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thetradingparrot posts

How to increase the amount invested on a single bot

I thought it would be a good idea to write down this for the future!

As a first option I would advice increasing BO and SO. If you want to keep the original design of the bot you are copying you must respect the original ratio between BO and SO.

Example: if they were originally BO: 20 and SO: 40. Then you could u...

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Daily performance in the last 5 days

Evaluation criteria

> 1.1% daily: risky / aggressive

1% daily: very good 

03-0.9% : moderate performance

<0.3% under performing, conservative


Let's have a look at the bots I have running:

Amika - 1.45% daily

Venka - 0.85% daily

Fiera - 1.07% daily

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Follow ARK funds tokenise (crypto) version - Top 1 ETF

If you are outside US or simply don't feel like paying ARK investment the high fees they normally charge then FTX crypto exchange may have a cool option for you: a tokenise version of ARK funds. 

They offer a stop version and also a futures version in case you are feeling more brave. ...

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Attention: Fiera bot update (correction)

[Correction: Orabella bot is not affected]

Fiera bot has been performing decently for me but I heard some quite concerning stories from long term users of MP 3x signals and I’m getting slightly worried. I’ll continue for a month to run them with only 100USD that I’m willing to fu...

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The Trading Parrot full "Bot Database"


This page is no longer in use. 

All information about:

  • which bots I'm running, which ones are disabled
  • details, risk, past performance
  • bot requirements: exchange, funds, etc

Can all be found in the 2021-01-16 16:31:21 +0000 UTC View Post

I’m enabling one bot now

I’m enabling Amika bot. Have a look at the previous post for the link and details of that bot.

I’m using conservative fund allocation for the bot.

Stay tuned today I’ll share a new bot similar to Amika but it’s better for high volatile market conditions. It buys more only during bigger dips rather at small...

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Open a Binance sub-account and manage your holdings separated from your bots money

Having separated accounts makes much more sense for people that are at the same time holding tokens long term and running bots. 

You need to be able to track P/L separately, otherwise how can you tell how profitable are your bots or your holdings?


It's very easy to request, it took me 5 minutes. View Post

Buy the dip bot: Market is now bull. What to do with the open deal?

First of all you need to figure out what is your short term forecast for BTC.

1) You think now we are going to enter a bullish trend. If your bot was activated before or during the dip your bot probably would have bought somer BTC with your USD. You have two options: retain it or sell it at market price.

Retain: &...

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Link to the new "buy the dip" bot

thetradingparrot post Link to the new "buy the dip" bot from patreon

If you are interested in copying this bot:

Link to the bot

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New Video!

thetradingparrot post New Video! from patreon


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Changes needed for BTC grid bot

thetradingparrot post Changes needed for BTC grid bot from patreon

We are seeing a head and shoulders pattern which can turn BTC very bearish for short term.


I’m lowering the top range of BTC to below 28K for the trend reversal to bearish.


I’m also keeping all my bots bots off for now.


2021-01-12 14:06:54 +0000 UTC View Post

USDT update 15/1/2020

Hi Guys, I'm swapping all my USDT for USDC until we get pasted Friday 15th. I want to make sure the "rumours" of Bitfinex getting a lawsuit are not real. 

It's been years this topic has been in the news.  If you google tether lawsuit or tether scam filtering results by any year, you will alway...

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New video !

https://youtu.be/VFFd8IN2x4g



Sorry! better late than never 😂


2021-01-11 19:32:20 +0000 UTC View Post

Are CQS bots worth? This setup made 16% in 30 days, no loses

Many bots have had some hits in the last month. I've been testing the CQS signal and since 10 of December until today it's made 12% profit using ALL coins except for the blacklisted ones. What got my attention is that there were no losses. There's only a single deal that hasn't closed. That's pretty good performance. I have a...

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Bots I'm running since new year!

Call me nuts but I finally have decided to give names to my bots. Actually is not a bad idea to be able to refer to them in the chat or anywhere. Don't ask me why but I'm using "esperanto first names". If you want to do the same you can generate random names from 2021-01-07 19:49:45 +0000 UTC View Post

New video!

thetradingparrot post New video! from patreon

00:00 Welcome 

00:43 What is the trading parrot? 

