puppytherapy

PT Feeder - Upside Downside Volatility / Difference / Candlesize

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Please use it as you see fit. I will not block the code.

If you find a mistake just comment or contact me @Puppytherapy in some of the Discords.

Be aware that it sometimes takes time before Feeder / Profit trailer has the newest data the data you have in the grap are always up to date.

Detailed description is found here:
https://github.com/mehtadone/PTFeeder/wi...
Release Notes: I decided to add the possibility to change candle size if you are using different than just 15 minute data. Cosmetics but can help someone.

LTC: LYHj4WDN7BPu5294cSpqK3SgWSWdDX56Qt
BTC: 1NPVzeDSsenaCS9QdPro877hkMk93nRLcD
Release Notes: no need to edit candle size anymore
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So i posted this script to help people set the Addon PT Feeder for a trading bot Profit Trailer. If you do not own this the following explanation will not help you.
Open Tradingview add the script and select a coin you want to analyze for profit trailer. I appeal to you use this script with combination of your buying startegy indicators from Helmi. ( https://www.tradingview.com/u/Helmi/ )
Also dont forget to edit MinutesToMeasureTrend and select one or multiple of the indicators.( You should not be using them all at the same time !)

Upside Volatility
„The downside volatility is measured as the average change as a percentage between the open and low of the 5 minute candles over a period defined in MinutesToMeasureTrend. (Source PT Feeder Wiki)
If a coin is getting pumped or is just moving up you will see the upside volatility spike very rapidly. I am yet to see something useful for it on a graphs if you guys have an idea post it.

Dowside Volatility
„The upside volatility is measured as the average change as a percentage between the open and high of the 5 minute candles over a period defined in MinutesToMeasureTrend.“ (Source PT Feeder Wiki)
I am actually using Downside volatility to increase the efficiency ort he number of buys. If a coin has sub 0.1 volatility you should increase the buy_value and decrease the point where you také profits casue the coin is doing moves but becasue there is low volume you will not buy there with a -0.5 buy value.
Similar setting applies for anything below 0.2 but not that much just a little bit.
Around 0.4 – 0.2 i feel is the normal zone no offset needed.
If the volatility is above 0.4 the coin is in a free fall very often or is very very volatily. Either increase trailing buy drastically go sell mode only of whatever you feel like doing. I just rapidly incease buy offset.

Upside Downside Volatility Difference
„This is the difference from the upside and downside volatility. “ (Source PT Feeder Wiki)
You can use this in a similar fashion like i did with dowside volatility. But i am not using it at the moment might update you on it later.

Average Candle Size
„The average candle size is the addition of the upside and downside volatility. “ (Source PT Feeder Wiki)
I have seen a guy using this to eliminate pump / dump scenarios where he set anything above 0.46 is a dump and i dont want to participate. But i kinda feel you eliminate too many options this way where a lot of coins pump consolidate pump again consolidate. In the area where they consolidate is where you want to make a lot of small trades at least for me.

Sources:
PT Feeder Wiki - https://github.com/mehtadone/PTFeeder/wiki/appsettings.json---Offset-Groups
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@puppytherapy, thank you for the data, massive apologies, any chance you can explain this to complete newbies please? What does your script show/forecast? Many thanks....
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@sanjduke, sorry was a busy weekend wanted to post it later
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sanjduke puppytherapy
@puppytherapy, no worries! have a great weekend!
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@sanjduke, you too mate i posted a little explanation above ! hope it helps if not try finding me in discord !
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sanjduke puppytherapy
@puppytherapy, Thank you. Link? If possible. but don't post it if you can't. PM me
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@sanjduke, here scroll up there is one comment from me !
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sanjduke puppytherapy
@puppytherapy, got it.. Thank you!
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