What are your thoughts on this script? I connected it to Coinbase Pro via AWS lambda for auto-trading. I'm waiting for BTC to start bullish again before turning it on in production. Thoughts? Thank you! John
what is this? i just took a 3 day trial of a premium indicator that couldnt dream of performing this good. id like to learn more about the strategy behind this. care to spend a little time with me helping me to understand?
jerrygarciame
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@manidontevenknow, I'm not sure what I'm doing either. What is your question? Thanks.
burgercrisis
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add commission and you'll see if you can run it or should just hodl
also you can't short on coinbase so your "sell"s are offputting your winrate
jerrygarciame
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@burgercrisis, Thank you for the feedback. Can you explain in more detail? I do not quite understand your comments. I am a novice. Very much appreciated. Best Regards, JG
jerrygarciame
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I have the commission added, which reduced net profit... What do you mean by, "also you can't short on coinbase so your "sell"s are offputting your winrate"? I think my basic understanding is wrong here. Thank you.
burgercrisis
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@jerrygarciame, i think i was wrong. Default for Tradingview is sells short and buys long. Which means if you go long for 100btc and then go short immediately, your short would be selling around 200 btc typically so that your position becomes -100btc, aka 100 btc short position. This is not happening in your script though I was wrong
jerrygarciame
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@burgercrisis, Thank you. I think strategy.risk.allow_entry_in(strategy.direction.long) forces all long positions; no short, but not real sure... Thank you, JG
burgercrisis
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@jerrygarciame, Yeah, that used to not exist pretty sure haha. They've improved Pine script a lot.