x001tk

Simple BTC trading strategy based on yesterday's trading range

Once market opens, the strategy calculates the price to send a stop buy order
The order is calculated as the sum of yesterday's range multiplied by a special number and today's open price

System has no stops yet

System closes the position on session close

The performance is quite good


Feel free to use it and trade it


Good luck and good trading
Remove from Favorite Scripts Add to Favorite Scripts
Another helpful tips
If you relative with "Trading day of week" concept, you should know the market has its bad days and good days.
So I've made some research and figured that my system also not an exemption and each trading instrument also has its bad days.
So, you can increase your performance if you will NOT go LONG

1. ADA on Thursdays and Fridays
2. ETH on Thursdays
3. TRX on Fridays
4. XRP on Mondays

These days above instruments show bad results continuously, so its better to avoid stay away of the market

Good luck and good trading
Reply
I think it will be useful for you:
The factor numbers for different coins:

ADA c>c1 = 0.6
ADA c<c1 = 0.4

BTC c>c1 = 0.6
BTC c<c1 = 1.8

EOS c>c1 = 1
EOS c<c1 = 0.3

ETH c>c1 = 0.7
ETH c<c1 = 0.6

LTC c>c1 = 0.6
LTC c<c1 = 0.5

TRX c>c1 = 0.4
TRX c<c1 = 0.7

XRP c>c1 = 0.3
XRP c<c1 = 1
Reply
interesting
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out