Profit MAX MTF HeatMapThis is a powerfull strategy which is made from combining 3 multi timeframes into one for profit max indicator
In this case we have daily, weekly and montly.
Our long conditions are the next ones :
if we have an uptrend on all 3 at the same time, we go long.
If we have a downtrend on all 3 of them at the same time we go short.
For exit, for long, as soon as one of the 3 converts into downtrend we exit the trade.
For exit, for short, as soon as one of the 3 converts into uptrend we exit the trade.
This tool can be used on all types of markets, and can also be changed the time frames.
[b]forex
Price action strategy FOREX with amazing results
Hello, today I bring another amazing strategy for forex .
Its made of T3 moving average , combined together with a pattern rule and a specific entry time.
We take all of that and we trade it in inverse.
So what normally for long would be : close higher than the previos high and close higher than the average, we use this as a short condition. We do the same stuff for long condition.
So in the end we end up with an amazing product.
It also has a risk management inside, with a TP/SL based on % move of the price .
Let me know how it goes .
DD_ScalpDD_Scalp is a buy/sell trading strategy based on momentum from breakout levels. It works well on 1D and 4H timeframes. It is a helpful indicator for scalping short range profits on a daily basis or for booking profits in a high time frame setups such as those given by my DD_Echo indicator. It works for all major cryptos such as BTC, ETH, LINK, and other alts. It also works for forex.
If you want to access this, please DM me.
GreenCrypto PR Strategy for Swing TradesThis is a very good strategy for Swing Trading, I have been using this strategy for very long time and made good amount of profit using this. This works great for both long trades and short trades, Stop loss and Take profit target is must while entering the trade, this make sure that the trade ends up in good profit and in case if the market revers, ends in only small loss.
This strategy works using the pivot points, we calculate the pivot point using the number of candles mentioned in the input field "leftBars" and "rightBars", if you add more number of bars then the frequency of the trade decreases. for example with the leftBars as 4 you will get less trades than the leftBar=2. Every trade entry is represented using "Buy" and "Sell" signals, whenever there is a new signal chart shows buy/sell signal for limit price, you need to add a limit order for the same price.
Parameters:
LeftBars = Number of left bars should be used for calculating the pivot pints, (more bars means less frequent trades)
RightBars = Number of right candle bars used for calculating the pivot points (more bars means less frequent trades)
Date/month/day : for selecting the right backtesting the period (currently it set to Jan 2018 to current day )
for this backtesting i have used 1000$ capital and with 10% capital used for each trade, free to modify it as per your needs.
This strategy works best on 4H time frame but you can also try backtesting on other time periods.
The default parameters present in the strategy is works best for most of famous cryptocurrencies on 4H time period.
Please DM me if you would like to tryout 7 Days free trail.
Forex SWING TraderThis strategy is mainly designed for swing trading applied to FOREX.
In this case we make use of 2 moving averages but with different time frame, lets say 1h and 1 day.
When they cross above we would initially have a long trade, but in this strategy we trade it in reverse, so we would actually enter a short position.
The same for short trade.
At the same time we make use of hours for entry, so we can filter even better between the trades, and select the best possible hours for entries.
For exit we have 2 conditions : one is when we receive an opposite signal ( by default ).
The other is when a certain movement between moving averages, like lets say 1% of price movement, we will exit. This can act both as TP and SL.
Momentum Explosion 2CCI RSI"Momentum Explosion Template for Mobile Metatrader", that is a trading system trend momentum based on two Commodity Channel Index (CCI) , RSI and two Moving Averages.The trading signals are generated by the crossing of the moving averages confirmed by the agreement of the two CCIs and the RSI.
Two Moving averages Filtered by double CCI and RSI
Credit is to Dimitri Author Beejay (Forex Factory)
Trading Rules Momentum Explosion
Buy
EMA 8 crosses upward SMA 26.
CCI 34 periods > 0
CCI 55 periods > 0
RSI 26 > 48.
