Ghe strategy includes alert_message parameters in the strategy.e by ozerh07
By ozerh07
Performance Metrics
- Author: ozerh07
- Symbol: BIST:SISE
- Timeframe: 1 month
- Net P&L: +4,316.69 TRY (+392.49%)
- Win Rate: 75.0%
- Profit Factor: 56.344
- Max Drawdown: 105.30 TRY (10.53%)
- Total Trades: 8
Description
Advanced Trend & Momentum Trading Bot DocumentationThis Pine Script V5 strategy is designed as an automated trading bot that combines trend-following indicators with momentum filters and a multi-stage exit logic.1. Technical Indicators & ComponentsA. SuperTrendPurpose: Identifies the immediate market direction and volatility-based support/resistance levels.Parameters: Defaults to a 10-period ATR with a 3.0 multiplier.B. Exponential Moving Averages (EMA)EMA 200 (Long-Term): Serves as a major trend filter. Long positions are only initiated when the price is above this line to ensure we are trading with the primary trend.EMA 34 (Medium-Term): Used as the primary entry trigger and the first stage of the trailing exit logic.EMA 55 (Support): Acts as the final "safety net." If the price breaks below this level, the bot concludes the trend has reversed and exits the entire position.C. Relative Strength Index (RSI)Purpose: Momentum confirmation.Logic: Prevents the bot from buying when the market is extremely oversold or lacking upward momentum (checks if RSI > 30).2. Trading LogicEntry Condition (BUY)The bot enters a LONG position when all the following criteria are met:Crossover: The price crosses above the EMA 34.Trend Filter: Current price is above the EMA 200.Momentum Filter: RSI is above the 30 level.Exit Strategy (SELL)The bot uses a unique two-stage exit process to lock in profits while allowing the trend to breathe:Partial Exit (50% SELL): - Triggered when the price crosses under the EMA 34.This allows the bot to take partial profits or reduce risk during a minor pullback.Full Exit (100% SELL): - Triggered if the price crosses under the EMA 55.Also triggered if the SuperTrend flips to a "Sell" direction while the price is below the EMA 200.3. Automation & Bot IntegrationThe strategy includes alert_message parameters in the strategy.entry and strategy.close functions. These are populated by JSON strings defined in the input settings, allowing for seamless integration with:Webhook-based bots (e.g., 3Commas, Gritbot, WunderTrading).Direct exchange connectivity via third-party bridges.4. Visual ElementsBlue Line: EMA 34 (Entry/Partial Exit line).Orange Line: EMA 55 (Final Exit line).Gray Line: EMA 200 (Main Trend line).Shapes: "AL" (Buy), "%50 SAT" (Partial Sell), and "HEPSİNİ SAT" (Full Sell) labels for clear visual backtesting.Background Color: Green tint indicates an active long position.