[THE MECHANIC] : Buy small and continuously, profit trail

10 sept 2018

This script is entirely my own original work.

The script is intended for USDT crypto trades. It's hypothesis is that Alts usually go where BTC goes. So, this script considers indicators on a USDT paired ALT, and simultaneously considers BTC's USD movement to make a buy decision. The exact combination of indicators will not be disclosed.

It does not intend to seek the bottom AT ALL. It intends to buy early in upswings. Using profit trailing on a tool such as Gunbot, consistent profits of 2% to 5% is possible. Hourly charts or longer are recommended.

A stop loss is an absolute necessity, but can be set quite tightly because of the stated hypothesis.

Script access is controlled only because it is my terms of use that users provide feedback on their experience and make recommendations for improvement.

10 sept 2018

Notas de prensa

Made small correction - the BTC factor was not applied to the BTC confirmation EMA. Now fixed.

11 sept 2018

Notas de prensa

Improved the alertcondition description - it is now [MECHANIC - BUY]. Look for it in the Alert menu.

Selling is still up to your profit trailer.