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Signals | Overview

WELCOME TO THE BLOCKPARTY TRADING COMMUNITY.

A COMPLETELY FREE PREMIUM TRADING SERVICE.

 

Simply join the BlockParty Discord Community for full access to….everything.

 

Check out some of the services you can expect

| Trading Floor |

Comprehensive Trade Signals with full entry, take-profit and stop-loss structure. Operating across 300+ Spot USDT & BTC assets and 130+ Futures assets for both long and short opportunities covering , short, mid and long term styles

| Market Scanners |

24/7 automated Market Scanner notifying you of potential trade opportunities.

| NewsRoom |

Buy The Rumour, Sell The News – It helps when you have all of the right news all consolidated into one place.

| Community |

Alongside the 24/7 pro-trader support is a thriving community of like minded traders.

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Trading Floor

Trading Floor

Trading channel

Here we publish daily trade signals complete (called Premium Trades) with full analysis, daily macro & micro BTC updates to help stay ahead of the market as well as trade updates and results. We maintain a 60%+ win rate on our spot trades (using a 1:1 risk/reward ratio) and since we use only BPT tools to create these trades you can follow along exactly so we all profit together.

How to enter a Signal?

Premium Trades are often the entry point for a lot of BlockParty Traders. They are simple and require only a small amount of knowledge initially. As you progress and become more adept at trading or even begin to develop your own personal trading style they can be adapted to suit your needs. We’ll come back to this later.

We look to publish multiple trades per day where we see good entries and price movement. We anticipate you having up to 10 of these trades open at a time. The frequency is important as we are often looking to take advantage of bullish periods.

The trades are based on current trade analysis so we are looking at the here and now and the immediate future. We are not taking a long term projection into account when opening these trades. For example we may be long term bearish on Dogecoin but see the ability to make a quick 10% in a trade.

Premium trades should form part of a diverse investment strategy. They are primarily used as a way for new traders to quickly build some capital, as a way to determine your personal risk tolerance, your attitude towards loss (it’s a big part of trading!) as well as teaching you the importance of clearly defined exit strategies. They sit apart from our DCA bots in their active use of clearly defined and pre-set stop losses.

Employing stop losses allows you to remain liquid in market corrections or crashes or to simply take another opportunity quickly if a better one appears.

For more advanced traders premium trades can be a consistent profit source, trading will in good market conditions often out profit automated trading. Ideal conditions for these types of trades are a bullish BTC with declining BTC dominance. I.e we want to see Bitcoin prices increasing and the profits from BTC flowing into more speculative alt positions. We have a video on this market cycle on our YouTube channel.

Allocation

Because we are going to have multiple positions open and because we will be trading with Stop Losses we look to allocate a small % of our total trading allocation to each trade.

We give the exact amount (as a percentage) that we are investing in the trade as part of the published signal.

This amount fluctuates because we work with stop losses and a risk first trading system.

The size of the stop loss determines how much we invest as we set a ‘max loss per trade’. If our max loss per trade is 1% then we adjust the amount invested according to the stop loss to ensure that the potential possible loss is capped at 1%.

For example if our Stop Loss is -10% then we can invest 10% of our total allocation because hitting stop loss at minus 10% means that we lose 1% of of our total investment.

Total Allocation = $100
Amount invested = $10
Stop Loss = -10%
Total loss = $1 (1% of total investment)

As the required stop loss moves rather than risk losing more or less than 1% we adjust how much we invest.

Trades will be posted in USDT, BTC and USDT Perpetual Futures pairings. Although the chosen base currency will depend on the market as a basic set up we would suggest having an equal split of BTC and USDT with about 10-15% of your total allocation for Futures trades (should you wish to trade with leverage).

Take Profits

Take profits  derived from the Stop Losses with a 1:1 risk reward strategy so if a SL is -10% our TP will be +10%.

We also include stretch TP’s. We work 100% to TP 1 but you can split your allocation between the two targets or even work exclusively to the stretch targets. Either follow our prescribed set up or adjust to suit your preference.

If you find you are missing entries then you can automate these trades via a service called Anny. Example of a Trading Channel ‘Premium Trade’;

Summary

Premium Trades are short term trades designed to provide quick profit and maintain your liquidity (especially important when also using DCA bots).

This is real risk managed trading that is sustainable. We trade through bull and bear markets successfully as we can properly manage risk and take short positions when the market corrects or collapses.

You can follow our strategy exactly or manage your trades as you see fit. Some traders simply use our signals for entries and manage to their preference from that point on. For example closing trades in profit if the market turns, not entering trades if you are unsure of the overall market, and managing your allocation so that any potential losses are easily recoverable.

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Signals | Overview

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Market Scanner

Market Scanner

A market scanner is a tool used in trading that helps traders identify potential trading opportunities by scanning various financial markets and assets for specific criteria or patterns. A market scanner typically uses various technical indicators to filter through vast amounts of market data and generate a list of potential trade setups.

Market scanners can be helpful for traders who want to save time and effort in analyzing multiple markets and assets for potential trading opportunities. By using a market scanner, traders can quickly identify potential trades and focus their efforts on analyzing the most promising setups. However, it’s important to note that market scanners are not a guarantee of profit, and traders should always conduct their own research and analysis before entering any trades.

Our Market Scanner pulls trade information from over 530 crypto trading pairs alerting you to tradeable technical signals. It produces over 100 unique, reliable trading signals per day.

How to Trade using the Market Scanner

One of the most under utilised tools in the BlockParty fleet is the Market Scanner. Designed to allow you to access the same signals that trigger premium trades, the Market Scanner is essentially a price action alert service. It tells you which charts to check and the direction the assets are moving in, whether you trade and indeed profit is then all down to you.

The market scanner shows you the alerts that we then build into trades in the trading channel. Because we apply risk management we often reject signals either because of the condition of the wider market or because the signal exceeds our risk threshold requiring too large a stop loss or because we already have too many positions open and therefore too much market exposure.

If you want a higher frequency of opportunities, to take more risk or to adjust our signals to suit your style more the market scanner gives you access to a 24/7 stream of tradeable opportunities.

I would suggest that you also have available the BTC chart, the BTC dominance chart (BTC.d on Trading View) and the BPT newsfeed to hand. Prior to trading check that BTC is either in an uptrend or at least relatively stable. For example in a ranging market try to catch it on the bounce. If BTC is falling and dominance is increasing then volume is being sucked from ALTS and despite your analysis being correct your trade will likely fail. All trades are made at your own risk so start with paper trading or theoretical trading until you are confident in your analyisis.

Example Market Scanner signal;

The volume of market scanner signals should give you plenty of opportunity to test your analysis and preferred trading style. We’d recommend recording all your trades and your entry reasons as well as the background circumstances (BTC movement, BTC dominance and any news around the project you are investing in). Use these notes to refine your trading style and preferences. Happy Trading.

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Trading Floor

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Newsroom

Newsroom

News is important to crypto traders because it can significantly impact the price and volatility of cryptocurrencies. Cryptocurrencies are a relatively new asset class, and their value is largely determined by market sentiment and investor demand. News events can influence market sentiment and investor behavior, causing significant price movements in cryptocurrencies.

For example, positive news about the adoption or use cases of a particular cryptocurrency can increase demand for that cryptocurrency and drive up its price. On the other hand, negative news such as regulatory crackdowns or security breaches can lead to a decrease in demand and a drop in the price of the cryptocurrency.

Crypto traders need to stay informed about news events and developments that can impact the crypto market to make informed trading decisions.

Access to the curated BlockParty Trading Newsfeeds allows users to stay  on top of the latest news and analysis so traders can identify potential opportunities or risks and adjust their trading strategies accordingly. The news channel gives context to the decisions our trading team are making and can help you understand how to best react to unfolding events.

Our newsfeeds are invaluable to crypto traders because they provides valuable insights into market sentiment, investor behavior, and potential market-moving events. By staying informed and using this information to their advantage, traders can improve their chances of success in the crypto market.

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Market Scanner

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Community

Community

Community is important for traders because it can provide a supportive environment, access to valuable information and resources, and opportunities for collaboration and learning. Trading can be a lonely and challenging activity, and having a community of like-minded traders can help reduce feelings of isolation and provide a sense of belonging.

For these reasons BlockParty trading has an open chat channel where you can talk to our community of over 300 traders to discuss all aspects of crypto currency, ask questions and get the help and support you need from our knowledgeable, inclusive and friendly community.

Advantages of joining a our trading community:

  1. Access to valuable information: Trading communities often have members who are experienced and knowledgeable in trading and can provide insights and information about market trends, trading strategies, and risk management. This information can be valuable to traders who are just starting out or who want to learn more about trading.
  2. Support and accountability: Trading communities can provide a supportive environment where traders can share their experiences, challenges, and successes with others who understand their struggles. This support can help traders stay motivated and accountable in their trading activities.
  3. Opportunities for collaboration: Trading communities can provide opportunities for traders to collaborate on trading strategies, share resources, and learn from each other’s experiences. This collaboration can lead to new insights and approaches to trading.
  4. Networking: Trading communities can provide opportunities for traders to network with other traders, brokers, and industry experts. This networking can lead to new business opportunities, partnerships, and collaborations.

Overall, trading communities can provide a range of benefits for traders, including access to valuable information and resources, support and accountability, opportunities for collaboration, and networking opportunities. By joining a trading community, traders can improve their trading skills and knowledge and increase their chances of success in the markets. We have 3 pro-traders monitoring the chat 24/7

We ask you to be respectful and courteous to all members when using the chat.

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Newsroom

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Indicator | Overview

Indicator | Overview

“nothing in trading is guaranteed”

Indicators and trading strategies can be quite a complicated and intimidating world although we have aimed to make this as simple to read and user friendly as possible to cut out all of the noise and just show you the important bits – where to buy or sell and where to take profit.

It is important to remember that indicators and strategies success is always based on its historical successes so whilst there is a good chance that the historical performance will probably lead to the expected results it is not a guarantee – nothing in trading is guaranteed. Now that the boring disclaimer bit is out the way lets get to the fun stuff.

First lets understand what everything means and then we can find out how to use it!

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Community

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Indicator | General

Indicator | General

“load the magazine”

Before you can “point & shoot” with all of your trades your will need to apply some basics first like how to add the indicator to your chart – so make sure you load the magazine first

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Indicator | Overview

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Setting A Trade Alert On Indicator

Setting A Trade Alert On Indicator

“don’t spend all day looking at charts if you don’t need to”

 

When using BlockParty Indicator Alerts are set in the regular way 

However before you set any alerts you will need to check to ensure that your alerts are configured to reflect your strategy.

To do this we first must look into the Indicator settings.

 

 

To set the alert click on the clock icon on the chart you are viewing.

 

Set the deal start condition to the indicator

Set the expiration to ‘open ended’ to be alerted every time trade conditions are met and then click onto notifications.

Cut and paste your web hook into the space provided and click ‘create’!

 

 

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Indicator | General

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How To Add An Indicator

How To Add An Indicator

“The journey starts now”

How to add your BlockParty indicator on Trading View

The journey starts now, once you have completed a subscription to either BlockParty Impulse Strategy your custom BlockParty indicators will be added to your Trading View account. You will receive a notification on Trading View to let you know that the indicators are available. To use them you will need to add them to your charts;

1. Load up Trading View and load any chart.

2. Hit “indicators” on the top taskbar;

3 Then select “invite only scripts”

4. Now add the indicators to your chart set up by clicking on them.

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Setting A Trade Alert On Indicator

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Indicator FAQ's

Indicator FAQ’s

Please find the most commonly asked questions here:

 

Can I upgrade from a Signals Subscription to an Iindicator Subscription?

Yes this can easily done on the website. Simply log into your blockparty account, go to billing and upgrades by clicking on the credit card icon on the right and clicking the ‘Upgrade to Indicator’ button.



Is Indicator (Or Automation) included in lifetime?


No BPT | Indicator is a new & separate standalone subscription. Existing lifetime members are however entitled to purchase a lifetime Indicator subscription (not available to non lifetime members) for $4,499.



Can I get a free trial?


Yes sign up for a free trial here.



Can I automate it?


Yes, you can send signals from the indicator through to 3commas or Mizar to run your own trading bots. Details on how to do this is included here.



Can I make a bot and sell it on 3commas or Mizar and can I make a signal group on Anny or offer copy trading services using Indicator?

Yes, we offer commercial licenses for our products for all platforms. Price available upon request. Contact @BPTadmin on Telegram or email admin@blockpartytrading.com

 

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How To Add An Indicator

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Indicator | Guide

Indicator | Guide

In depth content guide, strategy and backtesting for BlockParty | Indicator

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Indicator FAQ's

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BlockParty Indicator | How To Use

BlockParty Indicator | How To Use

“it helps to know what you are looking at “

This section will cover what everything on the chart, and in the settings, does. It helps to know what you are looking at before you can start applying it. There is only one indicator although it has a huge amount of utility.

