Trading Strategies
At hive.trading, we currently offer three robust trading strategies, with more exciting developments on the horizon. Each strategy is carefully crafted to cater to different market conditions and trading preferences.
BB (Bollinger Band) Strategy
Our Bollinger Band strategy is a 4-hour Bollinger Band strategy for short-term trading and operates as follows:
- Selling: The bot will sell HIVE at the top of the Bollinger Band only if price is greater than the top band
- Buying: The bot will buy HIVE on the dips, aiming to build your HIVE balance when price is lower than the bottom band.
SMA (Simple Moving Average) Strategy
The SMA bot is designed for short-term trading, utilizing the following rules based on the 5-day and 10-day Simple Moving Averages:
- SELL Condition:
- Latest price < Latest 10-day SMA
- Previous price > Previous 5-day SMA
- Latest price < Latest 5-day SMA
- BUY Condition:
- Latest price > Latest 10-day SMA
- Previous price < Previous 5-day SMA
- Latest price > Latest 5-day SMA
This strategy focuses on identifying short term price movements to determine optimal buying and selling points, aiming to enhance your portfolio over time.
ScalpyBB Strategy
The ScalpyBB strategy is a short-term 1-hour Bollinger Band strategy, perfect for capitalizing on short-term price movements, especially in sideways markets:
- The bot buys when the price is below the 1-hour Bollinger Band and sells when the price is above it.
- This strategy is ideal for quick scalp trades and can complement the BB and SMA strategies effectively, offering a dynamic approach to varying market conditions.
MarketMaker Strategy
The MarketMaker strategy is designed to provide liquidity to the market by placing buy and sell orders around the current market price:
- Buying: The bot places buy orders slightly below the highest bid price, ensuring it can profit from small price movements.
- Selling: The bot places sell orders slightly above the lowest ask price, capturing the spread and profiting from market volatility.
This strategy is ideal for users looking to provide market liquidity and profit from the bid-ask spread, enhancing market efficiency and earning returns on their assets.
Our innovative strategies are designed to provide a comprehensive trading experience, enabling you to navigate different market environments with confidence. Join us at hive.trading and take advantage of these cutting-edge algorithmic trading strategies to optimize your trading performance.