The Q Script

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Please DM if you would like to test this code out for yourself.

This Code is best suitable for Longer TIme Frames. Generally works best for time frames above 30min. Personally, I have been using it successfully on a 3HR time frame.

Read Carefully Before Proceeding

-What this code tries to accomplish:
The code tries to enter at the most optimal price level, where the risk is minimized and potential gain is maximized.

-How is this achieved?
This is achieved through 2 important points:
1. Sequence Fulfilled - this is a specific sequence of different averages. When they are in certain position, this often leads to large/very large moves. This can be seen on top of the chart




Buy zone - Buy zone is a zone on a chart, where it is optimal to go long, after the sequence is fulfilled. It is composed of Base, Upper Bound, and Lower Bound.




Strategy:

The strategy is pretty straight forward:

Wait for the “Sequence Fulfilled” to be displayed on top of the chart. This tells you that the conditions are ripe for an entry.
Wait for the pullback into the “Buy Zone” after the “Sequence Fulfilled” if it is not already in the buy zone (If it is, you can buy right away).
When both parameters are met, a green diamond will appear under the bars with “Long” message, which tells you to go long. Many times, there are multiple long signals before the large move, giving many chances to enter.






Stop loss should be:

a. Just below the bottom band of the “Buy Zone”
or
b. Just below the recent low if recent price was below the bottom band.




The exit should be when the upper band of Keltner Channel is touched.
-Best Practice is to put your sell order just below the line, as it does not guarantee that the line will be reached, but it should get close.

-Sometimes the moves continue to go up even when reaching the Keltner upper band. There is also an option of exiting most of the trade (70-75%) and trail the remaining amount for possibility of even larger moves.





-The green background shows continuous sequence condition. It is ok to take trades when the buy zone is reached and background is green, butthe further it is away from "Sequence Fulfilled", the lower the probability of trend continuity



(Bonus)
Money Management to Profitability:
-You should not risk more than 1-2% of your capital per trade
a. For example: If your account is 10k, you should not risk more than $150-$200/trade.
b. Your risk to reward should be at least 2:1 ratio. If your risk is $150-$200, your gains should
be at least $300-$400/trade. If it's lower than that, you should not be taking
the trade.
-Why is the sizing consistency so important?
a. Suppose you buy 200 crypto A at $1, and 200 of crypto B at $10. If Crypto A goes up 100%,
you will make $200, but if Crypto B goes down only 10%, you lose $200. It only took 10%
move in Crypto B to wipe out the 100% gain in Crypto A.
b. How should it have been done?
A: -If your risk is $150-$200/trade (from previous example), If your stop in Crypto A is, for
example $0.10 cents, you should have bought 2000 coins of Crypto A (2000 x $0.10 =
$200 risk)
and
-If your risk is $150-$200/trade in Crypto B (from previous example) your stop is, for
example $1, you should only buy 200 coins (200 x $1 = $200)
-If Crypto A goes up 100%, you would have made ($2-$1)*2000 units = $2000 gain
-If Crypto B goes down 10% and you get stopped out, you will have ($10-$9)*200 = $200
loss.
-In this example, you still made $1800 even though you were correct only 50%. So,
you need to only risk small % of your capital/trade, and keep it constant, and adjust
your unit size depending on risk.
-If your account increases to $20k, your risk will now be risking $300-$400/ trade with
correct risk:reward ratio, having potential gains of $600-$800. And that's how you
grow your account .

Final Note:
-All the parts of the code are customizable in the option. All you need to do is to click the little gear that appears as you mouse over the indicator in the upper left corner.

VERY IMPORTANT
Please remember that no indicator or script can guarantee success, and its effectiveness may change according to market conditions, as past results do not indicate future performance. Always consider your risk tolerance and investment goals before trading. Always backtest your trades to ensure that your trading is profitable before trading live.