The BlockParty | Indicator offers 6 mandatory tools for successful trading in one package. It can be used to  support wider trading and offers direct signals – the key tools included are:

|  Trendlines  |  Moving Averages  |  Pivots  |  Support & Resistance  |  Signals & Targets  |  Alert Management  |

 

 

| The BlockParty | Indicator |

 

 

The indicator is extremely easy to use, but don’t mistake its simplicity for weakness its ability to make you profit is unparalleled.
Lets just start from the top and take a look at the BlockParty | Indicator settings. All settings are accompanied with a ‘tooltip’ to tell you exactly what it does. To find the settings and ‘tooltips’;

 

| SIGNALS & TARGETS |

This is the engine of the BlockParty | Indicator – don’t be fooled by the simplicity of these signals, represented only by a 🐮 or a 🐻 – there is a huge amount of logic behind the scenes that generates these signals. Thee is the further option to display the targets as set by you in the settings to help set up trades as quick as possible. Since there is so complexity to the logic of these signals there is a little necessity to wait for any other confluences to enter. Although the limitations that affect all indicators such as news and fundamental impacts of assets are not taken into consideration – therefore also be conscious of wider market news that could affect the asset you are trading otherwise it is very much a point and shoot indicator.

On the chart you are simply looking for:

| 🐮 which represents a Long Signal

| 🐻which represents a Short Signal

 

 

Additionally There are also the Take-Profit & Stop-Loss Zones that can optionally be made visible. These are simply to represent the immediate targets and help to set trades up quickly and accurately. Although these are just a guide and it is always advised that if you can get a better entry (ie. a lower price shown for a long or a higher price shown for a short) then always do!

| SIGNALS & TARGETS SETTINGS |

All tools on the BlockParty | Indicator have the ability to customise them to a personal preference although all settings are defaulted to how the BlockParty Trading team uses it. Additionally there are tooltips on each setting to give you information on exactly what it does if you get stuck. To access the settings and find the tooltips check it out below:

To open settings for the indicator just click on the cog icon.

To find the tooltips then just highlight the | i| next to each individual setting. Simple.

Lets take a closer look at the signals and targets settings:

 

| Show Conservative Signals |

Shows Conservative Signals – This will be the FIRST signal in a new long or short direction and ignore the rest until a new direction is confirmed – this reduces frequency but also decreases overlapping of signals

 

| Show High-Frequency Signals |

Show High Frequency Signals – This will show all available signals – increases frequency but will cause increased overlapping of signals

 

| Show Signals Positions |

This shows the full trade set-ups with the take profit and stop loss zones – you can deselect it to hide as it can clutter the chart and when you become more experienced it is unlikely you will need it on constantly. Please note that these targets will reflect the automated signals and targets that are used.

 

| Stop-Loss Sensitivity |

All of our stop-losses are based on general market structure and most notably the most recent Swing Low or High. In general the signals will operate with a mean reversion or a pull back style entry in mind (as most do) therefore 99% of the time there is a pretty significant swing low or high (with experience and time you will spot these as second nature although we can help you out in the meantime). Unfortunately accurately defining these in a mechanical sense can sometimes be tricky as person A and person B may have different opinions on the “most recent swing low/high”.

Therefore you can increase/decrease the Stop-Loss Sensitivity to define how many candles back the algo will check for the highest or lowest point. Increase it for a heavily confirmed swing high or low but beware this will also impact your Risk:Reward and with a Stop-Loss that is too big then it might put your Take Profit too far out of reach. You can also decrease it to make for a much more aggressive trading style and take the absolute nearest swing high/lows which will make your Take Profit targets much closer (usually) but will also increase the chances of getting stopped out unnecessarily. This impacts both long and short signals

 

| Risk:Reward Target |

This is your Take-Profit target that will impact both long and short signals. It is set to a default of 1x (There if there is a Signals with a Stop-Loss of 5% it will multiple that by 1x and your Take-Profit will be 5% too). Lower will result in a higher win rate and but the Stop-losses will hurt more and increasing will lower the win rate but the take profits will impact much more.

 

| Take Profit & Stop-Loss Colours |

Not terribly exciting – these will just change the colours of the Take-Profit and Stop-Loss Zones.

 

| HOW TO USE SIGNALS & TARGETS |

This is why we are all here right, tell me when to enter and when to exit….well, this really couldn’t be easier. Be sure to review the Indicator Strategy on the next page for tips on how to improve these trades and also how to ensure you are following a strong trading strategy as a good trade entry is only half the battle and finally make sure you fully review all of the tools below and how they can help you with identifying the stronger entries.

The first thing to address though is…YOU CAN ENTER EVERY SIGNAL IF YOU WANT. The reality is though that you will be restricted to certain trading sessions so when back testing and reviewing the effectiveness on different assets/timeframes it is worth bearing that in mind.

Key things to remember:

Enter the trade on the close of the signal candle or in a better entry if possible.

Stop-Loss: Set your stop-loss to the recent swing low/high or where is shown by the stop-loss zone. You can add a minor additional 0.1% for example to help give the trade a chance to bounce from strong area of support/resistance – although do not make this too large as it will detriment your Risk:Reward. Usually regardless of your entry the stop-loss will often remain the same as signified by the indicator.

Take-Profit: There is actually two options that you can follow to set your take-profit. You can either stick to the fixed targets as signified by the indicator (which assumes you enter the trade EXACTLY at the close of the signal candle) OR you can set the stop-loss in line with the followed Risk:Reward – these are completely dependant on the strength of your entry. That one will increase your winrate and the other will increase your potential profit.

For example if you receive a signal for an entry at 5, with a 1:1 risk reward and your stop-loss was 2 and your take profit would then be 8. however if you ended up entering the trade at 3 instead then your risk reward would be heavily weighted towards the take profit at 5:1.   So you have the option of keeping this strongly weighted Risk:Reward although your win rate/likelihood of hitting the take profit would still align with the expected strategy win rate alternatively you can stick to the original Risk:Reward of 1:1 lowering your Take Profit target to 4 – dramatically increasing your chance of hitting take profit. Ultimately it is a personal preference on what to do here.

 

| TRENDLINE|
+ LEARN ABOUT TRENDLINES

The BlockParty | Indicator Trendlines have been made as simple to follow and read as possible without cluttering up the chart too much – at the same time as not sacrificing the strength and importance of these. These trendlines by default have been set to what we deem as the best settings to aid with confirmation of potential breakouts or rejections – they are the only other tool that also have their own breakout alert with them. Trendlines are and can be extremely subjective so it is never advised to solely rely on them as a stand alone indicator although can act as a great confluence.

 

The trendlines are simple to identify and simple to read – the solid line is an established trendline and the dotted line is a projection of the established trendline.

 

| TRENDLINES SETTINGS |

There are very limited settings for the trendlines as it can be over complicated very quickly lets take a look at them

 

 

| Trendline Sensitivity|

In order to calculate the trendlines the algo needs to be aware of how far or in this case how many pivots (essentially a swing high or low) it needs to look back in order to connect in order to create a trendline. The default is set to 20 although it can be changed as per preference. Increasing it will result in fewer and longer term trendlines – great for macro trading and reducing will result in far more trendlines that can be great for scalping although can lead to ALOT of false breakouts.

 

| Bearish/Bullish Trendlines |

You can update the colours of the trendlines here

 

| HOW TO USE TRENDLINE |

 

Breakouts | These are best used in confluence with the main signals when a breakout occurs near or at the time of a signal then that is a pretty good confirmation/confluence to suggest the signal will go onto target

 

Rejections | Inversely if there is an opposing trendline to a signal that has seen the price reject a breakout of a trendline this again is a strong confluence to use

| MOVING AVERAGES |
+ LEARN ABOUT MOVING AVERAGES 

 

Moving Averages, although a lagging indicator are present on a large majority of trading charts and thus result in being a very strong indicator providing you are using relevant moving averages and timeframes. The BlockParty | Indicator helps encompass all possible variables that you may need from a moving averages including the flexibility of setting them to the preferred length, to a different timeframe and/or different moving average calculation whether it is a standard exponential or a hull moving average there are 9 options to choose from. The default is set to the 20, 50 & 200 Daily Exponential Moving average  given these are arguably the most popular types, lengths and timeframes.

 

 

| MOVING AVERAGES SETTINGS |

There are quite a few settings that can be adjusted for Moving Averages and it is mainly down to personal preference in how to set the up

 

| Moving Average Type 1,2 & 3 |

You have the option to adjust the calculations for each of the moving averages – each have their strengths and weakness – find what works for you and your strategy – we just stick to the most popular – EMA

SMA | Simple Moving Average

EMA | Exponential Moving Average

WMA | Weighted Moving Average

RMA | Relative Moving Average

HMA | Hull Moving Average

DEMA | Double Exponential Moving Average

TEMA | Triple Exponential Moving Average

VWMA | Volume Weighted Moving Average

ALMA | Arnaud Legoux Moving Average

 

| Moving Average Length 1,2 & 3 |

The length simple relates to the literally number of candles that will be factored in to the relevant moving average calculation that is selected.

 

| Moving Average Timeframe 1,2 & 3 |

This clever function allows you to be looking at your chart on one timeframe 1 hour for example and you can adjust the moving average timeframe to a different one, like Daily timeframe for example. This helps to be malleable with the preferred trading timeframe whilst also locking in the the preferred moving average timeframe.

 

| Moving Average Colour 1,2 & 3 |

This simply relates to the colour preference of the moving average

 

| HOW TO USE MOVING AVERAGES |

Established Trend | One f the most common practices for moving averages is to use them to simply help identify the direction of the market, bullish or bearish. This can be a combination of price being above the 200 EMA to confirm a bullish sentiment or when the 20 EMA is below the 50 EMA to confirm a bearish trend. If trading was this easy then we would all be millionaires –  due to the lagging nature of moving averages the thing that gives them their strength is also their down fall and can often lead to late entries and often causing false confirmation during periods of consolidation. They can be powerful with various personal combination and settings or simply confirming the macro trend. When using them in conjunctions with the core signals they won’t really have a huge impact as the signal logic already has a great deal of foundation in play that you will often miss more successful signals than gain by abiding by a moving average trend.

Support/Resistance | Since moving averages are probably the most common indicator in all asset classes – it gives them a great deal of strength in regards to support and resistance. They can be used 2 ways in this sense as a pullback/bounce or a breakout. Literally treat them like a moving support/resistances with a big caveat – they

 

| PIVOTS |
+ LEARN ABOUT PIVOTS

Pivots are a unique but powerful way to visualise a “central point” or “median” over a set period of time. A pivot is a significant price level known in advance which traders view as important and may make trading decisions around that level. As a technical indicator, a pivot price is similar to a resistance or support level. If the pivot level is exceeded, the price is expected to continue in that direction. Or the price could reverse at or near that level. In a nutshell it means that usually the large amount of trading has occurred in these ranges from the previous pivot period and thus it can act as an unseen support/resistance for this reason.

They are one of BlockParty Trading’s favourite tool’s as they are so simple to use in multiple way and can be so powerful. A very simple way to use them is using the weekly pivots – if one has not been “tested” (essentially the price has not touched the shaded box at any point) will highly likely revert and test it in the relative short-term – there are a few examples below.

 

 

| PIVOTS MENU |

| Show Pivots |

Hide or Show the current or historical pivots

 

| Hide Historical Pivots |

This will hide any of the older pivots on the chart but keep the most recent one visible – handy to see if there are any older untested weekly pivots given the high fill rate of these

 

| Pivot Resolution |

You can adjust the pivots settings to either Daily, Weekly or Monthly


| Pivot Colour|

Adjust the middle line colour

 

| Pivot Fill |

Adjust the pivot shading

 

| HOW TO USE PIVOTS |

Untested Weekly Pivot | This is explain in the intro and above screenshot, used alongside the Signals it can had a strong confluence. For example, if price moves down aggressively and does not test the weekly pivot, you then receive a Long signal then this would be an extremely strong confluence to suggest that Long signal could become successful – it additionally may give you an extended take profit target if the untested weekly pivot exceeds the suggested take profit according to your pre-set Risk:Reward/
Please note we specifically say weekly pivots as compared to Daily and Monthly pivots they have the strongest consistency of this occurring

Support/Resistance | Where ever key price action occurs then it can be argued is a support/resistance as there will be some expected price action to occur again up on a revisit. Which is why Pivots (you will have to use a higher timeframe pivot to the chart timeframe eg. 1hr or 4hr chart timeframe will require at least a weekly or monthly pivot). There fore you can use these in confluence with the BlockParty Signals for example, if there is a noticeable rejection from a pivot, lets say price is trying to make a move up and it gets pushed back at the pivot, followed by a Short signal then this would be a great confluence to add to the strength of a Short trade.

 

| SUPPORT & RESISTANCES |
+ LEARN ABOUT SUPPORT & RESISTANCES BASICS
+ LEARN ABOUT SUPPORT & RESISTANCES ADVANCED

Support & Resistance will probably (should probably!) be the first thing you learn in trading although it can sometimes be a little tricky to see instantly or quite laborious to  draw on yourself for every single chart. Similar to the trendlines they can also be quite subjective so we have added in the ability to customise them to your preference. In a nutshell support and resistance in the traditional sense will simply isolate key price action areas where there are likely buys/sells waiting to be filled which in turn can cause bounces/rejections or if enough pressure hits them break and cause breakouts.

