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Squeeze Momentum Strategy SL TP v2

3 917
Improved version of my Squeeze Momentum Strategy.

Changes:

  • Possible to change source: ohlc4, hl2, hlc3, close
  • Enter your stop loss and take profit in %, NOT ticks
  • Working and robust even without take profit / stop loss
  • Yearly drawdown lower than 20%


Backtesting

Backtested on BTCPERP (FTX). It shows much better results on 1h timeframe (about 200% yearly, 55% in 2020) and relatively low drawdown to date.

  • Initial Capital: $1000
  • Capital per trade: $1000
  • Including fee: 0.075% (buy + sell) side, type "taker"


Strategy doesn't repaint.

Shortly about Squeeze Momentum Indicator:
This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11).

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To access: sign up on FTX using ref link from my signature.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.