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 scalping timeframes like 1-5min

  • 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 highest risk

  • Requires automation

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

  • Pairs need to be monitored frequently

  • If crypto markets go against initial position, need to act immediately / stop the bot

  • If used incorrectly with leverage can lose the entire capital

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