We have done our best to provide easy to read all encompassing support and resistance zones .

 


| SUPPORT & RESISTANCES SETTINGS |

There are more settings for the support and resistance zones than any of the tools so it is worth understanding what each setting does to maximise the benefits for your personal trading style

| Pivot Period |

The general logic with confirming pivot points is how long the logic waits/looks back to see if there is a higher or lower point after this number of bars has passed (20 by default) then it will establish that as a confirmed pivot point. These essentially act as anchor points for the support/resistance.

| Source |

This will confirm what your highs and lows for the pivots points will be calculated with. You can select the high/low (To the top and bottom wicks) or the open/close (essentially where the price is at the close of the candle, so it wont always be the actually high or low.

 

| Maximum Channel Width % |

This will give you a a bandwidth of the distance to “connect” support and resistances to form a support and resistance zone. Therefore if the pivot points are within x% of each other in terms of price then it will be connected to form a support or resistance zone.

 

| Minimum Strength |

This is how many pivot points need to connected or within the given parameters before forming a support or resistance zone. Therefore selecting 1 means that at least 1 pivot point needs to be within the channel width % price to the base/original pivot point

 

| Maximum Number of S/R |

This simply limits how many Support or Resistance zones will be visible on your chart at once to help control the clutter on your chart

 

| Loopback Period |

This is the number of candles back that the pivot points will be checked in – for example if there is a pivot point occurring 250 candle back from the current candle then it will be ignored

 

| Resistance Colour |

This is the colour adjustment for all of the resistance zones – all boxes underneath the current price

 

| Support Colour |

This is the colour adjustment for all of the support zones – all boxes above the current price

 

| Colour When In Channel |

This gives the option of a unique colour when the current price enters a support of resistance zone as it would usually indicator that some price action is likely to happen

 

| HOW TO USE SUPPORT & RESISTANCES |

Bounce/Rejection | Similar to the trendlines as price nears a support or resistance zone then it is a chance that price can bounce or be rejected quite heavily and receiving a signal at this point is worth taking into consideration as a long signal being received after a bounce off support can add a lot of strength to the conviction of the trade set up. This is usually best used in the format of a pullback.

Breakout | If a bounce or rejection doesn’t occur then it is likely it will lead to a break out or more usually a pullback, a break out followed by a pull back along wit ha signal is almost the perfect scenario.

 

| ALERT MANAGEMENT MENU |
+ LEARN ABOUT TRADINGVIEW ALERTS

This will be the biggest time saver to help save you from looking at charts 24/7 to catch that great trade entry. In essence Tradingview offers a nice little service that will allow you to attach these strong BlockParty Signals to an alert function that will notify you various ways that a trade opportunity has occurred. The basic notifications can range from a simple sound, desktop pop up, app notification or e-mail and with the webhook url you can get far more advanced using Telegram and even setting it to completely automate the trades for you.

PLEASE NOTE: There is a repainting logic within the code base for this indicator, this only impacts some of the supporting tools – absolutely no painting code that applies to the core signals.

 

 

 

| ALERT MANAGEMENT SETTINGS |

 

| Add Asset, Entry Price, Targets & Timeframe To Message ||

When box is checked, this will auto populate the message box with the following information:
Asset
Timeframe
Take-Profit
Entry
Stop-Loss

Example Auto-Generated Alert Message:
USDTSTX
Timeframe: 60

🎯 Take-Profit: 0.9048
💰 Entry: 0.8629
🚫 Stop-Loss: 0.821

PLEASE NOTE: If you want to to ensure a blank box then make sure that the Add Asset, Entry Price, Targets & Timeframe To Message  is unchecked

 

| Bullish/Bearish | Conservative/High-Frequency | BlockParty Signal |

This will activate whether alerts are received or not from the BlockParty Signals relative to which signals are selected – ADVISED TO NOT SELECT BOTH CONSERVATIVE AND HIGH FREQUNCY AS IT WILL CAUSE REPEATED SIGNALS

 

| Alert Message Box E.g Bullish BlockParty Signal|

You can enter any text you want here that will feature in the alert message to either yourself or to a bot/automation set up that is going via the Webhook URL
PLEASE NOTE: If you want to to ensure a blank box then make sure that the Add Asset, Entry Price, Targets & Timeframe To Message  is unchecked


| HOW TO USE
ALERT MANAGEMENT |

Telegram | You can use something like Make or Alertatron to attach a webhook to forward onto Telegram to customise and be more agile with alerts

Automation | See the automation section on how to automate these signals

Active Trading | You can simply use the standard Tradingview alert function to notify you – see how to set alerts here

 

 

| TOOLTIPS  |

To open settings for the indicator just click on the cog icon.

To find the tooltips then just highlight the | i| next to each individual setting. Simple.

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Indicator | Guide

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BlockParty Indicator | Strategy Guide

BlockParty Indicator | Strategy Guide

“point and shoot”

The BlockParty | Indicator has been developed with some incredible logic behind the scenes which means that ever single signal is a viable entry – making your life much easier. That being said this is only half the battle you have to ensure you are remaining consistent with your Stop-Losses, Targets and being dilligent with your entries in to trades. This is only the tip of the iceberg – make sure you tick off the Trading Checklist to give you the best chance at consistent success

 

 

Trading CheckList

 

Winrate: If you are expecting a 90%+ winrate then this isn’t for you. In almost every circumstance and extremely high winrate is relevant to DCA bots or strategies with a pretty poor risk:reward. They can make you feel good in the short term but will more often than not yield alot lower profit if any at all and are usually much much riskier in the long term. The reality is that this will average around 70% winrate but using on average a 1x risk:reward. therefore out of 10 trades based on 1% risk per trade you will end up with 3% in losses and 7% in wins giving you an overall return of 4% Net PnL which ain’t too bad.

Watching To Closely: Don’t drive yourself crazy with chart watching the whole point of this is that you get notified of an entry, you enter and then carry on with your day. We have done all of the hard work so you don’t have to. Additionally watching an asset closely is not going to change the outcome so don’t stress yourself out.

Forcing Entries: Do not chase entries, especially with scalping this will destroy your Risk:Reward ratios very quickly and long term strategies often work on quite fine margins you will only stand to make less and lose more. Aim to always get in with Limit orders as fee;s will kill you long term and slippage on market orders can be the thing of nightmares. If you miss

Taking Profit:  Can you increase these….absolutely. Although it does come with conditions and circumstance. 1st step is if you are laregly in profit then secure that and raise the stop-loss to break even. Just use your common sense here – if ther is a big announcement for example in the asset. Ie Disney assigns ETH as its native token and you have an ETH trade open….then go wild.

Stop-Loss: NEVER MAKE THESE BIGGER AFTER THE TRADE IS ACTIVE outside of the minor amount suggested in the strategy – it is only on a very rare occasion this will work out for you and especially when scalping these are the life blood of you being successful longeterm

Risk: Be sure to see the risk section after this for more in depth information – although this is just as important as the trading aspect. If you approach this wrong or inconsistently then you can end up in a scenario with 20+ 1.5x wins and 5 losses but still be in a net pnl loss. Therefore remain consistent with the same risk per trade (reletive to your account) and approach the compounding of the account responsibly too – ie. compound daily, weekly, monthly…not every single trade.

Practical: Backtesting is great to give you an idea but the reality is that it doesnt know your schedule or the number of trades you may miss due to delay or bad internet connection etc. So you need to be practical about your expectations and understand

Alerts: Have a good think about how many alerts you may need as the Tradingview account will be reletive to this – if you don’t need 400 then dont get the top account. Although Alerts are the foundation of making this whole process efficient and not anchoring you to charts. The sound notifications can be time efficiency life saver.

Multiple Screens: It really is advised to have multiple screens (or one long ass one) as usually you will be trading on 2 windows minimum – one for the startegy and analysis and one for placing the trade and monitoring it. Even if using the tradingview integration it is always worthwhile to have the exchange visible to ensure the trade is set up properly and more importantly closes properly.

Tradingview: This is a non-starter without Tradingview get familiar with it and the hotkeys, ensure you have your watchlists set up and alerts cooridinated properly and above all get familiar with the “Long & Short Position” Tools and them on the favourties bar immediately!!!

Practice/Patience/Psychology: These are one and the same – this is not an overnight to riches thing, low risk trading rarely is. So you will have to train yourself to endure the losses before you enjoy the riches. You can help youself get there by utilising the paper trading function on Tradingview and become an Impulse Strategy Ninja before you risk a Sat.

 

Setting up a Trade

 

Required Tools

– Tradingview
– BlockParty | Indicator
– Trading Terminal (Smart Trade Platform, Exchange or Tradingview)

 

Suggested Timeframe:

| 3min | Scalping
| 6hr | Swing Trades

 

Assets:

| Scalping | Top 10 Market Cap Crypto, Gold, Forex Majors
| Swing | All Crypto, Forex, Stocks

 

Exchanges/Brokers:

Any Exchange/Broker

 

Risk Per Trade:

Between 0.25% – 1% per trade (Go lower if large account, large number of assets being trade or trading very frequently per day and lower if vica versa)

 

Entry Price:

Signal Candle Close (Do not chase entries)

 

Entry Type:

Limit Order

 

Long Stop-Loss:

Recent Swing Low + Small Margin (Approx 0.1% – 0.2%)

 

Short Stop-Loss:

Recent Swing High + Small Margin (Approx0.1%-0.2%)

 

Stop-Loss Type:

Market Order (DO NOT RISK LIMIT STOP LOSS)

 

Take Profit:

1:1 Risk:Reward

 

No. Of Take Profits:

1

 

Take Profit Type:

Scalping | Limit Order
Swing | Market Order

 

Long Condition 1:

Any Long Signal | 🐮

 

Short Condition 1:

Any Short Signal | 🐻

 

Exit Conditions 1:

If candle wick has reached within 0.1% of the TP and not closed possibly due to liquidity or missed order

 

Exit Conditions 2:

Scalping | FED News

 

Automation:

Yes

 

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BlockParty Indicator | How To Use

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BackTesting & Assets

BackTesting & Assets

“Data is everything in trading”

Data is everything in trading – here is all of the compiled backtested data and also blank models for you to create and log your own

 

BlockParty | Indicator BackTest Data
Impulse | Backtest Data

 

Blank Backtest Sheet – Make a copy and edit for your own research.

How to complete;

Strategies and timeframe tabs are accessible across the bottom of the document. Select the trade strategy and timeframe you wish to test and rename the tab with the time frame ( E.g Crypto/Forex (wave) 15m to help you quickly find the data in future.

The data is ordered in time periods with notes about general market conditions to help give context to the results you produce.

Under asset select the asset you are backtesting.

Now on the chart for that asset use Alt V to draw vertical limes identifying the time period which you are testing take note of the total number of trades within this period and next to ‘asset’ on the backtest sheet note how many trades occur in total.

Work back through each trade, first recording the stop loss in the Stop box pictured below. This running total of stop losses gives us an average stop loss for the asset being tested in the time period tested.

Then record whether the trade hits TP1, TP2 or Stop Loss in the tally box. Only enter the final target hit (for example if the trade hits TP2 there is no need to also record the TP1 hit, the formula assumes it, similarly if the trade hits TP1 and goes on to SL there is no need to record the SL. Again the formula assumes it).

Now take the ‘Total’ figure and enter into the ‘Wins column for target one and target two. This will give you a running total of your results as you work through the backtest.

Notes

Once you have completed backtest data you can adjust your % of capital risked per trade (amount lost based on investment if SL is hit), the total allocation & cost of slippage and fees (exchange dependant) to simulate the expected results and returns.

This will allow you to find optimal set ups before you start.

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BlockParty Indicator | Strategy Guide

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Indicator | Advanced

Indicator | Advanced

Taking the usage of BlockParty | Indicator to the next lever

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BackTesting & Assets

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Risk Management

Risk Management

“its easy to be profitable, it’s extremely hard to remain profitable”

 

If you can master risk within trading then it ultimately just becomes a game of probabilty…and if you happen to have a strategy that’s probabilty puts profit in your favour then everything becomes much more straight-forward. Here are the key tips to ensure you are always in control of your risk. This is not a guide on how to spend your money it is a guide on the reality of trading and the areas of risk to be conscious of – at the end of the day – Your Money, Your Responsibilty. If something is not working for you it is your responsibilty to know when to reduce the risk, reduce the investment or just stop altogether and none of this constitutes finnancial advice.

