Signals Template

Strategy Intent

Trading Criteria Details
Market Suitability All markets supported by your Signals
Difficulty Advanced
Strategy Type Signals Trading
Take Profit
DCA
Positive DCA
Pending Orders
Trailing Stop Loss
Published
Demo Server

Note:

  1. Click the cloud icon to view the demo server for this strategy;
  2. Note if the cloud icon is showing in red it means the demo server is not available right now;

Strategy Overview

  • This strategy template provides a Signals trading example
  • This strategy provides a free basic template for use with SIGNALS.
  • If you are using one of the approved third party Signals Providers then check with them to see if they also provide a ProfitTrailer Signals Template for use with their signals.
  • This template provides:
    • a trailing stop loss that follows your gain at 3% and triggers on a 1% drop;
    • a maximum profit of 20% with a 10% take profit with a 10 minute timeout;
    • take profit safety arm at 0.8 and take profit safety fire at 0.5 to maximise returns; and
    • Trailing is turned on for both Buy and Sell strategies to maximise returns.
  • All these settings can be changed to suit your trading style and risk aversion level.
  • If you are using the TradingView integration, we also provide a free example TradingView script that can be used in conjunction with this ProfitTrailer Signals Template.
  • The TradingView Signals script comes with the PineScript source code to get you going with the new SIGNALS and TradingView Integration functionality. You can use this as a starting point to creating your own TradingView Signals script for your own trading strategies.

Entry Criteria

  • The strategy entry criteria makes use SIGNAL
  • It uses trailing buy to ensure we buy as close to the bottom of the trade cycle as possible.

Trade Management

  • The strategy applies the 2% and 10% rules of trading.
  • Position size is limited to 2% of risk capital per trade.
  • Only 5 trading pairs are active at any time to ensure no more than 10% of total risk capital is employed in trading at any time.
  • A trailing stop loss is employed rather than a fixed stop loss.
  • Take profit is employed to prevent loss of profits.

Exit Criteria

  • This strategy exit criteria makes use of SIGNAL.
  • SIGNALS works like any other strategy and can be combined with other buy/sell strategies like GAIN is used above.
  • The other buy/sell strategies you combine with SIGNALS may rely on indicators but see the Indicators Config page for details.
  • This strategy makes use of trailing profit to maximise profits.

Strategy Tips

  • This strategy works in all market conditions supported by your chosen Signals.
  • This strategy template requires Version 2.2.x of ProfitTrailer to work.
  • A paid signals subscription is required to use signals with ProfitTrailer. More details can be found on the Signals page in the Wiki.


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  • signalstemplate.txt
  • Last modified: 13 days ago
  • by cryptocoyn