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 any timeframe

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

  • Risk management integrated inside the strategy

CON

  • It can be late sometimes to an entry, and can suffer when there are big reversals happening in a short amount of time

  • It has a low % win rate( around 40-50%)

  • Requires patience

  • 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

  • It does require further optimization for stocks

  • 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 )

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