Fractals in this video were not at default settings as presented
I was asked by a viewer to create a system designed to trade on mobile devices. In this installment, I created a profitable scalping system using Williams Fractals and Exponential Moving Averages (EMA’s) based on the Fibonacci Sequence. Then I test it 100 times in a row on Bitcoin vs. the US Dollar (BTC/USD) using 1-minute candles.
Please use caution when trading the M1 charts as the fees can eat up your gains. Some exchanges either let you place free limit orders or actually give you a rebate on such orders.
Trader’s Landing is a trading system review and education channel. By testing indicator based trading strategies we are able to learn and understand a system’s performance by using a repeatable and clearly defined trading criteria that has a predictable performance through a series of many setups. These trading systems can be ported over to many instruments such as Forex (FX), Cryptocurrency (Crypto), Options, Stocks, or anything that has a chart and a significant amount of volume and market participants.
WARNING: Be sure to do exhaustive backtesting and forward testing before you actually start trading real funds. For your convenience below is a link to the official Trader’s Landing backtesting spreadsheet and tutorial video.
See a trading system you would like tested on this channel? Be sure to let me know, including links where you found it, and any other pertinent information. In many ways you are the eyes and ears of this channel.
Timestamps:
00:00 - Cold Open
00:20 - Indicators
01:01 - Long Examples
03:15 - Short Examples
04:33 - Test
05:13 - Testing Results & Equity Curve
05:49 - Optimization & Summary
System Specifics
Time Frame
1 Minute Candles
🏆 Trader’s Landing Score: 3
Indicators
21 EMA in Yellow
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/
55 EMA in Orange
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/
144 EMA in White
Link: https://www.tradingview.com/support/solutions/43000592270-exponential-moving-average/
Williams Fractals
Link: https://www.tradingview.com/support/solutions/43000591663-williams-fractal/
Long Entry
-Price closes above all the EMA’s
-Price pulls back into the EMA’s
-Enter when price closes above the 21 EMA with a fractal while the 21 is higher than the 55 and the 55 is higher than the 144 EMA’s.
Short Entry
-Price closes above all the EMA’s
-Price pulls back into the EMA’s
-Enter when price closes above the 21 EMA with a fractal while the 21 is higher than the 55 and the 55 is higher than the 144 EMA’s.
R:R
Test 1: 1.5:1
Test 2: 2:1
Indicators tested on this channel so far:
ATR Bands, Donchian Channels (DC), Double Exponential Moving Average (DEMA), Dynamic Structure Indicator, Exponential Moving Average (EMA), Heikin-Ashi Candles, Ichimoku Cloud, Money Flow Index (MFI), Interstellar Buy/Sell, Interstellar Trend, Multi Timeframe EMA, QQE (Qualitative Quantitative Estimation) Mod, Relative Strength Index (RSI), SSL Channel, SSL Hybrid, Stochastic (STOCH), Stochastic RSI, SuperTrend STRATEGY, Time Segmented Volume (TSV), VuManChu Swing Free, Waddah Attar Explosion V2, Weighted Average Price (VWAP), Williams %R
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⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice. Seek a licensed professional for investment advice.