 

Risk Per Trade – Arguably the most important part of this strategy is to ensure the risk remains relative and consistent per trade. What does this mean exactly? Basically if a trade hits the Stop-Loss you will lose this much in $ or % of your total trading allocation. It is very different from using a fixed investment per trade as if your stop-loss changes at all then so does the potential loss, and ultimately using a strategy with the exact same stop-loss for every trade should raise some questions!  Unfortunately there isn’t a one number that fits everybody solution but it is not too hard to work out. The key factors in deciding this are:
– How frequently are you personally trading
– How frequently are the opportunities for your strategy presenting
– What is the general expectation of time in trade
– What is your appetite for loss on a single trade/multiple concurrent trades
– How much time and understanding do you have to be able to manage trades
– The size of your balance and $$$ or % expectations
– Optional: Limitations due to Funded Account Evaluations/Rules
– What is the conviction rate (winrate for example) for the strategy

Using the above as a simple jumping off point to to narrow down what kind of risk % you should be applying to each trade. A couple of examples:

Scenario #1 – Strategy with high conviction, good appetite for risk, trades are open for long periods of time and only able to trade a couple of times a week – I would be allocating alot at around 1% per trade

Scenario #2 – Strategy is high frequency with low conviction but high risk:reward, using a big balance and have alot of time to dedicate to trading – I would be allocating a small amount at 0.1% – 0.15%

– Trading Balance – As they always say only trade with what you can afford to lose. Ultimately nobody wants to lose anything but the more important aspect here is using capital you can afford to live without as it may simply be tied up for long periods of time – therefore if its critical to living then DO NOT USE IT. Some good tips for balance to use and what to not use:

– Loans and Borrowing is a super bad idea – you can end up exponentially worse off which will only drive worse decisions from it.
– “Replace Function” If you want to grow your balance then use the “Replace Function” – utilise money that is spent on take-aways, fast-food, alcohol etc. and channel that into your trading balance as you are turning a guaranteed 100% loss into a potential profit, whilst also being a little healthy. Alcohol is a great replacement as its a terrible idea to drink and trade – trust me, YoLo’s don’t feel so smart in the morning!
– Capital Ear MArked for traditional savings – As per Strategy Allocation below it is advised to not use all of this but ultimately with the current annual interests of banks and inflation – leaving your money in the bank will ultimately lead to loss.
– Do Not dramatically extend your lifestyle after one big win – ie – don’t get a Tesla on finance after a good month of trading. Trading has its ups and dramatic downs. Until there is enough water under the bridge with consistency in strategys and profit then don’t over extend as the profit can disappear….the bills won’t.

– Manage Expectations – It is ultra-important to manage your expectations – the reality is that 5%-10% a month is simply unbelievable returns but very achievable in Crypto and with the right strategy. Extending beyond that accepting a little more risk can yield 10%-20% but as you target more then risk exponentially increases therefore having a target of 5%-10% within your risk limits per month is perfect and anything more is a huge bonus. Using the general parameters will help guard you against blowing up accoutns and even fitting within Funded Account rules. The reality is that to trade like a “pro” you have to practice very conservative risk management which usually means unless you are trading usually with about $100k+ balance then it is probably not going to be a the primary source of income, when trading with less people are inclined to up the risk to meet their target $$$ dollars, this is an exceptionally dangerous way to trade. Before committing to any targets, goals, increased risks always ask if you can sustain the worst case scenario – if not then re-evaluate.

– Strategy Allocation – Never allocate 100% of your capital to one strategy or investment vehicle. Try to diversify where possible or just simply ensure you sideline capital. Lets look at an example of this.

  1. (25%) Main Strategy(‘s) -Target Yield – 5%-10% pcm –   – Active Trading Strategies with focused risk management (This can mean higher allocation automation, swing/day trading strategies etc.)
  2. (25%) Low Risk – Target Yield – 1%-2% pcm –  Low Risk – DCA Automation/Limited Account Copy Trading/HODL’s/Staking
  3. (50%) No-Risk – Target Yield 0.5% p.a – Sidelined Account usually in stable coin (USDT/USDC)/bank/gold – most importantly on an entirely different platfrom/wallet/broker/exchange

Firstly, this is not a black and white allocation ratio – that is completely reletive to each persons appetite for risk and available funds. It may seem very low and the temptation to increase will be high although the reality is if you lose everything in the Main Strategy & Low Risk Strategy….Can you start again – if its a no then you are over allocating. You can win 1000 times but only have to lose big once to lose it all – remember you don’t only lose due to bad trading or strategy. It can be due to technical errors or malicious activity. Take FTX for example.

Exposure Risk Limit – This is a pretty straight forward rule – how much are you willing to lose in one pump/dump basically. This is where monthly/annaul profits can be completely lost in 1 minute when over exposed. So have a cap. The ultimate goal is to control the frequency of trades so that you are rarely meeting this limit although never in a position where you are missing out on several opportunities because of it. IF you are then it will be a case of revisiting your risk per trade and reducing it. If you are never getting close to it then revisit the risk per trade and increase it. As a rule of thumb you want to have this some where around 25% of your expected monthly pnl as it will always give you plenty of opportunities to regain a foothold and not wipe out your monthly profit on the last day!!!

– Frequency – Very important to understand that in Crypto for example the market follows BTC so if BTC dumps/pumps then there is an extremely high chance your trades will pump/dump. Therefore if you receive 25 alerts at 5pm then it is likely that all of those trades will be subject to the same movement at the same time as BTC – so even if they are perfect opportunities it only takes something like China to ban Bitcoin for the 400th time to sink the market and potentially all of your trades. Therefore the solution we find best in this scenario is to give yourself limitations – such as only 1 or 2 trades per hour, 1 trade per 15mins or even absolutely every single trade the strategy notifies you of. Providing there is complete consistentcy and a balance of division of the frequency of the opporutnities then the strategy become much much more in line with the backtesting expectations and ultimately the expected monthly Net PnL. Not having consistency here is essentially like changing your risk per trade which will heavily put the risk management out of skew.

Compounding – Lastly, compounding. In theory – absolutely brilliant and if it worked in practice all the time just like every new traders “pnl models” then we would all be billionaires. Unfortuntaely the reality of compounding is that people forget it works both ways – it additionally makes things like tracking your strategies and your balance closer a lot harder to do. Therefore the general solution we found that compounding it at chosen intervals. Such as daily/weekly/monthly – doing it per trade can lead to a disarray of expectations and if doign all risk management and calculations manually alot of errors and inconsistency.

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Indicator | Advanced

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Pro-Trader Advice & Tools

Pro-Trader Advice & Tools

“become a trading machine”

There are a few tips and tools that can dramatically improve your trading from efficiency, passive income and naturally profitabilty. With a little extra effort you can become trading machine! These are quite simple things from understanding the wider market to more granualr aspects of the Impulse Strategy.

 

Golden Rule Alert

Always Aim For An Improved Entry

This is the big, no huge difference between an automated strategy to a manual strategy and why you can almost 4x manual trading vs automated trading. With automated trading and specifically the entries it is very black and white in that when a candle closes, that price is sent and executed with no leaniency so it will never be higher and never be lower. Although in alot – probably most circumstances price will retrace below the signal candle close. Meaning that if you don’t you wait a little while then you may be able to get a much better entry price. When scalping AND using a risk reward basis the suggested stop-loss won’t change here but 2 dramatic things will:
With a better entry you can either:
1) Turn your existing Risk:Reward (eg. 1.5x) into a much bigger Risk:Reward (eg.2x) without needing to extend the take profit
2) Reduce you Take Profit target instead of aiming for 15% take profit if you were using 1.5x R:R with a 10% stop-loss you may now only need to aim for a 7.5% take profit if your entry was 5% lower and as now your Stop-Loss is -5% whilst you still have a 1.5x Risk:Reward – making the take profit twice as likely to get hit. See a couple of examples below:

 

Improved Entry that improves the Risk:Reward volume

Improved Entry that reduces the Take-Proft distance

 

Divergences

One of THE most reliable indications of price momentum across all assets. It is essentially when the price/candles on the chart start to diverge from the chosen oscillator, whether it is RSI, MACD, Stochastic etc. The Impulse Wave has a built in RSI to the traditional settings with using the OHLC4 source for the values to help confirm divergences specifically a little easier. We did not automate the divergences as they are often too lagging or give false signals so it is alwqys better to trcke them manually. You can use these to help confirm strong trend continuations or potentialy reversal and really suppor tthe exisiting Impulse Strategy signals. Check out the video below to help understand them further.

Money Flow (Crypto)

Crypto is often quite straightforward with investment priorities in the market it usually follows the rule of BTC > High Caps > Mid Caps > ShitCoins – although if trading was that easy then everyone would be millionaires. Therefore there are a few more charts you can look at to help gauge where the money is flowing. These are:

– Bitcoin Price
9/10 if this goes up then the rest of the market goes up and vica versa. Although it is also a good indicator to confirm if the BTC Dominance is rising and this is dropping it will mean that money is just flowing out of alts quicker than it is BTC. Althogh as a rule of thumb if the price goes up then that is usually bullish.

– Bitcoin Dominance
This is the % of the total crypto market cap that is taken up by BTC. IT can be interpretted many ways as it is always relative to Alts and stable coins. In order to use it effectively it needs to be used in conjunction with the Alt Market Cap and also the USDT Dominance to give an accurate read of where money is flowing. 

– USDT Dominance
Exactly the same as Bitcoin Dominance but with USDT – essentially using the most popular stablecoin. Usually when this rises people are lowering risk and getting out of risk assets – it can also mean people are brining money in ready to “buy the dip”. When it is falling it usually means people are buying alts and Bitcoin

– Crypto Market Cap Excluding BTC & ETH
This is the entire cap of all of the ALTS it helps paint one big picture of what the market is doing outside of the big 2. It is important to exclude them as since BTC and ETH dominate so much it will over shadow what the alts are doing. Extremely handy for alot of wide spread swing trading. 

– DXY

The $$$ – usually when this is pumping BTC is not and vica versa – look at this as the “safer haven” when this is pumping it usually means people are pulling out of higher risk assets (like crypto) or the FED is pumping it with news – either way when it pumps its usually bad for Crypto and vica versa.



A couple of scenarios to etch into your memory:

Buillish
Bitcoin Price Up
BTC Dominance Down
USDT Dominance Down
Alt Cap Up
DXY Down

Bearish
Bitcoin Price Down
BTC Dominance Up
USDT Dominance Up
Alt Cap Down
DXY Up

 

– Fed Announcements & Limitations

Nothing shakes the market like a speech from Powell – along with the periodic releases of FED data. It really pays to be on top of this and ensure you have it in your calendar for when the bigger announcements are dropping. Our favourite Fed News tracker is Crypto Craft. You can set alerts to be e-mailed to you. It is often extremely hard to call the right direction of the continued impact, nigh impossible but one thing is guaranteed that there will be blood….sorry, volatility. Therefore if you are trading tighter stop-losses in the Scalping style strategy for example then it is not a great idea to have alot of positions open prior to these announcements as they will like stop all of them out given the larger TP – it is goo practice to avoid trading 12 hours or so prior to the bigger announcements. This also applies the the Bitcoin Options expiry.

– Take Profit Adjustment To Resistance

A small but important task. The way the take profits are suggested are based on a multiplier of the stop-loss – which means that it DOES NOT take the more traditional “take profit at most recent resistance” – whilst it is compeltely fine to continue to use all of the suggested take profit targets indicated by the strategy (all of the backtesting results are based on these). Although it IS dilligent to adjust your take profit post-trade/during setting the trade up within certain conditions.

These conditions are if the suggested Take-Profit on the indicator is sitting on the “wrong side” of the resistance (Above for Longs & Below for Shorts) – additinally it needs to be within a an “acceptable range” in order to not comlpletely destroy the targetted Risk:Reward. As a rule of thumb try not to drop below a 1x Risk:Reward…ever. Check out an example below:

Whilst you are at it then it will help to understand support and resistances so check out this nifty video from everybodies favourite Rayner Teo

– Become A Copy-Trader (Anny/Bybit)

Be sure to take advantage of turning on the copy trading features available on Anny Smart Trade Platform and certain exchanges that feature good copy trading like Bybit and Bitget. With Anny it is as simple as flicking a switch and you can allow people to copy your trades adding even more potential profit. With the exchanges there is usually a more rigourous trial process to get featured. Personally we do not feel this breaches the commercial license terms and conditions on our side and ultimately it will help Impulse Strategy users potentially turn trading into full time living. Maybe if you get good enough we can put our feet up and copy you!!!

– Funded Accounts

For growing accounts this is an exceptional way to make the real leap from trading on the side to a full time income – the biggest hurdle in turning trading into a full time income is simple the account size, generally trading with anything under $100k can often leade to higher risk decisions that can also quickly lead to ruin. Funded accounts are a gateway to receive much larger funding to trade with but there are conditions and rule sets.

Make sure you check out the funded accounts section as it is a great way to apply the Impulse Strategy long term

 

– Fee’s

Super important when you start down the path of scalping (or high-frequency trading). There are a few things you can do to dramatically help these:

1) Limit Buy/Sell In to an order this is very achievable and relatively risk free – the downside is it can be annoying when/if you miss an entry and it goes to profit. Additionally you can limit order out with the flexibilty of trading on exchanges/smart-trade platforms quite safely although this is only recommended to do manually ie. watching it close. As these can miss. This will be the biggest areas of savings on fee’s.
2) Use affiliate links & exchange offers to take advantage of heavily reduced fee’s on the platforms. Since you are not long term trading you can be pretty agile with where you trade.

