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BTC 2 Hour STRAT

Strategy Overview
Chart Timeframe: 2-Hour

Trading Window:
Start Time: 00:00 AM EST
Stop Time: 6:45 PM EST
Backtest Period:
Start Date: [Insert Start Date], Start Time: 00:00 AM EST
Stop Date: [Insert Stop Date], Stop Time: 6:45 PM EST

Type: Swing Trading

Indicators Used:
Momentum
Choppiness Index
VWMA (Volume-Weighted Moving Average)
Candlestick Patterns (60-min and 120-min closes)

Key Rules
Trade Direction:

If VWMA is in an uptrend, strategy will favor long positions.
If VWMA is in a downtrend, strategy will favor short positions.
Momentum Range:
Momentum must be within pre-defined band ranges (optimized during backtesting).
Choppiness Index:
Choppiness Index must indicate favorable swing trading conditions (ranges based on backtesting).
Candlestick Confirmation:
Uses 60-minute and 120-minute candlestick closes as follows:
Green Candles (Bullish Close): Support long positions.
Red Candles (Bearish Close): Support short positions.
Release Notes
Updated Jan 6

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.