The Scalp strategy is designed to generate a large number of potential buy signals and make small profits on each trade. It is recommended to have at least 60 parallel trades at any given time to cover unavoidable losses. The strategy focuses on selling based on return on investment (ROI).
The minimal return on investment (ROI) for this strategy is set to 0.01.
The stop loss is set at -0.04, meaning that if the trade incurs a loss of more than 4%, it will be sold.
The strategy uses a ticker interval of 1 minute for optimal performance. The strategy relies on several indicators to make trading decisions. These indicators include exponential moving averages (EMA) calculated for high, close, and low prices, stochastic fast oscillators (fastk and fastd), and the average directional index (ADX). Bollinger Bands are also used for graphing purposes. The buy signal is generated when the following conditions are met: The opening price is below the EMA low. The ADX is above 30. Both the fastk and fastd are below 30, and the fastk crosses above the fastd. The sell signal is generated when either of the following conditions is met: The opening price is equal to or above the EMA high. The fastk or fastd crosses above 70. By backtesting this strategy on historical data, you can evaluate its performance and determine its effectiveness in generating small profits on a large number of trades.
The minimal return on investment (ROI) for this strategy is set to 0.01.
The stop loss is set at -0.04, meaning that if the trade incurs a loss of more than 4%, it will be sold.
The strategy uses a ticker interval of 1 minute for optimal performance. The strategy relies on several indicators to make trading decisions. These indicators include exponential moving averages (EMA) calculated for high, close, and low prices, stochastic fast oscillators (fastk and fastd), and the average directional index (ADX). Bollinger Bands are also used for graphing purposes. The buy signal is generated when the following conditions are met: The opening price is below the EMA low. The ADX is above 30. Both the fastk and fastd are below 30, and the fastk crosses above the fastd. The sell signal is generated when either of the following conditions is met: The opening price is equal to or above the EMA high. The fastk or fastd crosses above 70. By backtesting this strategy on historical data, you can evaluate its performance and determine its effectiveness in generating small profits on a large number of trades.
stoploss: -0.04 timeframe: 1m hash(sha256): 7ea2e74651e7038c08cadd285021febcc2f1af914f399650079f5b927d0ca64f indicators: upper ema_close adx lower mid ema_high close bb_middleband bb_upperband bb_lowerband open ema_low fastd fastk
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last change: 2024-04-28 04:18:12