– Alerts

Don’t sleep on alerts! – they will simply save you so much time in trading as you will not have to be waiting and watching charts all day – the irony is that you will miss more trades than enter spending more time looking. With the Impulse Strategy you are not trading sub 1 minute and therefore do not need to be entering trades to the millisecond, there is enough breathing room to receive the alert and make the trade successfully and accurately. You may not need the top tier Tradingview account for the style of trading you are doing, if it is just the top 20 Crypto assets for example then you can simply use the Pro subscription which offers 40 alerts for $12.95 per month with the annual subscription and I believe that is usually heavily discounted every Black Friday (approx 50%) so very worthwhile getting in sync with that.

– Subjectivity

This is placed last on purpose with all of your newly honed skills achieved from skim reading/watching the above then (more specifically with the scalping strategy within Impulse) there is a degree of subjectivity that can be applied to increase the rate of winning trades and decrease the rate of losing trades. It is outlined in the guide about the “Grey Areas” although it is hard to know when to take them and when to not. So when trades are borderline like the below example which would have led on to a successful trade. Then apply things like – Are you approaching a key resistance, then don’t take the trade Or Is the Money Flow lookign great for Alts in general, then take that long. Apply what you know in these circumstances and trust your learnings.

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Risk Management

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Automating An Alert

Automating An Alert

Join Anny Smart Trade Platform  – 20% off  all trading volume fee’s for life

Is it possible to automate this strategy. In a word, yes. It’s very easy to.

There are limitations however you can set up alerts to trigger a buy or a sell making DCA bots extremely easy to set up and also automating entries to allow for trades to be manually updated with targets afterwards, although there is not the capbility of triggering a take profit or stop – loss or setting the take profit or stop-loss prices.

As per our Term’s and Condition’s should you want to launch a public products powered by the Impulse Strategy then written consent or a commerical license from BlockParty Trading would be required or access will be revoked and further legal action will be pursued. So just be cool and don’t cause any headaches.

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Pro-Trader Advice & Tools

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Automation On Mizar

Automation On Mizar

5% Off Mizar Fee’s For Life

The process for automating the ImPulse indicator is deceptively simple. First create your alerts on Trading view, add the Mizar endpoints and web hooks to the alerts and then create on Mizar a DCA bot to connect to and manage these alerts.

Mizar DCA bot creation guide 
Mizar Webhooks and Endpoints

Please note automated versions of the ImPulse Strategy will not work with Funded Accounts.

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Automating An Alert

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Automation On 3Commas

Automation On 3Commas

How to set up an bot on 3Commas.

The process for automating the ImPulse indicator is deceptively simple. First create your alerts on Trading view, add the 3commas endpoints and web hooks to the alerts and then create on 3commas a DCA bot to connect to and manage these alerts.

3commas custom signal bot tutorial

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Automation On Mizar

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Automation On Anny

Placing A Trade

Bitget – No Geo Restrictions – 20% Off Spot & Futures Fee’s

“here comes the hard part…”

Now you are an expert on knowing what trade to take….here comes the hard part – placing the trade.

There are multiple ways to actually trade depending on what asset you are trading and also what your chosen platform is. We will try to give a short summary on each platform to help guide you through to what the best option may be.

It may sound like a very simple step although this is the point at which mistakes can happen and in most circumstances time is of the essence so it is about finding the most efficient and safest route for suited to your trading style.

We will be starting off each section of the guide with assuming you have a confirmed trade using a Risk:Reward of 1.5x assumption.

 

Bitget – No Geo Restrictions – 20% Off Spot & Futures Fee’s

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Automation On Anny

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Place A Trade On Anny

Place A Trade On Anny

Join Anny Smart Trade Platform  – 20% off  all trading volume fee’s for life

 

“one of the most advanced pieces of kit out there”

Anny would be the number #1 pick as it is pretty flawless from being able to provide incredibly advanced smart trade, copy-trade and bot functionality with DCA bots coming very soon – but also other critical but often over looked areas in these platforms such as a really strong pnl tracker, a backtesting function (so you can hypetheortically see how your trades would have done with different TP’s, SL’s etc.) and finally the all important risk based investment tool. Why isn’t it number one, it really is simply down to speed of entering a scalp based trade – once/if that is rectified to be quicker then there really puts it level with Tradingview if not ahead due to the ease of being able to be copy traded by other trades adding an additional revenue stream and actually turning this in to a profitable platform to use (ie it negates its fees, which are exceptionally low anyway with the automatic income generated by the copy-trading fee’s – which BPT encourages you to do or at least try!). Highly rated.

Best All-In-One Platform

 

 

Requirements
– TradingView
– An Exchange or Broker
– Anny Account

Overview
Speed To Enter Signal: 7/10
Auto-Risk Calculator: 10/10
Post-Trade Editing: 10/10
Open Trade Tracking: 10/10
Cost To Run: 8/10 without Anny Exchange Affiliate Link | 10/10 with anny Affiliate Link |15/10 Copy-Trading without Affiliate | 20/10 Copy-Trading with Affiliate Link*
Asset Availabilty: 9/10 (Limited only to crypto with Forex provisionally planned for 2024 – 10/10)

* To further this you can also use your own Anny Affiliate link to receive 20% Anny fee’s back from users.

Added Perk
– You can easily make your account a copy-trade account to turn profit into further passive income

– DCA bots coming soon

Preparation

– Set up a trade first with the required leverage and risk per trade then it will remain in the memory

– Set your automation settings which will be remembered after one time – 100% at TP 1

– Link your Crypto Exchange

– Ensure there is balance in the Anny wallet to be able to conduct trades

– Changed DCA Entry allocation to 100% Entry 1


Process

– Receive Signal on Tradingview

– Open Anny & Select New Trade

– Select the Signalled Asset

 

– Change the entry type to DCA Limit

 

– Double click on the chart to remove the oscillators quickly and adjust the Entry 1 to Market Price, Stop-Loss to the suggested Stop-Loss on Signal and adjust the Take Profit to 1.5x Risk:Reward that can be seen on the trading terminal, select next


 

– Adjust the risk per trade to 0.25% to 1% and leverage with Cross then hit submit

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Placing A Trade

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Place A Trade On TradingView

Place A Trade On TradingView

Receive Discounts On Tradingview Upgrades

“the GOAT of Trading”

If you are lucky enough to have a broker or exchange available on Tradingview then you are ins luck as it is the GOAT of Trading platforms. If gives you the abilty to trade directly of the charts you are conducting your analysis on without the need of multiple screens or logins. It is still victim to a few negatives like slight price lag vs exchanges, quite limited crypto exchanges (although these will only increase) and lack of flexibilty to extend the trading to exchange native copy trading or Funded Accounts. Although the game changed for Tradingview is the really flexible Paper Trading option that you can use to practice your trading and until you are content tenough to start using live capital. A BlockParty personal favourite.

Best Overall

 

 

Requirements
– TradingView
– An Exchange or Broker

Overview
Speed To Enter Signal: 10/10
Auto-Risk Calculator: 10/10
Post-Trade Editing: 10/10
Open Trade Tracking: 9/10
Cost To Run: 10/10 – You will need Tradingview anyway
Asset Availabilty: 10/10 (Limited only by the exchange/broker you can connect)

Added Perk
– Exchanges/Brokers are constantly being added

Preparation

– Set the Order type to limit
– Set the long/short position default to preferred allocation
– Set the Long/short position default to preferred risk per trade
– Set the leverage if applicable to your exchange


Process

– Receive Signal on Tradingview

– Select Long/Short Position tool set the price to entry, set the stop-loss to suggested Stop-Loss and the Take Profit to a 1.5x Risk:Reward

– Optional: Double on it to double check the settings

– Right click on it and select “Create Limit” – This will populate the trade with all the required parameters and hit Buy or Sell. Yep, its that quick. 

     

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Place A Trade On Anny

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Place A Trade Direct On An Exchange

Place A Trade Direct On An Exchange

Bitget – No Geo Restrictions – 20% Off Spot & Futures Fee’s

Binance – 20% Off Spot & Futures Fee’s

Bybit – Get Up to 30,000 USDT when You Register, Deposit and Trade!

“if it ain’t broke”

 

Highly likely that an exchange was the first place you traded when starting in Crypto and also highly likely it is the same place you trade now. This is because if it ain’t broke then it doesn’t need fixing. The general issues with exchanges is they severally lack any kind of advanced trading tools like multiple tp’s, trailing stop-losses or investment/risk amounts – but what they lack in tools they make up for in zero lag and execution. For the purpose of this we will be using Bybit. The entry of the trade is pretty quick but there is a little bit of post trade management required.

Best For Crypto Scalping

 

 

Requirements
– Bybit Account
– Tradingview (Long/Short Position Tool*)
*Critical for automatically calculating risk

Overview
Speed To Enter Signal: 9/10
Auto-Risk Calculator: 1/10 (8/10 with Tradingview Tool)
Post-Trade Editing: 9/10
Open Trade Tracking: 8/10
Cost To Run: 10/10 – Only exchange fee’s
Asset Availabilty: 5/10 (Only Crypto on specific exchange available)

*Please note there is limitations on lot sizes with crypto, especially with funded accounts so beware as they will close trades automatically

Added Perk
– Some exchanges now carry copy trading such as Bybit so you can turn your profit into further passive income quite easily

 

Preparation

– Ensure your Tradingview favourite indicator bar has Long/Short Postion Tool on it
– Set your balance and Risk limit defaults on each of the position tools
– Tradingview Paper Trading Broker is linked and open on the chart
– Add all of the assetds  you are trading to the favourites on Bybit
– Preset all of the leverage amounts for each asset
– Change Order by to Quantity
– Have limit option pre-selected

 

Scenario 1

Receive Signal On Trading View

BTC/USD – Long Opportunity

Select Long Position tool set the price to entry, set the stop-loss to suggested Stop-Loss and the Take Profit to a 1.5x Risk:Reward

Optional: Double on it to double check the settings

Right click on it and select “Create Limit” – This will populate the trade with all the required parameters

     

Copy & Paste the “Units” quantity in the “Order By Quantity” and hit buy/sell

Now to add the Stop-Loss and Take Profits – select the TP/SL Button

Copy & Paste the Stop-Loss Price from the Tradingview trade set-up and paste in the stop-loss option and hit confirm. (If you want a Market Exit Take Profit then place the Take Profit price in here too)

Now hit the Close By Limit Button


Copy & Paste the take profit price from the TradingView trade set up into the Take Profit Price box and hit confirm

Trade now set up

 

 

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Place A Trade On TradingView

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Place A Trade On MT5

Place A Trade On MT5

“welcome to the 80’s”

For the vast majority of Crypto traders this is going to be like stepping back in time – welcome to the 80’s. You will be expecting Gordon Gecko to walk through the door at any point sporting an 8ft cell. Jokes, aside this is actually and unsurprisingly a serious bit of kit for both speed and aggregation. With a few minor adjustments and a little practice it quickly becomes a lethal bit of a kit.

Best For Non-Crypto Assets & Funded Accounts

 

 

Requirements
– MT5
– Brokerage Attached
– TradingView
Trade Assitant MT5*
*Critical for automatically calculating risk

Overview
Speed To Enter Signal: 9/10
Auto-Risk Calculator: 1/10 (9/10 with add-on)
Post-Trade Editing: 8/10
Open Trade Tracking: 6/10
Cost To Run: 10/10
Asset Availabilty: 7/10 (Limited on Crypto)

*Please note there is limitations on lot sizes with crypto, especially with funded accounts so beware as they will close trades automatically. THIS IS INCREDIBLY IMPORTANT TO BE AWARE OF!

 

Added Perk
– You can integrate MT5 easily with Funded Account granting access to huge fundsfor very little costs

Preparation

– Watchlist has all of the symbols in sync with your tradingview alerts or assets you plan to trade
– Your balance is correct, updated to what you want to trade with
– Trade Assistance is set to 1.5x R:R
– Trade Assistant Risk% is set to 0.25% – 1%
– If using Custom Balance then that is set correctly

Process

– Signal On Trading View

– Open MT5 & Drag, Asset To Chart From Watchlist If Not In An Open Chart Already

– Optional: Double Check Trade Assistant has correct parameters

– Select “Lines” To Visualise Trade & Show the depth of the spread

 – If you want to market entry becuase the spread is very small then you just need to set the stop-loss to the suggested stop-loss price and select Buy/Sell or Buy/Sell Limit, this will fill instantly

– If you want to use a limit order at the exact price becuase the spread is quite poor then drage the trade to the current bid price, and then set the stop-loss to the suggested price and select Buy/Sell Limit – this will not fill instantly

 

 

 

 

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Place A Trade Direct On An Exchange

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Place A Trade on Mizar

Place A Trade on Mizar

5% Off Mizar Fee’s For Life

“fast, reliable…and pretty awesome”

Currently the smart-trade aspect is still in the BETA phase which ultimately means that there is still some limited features which is limited to only Spot trades at the moment. The limited access we have had so far is fast, realiable….and pretty awesome so far. Mizar has a fantastic DCA bot section which is great for the Swing signals from the Impulse Strategy.

We will drop a guide on the most efficient way to place a trade on Mizar as soon as the Futures aspect is available.

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Place A Trade On MT5

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Funded Account

Funded Account

Get started on the Hydra Funded account challenge today!
Get started on the MyForexFund account challenge today!

