Notes: watching troughs in a downtrend, the indicator moves up first

- Hidden Bullish Divergence

Price is making higher lows while the oscillator makes lower lows. A hidden bullish divergence can signalize that uptrend will continue and can be found at the tail end of a price throwback (retracement down).
Quick Notes: watching troughs in an uptrend drawback, price moves up first

- Bearish Divergence
Price is creating higher highs while the technical indicator shows lower highs. This signalizes that momentum to the upside is weakening and a reversal to the downside can be expected to follow.
Quick Notes: watching peaks in an uptrend, the indicator moves down first

- Hidden Bearish Divergence
Price is making lower highs while the oscillator makes higher highs. A hidden bearish divergence can signalize that downtrend will continue and can be found at the tail end of a price pullback (retracement up).
Quick Notes: watching peaks in a downtrend drawback, price moves down first


Regular divergencies – Provides a reversal signal.
They indicate that the trend is strong but its momentum has weakened, providing an early warning of a potential change in direction.

Hidden divergencies – Signals trend continuation
They indicate that the current trend is likely to continue after a pullback, and can be powerful entry triggers when confluence is present.



You can find these all 4 divergencies on cleo.finance and compare those divergencies

 • Price with an oscillator indicator
 • An oscillator indicator with another oscillator indicator
 • Price of any asset with the price of any other asset.

And customise the divergencies in terms of 4 different parameters: time frame, lookback range, min. distance between peaks/troughs, and confirmation bars.





Conclusion

Divergences can be an important tool for traders to add to their arsenal, but they should be used in a careful and strategic manner. By keeping these things in mind, traders can potentially use divergences to their advantage in making more informed trading decisions.
It is always important to use divergences in conjunction with other forms of technical and fundamental analysis and to approach them with a disciplined and strategic mindset.

Hey guys, here is an article summary about the security of API keys and how should a trading platform handle the API key security. You can find the source of the article here.

One important aspect of a trading platform is how it handles your API keys, which are used to connect your trading platform to your exchange account.

Is it safer to install the trading software on your PC or have it run in the cloud?

Installing software on your PC at home and whitelisting the IP, is only as secure as your home network. Those, mind you, are being breached orders of magnitude more often than cloud servers networks. Not to mention the potential of downloading and installing malicious software right off the bat.

So, the real question is how many and how strong “barriers” are between your API Key/Secret and a potential party with bad intentions?

Cloud servers are typically more secure than home networks, as they are subject to regular security audits and updates. Additionally, cloud-based software is generally easier to keep up-to-date and secure, as updates are managed by the cloud provider. However, it’s still important to choose a reputable cloud provider and to use best practices for securing your API keys, regardless of whether the software is running on your home PC or in the cloud.


How does cleo.finance(A trading platform) store API and Secret keys?

• Main servers manipulating any sensitive data are not visible to the outside network at all
• Your API key/secret is not stored in a single database but is stored in 3 different places, each with separate hardware and software security protections
    o The attacker would have to breach all 3 to get access to the Encrypted version of API key/secret – which wouldn’t help them all
• Those sensitive data are encrypted with arguably the most modern and secure 256-bit encryption protocol
    o Brute-force decrypting of the data from a single database with current technology would take longer than the age of our universe.
• cleo.finance cloud hardware is distributed and the software is up-to-date with the most recent security updates



What can I do to increase the security of my funds if I want to use third-party software?

1. Watch out for phishing schemes

To prevent and identify phishing scams, you should be cautious when clicking on links or opening attachments in emails, even if the email appears to be from a legitimate source. You should also be wary of providing personal information, such as passwords or credit card numbers, on unfamiliar websites.


2. Whitelisting IP addresses can help to increase the security of your funds when using any third-party software.

By limiting access to your exchange account only to known IP addresses, you can prevent a significant amount of unauthorized access attempts. However, for trading platforms serving thousands of users, such as cleo.finance, exposing the IP addresses of trading servers is a security and scalability issue on its own.


3. Allow only necessary access to your exchange account in the API key permission settings

You can grant read + trading access, which allows the platform to view your account information and execute trades but not withdraw funds. It’s important to never allow withdrawals, as this can leave your funds vulnerable to unauthorized access.




4. Limit the number of third-party services you use and use a different API key for each of them.

The more services you connect to your exchange account, the more potential vulnerabilities there are. By limiting the number of services you use, you can reduce the potential for unauthorized access to your account. Using different API keys for each of them can help figure out where the breach is coming from.


5. Regularly update your API keys

By deleting old API keys and creating new ones, you can ensure that your exchange account remains secure. This is particularly important if you suspect that one of your API keys has been compromised. By regularly updating your keys, you can prevent unauthorized access to your account and keep your funds safe.

