You could do this, but who knows how long to wait before a market has finished its dump and is ready to pump again ? Better to wait until a low price limit is met I think.

Heres another thought....

I think most people should have realised that Ping Buy/Pong Sell only works well on a rising (pumped) market, and Ping Sell/Pong Buy only works well on a falling (dumped) market.

To get the most gains, you can run Ping Buys whilst its rising, and then when the market starts a dump cycle (and you have some too high Pong Sells), cancel these orders, take a small loss on the difference, and then use the coin balance to start Ping Sell orders which should make good gains on the downward trend.

Then again, when the market looks like it has fallen its most and will start a pump again, similarly cancel your (too low Pong Buys), take a small loss, and restart these orders as Ping Buys, making the most gains again on the pump.

If you judge the market flips correctly, the losses should be zero or minimal. If you wait too long for the price trend to reverse, they will be more.


If people agree that this is a good method of making the most out of market cycles, I'd like to suggest the following :

• Have a button in CAT which works out and displays any loss to flip the market, and also tells you which way CAT is working i.e. Rising/Falling
• Pressing the button does the steps above and also adds the losses to the gain sheet, toggling between Rising/Falling
• Next step might even be to automate this with options like Set Market to Rising when a (low) price is met & Set Market to Falling when a (high) price is met.

Comments pls !