 

“trade with a pro level account”

 

What Is A Funded Account or Prop Firm?

A Funded Trader Program offers traders large capital to be able to have enough leverage to trade with profits. Once this is achieved, these profits are split between yourself and the Proprietary Firm.

Many people are trying to learn more about this field every day and it is not only about knowing the trading basics but also using the tight tools and platforms to manage your money and be successful in the industry.

Many people are becoming profitable, learning trading skills and strategies from many online resources but they still lack the capital to make big profits. This is why Funded Trader programs are here.

There are lots of funded accoutn options out ther but we are going to take a look at a couple of funded account options that are our favourites and a few reasons why.

Check out the video below to learn more about hat a funded account is

 

 

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Place A Trade on Mizar

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Why Use A Funded Account?

Why Use A Funded Account?

Get started on the Hydra Funded account challenge today!
Get started on the MyForexFund account challenge today!

 

“good route for experienced traders”

 

Why Though?

It is important to understand why this is a good route for experienced traders.

 

Trade Smart

A funded account provides you with enough capital, purchasing power, and leverage to take significant advantage of the crypto market.

Experienced traders know that trading safely and within pre-defined risk limits is the way to profit consistently. However trading this way can be slow and unrewarding if you are trading with a small account.

Having a funded account allows you the luxury of not having to take unnecessary risks and it gives you time, you don’t have to trade constantly and hunt down every opportunity as a few small % wins equal larger dollar gains.

Opportunity to scale

If you can consistently make profits a funded account allows you to apply for more capital mining you can scan your account without needing to reduce your withdrawals and income to compound your funds.

Monthly Income

A funded account allows profitable traders to trade full time as a living. Trading with large funded accounts can give an excellent primary or secondary income stream.

Liability

Trading with your own money means that you bear the full risk in the event of a loss. Traders lose their life savings making simple mistakes is an all to common occurrence so we suggest preserving your personal capital and using a funded account. You bear no liability for the losses as having proven yourself in the test environment you are given clear drawdown and loss limits.

 

 

 

 

 

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Funded Account

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How To Achieve It?

How To Achieve It?

Get started on the Hydra Funded account challenge today!
Get started on the MyForexFund account challenge today!

 

 “maximise your chances”

 

This is one of the key reasons behind releasing the ImPulse is to help the average to beginner trader start to work towards passing the evaluations for funded accounts.

Manually trading with the impulse indicator maximises your chances of qualifying for and keeping a hydra funded account.

Liquidity

Since you will be trading CFD’s on MT5 you will need to manage the lot sizes especially if trading on lower timeframes (where liquidity issues will likely require you to trade only BTC & ETH). Find out more about Lot sizing here.

Risk

Use your Stop Loss to determine your investment amount. If your SL is -10% then investing 10% of your total balance means you are ‘risking’ 1% of your total balance. Knowing exactly hw much is at risk in each position allows you to effectively limit your maximum drawdown and losses ensuring you dont breach the Hydra funded account rules.

Style

The lack of a tie limit allows you to trade to the style, frequency and timeframe that best suits you. Prior to beginning your funded account challenge test the timeframes and strategies on the ImPulse indicator (using the provided backtest sheet).

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Why Use A Funded Account?

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Hydra Funding

Hydra Funding

Get started on the Hydra Funded account challenge today!

 

“not the Marvel baddies”

 

What is Hydra Funding?

No, not the baddies from Avengers….funded accounts are common in forex trading yet the business model has only recently been extended to crypto. At the forefront of bringing funded accounts to the crypto market are our partners at Hydra Funding.


 

The Impulse indicator has been calibrated and optmised to work within the Hydra Funding ruleset to allow you to unlock up to $2m in crypto to trade.

Once you are comfortable trading manually with impulse we will teach you how to use the indicator to trade on meta trader in order to qualify for a hydra funded account.

Hydra allows you to trade as a professional trader would with proper risk management as a large account allows you to returns smaller percentage profits by taking less risks while still increasing your dollar return.

You are not liable for losses incurred on your hydra account and yet can withdraw 80% of the profit created.

To qualify for a hydra funded account you simply need to, trading on the hydra system, produce a profit of 10% (no time limit is imposed on this) without exceeding a 5% drawdown or incurring a 4% daily loss.

Once you pass the test you will be given an account to manage between $10k and $2m. You can withdraw 80% of the profit generated monthly with hydra retaining 20%.

There are no monthly profit minimums.

We are delighted to be a part of bringing this trading system to crypto and to be providing a tool to help traders succeed with it.

Something not so common in Crypto is funded accounts where you can simply prove you are a good trader and you instantly get funded with a 100x balance BUT there are rules you need to follow.

Our preffered funded account to use is Hydra due to their flexible rule sets to pass evaluations, high profit share, large Crypto asset offering and great support.

 

 

 

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How To Achieve It?

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Hydra: Rules & Evaluation

Hydra: Rules & Evaluation

Get started on the Hydra Funded account challenge today!

 

“so what’s the catch?”

 

Rules

Naturally people aren’t just going to hand out millions of dollars on a whim, so what’s the catch?

 

Qualifying for a Hydra Funded Account is a simple one phase process.

After applying for the level of funding required traders must;

Produce a net profit of 10%, without exceeding a daily drawdown limit of 4% and without incurring an overall loss of 5%.

No Time Limit

There is no time limit. Hydra are looking for traders who can trade effectively and within their own style. Risk as little as you want and wait for the best set ups to ensure that you profit.

No Minimum Trading Days

There is no rule on the number of days you have to trade, pass within one day or 100.

If the rule isn’t here, you are in the clear.

Unlike other prop firms, there are 0 hidden rules. All parameters for the evaluation and the funded account are found on this page.

 

Please make sure to take the time to read every rule below. We are building a firm that focuses on your success, part of that is bringing on traders that understand exactly how we operate.

 

There are only 3 ways to breach and lose an account, please read below for more details:

  1. Drawdown Rule [full details under “5% MAXIMUM TRAILING DRAWDOWN“]

    The Maximum Trailing Drawdown is initially set at 5% and trails (using CLOSED BALANCE – NOT equity) your account until you have achieved a 5% return in your account. Once you have achieved a 5% return the Maximum Trailing Drawdown no longer trails and is permanently locked in at your starting balance. This allows for more trading flexibility as you have proven yourself as a profitable trader and can now freely compound an account.

    Example:
    If your starting balance is $100,000, you can drawdown to $95,000 before you would violate the Maximum Trailing Drawdown rule. Then for example let’s say you take your account to $105,000 in CLOSED BALANCE, which would be your new high-water mark. At this point your Maximum Trailing Drawdown would be locked in at your starting balance of $100,000.

    So, regardless of how high your account goes, you would only breach this rule if your account drew back down to $100,000 (note, you can still violate the daily drawdown). For example, if you take your account to $170,000, as long as you do not drawdown more than 4% in any given day, you would only breach if your account equity reaches $100,000.

  2. Daily Loss Rule [full details under “4% DAILY STOP“]

    The Daily Stop Loss is the maximum your account can lose in any given day.

    Daily Stop Loss is calculated using the previous day balance which resets at 5 PM EST. Unlike other prop firms, we do NOT base our calculations on previous day equity since the balance only model allows you to scale profits without fear of losing your account. The Daily Stop compounds with the increase in your account.

    Example: if your prior day’s end of day balance (5pm EST) was $100,000, your account would violate the daily stop loss limit if your equity reached $96,000 during the day. If your floating equity is +$5,000 on a $100,000 account, your new-day (5pm EST) max loss is based on your balance from the previous day ($100,000). So, your daily loss limit would still be $96,000.

  3. Inactivity of 30 days (if you do not place a trade at least once every 30 days on your account, Eightcap/Hydra Funding will consider the account INACTIVE and the account will be breached.

 

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Hydra Funding

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My Forex Fund

My Forex Fund

Get started on the MyForexFund account challenge today!

 

“get the ball rolling”

 

Introduction to our Prop Firm evaluation

The evaluation program is a two-step process where a potential Funded trader can prove their FOREX, CFD or commodities trading skills. Evaluation trading account sizes range from $5k to $300k with profit-split payouts occurring once a month on the first month and then bi-weekly from that point on. A trader can have up to 600k in capital from evaluation accounts but only 300k per trading account.

Through the MyForexFunds evaluation trading account process, we hope to identify serious FOREX Prop Firm traders who display the trading skills required to be successful with a FOREX Prop Firm. Stay consistent, accurate and maintain proper trading risk management skills and we will reward you. Prove your worth and jump to a funded account in as little as 10 days. Or take it easy and pass within 90 days. Its’ up to you!

 

Check out the whats on offer

 

 

And some of the conditions to achieve it

 

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Hydra: Rules & Evaluation

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My Forex Fund: Rules & Evaluation

My Forex Fund: Rules & Evaluation

Get started on the MyForexFund account challenge today!

 

“play by the rules”

 

It’s pretty straight forward: play by the rules and reap the rewards. Of all the prop funds though this is why MFF is one of our favourites as there is some real leniancy on how to achieve to goal of a live trading account. There are 3 different challenges you can take although we will only be focusing on the Evaluation challenge

 

 

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My Forex Fund

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MFF Vs Hydra

MFF Vs Hydra

Get started on the Hydra Funded account challenge today!
Get started on the MyForexFund account challenge today!

 

“who the champ?”

 

 

MyForexFund
Pro’s

➕ 8% Profit Phase 1 Completion

➕ 12% Total Drawdown

➕ Easy extension if you fall short on the profit

➕ Long period to achieve Phase 2 of 60 days and only 5% profit

➕ Long standing and reliable on payouts

➕ Scaling ability after 4 months of live accounts 30% increase on account

➕ Very cheap fee’s to access the challenges and further discounted if retests are required

➕ No limits on trading – can trade over weekend and with any size lot

 

Con’s

➖ Equity based Daily Drawdown – it can expose swing traders to overnight holds

➖ Spreads are not best in the market but still competitive

➖ 2 Phases required to achieve live account

 

Hydra
Pro’s

➕ Only 1 Phase required to achieve live trading account

➕ No time limit on acheiving the 10% target

➕ Very high live account option at $1m

 

Con’s

➖ Not available in the US customers with Eightcap broker

➖ Still quite new to market

➖ Small lot sizes don’t allow for much trading with Crypto at all

➖ Tight drawdown’s with 5% total and 4% daily

➖ Expensive fee’s for challenges

 

Summary

 

It really is hugely down to personal preference – whilst Hydra may look like a lot of cons the simple fact of no time limit at all and quite frankly access to huge funds straight out the gate are incredibly appealing. Although there are also an incredible volume of perks to MyForexFund – so it is very much a case of DYOR and choose something that suits your preferences and style – there are a a considerable number of funds out there to choose from each with differenct perks and cons so get on YoutTube and find one that suits you!

 

 

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My Forex Fund: Rules & Evaluation

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BlockHead's Trading Plan

BlockHead’s Trading Plan

Get started on the Hydra Funded account challenge today!
Get started on the MyForexFund account challenge today!

 

“rules are NOT made to be broken”

 

Before we go any further these are just my personal rules and “mantra” I follow when tackling a funded account challenge and it really is important to understand especially in trading that rulse are NOT made to be broken. There are an absolute TON of different rules and models out there for funded accounts – I am NOT going to cover them all and just be looking at the MyForexFund rules and model for now – that being said alot of it is very transferable to other models.

 

Rules, Targets & Tips

 

Prop Firm & Challenge

Fund: MyForexFund
Challenge: Evaluation*

*In a nutshell achieve 8% profit in 30 days (with optional 30 day extension AND retry if in the green but target not hit) and then achieve 5% in 60 days – all without losing more than 5% in a day or 12% in total.

 

Strategy

– Impulse Strategy

– 15min timeframe

– Signals: Wave & Momentum Signals

– Take-Profit: 1.5x Risk Reward

– Stop-Loss: Swing LH for Momentum Signals / Candle HL for Wave Signals

 

Trading Times & Frequency

Trading Days: Monday Friday

Trading Times: 9am – 5pm

Frequency: No more than 1 trade per 15-30 minutes

Target Volume: Aim for approx 10 trades per session providing spread evenly

 

Assets

– Forex: Majors

– Crypto CFD’s: BTC (Essentially the assets with the lowest average spreads)

– Blacklisted Assets: None

– Spreads: Aim for as low as possible

 

Risk & Trade Limits

– Stop Trading if at 50% of the Daily Allowed Drawdown

– 0.25% Risk per trade of entire balance up until 50% of the Total Allowed Drawdown is reached (Eg. if -6% of balance out of a 12% total drawdown allocation.) then reduce to 0.125% until back below 50% of Total Allowed Drawdown

– Optional – Reduce the Risk per trade again by half if 75% of the Total Allowed Drawdown is breached un til back below 75% of Total Allowed Drawdown

 

Daily Profit Limit

– None – trade to the time limits

 

Best Trade Practise

– Take Profit Early – Whilst 1.5x R:R is the sweet spot -if you are within touching distance of take profit don’t be afraid to take it (ie. at 1.25x risk+ and you are watching it > TAKE THAT PROF!)

