15MEX Momentum Scalper
Alpha product project in development. Uses a combination of MACD and T3-CCI with tweaked settings to catch directional momentum and scalp a small move. Strategy is quantity of trades over quality of trades to build profits.
Use this strategy for 15-min Bitmex scalping on XBT contracts only. Recommend 100k contract size or less; backtested with 100k contracts.
Market enter, then use post-only limit exits and stop losses.
Setting is pre-optimized for 0.5% tp target and 0.5% sl of entry price. Recommend default 3 bars as basis for confirming recent MACD crossover as well as default 0.618 Fibonacci ratio as the T3-CCI basis.
Default risk level setting is approximately 2-3 trades a day. You can double the amount to 4-5 trades a day by enabling Aggressive mode. This may lead to larger profits and more entries, but with more frequent stop losses.
Future version will include trailing TPs/stops. Still undergoing optimization and refinement.
Use this strategy for 15-min Bitmex scalping on XBT contracts only. Recommend 100k contract size or less; backtested with 100k contracts.
Market enter, then use post-only limit exits and stop losses.
Setting is pre-optimized for 0.5% tp target and 0.5% sl of entry price. Recommend default 3 bars as basis for confirming recent MACD crossover as well as default 0.618 Fibonacci ratio as the T3-CCI basis.
Default risk level setting is approximately 2-3 trades a day. You can double the amount to 4-5 trades a day by enabling Aggressive mode. This may lead to larger profits and more entries, but with more frequent stop losses.
Future version will include trailing TPs/stops. Still undergoing optimization and refinement.
Versionshinweise:
Alpha product project in development. Uses a combination of MACD and T3-CCI with tweaked settings to catch directional momentum and scalp a small move. Strategy is quantity of trades over quality of trades to build profits.
Use this strategy for 15-min Bitmex scalping on XBT contracts only. Recommend 100k contract size or less; backtested with 100k contracts.
Market enter, then use post-only limit exits and stop losses.
Setting is pre-optimized for 0.5% tp target and 0.5% sl of entry price. Recommend default 3 bars as basis for confirming recent MACD crossover as well as default 0.618 Fibonacci ratio as the T3-CCI basis.
Default risk level setting is approximately 2-3 trades a day. You can double the amount to 4-5 trades a day by enabling Aggressive mode. This may lead to larger profits and more entries, but with more frequent stop losses.
Future version will include trailing TPs/stops. Still undergoing optimization and refinement.
Use this strategy for 15-min Bitmex scalping on XBT contracts only. Recommend 100k contract size or less; backtested with 100k contracts.
Market enter, then use post-only limit exits and stop losses.
Setting is pre-optimized for 0.5% tp target and 0.5% sl of entry price. Recommend default 3 bars as basis for confirming recent MACD crossover as well as default 0.618 Fibonacci ratio as the T3-CCI basis.
Default risk level setting is approximately 2-3 trades a day. You can double the amount to 4-5 trades a day by enabling Aggressive mode. This may lead to larger profits and more entries, but with more frequent stop losses.
Future version will include trailing TPs/stops. Still undergoing optimization and refinement.
Versionshinweise:
Added check to invalidate signals if MACD crosses more than once within the MACD max bars limit+1.
Added check to ensure underlying T3-CCI's previous cycle was distinctly in an opposite momentum cycle instead of a small fakeout signal.
Profits and win rates slightly increased with tweak.
Added check to ensure underlying T3-CCI's previous cycle was distinctly in an opposite momentum cycle instead of a small fakeout signal.
Profits and win rates slightly increased with tweak.
Versionshinweise:
Removed some further invalid signals.
Added visual projection of TP and SL points.
Added visual projection of TP and SL points.
Versionshinweise:
Set default to 0.48% TP and SL to have first move advantage against bots who set an even 0.5%.
Versionshinweise:
Settings updated, including default selections. New modified MACD (Schaff Trend) used to smooth momentum oscillation. Stronger, safer entry signals with increased 64% win rate.
Aggressive mode removed due to incompatibility with Schaff Trend.
Also ran backtesting with 0.05% BitMex fees (0.075 market entry taker fee offset by 0.025 limit entry maker fee) included, still net profitable.
Aggressive mode removed due to incompatibility with Schaff Trend.
Also ran backtesting with 0.05% BitMex fees (0.075 market entry taker fee offset by 0.025 limit entry maker fee) included, still net profitable.
Versionshinweise:
Accidental typo in code in last update causing short signals to not be printed properly. Updated accordingly now. Re-introduced Aggressive Mode to be based on a +0.5% modifier to the SL and TP settings.
Versionshinweise:
Minor updates to ensure consistency with main indicator script (5X 15-min Momentum Scalper by SW9K)
Versionshinweise:
Minor updates optimized for 50X.
Versionshinweise:
Further minor updates for 50X leverage. Aggressive mode optimized for profitability.