Elite Strategy by denismwabu1
By denismwabu1
Performance Metrics
- Author: denismwabu1
- Symbol: OANDA:EURUSD
- Timeframe: 1 hour
- Net P&L: −88.39 USD (−0.88%)
- Win Rate: 32.1%
- Profit Factor: 0.847
- Max Drawdown: 122.15 USD (1.22%)
- Total Trades: 368
Description
Strategy Overview: Bmm Liberty - Strategy EliteThe Bmm Liberty - Strategy Elite is a professional-grade multi-timeframe (MTF) trend-following strategy designed for traders who prioritize high-confluence entries. By combining volatility-based signal detection with institutional trend filtering across six different timeframes, this strategy aims to capture high-probability swings while avoiding market noise.Core Logic & MethodologyThe strategy utilizes a layered approach to confirm market direction before executing a trade:Primary Signal (Supertrend Engine): The baseline entry is triggered by a direction change in a fine-tuned Supertrend (2.0, 1) calculation. This identifies immediate momentum shifts.The MTF Filter (The "Elite" Guard): To prevent "fakeouts," the strategy calculates the EMA (default 50-period) trend across six user-defined timeframes (ranging from 1m to Daily).A Long signal is only executed if the primary signal matches a user-defined minimum number of bullish MTF trends (e.g., 3 out of 6 timeframes must be bullish).A Short signal follows the same logic, requiring a majority bearish trend across the selected timeframes.Session & Directional Filters: Traders can restrict the strategy to specific trading windows (London, New York, or Custom) and choose to trade Long-only, Short-only, or both.Key FeaturesReal-Time Data Dashboard: A comprehensive HUD in the bottom-right corner displays real-time metrics, including VWAP bias, RSI (14) levels, MACD trend status, and ATR-based risk values.Multi-Timeframe Heatmap: A dedicated MTF table in the top-right provides a visual "Trend Matrix," showing exactly which timeframes are Bullish, Bearish, or Neutral.Visual Risk Management: Upon entry, the script automatically plots dashed lines and labels for Take Profit 1 (RR1), Take Profit 2 (RR2), and Stop Loss, allowing for clear trade management.JSON-Ready Alert System: Built-in support for webhook automation. It sends a formatted JSON payload containing the License ID, Action, Ticker, Risk Value, and Price—ideal for integration with automated execution bots.Key InputsRequire Multi-TF Majority: Enable this to ensure signals only fire when the broader market trend aligns.Min Bullish/Bearish TFs: Customize how many timeframes must agree before a signal is valid (e.g., set to 5/6 for extreme conservatism).Trading Session: Filter trades to specific high-volume hours to avoid "chop" during the Asian session or bank holidays.EMA Trend Length: Adjust the lookback period for the MTF trend filters.How to UseConfigure Timeframes: Set TF 1 through TF 6 to the intervals that matter most for your asset (e.g., Scalping: 1m, 3m, 5m, 15m, 1h, 4h).Define Confluence: Use the "Min counts" input to determine how much agreement you need from the broader market.Automate: Use the JSON alert toggle to connect the strategy to your preferred execution platform via webhooks.Disclaimer:Trading involves significant risk. This script is a technical analysis tool and does not guarantee profits. Past performance is not indicative of future results. Always backtest thoroughly on your specific pair and timeframe before trading live.