Greetings folks,
Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup.
The trading system with a preset 2:1 profit to risk ratio for this asset has historically:
116 trades
31 %/R returns
42 % winrate
Do note that there is a strong resistance just above at $64, highlighted by a user in my previous post!
Do let me know if I should expand the assets and timeframe of ideas that I share.
Cheers,
PineConnector
Price has pierced through the standard setting bollinger band and my mean-reversion system has indicated a setup.
The trading system with a preset 2:1 profit to risk ratio for this asset has historically:
116 trades
31 %/R returns
42 % winrate
Do note that there is a strong resistance just above at $64, highlighted by a user in my previous post!
Do let me know if I should expand the assets and timeframe of ideas that I share.
Cheers,
PineConnector
Trade closed: target reached
TP hit.Updated stats:
117 Trades
33 %/R returns
43% winrate
Automate your trading with Tradingview alerts to Metatrader 4/5 using webhooks.
Start your 14-day free trial now @ pineconnector.com/. Credit card not required.
Start your 14-day free trial now @ pineconnector.com/. Credit card not required.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Automate your trading with Tradingview alerts to Metatrader 4/5 using webhooks.
Start your 14-day free trial now @ pineconnector.com/. Credit card not required.
Start your 14-day free trial now @ pineconnector.com/. Credit card not required.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.