Blind Indicator
HTS's Blind Indicator is an Indicator for the Trade Bot. The Blind Indicator is generally used in the simple marginal strategy to conduct high-frequency trades for small gains.
Tip: Combine this with a fee based insurance to create a simple scalper.
Interface
Supported license & Trade types
Supported License | Supported Trade Types |
Beginner license | Spot trading |
Simple license | Margin trading |
Advanced license | Leverage trading |
Formula
The Blind Indicator is essentially what the name suggests in that it produces Trade Signals that are the opposite of your Position.
For instance, if your current position for USD/BTC is bought meaning you currently have Bitcoins, the Blind Indicator will then generate a sell signal to liquidate your bitcoins.
General Settings
Exchange Website to monitor
Currency Pair to monitor for trade signals
Update Speed
Trade Signals
Tip: The exchange doesn't have to be the same exchange you are currently trading on.
Usage
The Blind Indicator may sound useless, but in conjunction with the Overcome Fee Costs or Only Sell at Double Fee Costs insurance, this basic strategy will prevent Trade Signals when they are not profitable.
Last updated