Sentiment Trader v4.1 Strategy

Sentiment Trader v4.1 Strategy — How to use

Purpose: A rules-based BTC/ETH daily strategy that combines multiple market regime inputs (trend zones, funding conditions, SOPR, and BPS-style signals) to plot clear Long/Short entries and trailing-stop based exits.

1) Required setup (important)

• Preset: Select your market via the Strategy input:
  BTC 1D → requires BITSTAMP:BTCUSDETH 1D → requires BITSTAMP:ETHUSD
• Timeframe: 1D (Daily).
  
• Chart type: Standard candles or line (avoid non-standard chart types).
  

If you select the wrong symbol / timeframe / chart type, the script shows an on-chart warning message and signals may be missing.

2) What you see on the chart

• Long: blue triangle below the candle.
  
• Short: pink/red triangle above the candle.
  
• Long Close: X marker (exit) after a long position.
  
• Short Close: X marker (exit) after a short position.
  
• Trailing Stop lines:
  
  • TSL Long (aqua): trailing stop reference for long positions
    
  • TSL Short (red): trailing stop reference for short positions
    

3) Practical usage (simple)

1. Start with the correct setup (symbol + Daily + standard chart).
   
2. Treat signals as a system: avoid mixing entries/exits with unrelated intraday signals (this is designed for daily regimes).
   
3. Use risk management: position sizing, max drawdown rules, and (if trading manually) your own execution discipline.
   

4) Backtesting period (built-in)

• Customize strategy tool for a specific time period: limits entries to your chosen start/end dates.
  
• Tip: Avoid TradingView “deep backtesting” for this script — it can cut off previously collected data and distort signal calculation.
  

5) Data dependencies

• This strategy references external series such as GLASSNODE:* and CRYPTOCAP:USDT.D. If your TradingView plan/exchange access does not provide these series, results may differ or parts may not work.
  

6) Alerts + automation note (important)

TradingView’s Terms of Use state that TradingView market data (including charts, alerts, and webhooks) is licensed for display-only use and prohibits non-display usage, including automated trading / automated order generation and similar machine-driven processing. Please review the current policy text before using alerts with any third-party tooling: tradingview.com/policies.

If you want a free walkthrough on understanding the signals and setting up alerts/notifications, you can visit our website: algoros.ai

Notes / expectations

• This is not financial advice.
  
• Past performance is not indicative of future results.