TheSocialCryptoClub

Hourly Bias on BTC in Bullish USA Session “Green Eagle”

Name: Hourly Bias on BTC in Bullish USA Session

Category: Hourly Bias

Operating mode: Spot, only long

Trades duration: Intraday, 11 bars

Timeframe: 1H

Suggested usage: When the market is compressed, USA session has a bullish bias.

Entry: enter Long at 15:00 on specific days of the week. There is a volatility filter based on ATR which identifies compression.

Exit: exit at a pre-defined time at 01:00

Usage:
⁃ It can be useful to use alerts or webhooks to automate this strategy.
⁃ This is a core system that can be improved in different ways (e.g. Stop-loss, take-profit, position sizing) or studying more the behaviour in the specific days of the week or short when is red.

Configuration:
- N/A

Backtesting
⁃ Exchange: BINANCE
⁃ Pair: BTCUSDT
⁃ Timeframe: 1H
⁃ Fee 0.075%
⁃ Slippage 2
- Start : 2019-01-06

We decided to release this free BTC strategy.
How you or we can improve? Source code is open so share your ideas!
Release Notes:
Backtesting updated:
⁃ Exchange: BINANCE
⁃ Pair: ETHUSDT
⁃ Timeframe: 1H
⁃ Fee: 0.075%
⁃ Slippage: 1
- Initial Capital: 10000 USDT
- Position sizing: 10% of Equity

Updated code removing when

- Scalping The Bull Indicator: linktr.ee/scalpingthebull
- Scalping The Bull Training: tinyurl.com/corsoindicatorepro
- AlgoTrading Training: tiny.one/corsopinescriptbase
- Crypto News: t.me/joinchat/StkXJM
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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