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created : 3 weeks ago| | live deployment: 1
Strategy description
Strategy Name: Bitcoin Scalp Pro
The Bitcoin Scalp Pro is designed to take advantage of stop-loss (SL) levels set by retail traders, aiming to trigger these levels before price reversals. This strategy operates with a risk-reward (RR) ratio of 1:2.
Entry Conditions:
- The strategy executes an entry at any time when the predefined conditions are met.
- It identifies liquidity zones where stop-loss clusters are likely positioned.
- Market movements that indicate potential SL hunting by institutional players are analyzed.
- Entry is triggered when price action suggests a sweep of SLs, followed by a reversal signal.
Exit Conditions:
- The position exits either upon hitting the target profit level or the stop-loss level.
- The stop-loss is set at 1x risk, while the target profit is placed at 2x the risk, maintaining the 1:2 RR ratio.
Position Sizing:
- The base position size is 0.01 BTC.
- A multiplier can be used to adjust the position size according to risk management preferences and account balance.
Key Features:
- Stop-Loss Hunting: Targets areas where traders typically place SLs, capitalizing on market liquidity shifts.
- Risk Management: Strict adherence to a 1:2 risk-reward ratio to ensure controlled risk exposure.
- Scalability: Position size can be adjusted using a multiplier to optimize profitability based on account size.
- Flexible Entry: No specific time constraints; trades are executed when the strategy conditions align.
This strategy is particularly suited for traders looking to leverage liquidity sweeps and market inefficiencies in CRYPTO trading.
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