Cryptohopper Tutorial: Crypto Trading Bot Strategy!
crypto hopper on today's video yes we'll be talking about cryptohopper and why cryptohopper is not performing the way it should perform and i will show you how we can change or modify our setting so we can still make money or at least not lose any money in that crazy market hi everyone welcome back to my channel i hope you are having a wonderful day as usual my name is carl so on today's video i will um i need to review two of my strategy first of all for today's video because i don't want to make it too long i'll be covering the a macd strategy because i believe that's the most popular strategy on my channel so i'll be reviewing that strategy and i will show you exactly how you can modify it to make it more profitable in the current market we are going through right now because first i think it's important once in a while to review the strategies market change over the time and it's a good idea to review and see what's going on and do some modification when it's a possible um because if just to make a short restored i started using crypto opera last september of last year so it's been at least uh six seven months eight months that i've been using crypto opera and back then um the bull market was just at the beginning it was just starting so the strategy i was using they were working perfectly but now after a period of time we're we're currently seeing that the market is changing um it's we have more and more dump and when it's dumping sometimes it's like 15 20 in a matter of hours or days and then you recover a little bit and then it crash again so it could be a little bit difficult to find a good strategy for that kind of market i've been studying and i've been testing for the last week multiple strategies and all the knowledge actually that i have in trading i put them all together and try to see if i can set up a crypto opera that would be efficient so i think i did find it um i've been testing it now for quite a while i did a lot of back testing and i don't need and i don't mean the back testing inside crypto offer i mean real back testing on the chart uh so i took couple coin different coin and i look at in the last month every possible trade if there were a win or if they were a loss and also did the back test on crypto upper and on today's video i will show you the result i will show you what are the notification and why i did this so at least we don't lose any money because in a bear market it could be very difficult to make money but my goal number one for me it was to find a strategy that would prevent losing money when the march kit is crashing so that way all the money we have on crypto opera or all the game that we accumulate over the last weeks or month we keep them we don't lose all of them so let's go on my computer and i will show you exactly what i mean if this is your first video on cryptohopper i'll put the link up here of the introduction video on cryptohopper so you can better understand how to set it up for yourself and then you can come back on this video to see how you can configure it and today's video will be about the MACD strategy i'll be doing another video about the ema so my other strategy in the next few days because i did some change also on that strategy to make it better uh but i still need a couple days to complete my test so on today it will be about the MACD strategy so if i give you just a recap of the strategy that i'll be showing you today so what i did to find my solution is that i'll be using two trend signal not one but two to find the uptrend of the market and once i i have a confirmation that both signal gave me an uptrend i'll be using a the MACD but more aggressively to enter a position so as long i'm on the uptrend the macd will send a buy signal so we can buy very small profit and then we get out as quick as possible so we have a signal we buy we make a small percentage and we get out and we keep going like that and same thing with the stop loss i they reduce a lot the stop loss so when the trade or the position will get on the negative it will get stopped out pretty quickly so we don't lose too much money so let's go on my screen so you can uh better understand so this is my dashboard on a crypto opera um so just to give you an id let's go on the uh first of all let me show you the strategies and then i'll show you why i did this so if i go to my strategy which is right here macd so this is what i change so there'll be a bit more indicator so like i said we do have the still the macd so this is the main one that will give us the buy signal and then i'll be using two trend indicator which is the mezza adaptive moving average and the directional movement index i'll be using those two this one right here the average true range i put it there but this one would apply if you have a hero subscription if you have a neural subscription activate this one it will help you uh on your trade but on today's video um i won't cover the uh i won't use the average true range because i know a lot of you don't have the aero subscription so i'll be using only those three so the one we have like i said is the mezza and the directional movement index this is to find the trend and once those two has confirmed the trend we use the MACD to enter our position so first setting we do macd 15 m 15 minute period by necessary signal fast period 8 slow period 29 and the signal period 16. so what those number does it make the macd a lot more aggressive on the 15 minute chart second one would be well if you're using dtr just leave it as default and then we need to add the mezza so adding