• #2968
      ratimbum
      Basic

      Last but not least. Keep in mind that when you short in futures your risk extreme goes from 0/infinity (1x long) to 100%(1x short) . You really don’t want to be shorting on leverage when the market is this volatile. (Funding fees can also eat up your equity and reduce that extreme dynamically)

    • #2967
      ratimbum
      Basic

      Also you can use this script on alts, as long as you use a take profit aswell. I spent the last 3 days running 3 + 6 weeks backrests on all bybit sets. The results are very good but a take profit is necessary.

    • #2966
      ratimbum
      Basic

      Hi,

      From a technical stand point this script is fine to use with leverage.

      However, risk management is an ill studied subject. At the moment bitcoin is doing 5-10% intraday movements alts doing 10-50% intraday. If you lev 100x and your stop loss is of 1% you will get liquidated sooner than 1% bellow because of the minimum margin retention:
      10x lev =

      1% stop loss -> 10% loss of capital
      5% stop loss -> 50% loss of capital
      10% stop loss -> 100% loss of capital

      This is not a market that is apt for leverage when intraday swings are this extreme. Personally, I think you want to stick to 1x right now and not give in to the temptation of leverage.

      What concerns this specific script; you can see on the chart that the stop loss is 1-2% however, the conditions used in the script are “continuous”.

      This means that if stop loss gets hit, it will immediately re-enter after it got hit and set another stop loss at 1-2% so you should really plan around the bottoms coming after the stop loss getting hit a couple of times. (Think 5 times or so. If it gets hit 5x at 1% and you are using leverage 2x that is still a 10% loss of capital! (You can win 1000000000000000% in profit but it just takes a 95% loss to get you liquidated!)

      The way I mediated this is to use long time frame from 30 min+ (Sweet spot is 6 hours) since Haas will always wait for the next period even when using continuous indicators.

      Personally; would not use leverage beyond 2x the returns on this script are insanely good without the risk of leverage; no need to get greedy when the market is this volatile.
      Stay safe πŸ™‚

    • #2960
      ratimbum
      Basic

      6 Hours Time Frame with 1% stop loss with 2% growth -> 47% Profit in the last 8 weeks! Monster! πŸ™‚

    • #2802
      ratimbum
      Basic

      I keep getting ghost orders at the extreme of the ranges :/ Anyone else having the same issue?

    • #2507
      ratimbum
      Basic

      Also right now the stop loss can be reduced to 1.8% sometimes much lower depending on the volatility of the market at the time. πŸ™‚

    • #2498
      ratimbum
      Basic

      Ok so turns otu I have made a mistake in this script. Exit was not being used. However, the good results show the power of the SMA. This script is still useful for Entry and Exit on different TIme-Frames but sub-optimal in temrs of number of blocks utilized. My V2 scripts fixes my original idea .

    • #2472
      ratimbum
      Basic

      https://www.haasscripts.com/t/kobalt-supermishmash/ Try this on πŸ™‚
      Tired now, but will get back to you tommorow πŸ‘

    • #2484
      ratimbum
      Basic

      I just re-uploaded it. I made a mistake and indeed uploaded the same one twice haha
      Its fixed now! πŸ™‚

    • #2475
      ratimbum
      Basic

      Hey I saw your comment yesterday didnt fully undertstand on second read I got it now hahaha Indeed I ussed input signal management however you are right there are too many input fields and causes eeverything to go much much much painfully much slower. Owuld be nice to have a custom command that reduces it. Another fix i have used is just to change the weights so you use input signal management weight. Assing weight of 1 to each but put long = 2 short =2 and exit=1 as RSI based indicators only go long and short and do not trigger an exit the result is similar. If you do make a CC for signal management I am very much interested and looking forward to it πŸ™‚

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