README.md in cryptum-0.0.400 vs README.md in cryptum-0.0.401
- old
+ new
@@ -66,41 +66,41 @@
-l, --[no-]list-products <Optional - List Supported Crypto Currency Products and Exit>
-p, --proxy=PROXY <Optional - HTTP Proxy e.g. "http://127.0.0.1:8080">
-R, --[no-]reset-trend-countdown <Optional - Reset Market Trend Countdown at Session Init (Defaults to false)>
-r, --session-root=PATH <Optional - Directory with etc && order_books (Defaults to ~/cryptum)>
-S, --[no-]sandbox <Optional - Use Coinbase Sandbox Environment for Testing Ideas>
- -t, --trend-reset-time=SECONDS <Optional - Seconds Between Market Trend Reset (Default 86_400 i.e. 1 day)>
+ -t, --trend-reset-time=TIME <Optional - Time Between Market Trend Reset (Default 1D)>
```
Example usage to trade on weekly instead of default daily:
```
$ cryptum --symbol btc-usd \
--session-root ~/cryptum \
- --trend-reset-time 604_800
+ --trend-reset-time 1W
```
By default, cryptum resets the market trend (i.e. number of buys vs number of sells) every day (i.e. 86400 seconds). As Maker & Taker fees drop in value, it may be useful to change the market trend reset value to something lower (e.g. 4 hours):
```
$ cryptum --symbol btc-usd \
--session-root ~/cryptum \
- --trend-reset-time 14_400
+ --trend-reset-time 4h
```
-Possible values for `--trend-reset-time` reside in the seconds column:
-|Seconds |Description|UI Label|
-|----------|-----------|----------|
-|`604_800` |1 week |`1W` |
-|`86_400` |1 day |`1D` |
-|`14_400` |4 hours |`4h` |
-|`10_800` |3 hours |`3h` |
-|`7_200` |2 hours |`2h` |
-|`3_600` |1 hour |`1h` |
-|`2_700` |5 minutes |`45m` |
-|`1_800` |30 minutes |`30m` |
-|`900` |15 minutes |`15m` |
-|`300` |5 minutes |`5m` |
-|`180` |3 minutes |`3m` |
-|`60` |1 minute |`1m` |
+Possible values for `--trend-reset-time` reside in the UI Label column:
+|Description|UI Label |
+|-----------|----------|
+|1 week |`1W` |
+|1 day |`1D` |
+|4 hours |`4h` |
+|3 hours |`3h` |
+|2 hours |`2h` |
+|1 hour |`1h` |
+|5 minutes |`45m` |
+|30 minutes |`30m` |
+|15 minutes |`15m` |
+|5 minutes |`5m` |
+|3 minutes |`3m` |
+|1 minute |`1m` |
If you choose a lower value than the default, the target profit margin's (i.e. TPM) will also be reduced (assuming the TPM is still higher than Maker + Taker fees). This may be desireable - although TPM is reduced, trading volume should increase resulting in better Maker & Taker fee tiers (i.e. lower cost / trade).
Another option (particularly useful with smaller balances) is bumping the market trend reset to 604800 (i.e. 1 week) which will immediately increase the TPM %'s. The downside to this approach is trading volume is reduced, resulting in higher maker & taker fee tiers (i.e. higher cost / trade).