Bitduke

Squeeze Momentum Strategy SL TP v2

Improved version of my Squeeze Momentum Strategy.

Changes:

  • Possible to change source: ohlc4, hl2 , hlc3, close
  • Enter your stop loss and take profit in %, NOT ticks
  • Working and robust even without take profit / stop loss
  • Yearly drawdown lower than 20%

Backtesting

Backtested on BTCPERP (FTX). It shows much better results on 1h timeframe (about 200% yearly, 55% in 2020) and relatively low drawdown to date.

  • Initial Capital: $1000
  • Capital per trade: $1000
  • Including fee: 0.075% (buy + sell) side, type "taker"

Strategy doesn't repaint.

Shortly about Squeeze Momentum Indicator:
This is a derivative of John Carter's "TTM Squeeze" volatility indicator, as discussed in his book "Mastering the Trade" (chapter 11).

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Comments

Thank you for your script Mr.Bitduke
+1 Reply
Bitduke deitydoll
@deitydoll, no problem!
Reply
@Bitduke, Thank you very much! I backtested your previous squeeze indicator, also nice work. I let code my own strategy also based on the squeeze, but my results are far away from yours. Are you open minded to have a call and to exchange a bit experiences? Would be great! I'm by the way working in the crypto area. Thanks in advance and would be great to have call! :)
Reply
Hello, could I get access to this script? Thanks in advance!
Reply
Bitduke DanielBabich
@DanielBabich, Hi! I've just added you. Would be appreciated if you will sign up with one of my links in return.

FTX: https://ftx.com/#a=bitduke
Bitmex: https://www.bitmex.com/register/NEnxKp
Reply
@Bitduke, Thank you very much! I backtested your previous squeeze indicator, also nice work. I let code my own strategy also based on the squeeze, but my results are far away from yours. Are you open minded to have a call and to exchange a bit experiences? Would be great! I'm by the way working in the crypto area. Thanks in advance and would be great to have call! :) (sorry, posted the other comment on a wrong reply)
+1 Reply
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