thetradingparrot
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Bot orchestration ready for open BETA testing
🕑 Added 2021-07-27 14:36:38 +0000 UTCBot orchestration is now available for testing for all Patreons.
You can now start filling the bot orchestration submission form entering the bots you want to be switched on and off automatically.
Which signal is it available for bot orchestration currently?
For now we are testing QFL only.
Once we are happy that the signal is firing as expected and bots are being switched off and on accordingly then we will add further signals to the bot orchestration system.
In the past article I mentioned we were going to use QFL 4H 4%
After some extra work I found QFL 1H with buy 6% and sell 5% to be more accurate at spotting tops and bottoms.
Current setup of signals in a chart:
Which bots should I connect to this orchestrator and what actions should it perform?
The same as a buy sell signal, an orchestration signal won't be perfect. Sometimes It might switch off your bots too soon or too early. So it's still very important to keep a close look at what's happening in the chart and make some informed decisions.
For example, if Elon pumps the market, you might want to ignore the signal and keep your bots running for longer to catch the profits. And if there's a market sell off, you might want your bots not to switch on during the falling knife until an actual bottom is found.
If you want to do this, you will have to amend the form values and wait for the system to process them. At the moment we process your form values every 3 hours. We need to revisit if this will be enough.
I'm planning to use this only for switching off my bots. And whenever the go off I will review it and decide when I want to switch them back on manually.
I will use it on futures, 3x tokens, bots trading with low max deviation, bots trading with low caps, etc.
Where's the submission form?
https://forms.gle/KZN1WEmHTriH79SN7
How many bots can I orchestrate?
Allocations depend on your patreon tier. The form link above will keep these values up to date.
What are the risks of using bot orchestration during the BETA testing?
We have done a decent level of testing, but I cannot guarantee this is 100% bug free yet so please test it with bots from your paper trading account. Especially if you are going to use the sell at market price action. If there was any bug in the current system it could cause your bots to sell at a loss.
Please wait for BETA testing to complete to use with bots with considerable amount of funds invested if you still decide to take the risk.
Comments
wow amazing! will look into that asap
it's crazy, I keep scrolling through all pages reading and using search and can't find it...I'm finally going blind...can you share a screenshot in the discord vip channel? here its not possible to send pictures unfortunately
Where you decide what is the action you want the orchestra to do, the Sell word appears also in the BUY SECTION
I found the petro and just removed them but I cannot find the SELL and BUY in the same command? where is that Marcello?
I guess there are some errors in the form. I see PETRO, double PETRO above and there is a SELL + BUY on the same command.
David May
I managed to reverse engineer it. I posted some pics in the orchestrator discord thread
Yeh I got excited today when I watched the video. Unfortunately it’s closed source so I can’t backtest it. Maybe wee can ask the author to share so I can add new features we need
David May
Multi time frame heiken ashi
David May
This could be a contender for the orchestrator https://youtu.be/HU1zRzBfzCA
oh nice! i've missed that article! thank you very much!
have a look at this article, let me know if you still have any questions https://thetradingparrot.com/knowledge-base/understanding-bot-orchestration
I am not sure that I understood well. So what's the difference of a STOP signal between BTC QFL 4H SELL and BUY? When do i want to stop the bots and when to start them? I am confused... because all the options are for the STOP signals!
