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Exit bad deals using the add funds simulator – 3commas trading bot tutorial
Add funds simulator
00:00 The “Add funds simulator” pine script
01:38 Example red bag deal TWTUSDT
02:44 Entering the details in the simulator settings
04:17 percentage drawdown threshold
04:45 The exit strategy
05:36 RSI strategy used to pick add funds prices
07:14 TP parameter
07:32 Expected price percentage bounce
08:25 The full simulation results
08:52 Let’s review each exit add funds
10:01 Capitulating 🙂
10:59 What if we increase the percentage bounce expectation too much?
14:51 Intended uses for the script
15:26 Setting an alert for RSI on tradingview
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I’m not a financial advisor and this video is not financial advice. This video is only for recreational purposes. Do not copy or follow my trading strategy without doing your OWN due diligence and consulting with your financial advisor. Trading stocks and with robots represents very high risk.
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