How To Build a Cryptocurrency Trading Bot with Python [Part II: Trailing Target Profit]

[@Gukzilla]

first

[@Algovibes]

Thanks for watching mate

[@ionutoceanu1434]

Very usefull example and very good set-up. Keep doing this kind of content from time to time even if not many are interested yet.

[@Algovibes]

Thanks my mate. I am doing this for nearly 3 years now and I will not give up :-) Still believe in the light at the end of the tunnel! Thanks for your motivating and appreciative words!

[@philipstray]

I programmed this into a grid bot. Backtesting with ETHBTC raw trade data for a year I reached 38% profit from 24% without the trailing profit. It’s pretty good!

[@Algovibes]

Hi Philip, sounds good. Thanks a lot for sharing! Which entry did you pick?

[@dennbauer]

Great Video again! Idea: instead of setting the deviation line to a fixed 1% I experimented with a more dynamic setting. One idea is to use the ATR (Average True Range) to adapt it to market volatility. Thanks also for linking the Article which explains it very well.

[@Algovibes]

Thanks! Also great idea, thanks a lot for sharing.

[@ionutoceanu1434]

Hello guys, I’m also experimenting with atr linked to lows and highs like in ATR SL Finder on TradingView. So far this solution works best for SL. Dennis, how did it work for you ? Did you manage to implement a viable algorithm?

[@ghazanferali366]

Really waiting for the third part of the video

[@Algovibes]

Thanks for your comment mate. I want to give these videos some time!

[@danieljablonowski2727]

Great video! When can I expect the third part?

[@Algovibes]

Thanks a lot Daniel, I want to give these videos some time. They didn't attract my audience but maybe with the time! Decided to leave it as it is for now. Anyhow I plan on constructing a Trading bot using a Trailing logic so definetly stay tuned!

[@kennithsmit2356]

Thanks for great video. Content is great as always. Not a good time for testing🤣 I had to stop and start a few times because the price is just dropping and droppppppppppping.

[@Algovibes]

Welcome mate, thanks for watching! :-) That's right. At least long only bots should stay out of the current market currently tho if set up properly.

[@flydr2]

Thanks for an other great video

[@Algovibes]

Thanks a lot for watching Marc!

[@joearcuri3377]

great vid as usual..

[@Algovibes]

Thanks buddy :-)

[@alfer1876]

Nice instruction. When comes Part 3? Grüße🇩🇪🇳🇱

[@Algovibes]

Thanks buddy. Unfortunately probably not at all. Seems to be an irrelevant topic for my audience. But there will be surely similar topics covered!

[@hanjaeduc]

Danke^^

[@Algovibes]

Bitte :-)

[@DD-ln7lc]

Hi thanks for the video. Nice content and Always nice explaination ! Could you make a video doing a ETF tracking the 20/30/50 first crypto ? I think it will be robust to Bear market and profitable in bull market 🤞

[@Algovibes]

Hi man, thank you so much! I did something very similar here: kzbin.info/www/bejne/g52ZfYh-Z9yrncU Let me know if this is what is at least going in the direction of what you are looking for!

[@DD-ln7lc]

@@Algovibes Perfect i didn't know ! Thanks. I will do modification to have the index proportionnal to the market cap of each coins

[@Random_work822]

for some reason the dev line is moving as well can you help ?

[@Algovibes]

hm, can you give me more background? Been two years since I recorded this, where do you get stuck?

[@Love_Single-Eyelids]

binance futures : how do I getting liquidation price or calculate liquidation price from open positions?

[@OPPACHblu_channel]

Liq.p = entry.p +/- entry.p *(1/leverage) - : long position +: Short

[@hardbass_crew_hauptschule8236]

good video, i enjoy the coding content, but man. Most of these comment here are trash, what is going on? Feels like under every video that is mentioning crypto theres 100s of bots shitting on the comment section with nonsene

[@Algovibes]

Hi man, thanks a bunch for your comment. Happy to read! The Problem: The moderation of comments is taking a lot of time. I have more than 100 videos which are basically ALL getting bot raided. It's simply not possible for me to keep it all clear but I am trying my best.