the mezza then again you just go to indicator and you just find mezza and you click on it and once we're there so we need to select one hour why because i just want to make sure on the one hour chart that we are on a uptrend so the number we need to change is the fast limit would be 0.3 and the slow limit will be 0.003 make sure it's necessary necessary signal by and then here do not keep a signal and the last one it's the dmi so we do the same thing you go to indicator you search for dmi and then you select it the dmi will be on the 15-minute chart buy necessary signal period 14 and keep signal 4. this is very very important this has to be completely at the maximum 10 candle what this mean is once the directional or the dmi signal a buy signal i want to keep the buy signal for the 410 candle unless it reverse if it changed to a cell signal it will change automatically but as long it stay for a buy signal i want crypto opera to signal this indicator not just once so we click close and by the way i do get that question very very often actually that's what i'll do through the video i will answer some of the questions that you've been asking me on my facebook page and on the comment below the video so one of the comments that come very often is this part right here the minimal buy signal this one does not apply to my strategy why because all my buy signals are required so that's why we put the check mark right here so this let's say this strategy right here is necessary so i cannot buy anything unless this one is check mark and this one has a buy signal so all my three indicator that i'm currently using they all have the uh necessary signal so i don't need this because all the three need to be applied to be able to enter a position so once you enter all those information all you have to do make sure you click on save all right now when it's done let's go to the configuration so click on config base config so if i go through very quickly uh those one are default buy setting this is it never changed since the beginning coin an amount now this is important not every coin should be used in that kind of market so what i would recommend you is to try to use at least maybe the top 10 or the top 20 coin that you would find on let's say on coinmarketcap.com so this is all the coins so i would probably go maybe up to 25 not even try to go like within 20 because what we want is to have a coin with the biggest market cap so if the market is crashing it doesn't crash as hard uh compared to the smaller coin so let me show you the coin i currently have that i test and that i know it's working i'm on binance so all those coins will be available to you on binance if not try to find the one that you have and having like 15 20 or 30 different coin won't make it any better it doesn't matter so the one i have right now it's bitcoin ethereum iota nano teta atom solano uh dot and uni that's it that's all that's the one only one i have i know those one has been tested they're working fine and you can try also on your side if you want to do a couple back tests on different kind of coin but i know those ones are working and that's all what i need i don't need anything more than this now i have selected my coin and same thing with your base currency guys it doesn't matter what base currency you're using as long it's a stable coin it doesn't matter i really recommend you using any kind of usd usdt u.s coin from coinbase or whatever because
this this is the most popular one but the currency itself we don't care we just want a coin that doesn't change in value that it's stable so for binance the best one to use is usdt because it has a lot of volume it's very popular and there is a lot of coin available with that currency so i would recommend you usdt or any kind of u.s based currency for your crypto offer strategy make sure you have your strategy right here trading stop by right now it's enabled um but yeah you can use it or not doesn't really matter sell sitting very important profit take profit we have to take profit at 2.5 percent why like i told you that kind of strategy we're in and we're out as quick as possible we locked in profit and that's it we wait for another signal so that's why we don't want to stay in a trade for days or a week and as soon we hit the profit we get out sell strategies off everything is off so we don't sell any uh anything on strategies stop loss same thing we have to make it low and tight so right now i'm at 4.5 percent i did multiple back tests so anything between 4.5 5.5 percent it's pretty good there's even some coin that i did at three percent using that strategy that the result was also pretty good but not all of them maybe one two or three that i did that was okay um but the average 4.5 should be good trailing stop loss disable completely so for this strategy we won't use trailing stop loss we have a fixed profit at 2.5 percent we're in we're out that's it auto close disable shortening this
