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Bitcoin EA automated betting bot

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Hi Panda


I just put some EAS on bitcoin and ether crypto currencies, using existing settings.Every Time the the EA got a signal, default stop would get hit very quickly, or the big sharks were playing clever, they went for tight stops.


You need very wide stops to trade cryptocurrencies.Spreads to volatility ratio, volatility is 9 % a day,is that correct?Spread is 70, spread volatility ratio is 7.7%.Just pointing out facts from a trader's perspective.Is it worth paying 7% spread, it is okay to pay this,if fundamentals are likely to increase volatility and trend out.


As a real trader,I am analysing the cost of opportunity.On Dow I am paying 1 % with IG  , on spread to volatility %..I am trying to feel the water on  cryptofreaks. and crypto  roller coasters.


Don't get defensive on IG's spreads, the cost of trading these instruments is very high.I used Bitcoin to make a payment, it cost me 40% in costs to use payment by bitcoin.It must be expensive to hedge risk on bitcoins.Only real traders talk about the reality of spread costs.


percentage volatility  below last 208 days


2018.04.21 8819.41 8997.24 8583.1 8773.92 0.047201
2018.04.22 8778.05 8993.89 8768.58 8816.4 0.025556
2018.04.23 8822.5 8964.14 8728.12 8898.49 0.026524
2018.04.24 8897.55 9546.21 8885.98 9539.26 0.069212
2018.04.25 9538.75 9722.57 9170.68 9356.44 0.058985
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