![ELM EA CRYPTO DEMO [MT5]](/data/resource_icons/0/188.jpg?1666072220){kind=icon}
- Thread starter Jared
- Start date
Jared was able to solve a very difficult problem by creating a cryptocurrency trading bot. I never thought before that this was possible. All traders know how unpredictable cryptocurrencies behave, how hard it is to make money on them. And then after downloading the demo, I got several profitable trades on the very first day, for which many thanks to Jared. I will seriously consider buying a licensed version.
Have you found any good settings for it? And which broker is good for it, the spread is kinda high on many of the brokers
What's stopping you from using the default settings? There is a golden rule of algorithmic trading - the best settings are default settings. Of course, you can experiment, but it seems to me a waste of time. As for brokers, the question is experimental, someone has a good spread, someone has minimal slippage. You need to choose based on your preferences.
I'm using demo versions of Crypto and Opti. Sometimes the results for crypto outperform the results for foreign exchange assets. I wonder if this is due to the volatility of bitcoin, or does the Crypto version use some special algorithm? Jared, as a developer, have you noticed something like this?
Good afternoon!
All versions of the algorithm have identical code with each other, but different trading capabilities, including trading tools. The number of transactions depends primarily on market conditions and the work of the broker. I have conducted many tests with different versions and account types. Of course crypto version has in its assets the possibility to work with such volatile instruments as Bitcoin, Ether and Ltc, which of course affects the number of transactions and the result in general. But I think if you plan to use Opti version, ELM Crypto will be a great addition to its work. Are you working with license or testing on demo version?
In principle, the test period for the demo version has come to an end for me. Everything I needed I found out. It's time to make money with your Expert Advisor. Moreover, the volatility of bitcoin allows this to be done now. Maybe for a potential client, give some recommendations on the settings for the Crypto version?
Jared, so you admit that the version of crypto due to the volatility of bitcoin can show a better result than the majors? It is for this reason that I am leaning towards buying a crypto license. If you have an account with a broker with normal trading conditions, due to the low spread and the absence of slippage, you can earn on the crypt. Can I get advice from your technical support on installing and operating the advisor?
Hello! If you have successfully tested ELM Crypto on your demo account, then I recommend to use exactly the same settings on your real account, it will be the right decision
Hello!
Do not tear out parts of my text from the post that I wrote to Richie, about the comparison of the Opti version and Crypto version. They are different versions, which use different trading tools and if you continue to compare these versions, then yes, the Crypto version is profitable, at least due to the fact that Btc is the most volatile, even with the comparison of those 6 currency pairs that are in the Opto version. I also noticed that the use of these two versions in one account would be optimal for trading.
That is, Bitcoin plus these 6 pairs in total can give a synergistic effect? Interesting idea. As a Crypto license holder, will there be any discount for me when purchasing the OPTI version?
Hi! Yes you are right, these versions complement each other well. As for the purchase of the ELM Opti version, you'd better write me on Telegram and discuss it in person. I am quite loyal to my clients, so I think I will help you in the question!
Greetings friend please can you share your settings i am also interested to test it crypto with different brokers with high leverage thanks in advance
Good afternoon colleague, The test period showed that the most optimal settings are the default settings. It's the same with any software. Also, I always pay attention to the choice of mode in the adviser. With high leverage, the hedge mode will be the most suitable. Still, the volatility of bitcoin goes off scale sometimes. By the way, which brokers are you going to use in trading?
i will try tickmill tomorrow with default setting as you suggest also try some other also if anything positive i will post here thank you
Keep us updated. Also try experimenting with modes. I usually use hedge. But in a passive market, I try to scalp. Also, do not forget that bitcoin is very volatile.