01:40 TOP 5 coins weekly market cap 

03:24 BTC log growth analysis 

06:22 BTC 15 min chart technical analysis 

08:02 XRP 1h chart technical analysis - resistance broken 

09:18 Fear & greed index 

...

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Last 2 months crypto report: holdings and bots

I thought it would be beneficial for all people new into crypto and bots to have an idea of how things have been going in the last 2 months for me. Please don't read it as "guaranteed forecast" as all past performances are not guaranteed in any investment strategy but it can certainly give you some idea of what ranges to expe...

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This coin may be used for every FIAT transaction: do you have some?

First of all what is a closed payment loop?

It means that a coin can be used for payments without needing to be converted into FIAT.

What is FIAT? 

Government issued currency, like for example USD.


There's an article about AnyHedge that went viral on weibo 1 day ago wi...

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Potential BTC crazy move, changes to BTC grid bot needed

BTC has been for months showing a very bearish pattern: the rising wedge. You can see an example of this pattern in the image below:

You can easily see the pattern in the 15 min BTCUSDT chart. 

2021-01-05 16:21:37 +0000 UTC View Post

Crypto Portfolio Distribution: 2021 Strategy

The Crypto portfolio has been performing phenomenal since inception in 2020. Top gainers apart from the obvious ones (BTC and ETH) are:

- DOT 87%

- RSR 74%

- THETA 109%

- ZIL37%

These are all great projects and have big upside potential in 2021 but I have to say recently I hear a lot of hype spec...

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New video!

thetradingparrot post New video!  from patreon

Did you know that 3commas DCA bots support many built in technical indicators? 

For many basic setups you won't need to hook up any Tradingview alerts or pay for signals!

Some of the options include:

1) Relative Strength Index

2) Ultimate Oscillator

3) Bollinger bands

4) Money Flow ind...

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Always pay attention to the crypto fear and greed index

Over 90% can indicate that the risk of BTC preparing for a big retracement.

One way to keep an eye easily is to visit often one of the following pages:

http://www.alerts4cryptos.com/more/fear-greed-index-btc/

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BTC new Bot: benefit from the dip

I just setup a new grid bot to benefit from the current 20% dip from BTC.

Limits from 25K to 35K, 10 levels. 1.5K USD invested.

Risks: BTC could drop further to 21K. I'm fine to take that risk, but don't mirror if you are...

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DCA setup update: Which bots I stop? 1 new bot

In the last update from 28/12/2020 my setup was the following but many things changed since then. First of all the risks of holding USDT have grown and I'm increasingly worried for how the chances of SEC moving their attention from XRP to USDT if t...

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3Commas Stock DCA bot poll

Why don't we get started in 2021 setting up some bots trading stocks?  

Quick poll! which stock do you think is the best candidate for an aggressive QFL DCA bot in 2021?  

I'll create and share a 3commas DCA bot setup for whichever stock wins tonight. 

The bot will be tailor made based on the ...

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New video! Make money from any bearish coin using a short bot

thetradingparrot post New video! Make money from any bearish coin using a short bot from patreon

This video provides many tips for users that want to get started with short bots and some advice for advance users as well!

https://youtu.be/qfJboE-yArk

Please like the video and leave a comment to help the channel thanks!

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The Bitcoin dominance is getting closer to a dangerous level

thetradingparrot post The Bitcoin dominance is getting closer to a dangerous level from patreon

If you look at this weekly chart BTC.D has been bouncing below the 72% market cap dominance since the last collapse in 2017.

We are just at 71.45% and dangerously approaching this historic level of resistance.

But what could it happen if it reacted in a similar way as it’s been doing in the last 3 years.

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TradingView Alerts not triggering? test and report them like this

I've recently noticed that TradingView alerts are not as reliable as before. 

At first it's not easy to tell if there's a technical capacity issue on TV's side, a misconfiguration issue or an actual problem with your indicator. 

How can we confirm alerts are actually working without getting biased by a b...

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New video!

thetradingparrot post New video! from patreon

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Is USDT next after XRP? What safe alternatives do I have?


Guys, USDT has a risk of next month getting under the eyes of SEC and potentially  getting also sued. This is not guarantee, it's just a rumour for now. But it's quickly gaining momentum. 

If that happened ...

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