IU BBB(Big Body Bar) Strategy

DESCRIPTION
The IU BBB (Big Body Bar) Strategy is a price action-based trading strategy that identifies high-momentum candles with significantly larger body sizes compared to the average. It enters trades when a strong bullish or bearish move occurs and manages risk using an ATR-based trailing stop-loss system.

USER INPUTS:
- Big Body Threshold – Defines how many times larger the candle body should be compared to the average body ( default is 4 ).
- ATR Length – The period for the Average True Range (ATR) used in the trailing stop-loss calculation ( default is 14 ).
- ATR Factor – Multiplier for ATR to determine the trailing stop distance ( default is 2 ).


LONG CONDITION:
- The current candle’s body is greater than the average body size multiplied by the Big Body Threshold.
- The closing price is higher than the opening price (bullish candle).


SHORT CONDITION:
- The current candle’s body is greater than the average body size multiplied by the Big Body Threshold.
- The closing price is lower than the opening price (bearish candle).


LONG EXIT:
- ATR-based trailing stop-loss dynamically adjusts, locking in profits as the price moves higher.


SHORT EXIT:
- ATR-based trailing stop-loss dynamically adjusts, securing profits as the price moves lower.


WHY IT IS UNIQUE:
- Unlike traditional momentum strategies, this system adapts to volatility by filtering trades based on relative candle size.
- It incorporates an ATR-based trailing stop-loss, ensuring risk management and profit protection.
- The strategy avoids choppy market conditions by only trading when significant momentum is present.

HOW USERS CAN BENEFIT FROM IT:
- Catch Strong Price Moves – The strategy helps traders enter trades when the market shows decisive momentum.
- Effective Risk Management – The ATR-based trailing stop ensures that winning trades remain profitable.
- Works Across Markets – Can be applied to stocks, forex, crypto, and indices with proper optimization.
- Fully Customizable – Users can adjust sensitivity settings to match their trading style and time frame.