Following on my previous post about greed in algo trading, some of you might wonder what is a good realistic target then. I will share my own algo trading approach. Be aware that none of them are based of any…

While the ideal scenario is to use one wallet per bot, it’s not that easy to have multiple wallets in one exchange account. Some exchanges might give you free access to sub-accounts (for example bybit and kucoin) so you can…

A common “issue” faced by new users is ignored entry or exit signals. There was no trade being opened or closed lately, but when they checked frequi, they would see entry or exit signals few candles ago. They would then…

…is Greed. Personally, I found that greed is the main cause of failure of many strategies that attempted to survive long-term in the algo crypto trading world. I’m specifically talking about the target profit greed. Over the past 3 years…

That is the most-used excuse thrown by unprepared users when their bots are burning (in a bad way). Yes, the market might be bad, but your strategy is already bad in the first place. The “bad” market only expose your…

Warning!!!Using this snippet can introduce significant lags on your entry order placement due to the need to loop through all pairs, which means more pairs in the whitelist will result in more lags. For this example, I will only trade…

There is no such thing as “warming up” time. After the bot finished starting up, it will fetch all the required data (all pairs on all timeframes) from the exchange, calculate the indicators, and check for entry and exit signals.…

Below are required data multiplier to avoid recursive loop issue. For example, EMA need 3x data, which means to calculate EMA with length of 200, it needs at least 600 rows of data. Note: the list below will be updated…

There is a belief in some users that if their pairlist contains more pairs, it would bring more profits. A simple analogy is that if you have $10,000 balance, trading 200 pairs with $50 stake each will bring more profits…