top of page

Broker:

Pair:

Timeframe:

BYBIT

BTCUSD.P 

1 Hour

The Main Indicators used for this Strategy are a Baseline like for this Strategy the Exponential Moving Average; a Confirmation Indicator like for this Strategy the QQE Mod; and a Volume Indicator to filter out low Volume like for this Strategy the Waddah Attar Explosion.

Long Entry Rules:
When the Price Action is above the Baseline and the Confirmation Indicator gives an Entry Signal and the Volume Filter gives an Entry Signal, meaning that all 3 Indicators are confirming a Long Entry, then the Strategy prints a Long Entry Signal at the Close of the Candle. All Strategies are printing Long and Short Entry Signal at the Close of the Candle as the Signal must be confirmed by a Candle-Close. Depending on your Settings within the Risk Management Settings in the Strategy Inputs Section, this Script will automatically enter a Long Trade and it will plot a grey Line for the Entry Price, it will plot a red Line for the Stop Loss and a green Line for the Target.


The Opposite is true for Short Signals:

When the Price Action is below the Baseline and the Confirmation Indicator gives an Entry Signal and the Volume Filter gives an Entry Signal, meaning that all 3 Indicators are confirming a Short Entry, then the Strategy prints a Short Entry Signal at the Close of the Candle. All Strategies are printing Long and Short Entry Signal at the Close of the Candle as the Signal must be confirmed by a Candle-Close. Depending on your Settings within the Risk Management Settings in the Strategy Inputs Section, this Script will automatically enter a Short Trade and it will plot a grey Line for the Entry Price, it will plot a red Line for the Stop Loss and a purple Line for the Target.

This Strategy can be used for manual Trading and also for automated Bot-Trading as there is a built-in Alerts-Function to connect the Strategy to 3 Commas.

MY STRATEGY SETTINGS

SETTINGS: PROPERTIES SECTION

Recalculate on bar close: make sure to enable this Option.

This option enables an additional calculation on bar close, allowing market orders to enter on the same tick the order is placed which increases the accuracy of the displayed Backtester Results.

SETTINGS: STYLE SECTION

style section.png
BTCUSD.P_2023-06-24_08-49-03_6c43a.png
bottom of page