Would it also be possible for C.A.T to show how many coins from your Balance of a current open market that is not already reserved for the Pool orders and then suggest a new/multiple orders that will use some/all of your available coins without having to do the math yourself to ensure the pool remains intact?
This is a feature i could evaluate.
1. Should we be looking at market trends and starting our 1st order in the same direction ? e.g. open a buy for long and sell for short?
If this is the case how do you go about placing your 1st order if you dont have enough coins to buy but have enough funds to open a sell order?
Assuming BTC/USD, would you manually sell your USD for BTC and then place a buy order or would you initially place a Sell order then C.A.T would reverse the pool trades so that follow the market up?
you can open a position in the same direction if you think market trend will continue in that direction.
But if you don't have enought coins you must probably manually sell (directly on the exchange) some coin and then open your position.
Otherwise you could start with a sell, but if the ping is a sell, CAT will complete the ping-pong only after market returns to a lower value and then you could have your gain.
Ex :
Ping Sell 1080 -> Pong Buy 1050
or
Ping Buy 1080 -> Pong Sell 1110
2. Or are we just looking at trading pairs that have the widest difference between best buy/sell price with enough volume to ensure quick trades that will achieve the guaranteed % rate and we dont care about longer term market trends ? noting i understand technical analysis and normally we would trade int he direction of the market?
Widest difference between best market prices means higher spread.
This is another point you can consider : higher spread mean higher change to complete ping-pong, BUT if spread is 5% And you wants a gain of 15% Probably the fact that spread is 5% or 0.1% won't change a lot, because to have 15% Gain you will need to wait a market movements and not only work "inside" the current spread.
3. when looking at potential trading pairs should we be looking for a narrow spread or wide spread % to trade ?
Is the spread we refer to the difference between current buy/sell prices or the coins current high/low for the last 24 hours?
Spread is the % difference between current values.
Current high/low in 24 hours could be an indicator, but is not always an important info : a market could stop moving after a lot of high/low.
But if you find a market where (usually) high/low values are constant, and the % difference is good, you can try to buy/sell or sell/buy inside that high/low range, using price limit and try to buy always under the median value (median = high+low/2) and sell alwayhs over the median value.
4. Should we only have 1 trade going at a time on a single trading pair in the direction or the market (assume using 100% of available funds) or should we be placing 2 orders, 1 buy and 1 sell at 50% available funds so that C.A.T can work different sides of the market within its trading band?
Your choise : you can open a market 5 times and create 5 algoritms (2 dynamic, 3 statics) and you can place 1 ping sell and 1 ping buy, or 2 ping sell (in different moments) and 5 ping buys (in different moments).
C.A.T. let's you choose, there's no unique best practise.
5. Does C.A.T track the market direction based on latest suggested price movements and will change pool direction to achieve its guaranteed % return?
after all i dont care what the market is doing or which way i trade as long as its making a return?
No, direction pool is related to the PONG type.
If you have a ping-pong of type Buy -> Sell then the BUY Pool will be updated after a PONG Completed
Ping Buy -> Trade -> Pong Sell -> Trade (Ping-Pong completed) -> Total (QtyxPrice) into Buy Pool -> New Ping Buy and so on.....
6. How do we determine the best place to set a stop loss order ?
Is this still based on our max acceptable loss for that trading pair? how do we take the trading pool into consideration when determining its placement?
Within C.A.T are we only using them to sell/buy to exit a trading pair when they drop below key resistance/support lines and then just let C.A.T trade in either direction until the stop losses are triggered?
This is also your choise : if you know that a market never goes under a X Value, you could probably choose X as stop loss value.
Otherwise you could set a very high value or just accept the loss without set any stop loss.
On C.A.T. side, set a Stop loss only means to let the PONG be executed, then gains (negative) Are calculated and ping-pong continue with current market prices.