TPHunter is Born

Written By gurch

10 September 2022

Categories: Discord

Alongside the educational content and community discussions around trading, we are looking to also provide some Crypto signals in the group. After a lot of effort and testing, TPHunter is now live in the Discord Server!

What does TPHunter do?

TPHunter is a Discord Bot which tracks the price of coins that we specify, this will allow members to get notified of buying opportunities

What Exchanges are the coins listed on?

Currently, TPhunter only monitors Coins listed on Binance. There are plans to expand this to other exchanges

How do I read the signals?

When a signal is posted it includes the coin name, prices to enter a position, Stop Loss and Take Profit target/s including the expected percentage loss/gains

Note if there are multiple entries, the percentage loss/gain is calculated from an average of the number of entries

The period to hit the Stop Loss or Take Profit targets is timed from when the first entry is hit

Typical information you will see on a signal posted in discord

As soon as this signal is posted, TPHunter will start monitoring the coin’s price. Once the entry/entries are hit, TPHunter will then start tracking the price of the coin

Below are some example messages that are then sent

To quickly search for updates on a signal, hit crtl+f in discord and search for the ID

How to read the signals?

These are BTC/altcoin pairs by default unless the signal says otherwise.

How can I learn to use Binance properly for trading?
Read these articles:
https://academy.binance.com/en/articles/understanding-the-different-order-types
https://academy.binance.com/en/articles/what-is-a-limit-order
https://academy.binance.com/en/articles/what-is-an-oco-order

How much account balance do we take for one signal?

Maximum 10% of our balance for one signal. We suggest 1% if you decide to enter the trade

What do we do when don’t have free funds to enter new signals?

If we don’t have free funds to enter new trades we sell our existing positions. Trades often retrace and reenter the entry zone. If it doesn’t, there’s always the next one

How much % do we share between Target 1,2,3?

Something like T1: 50%, T2: 25%, T3: 25%

It’s an optimal position sizing which will leave us with enough liquidity to enter new trades most of the time.

How do I get access to these signals?

These signals are free whilst we continue working on the discord server and website. Future plans can be found over at https://www.cosmiccrypto.club/premium/

How well do these signals perform?

At the moment you will need to look back at the history of the channel where the messages are posted. Once we have collected some historic data, we will make stats on past performance available to view

 

 

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