3kilos BTC 15m — Strategy by deperp

By deperp

Performance Metrics

Description

Sep 7, 2023The "3kilos BTC 15m" is a comprehensive trading strategy designed to work on a 15-minute timeframe for Bitcoin (BTC) or other cryptocurrencies. This strategy combines multiple indicators, including Triple Exponential Moving Averages (TEMA), Average True Range (ATR), and Heikin-Ashi candlesticks, to generate buy and sell signals. It also incorporates risk management features like take profit and stop loss.IndicatorsTriple Exponential Moving Averages (TEMA): Three TEMA lines are used with different lengths and sources:Short TEMA (Red) based on highsLong TEMA 1 (Blue) based on lowsLong TEMA 2 (Green) based on closing pricesAverage True Range (ATR): Custom ATR calculation with EMA smoothing is used for volatility measurement.Supertrend: Calculated using ATR and a multiplier to determine the trend direction.Simple Moving Average (SMA): Applied to the short TEMA to smooth out its values.Heikin-Ashi Close: Used for additional trend confirmation.Entry & Exit ConditionsLong Entry: Triggered when the short TEMA is above both long TEMA lines, the Supertrend is bullish, the short TEMA is above its SMA, and the Heikin-Ashi close is higher than the previous close.Short Entry: Triggered when the short TEMA is below both long TEMA lines, the Supertrend is bearish, the short TEMA is below its SMA, and the Heikin-Ashi close is lower than the previous close.Take Profit and Stop Loss: Both are calculated as a percentage of the entry price, and they are set for both long and short positions.Risk ManagementTake Profit: Set at 1% above the entry price for long positions and 1% below for short positions.Stop Loss: Set at 3% below the entry price for long positions and 3% above for short positions.Commission and PyramidingCommission: A 0.07% commission is accounted for in the strategy.Pyramiding: The strategy does not allow pyramiding.NoteThis strategy is designed for educational purposes and should not be considered as financial advice. Always do your own research and consider consulting a financial advisor before engaging in trading.Oct 15, 2023Release NotesRemove HA, SMA.

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