7 months ago
Automated scalping strategy update #2
The bleeding market of today is the perfect occasion to stress test the strategy
➳Security: As it is fully automated, we have to use any type of telegram scanner bot; by checking the bot's reply we can ensure the token doesn't have any red flags. If anything red pops up, dont bother with this token.
➳ Momentum: make sure the token has been up by a significant % in the last timeframe (1h and 5min).
➳Volume: volume in the last 5min is rather important, you don't want to be left in a trade for a few hour to be dumped later.
➳Always adjust parameters to follow the market condition; you can lower the Take Profits if it's a low volume day.
Again, the insights gained by this fully red day are going to be extremely valuable.
The bleeding market of today is the perfect occasion to stress test the strategy
➳Security: As it is fully automated, we have to use any type of telegram scanner bot; by checking the bot's reply we can ensure the token doesn't have any red flags. If anything red pops up, dont bother with this token.
➳ Momentum: make sure the token has been up by a significant % in the last timeframe (1h and 5min).
➳Volume: volume in the last 5min is rather important, you don't want to be left in a trade for a few hour to be dumped later.
➳Always adjust parameters to follow the market condition; you can lower the Take Profits if it's a low volume day.
Again, the insights gained by this fully red day are going to be extremely valuable.
