This is an automated trading strategy based on chart pattern recognition. The strategy primarily makes trading decisions by identifying double bottom and double top formations in the market, monitoring price movements over specific time periods, and automatically executing trade orders when qualifying patterns emerge. The strategy utilizes the zigzag indicator to visualize these key price patterns, helping traders understand market trends intuitively.
The core logic of the strategy is to identify double bottom and double top patterns through technical analysis. The specific implementation includes the following key steps: 1. Setting monitoring period (default 100 periods) and lookback period (default 100 periods) 2. Using technical analysis functions to calculate period highs and lows 3. Comparing current prices with historical prices to determine formation of double bottoms or tops 4. Automatically executing corresponding trade orders upon pattern confirmation 5. Setting price breakthrough-based exit conditions for timely stop-loss or profit-taking
This is a well-designed and practical automated trading strategy. Through accurate identification of double bottom and top patterns, combined with flexible parameter settings and comprehensive risk control, it effectively captures short-term market reversal opportunities. While certain risks exist, through continuous optimization and improvement, this strategy has the potential to become a reliable trading tool.
/*backtest start: 2024-12-04 00:00:00 end: 2024-12-11 00:00:00 period: 3m basePeriod: 3m exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}] */ //@version=5 strategy("Double Bottom and Top Hunter", overlay=true) // Parametreler length = input.int(100, title="Dönem Uzunluğu", defval=100) lookback = input.int(100, title="Geriye Dönük Kontrol Süresi", defval=100) // İkili Dip ve Tepe Bulma low1 = ta.lowest(low, length) high1 = ta.highest(high, length) low2 = ta.valuewhen(low == low1, low, 1) high2 = ta.valuewhen(high == high1, high, 1) doubleBottom = (low == low1 and ta.lowest(low, lookback) == low1 and low == low2) doubleTop = (high == high1 and ta.highest(high, lookback) == high1 and high == high2) // İşlem Açma Koşulları longCondition = doubleBottom shortCondition = doubleTop // İşlem Kapatma Koşulları closeLongCondition = ta.highest(high, length) > high1 and low < low1 closeShortCondition = ta.lowest(low, length) < low1 and high > high1 // İşlem Açma if (longCondition) strategy.entry("Long", strategy.long, qty=1) if (shortCondition) strategy.entry("Short", strategy.short, qty=1) // İşlem Kapatma if (closeLongCondition) strategy.close("Long") if (closeShortCondition) strategy.close("Short") // Grafik Üzerinde Göstergeler ve ZigZag Çizimi plotshape(series=longCondition, title="İkili Dip Bulundu", location=location.belowbar, color=color.green, style=shape.labelup, text="LONG") plotshape(series=shortCondition, title="İkili Tepe Bulundu", location=location.abovebar, color=color.red, style=shape.labeldown, text="SHORT") // var line zigzagLine = na // if (doubleBottom or doubleTop) // zigzagLine := line.new(x1=bar_index[1], y1=na, x2=bar_index, y2=doubleBottom ? low : high, color=doubleBottom ? color.green : color.red, width=2) // Zigzag çizgisini sürekli güncelleme // line.set_xy1(zigzagLine, bar_index[1], na) // line.set_xy2(zigzagLine, bar_index, doubleBottom ? low : high)