Sell
EMA 8 crosses downward SMA 26.
CCI 34 periods < 0
CCI 55 periods < 0
RSI 26 < 48.
Joseph Nemeth Heiken Ashi Renko MTF StrategyFor Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets.
Nemeth is a forex trader that came up with a multi-time frame heiken ashi based strategy that he showed to an older audience crowd on a speaking event video. He seems to boast about his strategy having high success results and makes an astonishing claim that looking at heiken ashi bars instead of regular candlestick bar charts can show the direction of the trend better and simpler than many other slower non-price based indicators. He says pretty much every indicator is about the same and the most important indicator is price itself. He is pessimistic about the markets and seems to think it is rigged and there is a sort of cabal that created rules to favor themselves, such as the inability of traders to hedge in one broker account, and that to win you have to take advantage of the statistics involved in the game. He believes fundamentals, chart patterns such as cup and handle and head and shoulders, and fibonacci numbers don't matter, only price matters. The foundation of his trading strategy is based around heiken ashi bars because they show a statistical pattern that can supposedly be taken advantage of by them repeating around seventy or so percent of the time, and then combines this idea with others based on the lower time frames involved.
The first step he uses is to identify the trend direction in the higher time frame(daily or 4 hourly) using the color of the heiken ashi bar itself. If it is green then take only long position after the bar completes, if it is red then take only short position. Next, on a lower time frame(1 hour or 30 minutes) look for the slope of the 20 exponential moving average to be sloping upward if going long or the slope of the ema to be sloping downward if going short(the price being above the moving average can work too if it's too hard to visualize the slope). Then look for the last heiken ashi bar, similarly to the first step, if it is green take long position, if it is red take short position. Finally the entry indicator itself will decide the entry on the lowest time frame. Nemeth recommends using MACD or CCI or possibly combine the two indicators on a 5 min or 15 min or so time frame if one does not have access to renko or range bars. If renko bars are available, then he recommends a 5 or 10 tick bar for the size(although I'm not sure if it's really possible to remove the time frame from renko bars or if 5 or 10 ticks is universal enough for everything). The idea is that renko bars paint a bar when there is price movement and it's important to have movement in the market, plus it's a simple indicator to use visually. The exit strategy is when the renko or the lowest time frame indicator used gives off an exit signal or if the above conditions of the higher time frames are not being met(he was a bit vague on this). Enter trades with only one-fifth of your capital because the other fifths will be used in case the trades go against you by applying a hedging technique he calls "zero zone recovery". He is somewhat vague about the full workings(perhaps because he uses his own software to automate his strategy) but the idea is that the second fifth will be used to hedge a trade that isn't going well after following the above, and the other fifths will be used to enter on another entry condition or if the other hedges fail also. Supposedly this helps the trader always come out with a profit in a sort of bushido-like trading tactic of never accepting defeat. Some critics argue that this is simply a ploy by software automation to boost their trade wins or to sell their product. The other argument against this strategy is that trading while the heiken ashi bar has not completed yet can jack up the backtest results, but when it comes to trading in real time, the strategy can end up repainting, so who knows if Nemeth isn't involving repainting or not, however he does mention the trades are upon completion of the bar(it came from an audience member's question). Lastly, the 3 time frames in ascending or descending fashion seem to be spaced out by about factors of 4 if you want to trade other time frames other than 5/15min,30min/1hour, or 4hour/daily(he mentioned the higher time frame should be atleast a dozen times higher than the lower time frame).