Hey Guys, for people who wonder about where to set the stop losses and stop loss types, here is an article summary. SOURCE


In the pursuit of long-term profitability, you need to become proactive in protecting your funds. Entering a position from the perspective of what you are risking, rather than what you stand to gain is the differentiator between the traders that “make it” and the rest.

• Determining where to set a stop loss:

You are looking for an area, where your trade will be invalidated = where your trading idea is wrong.

Popular options are:

Price invalidation based on Support or Resistance levels – Identifying a price invalidation based on Support or Resistance levels

Stop Loss based on ATR or another volatility indicator – It shows the average volatility for the past 14 bars. The idea behind using it: “I better put my Stop Loss outside the zone of normal volatility to avoid getting stopped by normal market moves”.

Stop Loss based on the trend - There are many ways traders try to identify a trend and its strength. The easiest way to analyze them using Technical Analysis would be through moving averages (MAs). Whether you are looking at the slope of the moving average, its relationship to the price (being above or below the MA), price, or another moving average with different settings crossing it (fast and slow MA cross combinations) – all of these options can help you determine the trend direction.

Fixed PnL Stop Loss - This is generally not a very efficient way to place a Stop Loss, because the market doesn’t care what % of your account you are willing to lose. If you’re for example always opening a position with the same size and using the same, say 2% stop loss, it will get placed on price levels with no regard to the previous market movements, volatility, or anything else but your balance. This can lead to you getting stopped out a lot, even though the underlying signal might be good.

Trailing Stop Loss - This dynamic way of setting stop losses follows price. If you set a 5% trailing stop loss and the price keeps going up, the stop loss moves up with the price. It can be useful in trending markets or when the asset enters price discovery and traders don’t have known price levels to work with.

• Stop loss order types:

Limit orders - set a specific price and can be executed only at that price.

PROS:

In crypto: Limit orders tend to cost less than market orders as they are considered “market-making” (Maker Fee)

It guarantees the execution price

CONS:

This stop loss can be set off only if there’s an equal or bigger buyer at that price. You risk not getting your full position closed.

Market orders: set to trigger when a certain price is reached, but will execute until full position is closed – even if it means slippage (“eating through the order book”).

PROS:

It will close your full position

CONS:

The actual execution price may vary (due to slippage = defined by volume and how thin is the order book).

In crypto: Tend to cost more (Taker Fees)

Stop Limit orders - There can be even more niche categorization of limit orders.

Trading without a Stop Loss is the testimony of a lacking trading system. And I think using Stop Loss prevents you from adding to your losses and being emotionally attached to a trade.

The article is from a trading platform's blog and the post is a summary of an article about position sizing.

Yea, I understand. The feature you are asking for is something that has been worked on already. It is going to be added soon.

Thanks! It is not a market place, there are just trading templates for different market conditions. They are meant to be a good starting point for creating your own trading strategy.

Precisely and also not all losses are equal.
There are losses taken in accordance with your trading plan by setting stop losses and protecting your funds from further, larger losses.
And then there are losses that are taken out of panic, fear, and a result of deviating from the trading plan.

Precisely, most of the traders end up with losses for being too greedy for more profits and deviating from their trading plan.

Practice patience and focus on executing your system is what most of us missing I think.

You said it! Most people are either taking it as a gamble or they are not taking it seriously. Trading is a process that requires time and discipline. It is important to have the mindset that your trading strategy will not work all the time but over time in the long term. Having a long-term trading approach is what matters for your trading success.

I definitely agree, you have a point. I do automation in order to avoid from emotional factor when trading.

I did that for a while but then I started to use this tool for going back and keep improving myself by finding out my mistakes and understanding my trading flaws. PnL, my size, what triggered, how it triggered, which of my trading conditions are fulfilled and how they were fulfilled, my RRR levels, and so forth. I have pretty much all the insights I need.

Herkese Merhaba,

Ben ve arkadaslarim, kodlamaya gerek duymadan kendi krip botunuzu ileri seyive risk yonetimi araclari ile olusturup,  geriye donuk test edip(backtesting), gecmis pozisyonlarini chart uzerinde izleyebileyeceginiz bir platform gelistirdik. Buradaki yatiricimlarinda fikir ve dusuncelerini merak ediyoruz. Simdiden tesekkurler.


Cleo.finance, kripto yatirimcilarinin ticaret süreçlerini otomatikleştirebilecekleri yenilikçi bir kripto yatirim platformudur. Platform, kripto yatirimcilarina genis veri setleri, gelişmiş risk yönetimi, kodsuz anında otomasyon, geriye dönük test, kapsamlı istatistikler ve kripto yatirimcilarinin her pozisyonlarını tekrar tekrar chart uzerinde izleyebildikleri benzersiz bir analiz aracı ile kendi özel pozisyon acma ve kapama kurallari oluşturmalarını sağlar.

