Trend Catcher Strategy XBT/USD

2020년 5월 11일

Hey there trading crew! Today I would like to introduce you to a project of mine I have dubbed the "Trend Catcher"

"What does it do?" you may be asking, well, the answer is simple...

It catches trends!

A little backstory to this project...I have been spending the last 2 years playing around with trading bots of various kinds. I was less than satisfied with the results of most of them, so I set out to design a strategy that was consistent and profitable through most market conditions and cycles. After testing several ideas, I decided to focus on a trend-based trading system; the trend is your friend, after all.

The concept here is simple, this strategy determines trends in the market and enters trades once a trend has been confirmed. It will hold the position until the trend has flipped (from Bullish to Bearish, or vise versa), and then enter a position in the direction of the new trend. This feature allows the strategy to take full advantage of large moves in the market, even over long periods of time. While this strategy performs best in trending markets, it can also perform well in ranging markets, often finding great entry points before big breakouts.

The Trend Catcher can help you find great entry points for buying BTC on spot, selling before a big drop, or you can harness its full potential with margin trading XBT on BitMEX, ByBit, Binance, or any exchange offering leveraged trading. This will allow you to take both Long and Short positions so you can profit no matter the trend direction!

It also has the added benefit of never repainting. Once a signal is printed, it stays there, period. The signal is generated by a set criteria that doesn't change based on how the candle closes or changes in any way. We do however generally advise waiting to enter a position until after the candle closes, as this can help confirm the accuracy of a signal.

The Trend Catcher Strategy is an algorithmic trading strategy, meaning that its conditions for entering a position are set and cannot be modified. This means that while many trades will be winners, you will also have many losing trades, and that can bother some people. The idea behind algorithm trading, and the Trend Catcher, is that your wins must outweigh your losses. We achieve this by cutting our losing trades as soon as the trend shifts and is confirmed, but we allow our winners to run with unlimited upside potential. While our Win/Loss rate is about even (52%/48%), our profit factor is over 5. This has led to some truly amazing trades, many over the 100% mark!

This strategy can be traded multiple ways, the simplest being signal to signal. You can however utilize it to find great entry points and feel free to take profit at targets of your choosing. You can also incorporate a trailing stop loss to catch the big moves and lock in profit! And at an average of only 1-2 trades per month, you don't need to be glued to your charts 24/7. I am working to incorporate an alert feature that you can use to enter trades manually, or connect to any trading bot that utilizes TradingView Alerts.

This particular script is for BTC only, using the Daily chart. Use it with caution on lower time frames, best if used with other indicators.

I am currently working on optimizing this strategy for many other trading pairs, including several alt-coins. I will post updates and edits as they occur. I am constantly exploring and testing new ways to increase signal accuracy and profitability.

Feel free to leave comments or ask questions, and leave me a "Like" if you found this post interesting!

Take Care

-Crush