UPDATE 1 (3/6/2023): the liquidation analysis was updated to 25x since there was a mistake and it was showing 75x.
I’m running a new XRP bot and adding it to the bot dashboard.
15 min backtest
Notice the drawdown and profits are using 25x leverage.
Deep backtest
Deep backtest results from early 2020.
In order to access the bot details you need to log in with your TTP account and have a valid Observer or higher tier.
Bot name
This bot uses orchestrator so it’s important that your bot name matches this one:
XRP bot - https://www.tradingview.com/chart/LweBMqwm/ BAQL:ORC:[STHA2H:SELL_STT&BUY_STP] !@Collateral analysis
This bot has a max deviation of 10.5% (last safety order is placed there).
The stop loss is placed at 25% which is 14.5% additional below the last SO.
The leverage is 25x.
Let’s have a look at the results of the 3C liquidation calculator.
As you can see if we copy the bot details into the calculator it recommends having at least $1657.42 available in the futures account.
The performance of the bot shown in the charts above is based on using $278.
You can share collateral with other bots bot you will have to double check they have the lowest likelihood of “competing for the funds”. For example running this bot together with another one on a different token but using the same long strategy would be very high risk, since both are likely to end up needing the available collateral during the same market times.
Do not blindly copy this bot if you haven’t understood the risks or not familiar with leverage. Hitting the stop loss in an unfortunate even of running this bot on day one would take the full allocated amount for collateral. In the example above that means losing the full $1657.42
In the backtests, the stop loss is never reached since 2020 thanks to the use of timeout. But this can still close some deals at 12% loss, which in the example would mean a loss of ~ $800 which represents half of the allocated amount.
In the past 200 days the bot shows a great performance being able to profit $1680 using $280, or $1500 considering the needed collateral. Since the max drawdown in the past 200 days is only 14%, in that period the bot only used $668, making it a pretty impressive 100% or 200% depending on your own collateral reuse policy (never reuse vs advanced reuse).
