A Trader’s Landing community member asked me to review his trading system. I really liked that it had a multi-timeframe component that accounts for high timeframe price action. I used that system as a base to create this complete trading system that produced fantastic results over 100 consecutive trades.
In addition to reviewing the indicators, providing exact entry rules, defining the take profit and stop loss levels, testing it for 100 consecutive setups, reviewing the results, discussing the equity curve, and scoring the system on a scale of 1 to 10, I also share my 6 optimization tips that you can try in your own trading system development. Do not neglect back and forward testing, that is critical.
Community Post: https://circle.traderslanding.net/c/welcome/hello-there-6859b9#comment_wrapper_8459704
⏱️ Timestamps ⏱️
00:00 - Start
00:53 - Indicators
02:00 - Examples
04:45 - Results, Equity Curve, Score
06:23 - Optimization
⚙️ System Specifics ⚙️
📛 System Name: Bence Bounce
🏆 Trader’s Landing Score: 8
🎹 Instrument: Bitcoin vs. US Dollar (BTC/USD)
⌛ Time Frame: 15-Minute & 4-Hour (M15/H4)
👀 TradingView Indicators
Name: Stochastic
Inputs: Default
Style: Default
By: TradingView Built-In
Chart: 15-Minute
Link: https://www.tradingview.com/support/solutions/43000502332-stochastic-stoch/
Name: SuperTrend
Inputs: Default
Style: Default
By: TradingView Built-In
Chart: 4-Hour
Link: https://www.tradingview.com/support/solutions/43000634738-supertrend/
☝️ Long Entry
👇 Short Entry
⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice.