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Updated Is PTMagic Useful? (markdown)

HojouFotytu 2021-02-22 14:56:25 +09:00
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Is-PTMagic-Useful?.md

@ -10,7 +10,7 @@ There are **no limits to the number of time-frames and market conditions** you c
## Coin-Specific Settings
The real power of PT Magic is its ability to **analyze and define strategies for individual coins**. Every setting in Profit Trailer that is preceded by "DEFAULT_" is a setting that can be used in a coin-specific setting. Similar to Global Settings which react to overall market changes, with PT Magic you can create as many **Single Market Settings** as you wish, and have a completely different set of coin-specific settings for individual coins behaving differently from the rest of the market.
The real power of PT Magic is its ability to **analyze and define strategies for individual coins**. Every setting in Profit Trailer that is preceded by "DEFAULT_" is a setting that can be used in a coin-specific setting. Similar to Global Settings which react to overall market changes, with PT Magic you can create as many **Single Market Settings** as you wish, and have a completely different set of coin-specific settings for every coin, or at least those that are behaving very differently from the rest of the market.
So, you might create settings such as "LongTermDownTrend," "ShortTermUpTrend," "Pumped," or "Tanking," and after analyzing the trends of each individual coin, PT Magic can apply a completely different set of strategies, indicators, and values, to be used when deciding to buy, sell, DCA, or move that coin to pending. So, even when a down-trending market triggers a bearish global setting, a single coin that is doing well could trigger a coin-specific strategy, ensuring your bot buys only that particular coin. Similarly, if the market is in an up-trend, a down-trending coin can be avoided by having more bearish settings applied to that coin only. In fact, some people have found that switching Global Settings based on overall market trends is actually unnecessary, and prefer to focus on only using Single Market Settings to focus on the trends of individual coins.