TradeSense is a Renko brick breakout trading system for short-term or intraday trade. It is also a trend following strategy using a confluence of multiple MA's to spot the underlying trend. Exit and Stop Loss is based on dynamic ATR to predict possible target based on ticker's real time volatility.
So far this has been back-tested on major cyrptos, and the same concept is applicable to other asset types. It is more suitable for lower timeframes (such as the 30m, 15m, and 5m) though you may try adjusting the parameters for higher timeframes.
this is awesome thank you i changed it to 4hr and works great thank you very much
kkhaial
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How is your Tradesense breakout strategy going so far ? @TradeSenseTV
TradeSenseTV
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Watch trade opened with Tradesense on BTCUSD 1-Hourly
Joo_Nim
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i want auto trading
plz, update study virsion and add alertcondition
TradeSenseTV
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@Joo_Nim, will put in next milestone. Keep an eye out
Joo_Nim
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@TradeSenseTV, im wait your update study version script
kkhaial
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@TradeSenseTV, Looking forward to the study also really appreciate your work on this thank you
Cryptomonger1
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The strategy seem to work on higher timeframe as well, Here's what i have on H1 BTCUSD chart:
Entry : 30% ATR-3 Daily timeframe
Risk : 5 - 15
ATR: 10-WMA
SL/TP Coef: 3/3 (RR ratio 1)
Generate less trades but 80% profitable, not bad at all!