GemScope Signals ā Strategy by GemScope
By GemScope
Performance Metrics
- Author: GemScope
- Symbol: BYBIT:RAVEUSDT.P
- Timeframe: 5 minutes
- Net P&L: +57.07 USDT (+0.01%)
- Win Rate: 22.7%
- Profit Factor: 1.095
- Max Drawdown: 69.10 USDT (0.01%)
- Total Trades: 44
Description
## š GemScope Signals ā Strategy SummaryThis is an **automated trading strategy (Pine Script v5)** designed to trade market trends using a **custom GemScope oscillator**, **EMA trend filter**, **risk control**, and **multi-level take profit system**.---### š¹ Trading Modes* **Long Only*** **Short Only*** **Both Long & Short**---### š¹ Entry Logic**Long Trades*** No active long position* Entry allowed (not in cool-down after stop loss)* GemScope shows **bullish trend (bull > bear)*** If EMA filter is enabled: **price must be above EMA 200****Short Trades*** No active short position* Entry allowed* GemScope gives **bearish signal (bull < bear)**---### š¹ Exit Logic* Positions close on **opposite GemScope signals*** Short positions also close when: * EMA filter is enabled * Price moves above EMA * Trend turns bullish---### š¹ Stop Loss System* **Percentage-based stop loss** for both long and short trades* After a stop loss: * New entries are blocked * Trading resumes only after a fixed number of candles (cool-down)---### š¹ Take Profit System (Partial Exits)* Up to **three take-profit levels (TP1, TP2, TP3)*** Each TP has: * Independent price distance (%) * Independent position size to close (%)* Helps lock profits gradually while keeping runners open---### š¹ Trend & Visuals* Candles turn **green in bullish trend** and **red in bearish trend*** **EMA 200** is plotted for trend confirmation* Chart signals: * **āGā** ā Long signal * **āSā** ā Short signal---### š¹ Risk & Money Management* Uses **100% of account equity per trade*** **No pyramiding** (one trade at a time)* Built-in protection against over-trading after losses---### š¹ Overall PurposeThe strategy aims to:* Trade only in **confirmed trends*** Reduce false entries using EMA filtering* Protect capital with stop loss and cool-down* Maximize profits using **structured partial exits**