TLCpro

TLCpro Trading Strategy
Description
TLCpro is a multi-timeframe trend-following strategy that combines EMA crossovers, MACD filtering, RSI confirmation, and VWAP/Trend EMA as dynamic support/resistance levels. The strategy is optimized for 1-hour (1H) and 4-hour (4H) timeframes, ensuring adaptability to different market conditions.

Key Features

• Dual EMA Crossover (Fast & Slow EMA) – Generates entry signals when the fast EMA crosses above/below the slow EMA.
  
• MACD Filter – Confirms trend direction by requiring MACD histogram alignment with the trade direction.
  
• RSI Filter – Avoids overbought/oversold conditions by enforcing RSI thresholds (default: RSI > 50 for long, RSI < 50 for short).
  
• Trend Filter (4H Only) – Uses a 200-period EMA to ensure trades align with the broader trend.
  
• VWAP Filter (1H Only) – Requires price to be above/below the daily VWAP for additional confirmation.
  
• Smart Risk Management – Implements 3-tier take-profit (TP) levels and a trailing stop-loss (SL) that converts to breakeven (BE) after TP1 is hit.
  

How It Works
Entry Conditions

• Long Entry:
• Fast EMA (15) crosses above Slow EMA (30).
  
• MACD histogram is positive.
  
• RSI > 50 (configurable).
  
• On 1H: Price above daily VWAP.
  
• On 4H: Price above 200-period Trend EMA.
  

• Short Entry:
• Fast EMA (15) crosses below Slow EMA (30).
  
• MACD histogram is negative.
  
• RSI < 50 (configurable).
  
• On 1H: Price below daily VWAP.
  
• On 4H: Price below 200-period Trend EMA.
  

Exit & Risk Management

• 3 Take-Profit Levels (TP1, TP2, TP3) – Closes portions of the trade at predefined profit levels (default: 3%, 6%, 10%).
  
• Dynamic Stop-Loss (SL) & Breakeven (BE) Logic:
• Initial SL: Fixed at 3% from entry.
  
• After TP1 is hit: SL moves to breakeven (entry price).
  
• After TP2 is hit: SL moves to TP1 level, locking in partial profits.
  
• Visual SL/TP Lines – Drawn on the chart for easy tracking.
  

Why TLCpro is Unique & Worth Using

• Multi-Timeframe Adaptability: Uses different filters (VWAP for 1H, Trend EMA for 4H) to improve signal quality.
  
• Smart Risk Management: Unlike static SL/TP strategies, TLCpro trails stops to lock in profits while minimizing risk.
  
• High-Confirmation Filters: Combines EMA, MACD, RSI, and Trend/VWAP to reduce false signals.
  
• Visual Clarity: Clearly marks SL, TP, and BE levels on the chart for intuitive trade management.
  

Backtesting & Risk Considerations

• Realistic Risk per Trade: Default stop-loss is 3%, ensuring sustainable risk management.
  
• Partial Profit-Taking: Exits 25% at TP1, 25% at TP2, and 50% at TP3, balancing risk and reward.
  
• Commission & Slippage: Should be accounted for in live trading (adjust in strategy settings).
  
• Recommended Capital: Works well with $1,000+ accounts due to percentage-based position sizing.
  

How to Use

• Apply to 1H or 4H charts (optimized for these timeframes).
  
• Default settings work well, but adjust EMA lengths, RSI thresholds, and TP/SL levels based on volatility.
  
• Monitor SL/TP lines – The strategy auto-updates them as price moves.
  
• Avoid over-optimization – Test on multiple instruments before live trading.
  

Final Notes
TLCpro is designed for swing traders and trend followers who want a systematic, rules-based approach with clear risk management. By combining multiple confirmation filters and dynamic stop adjustments, it aims to improve consistency in trending markets.