Trading bot for Binance exchange using EMA cross strategy on 1D, 4h, and 1h timeframes. Analyzes 4yrs of coin prices to select profitable EMA cross. Auto-identifies accumulation and bullish phases. Has web dashboard and Telegram alerts.
Considering weighting strategies for position size.
Currently, position size is using 5% of available stable coin. Example, 1000 usdt, so position size is 50.
I'm thinking in a way where position size takes market cap into consideration. I want to get bigger positions sizes on high market cap coins and lower positions on lower market cap coins (riskier).
jptsantossilva
commented
1 year ago
Considering weighting strategies for position size. Currently, position size is using 5% of available stable coin. Example, 1000 usdt, so position size is 50. I'm thinking in a way where position size takes market cap into consideration. I want to get bigger positions sizes on high market cap coins and lower positions on lower market cap coins (riskier).
Let me know what you think in the comments!