video about bot - content

stop-loss and take profit bot for bittrex

Hi, guys

Crypto is changing the world and eveyone dreams about huge profit and risk free trade

Last months are crazy and nervious for everyone and very important to have instruments which could help you to get profit and sleep well, so we come up with decision - this is stop-loss and take profit bot for bittrex , which I believe may be helpful to some of you

I would like to describe almost risk free strategy for 1 coin, using a bot

Look at the example here:

https://www.tradingview.com/chart/VTCBTC/l0i5pdaK-VTC/

I examined the VTC coin and consider that according to Elliot it should be 5th wave from levels ...

Looking at cryptowatch i was following indicators and levels of buying and selling walls

The market is too risky, because of bitcoin too bullish ahead of november hardfolk

So if you look at tabtrader at my actuall tradings I tried not to put earnings at falling market and did a few buy/sell orders (here is the screen)

Even I did analysis and all indicator like MACD, all 3 EMA and Elliot told me about grow - I was too anxios. I'm sure that many of you after buying coins cheaking the price quite often, though this is distructive and prevent your from getting more knowledge about the market and from calm life. In case you are ok with that you are still put alarms and wait for good price to sell, but if you are sleep...

Of course there is easy way out: put several conditional orders on taking profit, but what if price goes up a little, face the resistency and goes down, below your buying and you don't have stopp-loss?

Or what if news on the coin influenced it exactly at the night time and when you woke up it returned back to your purchase or even lower? You could take profit, but instead you put stop-loss and lost money

this is dissapointing..

So - bittrex doesn't have simultaneously stop-loss and take profit

We did a bot, which put several take profit and stop-loss as well and bittrex

The only thing you need is to buy right coin in the right time and to set 4 sell levels for our Shigoraki bot.

The thing which worth to mention that the Shigoraki bot can used only for 1 coin from 1 computer. Why not for several simulteniously? the answer is that it wouldn't be as fast as it should be and in case if bittrex under big load it can cause mistake, with one coin the mistake is impossible and the Shigoraki bot can take the best price even on fast market.

there are features which bot has:

a) you can allow the bot to use only part of your depo in the coin and test it

b) Besides you will be informed in your telegram if any sells on your levels occured.

c) you can turned it off anytime and turn on againg with new levels and the same coin

Shigoraki bot can be used for your midterm or shortterm investments, the logic is:

1) you analyse the coin or get the price from someone and buy

2) you need to know only how to build fibo grid and levels of support/resistency

3) on the 1-st and 2-nd levels would be sold 30% from your primary buy volime

4) after the price reached 2nd levels and got back to 1st level - it will but more coins - 30% from your primary buy volime

5) 3rd level - it will sell out everything

So - it will allow you to have risk free trading in case you was right that coin will increase for at least 5%

These is 2nd use case with small difference, just imajine that because of fast market - you got urgent decision and after your buying the price already reached your 1st level and price is higher.

In this case you put 1st level as it was planned - in case it goes down - it will sell 30% from your primary buy volime to inrich you ( and not to allow to lost any gotten profit if price continue to decrease), after that it continues the above logic: again after 2nd level if price goes down it can buy more at 1st level.

Here is the screen of my LMC trade with Shigoraki bot prototype (screen with levels)