Pyramid
Custom pyramid strategyHi all
I want to share a new approach I have been trying for the past year with great results.
Normally I would try to create a script that would create 100% trades, meaning that each emittet alert would sell 100% or buy 100%. I fell in love with the pyramid strategy because this keeps you in the market as much as possible but I was still missing something. In a standard pyramid strategy you would buy at several levels and then at some stage sell it all. And that works great in most situations but I saw several times that selling all could end up throwing you off the market at an early stage of a bull run. So I created my own custom pyramid strategy where the percentage of both sell and buy orders are based on volume and other indicators.
The percentage is calculated to be exponentially rising if orders of the same kind happens concurrently and then if an alert of an opposit order should emit then percentage of that order is calculated from the position in the major trend + the volume at the certain time.
This enables me to stay in the market and not miss out on major jumps. Granted that I might not have everything in the market at all time but I am never missing an opportunity. So I guess this is a matter of temper/risk at least. :) I prefer not having risked it all at once. How do you prefer to trade?
I have published a script to show the results from my findings (click the image below). This script shows how it works with BTC but it can be fitted to work with most of the major coins. It works best with the major coins because of the volume.
NOT CONVINCED BY BULAS SCAMTHIS pump was probably a gift for asian market ok, imagine waking up with money for christmas gifts.
DOUBLE TOP 8.8 ekek.
knife cut showing a formation of a new cycle that start with dump, soo mini trend weakness.
Indicators used
KEANU REEVES
KNIFE CUT
Bitcoin - By The Eye Of SaturnSaturnians rejoice. I beseech thee: Go unto thy exchange. I would call this cosmologically oversold.
BTCUSD | Illuminate confirmed!!1Taking a a look at previous price action of BTCUSD we can see a clear symmetry between the current price and the price when the ICO initially was launched. The 120 EMA is a clear uptrend converse to the bearish action during the March - April EMA.
Taking into consideration BTC has continued to follow this consistent pattern of rising to the next fib line, resting, and then continuing onto the next highest/lowest.
Trying EOS again on a pyramid orderMy last trade I entered at $5.80 and $4 for 35% and 65% of my allocated capital. Let's try this again since she looks pretty strong.
Late to post, but pyramid play on EOS/USDPyramided on the way down at good support levels. Will keep trailing the stop just in case BTCUSD loses strength.
Jus' sayin!I'm not making any suggestions that this may be a Pyramid Scheme, nor that this whole cyrpto market is being controlled by "you know who"!
I'm also not calling a top anywhere.
I just had some extra time on my hands and decided to draw and sketch a little?
USDCHF possible 1:10 risk reward pyramiding SetupThis setup is possible to make a good 10 times reward with pyramiding strategy, look for those three SELL STOP level with one clean TP target
EURUSD - Short Adding another short position to EURUSD
-Pair still in a downtrend
-Previous low was broken
-Had a small retracement
-Going for 1.15
Facebook update: Back in the buy zone for long term holdFacebook: If you're not already long of Fb because you thought you maybe missed that boat, you're wrong. This has so much further to go but only about $1 downside from here. Last change to get long or pyramid winning positions from current levels.
