Arcturus Algo Trading
Let Arcturus do the due diligence for you. Arcturus aims to enter and exit at the best times. Easy to automate or to trade manually.
What is Arcturus Algo?
Arcturus is a fully backtested algorithm. The user can easily backtest its performance in any market and timeframe and tune the setting to find a good backtest. Keep your trading fully automated by simply connect the TradingView Alerts to your broker or use the alerts manually.
Arcturus Algo works in any timeframe and market including stocks, currencies, crypto, indices, forex, futures, and commodities on all timeframes. You can utilize Arcturus for scalping, trend trading, swing trading, or even trading options as well.
How to unlock the true potential
How to use Arcturus Algo
Any algorithm out there has to be adjusted to fit the market we’re going to use the Bot on. Different markets and timeframes have different characteristics and structures, hence Arcturus has to be tuned to fit that specific market.
Before applying Arcturus Algo to the chart
Before applying the Bot to the chart you have analyzed the overall market. Identify if the market is in a strong trend or in a ranging market. Look at how volatile the market is in the timeframe you gonna use the bot in. Arcturus Algo loves volatility and works best in these kinds of markets. When you have a basic understanding of the market structure you can apply Arcturus to the chart and start to tune the settings so they fit the current market characteristics.
Keep monitoring Arcturus Algo
When you have found a backtest that works great for the current market you can let it run. However, you HAVE TO keep monitoring the Bot and keep analyzing the overall market to get a feel if the market characteristic is about to change.
Example
For instance, if the market is going from a strong positive trend to a strong negative trend and Arcturus is set to only going Long and the market starts to fall and enters a strong negative trend, you have to tune the settings again to fit the new market structure.
To get consistent results you need to consistently look over the current settings and keep tuning the Bot every month or so. That is a fun task and you gonna learn a lot about how the market enters different phases and how it affects the Bot performance. In the long run, you gonna be able to quickly adjust the settings based on the experiences you gain while tuning the Bot.
Any algorithm out there has to be adjusted to fit the market we’re going to use the Bot on. Different markets and timeframes have different characteristics and structures, hence Arcturus has to be tuned to fit that specific market.
Before applying Arcturus Algo to the chart
Before applying the Bot to the chart you have analyzed the overall market. Identify if the market is in a strong trend or in a ranging market. Look at how volatile the market is in the timeframe you gonna use the bot in. Arcturus Algo loves volatility and works best in these kinds of markets. When you have a basic understanding of the market structure you can apply Arcturus to the chart and start to tune the settings so they fit the current market characteristics.
Keep monitoring Arcturus Algo
When you have found a backtest that works great for the current market you can let it run. However, you HAVE TO keep monitoring the Bot and keep analyzing the overall market to get a feel if the market characteristic is about to change.
Example
For instance, if the market is going from a strong positive trend to a strong negative trend and Arcturus is set to only going Long and the market starts to fall and enters a strong negative trend, you have to tune the settings again to fit the new market structure.
To get consistent results you need to consistently look over the current settings and keep tuning the Bot every month or so. That is a fun task and you gonna learn a lot about how the market enters different phases and how it affects the Bot performance. In the long run, you gonna be able to quickly adjust the settings based on the experiences you gain while tuning the Bot.
How we use Arcturus Algo
Algo portfolio
We see Algo Trading as a stock portfolio, where we constantly are managing the stocks and follow up on the strategies’ performance. This is something we do at least once a month but most likely every week. We want to make sure that the strategies we use for our stock trading fit the current market, if not we have to tune the strategies or switch to new ones that fit the market.
Same thinking when doing Algo Trading
To get the most value using the Bot we recommend starting analyzing the market manually on higher timeframes, identify the market structure. Apply Arcturus on these timeframes and tune the settings. Setup Arcturus for multiple markets and timeframes to diversify your risk.
What we do
We personally have it set for multiple trending stocks, where Arcturus is set to Long Only. We keep monitoring these trends, and as long the stocks are in a trend, Arcturus is set to Long Only.
However, many users use Arcturus on Crypto, Forex pairs, and such! Arcturus is developed to work in any market and timeframe.
Important to understand!
3 aspects to keep in mind!
Analyze the overall market
Make sure that you have a good feel over the overall market. Is the market in a strong trend or in a ranging market?
Monitoring and tune the settings
Keep monitoring the Bot twice a month and tune the settings to fit the current market characteristics.
Algo portfolio
Analyzing multiple markets and timeframes and set up an Algo Portfolio to diversify your risk.
Use Arcturus Manually
How can I use Arcturus to support my manual trading?
If you don’t can or want to automate your trading or simply want to have more control over your entries you can use Arcturus manually. Many traders are currently doing that.
Use Arcturus as a source of extra confirmation to your existing trading strategy.
If you have a base strategy and want to enhanced that edge and to get an extra confirmation in your trades put on Arcturus and find confluence with the signals.
Example – Using Arcturus with Levels
1) Bitcoin dropped down to a Demand Zone, at the same time as Arcturus fired a signal to Enter Long. That can be a great confirmation that the Demand Zone gonna hold.
2) Price went straight back up to the Resistance level and Arcturus fired an Exit signal. A good confirmation to exit your Long position around the resistance level.
Try this strategy out! Remember: It’s all about confirming and to find confluence around Key levels/zones
Give it a spin!
We encourage everyone to play around with the Bellcurves and find combinations and methods that work for you.