BTC and ETH Risk Savage VIP setup added

Indicators required:

• Risk Savage VIP Access: A sophisticated Pine Script strategy designed for meticulous risk management, enabling precise exposure control by limiting potential trade losses to 2% of the portfolio.
• SuperTrend Squeeze VIP Access: A premium indicator adept at isolating opportune moments within a trend for lower-risk entries, crucial for strategic positioning.
• SuperTrend ADX Free Access: An accessible tool that provides a trailing signal, essential for optimizing exit strategies in a dynamically shifting market.

Strategy Blueprint:

The cornerstone of our approach is the SuperTrend Squeeze, which is instrumental in identifying entry points with minimized risk within the trend’s context. This is complemented by the SuperTrend ADX, which serves as a trailing indicator, guiding the timing of our exits to secure gains or minimize losses.

Optimized Backtesting:

Through rigorous analysis, I have refined two backtesting models tailored to Bitcoin (BTC) and Ethereum (ETH), both on a 4-hour time frame. These models are specifically optimized for these assets, though they can be adjusted for application to alternative cryptocurrencies or time frames.

• Bitcoin (BTC) Backtest: View Details
• Ethereum (ETH) Backtest: View Details

Risk Management Strategy:

The Risk Savage tool is calibrated to safeguard the portfolio by capping the risk at 2% per trade, ensuring a disciplined approach to risk management and long-term sustainability of the trading strategy.

Strategy Performance and Adjustments:

The algorithm is tailored for maximum profitability with a strategically low win ratio, leveraging trailing stops to enhance the gains from successful trades. For traders inclined towards a higher win ratio, with an acceptance of reduced profit margins, adjustments can be made by:

• Disabling the trailing stop feature by unchecking the take profit condition boxes.
• Modifying the risk-reward ratio (RR) settings to 2 for long positions and 1.5 for short positions, diverging from the default setting intended to bypass these constraints.

This communication is intended for the professional algorithmic trading community. Your feedback or inquiries regarding strategy customization or optimization are welcome.

No financial advice – do your own reseach – the strategy could lead to heavy losses.