An automated Strategy for trading Bitcoin in 2H Timeframe
How does it work?
A Buy and Sell Strategy
Built with my strategy Ultimate Trading Bot, this Strategy creates buy and sell signals to can be used for manual or automated trading. It is pre-configured for working best with BINANCE exchange in a 2 hour timeframe.
Never miss a big move!
This strategy is using a combo of SuperTrend and ADX, which is a strong tool to catch breakouts.
Beat Holders!
Sell at the right time, and make more profits than people simply holding over time. Note: An integrated 17% stop loss will trigger a sell signal.
Backtest
I used TradingView's Strategy Tester with historical data starting from 2018-01, when the bear market started. Results are calculted using 100% equity from a 10 000$ capital and a 0.1% commission fee on each trade.
How to use
Add the indicator to your chart
In the top menu, go into the indicators list. Then click on Invite-Only Scripts and select the script "Buy & Sell - BTCUSDT:BINANCE 2H by Cyatophilum". It should then appear on your chart.
Create the Buy Alert
In the right menu, there is an Alerts tab. Click on the + button to create an alert. In the condition, select the indicator and then the "BUY" Alert. Then in the option, select "Once Per Bar Close". Make sure the Expiration time is far enough in the future. Choose how you want to receive the alert : email, phone, or other notifications.
Create the Sell Alert
Repeat all steps to create the sell alert. The only thing changing is the condition "SELL" in the Alert box.
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