TradingView
jerbear45
May 16, 2018 3:34 AM

From the ATS Vault of The Zapperman - Strategy #103 - "Grandma" Long

Neo / EthereumBittrex

Description

Clearly, a VERY BIG movement is coming - Alpha testing ATS took 50 ETH position, meaning it was the strongest signal possible for this TF.
So, I matched it with another 50 ETH.

Recommendation - BUY NEO_ETH NOW!!! Its in consolidation period, try and buy while the stick is breaking lower BB with period of 14 and Standard Deviation of 2.3.
Strategy #103 of 420 (H2/H4 TF) encompasses the following technical indicators and some custom numerical analysis for the predictive coding part as an internal benchmark against the tech indicators extending forward and looking for both entry and exit positions. Once the signal triggers a buy/exit detection, it runs my latest numerical analysis cocde to verify its integrity, and soon will go through even more benchmark testing via SQL in real-time. Timing of signal path from detection to ordersend() or ordermodify() is negligible - we place limit orders only, no market orders...Market Orders are how the Dealing Desks disguised as Brokers can screw you over every time. At least with limit orders it keeps everyone more honest, unless its FOREX broker-dealer, then prepare for dark liquidity to steal your money, and suggest you record every single trade you take, the spread at time of entry/exit, EVERYTHING so if they screw you over you can threaten to turn them into the CFTC and hopefully you get reimbursed for those trades. Been there done that, way too many times with these crooked thieving liquidity pools, and never again!!

i) Interacting Radial FIBO, FIBO Retracement, FIBO Channel (Done)
ii) Trend Angles (Done)
iii) Pattern Recognition (Done)
iv) Predictive Coding Numerical Methods using Interpolation, Non-linear Regression Analytics, and Extrapolation (Done)
v) Benchmark Testing to verify signal and Assign Signal Strength Index (Coming Soon - under development)
vi) Advanced MM algorithm allowing for various TP, SL amd TS distributions (Coming Soon - under development).

I hope banks keep there trash on the FOREX and never infiltrate the Crypto markets, although, I feel that it is coming, as of now, we still have fair trading happening on Crypto and it is literally like taking candy from a baby and everyone makes money buying or selling. Just be on the watch out for the banks, they will steal from you at every chance they can take, and typically they get away with it because many traders do not even realize they have been robbed. Or, they just never send you your money - somehow someway they get away with murder because they dont have to disclose anything, DARK LIQUIDITY meaning level 2 data is hidden, and the banks wait for everyone to line up big bucks going in a direction, then come in and throw billions just to try and get as many accounts stopped out as possible, and walk with the $. LET"S KEEP CRYPTO EXCHANGES FREE FROM BIG BANK BS! WE DO NOT WANT OR NEED THEM FOR ANYTHING...EVER - THE WHOLE PURPOSE OF DECENTRALIZATION!!! :) I believe we can all make it in this world without them ripping us off and funding their big bank exec bonuses they take which is our money they steal. We all know this, I am just reiterating as its only a matter of time before REALLY BIG MONEY hits. I suggest when that happens, ride BTC up to 100K,. sell, and get your BTC/ETH/ LTC/XMR/etc off of the exchange before you lose your ass trying to defeat their algorithms on when the market pulls back...I have beat them in FOREX, actually crushed them and when they did not like losing, they just blatantly steal your money out of your trading account. If you are trading anything but Crypto, be careful, as they are hungry since many have turned to Crypto, and leave a hungry hyena with nobody to eat off of, first sign of it, they will sneak up behind you and chomp you in half.

Zapperman

Comment

...and pop goes the weasel...or better, The bulls gave their first poke with their horns! See very recent NEO breaking above resistance, could pull-back again, but what goes down, must come up and vice versa...how these markets work - in waves! Curious to see what this first little pop does and how long it sustains. Could be a teaser, could be a nice journey to the moon, who knows, regardless, hold NEO position as its only the beginning of this rally.

