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JackBot Scalper v6

Jackbot Scalper v6 Update

In Version 6, Jackbot has improved performance on higher time frames with close to 85% success rate on 1-hour times frames and 70% success rate on 15-minute time frames.

Who

I am Jack Donaghy, a crypto trader and wealth​ strategist at an international asset management firm. I have traded billions in assets for clients and have grown ​​a portfolio of personal assets by nearly 2200% within the last 1.5 years from trading. I originally invested in cryptocurrencies in November​​ of 2016 and have been catching waves ever since. This bot is for those interested in scalping methods.

What

Jackbot Pro Scalper is a scalping study for Bitcoin that operates on small timeframes. It has a 60-70% success rate and operates with the goal of maximizing ​gains while minimizing losses. This bot works well with leveraged strategies as it pursues both long and short positions.​ While I primarily use the bot on BitMex, I have seen good success on Bitfinex with various USDT pairs including VEN and ETH.

When

With v6, the best results have come from 13, 15, and 17-minute charts with incredible success found on the 1-hour charts.

How

The bot works by 1. Defining its entry point. 2. Defining a take profit 3. Defining a stop loss. The magic of the bot is that it will not close a trade at the take profit, if volume and price are increasing, it will hold the exit until another indicator determines a reversal of the trend. More than that would ruin the logic so you will just have to see for yourself.

To Trade

Large Spikes = Entries (Green = Long, Red = Short)
Small Spikes = Take Profit (Green = Long Exit, Red = Short Exit)
Medium Spikes = Stop Loss (Purple = Long SL, Yellow = Short SL)

Previous Results

Backtested​, Jackbot v6 shows that with 1 Bitcoin (unleveraged) you can make about 12K in a 1.5 month period. My personal experience was trading a test amount of Bitcoin on a particularly good run at 25x leverage using 25% of a test portfolio It went from 0.015 Bitcoin to 0.091 within 10 days. See ibb.co/giLqLy. (This test was from V5.4 which V6 has improved upon.)

Disclaimer: This strategy is by no means perfect and not every trade will be a winner. It is a tool in your belt, not a perfect 100% trader. Previously, results show with a 25x leveraged position, the losses are ~20% before it will cut off the trade, however, the gains can be 40%+ (As the bot continues to run in certain conditions, it will often pick up major moves and hold them for longer.) It can have bad runs and a slew of poor entries, especially in tight volatile ranges.

PLEASE NOTE: This strategy can struggle with chop following major moves, if you are manually entering, consider other market conditions before entry if the price is in a tight range.

Cost

Jackbot will be offered for 0.1 Bitcoin and will be limited to the first 100 people who apply.
Bitcoin (Cryptocurrency)CryptocurrencyOscillatorsscalpingVolatilityVolume

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