The Witcher [30MIN]



This is the Witcher Bot

This bot is got best performance at BTCUSDTPERP BINANCE FUTURES

this is bot for leverage 1x,

I tried focusing at highest % profitable trades, bot could be optimalised to even higher profit net.

TP: 1.1
SL: 8.2

Stop-loss unfortunelly have to be high to avoid bear/bull traps

The core of this strategy is trend strenght ( MONEY FLOW INDKES)
Strategy can only open position on strong price movment, to avoid wrong decision
Settings are set for highest profitable trades %

Bot using 10 indicators to trigger basic condtition for long and short :

1) ADX - Is one of the most powerful and accurate trend indicators. ADX measures how strong a trend is, and can give valuable information on whether there is a potential trading opportunity.
2) RSI - value helps strategy to stop trade in right time. When RSI is overbought strategy don't open new longs , also when RSI is oversold strategy don't open new shorts
4) JURIK MOVING AVERAGE - The Jurik Moving Average indicator is one of the surest ways to smoothen price curves within a minimum time lag. The indicator offers currency traders one of the best price filters during strong price moves. In this time, when bitcoin price action is so strong, this indicator is necessary.
5) SAR - The parabolic SAR is a technical indicator used to determine the price direction of an asset, as well as draw attention to when the price direction is changing. SAR supporting bot, to not open new trades when the trends are slowly changing
7) MOMENTUM - Indicator istechnical analysis tool used to determine the strength or weakness of a stock's price. Momentum measures the rate of the rise or fall of stock prices. Common momentum indicators include the relative strength index ( RSI ) and moving average convergence divergence ( MACD ).
8) OBV - On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price.
9) FAST MA - like previous ones this is for better view of trends, and correctly define the trends, also Speed_MA are using for predict the future price action.
10) RANGE FILTER - this indicator is for the better view of trends, define trends, that is important for every bull/bear traps which helps a lot becouse of the very variable trends.

I decided to add momentum indicator to strategy, to make a fast-reacting decision on lower timeframes at extremly price volatility

Also bot got additional EMA scalping option, which increase profit net but, in some situation, that could be risky.
For max security I recommend to turn off this option.

Commision are set at standard binancefutures VIP-0 = 0.04%

After converting strategy into study version, bot is ready for automation.

All the ploting color depends of adx value.
Strategy are not Repainting
For the source code I tried to keep as clean as I could

Enjoy ;)
Release Notes: Clean the source code, add testperiod backtesting option

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.


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