The eagle is a patient and strategic predator, only trading the following long pairs: ETH/USDT, BTC/USDT and ETH/BTC. This is similar to what’s known as triangular arbitrage and will result in equal chances of being long ETH, BTC or in cash at any given time. Sell at peaks and wait for the price to drop to the depths of the abyss before buying MOAR – the eagle is majestic, and never a bag holder.
Deploy all your funds if you don’t want to actively trade and just want to accumulate, or 20-30% portfolio allocation if you want to actively trade the other strategies we describe later (makes a great reserve).
Head over to Finandy.com for automated trading if desired, and we'll show you how below.
Create your trade conditions. Next are screenshots of our settings for long entries on spot.
Long Close: Enter exactly as shown
TP1 is from the DLI table on the chart for Long Target. Multiply it by 2 and that is TP3. The average of these two values is TP2.
Based on the SLX settings on the previous tab, your position will close if the price drops back down after hitting TP1, but now you have the opportunity to make significant profit if the chart moves quickly in your favor.
1. Be sure correct pair on 15, 20 or 30 min chart
2. Set your candles to Heiken Ashi to help to enhance trend detection, reduce noise, and provide clearer signals
3. Right click on a DLI alert or the table, and select “Add alert on DLI ツ”
4. Paste webhook and URL from Finandy
5. Always should be set "Once per Bar Close"
For a different experience, add shorts to these pairs (see Hyena strategy for alternative spot settings to enable long/short reversal). This dynamic will favor ETH trades with a 33% chance of being long / short ETH, and a 16% chance of being long / short BTC at any given time.
Copyright © 2024 degenlegion.com - All Rights Reserved. Disclaimer: The information provided is for educational purposes only and should not be construed as financial advice. Trading involves risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Use this indicator at your own risk.
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