Quad Confluence Reversal v16 by Funded Relay — Strategy by FundedRelay
By FundedRelay
Performance Metrics
- Author: FundedRelay
- Symbol: BINANCE:BTCUSDT
- Timeframe: 15 minutes
- Net P&L: +18,794.98 USDT (+1.88%)
- Win Rate: 21.6%
- Profit Factor: 1.084
- Max Drawdown: 61,595.05 USDT (5.96%)
- Total Trades: 125
Description
**I want to clarify that this is a much-improved version. That doesn't mean the others are any better, but rather that I've added more features, such as tracking the number of days you've been losing and gaining, among other things that I'm constantly improving. My scripts now include their respective track records and are fully functional.# Quad Confluence Reversal v16 – User Guide **Strategy by Funded Relay** High-probability reversal strategy with 4 confluences + Daily Session Separation Pine Script v6 – TradingView## 1. How to Install1. Open TradingView → Pine Editor2. Delete existing code3. Copy & paste the full v16 script4. Click “Add to Chart”5. You will see: - Green/red triangles for LONG/SHORT signals - Fast & Slow EMA lines - Fixed dashboard in top-right corner (visible always, updates on last bar)## 2. Recommended Pairs & Timeframes| Category | Symbols | Best Timeframes | Style | Expected Trades/Day ||--------------|----------------------------------|---------------------|----------------|---------------------|| Crypto | BTCUSDT, ETHUSDT, SOLUSDT | 5m – 15m – 1h | Intraday/Scalp | 3–15 || Forex Majors | EURUSD, GBPUSD, USDJPY | 5m – 15m – 30m | Intraday | 4–12 || Indices | US30, NAS100, SPX500 | 15m – 1h | Day/Swing | 2–8 |**Sweet spot to start:** 15-minute on BTCUSDT or EURUSD## 3. New in v16: Daily Session SeparationThe strategy now treats each calendar day as an independent trading session:- **Automatic daily reset** at the first bar of a new day (detected via `ta.change(time("D"))`)- **Daily stats tracked & displayed** in the dashboard: - Trades Today - Net PnL Today (in points) - Win Rate Today (%)- All counters reset to 0 at the start of each new day- Optional **End-of-Day (EOD) close**: closes all open positions at the end of the day (toggle in inputs: "Close All Positions at End of Day")This is perfect for day traders who want to avoid overnight risk and analyze performance per day.## 4. How to Use the Dashboard (Top-Right – Always Visible)| Row | Meaning | How to Read / Use ||------------------|------------------------------------------|------------------------------------------------|| Confluencias | Active confluences / min required | Wait for ≥3 (or 4) + direction (↑/↓) || Trend Strength | ADX-based + EMA direction | Prefer reversals in weak/moderate trends || ADX | Numeric value | >25 = trending (avoid strong trends) || Volume | Low / Medium ⚡ / High 🔥 | Prioritize High 🔥 signals || Momentum | RSI state + value | Look for extremes + divergence || HTF Filter | Higher TF EMA 200 alignment | Keep enabled for better probability || **Día Actual** | **New: Daily stats** | Trades: X | PnL: Y | Win%: Z% – track daily performance live |## 5. Trading Rules – Quick Summary**LONG Entry**- Green triangle- Confluences ≥ Minimum (default 3)- Dashboard shows good volume/momentum + ↑ direction- HTF filter Bull ✅ (if enabled)**SHORT Entry**- Red triangle- Same conditions but ↓ direction + Bear ✅**Risk Management**- SL: ATR × multiplier (base 1.8×, conservative 2.5×)- TP: ATR × multiplier (base 3.0×, conservative 3.9×)- Conservative Mode: Wider SL + higher TP target (toggle in inputs)- Position size: 1–2% risk per trade recommended**New: End-of-Day Close**- Enable "Close All Positions at End of Day" if you want zero overnight exposure- Positions auto-close on the first bar of the next day## 6. Alerts Setup (with Daily Info)1. Right-click chart → Add Alert2. Condition: "Quad Confluence Reversal v16 by Blak Trader" → "alert() function calls only"3. Create **two separate alerts** (recommended): - One for LONG signals - One for SHORT signals4. Enable **"Play sound"** and choose different sounds (e.g., Bell for LONG, Ping for SHORT)5. Message includes: - Day date - Confluences count - Entry price - Calculated SL & TP levelsExample alert message:"Quad v16 LONG | Day: 2026-03-18 | Confs: 4 | Price: 68250.5 | SL: 67980 | TP: 68950"## 7. Best Practices & Tips- Use on volatile sessions (London/NY overlap for forex, 24/7 for crypto)- Avoid high-impact news unless you want to filter manually- Backtest 200–500 trades per pair/timeframe- Monitor daily stats in dashboard to evaluate consistency- Start small (demo or micro lots) until confidentGood luck and consistent profits! Version v16 – March 2026