Blockcircle Momentum Trading Engine V1
It primarily uses the T3CCI, EMA, Slow Stochastic, and Heikin-Ashi technical indicators and candle charting types combined with advanced higher-time frame validation and invalidation rules.
There are several configurable trade ENTRY and EXIT conditions, for example, you can enable a trailing stop loss as an exit condition, or invalidate (close) a LONG trade when T3CCI flips back down > than a 10% threshold, etc...
It has endless configurations which generate an immense profit, you can fully customize any strategy for any asset you want using the configurable parameters available, and you can immediately plug it into an actual exchange and let it execute trades automatically for you!
It primarily uses the T3CCI, EMA, Slow Stochastic, and Heikin-Ashi technical indicators and candle charting types combined with advanced higher-time frame validation and invalidation rules.
There are several configurable ENTER and EXIT conditions, for example, you can enable a trailing stop loss as an exit condition, or invalidate (close) a LONG trade when T3CCI flips back down > than a 10% threshold, etc...
It has endless configurations which generate an immense profit, you can fully customize any strategy for any asset you want using the configurable parameters available, and you can immediately plug it into an actual exchange and let it execute trades automatically for you!
- Latest version published has been thoroughly optimized and re-engineered to perform even better
- Make sure to change the default properties to: Order Size = 100 using the % of Equity and the Commission = 0.02% and Margin for Long Positions and Short Positions to 20%
- Tooltip information is more descriptive
- Default settings are much more accurate and battle-tested
- Updated the parameter values and settings for an even more profitable trading strategy configuration
- Updated the default properties, starting initial capital set to $10,000, 100% of equity, using 20% of margin for LONGs and SHORTs, and % transaction processing fees of 0.03% per trade entry and per trade exit
- Remember to add custom Time Interval of 12-hour (need paid TradingView plan for this) for SOL/USDT and backtest from Jan 01 - Today 2023, securing 85% Win Rate and minimal drawdown
- Optimization of script for faster performance
- Adjusted the slow stochastic entry condition logic
- Adjusted the momentum configurable parameters, optimized it
- This reflects the most profitable trading configuration I have been using and forward testing for a long time
Momentum Trading Engine V2 is going to be released soon! Both will be used in parallel.
- The default trading strategy and configuration works best on SOL/USDT on Binance on the 12-hour timeframe (this is a custom time period and this requires the TradingView Essential plan to access, minimum)
- Significant updates to the alerts mechanism to make it more explicitly clear what is a LONG Entry vs. a LONG Exit and a SHORT Entry vs. a SHORT Exit, set to trigger only once per each candle bar close.
- The focus has been on Momentum Trading Engine V2, but this update will streamline the alerts and make them a bit easier to understand.
- Bear in mind that if Pyramiding is set to the default of 1, this will result in only one trade being open in the same direction at once, so there will not be concurrent trades, and that the alerts you receive may not match exactly to what you see in the Strategy Analyzer or the Charts view.
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact blockcircle directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact blockcircle directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.