San Andreas Fault
San Andreas Fault is a great pick if you are looking for a low risk Ethereum strategy with a high success rate!
Introduction
San Andreas Fault is a continental transform fault that extends roughly 1,200 kilometers through California, United States. Always moving, its movement is slow and deliberate. Like its namesake, our trading bot is built to be active and deliberate.
Identity
San Andreas Fault is designed with a focus on a high success rate. It is less aggressive than some other trading strategies. It is more conservative in picking its entry points than the high-risk high-reward bots. When San Andreas Fault is entered in a trade, it keeps wider margins than a low drawdown strategy to allow for more market fluctuations. With the Ethereum market generally experiencing strong up- and downswings compared to Bitcoin, San Andreas Fault gets plenty of opportunities to trade.
Strategy
When markets get close to their (temporary) bottoms after a strong decline, they frequently display a very specific pattern, the Enigma indicator. San Andreas Fault is looking for a fast and strong recovery. After the bot identifies this behaviour in the market, it confirms if the conditions are right for buying by using our proprietary price based indicator, the Myopic. After these pricedips, prices will generally increase for a period. Because the length of this period is impossible to determine, San Andreas Fault closes the position when the increase of price slows down to protect the profit. San Andreas Fault is set up to be more restrictive in both the Enigma and Myopic indicators, resulting in a less aggressive trading profile. It allows more play for negative margins, meaning the bot will keep a position open for longer to capitalise on recoveries. This allows San Andreas Fault to have a higher success rate.
Tip from Seismic!
Do you like this strategy profile, but want a bot that trades Bitcoin (BTC) instead? Have a look at Vesuvius! Vesuvius uses the same strategy but trades Bitcoin (BTC).
Technical Data
Asset: Ethereum (ETH) – USDT
Risk profile: Low risk
Development focus: High success rate
AVG trades per month: 1.2
Max drawdown: -44%
Success rate: 71%
Annualised return: 64%
(For use by phone)
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