TQQQ Vibha Strategy – Auto Ranges + Rally Days by basantd
By basantd
Performance Metrics
- Author: basantd
- Symbol: COINBASE:BTCUSD
- Timeframe: 1 day
- Net P&L: +6,611.47 USD (+6.61%)
- Win Rate: 70.0%
- Profit Factor: 1.351
- Max Drawdown: 18,355.10 USD (18.05%)
- Total Trades: 10
Description
1. Buy only after an intermediate bottomA 20-day lowest low becomes the potential bottom.2. Wait 3–4 days of higher highs & higher lowshigherSeq logic enforces that.3. Avoid buying when too extended from the 200-dayEnforced with:close <= ma200 * (1 + maxExtension) (default 10%)4. Must close back above 200-dayNeeded for “change of character”5. Sell immediately if price breaks the Day-1 rally low (“line in the sand”)Script sets lineInSand = bottom lowIf price undercuts → close position immediately6. Range-top rejectionTrack touches of range top (highest high since bottom)Three failures = sell (“3 strikes rule”)