– Target Best Possible Entry – If you can get a better entry when using Risk:Reward models than the suggested signal entry then that is the dream as you can wither increase the relative R:R amount by keeping the same Take Profit target knowing there is about a 60% chance of hitting it for a potential 2x instead or reducing the distance increasing the liklihood of hitting whilst still taking 1.5x. DO NOT CHASE THE ENTRY THERE WILL BE LOTS OF OPPORTUNITIES.

– Stop-Loss Management – If you are nearing the end of the day and you are running with a few trades in profit don’t be afraid to either close them or raise the Stop-loss to in profit – it will not destroy the overall strategy

Screen Management

I operate with minimum of 2 screens for trading:

 

Screen 1 – Tradingview & Alerts

This is to monitor and confirm the entries

 

Screen 2 – MT5

This is to place the trades as quick and accurately as possible and monitor them (you can increase the number of chart windows if you need to)

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MFF Vs Hydra

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Automation | Overview

Automation | Overview

Automated trading allows hundreds of trades to be placed simultaneously ensuring a constant flow of profit whilst spreading risk. Our range of proprietary automated and pro-trader based algorithms can profit in both bull markets, ranging markets and dreaded bear markets 24/7.

The efficiency of this method lies in its full automation, you just need to allocate funds for the system to trade with.

Watch our intro to automated trading here.

 

Key advantages of automated trading:
> 24/7 Trading – Trade while you sleep
> Automated Trade Execution – Completely removing human error
> Time Preservation – Allowing for passive income opportunity
> Minimal Management – Removing the psychological duress of trading
> Risk Aversion – Tested strategies allow for the  the best opportunity of success

 

The continued success and growth of BlockParty Auto products means they consistently rank in the top 5  on multiple trading platforms for both returns and subscribers.

This is derived not only from consistent success of our products but the unrivalled support offered by our team of pro-traders (based around the globe) and experienced trading automation developers to aid with queries and technical issues 24/7.

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BlockHead's Trading Plan

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Copy-Trader

Copy-Trader

BlockParty Trading have teams up with Anny – Smart Trade platform to deliver the complete automated trading package. It would be great to be able to follow pro-traders exact trades 24/7 without lifting a finger , right? Well, now you can. We handle everything from entering the trade, setting the take profits and stop-losses as well as chasing the trades up when they achieve each target. Additionaly complete risk management is handled by the BlockParty team to ensure risk of ruin is minimized to almost zero. This service is exclusive to BlockParty Trading Members to never miss a BlockParty Trade 24/7.

1) Sign Up To Anny For Free – 20%  Fee Discount

2) Join the BlockParty Trading Copy-Trader

3) Leave the rest to Us

It’s that simple. Take a look at the Copy-Trader Set Up & Information page to learn more about the strategies.

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Automation | Overview

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Copy Trader Strategy & Information

Copy Trader Strategy & Information

All trades are “powered” by the pro-traders in the BlockParty Trading team – using a combination of technical analysis, fundamentals and very advanced algorithms to help identify consistent opportunities across the market 24/7. Using a balance of strong winrate, strong risk:reward and even stronger risk management it helps lead towards a consistent profitable strategy.

Whilst you really don’t have to do anything it is always diligent to understand the allocation, risk & asset filtering

IMPORTANT INFORMATION

Whilst it is extremely simple to set-up and use there are two key pieces of information you have to decide that we cannot – What To Trade & How Much To Trade?

1) DECIDE WHAT YOU WANT TO TRADING

You can trade 3 different assets:
| USDT Spot Market

| BTC Spot Market

| USDT Futures Market

These can be filtered on your trader manager dashboard

Quick Find | Dashboard Cog Icon > Auto Invest Cog Icon > Filters > Select/Deselect The Assets To Trade

 

| Dashboard Cog Icon

| Auto Invest Cog Icon

| Filters > Select/Deselect The Assets To Trade

2) ALLOCATION

You can set your allocation on the dashboard under Allocated Capital.

The allocated amount is what is used to define the risk per trade. What Is Risk Per Trade?

If we use 1% per trade this means that for each trade in either USDT, BTC or FUTURES  will use a 1% of risk per trade

It is important to note, that you are always in complete control of your allocation and risk, which is all adjustable from the Copy-Trader Dashboard but WE RECOMMEND being sensible and SETTING YOUR ALLOCATION TO THE MINIMUM AMOUNT ALLOCATED TO AN INDIVIDUAL ASSET.

eg. If you have $1000 in Spot USDT, $750 in Spot BTC & $500 in Futures USDT then we would suggest setting your allocation to $500

 

 

Copy-Trader Dashboard & Defaults Information

Minimum Allocation: $500
Default Risk Per Trade: 0.5% – 1%
Performance Fee: 10% per successful trade

Available on: Bybit, BitGet, Binance, Okex, Kraken, Coinbase

Allocated Capital – This is the amount that all of the risk and risk limits will work to – therefore if you allocation $1000 and there is a 1% investment in the trade then $10 will be invested into the trade. If you wish to “Over-Allocate” than what is in your wallet/exchange/Futures account, then you can, but be warned this will put you at a greater risk as you can be in a position where the trades are trying to use more than what is in your account – this becomes even more risky when attempting this in Futures as you can get margin called and thus liquidiated. Be aware of the above Strategy parameters and risk per trade before attempting anything like this.

Position Sizing* – You can adjust a fixed investment or risk per trade here or simply follow BlockParty’s recommendations. We are conservative and focus on long term profit…ALTHOUGH if you want to go more “degen” or have a bigger appetite for risk then you can increase your risk per trade here. Although please note that there can be up to 10 positions open at any one time therefore if all were to lose then your account will be subject to that amount of risk. For example if you have 10% per trade and 10 trades open then 100% of your account is at risk….not advised – although this can be controlled with your own personal risk limit, see below.

*IT IS NOT ADVISED TO USE THE INVESTMENT PER TRADE OPTION AS IT WILL NOT ALIGN WITH THE BLOCKPARTY STRATEGY

Risk Limt – This simply means how much you will allow your allocation be at risk to at any one time ie. if all of the open trades hit stop-loss then how much damage can be done? BlockParty has a clever risk limit infrastructure in place that will operate to 2.5% if you are following the default settings. You can only reduce this if using the defaul Position Sizing although if you go a little Degen and increase the Risk Per Trade in position sizing then it is advised to put a cap on how much this can go up to. For example if you set a Risk Per Trade to 10% and a Risk Limit to 50% then it means you will only be allowed to open 5 trades regardless of whether BlockParty sends further trades to your Copy Trader.

Entry: Define whether you want to enter automatically, which means as soon as the trade comes through you will enter or one-click follow, which means you can decide with one click whether to enter the trade or not.

Exchange: Define which wallet/exchange you have connected to Anny you wish to trade from

Compound – This will automatically increase/decrease the allocation you set in line with profit and loss from the strategy.

 

Remember all Futures carries inherent risks and liquidations of funds regardless of multiple precautions and strategies put in place. Always use nominal amounts and minimise risk until you are fully versed on how futures operates both on Anny & your chosen exchange as we hold zero liability for lost funds via strategy or technical issues.

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Copy-Trader

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DCA-Bot

DCA-Bot

Start the Signature DCA-Bot Today Available On Mizar

Get A 5% Discount On All Mizar Volume Fee’s

 

| Designed for long term investment in mind. |

This model is designed is our professional investors model with a specific safer road to profit in mind. All trades are triggered by pro-traders with custom targets. The bot side lines ample capital to ensure safe exit from even the worst market conditions.

 

It is targeted to securely attain a target of 50% – 60% APY (averaging 4% – 5% per month on total capital).

 

This is heavily market dependant and during bearish cycles it will be a case of accumulating safety orders to aggressively lower the average price and close trades in a profit always as close to the change to the bullish cycle as possible.

 

Trades can range between 1 day to 6 months due to the nature or the secure safety orders.

 

It should require zero management or intervention – the best strategy for increasing allocation is to approach with increasing the number of positions to up to a maximum of 30 positions (the signal frequency will naturally increase during bullish periods with a much shorter trade duration and decrease during bearish periods with an increase in trade duration) 15 – 20 positions should be optimal.

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Copy Trader Strategy & Information

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Mizar

Mizar

Our most advanced Spot Trading Automated Bot – running successfully in live markets for over 2 years – now with more advanced logic than ever. To increase profit & reduce risk.

 

Cost  – 15% Net Profit Performance-Fee
Target APY* – 60% to 180%
Profitability – 3 out of 5
Risk – 1 out of 5
Ease Of Use – 5 out of 5
*Based on historical performance

The AutoDCA is powered by both automated algorhthims AND Pro-Trader driven trades from in-depth analysis. With constant Pro-Trader oversight profits can be trades can be opened and profits extended on market moving news, risk can be reduced should China decide to ban Bitcoin for the 400th time. We have taken all of the Spot algorhtims over the years combining them in to one powerful trading bot to take advantage of all market conditions.

The advanced machine learning & Pro-Traders oversight will always take advantage of bullish market conditions and lower frequency and commitment during the bearish periods.

Pro’s

>Trade while you sleep with our most tried , while maximising your results with the slightest of settings management.

>Always minimal realised losses assuming real-world conditions allowing for consistent stress-free long-term profit

>No upper limit on investment.

Con’s

> Understanding capital allocation as with any trading is always required and necessary

> Like with all long based spot products profit and performance decreases during bearish periods

> As with all DCA bots, the levels of safety they provide, mean by their very nature they are inefficient.

Perfect For….

>Someone with moderate levels of capital & a very light understanding of Crypto who is looking for a low risk product that they can tailor to maximise their profitability.

> Can commit a brief check a couple of times a month to update any minor adjustments if necessary

> Longer-term minded investors

 

“Why have many, when all you need is one!”

 

 

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DCA-Bot

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AutoDCA Bots

AutoDCA Guide

Platform

>Mizar

Market

>Spot


Direction

> Long


Exchanges

> Binance

> Coinbase Pro

> Kucoin

> Okex

> MEXC

 

Quote Assets

> USDT

> BTC/USD/BUSD/USDC (Coming Soon)



Base Assets

> Top 100 tradeable USDT/BTC asset pairs available on Binance according to Market Cap & not including Stablecoins

 

Frequency

> Bear Market | 0 – 2 traders per day
> Bull Market | 5 – 30 trades per day 

 

Trade Duration

5 Minutes – 6 Months

Signal Logic

> Dip Buys
> BreakOuts
> PullBacks
> Fundamental & News-Driven

 

Recommended Max Active Deals

30 Default (It is highly recommended that you follow the Fear & Greed Filter to increase/reduce you active deals accordingly to help reduce risk exposure, alternatively only open 10 deals at a time to help avoid over commitment)

Allocation*
*This is an example based on the minimum allocation for a bot on Binance exchange. The default number of safety orders is 4. In this scenario the required allocation to run 30 deals with 4 Safety Orders each would be $3,654.48. This is NOT to be confused with the minimum required as you can change the number of active deals and/or the buy orders to your preference.

To find your own allocation preference then please use this basic ALLOCATION CALCULATOR

Active Deals30Base order size20.00
Volume Multiplier1.6Safety order size11.00
LayerStep PriceTotal Trade AllocationTotal Strategy Allocation
BUY$20.00$20.00$600.00
1$11.00$31.00$930.00
2$17.60$48.60$1,458.00
3$28.16$76.76$2,302.80
4 (Default)$45.06$121.82$3,654.48
Allocation Strategy

 

There will be scenarios when there are more than 4 Safety Orders required on some trades therefore it is key to hold reserves of capital elsewhere for other trading or just banked. Alternatively you can remove safety orders from other trades or reduce your active deals in order to be able to increase the safety orders when required. Unfortunately with DCA there is no exact formula for allocation due to the nature of continual but controlled buying although it can be quite easily controlled and anticipated.

A good appraoch is to:
> Allocate 0.5% of allocation for base order for lower risk, lower return
> Allocate up to 1% of allocation for base order for higher risk, higher return

Active Deals Strategy*
*This functionality is currently under development to be entirely automated TBC

In order to safe-guard against overexposure to the market, following some very quick and easy rules can help maintain consistent year round profit and avoid capital being locked up extremely long term should a “Black Swan” event occur so we introduced the Fear & Greed Filter:

 


The Fear & Greed index  is posted daily in the BlockParty Trading Bot & DCA Channel

 



How To Adjust Max Active Deals

Check the Fear & Greed Index 7 day average (last week) ideally at least once every 7 days – although it is not the end of the world if it is longer, the bot has a lot of give. Simply adjust the active deals on your bot accordingly.

To do this head to the Subscriptions page on your Mizar dashboard



Select AutoDCA settings by clicking the “eye”

Select “Edit” and adjust your Max no. of Positions accordingly to your preference or the Fear & Greed Filter

 

How To Increase Safety Orders

 

Go to the Positions dashboard on Mizar

Open the settings to the specific position you want to increase or decrease the safety orders for by clicking “Settings”

Select “Edit Safety Orders” in the Position Manager and adjust the number of safety orders to your new preference

 

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AutoDCA Bots

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AutoHF | Mizar

AutoHF | Mizar

A varitation on our most advanced Spot Trading Automated Bot – running successfully in live markets for over 2 years – now with more advanced logic than ever. To increase profit & reduce risk.