Personally I have not had luck getting the seventy+ percent accuracy that he talks about, whether in forex or other things. I made the default on renko bars to an ATR size 1 setting because it looks like the most universal option if the traditional mode box size is too hard to guess, and I made it so that you can switch between ATR and Traditional mode just in case. I don't think the strategy repaints because I think TV set a default on the multi-time frame aspects of their code to not re-paint, but I could be wrong so you might want to watch out for that. The zero zone recovery technique is included in the code but I commented it out and/or remove it because TV does not let you apply hedging properly, as far as I know. If you do use a proper hedging strategy with this, you'll find a very interesting bushido type of trading style involved with the Japanese bars that can boost profits and win rates of around possibly atleast seventy percent on every trade but unfortunately I was not able to test this part out properly because of the limitation on hedging here, and who knows if the hedging part isn't just a plot to sell his product. If his strategy does involve the repainting feature of the heiken ashi bars then it's possible he might have been preaching fools-gold but it's hard to say because he did mention it is upon completion of the bars. If you find out if this strategy works or doesn't work or find out a good setting that I somehow didn't catch, please feel free to let me know, will gladly appreciate it. We are all here to make some money!
Swing/Daytrading strategy with reversal option
Hello, today I bring a swing reversal strategy that work on all financial markets.
It uses timeframes starting from 1h, the bigger the better.
Its very dangerous because it has no stop loss, neither a take profit. Our exit condition is based on the reversal on the entry .
For entry we have 2 types : normal and reversal
Lets say we want to go long , for that we check the last CLOSE of a candle with the previos HIGH. If its higher than that, and at the same time CLOSE is bigger than the moving average, we have a long entry.
For short we have CLOSE with the previous LOW. If its lower than that and at the same time is lower than moving average, we have a short entry.
For moving average we use T3 MA
For reversal what I do, is , I take the short condition and I apply it to long, and for long I apply the short condition.
On many cases I found out it work amazingly.
I forgot to add: it also has a time entry system, so we use the best hours/sessions for entries .
Exit a trade: lets say we enter short, when we find a long condition, we close short and enter into long. Viceversa for long.
If you have any questions, let me know.
Enjoy it :)
Profitable Strategy Forex 80 by LukasHello all,
Herewith I publish my Forex strategy, it's works for major pairs only.
I ran more than a thousand test to get this result! :))
The strategy have more than 8 Buy and Sell signal condition with 2 core signal provider.
You can turn on/off each 7 signal and find the most profitable combination for each pairs.
If you trade on lower timeframe, you can turn on "Higher Timeframe MA".
It's also will trigger buy/sell when breakout from monthly high / low when entry condition meets.
You can set weekly or monthly.
I work on 4H timeframe when develop the script, so best use is 4H.
Basically i want to make reliable strategy that can automate trade
without the need to check chart every minutes! Hahha
So i think higher time frame is the best time to start,
and I found 4H chart on Forex have more clear structure and volatility .
I make the signal visible, it consist of 3 line represent The Pairs, Base and Counter pairs,
basically when Green line on top it means Base currency is strong, vice versa.
You may share your setting in the comment section, so others can try it :)
For this result I turn on Signal A,C,D,E,F
Signal A and B use special RSI
Signal C and D use special MACD
Signal E use RSI
Signal F use EMA and DEMA combination
In my opinion each pairs has unique character, some of them move faster than others.
So, adjust the setting for each pairs will benefit you more.
For further develop of this strategy, please give me feedback! :)
Multi Time Frame Buy&Sell V4.0 [BACKTEST]Hi guys,this indicator Developed for Intraday and multi Time Frame Trading. Note: Invite only Script.Request to me Access permission to test this.
*** THIS IS STUDY VERSION ***
Time Frame : can use for 15 min / 30 min / 1h / 4h time
15 min configuration is best result for bitcoin and ethereum .
This can be used : Crypto Currency/ Bitcoins / ethereum ,Forex,currencies ,Index ,Commodity Gold / silver , Oil Market and in Equity / Futures
ETHUSDT Futures 15min
BTCUSDT Futures 15min:
GOLD /USD FOREX 15min:
HOW IT WORKS:
this indicator analyze EMA&SMA support and resistance then combine with pivot point and fibo levels is used to calculate the signals.and finally show entry label on
chart with target point and stop loss
HOW TO USE:
Creating a signal is as simple as adding the indicator called to your chart(buy or sell)label and background color change ( green=buy / red = sell)
green line is target and black line is stop loss.
in top of setting page you can see noise filter option . that can change it to get better result and reduce noise. in setting can set 3 target level and stoploss
NOT:all information show to info panel in chart.
strategy tester : enabled .All you can test this in live market in any segment.
