A very powerful strategy with great results that combine a multitude of indicators like Anchored Momentum, Stochastic Momentum Index, Bollinger Bands, Stochastic RSI, a formation of 3 trend indicators that forms a cloud , combinations of EMAs and a lot of condition to met for entries, TP, SL ....
Statistics for March 2019: *320 long signals for all Binances coins paired with BTC *208 (65%) winning trades *108 (33.75%) losing trades *4 (1.25%) trades still active *total profit - 486% *compound profit - 8750%
Time frame recommended: 4h
Conditions for Long entries:
AMOM in bullish cross/side SMI in bullisih cross/side Price above BB middle line SRSI below 50 and heading upward 3x trend cloud must be green/bullish and the price needs to be above the cloud Price must to be above EMA 400 EMA 100 must to go in an upward direction The candle must not exceed 10% in height
(all values are preset)
SL line is calculated based on previous structure low (lowest low) from 10 candles in the past(the value can be changed) TP line is calculated at 1:1 ratio, so at the same distance like SL is from signal, but mirrored
The background is changing when it enters in bull or bear side Candles are colored for entries for a better view Alerts are added for entries, TP and SL Max candle high can be adjusted, according to the market (lower value for a market with low volatility and vice versa) TP and SL lines calculation(previous structure low) can be adjusted, according to market conditions
(all values are preset, the strategy is ready to go)
Don't go blind with any indicator, do your research before involving real money
Added Squeeze Momentum to the list of conditions (on top of the charts are lime up arrows for when the squeeze is above 0 and is pointing upward and red down arrows when the squeeze is below 0 and pointing downward)
Added another alert for exit (a single alert for SL and TP)