TradingIQ - Counter Strike IQ

6天前

Introducing "Counter Strike IQ" by TradingIQ

Counter Strike IQ is an exclusive trading algorithm developed by TradingIQ, designed to trade upside/downside breakouts of varying significance. By integrating artificial intelligence and IQ Technology, Counter Strike IQ analyzes historical and real-time price data to construct a dynamic trading system adaptable to various asset and timeframe combinations.

Philosophy of Counter Strike IQ

Counter Strike IQ operates on a single premise: Support and resistance levels cannot hold forever. At some point either side must break for the underlying asset to exhibit trends; otherwise, prices would be confined to an infinitely narrowing range.

Counter Strike IQ is designed to work straight out of the box. In fact, its simplicity requires just four user settings to manage output, making it incredibly straightforward to manage.



Minimum ATR Profit, Minimum ATR Stop, EMA Filter and EMA Filter Length are the only settings that manage the performance of Counter Strike IQ!

Traders don’t have to spend hours adjusting settings and trying to find what works best - Counter Strike IQ handles this on its own.

Key Features of Counter Strike IQ

Self-Learning Breakout Detection

• Employs AI and IQ Technology to identify notable breakouts in real-time.
  

AI-Generated Trading Signals

• Provides breakout trading signals derived from self-learning algorithms.
  

Comprehensive Trading System

• Offers clear entry and exit labels.
  

Performance Tracking

• Records and presents trading performance data, easily accessible for user analysis.
  

Self-Learning Trading Exits

• Counter Strike IQ learns where to exit positions.
  

Long and Short Trading Capabilities

• Supports both long and short positions to trade various market conditions.
  

Strike Channel

• The Strike Channel represents what Counter Strike IQ considers a tradable long opportunity or a tradable short opportunity. The Strike Channel is dynamic and adjusts from chart to chart.
  

IQ Graph Gradient

• Introduces the IQ Graph Gradient, designed to classify extreme values in price on a grand scale.
  

How It Works

Counter Strike IQ operates on a straightforward heuristic: go long during significant upside price moves that break established resistance levels and go short during significant downside price moves that break established support levels.

IQ Technology, TradingIQ's proprietary AI algorithm, defines what constitutes a “significant price move” and what’s considered a tradable breakout. For Counter Strike IQ, this algorithm evaluates all historical support/resistance breaks and any subsequent breakouts. For instance, the price move following up to a breakout is measured and learned from, including the significance of the identified support/resistance level (how long it’s been active, how far price moved away from it, etc). By analyzing these patterns, Counter Strike IQ adapts to identify and trade similar future breakout sequences.

In simple terms, Counter Strike IQ learns from violations of historical support/resistance levels to identify potential entry points at currently established support/resistance levels. Using this knowledge, it determines the optimal, current support/resistance price level where a breakout has a higher chance of occurring.

For long positions, Counter Strike IQ places a stop-market order at the AI-identified resistance point. If price violates this level a market order will be placed and a long position entered. Of course, this is how the algorithm trades, users can elect to use a stop-limit order amongst other order types for position entry. After the position is entered TP1 is placed (identifiable on the price chart). TP1 has a twofold purpose:

• Acts as a legitimate profit target to exit 50% of the position.
  
• Once TP1 is closed over, the initial stop loss is converted to a trailing stop, and the long position remains active so long as price continues to uptrend.
  

For short positions, Counter Strike IQ places a stop-market order at the AI-identified support point. If price violates this level a market order will be placed and a short position entered. Again, this is how the algorithm trades, users can elect to use a stop-limit order amongst other order types for position entry. Upon entry TP1 is placed (identifiable on the price chart). TP1 has a twofold purpose:

• Acts as a legitimate profit target to exit 50% of the position.
  
• Once TP1 is closed over, the initial stop loss is converted to a trailing stop, and the short position remains active so long as price continues to downtrend.
  

As a trading system, Counter Strike IQ exits TP1 using a limit order, with all stop losses exited as stop market orders.

What Classifies As a Tradable Upside Breakout or Tradable Downside Breakout?

For Counter Strike IQ, tradable price breakouts are not manually set but are instead learned by the system. What qualifies as a significant upside or downside breakout in one market might not hold the same significance in another. Counter Strike IQ continuously analyzes historical and current support/resistance levels, how far price has extended from those levels, the raw-dollar price move leading up to a violation of those levels, their longevity, and more, to determine which future levels have a higher chance of breaking out when retested!