NOT: can to change noise filter in setting setup until to get best result.
Choose any Date Month Year to Current Date and check the results below in the Strategy Tester.
REPAINT/NO REPAINT : No Repaint ,entery labal(buy or sell) and Background Color wont change. In the current candle position wait for the candle to close to see the
stability.
"Set alert": Select "Once per bar close" for your alert options.
There are 5 alerts:
- BUY
- SELL
- BUY OR SELL (for free TV users)
- take profit
- stop loss
Review and Feedback.Thank you!
Any issues report to me to Fix.Thank you!
how To Get access : Use the link below to obtain access to this indicator or PM us to obtain access.
Doji swing strategyThis is a simple strategy based on Doji star candlestick
This strategy is suited for big time frames, like 4h -1Day and so on.
It places two orders: long at doji star high or previous candle high and short at doji star low or previous candle low.
It can also be applied volume average, in order to filter between trades .
This strategy works very well with high time frames like Weekly TF because it eliminates the noise in doji formation.
It also has inside a risk management made of SL/TP , or if not prefered it can exit based on a exit condition.
If you have any questions, please let me know !
Ichimoku with MACD/ CMF/ TSI This is a strategy made from ichimoku cloud , together with MACD, Chaiking Money FLOW and True Strenght Index.
It can be adapted to any timeframe and any type of financial markets.
The idea behind its very simple,
We combine the long / short strategy from ichimoku, like cross between lines and below/above cloud together with histogram from MACD for positive/negative level. We use the same criteria for TSI and CMF, to check if its above or below 0 level.
Based on that we have a long or a short entry. The exit happens when the next options triggers, like for example we had long signal, we exit when we receive the short signal and viceversa.
It can be adapted with a risk management to apply a tp/sl level.
For any suggestion or details , let me know.
Triple EMA Scalper low lag stratHi all,
This strategy is based on the Amazing scalper for majors with risk management by SoftKill21
The change is in lines 11-20 where the sma's are replaced with Triple ema's to
lower the lag.
The original author is SoftKill21. His explanation is repeated below:
Best suited for 1M time frame and majors currency pairs.
Note that I tried it at 3M time frame.
Its made of :
Ema ( exponential moving average ) , long period 25
Ema ( exponential moving average ) Predictive, long period 50,
Ema ( exponential moving average ) Predictive, long period 100
Risk management , risking % of equity per trade using stop loss and take profits levels.
Long Entry:
When the Ema 25 cross up through the 50 Ema and 100 EMA . and we are in london or new york session( very important the session, imagine if we have only american or european currencies, its best to test it)
Short Entry:
When the Ema 25 cross down through the 50 Ema and 100 EMA , and we are in london or new york session( very important the session, imagine if we have only american or european currencies, its best to test it)
Exit:
TargetPrice: 5-10 pips
Stop loss: 9-12 pips
New Secret Strat V56156After years of resserch and development, I finally finished created the best strategy ever made.
It works on every security you can think of: futures, forex, bitcoin, and so on.
It will adapt the pattern of every chart to make the most money possible.
This is the masterpieace I was hopping to produce one day, and now it is.
Right before you.
Enjoy the best strategy that has ever been created.
Good luck !
BlueFX Strategy GOLD M15We are releasing this separate script file for trading Gold on the M15 time frame using our strategy. This can now run independently from the main file instead of changing parameters and saving as a template - thus making the use of these specific settings even easier for our traders.
