Hello,
I want to know if you are able to build a Trading Bot based off the concept below? The trading bot concept, trades in micro trades. Builds up
profit over small amounts time and pips, like a high frequency training.
The
time the the bot will uses to trade on is M1 (1 minute trade graphs) I also want to be able to change the stop losses percentage and the type of
currency used.
(Infinite
Loop)
———————————————————————
Buy
If
the price is higher than the price brought, sell.
Else,
stop losses at 6% (account size)
(Repeat
from the start)
An
example would be:
———————————————————————
Set:
BTC/USD, BTC/AUD, USD/EUR
Graph
speed equals M1 (1 minute trade graphs)
Account
size $1000
Set
trade size for BTC/USD: (20%) of account size
Set
stop losses amount for BTC/USD: (6%)
Set
trade size for BTC/AUD: (20%) of account size
Set
stop losses amount for BTC/AUD: (6%)
Set
trade size for USD/EUR: (10%) of account size
Set
stop losses amount for USD/EUR: (3%)
————————————————————————————
Start
————————————————————————————
Buy
(0.000001)BTC/USD
Is
the price higher than the brought price of (0.000001)BTC/USD
If
yes, Sell (0.000002)BTC/USD
(Repeat
from start)
If
no
Hold
until price is higher than brought price (0.000001)BTC/USD but if the price falls below (6%) of the total size of trade, stop losses and sell.
(Repeat
from start)
————————————————————————————
meaning
if the price falls (6%) below the price brought, stop losses and sell.
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