BTCUSD with adjustable sl,tp — Strategy by muana2
By muana2
Performance Metrics
- Author: muana2
- Symbol: CRYPTO:BTCUSD
- Timeframe: 3 minutes
- Net P&L: +1,336.57 USD (+13.37%)
- Win Rate: 19.1%
- Profit Factor: 1.586
- Max Drawdown: 370.77 USD (3.56%)
- Total Trades: 157
- Sharpe Ratio: 0.575
Description
This strategy is designed for swing traders who want to enter long positions on pullbacks after a short-term trend shift, while also allowing immediate short entries when conditions favor downside movement. It combines SMA crossovers, a fixed-percentage retracement entry, and adjustable risk management parameters for optimal trade execution.Key Features:✅ Trend Confirmation with SMA CrossoverThe 10-period SMA crossing above the 25-period SMA signals a bullish trend shift.The 10-period SMA crossing below the 25-period SMA signals a bearish trend shift.Short trades are only taken if the price is below the 150 EMA, ensuring alignment with the broader trend.📉 Long Pullback Entry Using Fixed Percentage RetracementInstead of entering immediately on the SMA crossover, the strategy waits for a retracement before going long.The pullback entry is defined as a percentage retracement from the recent high, allowing for an optimized entry price.The retracement percentage is fully adjustable in the settings (default: 1%).A dynamic support level is plotted on the chart to visualize the pullback entry zone.📊 Short Entry RulesIf the SMA(10) crosses below the SMA(25) and price is below the 150 EMA, a short trade is immediately entered.Risk Management & Exit Strategy:🚀 Take Profit (TP) – Fully customizable profit target in points. (Default: 1000 points)🛑 Stop Loss (SL) – Adjustable stop loss level in points. (Default: 250 points)🔄 Break-Even (BE) – When price moves in favor by a set number of points, the stop loss is moved to break-even.📌 Extra Exit Condition for Longs:If the SMA(10) crosses below SMA(25) while the price is still below the EMA150, the strategy force-exits the long position to avoid reversals.How to Use This Strategy:Enable the strategy on your TradingView chart (recommended for stocks, forex, or indices).Customize the settings – Adjust TP, SL, BE, and pullback percentage for your risk tolerance.Observe the plotted retracement levels – When the price touches and bounces off the level, a long trade is triggered.Let the strategy manage the trade – Break-even protection and take-profit logic will automatically execute.Ideal Market Conditions:✅ Trending Markets – The strategy works best when price follows strong trends.✅ Stocks, Indices, or Forex – Can be applied across multiple asset classes.✅ Medium-Term Holding Period – Suitable for swing trades lasting days to weeks.