You can see the back testing profitability shown below, although you can not use back testing to predict the future, both the volume of trades, net profit, win rate and draw down demonstrate a solid foundation and data to move forward from.
The strategy itself is explained in the 'Blue FX Strategy' but see below too for more info.
Our strategy will help you identify the current trend in the markets and highlight when this is changing. The strategy itself is based upon 4 indicators lining up in total confluence to increase the probability of the trade being a success.
Absolutely no technical analysis is needed to trade this - this is a trading tool and has solid back testing results trading in isolation - although you may also use to support your own trading - the choice is yours.
When a trade is valid - a Buy or Sell label will appear with the Entry price, SL and multiple TP's shown on the chart.
IMPORTANT note, the test results show and confirm that the most profitable exit strategy with these Gold settings is 'FT&SL' this means we enter the trade with a Stop Loss (SL) and simply hold and follow the trend (Follow Trend = FT) until a reverse signal is printed.
In our supporting video (see related ideas) you can see the impact of changing this target between multiple TP's and the net effect on both win rate and overall net profitability.
The Lot size will also be displayed and this is based on the risk parameters you have set personally in the calculation section.
What is a Trading View Script?
A script is like an indicator but better, we can verify the success of our strategy by using Trading Views strategy tester function. As shown below and on the chart - you can see the 'Buy' and 'Close Buy' on the chart, supported by a live trading log showing you the entry, entry price date, volume and closing price.
This is a great function for numerous reasons; firstly, you know you are using a strategy that has provided a positive expectancy in back testing, secondly you can use this as a trading journal to support your trading too. This in itself can help you with your trading psychology - letting winning trades run is a prime example of this. Take confidence in the statistics and performance over time.
Ultimately, we believe we have saved YOU the need to firstly, find an edge and a strategy - and all of the time it takes to BACKTEST a strategy - to then find it may or may not work - and then you start again!
Disclaimer alert; Please remember past performance is exactly that - how our strategy performed over those dates tested, it is not obviously a guarantee of future performance.
Interested in access or more information?
No problem, simply drop us a DM via trading view for access information.
Thank you for reading.
Darren
Rogue Profit Trend SystemThis system can be used for all assets. This script identifies trends and when to enter and exit. There is also built in risk management in the form of a take profit target or a reduction of risk to limit a losing trade. Inputs are variable and can be changed to better suit the asset and time frame you are trading. Since the risk management (take profit or limit loss) is calculated by 50% of your position, this system is designed to trade in multiples of two's. For example, you enter into a position with $100 at risk, when your risk management signal fires, it will reduce your position by 50% to either snag some profit or limit a loser leaving you with $50 in the position. Close the trade completely when the trend reverses for either a profit or loss.
Nothing about trading is easy. You will have losing trades. Managing your risk is the key to success which is why this system is so powerful. Markets are fluid and random so you will have to put some time and effort into adjusting the system inputs for each asset and the respective time frame you are trading and continue to adjust as time passes. This system will make you money if you manage it correctly and systematically.
Message me for two day trial access. Happy trading!
Jarvis for EURUSD by Goldman ArmiThis strategy is called JARVIS after the famous AI from the MARVEL movie Iron Man.
It is an improvement of the Copernicus Strategy to get better results. More exactly I was aiming to obtain over 50% of the number of trades profitable, for every pair provided (see the title).
The strategy tester does not include leverage trading, please keep that in mind and feel free to change the parameters of the volume for the position in the strategy settings to see the closer to reality results.
The setup for this strategy is more complicated because it includes 3 averages, all of them calculated with prices obtain by various formulas for each one of them and I call this: Sophisticated Moving Average (Copyright). Each of the 3 averages are applied to different timeframes and have different values. All of these parameters are configured separately for every trading pair and this is why I am publishing them separately.
There are not a lot of trades in this strategy, the average is around 3/month for EURUSD and the result you see in this strategy is from January 2020 to this date of publishing.
