Just finished the strategy "STRATEGY R18-F-BTC" for trading on #bitcoin and other cryptocurrencies.
As any strategy on TradingView, R18 opens Long/Short positions (with no leverage) on certain price points for assets in the chart. But I intentionally make this strategy for Bitcoin . Strategy is effective with 1h chart and it has %36 winning trade ratio for #bitcoin trade. As strategy uses approximately 1/3 ratio of SL/TP levels, gross profit for 1 year backtest is above %200 (I mean above 3x for only BTC )
Strategy is built on combination of: - MACD - RSI - FIBONACCI levels - BTCUSDT price itself as indicator (for different crypto assets and BTCUSDTPERP trading. You can select different assets you like for indicator (it's BTCUSDT:Binance by default))
I fine-tuned all levels of indicators above accordingly (it has more than 10 variables that effects strategy itself).
You can find out your own strategy levels by adjusting long/short tp&sl variables as well as initial capital ratio variable. Reverse option open reverse positions of the strategy
Hust saw this indicator, think i like it, gonna change it a bit and let you know
SenatorVonShaft
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hi @kovragen3, that'll be great. looking forward :)
SenatorVonShaft
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@kovragen3, Hello again. What's the latest ? Have you changed ?
barchango
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Great post @SenatorVonShaft , have you tried to check the correlation between BTC with different currencies (ETH, LTC, SHIB, DODGE, MATIC) and the NASDAQ 100 within the same strategy with USDT?