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All these actions discussed below represent high risk as the market hasn't confirmed a bottom yet. All technicals and sentiment are indicating potential further dump. Do not mimic these actions with funds you cannot afford to lose.

Lambo 

I've modified Lambo and started a real money version using 1600 USDT and with TOP coins. I'm not expecting crazy returns but is a step forward to gaining some trust on more aggressive signals. I'm still using a very conservative DCA configuration of the bot which means that most of the time it will use very small amount of funds for BOs (10USDT). But this is the only way to guarantee that if market goes very volatile we stand a chance to close those deals. Actually this bot will only get closer to 1% a day on days that volatility increases to those levels.

The Paper trading version we started around a week ago has been performing pretty good almost getting to 10% return and only a few deals are in reserve. 326 USDT completed deals vs ~70 in reserve. I noticed that the reserve only consists of low caps so that gave me the confidence to go for top coins with real money. Also it's a relative small investment and coins I  wouldn't mind to hold in case of catastrophe scenario.

Mirinda

I'm switching back on Mirinda. 

Market Cipher Future signals and DCA bots

All conservative DCA templates take profits have been reduced to 0.9% and 0.09% TTP.

This provides the highest likelihood of closing deals during these times. You can still get away with up to 1.5% levels and almost double profits but any BTC correction of over 10% could leave at least one of all the tokens stuck for a bit longer. You have to make that call. I'm using 0.9% I personally really appreciate the extra spare time of not having to baby sit bots when things go south.

I haven't heard much feedback from people running the futures bots, only a couple of good comments on Discord. Remember you can run the DCA bot in the Futures account but still with leverage only 1x if you want to give them a try with less risk of the 3x leverage or above. 

Martyn

Although in the bot dashboard Martyn was appearing as disabled as mentioned in announcements I've been running some alternative versions of Martyn. I'm mainly trying to catch the most BTC and ETH I can at discounted prices. BTC I'm aiming for a deviation of around 50%, or the range of the 20K. On BTC a bigger max deviation >60%. 

These alternative Martyn have take profits of 50% as I'm intending to hold it once the SOs get filled. As they all have many SOs and use volume scales over 1.3 then it gives you an average price very close to any bottom we may pay a visit in the next days. All this as long as we don't go catastrophically below 20K. My assumptions might be wrong but I'm still personally bullish for the rest of this leg of the 4-year cycle. If you are pessimistic you can lower deviations and actually set lower TP (< 3%) so you can exit on the earliest ABC wave (dead cat bounce). 

We are also running a multi coin Martyn but it's set with RSI levels we are not seeing so far happening. If you are feeling bullish and brave you can reduce the RSI expectations so it starts placing some deals to catch most frequent levels like RSI7-30m < 30 or RSI7-1h < 40. A quick look to the charts should show you if the levels are happening or not.


Comments

Anonymous

Why not Dilan (standard one)?

thetradingparrot

yes, but only if the DCA settings are modified similar to how mirinda or some of these other bots have been modified due to the bearish conditions we currently are.

Anonymous

I have been using all 5 MC bots since May 26th. Conservative signal with conservative settings. They each basically use $100. I put exactly $500 in my futures account. As of today, June 1. About 6 complete days they have earned 10%. My Futures account is at $550. This is a great success in my opinion. Today I switched to Risky signal on conservative settings to see how that does.