Advanced Trend Strategy [BITsPIP]

12 Apr

The BITsPIP team is super excited to share our latest trading gem with you all. We're all about diving deep and ensuring our strategies can stand the test of time. So, we invite you to join us in exploring the awesome potential of this new strategy and really put it through its pace with some deep backtesting. This isn't just another strategy; it boasts a profit factor hovering around 1.5 across over 1000 trades, which is quite an achievement. Consider integrating it with your trading bots to further enhance your trading efficiency and profit generation. Curious? Ask for trial access or drop by our website for more details.

I. Deep Backtesting

We're all in on transparency and solid results, which is why we didn't stop at 100... or even 500 trades. We went over 1000, making sure this strategy is as robust as they come. No flimsy forecasts or sneaky repainting here. Just good, solid strategy that's ready for the real deal. Curious about the details? Check out our detailed backtesting screenshot for the BTCUSDT in a 5-minute timeframe. It's all about giving you the clear picture.

#No Overfitting
#No Repainting
Backtesting Screenshot

II. Algorithmic Trading

Thinking of trading as a manual game? Think again! Manual trading is a bit like rolling the dice - fun, but kind of risky if you're aiming for consistent wins. Instead, why not lean into the future with algorithmic trading? It's all about trusting the market's rhythm over the long term. By integrating your strategy with a trading bot, you can enjoy peace of mind, rest easy, and keep those emotional trades at bay.

III) Applications

Dive into the Advanced Trend Strategy, your versatile tool for navigating the market's waters. This strategy shines in under an hour timeframes, offering adaptability across stocks, commodities, forex, and cryptocurrencies. Initially fine-tuned for low-volatility cryptos like BTCUSDT, its default settings are a solid starting point.
But here's where your expertise comes into play. Each market beats to its own drum, necessitating nuanced adjustments to stop loss and take profit settings. This customization is key to maximizing the strategy's effectiveness in your chosen arena.

IV) Strategy's Logic

The Advanced Trend Strategy is a powerhouse, blending the precision of Hull Suite, RSI, and our unique trend detector technique. At its core, it’s designed for savvy risk management, aiming to lock in substantial profits while steering clear of minor market ripples. It utilizes stop-loss and take-profit thresholds to form a profit channel, providing a safety net for each trade. This is a trend-following strategy at heart, where these profit channels play a critical role in maximizing returns by securing positions within these "warranty channels."

1. Trend-Following

The market's complexity, influenced by countless factors, makes small movements seem almost chaotic. Yet, the principle of #Trend-Following shines in less volatile markets in long term. The strategy excels by pinpointing the ideal moments to enter the market, coupled with refined risk management to secure profits. It’s tailored for you, the individual trader, enabling you to ride the waves of market trends upwards or downwards.

2. Risk Management

A key facet of the strategy is its emphasis on pragmatic risk management. Traders are empowered to establish practical stop-loss and take-profit levels, tailoring these crucial parameters to the specific market they are engaging in. This customization is instrumental in optimizing long-term profitability, ensuring that the strategy adapts fluidly to the unique characteristics and volatility patterns of different trading environments.

V) Strategy's Input Settings and Default Values

1. Alerts

The strategy comes equipped with a flexible alert system designed to keep you informed and ready to act. Within the settings, you’ll find options to configure order/exit and comment/alert messages to your preference. This feature is particularly useful for staying on top of the strategy’s activities without constant manual oversight.

2. Hull Suite

i. Hull Suite Length: Designed for capturing long-term trends, the Hull Suite Length is configured at 1000. Functioning comparably to moving averages, the Hull Suite features upper and lower bands. Currently, it is set to 1000.

ii. Length Multiplier: It's advisable to maintain a minimal value for the Length Multiplier, prioritizing the optimization of the Hull Suite Length. Presently, it is set to 1.

3. RSI Indicator

i. The RSI is a widely recognized tool in trading. Adapt the oversold and overbought thresholds to better match the specifics of your market for optimal results.

4. StopLoss and TakeProfit

i. StopLoss and TakeProfit Settings: Two distinct approaches are available. Semi-Automatic StopLoss/TakeProfit Setting and Manual StopLoss/TakeProfit Setting. The Semi-Automatic mode streamlines the process by allowing you to input values for a 5-minute timeframe, subsequently auto-adjusting these values across various timeframes, both lower and higher. Conversely, the Manual mode offers full control, enabling you to meticulously define TakeProfit values for each individual timeframe.

ii. TakeProfit Threshold # and TakeProfit Value #: Imagine this mechanism as an ascending staircase. Each step represents a range, with the lower boundary (TakeProfit Value) designed to close the trade upon being reached, and the upper boundary (TakeProfit Threshold) upon being hit, propelling the trade to the next level, and forming a new range. This stair-stepping approach enhances risk management and increases profitability. The pre-set configurations are tailored for BINANCE:BTCUSDT. It's advisable to devote time to tailoring these settings to your specific market, aiming to achieve optimal results based on backtesting.

iii. StopLoss Value: In line with its name, this value marks the limit of loss you're prepared to accept should the market trend go against your expectations. It's crucial to note that once your asset reaches the first TakeProfit range, the initial StopLoss value becomes obsolete, supplanted by the first TakeProfit Value. The default StopLoss value is pegged at 1.6(%), a figure worth considering in your trading strategy.

VI) Entry Conditions

The primary signal for entry is generated by our custom trend detection mechanism and hull suite values (ascending/descending). This is supported by additional indicators acting as confirmation.

VII) Exit Conditions

The strategy stipulates exit conditions primarily governed by stop loss and take profit parameters. On infrequent occasions, if the trend lacks confirmation post-entry, the strategy mandates an exit upon the issuance of a reverse signal (whether confirmed or unconfirmed) by the strategy itself.

BITsPIP

13 Apr

Catatan Rilis

We've updated the basic properties of our strategy to enhance risk management capabilities. The "Commission" has been adjusted to 0.05%. Take a look at our latest backtesting outcomes on BTCUSDT, showcasing the performance across more than 1000 closed trades.

Backtesting Screenshot 1 (BTCUSDT, 5-min, 1000 Initial capital, 100% Equity, 0.05% Commission, 1 Order pyramiding, 0% Margin)
Backtesting Screenshot 2 (BTCUSDT, 5-min, 1000 Initial capital, 10% Equity, 0.05% Commission, 1 Order pyramiding, 0% Margin)
Backtesting Screenshot 3 (BTCUSDT, 5-min, 1000 Initial capital, 0.1 Contacts, 0.05% Commission, 1 Order pyramiding, 0% Margin)

BITsPIP