austinyearlykim/wolf

Question - does the program need to be restarted after the Stop Limit?

Opened this issue · 1 comments

duanebednorz commented

I thought the program would re-loop after the stop limit was reach and re-purchase and follow through again, so that it would prevent losing as much as possible, but also check to re-buy when the uptick starts and start purchasing again. Is that not the case?

austinyearlykim commented

Hi @duanebednorz !

To prevent WOLF from buying on a downward trend this line is added:

https://github.com/austinyearlykim/wolf/blob/master/modules/Wolf.js#L96

Yes, WOLF would need to be restarted at the user's will. This is a feature as I want WOLF to be risk-defined bot where you don't fear of forgetting that you left it on, or bot-speed trades on a downward trend, etc.

Sure, something can probably added to the config, but there are no immediate plans to do so.

WOLF is great at capturing and securing profits on an uptrend. WOLF is pretty primitive when it comes to the "securing profits", or downward trend, logic.