HTF Candle Direction Strategy V1 by dbkumar2026
By dbkumar2026
Performance Metrics
- Author: dbkumar2026
- Symbol: DELTAIN:BTCUSD.P
- Timeframe: 1 hour
- Net P&L: +634,617.00 USD (+6,343.59%)
- Win Rate: 91.5%
- Profit Factor: 108.182
- Max Drawdown: 4,614.50 USD (6.23%)
- Total Trades: 224
Description
🔹 TitleHTF Candle Direction Strategy V1🔹 Short DescriptionHigher Timeframe (HTF) bias-based strategy with optional EMA & volume filters and controlled daily execution.🔹 Full Description📌 OverviewHTF Candle Direction Strategy V1 is a simple yet powerful trend-following strategy that trades in the direction of a selected Higher Timeframe (HTF) candle.The core idea is straightforward:If the HTF candle is bullish → look for BUY tradesIf the HTF candle is bearish → look for SELL tradesThis helps traders align with the broader market trend while executing trades on lower timeframes.⚙️ How It WorksThe script fetches HTF Open and Close pricesDetermines directional bias:Bullish Bias → HTF Close > HTF OpenBearish Bias → HTF Close < HTF OpenTrades are executed only when:Signals are enabledSelected direction (Buy/Sell) is enabledFilters (if enabled) are satisfiedOnly one trade per day is allowed🔍 Features✅ Higher Timeframe Bias TradingTrade in alignment with HTF trendWorks on any timeframe combination✅ Lookahead Mode (Backtesting vs Real Trading)ON → Faster signals but repaintsOFF → Realistic, non-repainting behavior✅ EMA Filter (Optional)Confirms trend using EMABuy only above EMASell only below EMA✅ Volume Filter (Optional)Trades only when volume is strongHelps avoid weak market conditions✅ One Trade Per Day LogicPrevents overtradingKeeps strategy disciplined✅ Built-in AlertsBUY & SELL alerts includedReady for automation✅ Live DashboardDisplays:HTF BiasLookahead statusEMA filter statusVolume filter status📊 Dashboard InformationThe dashboard (top-right) provides real-time status:HTF Bias → Current market directionLookahead → ON (Repainting) / OFF (Safe)EMA Filter → Enabled / DisabledVolume Filter → Enabled / Disabled⚠️ Important NotesLookahead ON = RepaintingUse only for backtesting or analysisFor real trading, always use:👉 Lookahead OFFStrategy takes only one trade per day, so performance depends on HTF accuracy🎯 Best Use CasesIntraday trading with HTF confirmationTrend-following strategiesIndex, Forex, Crypto marketsScalping with higher timeframe bias💡 Recommended SettingsHTF: 4H / DailyEMA: 50 or 200Lookahead: OFF (for live trading)Volume Filter: Optional🔔 AlertsBUY Signal → HTF Bullish + filters satisfiedSELL Signal → HTF Bearish + filters satisfied🚀 Final NotesThis strategy is designed for simplicity, clarity, and disciplined execution.It avoids overtrading and focuses on high-probability directional setups.⚠️ DisclaimerThis script is provided for educational and informational purposes only and should not be considered financial advice.Trading in financial markets involves significant risk, and you may lose all or part of your capital. Past performance of this strategy does not guarantee future results.This strategy uses higher timeframe data and optional lookahead logic. When lookahead is enabled, signals may repaint, meaning results shown on historical data may differ from real-time performance.Users are strongly advised to:Test the strategy on demo accounts before using real capitalUse proper risk managementUnderstand how the strategy works before tradingThe author is not responsible for any financial losses or damages resulting from the use of this script.