Patrick Nill Strategy [PickMyTrade] by PickMyTrade_Official
By PickMyTrade_Official
Performance Metrics
- Author: PickMyTrade_Official
- Symbol: BINANCE:BTCUSD
- Timeframe: 15 minutes
- Net P&L: +13,432.93 USD (+13.43%)
- Win Rate: 80.5%
- Profit Factor: 3.206
- Max Drawdown: 1,790.45 USD (1.67%)
- Total Trades: 87
Description
Patrick Nill Strategy [PickMyTrade] – Inspired by Patrick Nill (2x Robbins Cup Champion)For educational and informational purposes only. Not financial advice.This strategy is inspired by the Auction Market Theory (AMT) principles associated with Patrick Nill during his World Trading Championship campaigns. It is not an official replication of his personal methods, but rather a rule-based educational interpretation for automated strategy testing on TradingView.BACKTEST RESULTS — BTCUSD 15m (Aug 2025 – Mar 2026)Net Profit: +$13,434 (+13.43%)Total Trades: 87 (31 Long · 56 Short)Win Rate: 80.46% (70W / 17L)Profit Factor: 3.206Sharpe Ratio: 1.122Max Drawdown: 1.79%CAGR: 21.44%Strategy vs Buy & Hold: +$41,631 outperformance (B&H was -28.2%)Long Win Rate: 77.42% · Short Win Rate: 82.14%METHODOLOGYThis script identifies high-probability entries by analyzing price location relative to the Value Area, VWAP, and session-based Opening Range levels. It operates on the principle that price rotates around fair value — when price deviates, it either continues (initiative) or reverts (responsive).THREE ENTRY MODELSBreakout Continuation (BO) — EMA crossover with VWAP proximity and RSI momentum confirmation.Failed Auction (FA) — Price pushes beyond Value Area extremes but fails to sustain, reversing with strong candle confirmation.Opening Range Breakout (OR) — Breakout of the first 6 bars with full trend alignment.CONFLUENCE FILTER STACKAll entries require:Trend direction (EMA 9/21/50 slope + ADX ≥ 18)HTF trend filter ON (4H EMA 50)VWAP distance within 3.0×ATRRSI exhaustion (≤ 40 for long, ≥ 60 for short)Candle body ≥ 0.25×ATRVolume filter: OFF · Session filter: OFF (24/7 BTC)Max 20 trades/day · Cooldown 5 barsRISK MANAGEMENTStop Loss: 2.0×ATRTake Profit: 3.0×ATR → R:R = 1:1.5Trailing Stop: trigger at 0.5×ATR profit, trail by 0.2×ATRVolatility scaling: stops and targets widen 30% when ATR/close > 1%Position size: 1 contract per trade · No pyramidingINDICATOR SETTINGS (exact)ParameterValueEMA Fast / Slow / Trend9 / 21 / 50Slope Lookback5 barsMin Slope Strength0.3VP Lookback15 barsValue Area StdDev0.70×ADX Length / Min14 / 18RSI Length14RSI Long ≤ / Short ≥40 / 60Max VWAP Distance3.0×ATROpening Range Bars6ATR Length14HTF Timeframe / EMA240 / 50RECOMMENDED CONFIGURATIONSCrypto (BTCUSD, ETHUSD): Both directions · Session OFF (24/7 market) · HTF ONMetals (XAUUSD, XAGUSD): Both directions · Session ON (8–20 UTC) · HTF ONForex (EURUSD etc.): Both directions · Session ON (8–20 UTC)Stocks: Long only · HTF ONFutures: Both directions · Adjust position sizing accordinglyRECOMMENDED TIMEFRAMES15m (optimized & backtested), 1H, 4HSTRATEGY PROPERTIESInitial Capital: $100,000Commission: 0.04% per tradeSlippage: 1 tickOrder execution: next bar open no lookahead biasPyramiding: 0IMPORTANT NOTESThis script is provided strictly for educational and informational purposes.It is inspired by publicly known trading concepts it is not a copy of any individual's proprietary system.Past performance does not guarantee future results.Always backtest and paper trade thoroughly on your target instrument before any live use.Commission and slippage are set to realistic levels to avoid overfitting.RISK WARNINGTrading financial instruments involves substantial risk of loss and is not suitable for all investors. Never risk more than you can afford to lose. Paper trade first. The authors of this script are not responsible for any trading losses incurred from its use.DISCLAIMERThis script is not financial advice. It is an educational tool inspired by publicly available trading concepts. PickMyTrade does not guarantee any results. Use at your own risk.