The image above illustrates the Strike Channel and explains the corresponding prices and levels

• The green upper line represents the Long Breakout Point.
  
• The pink lower line represents the Short Breakout Point.
  
• Any price between the two deviation points is considered “Acceptable”.
  

The image above shows a long position being entered after the Upside Breakout Point was reached.

• Green arrows indicate that the strategy entered a long position at the highlighted price level.
  
• Blue arrows indicate that the strategy exited a position, whether at TP1, the initial stop loss, or at the trailing stop.
  
• Blue lines indicate the TP1 level for the current trade. Red lines indicate the initial stop loss price.
  
• If price closes above TP1, the initial stop loss will be replaced with a trailing stop. A blue line (similar to the blue line shown for TP1) will trail price and correspond to the trailing stop price of the trade.
  

The image above shows the trailing stop price, represented by a blue line, used for the long position!

You can also hover over the trade labels to get more information about the trade—such as the entry price and exit price.



The image above shows a short position being entered after the Downside Breakout Point was reached.

• Red arrows indicate that the strategy entered a short position at the highlighted price level.
  
• Blue arrows indicate that the strategy exited a position, whether at TP1, the initial stop loss, or at the trailing stop.
  
• Blue lines indicate the TP1 level for the current trade. Red lines indicate the initial stop loss price.
  
• If price closes below TP1, the initial stop loss will be replaced with a trailing stop. A blue line (similar to the blue line shown for TP1) will trail price and correspond to the trailing stop price of the trade.
  

The image above shows the trailing stop price, represented by a blue line, used for the short position!

You can also hover over the trade labels to get more information about the trade—such as the entry price and exit price.

IQ Gradient Graph

The IQ Gradient Graph provides a macro characterization of extreme prices.



The lower macro extremity of the IQ Gradient Graph is colored green, while the upper macro extremity is colored red.

Minimum Profit Target And Stop Loss

The Minimum ATR Profit Target and Minimum ATR Stop Loss setting control the minimum allowed profit target and stop loss distance. On most timeframes users won’t have to alter these settings; however, on very-low timeframes such as the 1-minute chart, users can increase these values so gross profits exceed commission.

After changing either setting, Counter Strike IQ will retrain on historical data - accounting for the newly defined minimum profit target or stop loss.

AI Direction

The AI Direction setting controls the trade direction Counter Strike IQ is allowed to take.

• “Trade Longs” allows for long trades.
  
• “Trade Shorts” allows for short trades.
  

EMA Filter

The EMA Filter setting controls whether the AI should implement an EMA trading filter. Simply, if the EMA Filter is active, long trades can only initiate if price is trading above the user-defined EMA. Conversely, short trades can only initiate if price is trading below the user-defined EMA.



The image above shows the EMA Filter in action!


Verifying Counter Strike IQ’s Effectiveness

Counter Strike IQ automatically tracks its performance and displays the profit factor for the long strategy and the short strategy it uses. This information can be found in the table located in the top-right corner of your chart showing.

This table shows the long strategy profit factor and the short strategy profit factor.



The image above shows the long strategy profit factor and the short strategy profit factor for Counter Strike IQ.

• A profit factor greater than 1 indicates a strategy profitably traded historical price data.
  
• A profit factor less than 1 indicates a strategy unprofitably traded historical price data.
  
• A profit factor equal to 1 indicates a strategy did not lose or gain money when trading historical price data.
  

Using Counter Strike IQ

While Counter Strike IQ is a full-fledged trading system with entries and exits - manual traders can certainly make use of its on chart indications and visualizations.

The hallmark feature of Counter Strike IQ is its ability to signal a breakout near its origin point. Long entries are often signaled near the start of a large upside price move; short entries are often signaled near the start of a large downside price move.

For live analysis, the Strike Channel serves as a valuable tool for identifying breakout points.

The further price moves toward the Upside Breakout Point (green), the stronger the indication that price might breakout to the upside. Conversely, the deeper price reaches toward the Downside Breakout Point (red), the stronger the indication that price might breakout to the downside.

Of course, should buying or selling pressure stall, price may fail to breakout at the identified breakout level. This is a natural consequence of any breakout trading strategy!

With this information at hand, traders can quickly switch between charts and timeframes to identify optimized areas of interest.

3天前

版本注释

Version -- 1.1

Added "entries only" signal mode

前天

版本注释

Version -- 1.11

Added "brighter labels" option

昨天

版本注释

Version -- 1.12

Fixed rare issue where entries only mode would produce error