SaltSugar

BTCUSD Buy (hybrid algotrading)

Long
SaltSugar Updated   
KRAKEN:BTCUSD   Bitcoin
It's been a while since I've posted hybrid-trading stats (phase 1: 30 trades):

- time period: 72 days
- overall net profit: +6014
- winning/losing trades: 18/12 (6 of them closed near 0)

- total runup: +11219
- total drawdown: -5205

I had to take a break due to considerable upgrade of Bipoon platform (devs said they released Neural Network module specifically designed for trading and relocated all internal algorithms on client side). Users now can optimize all the algorithms on their side, and as a result, make them custom. Additionally, we can now generate Neural Network-based algorithms! I'll try and post results later.

So, let's get back on track.
Now I can choose betweem 5 algorithms. I've tested Hydrogen and it generates 2-3 signals/month after my optimization. So, I'll change it for another one based on algorithms tests: Flourum. This one seems really good!

The logic will be the same: make a trade if at least 2 out of 3 algos are on same side.

So, Phase #2 is LIVE now:)

Trade #1

1) Flourum generated BUY signal @9152 (Lithium - buy and Helium - sell). The trade was opened automatically by Bipoon bot.
2) TP 1 - 9435 (close 50%), SL - 8875

We have a strong weekly resistance at 9500-9600 approx. Have to closely look at price action on this level. On higher TFs (H1-H4) BTC seems to go down and test 8600-8700. So, I'm consider this trade as intraday with a tight SL.
Trade closed manually:
Flourum discarded BUY signal. Other 2 algos, Helium and Lithium, are on SELL side.
Btw, Helium and Lithium have 100% of the time an opened position (buy or sell). But Flourum can stay on the sidelines sometimes (and it does it now).

I'll better close this position, because my view is that the price is in the tight range and the probability of both moves is 50/50.

Trade 1: +68
Comment:
Almost hit the target. Statistically, Flourum is a pretty effective algorithm:)
Comment:
Heh, the down move is much stronger than I expected! But if you reverse BTC chart (1-BTC), please tell me, would you but this parabolic move???
Comment:
*but = buy
Comment:
Bipoon has completely shifted to Neural Network bot trading. As of now, neural nets are focused mostly on intraday, that's why it's pretty tough to post signals and trades here. Probably, will post trades when there'll be extraday type of Neural Net.
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