You can use the Tradingview alert services to configure this to execute (webhook) on your exchange/broker, because strategies have now the possibility to send alerts.
For other questions please send me a message.
Strategy Smart Forex Buy Sell Signal by LukasHi, I just convert my Smart Forex Buy Sell Signal into strategy.
BUY and SELL signal base on Price action, RSI , and Correlation between Forex Major Pairs.
It's only work for Forex Major Pairs because I only took their data.
Included alert : Spec, Buy, Strong
Recommended to wait for double signal :
Spec Buy > Buy or Spec Sell > Sell
Buy > Strong Buy or Sell > Strong Sell
So execute after the second signal triggered.
On this strategy I exclude Spec Sell/Buy on strategy test.
I use simple Profit/Loss 200/100 and 5 pyramid, you can play around with the setting.
And to improve the odds, simply use my Currency Strength Indicator to pick what pairs to trade. Choose Strong Vs. Weakness to get maximal profit. It help me to stay away from ranging pairs.
Any feedback are welcome :)
Relativity BEARS FOREX 50X 4H AlgorithmHello, this script is the correction of my old script related to Forex. (Bear market)
Old script :
4H was chosen as the time frame.
Thus, larger pips are at our disposal and we benefit more from the hedge effect of the leverage.
Commissions per trade have been removed to get more realistic commissions.
Because every wrong trade deletes all the 1% position size.
(with leverage effect)
Use the links below to obtain access to this indicator :
Relativity BULLS FOREX 50X 4H Algorithm
Hello, this script is the correction of my bull script related to Forex. (Bull market)
Old script :
4H was chosen as the time frame.
Thus, larger pips are at our disposal and we benefit more from the hedge effect of the leverage.
Commissions per trade have been removed to get more realistic commissions.
Because every wrong trade deletes all the 1% position size.
(with leverage effect)
Use the link below to obtain access to this indicator :
Relativity BEARS FOREX 100X 1H AlgorithmHi,
This system is prepared only for leveraged markets and only for Forex.
System parameters:
Timeframe = 1H (1 Hours)
Leverage = 100X
Position Size = %1 (0.01) Each Trade
System features :
- It targets the Risk /Reward Ratio of 1/3 and above. (Risk/Reward Ratio >= 3 )
- If a Take Profit Point has come in a successful trade but the parameter conformity has not deteriorated, system continues the trade.
- In this way, you can catch strong short trends several times a year.
But it is strict as stop-loss and avoids large declines,whipsaws whenever possible.
- The system tries to avoid unnecessary processes as much as possible.
This means less commission and less sideways market.
- Since it takes advantage of the reverse market, it is suitable not only for long and short but only for short position, ie "bears".
But this neutralizes unnecessary processes.
- Stop-Loss points and Take Profit (TP) points are shown in red and green.
-However, if there is a small amount of follow-up available at the computer, it is recommended to put stop-loss only.
Because the system revises both stop-loss and take profit points according to the conditions formed.
Doing this in the right major long trend here allows you to be in trades.
-The system takes into account the risk and only opens transactions where the value corresponding to 100 leverage ratio is greater than the risk.
This provides as much protection from risk as possible.
-Alerts added.
***Since it is located in the most risky market, the forex market, a balanced algorithm has been optimized, considering that it has a very unstable structure similar to dilithrium crystals (same logic as investment bank trader test).
So if this algorithm was a person, it would be an incredibly disciplined but equally skeptical person =)
Also, like other systems, this system also uses ANN (Artificial Neural Networks).
About Backtest :
Since this system is for leveraged market, backtest results are not healthy.
But since it targets the 1/3 Risk Reward Rate (3.00),
we must look Ratio Avg Win/Loss and it must be over 0.5 because :
This ratio means: When we reach 33% of our correct trades in all our trades, we are at breakeven.
This is 100 - 33 = 66
33/66 = 0.5
So whenever this rate is over 0.5, we make a profit.
