It takes a Long trade when line crossup Signal line, when both below Zero line, and Close price above 200 .
It takes a Short trade when line crossdown Signal line, when both above Zero line, and Close price below 200
It seems to have decent results with 1:1.5 Risk/Reward, with 30min TF (on cryptocurrency market)
It has a number of 1 per day on average.
You can have both Long and Short, or disable one.
Stoploss is based on last swing (high or low). You can adjust the lookback period of the swing.
For now, there is 2 possibilities for TP :
Using adjustable Risk/Reward ratio (Trailing Stoploss need to be at 0)
Using adjustable Trailing Stoploss percentage (RR Ratio need to be at 0)
Results below are with this parameters :
- Stoploss now works as intended : Stoploss with Higher Highs (Short) or Lower Lows (Long) as higher priority than Trailing stop.
- Update Stoploss plots
- Add groups in Parameters
- Add options to have Last swing price or Average position price as Trailing start
- Not possible to have both RR and Trailing Stop anymore