Trading Strategy ORDERBOOK

Trading Strategy: "ORDERBOOK" - Order Book Analysis to Detect Opportunities

Strategy Overview:

The "ORDERBOOK" strategy is based on analyzing the order books of cryptocurrency pairs to identify buying and selling opportunities based on the difference between bid and ask prices, as well as the associated volumes.

Main Features:

• Order Book Monitoring: Automatic analysis of the order books of a personalized list of cryptocurrency pairs.
• Real-Time Buy and Sell Signals: Detection of buying and selling opportunities based on the delta between the bid and ask prices, as well as volumes.
• Flexible Configuration: Adjust your own criteria for delta, volume, and the pairs to monitor.

Buying Conditions:

• A difference between the bid and ask prices greater than X.
• A bid volume greater than Y.

Selling Conditions:

• In automatic mode: A difference between bid and ask prices lower than -X and an ask volume greater than Y.

Advantages:

• Timing Optimization: Maximize your entries and exits based on order book conditions.
• Continuous Analysis: Real-time monitoring of order books.
• Easy Adaptation: Suitable for traders of all levels, thanks to adjustable parameters.

This strategy integrates perfectly with the BotMonster PRO, STANDARD, and ULTIMATE trading bots.

Example Settings:

• Minimum delta: X
• Minimum volume: Y
• Time between analyses: Z minutes

Warning:

It is necessary to set your own Take Profit and Stop Loss levels to secure gains and limit losses. The strategy does not automatically manage position exits.