Trading based on trading group signals can be very challenging to make profits trading cryptocurrenices and minimizing portfolio risk. If you’re not monitoring the trades, markets and sentiment it can be difficult to maximize the signal benefits. There are some great Apps that track portfolio’s but don’ t allow for customized formats that log and track more advanced signal analyzing. Delta is one of them which I use and like to track HODL currencies rather than daily trading.

Delta App: (https://medium.com/getdelta/introducing-delta-cryptocoin-portfolio-1-0-for-ios-android-f2c567a7861a)

Telegram channels.

My Telegram Signal Channel Stats:

Number of Channels: 16

Avg. Signals per day: 54.7

Avg. additional updates and analysis per day: 98.2

Average messages per day: 305

My questions are:

How to track and log your trades per channel and back test their trades for analysis and profitability?

How to manage it, keep track and lock in profits while trading and to clutter out the noise?

How to compare the channels?

What I’ve done to try to make my life and hopefully yours a bit simpler…

Here is a dashboard that updates my signal levels, overall budget/profit and key metrics on when to buy or sell based on the signals received.

What this does:

Tracks your signal positions by the minute in based on Bittrex and Binance exchange prices. Provides custom Sell Levels. (This is important because most Signal Channels don’t offer customized Levels. Many profits are not locked in if you are more conservative than me and want to skim profits on smaller cap coins.) List of all coins to look at current prices on Binance and Bittrex. In the exchange info section, a dropdown list allows you to search based on an individual currency on each exchange. Prices are updated each minute with calculation of all positions and ROI. Sell Signal Levels details to move up Stop-Loss prices or adjust sell level prices. Includes directions how to use and how to log you portfolio budget. For each Currency inputted, it tells you to Buy on Binance or Bittrex based on the cheapest price between the exchanges. Logs your trade data

This only allows 5 signals and most of the formulas are locked. Message me for additional trades to be seen and enhanced signal tracking functionality.

What you’ll be able to do:

Log all your trade signals and data.

Click button in sheet to log and clear data.

For instance, you’ll be find out data points such as:

Which channels reach Sell Levels more often compared to others?

Which are least profitable?

Do certain currencies trade well or poorly regardless of channel?

What I suggest:

Subscribe to a VPS machine. Contabo is a reliable service (~$15/mo) if you don’t want to run on your own computer.

Get a remote desktop app to run on phone to view and log your data.

Link to spreadsheet here: https://www.dropbox.com/s/wtxz92k64cbhzlv/Signal%20Tracking.xlsx?dl=0

Make sure you use enable macro’s on your computer as the button to clear the trade data.

Respond below for questions, issues and ideas for making this better.