*** The fact that this ratio must over 0.75 (worst scenario) in terms of securing ourselves because there will be extra comission fees for worst scenario.
Above this ratios ,we can do successful snowball trades.
And we achieve success cumulatively.
Important Note : This system is prepared only for these parameters.
NOTE :
The system has been prepared as a strategy to present success in a transparent manner.
Please check "Ratio Avg . Win / Avg Loss" rates in backtests.
Important Note 2 -
Although the system revises the stop and take profit points in the required parameters, the most accurate place is when the signal comes.
It should be entered when the signal comes as much as possible and if this did not happen,
trade must be opened in the nearest bars after the signal comes.
Best regards.
EDIT : Comission added. (%0.1)
Relativity BULLS FOREX 100X 1H AlgorithmHi,
This system is prepared only for leveraged markets and only for Forex.
System parameters:
Timeframe = 1H (1 Hours)
Leverage = 100X
Position Size = %1 (0.01) Each Trade
System features :
- It targets the Risk /Reward Ratio of 1/3 and above. (Risk/Reward Ratio >= 3 )
- If a Take Profit Point has come in a successful trade but the parameter conformity has not deteriorated, system continues the trade.
- In this way, you can catch strong long trends several times a year.
But it is strict as stop-loss and avoids large declines,whipsaws whenever possible.
- The system tries to avoid unnecessary processes as much as possible.
This means less commission and less sideways market.
- Since it takes advantage of the reverse market, it is suitable not only for long and short but only for long position, ie "bulls".
But this neutralizes unnecessary processes.
- Stop-Loss points and Snow-take points are shown in red and green.
-However, if there is a small amount of follow-up available at the computer, it is recommended to put stop-loss only.
Because the system revises both stop-loss and take profit points according to the conditions formed.
Doing this in the right major long trend here allows you to be in trades.
-The system takes into account the risk and only opens transactions where the value corresponding to 100 leverage ratio is greater than the risk.
This provides as much protection from risk as possible.
-Alerts added.
***Since it is located in the most risky market, the forex market, a balanced algorithm has been optimized, considering that it has a very unstable structure similar to dilithrium crystals (same logic as investment bank trader test).
So if this algorithm was a person, it would be an incredibly disciplined but equally skeptical person =)
Also, like other systems, this system also uses ANN (Artificial Neural Networks).
About Backtest :
Since this system uses leveraged market, backtest results are not healthy.
But since it targets the 1/3 Risk Reward Rate (3.00),
we must look Ratio Avg Win/Loss and it must be over 0.5 because :
This ratio means: When we reach 33% of our correct trades in all our trades, we are at breakeven.
This is 100 - 33 = 66
33/66 = 0.5
So whenever this rate is over 0.5, we make a profit.
*** The fact that this ratio must over 0.75 (worst scenario) in terms of securing ourselves because there will be extra comission fees for worst scenario.
Above this ratios ,we can do successful snowball trades.(Because future contracts have loss of maturity and end dates)
And we achieve success cumulatively.
Important Note : This system is prepared only for these parameters.
NOTE :
The system has been prepared as a strategy to present success in a transparent manner.
Please check "Ratio Avg . Win / Avg Loss" rates in backtests.
Important Note 2 -
Although the system revises the stop and take profit points in the required parameters, the most accurate place is when the signal comes.
It should be entered when the signal comes as much as possible and if this did not happen,
trade must be opened in the nearest bars after the signal comes.
Best regards.
EDIT : Comission added. (%0.1)
Stockracle - CryptoLong 1HThis strategy is focused on Long Position and no Short Position in this strategy. The Purpose I make this just focused on long strategy to avoiding bias in trading and i try to make sustainable profit for long term by tracking an instrument value every time. This Indicator setup is very good with Bitcoin 1 Hour Timeframe, but no limited to Bitcoin itself, it can be used to Ethereum and others with 1 Hour Timeframe.
