INVITE-ONLY SCRIPT

Squeeze Momentum Strategy SL TP v2

4 052
Improved version of my Squeeze Momentum Strategy.

Changes:

  • Possible to change source: ohlc4, hl2, hlc3, close
  • Enter your stop loss and take profit in %, NOT ticks
  • Working and robust even without take profit / stop loss
  • Yearly drawdown lower than 20%


Backtesting

Backtested on BTCPERP (FTX). It shows much better results on 1h timeframe (about 200% yearly, 55% in 2020) and relatively low drawdown to date.

  • Initial Capital: $1000
  • Capital per trade: $1000
  • Including fee: 0.075% (buy + sell) side, type "taker"


Strategy doesn't repaint.

Shortly about Squeeze Momentum Indicator:
This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11).

----------

To access: sign up on FTX using ref link from my signature.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.