Introduction of MACD Trading Strategy on Bonfida Bots

  1. The histogram goes from negative to positive: Long underlying asset
  2. The histogram goes from positive to negative: Short underlying asset
  3. The MACD line crosses the signal line downwardly: Longs start to close their positions
  4. The signal line crosses the MACD line upwardly: Shorts start to close their positions
  • Initial deposits were USDC when those pools were created.
  • When the histogram goes from negative to positive, the pool will use all its assets to buy the base currency (BTC/ETH/SRM/FIDA).
  • When the histogram goes from positive to negative, the pool will sell all of the base currency (BTC/ETH/SRM/FIDA).
  • The order size is 100% of what is available in the pool.

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