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Algos

Daily Set & ForgetDear traders, We spent the last 8 years Researching how Financial Derivatives behave. We built a financial model that applies Universal Equations to model any instrument into 9 states. Those states are the steady trend (1), the reversal (2), the strong trend (3), the super trend (4) and the flat market (0). We then calculated the second derivative of the model and used it with momentum to work out where price is heading next. We wanted to avoid paying commission on our trades so we only review our portfolio at the end of the day or at a specific time each day. By minimising the commission costs we have become far more profitable. A strategy that makes 200% in 10 trades is better than a strategy that makes 200% in 200 if the commission cost on BitMEX is 0.4% all round trip. Coming from an FX market background we have always preferred diversification - rather than only trading XBTUSD we opted to trade all 8 MEX contracts. For example if we have 10 BTC in our account we will allocate 10% for each trade as the initial margin. We use 10X leverage on our trades but only invest 10% of our account - some of our trades will be long and some will be short. Very rarely we are completeley long or completely short. 6/8 of the BitMEX contracts are relative to XBT so the movement is also not as much as the USD markets when levered. We keep our stop losses at 5%. Typically once trades have gone into profit BitMEX automatically delevers them - so our trading margin on our whole account is usually 5X. Our results from 2018 and 2019 show that we can generate about 10 to 35% per week on average. With some weeks in October 2018 generating substantially more depending on the volatility of the market. As a rule of thumb we make 10 to 35% every week. I am 100% against 'drawn in' analysis - unless the author can create a Financial Model or a mathematical theory or proof that can be shown to generate abnormal returns from atleast 1990 to 2019 on the 4 main assetclasses (FX, Equities, Commodities and Bonds). TA strategies consisting of ( Trend Lines , Flags, Pennants Fib Retracements, Elliot Waves etc) can be coded into the TradingView platform. I do not believe trading is an 'art', I believe it is quant based with many Wall Street Hedge Funds running the show such as Two Sigma, Bridgewater Associates and Renaissance Technologies. The 'art' of technical analysis was something which was invented in the 1920's. We are now almost in the 2020's. Drawn lines on charts were first invented in the Roaring 20's - this was prior to the Digital Age. People would collect quotes and plot them by hand on paper back then. As Technology advances further and further the TA you are learning is will prove to be obsolete. On our website we have two free downloads - Empowering Futures and Getting Started. The first one is about our story and who we are, while the second one shows you where to begin and what you need to do. If you have any questions don't hesitate to DM us. We only trade the 1440 for crypto and 770 timeframes for FX, Commodities and Stocks. 2018 to 2019 Results: 5927% XBTUSD: +70% ETHUSD: 363% TRXXBT: 184% LTCXBT: 15% EOSXBT: 343% BCHXBT: 496% ADAXBT: 414% XRPXBT: 120% Best regards, Grey Trading UK
by GREYFXEMPIRE
AFTERPAY LTD Wave 3, 4, and 5AFTERPAY LTD Target for wave 3: 1.618 measured move of wave 1 Sell/ Short entry: $43 Stops at $46 Target for wave 4: .382 retrace of wave 3 Buy/ Long entry: $31 Stops at $27 Target for wave 5: 1:1 projection of wave 1 taken from low of wave 4 And -0.236 (Algo Target) of wave 3 Sell/ Short: $50 Stops at $52 This is obviously projected from targets we don't have yet so this may need to be altered. However AfterPay has been trading very technically perfect so one can always hope ;) DYOR. Not Financial Advice Just an Observation
ALong
by TribeWriter666
Brace for impact. #1Welcome to everyone interested in the Ripple coin! I'm expanding my analysis upon this instrument as well(see my BTC posts). This idea is the root idea every other post on Ripple will be related to. I base my TA on the widely known Elliot's Wave Theory (influences as well: Prechter, Voronin(ov?), Frost). The base wave map will be carefully analyzed and all the predictions made are going to be based strictly on the scientific statistical approach. No voodoo-doll TA, strictly facts and well-reasoned targets, only academically accepted theories and methods. At a glance we have in our disposal a very strong position potentially forming: the observable xyz(w)xyz(w)xyz correction wave model is now almost fully formed(the very last z(+Z) wave is being born right before our eyes). The very same correction model has just ended (as I believe, no promises, of course) for the BTCUSD cryptopair. Look at this picture: If it is indeed the point of the oversold state manifestation, we will soon see new 1-2-1-2 groups of accumulated waves popping out on every timeframe, and the rain of the divine bullish rally will drop on us without any remorse towards the sleeping bears! This is just the first chart published in a series of charts related to the Ripple coin. Fire the "Like" butt., if wanna hear more ideas from me) Peace, love you all, God pump the Ripple! Please, feel free to ask any questions :)
Long
by orbborisson
1