PSAR VIP
Session #2
07-25-2021
Contents
HTF BTC Analysis
CEO Manual DCA
Refer to CEO For Manual DCA!
Todd, DCA Strategy Part Two
-Used to run full manual after 4 SO’s got into trouble sharing bot links out to new users who did not know how to manual DCA.
-IT IS POSSIBLE to run only 4 SO’s + full manual on BTC as I did it for a year successfully however requires manual intervention which is NOT what most members want!
-Used to run 5 SO 2 Scaling but found there to be a large gap between SO 4 and 5 from 7.5 to 15.5%.
-Ideal SO Strategy for myself is 7 SO, 0.5 Deviation, 1.49 Scalings for good coverage.
Todd, DCA Strategy Part Two
-7 SO 1.49 scaling does PRETTY WELL rounding out the average price from entry.
-End up with trade requiring 7.37% retrace after a 15.6% drop.
-Once all SO’s are filled, utilization of the 1HR Chart and Support/Resistance will be key to determine where to place Manual DCA.
-SO 1-3 filling: no issues, leave bot to run as is.
-SO 4 filling: Start to monitor the deal, look at Tradingview to chart the asset.
-SO 5+ filling: Monitoring, looking for limit DCA placement or to market enter a DCA.
-SO 6+ filling: Actively monitoring, ensuring to chart daily looking for manual DCA placements.
-SO 7+ filling: Out of SO’s, looking for next 1HR support to DCA said coin. (Only adding Safety Orders on clear support levels!
Todd: Bot Manager Installation.
Bot Manager Bulk Edit of Bots
Select your account or bots to edit.
Click the Edit button, and you can change any parameters quickly and efficiently!
Bot Manager: DCA Deals
-Head to Deals column and pick the deal you would like to DCA.
-I will DCA this GRT trade. I had added 1 manual July 19-20 but did not add enough to get it out.
-GRT Volume at 7639 prior to Manual DCA #2.
-Please NOTE this trade was left open as an example for this session.
GRT fell 35% over a 10 day period.
Bot Manager: DCA Deals
-I like to ease into manual DCA at around 20-30% of TOTAL VOLUME each time.
-Manual DCA of 2200 in USD will suffice, can use Percentage if you would like.
New GRT Deal TP is approx .60595 cents. And the rest of the account is looking fine.
Best Places to DCA
- Formation of HIGHER LOWS and SUPPORT shown July 19-21. I added 1 SO in here.
- Scamwicks: If possible can catch great DCA via MARKET if you are online to add to position.
- Establishing support levels, price holding a level for a few days. Price holding .52cents and I DCA at .535
TVC Trend + WH Counter Trend, same account
https://www.tradingview.com/x/aBd03SHS/
PSAR Longing Conservatively: 3 pairs open MAX using TVC to enter (with no DCA)
WH Shorting and Longing based on VWAPs. 5 pairs open MAX. using WH to enter, disabling VWAP for DCA.
TVC Trend + WH Counter Trend, same account
TVC TREND: 3 Max Positions Settings
No Safety Orders used (WH v 1.0.33 used to DCA
TVC Trend + WH Counter Trend, same account
WH Counter Trend: Max Pairs open to be greater than TVC For entries. This ensures that you utilize PSAR for 3 pairs max while still allowing 3 counter trades to happen as the same time.
Standard WH Settings will work, otherwise you can follow along with what I have on next page keeping in mind it is **QUITE RISKY**.
P Profits below after editing bot. 0.33% in minutes :)
WH Counter Trend Settings
I am only testing with
$2K balance On ALL
PAIRS so I am prepared
to lose it all. Once it
hits $2500 I will be
withdrawing profits
daily and may dial
it down.
Recommended Pairs
Please refer to Pairs channel!
Q & A