This strategy is based on the gaps theory. In this case we have the BTC futures from CME, which acts in a way similar to stocks, and we can have gaps present between close/open session, and also sometimes between same candle due to huge movements intra candle. At the same time I have combined this with a daily moving average, to help out a bit with the trend,...
There is a wide range of opinion on holding positions overnight due to gap risk. So, out of curiosity, I coded this analysis as a strategy to see what the result of only holding a position overnight on an asset would be. The results really surprised me. The script backtests 10+ years, and here are the findings: Holding a position for 1 hour bar overnight on...
Crude Oil Indicator is giving two signal Bullish and Bearish . Bullish signal is used to take long trade and Bearish signal is used to close existing long trade and take new short trade and so on. To get More signal of Bullish and Bearish user must enable More Signals check box that will check crossover and cross down of price close with Gaps. I am using 2 ATR...
Trend Following Indicator is for following trend and being in trend till trend is not changed. Each Bullish and Bearish signal you can add one more future or option lot and be in trade till bearish signal is not coming. You can close Long trade i.e. Bullish pyramiding trade when you see there is small red arrows are there and similarly when you are in Short...