Leverage and risk
In the past market I run Safira for almost 2 years and it did pretty will using spot until the crash from 48K. This time I will shut it down much earlier and run it with some leverage.
Even though you can see I’m using 25x I’m intending to leave enough collateral as if it was running with no leverage. Why? because I’m using the same funds for other bots. Bits that don’t hold very long positions or shorts could share funds with this setup.
Bear in mind this bot doesn’t have stop loss and if being used in a bear market it can have very bad results. If you want to limit the risk you can reduce the market cap to top 50 or top 30. If you want to take more risk during alt coins season you can even try top 200.
Bot assistant
This bot requires pair updates and orchestration from the bot assistant.
Make sure you name your bot as shown below:
Safira - BAQL:PS:ALL_10_LCGS_(MCR<=70) ORC:[STT3:BUY_STP MC1H:BUY_STT MC4H:BUY_STT] !@ It’s using top 10 LunarCrush Galaxy score coins picked from the top 70 market cap.
As you can see from the bot name, the orchestrator is switching on the bot when there’s bullish divergences on either 1 or 4 hours from Market Cipher and stoping the bot as soon as it enters an uptrend expecting the deals to have some time to take profits. If you want to take further risk you could switch off the bot when the trend flips to bearish, si instead of STT3:BUY_STP, use STT3:SELL_STP.
Forward testing
You can monitor the past performance based on paper trading forward tests from 3c-tools.
The direct link to the paper bot.
