Re: Hedged Positions

#11
The new triangle formed 41105 and new buy positions are opened.
50% of shorts, profit booking is better I Think, rest carried.
capture.PNG


Re: Hedged Positions

#12
I may be wrong, The strategy should hold the shorts until the price bar hits each level of shorts.
The triangle is an assumption, that the reversal might happen. But the triangle may disappear and the price may find a new bottom.
The Shorts are in profits, the market has to decide the profitability, not us, I believe.
So no synthetic profit booking. Let the shorts find their own way.

Re: Hedged Positions

#13
Triangle disappeared. Price finding a new bottom.
Fresh new positions are held as the strategy has already equal no. of shorts.
No new positions until the shorts are exited.
Equal positions on both sides.
capture.PNG

Re: Hedged Positions

#14
Adding a Triple Jurik smooth Indy reduced false signals.
I understand the setup can consistently make money.
This works on all timeframes.
Will study further, finetune and post a complete strategy.
capture.PNG


Re: Hedged Positions

#16
BTC making a new low.
The strategy requires no supporting indicators, it seems like a triangle, MA etc.
The 30 M chart attached is self-explanatory.
capture.PNG

Re: Hedged Positions

#17
BTC making a new low.
The strategy requires no supporting indicators, it seems like a triangle, MA etc.
The 30 M chart attached is self-explanatory.


Attachments 13
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