SolanaMemeBotTrader offers several trading strategies to suit different market conditions:
Momentum Trading
This strategy identifies coins with strong price momentum and trades in the direction of the trend. It works well in trending markets with clear directional movement.
// Simplified momentum strategy logic
function momentumStrategy(coin, timeframe = '5m') {
const priceData = getPriceData(coin, timeframe);
const ema20 = calculateEMA(priceData, 20);
const ema50 = calculateEMA(priceData, 50);
// Buy signal: EMA20 crosses above EMA50
if (ema20 > ema50 && previousEMA20 <= previousEMA50) {
return { signal: 'buy', confidence: 0.8 };
}
// Sell signal: EMA20 crosses below EMA50
if (ema20 < ema50 && previousEMA20 >= previousEMA50) {
return { signal: 'sell', confidence: 0.8 };
}
return { signal: 'neutral', confidence: 0 };
}
Breakout Detection
This strategy identifies coins breaking out of consolidation patterns or key resistance levels. It's effective for catching the beginning of strong price movements.
Volume Analysis
This strategy focuses on unusual volume spikes as indicators of potential price movements. It's particularly effective in the meme coin market where social media attention can drive sudden volume increases.
Trend Following
This conservative strategy identifies established trends and enters trades in the direction of the trend. It typically has fewer trades but higher win rates.