Strategy Intent

Trading Criteria Details
Market Suitability All markets but will work faster in a bull market when volatility is higher
Difficulty Intermediate
Strategy Type Scalping
Take Profit
Positive DCA
Pending Orders
Trailing Stop Loss
Demo Server


  1. Click the cloud icon to view the demo server for this strategy;
  2. Note if the cloud icon is showing in red it means the demo server is not available right now;

Strategy Overview

  • El Toro is an aggressive scalping strategy that attempts to run with the bulls.

Entry Criteria

  • The strategy entry criteria makes use of the DEFAULT_buy_min_change_percentage to look for pairs that have lost 5% in the last 24 hours.
  • It then looks for a buy signal within the last hour using an EMACROSS (Fast 8, Slow 13).
  • It then looks for an opportunity to buy a small dip in the price using a negative EMAGAIN pick pairs at the bottom of their trade cycle.
  • It uses RSI to confirm we are at the bottom of the trade cycle to ensure we buy the dip.
  • Finally it trails the price to ensure we get the best buy.

Trade Management

  • The strategy applies the 2% and 10% rules of trading.
  • Position size is limited to 2% of risk capital per trade.
  • Only 5 trading pairs are active at any time to ensure no more than 10% of total risk capital is employed in trading at any time.
  • A trailing stop loss is employed rather than a fixed stop loss.
  • Take profit is employed to prevent loss of profits.

Exit Criteria

  • This strategy checks the take profit DEFAULT_take_profit_percentage setting to sell if we are at 1% profit or better but haven't sold in over 10 minutes (2 candles) allowing for a half a percent threshold. If we exceed that threshold the 10 minute countdown resets.
  • It uses both the GAIN and RSI indicators to sell as soon as the current price goes above the GAIN threshold you set.
  • It uses RSI to confirm we are at the top of the trade cycle to ensure we sell at the peak.
  • It uses a low GAIN and DEFAULT_trailing_profit percentage to scalp profits as quickly as possible.

Strategy Tips

  • This strategy works best in a Bull market, but will work in a bear or sideways market just much slower as volatility will be low in those markets.
  • The key to this strategy is to ensure you do not overextend yourself by getting your max trading pairs and initial cost right to suit your trading budget.
  • Use the DCA calculator we provide to work these values out covering at least 4 levels of DCA for all your pairs. Once you have those values enter them into this strategy. The DCA calculator also ensures you have a 50/50 split on your trading budget to ensure you have sufficient budget for the sell side of this strategy.


  • eltoro.txt
  • Last modified: 14 days ago
  • by cryptocoyn