Explanation:
I had a client recently ask if I could build a Pump/Dump bot in reference to a Discord group chat that specifically signals pump/buy opportunities USDT paired coins listed on Kucoin’s exchange.
Discord Invite Link:
These results described below are from trading the Kucoin Crypto Signals group chat mention for NIF/USDT signal on Feb 1st 22′ 21:40 UTC.
Have a look at the overall price movement on the day chart for Feb. 1st when NIF/USDT touched $23 a coin.
Compare this chart to the 1 minute chart for Feb 1st and you will see the entire buy/pump opportunity concluded within the first 4 green candlesticks.
Notice the time/date of the signal. You would not want to be on the wrong side of this trad when it starts dumping…
Realistically you would have only wanted to get in on the 1st or 2nd green 1 min. candle.
Client Testimonial:
Strategy Configs
Strategy Specific Configs vs. Adjustable Ones
The only configs I would consider adjusting/editing are as followed:
order_amount – This will adjust your initial Buy order size.
config_ask_spread – This will adjust your Take Profit order away from your last_own_trade_price
Kill Switch Enabled? – Read more about Kill Switch Here:
**! Make Sure you pre-configure an OUT Limit Order Strategy in combination with this Pump/Dump strategy so you have a quick exit if need be.
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