Documentation - Bullish Mode - How it operates

The bullish mode is the safest of all mode. When used with the A.I. it will generally execute a low amount of transactions. This mode will generally deactivate the selling transactions and only do sell based on the price limit feature. This feature has a few sub-feature such as a time sell, a detect lowest feature, a lock sell all for low limit and a lock sell all for high limit. The feature works by setting up a base price and a limit which we think might be reached during the day. If the price fall below the base price, the A.I. will sell and get set into a detect lowest mode to ensure it finds the lowest before buying again. The detect lowest delay before detection can be set in the settings. Additionally another feature allows the app to break out of it when it detects that the price is increasing rapidely. When the price goes above the base price plus the expected range the funds are also sold and the detect lowest feature is once again triggered to prevent buying until the lowest price is reached.

RSI are also used for this price limit feature allowing the bot to sell quicker when the price is crashing therefore minimizing the losses. This RSI is calculated on a short period of time and is only useful whenever the base price is reached.

A time sell feature can also prevent the A.I. from waiting without reason. This feature will sell after X amount of minutes if the price is over the low sell limit and it has been a more than a specific time waited since last high and no other highest is detected. This feature will prevent from losing the progress and will act quickly instead of expecting a bigger price.

This mode also trade using the ratio on balance and price multiplier. This means if the ratio of the price is positive and a buying indicator is fired the buying amount will be higher. The price multiplier feature will set an additional percentage to the amount whenever a long and increasing moving average is detected. The selling ratio won't be turned on and neither any of the based selling features. The selling will be operated only by the price limit feature.

The top level feature is also essential within this mode to restrict the bot from buying only when the price is low ensuring a raise in the price. The top level is another way of measuring an estimate of the price location with a percentage based on a range value of variations during the day. For example, some crypto may have periods where the range between highest and lowest of the day only equals 100$. Therefore a 25% top level limit would be represent by the lowest of the day (after it reached 100$ of range) plus 25$.

Any other features of this mode except for the news API and price limit feature are turned off. This mode may work best when the price is on a continuous increase and the maximum range between highest and lowest of the day is wider.

Source : tradingapi

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