Profit Sniper 2.0 | BACKTEST
Profit Sniper 2.0 Backtest now offering up huge improvements, including multiple position triggers, derived from Bollinger Bands and Chande Momentum as well as our own bespoke stochastic ribbons that provide trend pivots .
Profit Sniper now works with regular Japanese candles, however, still provides the flexibility of Heiken Ashi settings for certain elements of the indicator, this allows the accuracy of Japanese candlestick prices, and the smooth trends of HA.
Profit Sniper 2.0 has been specifically re-written for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader) and as such we have chosen to remove several noisy elements of the now defunct Profit Sniper that were underused, such as the PPO and RSI variants.
Another big decision was to remove the MACD from the indicator package, as invariably users preferred using the built in MACD .
So how does it work?
HUNT
In true Sniper fashion, when our stochastic HA ribbons pivot between short and long trends, the indicator will offer up a colour coded flag the says “1. HUNT” green for long, red for short.
SIGHT
At this stage, the indicator is now looking for a second condition, this is displayed as “2. Sight” at this point the indicator as noticed a drop in the previous momentum, to pre-empt a flip between long and short. Red is for short, green is for Long
FIRE
The final condition to be met, is based on the positioning of the Bollinger Bands , which is show as the “3. Fire Flag” again, as with hunt and sight, red is for short and green is for long.
User parameters allow traders to add trailing stop, toggle between percentage and USD value, as well as edit all the indicator settings in both HA and JPY Candles providing higher accuracy in the forecast rate.
** Please note, that trade execution occurs at the open of the candle after the FIRE condition is met, this means that it is likely that the back test may throw up slightly worse results than in real time trading with using CAT as CAT will execute on Bollinger moving average line in real time.
Profit Sniper now works with regular Japanese candles, however, still provides the flexibility of Heiken Ashi settings for certain elements of the indicator, this allows the accuracy of Japanese candlestick prices, and the smooth trends of HA.
Profit Sniper 2.0 has been specifically re-written for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader) and as such we have chosen to remove several noisy elements of the now defunct Profit Sniper that were underused, such as the PPO and RSI variants.
Another big decision was to remove the MACD from the indicator package, as invariably users preferred using the built in MACD .
So how does it work?
HUNT
In true Sniper fashion, when our stochastic HA ribbons pivot between short and long trends, the indicator will offer up a colour coded flag the says “1. HUNT” green for long, red for short.
SIGHT
At this stage, the indicator is now looking for a second condition, this is displayed as “2. Sight” at this point the indicator as noticed a drop in the previous momentum, to pre-empt a flip between long and short. Red is for short, green is for Long
FIRE
The final condition to be met, is based on the positioning of the Bollinger Bands , which is show as the “3. Fire Flag” again, as with hunt and sight, red is for short and green is for long.
User parameters allow traders to add trailing stop, toggle between percentage and USD value, as well as edit all the indicator settings in both HA and JPY Candles providing higher accuracy in the forecast rate.
** Please note, that trade execution occurs at the open of the candle after the FIRE condition is met, this means that it is likely that the back test may throw up slightly worse results than in real time trading with using CAT as CAT will execute on Bollinger moving average line in real time.
Catatan Rilis:
Profit Sniper 2.0 Backtest now offering up huge improvements, including multiple position triggers, derived from Bollinger Bands and Chande Momentum as well as our own bespoke stochastic ribbons that provide trend pivots.
Profit Sniper now works with regular Japanese candles, however, still provides the flexibility of Heiken Ashi settings for certain elements of the indicator, this allows the accuracy of Japanese candlestick prices, and the smooth trends of HA.
Profit Sniper 2.0 has been specifically re-written for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader) and as such we have chosen to remove several noisy elements of the now defunct Profit Sniper that were underused, such as the PPO and RSI variants.
Another big decision was to remove the MACD from the indicator package, as invariably users preferred using the built in MACD.
So how does it work?
HUNT
In true Sniper fashion, when our stochastic HA ribbons pivot between short and long trends, the indicator will offer up a colour coded flag the says “1. HUNT” green for long, red for short.
SIGHT
At this stage, the indicator is now looking for a second condition, this is displayed as “2. Sight” at this point the indicator as noticed a drop in the previous momentum, to pre-empt a flip between long and short. Red is for short, green is for Long
FIRE
The final condition to be met, is based on the positioning of the Bollinger Bands , which is show as the “3. Fire Flag” again, as with hunt and sight, red is for short and green is for long. A SAFETY catch also exists, preventing a FIRE when certain user defined conditions occur.
User parameters allow traders to add trailing stop, toggle between percentage and USD value, as well as edit all the indicator settings in both HA and JPY Candles providing higher accuracy in the forecast rate.
** Please note, that trade execution occurs at the open of the candle after the FIRE condition is met, this means that it is likely that the back test may throw up slightly worse results than in real time trading with using CAT as CAT will execute on Bollinger moving average line in real time.
Profit Sniper now works with regular Japanese candles, however, still provides the flexibility of Heiken Ashi settings for certain elements of the indicator, this allows the accuracy of Japanese candlestick prices, and the smooth trends of HA.
Profit Sniper 2.0 has been specifically re-written for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader) and as such we have chosen to remove several noisy elements of the now defunct Profit Sniper that were underused, such as the PPO and RSI variants.
Another big decision was to remove the MACD from the indicator package, as invariably users preferred using the built in MACD.
So how does it work?
HUNT
In true Sniper fashion, when our stochastic HA ribbons pivot between short and long trends, the indicator will offer up a colour coded flag the says “1. HUNT” green for long, red for short.
