NPNS Scalperman

not profit NOT SELL - a surprisingly simple strategy that might just work.

Rules

• Long ONLY
• Close only with profit
• Take profit at the first possible chance
• No leverage
• Buy the dips! (Buy low, sell high duh)
• Average down
• Many in, one out (exit all positions simultaneously)

Strategy

This is how the algorithm works:

1. Monitor Stochastic indicator for low range.
2. If favourable, long a small position using trailing stop buy.
3. If the current prices drops by X%, long again with twice the initial position amount.
   1. Repeat if price drops further until running out of capital.
4. If average cost basis price rises by 0.3%, close the position using trailing stop sell.

Class Diagram

Extra Features

1. Volume monitoring
2. Confidence adjustment

Acronyms

1. NPNS - not profit NOT SELL
2. MIMO - I'm in, I'm out
3. FTW - Follow the whales
4. RTD - Ride the dip
5. JBAP - Just be a pussy

Instructions

1. Create a Discord bot
2. Add it to your server via https://discord.com/oauth2/authorize?client_id=852766365012983828&permissions=268823632&scope=bot

To-do list

1. Implement Stochastic monitoring. ✅
2. Implement live price data ✅
3. Implement trailing stop buy. ✅
4. Implement averaging down. ✅
5. Implement MIMO sell. ✅
6. Implement backtesting. ✅
7. Clean up variable names. ✅
8. Implement graceful exiting. ✅
9. Refactor with OOP. ✅
10. Integrate Discord bot support. ✅
11. Instabuy / instasell based on Force Index. ❌
12. Fix trailing stop. ❌
13. Implement crash recovery. ❌
14. DIY Range-bound Force Index ❌
15. Compounding Interest

Known bugs

1. $webhook command indiscriminately selects first existing webhook.
2. config.WEBHOOK doesn't work when it's empty.
3. Ctrl+C crash recovery doesn't exit gracefully. ❌
4. buy() missing 1 required positional argument: 'self' ✅ Fixed
5. current_purchase_size will double endlessly if quote asset runs out. ✅

To think about

1. Aim for higher profit when there are more open positions?

Resources

1. Live RSI Monitoring from Binance https://github.com/hackingthemarkets/binance-tutorials
2. Backtrade Testing with Binance https://github.com/lth-elm/backtrading-python-binance