Kullanicilar, OKX veya Binance hesaplarını API aracılığıyla bağlayarak kolayca başlayabilir. Onemli not: Cleo.finance'in fonlarınıza erişimi yoktur ve fonlarınızı çekemez. API bağlantısı yalnızca pozisyon acma ve kapama için kullanılabilir ve istediğiniz zaman iptal edebilirsiniz. Zaten platformda para çekme izinleriyle API bağlantısını kabul edilmemektedir.

• Her kullanici kendine ozel kripto yatirim botlarini sadece yazarak, kodlamaya gerek duymadan olusturabilirler. BTCUSDT fiyati EMA(200) uzun uzerine ciktiginda al gibi.
• Hizli ve kapsamli geri donuk test araci(Backtesting) - Daha gercekci test sonuclari icin borsa komisyon ve islem ucretlerini de ekleyebilirsiniz
• Typing your entry and exit conditions with up to 55 technical indicators, including VWAP, MACD, RSI, candlestick patterns or price action.
• Her bir indicator kendi icinde ozellestirebilir. Ornegin RSI indikatoru icin parametre ayarlarini, kripto para cifllerini, yada zaman ayarini degistirebilirsiniz./size]
• 7 period secme – 1 dakikaliktan 1 gune kadar
• Hazir ve ucretsiz trading sablonlari
• 4 Stop Loss ve 4 Take Profit emirleri
• and ve cok daha fazlasi.

Automated Loop Strategy istatistikleri





Position Replayer araci





Asset Management Araci -

Create your trading plan, work on it and stick to your plan - Achieving consistency and discipline

It is fascinating to see it start to pay off once you patiently work on it! And I wanted to share some of the rules I strictly followed here. It might help other traders and might add some value to the community here:

• Systemizing the learning process
• Thinking on effective ways of learning.
• Build through small wins, not the biggest, but where's the easiest money for me to test and implement what I have learned
• I learned that I mostly lost profits and even ended up with losses for being too greedy for more profits and deviating from my trading plan.
• Set your take profit, and stop loss along with the right position sizing. Have a clear plan for what you want to achieve. (To learn how to set up your stop losses and effective position sizing, you can find it here.)
• Don't let emotional elements affect your trading decision and harm your long-term profitability. (Automated trading helped me greatly with this and also with my trading discipline)
• Set a risk limit for each trade, but also for a day/week/month.
• Determine the right position size and start small
• Increase the size of trades slowly if your account grows
• Lower size or switch back to paper trading if your account doesn’t.

Hey Guys, I have an article about how to set your stop losses. Here is a quick summary:

Full Article is here:

• What is a Stop Loss (SL)?

Stop Loss is an order designed to limit an investor’s loss on a trading position.

• Why is SL important?

Every time you enter a trade, you expose yourself to the risk of losing your capital. If you don’t use a stop loss order, you are exposing your entire portfolio to a loss every time you trade.

Stop loss defines the risk you are taking for that particular trading opportunity.

• Determining where to set a stop loss:

You are looking for an area, where your trade will be invalidated = where your trading idea is wrong.

Popular options are:

Price invalidation based on Support or Resistance levels – Identifying a price invalidation based on Support or Resistance levels

Stop Loss based on ATR or another volatility indicator – It shows the average volatility for the past 14 bars. The idea behind using it: “I better put my Stop Loss outside the zone of normal volatility to avoid getting stopped by normal market moves”.

Stop Loss based on the trend - There are many ways traders try to identify a trend and its strength. The easiest way to analyze them using Technical Analysis would be through moving averages (MAs). Whether you are looking at the slope of the moving average, its relationship to the price (being above or below the MA), price, or another moving average with different settings crossing it (fast and slow MA cross combinations) – all of these options can help you determine the trend direction.

Fixed PnL Stop Loss - This is generally not a very efficient way to place a Stop Loss, because the market doesn’t care what % of your account you are willing to lose. If you’re for example always opening a position with the same size and using the same, say 2% stop loss, it will get placed on price levels with no regard to the previous market movements, volatility, or anything else but your balance. This can lead to you getting stopped out a lot, even though the underlying signal might be good.

Trailing Stop Loss - This dynamic way of setting stop losses follows price. If you set a 5% trailing stop loss and the price keeps going up, the stop loss moves up with the price. It can be useful in trending markets or when the asset enters price discovery and traders don’t have known price levels to work with.

• Stop loss order types:

Limit orders - set a specific price and can be executed only at that price.

