BTC H4/D1 Bollinger Breakout Momentum Robot [AlgoChadLin]

The Bitcoin H4 Bollinger Breakout Momentum is a specialized trading system meticulously crafted to capture the significant, high-volatility moves characteristic of the Bitcoin market.

This strategy prioritizes a favorable risk-reward ratio, focusing on quality over quantity. Its core philosophy is to identify and ride major trend breakouts using a Bollinger Band channel combined with a weighted price channel. It aims to catch large-scale movements that can generate substantial returns, potentially building wealth with just a few successful trades.

Strategy Logic

Breakout Entry: The strategy's primary entry signals are triggered by a confirmed breakout from a consolidating market. It uses a dual-moving average channel (Bollinger Bands) to identify when price is moving from a sideways range into a clear trend. The entry order is placed with a stop mechanism, ensuring a trade is only executed when the momentum is strong and confirmed.

Weighted Price Channel: To refine entry points, the strategy uses a unique weighted price channel. This channel is derived from a custom calculation of high, low, and close prices, providing a more sensitive and dynamic measure for placing pending orders.

Dual-Layered Exits: The strategy manages trades with a dual-layered exit approach. It uses a fixed take-profit to secure large gains, reflecting the strategy's focus on big-picture moves. Additionally, a monthly close is used as a hard stop-loss, providing a robust higher-timeframe protection against major reversals.

Move-to-Breakeven: To protect capital, the strategy includes a move-to-breakeven feature. Once a position reaches a certain level of profit, the stop-loss is automatically adjusted to a breakeven point plus a small buffer, eliminating the risk of a losing trade.

Parameters

• Bollinger Bands Period: Defines the lookback period for the Bollinger Bands, which helps to determine the breakout points for entry.
  
• HMA Period: Sets the period for the Hull Moving Average, which serves as a dynamic exit signal.
  
• Price Channel Period: Defines the lookback period for the weighted price channel, which influences the entry price.
  
• Entry Price Multiplier: Adjusts the distance of the pending order from the weighted price channel.
  
• Profit Target Percentage: A percentage value that sets the take-profit level based on the entry price.
  
• Move-to-Breakeven Trigger: A value in ticks that determines when to move the stop-loss to breakeven.
  
• Breakeven Ad
  

ditional Pips: A value in ticks that adds a buffer to the breakeven stop-loss.

Setup

• Timeframe: H4/D1, the higher the better.
  
• Asset: This strategy is specifically designed for Bitcoin (BTC) and its characteristic large price swings. Its focus on big-picture moves and high volatility makes it a suitable tool for capturing Bitcoin's explosive potential.