 

Cost  – 15% Net Profit Performance-Fee
Target APY* – 60% to 120%
Profitability – 2 out of 5
Risk – 1 out of 5
Ease Of Use – 5 out of 5
*Based on historical performance

A variation on the AutoDCA bot that targets much smaller market exposure to allow for consistent functionality in all market conditions and to provide high liquidty to users at all points. Whilst still utilising all of the advanced tech from BlockParty at the cost

The advanced machine learning & Pro-Traders oversight will always take advantage of bullish market conditions and lower frequency and commitment during the bearish periods.

Pro’s

>Trade while you sleep with our most tried , while maximising your results with the slightest of settings management.

>Always minimal realised losses assuming real-world conditions allowing for consistent stress-free long-term profit

>No upper limit on investment.

Con’s

> Understanding capital allocation as with any trading is always required and necessary

> Like with all long based spot products profit and performance decreases during bearish periods although to a high perormance than AutoDCA

> As with all DCA bots, the levels of safety they provide, mean by their very nature they are inefficient.

Perfect For….

>Someone with moderate levels of capital & a very light understanding of Crypto who is looking for a low risk product that they can tailor to maximise their profitability.

> Can commit a brief check a couple of times a month to update any minor adjustments if necessary

> Better for more risk averesed traders with requirement for higher liquidity

 

“Why have many, when all you need is one!”

 

 

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AutoDCA Guide

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AutoHF Bots

AutoHF Guide

Platform

>Mizar

Market

>Spot


Direction

> Long


Exchanges

> Binance

> Coinbase Pro

> Kucoin

> Okex

> MEXC

 

Quote Assets

> USDT

> BTC/USD/BUSD/USDC (Coming Soon)



Base Assets

> Top 100 tradeable USDT/BTC asset pairs available on Binance according to Market Cap & not including Stablecoins

 

Frequency

> Bear Market | 4-10 traders per day
> Bull Market | 10 – 40 trades per day 

 

Trade Duration

5 Minutes – 1 Month

Signal Logic

> Dip Buys
> BreakOuts
> PullBacks
> Fundamental & News-Driven

 

Recommended Max Active Deals

15 Default (It is highly recommended that you follow the Fear & Greed Filter to increase/reduce you active deals accordingly to help reduce risk exposure, alternatively only open 5 deals at a time to help avoid over commitment)

Allocation*
*This is an example based on the minimum allocation for a bot on Binance exchange. The default number of safety orders is 4. In this scenario the required allocation to run 15 deals with 6 Safety Orders each would be $3653.91. This is NOT to be confused with the minimum required as you can change the number of active deals and/or the buy orders to your preference.

To find your own allocation preference then please use this basic ALLOCATION CALCULATORAllocation Strategy

 

Active Deals15Base order size15.00
Volume Multiplier1.5Safety order size11.00
LayerStep PriceTotal Trade AllocationTotal Strategy Allocation
BUY$15.00$15.00$225.00
1$11.00$26.00$390.00
2$16.50$42.50$637.50
3$24.75$67.25$1,008.75
4$37.13$104.38$1,565.63
5$55.69$160.06$2,400.94
6 (Default)$83.53$243.59$3,653.91

 

There will be scenarios when there are more than 6 Safety Orders required on some trades therefore it is key to hold reserves of capital elsewhere for other trading or just banked. Alternatively you can remove safety orders from other trades or reduce your active deals in order to be able to increase the safety orders when required. Unfortunately with DCA there is no exact formula for allocation due to the nature of continual but controlled buying although it can be quite easily controlled and anticipated.

A good appraoch is to:
> Allocate 0.4% of allocation for base order for lower risk, lower return
> Allocate up to 0.8% of allocation for base order for higher risk, higher return

Active Deals Strategy*
*This functionality is currently under development to be entirely automated TBC

In order to safe-guard against overexposure to the market, following some very quick and easy rules can help maintain consistent year round profit and avoid capital being locked up extremely long term should a “Black Swan” event occur so we introduced the Fear & Greed Filter:

 


The Fear & Greed index  is posted daily in the BlockParty Trading Bot & DCA Channel

 



How To Adjust Max Active Deals

Check the Fear & Greed Index 7 day average (last week) ideally at least once every 7 days – although it is not the end of the world if it is longer, the bot has a lot of give. Simply adjust the active deals on your bot accordingly.

To do this head to the Subscriptions page on your Mizar dashboard



Select AutoDCA settings by clicking the “eye”

Select “Edit” and adjust your Max no. of Positions accordingly to your preference or the Fear & Greed Filter

 

How To Increase Safety Orders

 

Go to the Positions dashboard on Mizar

Open the settings to the specific position you want to increase or decrease the safety orders for by clicking “Settings”

Select “Edit Safety Orders” in the Position Manager and adjust the number of safety orders to your new preference

 

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AutoHF Bots

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3Commas

3Commas

 

3Commas is one of the most popular and longest running smart-trade platforms – with a range of exchanges and assets to trade with it has become very popular. It offers a great basis for automated trading and functions to develop a great passive income stream.  It is a reliable platform and great for an “All-In-One” platform for trade and exchange management.

Our Bots on 3commas;


BotParty / Automated Trader

Big.WickEnergy / Pro-Trader

 

 

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AutoHF Guide

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BigWickEnergy

BigWickEnergy

START EARNING TODAY WITH BIGWICKENERGY ON 3COMMAS

Framework & Presets

3COMMAS BIGWICKENERGY USDT PRESET
3COMMAS BIGWICKENERGY BTC PRESET


Overview

> 100% Pro-Trader Triggered Trades

> Trades across multiple exchanges on BTC & USDT

>  Fixed Safety Order structure to always buy as the market drops

> Fully algorithmically traded A.I. managed bot with machine learning.

Cost – $30 per month + VAT (If applicable to country of residence)

Target APY – 70% to 140%
Profitability – 3 out of 5

Risk  – 2 out of 5
Ease Of Use – 3 out of 5

Pro’s

> Pro-Trader only trades – based on analysis and fundamentals
>Trade while you sleep with our cheapest automated product, while maximising your results with the slightest of settings management.

>Zero realised losses assuming real world conditions.

>No upper limit on investment.

>Zero slippage on trades.
>Trades Stablecoin and BTC assets

 

Con’s
> Requires a minor element of self-management & as with all DCA bots, is susceptible to higher levels of drawdown.

> Profit slows down heavily in a bear market.

> As with all DCA bots, the levels of safety they provide, mean by their very nature they are inefficient.


Perfect For….
>Someone with moderate levels of capital & a very light understanding of Crypto who is looking for a low risk product that they can tailor to maximise their profitability.

> Can commit a brief check once every 7 days to update the minor adjustments if required

> Happy for potentially longer term returns whilst capital is being used or does not require 24/7 liquidity

Market
>Spot

Direction
>Long

Exchanges
>Binance

>Binance US
>FTX
>Bittrex
>Coinbase Pro
>Okex

>Kucoin
>ByBit

> Kraken

 

Quote Assets
>USDT/USD/USDC/BUSD

Base Assets
> All available USDT pairs on Binance
> All available BTC pairs on Binance

 

Signal Style
>BreakOut

> Mean Reversion

> HODL
> Fundamental

Frequency

> 3-5 per day during bullish periods
> 0-1 per day during bearish periods


Signal Logic
> 100% Pro-Trader Based

 

Exit Protocol
Fixed Safety Order Coefficient

Recommended Max Active Deals

20


FEAR & GREED FILTER STRATEGY  – IMPORTANT MUST READ


Online Fear & Greed Index
Mobile App & Widget (Recommended)

 

How To Use


Check the Fear & Greed Index 7 day average (last week) ideally at least once every 7 days – although it is not the end of the world if it is longer, the bot has a lot of give. Simply adjust the active deals on your bot accordingly to do this go to the bot DCA Bot screen on your 3Commas account

On your BotParty Bot click on the pen and paper icon


Adjust the Max Active Deals to the recommended percentage of your Maximum number of open trades according to the Fear & Greed table 

 

All you have to do is check the Fear & Greed Index at least once a week, basic maths and remember your maximum number of open trades/deals. 

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3Commas

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BotParty

BotParty

START EARNING WITH ON BOTPARTY TODAY ON 3COMMAS 

 

Framework & Presets

3COMMAS BOTPARTY USDT PRESET
3COMMAS BOTPARTY BTC PRESET

Overview

 

> 24/7 Fully Automated trading bot combining three of our most successful DCA products. 

> Trades across multiple exchanges on BTC & USDT

> Fixed Safety Order structure to always buy as the market drops

> Fully algorithmically traded A.I. managed bot with machine learning.

Cost – $30 per month + VAT (If applicable to country of residence)

Target APY – 70% to 140%

Profitability – 3 out of 5

Risk – 2 out of 5
Ease Of Use – 3 out of 5

Pro’s
>Trade while you sleep with our cheapest automated product, while maximising your results with the slightest of settings management.

>Zero realised losses assuming real world conditions.

>No upper limit on investment.

>Zero slippage on trades.

> Currently trades Stablecoin and BTC

 

Con’s
> Requires a minor element of self-management & as with all DCA bots, is susceptible to higher levels of drawdown.

> Profit slows down heavily in a bear market.

> As with all DCA bots, the levels of safety they provide, mean by their very nature they are inefficient.


Perfect For….
>Someone with moderate levels of capital & a very light understanding of Crypto who is looking for a low risk product that they can tailor to maximise their profitability.

> Can commit a brief check once every 7 days to update the minor adjustments if required

> Happy for potentially longer term returns whilst capital is being used or does not require 24/7 liquidity

Market
>Spot

Direction
>Long

Exchanges
>Binance

>Binance US
>FTX
>Bittrex
>Coinbase Pro
>Okex

>Kucoin
>ByBit

> Kraken


Quote Assets

>USDT/USD/USDC/BUSD
>BTC

 

Base Assets
> All available USDT pairs on Binance
> All available BTC pairs on Binance

 

Signal Style
>Breakout 
>Mean Reversion

Frequency
30 Signals per day in bullish periods
0-5 signals per day in bearish periods

Exit Protocol
Fixed Safety Order Coefficient

Recommended Max Active Deals

15

FEAR & GREED FILTER STRATEGY – IMPORTANT MUST READ


Online Fear & Greed Index
Mobile App & Widget (Recommended)

 

How To Use


Check the Fear & Greed Index 7 day average (last week) ideally at least once every 7 days – although it is not the end of the world if it is longer, the bot has a lot of give. Simply adjust the active deals on your bot accordingly to do this go to the bot DCA Bot screen on your 3Commas account

On your BotParty Bot click on the pen and paper icon

Adjust the Max Active Deals to the recommended percentage of your Maximum number of open trades according to the Fear & Greed table 

All you have to do is check the Fear & Greed Index at least once a week, basic maths and remember your maximum number of open trades/deals.

 

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BigWickEnergy

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Mizar

Mizar

Mizar is a brand new Next-Gen Smart Trade Platform that delivers answers to all Smart Trade & DCA solutions.

BlockParty Trading have been consultants throughout the building of Mizar to tailor it perfectly to both the new and seasoned trading, incorporating all the necessary and advanced tools to make your trading experience smooth and most importantly more profitable.

The key and most exciting tool we will be using predominantly here is the “BlockShift”. This now fully automates Safety Orders to only buy when there is a dip or significant point to buy at instead of being tied to fixed coefficients.

This dramatically improves efficiency but most importantly in the automated trading world the requirement for manual intervention.

The other key tool here is the Auto-Compounder that will automatically increase your capital allocation in trades relative to your initial capital input to maximize capital efficiency.

Finally Mizar works solely on a “No Win, No Fee” basis – therefore if there is no profit then there is no monthly fee incurred (Not to mention the first $10k traded volume free each month).

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BotParty

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TradingView

TradingView

Trading View is where the world charts, chats and trades markets. We’re a supercharged super-charting platform and social network for traders and investors.

 

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Mizar

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Tensor Charts

Tensor Charts

Tensor Charts give access to major exchange order books. This real-time data shows buy and sell orders at various prices allowing you to gauge general market sentiment as well as pinpoint price support and resistance.

 

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TradingView

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Fear & Greed Filter

Fear & Greed Filter

The Fear & Greed index is an industry standardised tool which measures the sentiment of the market.

We use this as a baseline to help us manage our bots and we have a dedicated strategy using this tool, more details can be found here.

There is also an extremely helpful mobile widget to let you monitor market sentiment on the go.

 

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Tensor Charts

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Leverage Calculator

Leverage Calculator

The 3commas futures anti-liquidation bot calculator helps you find your ideal 3Commas bot setup, find optimal account reserves and manage your risk.

 

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Fear & Greed Filter

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Exchanges

Exchanges

You will need an exchange to place your trades / connect your bot too.

Different exchanges are available in different regions, have different trading fee’s and different available trading pairs. Do your own research, or speak to other members of the community if you want some feedback or ideas.

Popular exchanges;

Binance | Bybit| KuCoin

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