Sender | Message | Time |
---|---|---|
18 Feb 2023 | ||
Meyo#1398 | but its not that simple | 14:26:39 |
rikj000 | Ty, I'll check out some of his vid's, if they're good/reliable enough imo, then I'll add them to #π’οΈ±macro-analysis π | 14:27:21 |
Meyo#1398 | you're welcome | 14:27:52 |
rikj000 | Very often when people online tell you exactly what to buy/sell, it will be out of self-interest / snake-out. So I actually prefer source that don't do that!.. π | 14:28:10 |
rikj000 | * Very often when people online tell you exactly what to buy/sell, it will be out of self-interest / snake-out. So I actually prefer sources that don't do that!.. π | 14:28:27 |
rikj000 | * Very often when people online tell you exactly what to buy/sell, it will be out of self-interest / snake-oil. So I actually prefer sources that don't do that!.. π | 14:28:54 |
Meyo#1398 | I would like to code a bot on this ICT strategy if at all possible... will watch them and take notes and see if it can be done | 14:29:23 |
rikj000 | Will be doing the same! π Imo, first education, then time/energy on coding + risk on investing.. π Take your time w the education part π | 14:30:55 |
Meyo#1398 | There are also indicators related to it on TradingView, search Smart Money Concepts | 14:31:14 |
Meyo#1398 | but to understand them you need to study | 14:31:49 |
Meyo#1398 | For now, a nice addition to the MGM would be taking a break whenever there is news, or times when markets open etc, but I have a lot of documentation to read on it as-is so maybe you already covered that. If not, this would help keep algos safer. | 15:12:04 |
Meyo#1398 | A websock feed that could keep it up to date, with the latest news perhaps. | 15:14:51 |
rikj000 | Watched his last x3 video's but tbh, don't think I'll subscribe for following reasons: - He mostly relies on fibs (Fibonacci retracements), which are "pseudo-science" imo - He doesn't always explain why he sets up his fibs like that - He trades on 1 minute candles, which are way too clouded with volatility imo + for crypto @ critical moments you won't be able to get-out/enter in time w 1 min candles @ these critical times either - The comment section on his video's is disabled + there is quite some criticism / mixed-opinions about him online: https://old.reddit.com/r/Forex/comments/kvr3f8/the_inner_circle_trader_legit_or_not/ | 15:45:04 |
rikj000 | * Watched his last x3 video's but tbh, don't think I'll subscribe for following reasons: - He mostly relies on fibs (Fibonacci retracements), which are "pseudo-science" imo - He doesn't always explain why he sets up his fibs like that - He trades on 1 minute candles, which are way too clouded with volatility imo + for crypto @ critical moments you won't be able to get-out/enter in time w 1 min candles @ these critical times either - The comment section on his video's is disabled, which is a general red flag - There is quite some criticism / mixed-opinions about him online: https://old.reddit.com/r/Forex/comments/kvr3f8/the_inner_circle_trader_legit_or_not/ | 15:45:50 |
rikj000 | * Watched his last x3 video's but tbh, don't think I'll subscribe for following reasons: - He mostly relies on fibs (Fibonacci retracements), which are "pseudo-science" imo - He doesn't always explain why he sets up his fibs like that - He trades on 1 minute candles, which are way too clouded with volatility imo + for crypto @ critical moments you won't be able to get-out/enter in time w 1 min candle signals @ these critical times either - The comment section on his video's is disabled, which is a general red flag - There is quite some criticism / mixed-opinions about him online: https://old.reddit.com/r/Forex/comments/kvr3f8/the_inner_circle_trader_legit_or_not/ | 15:46:35 |
Meyo#1398 | interesting... 1 minute candles.. man that is so stressful.. I did that once... shit.. still shaking 6 months later | 15:49:19 |
rikj000 | That's a good idea, e.g. FED meeting schedules are announced on their website, these could be scraped on a yearly schedule to exit the market + turn of the bot temporarily. I posted a link to their 2023 schedule here: https://discord.com/channels/819237123009150977/839161022421925889/1070239729100005406 | 15:51:21 |
Meyo#1398 | but I did learn a lot.... how the price moves in real time.. its also a learning experience instead of just watching historic charts... got a deeper understanding of how markets move and was able to master it at one point.. but .. .way too stressful | 15:51:27 |
rikj000 | * That's a good idea, e.g. FED meeting schedules are announced on their website, these could be scraped on a yearly schedule to exit the market + turn of the bot temporarily. I posted a link to their 2023 schedule here: https://discord.com/channels/819237123009150977/839161022421925889/1070239729100005406 To implement that into Freqtrade/MGM is a different story though | 15:51:44 |
Meyo#1398 | but the only way to replicate how I traded would be a realtime websock feed... | 15:52:33 |
rikj000 | * That's a good idea, e.g. FED meeting schedules are announced on their website, these could be scraped on a yearly schedule to exit the market + turn of the bot temporarily during meetings. I posted a link to their 2023 schedule here: https://discord.com/channels/819237123009150977/839161022421925889/1070239729100005406 To implement that into Freqtrade/MGM is a different story though | 15:53:51 |
Meyo#1398 | for sure... well, freqtrade has commands... so you could send it stop signals from another source | 15:54:36 |
Meyo#1398 | keeping the code separate as much as possible | 15:55:11 |
Meyo#1398 | Im sure someone must have done something similar.. | 15:56:00 |
Meyo#1398 | I didnt check if freqtrade has a REST API, but.. it has the Telegram commands | 15:57:12 |
Meyo#1398 | REST API would be a solid way to control freqtrade based on such factors | 15:57:56 |
Meyo#1398 | * but the only way to replicate how I traded in code would be a realtime websock feed... | 15:58:59 |
Meyo#1398 | * but the only way to replicate how I traded in code would require a realtime websock feed... | 15:59:11 |
Meyo#1398 | ah yes, it does have REST API | 16:01:44 |
rikj000 | Hmmm, idk if I would do it like that π€ That would add a 3th layer to the software stack (Freqtrade + Strategy/MGM + REST-Script) But the Strategy/MGM & REST-Script would not be able to share data/communicate with each other, nor be able to read info from eachother π€ | 16:03:48 |