HPSI PRO

The HPSI Pro software is a new addition to the CWE product range that has been designed to capitalize on cryptocurrencies that have quickly lost value against BTC but are expected to recover.

  1. HPSI Pro Explanation
  2. HPSI Pro Tutorial
    1. Create bot with Company strategy
    2. Create bot with your own strategy
  3. Create an HPSI Pro Simulation
Tutorial Last Updated : 17/08/2018 17:52 UTC

HPSI Pro Explanation

The HPSI Pro software is a new addition to the CWE product range that has been designed to capitalize on cryptocurrencies that have quickly lost value against BTC but are expected to recover.

The price of the coin ‘dips’ unexpectedly against the prevailing trend or trajectory of the coin price, and this software is designed to capitalize on these ‘retracements’ by buying at the low point of the dip, calculating when the price has begun a recovery, and then selling after the price has recovered. If the software is left active, it will attempt to play out this strategy as many times as possible for as long as the user keeps the software active.

The user can choose to create their own strategy, or to use a strategy recommended by the CWE algorithms. In order to activate the strategy, the user will need to select 5 values:

- Coins to use with the strategy

- Drop Percentage

- Activated Coins

- Recovered Coins

- BTC investment

Below is a detailed explanation on exactly how to implement the strategy with examples. We also offer a simulation service so that you can see how your configurations would have worked in the past, to give you a good idea of how to configure the software for maximum gains.

STAGE 1 – Waiting for Drop: The strategy begins at this point. The robot will check the current price of the coins that have been selected, and will compare the current price to the highest price that the coin has reached in the past 24 hours. During this stage the inputted values of the strategy can be edited – e.g. Selected coins, Drop percentage, recovered coins percentage etc.

STAGE 2 – Waiting for Recovery: You will have selected a DROP PERCENTAGE figure (we recommend no higher than 20% as it is rare to have many coins drop such a percentage in 24 hours), and when a coin drops below the DROP PERCENTAGE line it will become ACTIVE. You will have also selected an ACTIVATED COINS percentage (we recommend no more than 70% to ensure the system carries out the strategy). This percentage is the amount of coins that need to drop below the DROP PERCENTAGE line in order to reach the next step of the strategy.

For example, if you have selected 30 coins for your strategy, a DROP PERCENTAGE of 10%, and an ACTIVATED COINS percentage of 50%, you will need AT LEAST 15 coins to have dropped 10% from their 24-hour high for the strategy to reach the next stage. If a coin price goes back above the DROP PERCENTAGE line, the coin will no longer be ACTIVE and the software will wait until the 50% target is achieved before going to STAGE 3.

STAGE 3 – Actively Trading: The software will calculate as to whether the coin is in recovery by marking a BOUNCE PERCENTAGE LINE. Once enough coins have moved above the BOUNCE PERCENTAGE line, as dictated by the ACTIVATED BOUNCE percentage that the user has selected, the software will purchase ALL ACTIVE coins as defined after STAGE 2. None of the inputted values can be edited at this point of the strategy.

If we use the example from POINT 2: 18 of our 30 coins became ACTIVE by dropping below the DROP PERCENTAGE line. The RECOVERED COINS percentage is 20%, so AT LEAST 20% of the 18 active coins must be in recovery before the software purchases the coins. 20% of 18 is 3.6, so in the example 4 coins must be in recovery. Once the ACTIVATED BOUNCE percentage is reached, all of the 18 coins that dropped below the DROP PERCENTAGE LINE will be purchased, with the BTC investment spread evenly between those coins. The robot can only allocate a maximum of 0.3BTC to each coin in the strategy.

The final stage of the strategy will see the software wait for a minimum of 2.5% profit for each coin before it begins the selling process for each coin individually (the software will attempt to sell each trade at the highest price possible).

HPSI Pro Tutorial

1. Go to the HPSI Pro tab, and select the ‘Live’ tab.

2. Select the ‘Add New HPSI Pro’ button in the upper left of the screen.

3. Select a Nickname for the new robot, select the exchange you will be using, and select the API Key for your exchange.

At this point, you will have 2 options. You can follow the Company strategy, and all of the coins will be chosen for you and parameters entered by the CWE intelligent algorithm, or, you may choose your own strategy, in which you will have to choose your own coins and parameters for the strategy.

