Bold Plot

13. Feb. 2019

A remarkable algorithm creates entry, re-entry, take profit, safety exit signals. Nothing to set. There is only config code.All signals are being created when new candle opens. Ergo, never repaints. This also helps alarms to be set directly as "once per bar".

Now only for XBTUSD - Bitmex - 2h

Entries: When the algorithm creates an initial entry signal, it also follows the recent trend.
Re-Entries: If the algorithm senses a retracement or correction however the price movement within recent trend, the script creates re-entry signal.
Take Profit: Apart from the main entry algorithm, completely different algorithm has been developed for take profit signals. Expect maximum of 3 take profit signals after each initial entry and re-entries. Maximum of 3 TP signals aim to reach best profit levels rather than contingency.
Safety Exit Signals: Another individual algorithm apart from both entries and take profit signals. If the algorithm senses that the price movement might be in danger opposite to recent position, it creates safety exit signal for only once. This type of signals can also be considered as contingency signals. They can either be a take profit or stop loss. Be aware! This type of signals do not focus on exiting the position completely. They have designed to exit the position 60%-80% and re-enter if the the algorithm creates re-entry signals. There might be take profit signals following the safety exit signals as this situation does not affect take profits.

Current Config Codes:
XBTUSD - Bitmex - 2h / Config Code: 1

27. Feb. 2019

Versionshinweise

- Updated to Bold Plot v6 - Rev 13.0
- Major updates in take profit algorithms.
- Major updates in timing control mechanism.
- Major updates in tagging and checking mechanism of previous signals.

10. März 2019

Versionshinweise

- Updates on code structure.