This package gives you access to all algo’s & settings for multiple timeframes and pairs in the discord.
The Degenbot algo is highly customizable with the settings in tradingview. The standard settings are optimized for XBTUSD on the bitmex exchange. The algo’s also perform well on other exchanges. But because the price action on every exchange is a bit different (bigger wicks for example) its often better to play around with the settings a bit.
The Degenbot 15M algo is an advanced algo that combines different methods to determine the trend and give the best trade signals. It will not repaint and has various alerts to automate it fully.
in the period of 2019-08-17 to 23-11-2019 it had a ROI of 350% including 0.15% fee’s.
The Degenbot is highly customizable with the settings in tradingview. The standard settings are optimized for XBTUSD 15m charts on the bitmex exchange. The algo’s also perform well on other exchanges and currencies. But because the price action on every exchange is a bit different (bigger wicks for example) its often better to play around with the settings a bit.
The 15m algo relies on the build in range filter. It catches wicks up or down right in the move.
See below the overview of the algo, the settings and what they do
The algo consists of a few combined methods:
- Range filter. This filter determines the range. It consists of
- Filt line (the line in the middle of the range
- SL above price (filt line + SL)
- SL below price (filt line – SL)
- Wick fisher
- This code searches for nice wicks to fish. It uses the SL above price and SL below price + price action to place longs or shorts when it wicks under or above the range.
- Voladity filter
- This algo is used to see how much the market is moving. This is used to only wickfish when the market is quiet.
- Supertrend filter
- The supertrend method determines the higher level trend to see what the market is upto. When the Filt line crosses the supertrend action is coming. Can also be used as a soft stoploss.
- Pump and dump filter
- This filter consists of a combination of range filter and price action. It is meant to go short or long on the right moment on a fast pump and dump. (big price actions).