This is my first concept of bear market movmment nearfuture
Bot is optimalised for --->>> BINANCE:BTCUSDT
The core of this bot is using ATR trend to define trend, also uses value to open new swingshorts ( RSI-VWAP ) or find a perfect close place ( OVERSOLD)
This bot is only short bot for 100% maximalize profit from every move down from Bitcoin
I recommend using 1-3x leverage for this bot, becouse of the high amount of wrong trades or closes with minimal profit
Sl is arount : 6% (Just for best perforrming in all backtesting time period)
So, short codintion is open by :
1) Both and S_ATR only if is not oversold
a) Is one of the most powerful and accurate trend indicators. measures how strong a trend is, and can give valuable information on whether there is a potential trading opportunity.
b) The (ATR) is a indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market by decomposing the entire range of an asset price for that period
2) -VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded.
vwwap open new position only if there is no signal from Cloud , , ATR indicators
There is some market situations:
While we got huge move to the down we can make amazing proofits
When we got movmment I made a conditions to not open any new shorts just waits for better situations
So that';s alll