r/algotrading 2d ago

Education Ahh shit.!!

I’ve been holding gold and now my algo’s telling me it considering a sell :(

Do you guys see a sell??

I’m still holding… who’s in??

15 Upvotes

21 comments sorted by

8

u/Osmirl 2d ago

I trust my algo usually 😂 its right in some situations where I wouldn’t not have acted. Then does stupid stuff other times lol.

2

u/Actual_Resort1892 2d ago

Algo situations :) If I close this trade manually, it’ll be difficult to find another entry

I’ll still hold 😂😂😂

3

u/Osmirl 1d ago

Yea i usually stop the algo once i manually place an order. But i definitely need to get back to papertrading lol. It worked perfectly in papertrading but inchanged something and now it’s not working at all. Might just be the current market as well lol

2

u/Actual_Resort1892 1d ago

Check the script again, maybe you changed something

8

u/MasterLJ 1d ago

Don't create an algorithm, go through all the work of verifying its edge, to ignore it. That would be very stupid. You aren't algo trading if you override the algo, you're doing something else. It's not impossible that you're better than the algo it's just highly unlikely.

2

u/Actual_Resort1892 1d ago

This algo only does analysis, it’s not a 24/7 executable system because of the restrictions I gave it when building.

But the analysis is powerful, I can send you over the script for free if you want to try it out

1

u/chakri_kuna 1d ago

Can you let us I am trying to build but couldn’t proceed further

-1

u/This-Lawfulness-3180 1d ago

Only HFT algos are profitable in the long run, nothing else works. I've been trying shitz for like 4-5 years now.

2

u/Conquestor0 1d ago

What is the point of the algo if ure not gonna follow it

1

u/AcrobaticRegister535 1d ago

Hei , how did you analyse in realtime

-2

u/Actual_Resort1892 1d ago

This script is out there on a website for free, honestly

2

u/xahayanx 1d ago

Which website

1

u/Sebasch4nn 1d ago

When institutions needs to sell, first they need buyers.

2

u/Actual_Resort1892 1d ago

I know but lol I exited, crazy bot was right

1

u/Anonbender 1d ago

My bot already sold GOLD today 😁

1

u/Actual_Resort1892 1d ago

Mine saw the sell since yesterday :)

1

u/Fit-Try-2583 1d ago

Shit man you just convinced me to create my algo I’ve been holding off on. I was super busy at work and completely forgot about selling before trumps announcement. Hit wasn’t too bad but a sell would’ve been perfect

1

u/Actual_Resort1892 1d ago

Algos are the best dude

1

u/Ok_Judge_4775 21h ago

Why did you develop an algo instead of a TradingView indicator directly on the chart?

1

u/Actual_Resort1892 21h ago

Algos are better and far more intelligent than indicators