In this KZread video, we'll be discussing the use of the Average True Range (ATR) in combination with the Moving average to create the Best Crypto Volatility Strategy.
First, we'll be talking about the ATR with MA, which is an indicator that combines the ATR with a simple moving average to determine crypto volatility. This helps to provide a better understanding of the market's expected movements.
Next, we'll be covering how to use the percentage-based ATR to determine market volatility and make informed buying and selling decisions. We'll also explain how to filter the market and make trades within a specified range, which can be adjusted depending on the asset being traded.
In addition, we'll show you how the Wunder Volatility bot script calculates risk on your portfolio, using a function that allows you to set the risk percentage on your portfolio. The script also provides a calculation of the entry amount in dollars relative to your Stop Loss.
It's important to note that the risk per trade must be less than the Stop Loss value. If the risk is higher, then leverage should be used.
Finally, we'll discuss the option to send the dollar amount from Tradingview to the exchange, and how it affects the calculation of net profit and drawdown values in the backtest results. We'll explain how to use the "Volume in contract" option to ensure that the results are accurate.
Link for the Volatility bot: www.tradingview.com/script/KE...
About WunderTrading:
WunderTrading is a cloud-based platform that makes it easy to start trading and investing in cryptocurrency. Users can copy the trades of the best crypto traders with transparent trading history, trade themselves using the professional trading terminal, or create fully automated trading bots using TradingView.
Try For Free: wundertrading.com/en