thetradingparrot

New Binance.us bot: Juvela (a 70% Amika port) (Patreon)

Published:

2021-02-13 18:41:53

Edited:

2021-10-08 00:16:27

Imported:

2021-10

Content

Amika is a great bot (and Venka too).

It's bullish on the following pairs:

USDC_ADA, USDC_BCH, USDC_BNB, USDC_BTC, USDC_EOS, USDC_ETH, USDC_LTC, USDC_TRX, USDC_LINK

It's been doing great benefiting from the current bull run. Unfortunately it uses deal start condition settings that are not available for Binance.us users :

Strong buy / Buy signal
RSI7 signal

Can then this bot be ported 100% to Binance.US?

The short answer is NO.

Not if we want to still use the same deal start conditions offered by 3Commas that we chose for Amika.

But what if we were willing to compromise on some aspects and then still be able to run a similar setup?

Well then yes, if we are ok on compromising a bit on:

Performance: we could use "open deal asap" which during the bull run should be good enough.
Risks: by using this setup this bot would open deals even if later we enter a downtrend or if the market becomes suddenly bearish. We will have to manually stop the bot if we "ideally" know we are done with the bull run.
Extra hassle: "open deal asap" is not supported for composite bots, we will need to create one bot per pair to be able to use this option: 9 bots. With a bit of patience you will be able to copy them in around 10 mins. I don't have access to USD pairs on Binance.US so my bot will show USDT pairs. Ideally you should change it to USD given that in the US there's more market volume on USD pairs. This is another thing you will have to do manually. I suggest you copy a single bot from the links multiple times and each time: edit the pair to each token from the list above and select USD as the quote currency. Still I will provide the 9 links separately below. One more thing! my bots are running on paper as I'm going to keep using the official Amika on real money, so if you get a warning prompt saying this bot is running on paper trading, just ignore it, but make sure that you are selecting the right exchange and that you have enough quote currency available for all the 9 bots to trade (USD in this case, as recommended above).

Allocations/funding

This is a BETA test. I have allocated 800USDT on my paper account to each Juvela bot (remember I don't have access to actual USD from Binance.com).

You should consider paper trading it too for a while.

If you feel like you must give this a try with real money (many of us do, believe me!) then consider lowering your funds to a minimum. Let's discuss the progress in the Discord channel #binance-us-bot-factory

Bot links

Do not copy anything if you don't understand exactly what you are doing. Better ask me or any of the moderators first. This is very risky, you are copying something that hasn't been tested for enough time. The intention is to expedite having good alternatives for US patreons. We are now testing one. This setup won't be added to the database until we are confident this works for a few weeks. There may be (will be!) tweaks to come so stay tuned with announcements on Discord.

Binance.com users

If you have access to Binance.com you can ignore this post.

The com exchange offers all the built-in indicators needed by Amika/Venka.