Create bot with Company strategy

If you decide to follow the company strategy, first you simply have to select the option to ‘Follow the Company Strategy’, and then Enter your Investment in BTC (Please note that there is a minimum investment of 0.05BTC). Finally, click the Save button.

Immediately, you will see your new robot has been created in the HPSI Pro Live menu. As you have followed the company strategy, you will not be able to change any of the robot settings. The robot has 3 statuses; ‘Waiting for drop’, ‘Waiting for recovery’, and ‘Actively trading’. As soon as the robot is created, it will be ‘Waiting for drop’ as explained in the explanation above.

After a sufficient number of coins have dropped significantly to become Active, the robot will then update its status to ‘Waiting for Recovery’. This shows you that the robot is in the second stage of the strategy. If enough Active coins raise in price, there is a chance the robot can return to the first phase. (Please note: There is no specified time limit to this process. It may take days depending on market conditions).

Finally, the robot will reach the final stage of the strategy, and will read ‘Actively Trading’. At this point, the robot has purchased a number of the coins from its original selection. You can check the status of each individual coin by checking ‘Details’, and you will access the current performance of each coin. If you press the ‘Close All Transactions’ button, you will sell all of your trades back to Bitcoin and the strategy will end.

Create bot with your own strategy

You then have 3 options regarding which coins to select for your strategy:

1. Choose the recommended cryptocurrencies of the company – these are selected by the CWE intelligent algorithm which will choose the coins with the most potential for profit. If you select this option you will not have to choose any coins yourself.

2. Select all the cryptocurrencies of the exchange – This will select every single coin available for purchase in the exchange.

3. You may select your coins manually - You will be given a choice of all the coins of the exchange. You must choose a minimum of 15 coins.

Once you have selected your coins, Enter your investment in BTC (Please note: There is a minimum investment of 0.05BTC).

Next, you will need to enter the details of the 3 parameters. You will need to enter the ‘Drop Percentage’ (We recommend this as no higher than 20% as it is rare for the coins to experience a drop of higher than 20% in a single day), the ‘Activated Coins Percentage’ (Recommended from between 20-70%), and the ‘Activated Bounce Percentage’ (Recommended from between 20-100%)

When you have entered your values hit the ‘Save and Run’ button in the bottom right.

Immediately, you will see your new robot has been created in the HPSI Pro Live menu. The robot has 3 statuses; ‘Waiting for drop’, ‘Waiting for recovery’, and ‘Actively trading’. As soon as the robot is created, it will be ‘Waiting for drop’ as explained in the explanation above. At this point, you may edit either the coin selection or the parameters of the strategy by selecting either ‘Edit’ buttons.

After a sufficient number of coins have dropped significantly to become Active, the robot will then update its status to ‘Waiting for Recovery’. This shows you that the robot is in the second stage of the strategy. If enough Active coins raise in price, there is a chance the robot can return to the first phase. (Please note: There is no specified time limit to this process. It may take days depending on market conditions). At this point you can no longer edit your coins or settings.

Finally, the robot will reach the final stage of the strategy, and will read ‘Actively Trading’. At this point, the robot has purchased a number of the coins from its original selection. You can check the status of each individual coin by checking ‘Details’, and you will access the current performance of each coin. If you press the ‘Close All Transactions’ button, you will sell all of your trades back to Bitcoin and the strategy will end.

Create an HPSI Pro Simulation

1. Go to the HPSI Pro tab, and select the ‘simulation’ tab.

2. Then click on add a new simulation.

3. After that you need to select a nickname for the bot, your exchange and API Key.

4. After that you can use the company recommended coins or you can select the coins manually, it has to be between 15-30 coins selected.

5. Next you need to select the investment for the bot, the minimum investment is 0.05 BTC.

6. Then click ‘next’.

7. Next, you will need to enter the details of the 3 parameters: ‘Drop Percentage’ (We recommend this as no higher than 20% as it is rare for the coins to experience a drop of higher than 20% in a single day), the ‘Activated Coins Percentage’ (Recommended from between 20-70%), and the ‘Activated Bounce Percentage’ (Recommended from between 20-100%)

8. Then click on ‘save and run’.

9. Done! Your simulation is active.