PRO & CON

PRO

• This strategy is able to go both long and short , depending on the market movement direction. You only want to trade SPOT and don't want to trade futures, you can set up the strategy to only go with LONG entries.

• Designed for shorter timeframes(in this case 30 min)

• It does not require any further optimization, and can be used with many correlated pairs

• Works in any type of market condition, doesn't matter if it's bear or bull trend.

• Risk management integrated inside the strategy

CON

• Is going to suffer a lot from side market periods(diversification required to reduce this part)

• You need a future account and understand how to short a trade

• It has a low % win rate( around 40%)

• If used incorrectly with leverage can lose the entire capital

• You need a bridge platform like 3 commas / alertatron and so on in order to automate the process(highly complicated to do it manually, almost impossible when are going to have so many pairs )