Welcome to the BEARMARKET [30MIN]

Hello everyone,

This is my first concept of bear market movmment nearfuture
Bot is optimalised for --->>> BINANCE:BTCUSDT

The core of this bot is using ATR trend to define trend, also uses rsi value to open new swingshorts ( RSI-VWAP ) or find a perfect close place ( RSI OVERSOLD)

This bot is only short bot for 100% maximalize profit from every move down from Bitcoin
I recommend using 1-3x leverage for this bot, becouse of the high amount of wrong trades or closes with minimal profit
Sl is arount : 6% (Just for best perforrming in all backtesting time period)

So, short codintion is open by :

1) Both ADX and S_ATR only if rsi is not oversold
a) ADX Is one of the most powerful and accurate trend indicators. ADX measures how strong a trend is, and can give valuable information on whether there is a potential trading opportunity.
b) The average true range (ATR) is a technical analysis indicator, introduced by market technician J. Welles Wilder Jr. in his book New Concepts in Technical Trading Systems, that measures market volatility by decomposing the entire range of an asset price for that period

2) RSI VWAP -VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded.
rsi vwwap open new position only if there is no bullish signal from Cloud , Adx , ATR indicators

There is some market situations:

While we got huge move to the down we can make amazing proofits

When we got bearish movmment I made a conditions to not open any new shorts just waits for better situations

So that';s alll


Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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