Crypto H4 Multi-TF Reversal & Momentum Robot [AlgoChadLin]

The Crypto H4 Multi-TF Reversal & Momentum Robot is a sophisticated, multi-faceted trading system designed for the H4 timeframe. This robot uniquely combines multi-timeframe analysis with candlestick patterns and volatility indicators to identify and capitalize on major market reversals and momentum shifts. Its core strength lies in its ability to pinpoint significant turning points while ensuring trades are only entered in the direction of confirmed movement.

Strategy Logic

Multi-Timeframe Entry Logic: The strategy's primary entry signals are generated by identifying when the current price hits the previous month's high or low. This provides a robust, higher-timeframe confirmation of major support and resistance levels, filtering out noise from the H4 chart.

Momentum-Based Entry: To avoid false reversals, the robot executes trades with a stop-order entry mechanism. The long entry is placed above the Bollinger Bands upper band, while the short entry is placed below the lower band. This ensures trades are only triggered when price action confirms the reversal with a burst of momentum.

Dynamic Risk Management: Positions are managed with both a dynamic stop-loss and a fixed take-profit. A TEMA (Triple Exponential Moving Average) acts as a dynamic stop-loss, trailing the price to protect against sudden reversals.

Pattern-Based Exits: The strategy incorporates classic candlestick patterns like the Bullish Piercing and Dark Cloud Cover for early, signal-based exits. This helps to lock in profits or mitigate losses when a reversal of the current trend is detected. A time-based stop also prevents trades from stagnating for too long.

Parameters

• Bollinger Bands Period: Defines the lookback period for the Bollinger Bands, which helps to define the stop-order entry price.
  
• TEMA Period: Sets the period for the Triple Exponential Moving Average, which acts as the dynamic stop-loss.
  
• Profit Target: A fixed value in points that determines the take-profit level.
  
• Entry Price Multiplier: Adjusts the distance of the stop-order from the Bollinger Bands.
  
• Exit After Bars: Specifies the maximum duration a trade can be open before being automatically closed.
  

Setup

• Timeframe: 4-Hour (H4)
  
• Asset: While optimized for Bitcoin, this strategy's logic is applicable to other volatile cryptocurrencies like ETH and BNB. We encourage you to backtest it on these assets to find the best settings for your trading.