OPEN-SOURCE SCRIPT

PSAR BBPT ZLSMA BTC 1min

18 130
Long entry:

PSAR gives buy signal
BBPT prints green histogram
ZLSMA is below the price
ZLSMA has uptrend
SL is smaller than the max SL
Optional Sessions and EMA filters

Short entry

PSAR gives sell signal
BBPT prints red histogram
ZLSMA is above the price
ZLSMA has downtrend
SL is smaller than the max SL
Optional Sessions and EMA filters

SL:

Placed below ZLSMA + offset on long
Placed above ZLSMA + offset on short

TP1:
1x the SL by default
Takes no profit by default, 50% is also a good setting

TP2:
2x the SL by default
Take out all remaining position size.

If price reaches TP1, the SL is set to the entry price.

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