Yo yo yo it's ya boy. Anyways you fucks brought me a lot of joy on this board and i'm gonna give back. I turned initial 1k investment to 6 million. I lost tons in the beginning trying to perfect the perfect strategy to not get pajeeted. You can call this larp all you want, but give it would be wise to at least look into it. Here we go:
Alright if you don't have bare minimum 1k I wouldn't even bother starting.
1. Get a trading view account.
2. Pick up to 10 of your favorite high potential coins. High potential as in legit could moon or blow up randomly. I got most my shit from what made it top page on /r/cryptocurrency. >inb4 reddit pleb 10 is pretty optimal. You can add more if you have over 10k bankroll (you'll see why later). Add all that shit to your watchlist on TV.
I recommend getting the premium membership (trial if you're poorfag) cause you can see 8 charts at one time and that shit makes it so much easier.
That indicator is an advanced fisher transform RSI Quantum Psychic mother fucker. I stole it from a trader that use to sell it. It let's you know if a coin is overbought/undersold and let's you in on trends before they start. If you're braindead and don't know what TA is at this point; this shit basically tells you when to buy and sell shit. Make sure you set all your charts for 30 min minimum. If you don't have access trade all day then higher times are ok. You won't make money but you'll ride with the more bigger trends.
Add that to all your charts for your chosen coins.
4. Alright time to actually make money bitches. Set alerts on all your shits for whenever you need to buy/sell. It's usually -0.5 for buy and 0.5 to sell. When your alert goes off, you need to then make a stop-order for when the trend reverses by 3 percent so you can catch near bottom every-time it switches going up or down.
For example if ENG buy alert went off and the price is 0.003, I'd then set an order to buy ENG when it's 0.00309. Why? Because the trend it's currently downtrending in people that should buy it pretty much. The price may not downtrend at the same time but it looks at if the price SHOULD downtrend if you know what I mean. Every time it falls 0.5% farther down, change your order to 3% higher then that. After your order fills then do the exact reverse when it hits the Sell line.
When you make your stop loss order for anything, if you want it to fill then don't make your STOP number the same as your LIMIT. Make your LIMIT a 0.5% difference so it can actually fill.
Christopher Gonzalez
5. Make sure you check your coins on Coinmarketcal. Don't go into a coin if it has big news in the very next day or less. That shit will dip like a motherfucker. You can allocate your money anyway you want but the way I do it is I put 10% of my total into each buy signal. 20-50% is a good start if you're still a poor. When you start playing with real money you'll realize any little thing you do will change the coin market your in.
6. I always trade in ETH. If you need me to explain why please kill yourself. I have a rule. For every buy i'm in, there's a minimum stop loss of 10%. If you buy the "bottom" of the dip and it rises a little enough to hit your buy order then it drops like fucking crazy, it's most likely BTC/ETH doing some stupid shit again like always. Anyways this applies to ETH as well. If it drops below 10% from when I get ETH from a trade then I tether up. ETH is automatically a coin that should be on your watch list. Treat it the same way and sell off if it hits sell signal.
I really only trade on Binance now but yeah this shit is so simple once you get the hang of it. You won't have 50% losses and shit like some of you fucking idiots are getting now.
And fellow amerifags and other people cucked by their government, if you make it then please pay your taxes it's not worth it. Cointracking and a tax jew is all you need.
Kayden Martin
nice thread
Juan Hill
Lurkng. Have exactly 1k, this better not be some larp.
Hunter Sanchez
>Create a indicator script on TA ??
Hunter Perry
why is this exact indicator on reddit posted by a no name
Cameron Cook
thanks
I mean't TV for tradingview you fuck. I'm tired as hell right now.
Don't know don't care
Samuel Moore
"Script could not be translated from: null"
Am I retarded?
Noah Wilson
Without the quotations user
Ryan Jones
>You can call this larp all you want Show ETH address.
Dylan James
...