and by the way that's another question i got very very often now that we are in a downtrend market why don't we short the market the problem is crypto opera is not a real uh shorting feature all what it is it's selling the coin that you already have so let's say your own hundred dollar of bitcoin and you use this feature all it's gonna do is to sell your hundred dollar bitcoin and wait to buy it back later so that's not really shorting it's just to buy at a certain level and open to buy it lower when the market goes back down so we don't need to use that it's not real short so the best is just to leave it disabled same thing for dollar cost averaging so dca could be good on a bull market but right now i would not recommend it at all so once we have all the configuration make sure you click on your save button to save everything and also before i forgot um there's two coin like there's ethereum and bitcoin for the strategy that we need to modify a little bit so once you set up your configuration we just need to go here to config pool and we need to create a special configuration for btc and ethereum because btc and ethereum are the two biggest one their market cap since it's very high their movement is a little bit lower compared to other coin so we just need to change this so what you have to do is create so add a config pool and once you do that just give it a name and just put bitcoin in ethereum so select those two coin and we need to change setting just for those two coin so what we'll do all you have to do uh training stop by you can leave it there sell so take profit change this to one point six percent because like i said bitcoin and ethereum their swing a little bit uh smaller compared to uh other coin so make it 1.6 percent here and the stop loss change it to four percent so this one also can be a little bit lower and that's it the change the rest doesn't change you're not using anything else just click on save so crypto opera will have those a special configuration just for btc and ethereum now let's go on back testing and give it a try i have my coin right here so let's select atom the first one let's do load existing config so my config are right here i'll disable the trailing stop by for now and let's click start back test so i'll pause the video while it's back testing and i'll come back all right so here's the result so far uh this one was for atom so we have 78 percent uh successful cell 22 with loss which is perfect what are you looking for usually it's to have at least 60 of successful sell and the maximum profit is 10.3 percent so if we look quickly right here at the chart all the green line are buys and all the red line are sells so as you can see as the market is going up it's buying buying buying buying buying so you keep buying all the way up and once the markets start to go down as you can see nothing is happening we have one right here that was a stop loss but it's normal it's fine it's part of the game and then it goes down nothing is happening nothing is buying and then it buy right here and it does get a profit right here so probably two point something percent right well actually we can check so june 10th so if we go at june 10th no june 9 maybe yeah june 9 9 pm so that was a 2.91 or 2.6
percent right here so that was good and as you can see market is going down nothing is happening no trade no nothing markets start to go back up buy again buy again profit so we're in we're out same thing here we're in same thing here we're in we're out and then we hear we have a stop loss let's do a another one let's go to let's go to i don't know solano so let's try this one start all right so there's solano so as you can see same thing the market is trending on the way up there's multiple transaction transactions so there's a lot of buy by here and then when the market start to go down nothing is happening it's waiting for an uptrend buy here and then sell right away and then we have a stop loss right here then we go down we go back up buy buy and sell right away and then right here we have a another stop loss so this one is 63 successful 36 percent with a loss now one thing is important also another question i get very often get a comment in the comment section asking me or telling me that they just started their bot two days ago and nothing is happening no trade is coming in then nothing is moving on crypto upper and they wonder why well this is a very good example so let's say you start your bot on june 11 well as you can see june 11 12 13 14 no trade at all why because the market is going down right now the market is crappy so you cannot make money with a crappy market so the bot won't buy anything it will just wait so if your stock or even worse let's say you start your hopper right here on june 9 or 10th and then the first trade that happened it's a loss five percent loss and then three days later nothing going on well look at the chart and you will see why it's going on it's because the market it's not in a good position to take any trade so this is why all right so let's try one last one so let's go to data right here and start while it's currently back testing don't forget my goal number one is not to lose any money when we have a really bad market like this or at least make a little bit of money but my goal is at a minimum not to lose anything that's the most important thing and when the market start to go back up and get better again we can start make a lot more money but at this point we need to keep what we currently have and by the way guy if you think this information is valuable well i would really appreciate if you could smash that like button all this information i'm giving it completely free to you and free information it's always good you get better to understand how crypto opera work and you can at least make better decision to make more money and by the way if you're not subscribed well make sure you subscribe if you don't want to miss any of my future video all right so back testing is finished let's go back to my screen so this one is teda this one actually was pretty good so 19 83 successful sell and 16 which was only five well maximum up to five uh loss for that period so it was from may 31st up to june 19 so for about about three weeks same thing here so if we look at the trend