[astropark] ALGO Trading V3 [alarms]

24 feb 2020

Dear Followers,

today another awesome Swing and Scalping Trading Strategy indicator, runnable on a bot, which works great on many timeframes (from 1h and above is suggested), just write me in order to help you find correct settings).
It must be said that this strategy works even better on 1m Renko chart!

If you are a scalper or you are a swing trader, you will love suggested entries for fast and long-lasting profit.
Keep in mind that a proper trailing stop strategy and risk management and money management strategies are very important (DM me if you need any clarification on these points).

This is not an evolution of "ALGO Trading V1" or "ALGO Trading V2", but a twin sister of them.
For your reference, here it is the "ALGO Trading V1" indicator

and here the "ALGO Trading V2"

This strategy has the following options:

• enable/disable signals on chart
  
• enable/disable bars and background coloring based on trend
  
• enable/disable a "filter noise" option, which try to reduce overtrading (you can easily check it on backtesting)
  
• enable/disable a Take Profit / Stop Loss option (you can easily check it on backtesting too)
  
• enable/disable a secret SmartOption which may improve profit on your chart (again, check it on you chart if it helps or not)
  

This strategy only trigger 1 buy or 1 sell. If you enable Take Profit / Stop Loss option, consider that many TP can be triggered before trend reversal, so take partial profit on every TP an eventually buy/sell back lower/higher to maximize your profit.

This script will let you set all notifications you may need in order to be alerted on each triggered signals.
The one for backtesting purpose can be found by searching for the astropark's "ALGO Trading V3" and then choosing the indicator with "strategy" suffix in the name, or you can find here below

Strategy results are calculated on the time window from 1995 to now, so on more than 15 years, using 1000$ as initial capital and working at 1x leverage (so no leverage at all! If you like to use leverage, be sure to use a safe option, like 3x or 5x at most in order to have liquidation price very far).
This is not the "Holy Grail", so use a proper risk management strategy.

This script will let you backtest how the indicator will perform on any chart and timeframe you may like to test and/or trade. Of course results will be very different depending on the chart and timeframe you will open. I tested a lot of charts and always you can find a combination that keep this strategy in profit on swing trading style (and this means that if you can have a daily look at the chart you can always manage to maximize your profit on each trade!)


This is a premium indicator, so send me a private message in order to get access to this script.