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.

• Can be adapted to many multiple timeframes

• 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 the product with the second-highest risk

• Can be easily overfit(need to proceed with the steps present in the description of how to properly optimize it)

• You need a future account and understand how to short a trade if you want to short.

• If used incorrectly with leverage can lose the entire capital