"News Impulse" algorithm

"News Impulse" algorithm

Apitrade

The "News Impulse" algorithm in the futures and spot grid-bot "Hurricane" allows you to automatically open a long position and launch a high-frequency bot at the time of the publication of news about this coin on the Binance website (for example, about contests, competitions, listing of new pairs, etc. ), as well as on other sites and Twitter, such as when Elon Musk tweeted about Doge. The exception is negative news about delisting, etc. The bot will independently monitor the appearance of news every second. You need to select the pairs for which to track them and launch bots for these pairs.

To run this algorithm, it is recommended to use a separate sub-account of the exchange (or a separate broker account which can be created with one click in the section "Add exchange").

A large first order is recommended (for example, in the amount of 50-100% of the deposit), an upper stop loss from the opening price (for example, 5%), a stop loss at the maximum profit in order to close the position with a profit completely during the pump, without buying further at very overpriced and thus worsening the average entry price, and a lower stop loss behind the last low (for example, below the last 15 minutes low) to limit losses. It is also recommended to use a stop loss at breakeven. When an open position is closed, trading will stop, opening limit orders will be canceled and the bot will wait for new news on this trading pair.

It is recommended to enable the additional option "Buy not higher than the opening price" and indicate in the "if the position is less" field a value from a quarter to a half of the size of your first order. This is necessary so that the trading is not only lower, but also slightly higher than the purchase price of the first order, but when there is a small position left, buy orders above the opening price will be canceled so as not to greatly worsen the average entry price.



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