Algorithm "Meteor" - automatically short the weakest coins

In the control panel of USD-M bots in the futures and spot bot "Hurricane" there is a free screener for users with icons in the form of one or more meteors in front of the coins - this shows the weakness of the coin at the moment in relation to other coins, as well as to BTC and ETH . In addition, there is data on the rate of change in the price of each coin over various periods of time, as well as on the rate of growth or decline in trading volumes for the coin. The data is updated in real time and is taken into account when assigning meteors to coins. If a coin has 1 or, especially, several meteors, this means that it is now especially weak and is recommended for running a short bot with a stop behind the last high (for example, 6, 24 or 48 hours) and with a stop at the minimum profit.

Automatic mode for buying the weakest coins:

If you run a short bot on a coin with the "Meteor" algorithm, then as soon as the coin has the meteor icon and the corresponding funding value, the bot will open a short trade and start trading, placing a grid of sell orders above the current price and (after opening a position ) orders to buy below the current price. If you do not want to wait for the first limit order to be filled, then check the "Market" box next to the "First opening order". It is recommended to select the bot settings in such a way that the loss from stop losses is less than the potential profit. In certain periods of the market (when the entire market only grows for a long time), this is impossible, therefore it is recommended to run the Meteor algorithm only when the whole market is falling (in particular, the Fear and Greed Index is steadily falling).

The Meteor algorithm has several settings that the user can use:

1. If "Meteor" disappears - market-close when PNL is more than (in USD or in percentage terms). If nothing is specified in the field, then the system value ($3) will be used. If you have a significant deposit and order size, then it makes sense to enter a larger number in this field.

2. Run only on a meteor shower. If the setting is enabled, then when one meteor appears, deals will not be opened.

3. Max daily price fall, at which to open a position. If the fall is stronger than the specified one (for example, the coin fell by 20%, and in the settings it is 15%), then the position will not be opened. If the position was already opened at a less severe fall, then the bot will continue to trade as usual until the position is closed. If nothing is specified in the field, then the system value (indicated in gray) will be used, therefore, with a larger daily drop, deals will not be opened, even if the meteor icon is displayed for this coin.

4. Time-out. You can set a delay after which the bot will start again on a star after closing a deal on the same coin.

5. Minimal funding. Funding shows the mood of the crowd: significant negative funding (for example, -0.08% and below) means that the price on futures is significantly lower than on spot, due to the fact that the coin is being actively shorted. At such moments, the probability of a sharp upward candle (short squeeze) is most likely due to the cascading liquidation of shortists using high leverage. If nothing is specified in the field, then the system value (indicated in gray) will be used, therefore, with a lower funding, deals will not be opened, even if the meteor opposite the coin is displayed in the table of USD bots.

Be sure to set General Limits to mitigate risk.

It is recommended to use the "Meteor" algorithm together with a single anti-liquidation and a dynamic limit on the maximum number of positions. Also, be sure to set the limit on the number of simultaneously launched bots for Meteor.