PROTECTED SOURCE SCRIPT
Kohen Dive V3.7 Strategy (Backtest)
⚠️ DISCLAIMER & RISK WARNING
This Strategy Script is for EDUCATIONAL and BACKTESTING purposes only. Past performance does not guarantee future results. This script is designed to test the mathematical probability of the "Kohen Dive" logic.
📊 KOHEN DIVE V3.7 STRATEGY (Backtest Edition)
Concept: Automated Mean Reversion System
This is the Strategy (Backtest) version of the "Kohen Dive V4.6" indicator. While the indicator visualizes the market tension, this script executes automated trades based on specific rules to test the profitability of the "Spring Tension" logic.
The Core Philosophy: It uses a Contrarian approach. It looks for "Overextended" market conditions (Neon Candles) to enter trades against the crowd, targeting a snap-back move.
⚙️ TRADE RULES (Entry Logic)
The strategy waits for a confluence of 3 Conditions:
1. 📉 SHORT ENTRY (Sell High)
⚙︎ Zone: Price must be in the Premium (Red) zone (Above 100-period average).
⚙︎ Tension: Momentum must hit NEON GREEN (Max Upside Tension) and sustain it for at least 5 bars.
⚙︎ Trigger: Enters Short when momentum starts to cool down.
2. 📈 LONG ENTRY (Buy Low)
⚙︎ Zone: Price must be in the Discount (Green) zone (Below 100-period average).
⚙︎ Tension: Momentum must hit NEON RED (Max Downside Tension) and sustain it for at least 5 bars.
⚙︎ Trigger: Enters Long when momentum starts to recover.
🛡️ RISK MANAGEMENT (Set & Forget)
This strategy is strictly rule-based with fixed Stop Loss and Take Profit levels to remove emotional trading.
⚙︎ Take Profit (TP): 6.0%
⚙︎ Stop Loss (SL): 2.5%
⚙︎ Risk/Reward Ratio: 1:2.4
⚙︎ Optimization: Default settings are optimized for ETH/USDT 15-Minute timeframe.
🔧 KEY SETTINGS
⚙︎ Gamma Value (0.8): Filters out weak signals. Higher values = Fewer but higher quality trades.
⚙︎ PD Lookback (100): Defines the "Cheap/Expensive" range based on the last ~24 hours (on 15m chart).
⚙︎ Min Peak Bars (5): Prevents entering on sudden wicks/fake-outs. Requires sustained tension.
This Strategy Script is for EDUCATIONAL and BACKTESTING purposes only. Past performance does not guarantee future results. This script is designed to test the mathematical probability of the "Kohen Dive" logic.
📊 KOHEN DIVE V3.7 STRATEGY (Backtest Edition)
Concept: Automated Mean Reversion System
This is the Strategy (Backtest) version of the "Kohen Dive V4.6" indicator. While the indicator visualizes the market tension, this script executes automated trades based on specific rules to test the profitability of the "Spring Tension" logic.
The Core Philosophy: It uses a Contrarian approach. It looks for "Overextended" market conditions (Neon Candles) to enter trades against the crowd, targeting a snap-back move.
⚙️ TRADE RULES (Entry Logic)
The strategy waits for a confluence of 3 Conditions:
1. 📉 SHORT ENTRY (Sell High)
⚙︎ Zone: Price must be in the Premium (Red) zone (Above 100-period average).
⚙︎ Tension: Momentum must hit NEON GREEN (Max Upside Tension) and sustain it for at least 5 bars.
⚙︎ Trigger: Enters Short when momentum starts to cool down.
2. 📈 LONG ENTRY (Buy Low)
⚙︎ Zone: Price must be in the Discount (Green) zone (Below 100-period average).
⚙︎ Tension: Momentum must hit NEON RED (Max Downside Tension) and sustain it for at least 5 bars.
⚙︎ Trigger: Enters Long when momentum starts to recover.
🛡️ RISK MANAGEMENT (Set & Forget)
This strategy is strictly rule-based with fixed Stop Loss and Take Profit levels to remove emotional trading.
⚙︎ Take Profit (TP): 6.0%
⚙︎ Stop Loss (SL): 2.5%
⚙︎ Risk/Reward Ratio: 1:2.4
⚙︎ Optimization: Default settings are optimized for ETH/USDT 15-Minute timeframe.
🔧 KEY SETTINGS
⚙︎ Gamma Value (0.8): Filters out weak signals. Higher values = Fewer but higher quality trades.
⚙︎ PD Lookback (100): Defines the "Cheap/Expensive" range based on the last ~24 hours (on 15m chart).
⚙︎ Min Peak Bars (5): Prevents entering on sudden wicks/fake-outs. Requires sustained tension.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.