April 20, 2024

Algorithmic Basketball Investment

For those who don’t know what basketball trading is, you can read here, I want to write about successfulalgorithmization of this strategy for cryptocurrencies.Since working “with your hands” using this strategy is virtually impossible, and extremely ineffective, a trading robot was created for this purpose. The bot is installed on a remote server and works fully automatically, which provides:

  • real-time pairing discrepancy calculation
  • calculation and trading in 24 x 7 x 365 mode
  • real-time profit calculation
  • lack of emotions and mistakes inherent in manual trading
  • Algorithmic Basketball Investment

    The bot is used for trading opportunities thatarise between highly correlated assets. This algorithm automatically calculates the discrepancies between the currencies of a paired transaction, and trades all trading opportunities fully automatically. The bot operates on the BITMEX exchange.

    To date, all tests have been passed.the efficiency and effectiveness of this bot, and due to the fact that this bot is configured to trade without shoulders, and due to the simultaneous overlapping of unprofitable (in the moment) positions profitable, the percentage of risk of losses tends to zero!

    Currently, work is actively underway onattracting investments, therefore, if you are interested in this idea, then you can look at the work of the bot, get acquainted with the details and ask questions on the website https://bithuk.com/