Scalping strategy for BTC using one line: Support Resistance.
The strategy draws a line based on the minimum value of the average of High, Low, and Close for a given bar. The entries are carried out on the breakdown of this line. Exits are managed by the specified in the script's inputs take-profit and stop-loss percentages.
Thanks and much respect to the hardwork you put in...Can this be applied to any trading instrument likE Ethereum and other alts or is it just for BTC??
cryptofutures2021
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thanks @HPotter for Sharing this, does this works on 1 min TF?
HPotter
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@cryptofutures2021, Try to check. Should if you find parameters for this TF. It can work on any TF with correct parameters.
@HPotter, I wanted to apply this to the BNBBUSD chart
derinbarutcu
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@derinbarutcu, I got it to work on BTC thanks. What settings would you recommend for a daily scalper and what time frame? I usually aim at a 1% gain daily with my strategies.
HPotter
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@derinbarutcu, Fell free to test it yourself. I have not good settings for long time. Markets change every time.