Wunder Volume bot

28 Şub 2023

Wunder Volume Bot

1. Wunder Volume bot is a non-indicator strategy that is based on the Volume analysis.

2. For the entry we will use the volume multiplier to detect the abnormal volume activity. For example, the volume should be 2 times the average. You can set your own preferences for each asset. It is recommended to use a higher multiplier and multiple assets to run multiple different bots in order to diversify your approach.

3. A function for calculating risk on the portfolio (your deposit) has been added to the Wunder Volume bot script. When this option is enabled, you get a calculation of the entry amount in dollars relative to your Stop Loss. In the settings, you can select the risk percentage on your portfolio. The loss will be calculated from the amount that will be displayed on the chart.

For example, if your deposit is $1000 and you set the risk to 1%, with a Stop Loss of 5%, the entry volume will be $200. The loss at SL will be $10.10, which is your 1% risk or 1% of the deposit.

Important! The risk per trade must be less than the Stop Loss value. If the risk is greater than SL, then you should use leverage.

The amount of funds entering the trade is calculated in dollars. This option was created if you want to send the dollar amount from Tradingview to the exchange. However, putting your volume in dollars you get the incorrect net profit and drawdown indication in the backtest results, as TradingView calculates the backtest volume in contracts.

To display the correct net profit and drawdown values in Tradingview Backtest results, use the ”Volume in contract” option.

11 Eki 2023

Sürüm Notları

Fixed a bug with sending a comments in "FIX" mode