David Smith
I already cashed out so I don't care lol
Noah Smith
now there's another error lmao
Script could not be translated from: |B|v1=0.1*(series-50)|E|
John Cruz
Sure.
Ayden Hill
getting the same error
Carter Young
same here
Kayden Long
OP, just wanted to say. You an OG. If I make it in a year from now and break a mil; I'm going to commemorate a statue in your honour.
Connor Sanchez
use this:
however, checked it with previous months and it doesn't work. don't fall into his trap
None of you retards understand how this is going to fuck you. Clever troll.
Lucas Turner
Script could not be translated from: |B|v1=0.1*(series-50)|E|
Eli Lewis
Explain?
Isaiah Morales
I don't use it anymore and I have to download fucking google auth again and restore QR shit for binance and i'm not gonna go through all that effort to prove it to some pajeet. If you're doubtful, just don't do it
Jonathan Phillips
I fucking hate programming. Make sure new indicator script then click apply to chart. Try this:
Is OP stop hunting or something? I don't trust it but can't figure out where his scam is.
Hudson Morgan
He's trying to get more (you)s.
Carter Rivera
Managed to figure out the strategy and script... Time will tell if you truly are a faggot.
Noah James
There you go niggers.
// // @author LazyBear // If you use this code in its orignal/modified form, do drop me a note. // study("Inverse Fisher Transform RSI [LazyBear]", shorttitle="IFTRSI_LB") s=close length=input(14, "RSI length") lengthwma=input(9, title="Smoothing length")
>7266054 How do you even keep churning out scripts that don't work? Do you even test them before hitting "post"?
Jose Foster
I imagined Trevon James telling me this Anyways here is a reply for you OP, for entertaining me
Jordan Hill
Why do you have to be such a brainlet?
Asher Nelson
my chart looks like this
Dylan Scott
You have to zoom in on the indicator. Put your cursor on the indicator values to the right, click, hold and move you mouse upwards or just put Auto-scale by right clicking on the values.
How about you fix or post the correct script you stupid pajeet
Jack Murphy
Thnx user
William Ortiz
I fixed it:
//@version=3
// // @author LazyBear // If you use this code in its orignal/modified form, do drop me a note. // study("Inverse Fisher Transform RSI [LazyBear]", shorttitle="IFTRSI_LB") s=close length=input(14, "RSI length") lengthwma=input(9, title="Smoothing length")
Ok so does this mean that I should have bought at 22:59?
Gabriel Hughes
lol my guy it is. It's golden simple advice and a lot of people think they need to do some crazy shit to be able to make constant gains
Don't go under the 30 min. If it goes under green then set buy orders if it's above red then set sell orders.
Nathaniel Phillips
If I understood it correctly, at ~22:47 you set up a stop-loss trigger that is 3% higher than the current price (stop is 3% higher, buy price is 3.5% higher than the current price) and you keep changing it as it drops lower and lower until it gets triggered. Then you wait for orange to go near redline and do the opposite (stop loss 3% lower at 3.5% lower price).
James Perez
What's the time frame you're looking at? I get 30 minute intervals but over how long?
Christian Long
Did you ever figure out what this cryptic stuff is about? I've been looking around on some older threads too
Angel Gray
Hey OP, interesting concept, but I actually don't think you'd need such complexity.
Oscillators that show overbought/oversold indications essentially play on mean reversion (if it's oversold, price will eventually revert upward to some moving average - or if it's overbought, price will revert downward to some moving average).
I think why your approach would be having success is because of the use of stop-orders.
Why people often fail with indicators is because they immediately buy oversold/sell overbought, rather than WAITING for the market to confirm that it's about to revert to a moving average, which is what your method does by placing stops-orders 3% away from price.
Thoughts?
Logan Nguyen
This
Should just be constant 30 min intervals all the way. Pic you had was 5 min intervals
Chase Sanchez
Yeah this makes a lot of sense. I'm not a TA person really so I just fine tuned what worked for me.
