A Trader Life
  • Introduction
  • Strategies
    • TOTUS
    • DOMINUS
    • One tool to rule them all
    • Scalper Crypto
      • Pair list 06/02/21
    • Swinger Crypto
    • CALCULUS
    • ETH V
    • BTC Correlation
    • IPSIMUS
    • VWAP Stock
    • MTF Stock
  • Courses
    • Anton Kreil – Professional Trading Masterclass
    • Introduction to Stocks
      • List of brokers for stock
      • Selling options for profits
      • Introduction to Stocks and Technical Analysis
    • Psychology
      • Some psychology
      • Inside a traders mind
      • 20 Trading rules
      • Do you want to be a professional trader?
      • Psychological Mindset
      • The defining decade and why your twenties matter and how to make the most of them now by Meg Jay sum
      • How to win friends and influence people by Dale Carnegie summary
      • Curious by Ian Leslie summary
      • A Mind For Numbers | Barbara Oakley summary
    • Excel Tips
      • Risk of ruining your account
      • How to make use of the peg ratio
      • How to combine a spread trade with PMI
      • How to calculate ATR
      • How to calculate implied volatility with excel
      • How to make use of distribution in financial markets using excel
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  1. Strategies

BTC Correlation

This is a trending strategy designed mostly for CRYPTO market, especially the FUTURE one. Spot trading is also available. It's made from a combination of more than 200 moving averages applied to different type of candles values from BTC candles like close, open, high, low of a candle. The results in general beat buy and hold in most of the crypto coins correlated with BTC, between 1-5 times using no leverage at all. If a 2x leverage is used, then the results are 10-100 times the normal buy and hold value.

PROS

  • High - Very high returns

  • Can be traded both manually or automated

  • Can use leverage - Highest returns from all the products

  • Works with most crypto pairs, especially top/main ones

  • Highly safe from the losses

CONS

  • Requires patience

  • Does not use a stop loss or take profit level

  • If used incorrectly with leverage can lose the entire capital

  • For maximum profits, trading experience is required

Recommended settings

For this strategy, here are some recommended settings for specific pairs:

Settings

Value

Timeframe

30mn

FULL CRYPTO candle correlation?

No

Line 1

11

Entry Rate (0-1)

0.5

Exit Rate (0-1)

0.65

Leverage

1

Backtesting Results from January 2020

Initial Capital

$ 1,000

Commission

0.1%

Net Profit

$ 7,521.18

Total Closed Trades

41

% Profitable

51.22%

Profit Factor

3.464

Max Drawdown

$ 1,079.6

Avg # Bars in Trades

461

Settings

Value

Timeframe

30mn

FULL CRYPTO candle correlation?

No

Line 1

6

Entry Rate (0-1)

0.3

Exit Rate (0-1)

0.6

Leverage

1

Backtesting Results from January 2021

Initial Capital

$ 1,000

Commission

0.1%

Net Profit

$ 6,122.65

Total Closed Trades

59

% Profitable

33.9%

Profit Factor

2.368

Max Drawdown

$ 1,176.59

Avg # Bars in Trades

80

Settings

Value

Timeframe

30mn

FULL CRYPTO candle correlation?

Yes

Line 1

9

Entry Rate (0-1)

0.4

Exit Rate (0-1)

0.55

Leverage

1

Backtesting Results from January 2021

Initial Capital

$ 1,000

Commission

0.1%

Net Profit

$ 2,123.39

Total Closed Trades

33

% Profitable

69.7%

Profit Factor

2.323

Max Drawdown

$ 799.25

Avg # Bars in Trades

133

Strategy

Alert

PreviousETH VNextIPSIMUS

Last updated 3 years ago

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This Strategy is for payment only. It's included in the Diamond and Maximus plans. You can find all details about .

our plans here
https://www.tradingview.com/script/h3yrVUPr-30MIN-crypto-futures-correlation-BTC-candle-strategy/www.tradingview.com
30MIN CRYPTO FUTURES CORRELATION BTC CANDLE Alert — Indicator by SoftKill21TradingView
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