so there's a lot of buy and sell while it's going up now it's ranging so no trade all going down a little bit and then it start to move up again and as you can look right here there's a green line and there's a red line just beside it so that was a really quick 2.5 so get in and get out right away and then not long after markets start to go down again so no buy no transaction we're just waiting and then we have another successful trade here another successful trade here and that was probably loss and we have a successful trade here so don't forget guys if you're wondering yourself why your bots are not doing any transaction for a couple days well this is totally normal look at the chart from june 4th to june 7 there was absolutely no transaction no buy at all same thing here from june 10th there was one and the next one was june 14. so between june 4 and june 14th so in 10 days there was two transaction that's it um we're trading multiple coins so there was a good chance that there was another coin that was giving us a buy signal but for teta itself there was only two trade in 10 days because the way the market is currently going so let's go on the chart so i can show you exactly how the bot or how crypto opera decide to take a trade so let's go right here so let's start with atom so the first indicator let's go back to uh very quickly to my strategy so first thing is the mezza on the one hour so if i look on the chart right here i'm currently on the one hour so what i did i draw a box around where mezza was giving me a green or a uptrend signal or buy signal and by the way this is trading view i'm using and if you want to add the meson trading view just go to indicator type mezza and it will be this one right here mesa adaptive moving average by bran flake so you could put a star on it beside it so you you will have it in your favorite and then you have to go to the setting and put the same thing as i show you in the strategy so 0.3 and .003 like we did in this strategy right here 0.3.003 and also you can select right here enable bar color so it will change the color of your graphic so when it's green it's a downtrend when it's a green uptrend red downtrend so what i did on the one hour i put a box around all the uptrend signal giving by the mess up because don't forget the strategy is on the 15 minute so i go back to my strategy put it back on the 15 minute and from there i can see all the uptrend from the meza so let's say we take an example from this part right here so what are the condition condition number one is i need my mezza to be on the uptrend and then i need my dmi to be also on a buy signal so dmi it's right here at the bottom so if you want to add it same thing go to your indicator put dmi it will be this one right here directional movement index you don't have to change anything so the way dmi work when the blue line is above the orange line it's a cell signal so as we can see we have all the blue line here we have the orange line below so first condition we have to make sure that the mezza gave us a uptrend and then we look for the macd to go when the blue line cross the orange line for buy signal so do we have a buy signal right here no actually not i'm currently outside the box so i need to wait for the next one right here so let me put this a little bit bigger um okay right here so first one was outside the box that doesn't work second one blue line cross up right here so i'm inside the box which is good the blue line on my dmi is above which is good and i have a cross up right here on the mcafee on the mcafee on the macd so let's take my right here so we have two point five percent profit five percent stop loss and that's all that's the way i do all my testing so i have my box right here so i move it to where i have my buy signal right here now that's outside next one right here and i put it where it was so it would enter a position somewhere around here and it's a win so we have 2.5 percent so this one was good so if we look at the next one so the next one let's take another example so i have my macd crossing right here my dmi is in the blue so the uh yes right here crossing right here so this one is good we have another cross right here so MACD crossing up i'm still in the blue so we have a another win right here so we can keep going another cross bmi is blue we have a win and then we have another cross right here but dmi is red or orange so that's not good we have to wait another cross up right here this one is blue but this is good so we're in profit and i keep keep going like this so i have another cross right here so that would be maybe a profit here another profit here and right here we have a cross up but we have the blue on the dmi so that's not good so that's the way it's done so if you want to test it out like i said this is tradingview.com you can create
a free account if you want to i'll put the link in the description if you want to access it and by using my link if you decide to buy a subscription you will be getting a rebate also and if you want to try other coin that i mentioned you can try them just back test them and see what kind of result you are getting so that's it for me i hope you dislike this information if it was valuable i would really appreciate if you could give me a like on this video and if you're not subscribed well make sure you subscribe to my channel i do cover a lot of video on how you can make money in crypto i do cover uh crypto opera so if you're very interested in crypto opera well this is the place to be so i hope you have a wonderful day and i'll see you very soon on the next one thank you bye