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Beginners & Help / What to do in Steep Downward Trends (bb)?
« on: January 10, 2018, 04:44:16 PM »
With the BTC-USD market banging around on the support line I'm wondering if this starts to become a more common chart; especially if the market turns bearish.
I'm curious as to what the bot would do in the attached scenario with a BB strategy and the following non-default parameters. Notice that the highs rarely hit the SMA (band midpoint) and since my stop_limit is set to the default of 60 I don't think the bot would have sold for a loss in this scenario. What's a good way to defend against this down-slope and not wind up with a bag and/or money tied up for days-on-end?
Thank you.
LOW_BB = 25
HIGH_BB = 40
I'm curious as to what the bot would do in the attached scenario with a BB strategy and the following non-default parameters. Notice that the highs rarely hit the SMA (band midpoint) and since my stop_limit is set to the default of 60 I don't think the bot would have sold for a loss in this scenario. What's a good way to defend against this down-slope and not wind up with a bag and/or money tied up for days-on-end?
Thank you.
LOW_BB = 25
HIGH_BB = 40