BTCUSD Sell (hybrid algotrading)

Trade #3

1) Hydrogen generated SELL signal @8120. The trade was opened at this price automatically by Bipoon bot.
2) TP - 7851

p.s. Trade #2 is still active. Despite sell signal I decided not to close it.
I'll always open a new trade when Hydrogen generates new signal but will think on my own when and how to close it.

The issue I'm anticipating regarding this hybrid approach to trading is the increase in the quantity of active trades. And that's not good. Probably will hold no more than 4 open trades at a time. When the new signal appears I'll close the earliest opened (FIFO method) or skip generated. Have to think it over. Any ideas??

Transakcja zakończona: osiągnięto poziom stop:

1) Hydrogen generated BUY signal @8190
2) Me: this time will close the trade based on Hydrogen's decision: close @8255

Trade #3: -135 (-1,7%)

Komentarz:

I made up my mind not to have more than 1 open Long and 1 open Short at a time.
That's why won't open a new BUY trade based on BUY @8190 signal

Komentarz:

p.s. BUY @8190 signal statistics:
max runup - 1200
max offset (drawdown) - 15