Developed for the btc perpetual future contract on Binance Futures.
How to Use:
It's based on a complex strategy for short positions that involves volume analysis, trend analysis, moving averages, supports and resistances and more. Concretely this indicator opens a short position when there is a bearish trend and a breakout of a support zone and uses fear and volatility to take an edge on the market.
It runs on the 5 min chart for the entry, and it analyses higher timeframes. It opens and close sell positions and automatically draws SL and TP. The R/R is 1:1.
It's possible to enable alerts of the strategy in order to be notified whenever the indicator opens or closes a position. You can use it in addiction of your strategy or for educational purposes.
(This indicator will be updated when/if there will be a change in the bias of the market)
Access must be given by me to test this. Once access given you can test. PM me or use the links below to obtain access to this indicator.
Backtesting Results:
Initial Capital= 10000 Order Size= 3 contracts (max loss 2.15% of the capital) Commission= 0.075% (same of VIP0 of binance) Slippage=10 ticks
Reviews and Feedback are welcome. Refer the Release notes for any updates and my posts below and in my idea page for more details. Report any issues or ideas to me, I'll fix them ! Thank you !
DISCLAIMER:
All trading involves high risk: past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact , if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.