Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
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Introducing “Trend King”.
The alpha generating strategy built for Crypto.
“Trend King” combines 4 proprietary indicators. It buys and sells based on:
Short-term momentum
Long-term momentum
Volume compression
Volatility breakouts
The strategy was built on 2 years of BitMEX data (XBTUSD) and backtested on 9 years of Bitcoin data (BLX). Finally, the strategy was validated on multiple large market cap cryptocurrencies, including Ethereum (ETHUSD), without parameter adjustment.
Strategy backtesting checks include:
Used 0.12% fees. 60% more than the actual BitMex/Binance fees of 0.075%.
No Heikin-Ashi Candles (to avoid fake results)
No Stop-losses (to avoid fake order execution)
Market Orders Only (to avoid fake order execution)
The results speak for them self.
See the positive excess return from the “Trend King” strategy returns versus a simple Bitcoin “Buy-and-Hold” strategy. Best functionality on the Daily and 4HR timeframes.
**For Access: Contact me on TradingView or Twitter.
Notes de version
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Tweak to visuals.
Notes de version
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Update v1.1
First batch of upgrades to Trend King: - Added EMA / SMA option for Major Trend Line. By default EMA performs better. - Updated Volatility Length default to 40 days, in line with Major Trend Line EMA default change. - Added Major Trend Line to chart (optional).
Note for current users: - This upgrade does not result in any different Bitcoin trade recommendations since Version 1 release. - This upgrade (and default settings) maintains current performance on Bitcoin and results in significantly better performance on other cryptocurrencies (eg. ETHUSD, LTCUSD, XMRUSD and DASHUSD)
Notes de version
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Trend King V2 - Major Upgrade.
Includes everything from Version 1 - The premium Crypto Technical Analysis Indicator - and adds Fundamental Analysis for additional return and reduced draw-downs.
Additional features include:
Hash-Rate Bottom Fishing - The Hash Ribbon Indicator and more
BitMEX Sniper Mode - For the Hard core trader seeking additional returns
Anyone coming across this script, I genuinely recommend checking it out. Something tells me this script and the general ideas coming out of Charles aren't going to be easy to get access to for very long. Most of the forward thinking analysts in the crypto space are hidden away from the retail trader. Charles' fresh ways of looking at the market married to his technical know how and dedication to making sure this strategy is a winner for the TK subscribers is truly commendable. I cannot speak highly enough of Charles and Trend King.