SIGHT
At this stage, the indicator is now looking for a second condition, this is displayed as “2. Sight” at this point the indicator as noticed a drop in the previous momentum, to pre-empt a flip between long and short. Red is for short, green is for Long
FIRE
The final condition to be met, is based on the positioning of the Bollinger Bands , which is show as the “3. Fire Flag” again, as with hunt and sight, red is for short and green is for long. A SAFETY catch also exists, preventing a FIRE when certain user defined conditions occur.
User parameters allow traders to add trailing stop, toggle between percentage and USD value, as well as edit all the indicator settings in both HA and JPY Candles providing higher accuracy in the forecast rate.
** Please note, that trade execution occurs at the open of the candle after the FIRE condition is met, this means that it is likely that the back test may throw up slightly worse results than in real time trading with using CAT as CAT will execute on Bollinger moving average line in real time.
Catatan Rilis:
Fixed small bug in Chande Momentum filter calculation that was eliminating more shorts than it should have from the backtest only (indicator unaffected).
Catatan Rilis:
v2.0.2 contains enhancements to the strategy including :
Added a "Caution mode" to avoid confusion on the repainting issue for Hunt and Sight flags
Added trade mode "Long / Short / All"
Harmonised the indicator & backtest settings
Optimised strategy functionality to work with 2.0.2 indicator (now integrated with Catbot).
Added a "Caution mode" to avoid confusion on the repainting issue for Hunt and Sight flags
Added trade mode "Long / Short / All"
Harmonised the indicator & backtest settings
Optimised strategy functionality to work with 2.0.2 indicator (now integrated with Catbot).
Catatan Rilis:
v2.0.2.1 Fixed issue with trailing stop values not working correctly in strategy tester
Catatan Rilis:
v2.0.2.1 No functional changes. Updated typo in release versioning
Catatan Rilis:
v2.0.3 contains the following enhancements to the strategy:
> Fire on Hunt Flag added (1. Fire / 1.Fire + 1)
> "Wait for Fire (BBMA) Confirmation" option retired in favour of "Choose BBMA Fire Condition" select box containing:
Off = Wait for Fire confirmation
Open = Fire when period opens above (short) / below (long) BBMA
Open Tolerance = As above, but with tolerance threshold for when it nears BBMA (with accompanying Tolerance setting)
> Fire on Hunt Flag added (1. Fire / 1.Fire + 1)
> "Wait for Fire (BBMA) Confirmation" option retired in favour of "Choose BBMA Fire Condition" select box containing:
Off = Wait for Fire confirmation
Open = Fire when period opens above (short) / below (long) BBMA
Open Tolerance = As above, but with tolerance threshold for when it nears BBMA (with accompanying Tolerance setting)
Catatan Rilis:
v2.0.4 Addition of "Timeframe of Overlaid Flags" to allow you to operate at lower timeframes (e.g. 1 second or 1 minute) while Flags (and alerts) continue to be based on higher timeframes. This has the benefit of letting you operate the strategy tester nearer to the point of alert rather than at the completion of 5 minute candles.
Other modifications:
> "3. Safety" flags retired, now no flag will appear if BB Squeeze activated
> Bollinger Squeeze added to 1 & 2 Fire Flags
> Short alerts on Japanese Flags fixed
Other modifications:
> "3. Safety" flags retired, now no flag will appear if BB Squeeze activated
> Bollinger Squeeze added to 1 & 2 Fire Flags
> Short alerts on Japanese Flags fixed
Catatan Rilis:
Minor codefix on backtest functionality affecting trailing stops.
Catatan Rilis:
HTF (Higher Timeframe) Trend flags have been added to the strategy, and will now filter fire flags by the prevailing trend to cut down on false positive long & short flags.
Catatan Rilis:
v2.0.5.1 Added ability to turn on or off the HTF filtering setting
Catatan Rilis:
v2.0.6 Fixed Short & Long Trend, added high timeframe on/off switch & cleaned up the visuals
Catatan Rilis:
Minor codefix in calculation of HTF ribbon cross to make it more accurate
Catatan Rilis:
v2.0.6.4 Codefix for trend repaints issue in HTF
Catatan Rilis:
V2.0
Profit Sniper 2.0 offers up huge improvements over the previous 1.0 version of Profit Sniper, including multiple position triggers, derived from Bollinger Bands and Chande Momentum as well as our own bespoke stochastic ribbons that provide trend pivots.
> 2.0 operates off two timeframes in parallel, your Trend Timeframe (Higher Timeframe concerned with identifying market trends), and your Trade Timeframe (Lower Timeframe to actually trade Longs & Shorts in)
> You also have the option to trade with trend so the indicator will automatically flag & alert only Shorts in a Short trend, and Longs in a Long Trend
Profit Sniper 2.0 has been specifically re-written to simplify usage, and for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader).
If you would like access, please send me a PM.
Profit Sniper 2.0 offers up huge improvements over the previous 1.0 version of Profit Sniper, including multiple position triggers, derived from Bollinger Bands and Chande Momentum as well as our own bespoke stochastic ribbons that provide trend pivots.
> 2.0 operates off two timeframes in parallel, your Trend Timeframe (Higher Timeframe concerned with identifying market trends), and your Trade Timeframe (Lower Timeframe to actually trade Longs & Shorts in)
> You also have the option to trade with trend so the indicator will automatically flag & alert only Shorts in a Short trend, and Longs in a Long Trend
Profit Sniper 2.0 has been specifically re-written to simplify usage, and for use with automation, including our own in-house trading robot known as C.A.T (Crypto Algo Trader).
If you would like access, please send me a PM.