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Settings

Index: Any
Trade type: Touch no touch (we always go for no touch)
Initial stake: 0,35
Timeframe: 4 minutes
Barrier: 0.3 to 0.6 (+ at a downtrend or - at a uptrend )
Bot type: Semi-manual

In operation

Why semi manual


The bot with the above described settings (Settings) is being used to open the trades. On a 4
minute timeframe the user has around 2.5 minutes to close the opened position manually to
collect the earnings, once they are positive. This minimizes the risk to lose and provides a
perfect possibility to collect the gains. When placing an order manually on Deriv.com there are
lags (at opening and closing positions) which were not spotted when the orders were placed by
the bot and then closed manually.

When should the Bot open a position


When we have an uptrend in the chart, the bot should open a position once the indicators (all)
are heading one direction from bottom of their chart/values/... upwords. Perfect situation- once
they cross the bottom line and none of them has reached the top of their potential yet (crossed
the top line).
When we have a downtrend the indicators should be simultaneously heading the same
direction from the top downwards. Again, perfect situation- once they all cross now the top line
downwards +/- at the same time and non of the indicators has reached the top of their potential
yet - (crossed the bottom or the top line)

Not perfect timing, but you will get the idea behind it. (aboiut the picture)

Indicators

Detrended
Moving average type: simple
Period: 14
Stochastics (Simple)
Smooth
Field: Close
Period: 21

Detrended Price Oscillator


Moving average type: Simple
Period: 14

MACD

Fast: 12
Slow: 26
Signal: 9

RSI
Period: 14

CCI
Period: 20

In order to place a trade I am usually using the Stochastic, Detrended, MACD and RSI. But
there might be other combinations of these indicators or some can be replaced with others not
listed here.

For trend identification:


Moving average: 7
Moving average: 26

Obstacles and various other

It would be perfect that the bot would stop placing orders when the chart starts ranging :)
It would nice if such a bot would give an acoustic signal that it has opened a position and
another one 30 seconds before the end of the possibility to close position manually.

Another option of the bot might have martinagel implemented- once lost it doubles the next
position. If won enough to cover the losses it gets back to the initial stake, if not it should place
the same doubled position again. If the los id covered it comes back to the initial stake.

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