Daily Market Signals

[taky2]

Hey everyone, just thought I would share this platform I use for trading signals - I have found their services to be very useful.

Here's a quick description of the services:

Turtle BC is an investment system for Blockchain projects. It is inspired by Turtle Trading Strategy and focuses on Bitcoin Markets on Poloniex. The system works very well in long term investments for markets like Dash, ETH and XMR. It can achieve quick and good profit in markets like PASC and ETC for short term investments. Turtle BC can help you hold coins in Bull markets and help you short Bear markets.

As this suggests, the platform provides BUY and SELL signals for Poloniex markets on a daily basis. These signals are derived from a trading strategy known as Turtle Trading.
You can read more about the strategy here: http://www.investopedia.com/articles/trading/08/turtle-trading.asp


Please before you search for this website consider using my direct referral link to sign up: https://www.turtlebc.com/?ref=qS65FiCP


There are two key things this platform offers that I really really like. First, it provides backtested data showing visually how the strategy works.
Here's an example:

Additionally, I think I'm going to find this chart really useful - it show the current percentage of buy markets on Poloniex at any given time
...a great indicator of the overall altcoin market sentiment:

Lately with the altcoin bull market, 60% of all the markets on Poloniex are BUY markets, so the signal-to-noise ratio is a bit high, (which makes it a bit harder to really find the good picks using this platform alone). As you can see from the chart, this won't last - so the signals will really become more useful when the buy market percentage lowers.

I've been using this platform for a couple months now, and so far it has even tipped me off on some pretty large pumps before they happen and helped me ensure I'm catching most of the big trends. As you can see from the backtesting, its not always right, but neither are all my trades.


Again, I kindly ask that you use my referral link if I have sparked your interest at all: https://www.turtlebc.com/?ref=qS65FiCP

[taky2]

I've copied some more information from the website here for your convenience...


How Turtle BC Works

The TurtleBC system is inspired by Turtle Trading Strategy. The closing price is used here while the highest price is used in Turtle Trading Strategy.
The basic idea of Turtle Trading Strategy is to buy if a market exceeded the highest price for a particular number of preceding days, to sell when the price goes lower than the lowest low of the several previous days.

It resolves the Disposition effect problem, which relates to the tendency of investors to sell shares whose price has increased(miss big trend), while keeping assets that have dropped in value(lose much money).

We help you capture every big trend and stay in it instead of selling too early or too late. You may lose money in some trades, but the trends will make you much more money in total.

We will send a signal to you immediately when we get it, the time should be between 0 am to 1 am UTC. We also supply historical signals and profits, which you can see on market pages.

Three Main Features

• Buy/Sell Signals for All Poloniex BTC market, historical signals and profits, and new signal notification.
      You can change it on settings page
• Short Selling/Close short Position, historical signals and profits, and new signal notification.
      It is for coins with margin trading, 9 coins are supported, ZEC, ETH, ETC, XMR, XRP, REP, LTC, FCT and DASH
• New coin pump, hourly signals are supplied for the first 15 days when a new coin is added to Poloniex.
      There are historical signals and profits for GNT, PASC, ZEC, REP, ETC, LSK and ETH

Four Types of Signals

• Buy, all markets with Buy status(the last signal of a market is Buy) are listed on Buy Markets page
• Sell, when sell signal appears, we will sell the coins we bought, Sell Markets
• Short Selling, when price is even lower than Sell price, Short Selling signal may appear, Short Selling
• Close Short Position, Close Short Position

For all signals you will receive mail notification.

We do not suggest beginners buying low-trading-volume coins.

Before following the signals, please check Historical Profits, ADTV of Recent one year, ADTV All Time on the website.
ADTV: Average Daily Trading Volume

The Mail Notification for Signals you can receive is like this:

Four Types of Market Pages

• Buy, historical buy and sell signals, and account balance when following these signals, ETH Market
• Short, historical short and close position signals, and account balance when following these signals, ETH Short
• Combined, combined page for buy and short signals, and account balance ETH Buy&Short
• USD, buy and sell signals in USD, and account balance in USD, ETH USD

Buy Strength, Sell Weakness

If the signals came all at once, we always bought the strongest markets and sold short the weakest markets in a group.

Within a correlated group, the best long positions are the strongest markets (which almost always outperform the weaker markets in the same group). Conversely, the biggest winning trades to the short side come from the weakest markets within a correlated group.

The important thing is to have long positions in the strongest markets and short positions in the weakest markets.

From Way of the Turtle: The Secret Methods that Turned Ordinary People into Legendary Traders by Curtis Faith


The best profit markets in the TurtleBC are Markets with high-trading-volume, the ADTV(Average Daily Trading Volume) of which are greater than 100 BTC.

Note the BUY Balance(Account Balance of Buy Signals) in above screenshot, the profits are good for all of them now(April 2, 2017). That means you can earn money easily when following signals of these markets for long term.

Like DASH, the profit is more than 200 times in less than three years. And ETH, its profit is more than 30 times in 1.5 years.

The Key is Consistency and Discipline

I always say that you could publish my trading rules in the newspaper and no one would follow them. The key is consistency and discipline. Almost anybody can make up a list of rules that are 80% as good as what we taught our people. What they couldn’t do is give them the confidence to stick to those rules even when things are going bad.
By Richard Dennis, creator of Turtle Trading Strategy

Please consider using my referral link if you are inclined to give this service a try: https://www.turtlebc.com/?ref=qS65FiCP

[taky2]

On a related note, in addition to investing, I've been also using this platform to help make sure I am only trading BUY markets with Gunbot. This way I will hopefully get stuck with less bags 

[taky2]

Just a couple updates ...first off, it looks like the trend is reversing and the altcoin market is looking more bearish.

Careful consideration should be given to determine which markets you run gunbot in.. as you will likely get stuck with bags in many of the bearish markets.


Also, Keating over at TurtleBC is always adding more features, here is one of them:

Good luck out there!