PROS:

In crypto: Limit orders tend to cost less than market orders as they are considered “market-making” (Maker Fee)

It guarantees the execution price

CONS:

This stop loss can be set off only if there’s an equal or bigger buyer at that price. You risk not getting your full position closed.

Market orders: set to trigger when a certain price is reached, but will execute until full position is closed – even if it means slippage (“eating through the order book”).

PROS:

It will close your full position

CONS:

The actual execution price may vary (due to slippage = defined by volume and how thin is the order book).

In crypto: Tend to cost more (Taker Fees)

Stop Limit orders - There can be even more niche categorization of limit orders.

• Executing your Stop Loss
  

Manually: Watching the price and manually clicking when the level is reached. Good if you are an intraday trader, and don’t leave open positions overnight. It is not good when price moves violently, especially in crypto, often you will not have time to react.

Automatic stop loss:

This is the more conventional way these safeties are implemented. In trading platforms cleo.finance you can set several simultaneous take profit orders and stop loss orders, close positions based on indicators or price movements, and set position sizes with a lot of flexibility.



Closing thoughts

Stop Loss defines your risk. The use of stop loss will ensure their longevity in the markets.

Hope you find this helpful.

Yes, I definitely agree. These templates should not be used by themselves all alone right away. This is like starting point for traders to start honing and developing their own trading setups. To show how technicals works

No, we are not an intermediary or any kind of reselling.
Cleo Finance is a financial technology provider. Taking the complex and fragmented financial tools, removing complexity, and making them available in one trading platform to all individual traders.

Traders can create their own custom trading conditions with advanced risk management, backtesting their strategies, automating them with no-code, comprehensive performance statistics, and a unique analysis tool where they can replay their every position in detail right in the chart. Research, analyze, and execute.


Not at all. We are a technology provider, not a market maker/prop trading firm. We do not resell your data in any shape or form and you retain ownership of your trading ideas.

As for personal data - we do not collect any. If you choose to sign up using google/facebook account, the basic data (email, name, last name) are stored securely on Auth0 - our authentication platform. When connecting to your exchange account we use solely the API key credentials needed. Cleo does not request and neither of the exchanges supported provide any data as to who owns the exchange account.

That is a great question.

The free plan is only for OKX users. Cleo.finance partnered with OKX via their API broker program. Within this program, cleo.finance receives part of the trading commission as a reward for the trading volume for managing to bring to OKX. 

And we also decided to share that reward with our users via the cashback program - traders can earn up to $6000 per month by just trading through cleo.finance. And the cashbacks are deposited directly to traders' OKX accounts.

How much is cleo.finance giving away?

Sharing anywhere between 25% - 40% of the trading commissions we receive from OKX with the users. The rest is used to improve and run the platform. Here is more information about this program.

Hey everyone,

Cleo.finance - an automated no-code trading platform - have some new updates. I wonder about the opinions and thoughts of this community about the platform. Any feedback and opinons are most welcome.  Here is the site for more info

Cleo.finance is an innovative crypto trading platform where crypto traders can automate their trading process. The trading platform offers crypto traders to create their own custom trading conditions with ever-expanding data sets, advanced risk management, instant automation with no-code, backtesting, comprehensive statistics, and a unique analysis tool where crypto traders can replay their every position in detail right in the chart candle by candle.

Traders can get started easily by connecting their OKX or Binance exchange account via API. And for the records: Cleo.finance does not have access to your funds and cannot withdraw your funds. The API connection can only be used for trading, and you can revoke it at any time. The platform does not accept the API connection with withdrawal permissions.

• Custom crypto bot creation in minutes. No coding is required.
• Fast and extensive backtesting tools with fees and transaction costs are included
• Typing your entry and exit conditions with up to 55 technical indicators, including VWAP, MACD, RSI, candlestick patterns or price action.
• Each indicator is fully customizable and independent. You can change parameters, assets or the timeframe it evaluates.
• 7 execution timeframes – from 1 minute to 1 day
• Fast execution speed with avg. execution delay is less than 300ms
• Trading templates
• Up to 4 Stop Loss and 4 Take Profit orders with full flexibility
• and more features.

Create your own crypto trading bot through simple typing




Automated Loop Strategy Statistics





Position Replayer Tool - Traders can replay their position history and position progress candle by candle





Asset Management Tool - Where traders can set multiple stop losses and take profit and they can also preview their trading setups on the integrated tradingview chart before placing their trades.



There are also programs where traders can earn additional cash while trading on cleo.finance!

With the affiliate program: Traders can earn 30% revenue from each purchase (forever) of their referees plus $100 for every Qualified user.

With the Cashback Program, traders can get paid up to $6,000 per month for trading with cleo.finance.

Looking forward for your feedback, thank you all!