This is a very efficient crypto scalper adapted to very short timeframes, however it can be optimized for other timeframes and assests as well.
Its components are MACD P SAR EMA 200 Risk management
Rules for entry: For short : we have an uptrend on PSAR , histogram is positive (divergence MACD) and close of a candle is below EMA 200 For long : we dont have an uptrend on PSAR, histogram is negative(divergence MACD) and close of a candle is above EMA 200
Rules for exit: We exit when we either find a reverse condition than the entry one, or based on stop loss/take profit that are calculated on % movements of the price.
@exlux99, Yea I'm just sticking to what I know, keeping grounded, exercising risk management (part of my job, yawn) but just exploring. Is there any way to set the date in your code? Also have you automated this at all?
exlux99
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@technicalPie69254, hi there, for autoamtion I have my own premium strategies. If you are interested hit me up in private :)
steinben88
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@exlux99, Hi i cant send direct messages yet here. Can you pm me? I am interested in your premium strategies.
hugomckenna
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drawdown and winrate is awful
PhilippBLG
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Hey, could you explain the value of the take profits and stop losses? Is it when the stop loss for long positions is set to one that there is a 1% stop loss?