09-16-2019, 05:48 PM
(This post was last modified: 09-16-2019, 05:57 PM by QueefWellington.
Edit Reason: More info
)
Just having a look at this.
Correct me if I'm wrong but magica is used to compare with the actual close price right? So your default magica value of 380 is of whatever currency you are trading? This means that those values will have to be drastically different for another currency pair. Also if you ran the bot for a long time, your magica value might be good at the start but after a couple of months, it will no longer be optimal because the price could me much high/lower.
It may be better to do these as percentages of the actual price rather than absolute values. That way the effectiveness of the value won't change over time and can be applied to other pairs.
But apart from that, it looks good
Correct me if I'm wrong but magica is used to compare with the actual close price right? So your default magica value of 380 is of whatever currency you are trading? This means that those values will have to be drastically different for another currency pair. Also if you ran the bot for a long time, your magica value might be good at the start but after a couple of months, it will no longer be optimal because the price could me much high/lower.
It may be better to do these as percentages of the actual price rather than absolute values. That way the effectiveness of the value won't change over time and can be applied to other pairs.
But apart from that, it looks good