Luke Lopez
That's like saying it can't be that easy to investing your money for long term gains. Of course it's that easy. The script does nothing crazy, it literally just tells you to buy low and sell high and constantly reminds you to do so. It's rather straightforward. My only concern is that the market is so volatile that you end up trying to place buy and sell orders every second and don't have the liquidity to reinvest fast enough.
Nathan Brooks
So in the case of the most recent crazy dip, this would have wound up not working - I guess that's why you do the 10% stop loss, for crazy shit like that?
Wyatt Gomez
Well it works, that's a big reason the 10% is there. For random bullshit like that. You're not gonna end up like the retards losing 50% of their whole port because of hodl meme.
Now if my stop loss did go off on a coin, I wouldn't bother with trying to catch it going back up. I'd go into another coin until
Austin Robinson
sorry im retarded, but what function does the limit order play here? would you only use stop losses? i think i might be confused on the difference
ok in this picture that would mean I should've set a sell order for -0.03% when I saw the orange line hit the thing at 23:20?
Leo Price
Is there a way to automate buy/ sell orders? Do I just have to have this site and binance open simultaneously and just place the orders manually? Please help I am dumb.
Jaxon Reed
>cannot compile script
Tyler Cox
Difference of limit and stop order is instead of executing an order right away, you want to see how the coin does a little bit.
If ENG went up to 1 ETH each and that hit my sell signal then I wouldn't sell it for 1 ETH. I'd sell it for a little under that because it could still go higher and higher. Then I move my stop order up with it. This way you don't get cucked if it moons or crashes.
Correct but I would use coins with more volume for less volitility.
check
Benjamin Lee
with this frequency of trading though, won't you get rekt by fees
Gabriel Garcia
Any interest in starting a discord group to help us idiots through this with a real time example? I think I get it but I always learn better actually doing, and want to make sure I am doing right instead of wrong.
Benjamin Butler
WHAT THE FUCK ALL MY LINKS ARE GONE
Brandon Lee
If your stop order doesn't go through then there aren't any fees for resetting it
I don't know man. I usually don't do shit for free and this thread right here is giving back to my community
Dominic Smith
Top kek
Benjamin Gutierrez
right, so when placing orders, for this method, you would only use a stop order, correct?
Nathan Cook
Does it make sense to use smaller percentage thresholds for setting the stop loss orders when trading a smaller timeframe candles, say 15min? Or if the coin isn't as volatile as others?
Nicholas Morgan
The only time you wouldn't would be if it already broke your 3% barrier already. Just market sell/buy at that point
Adrian Torres
still doesnt work, stuck on line 13
Luis Sanchez
just go to got it, thanks a ton! cant really see why this method wouldn't work unless some stupid shit happens in total market cap
sorry OP, last question: if i had 1k to start, you suggest putting 100 into 10 coins?
Ayden Bennett
who is she
Zachary Lopez
I've been making money trading based on the order book and momentum swings, so this must surely be an improvement
Adrian Torres
Try to split into 4. A lot of the time a coin won't be in the buy zone yet so you'll have money sitting around sometimes. Try to condense with a smaller amount and slowly expand out as you get more money
My thot
Xavier Rodriguez
As usual, a bunch of Veeky Forums posters get fooled by another LARP. The method is nothing special. If you literally put stop losses on all your orders, you'd achieve similar gains you fucking idiots. Also, there's no way in fucking hell he made 6 million from 1,000 unless he invested much more money. Stop falling for these fucking LARPs holy shit. First the ponzi schemes and now this.
Noah Brown
could anyone explain in details the reprensation of the graphic generated by the script? ie what to do with it etc.
Aaron Cox
Vicky Li
Henry Gomez
Let me explain a bit further to explain this LARP a bit more. OP claims that 3% is enough to predict a significant reversal of a down or uptrend. That is simply blatantly false and is an arbitrary figure. It's safe, but again, nothing special. You might as well just normally put stop orders by yourself without this script and achieve the same results.