Comment

In case you missed the first entry for NEO, a new buy signal just appeared. I will also soon be publishing, as promised and requested by several, one of my scalpers on the M3 TF for NEO_ETH. Often times when I take a "Grandma" position, I scalp the ups and downs with a much more aggressive and higher frequency ATS. That is how you maximize profits for any particular chart. Remember, each exchange requires you to tweak your parameter tunings even for the same chart and timeframe, they are very different ion their sets of optimized parameter settings. If you develop your own ATS in pine, and tune the parameters for a particular exchange, for a particular chart, for a particular time frame, then having the same chart and time frame under a different exchange would cause your ATS to not perform as you expect because you need to dive in and re-tune the parameters. Something I learned the hard way a few years ago. So pay attention to which Exchange I am posting these ideas on - I think most of them are Binance or Bittrex, but one or more future ideas I publish could be Poloniex, Kucoin, HitBTC or Kraken. Rally on!! :) In general on anything > M30 TF, it is probably ok to use a signal from one exchange for another, but for anything < M30 TF (e.g. M1, M2, M3, M5, M15) do not place trades on any signals I migfht post if on a different exchange. I have these tuned for every exchange, so just reach out to me directly and provided I am not trading oer monitoring the bots I build at that time, I should be able to get back to you within the window of the buy signal. For exit signals, I will post those here also, but we still have about 60 to 70 days for this NEO ETH signal on the H4.
Comments
skyzacrypto
WUT
jerbear45
@skyzacrypto, Thjis is one of several hundred ATSs I have developed. Would be happy to discuss with you over private chat if you have any questions related to the strategy. It is a powerful set of indicators, and I wish tradingview would allow for some of the trade conditions I typically setup, however, at this point in time, pine is a bit limited. What we need is a real SDK allowing devs to hack in their own C# and/or C++ code and use custom indicators as opposed to being bound to the static indicators that most traders use. Dynamic indicators are the only way to go, as markets are dynamic, so should be the indicators. Under MQL this strategy is a >90% winner non-stop on any chart and any timeframe provided the parameters are optimized for each chart, each timeframe, and interesting as it maybe, also for each exchange. An XMRBTC chart on Binance with its optimiized paramter tuning is very different then the same chart, same timeframe, on Bittrex. Why that ios I have no idea, but it is what it is...
CryptoTaoist
Is the trade still valid?
jerbear45
@CryptoTaoist, Just looked at Neo and its been in a very long consolidation period. Trade is still vaild, but watch the chart an be sure to pay attention to the lowest ask, the highest bid. A good time to place a trade is when stick is going down, then ticks up on first tick quickly doa calculation, by taking the average of the highest bid and the lowest ask (somewhere in the middle) and set your limit order there for the buy. Then once filled immediately jump in and set TP levels in a staggered approach - easy way is linear, but often times I will use an exponential stagger of sell limit orders. Remember, markets move in waves. One time I took a trade that dropped almost immediately after by -15%, then jumped up to +45% a few days later. Don't panic just because a trade goes in the red for a bit. If you see a definitive trend downward, then you can either a) add to the trade using a martingale system to bring the overall merged -x% up, or you can always split a trade up or sell a portion of the trade if you feel the risk for the initial amount is too high. Typically i use a revised martingale approach of tripling up for every -7.5% in the opposing direction. For example, say you place 1 BTC and it falls 7.5%. I will then place 3 BTC. If it falls another 7.5% place 9 BTC, then 27 BTC...the key to understanding is what you set the X value to and that has alot to do with the ATR at that time. Doubling up can cause a small loss once it reverses direction, tripling up almost always gives a healthy profit, however, setting stop losses or trailing stops (only after it is in profit) is not a bad idea. Also, when looking at winning versus losing trades, you have to look at the combination of all trades merges and are then sum them and if it goes into profit, I typically will do a close all, and wait for next signal. This way you win almost always. It looks like NEO could pop anytime...could be in next 30 monutes, could be in next n days, but its been in consolidation long enough for the bulls to sharpen their horns and start to drive the market upward...
jerbear45
@CryptoTaoist, Shortly after I wrote this to you NEO made its initial pop for the longer ascent journey. With volume being super low, it is surprising to see such a large pop even occurred I expected it could take a bit longer, but knew it was coming from the dynamics of the market and former pattern recognition. I hope I responded to you in time and you got in for NEO. I sold approx. 25% of my NEO position for nice healthy profit which reduces risj when upside comes in the short-term, scalp its ups and downs to at least double your initial investment using a scalping bot on same chart just a different timeframe concurrently, then you can rest assured even if market reversal occurs and you panic and close the position in the red, you are still in profit. Of most importance with any "set of trades" is that the sum total of all combined trades > 2X ROI minimum. Example - scalping NEO, and taking 25% of my position at the peak of the initial pulse, I made around 3.5X ROI in under 6 hours timeframe, which more than compensates for any potential losses that could occur should a massive bearish movement occur. If you can do that, you will be a solid trader, and sometimes that means taking a bit more risk as opposed to being in accordance with professional trading money management standards, other times, itr means taking less risk, and that is why we use intensive technical analysis and a little gut instinct that comes with experience and to take our emotions out of the picture and let a bot do that mathematics in the background. Too often I see BIG PANIC happening when we see big sell-off drops. If everyone would just try and keep their psychology calm, realize that a market can move from +10% to -25% to +50% to -100% to +400% and so on, and NOT SELL IN THE RED or BUY IN THE GREEN!!! When I see inexperienced traders doing this, its a doorway open like stealing candy from a baby. Use self control, think, don't over-react, and take deep breaths, or you will undoubtedly make big mistakes based on jumping the gun trading moves. As with Skiing, we dont start off ripping bumps or schralpin' steep tree chutes (equivalent of a scalper), we start off on the "bunny" or what I call "Granny" slopes. Same goes with trading, I hear so many of these kids out there talking about wanting the 5% to 10% in 10 min signals, well, then you had better keep a bottle next to you to piss in because you NEVER leave your screen even when my bots are running I am glued to the charts with a HFT. So, until you have enough experience to where you have lost your butt and learned what not to do, and that only comes with A LOT of time trading, stick to the M30 or H1 timeframe or higher, and steer clear of looking for the quick hits. Eventually you will get one, everybody does, and more often then not, just try and not go stir crazy when you see poppers happening and chasing the aftermath. Stick to 30 to 100 day window trade positions, with a solid strategy that matches your level of experience trading, alongside the time you have to literally devote to never leaving your computer screen. I have friends that come over and bring me food otherwise I probably would never eat...especially when running HFT bots. Hope some of this helps you to become a solid trader and you make healthy profits on the crypto markets for years to come. One day, I hope the Cryptos do bigger volume than the FOREX, and without the thieving dark liquidity pools that hide level 2 data illegally, then screw us over.
jerbear45
Does anyone know is there a way to turn off "auto-hyperlink recognition" which should not be on by default, prior to posting?
More