AlgoWay GRSIM

17 thg 10

🧭 What this strategy tries to do
This strategy detects when a market move is losing strength and prepares for a potential reversal, but it waits for fresh momentum confirmation before acting.
It combines:

• • RSI-based divergence (to spot exhaustion and potential turning points),
  
• • Impulse MACD (to verify that the new direction actually has force behind it).
  

________________________________________
⚙️ When it takes trades
Long (Buy):

• • A bullish RSI divergence appears (a clue that selling pressure is fading);
  
• • Within a short time window, the Impulse MACD turns strongly positive;
  
• • Optionally, the impulse line itself must be rising (if the Impulse Direction Filter is
  

enabled).
Short (Sell):
• A bearish RSI divergence appears (buying pressure fading);
• Within a short time window, the Impulse MACD turns strongly negative;
• Optionally, the impulse line must be falling (if the Impulse Direction Filter is enabled).
If momentum confirmation happens too late, the divergence “expires” and the signal is ignored.
________________________________________
🧩 How entries work

1. 1. Reversal clue:
   
2. The strategy detects disagreement between price and RSI (price makes a new high/low, RSI doesn’t).
   
3. That suggests a shift in underlying strength.
   
4. 2. Momentum confirmation:
   
5. Before entering, the Impulse MACD must agree — showing real push in the same direction.
   
6. 3. Impulse direction filter (optional):
   
7. When enabled, the impulse itself must accelerate (rise for longs, fall for shorts), avoiding fake signals where price diverges but momentum is still fading.
   
8. 4. No stacking:
   
9. It opens only one position at a time.
   

________________________________________
🚪 How exits work
Two main exit styles:
Conservative (default):

• Longs close when impulse crosses below its signal line.
  
• Shorts close when impulse crosses above its signal line.
  

✅ Keeps trades as long as momentum agrees.
Color-change (fast):

• Longs close immediately when impulse flips bearish.
  
• Shorts close immediately when impulse flips bullish.
  

⚡ Faster and more defensive.
Plus:

• Stop Loss (%) and Take Profit (%) act as fixed-distance protective exits (set to 0 to disable either one).
  

________________________________________
📊 What you’ll see on the chart

• A thick Impulse MACD line and thin signal line (oscillator view).
  
• Diamonds — detected bullish/bearish divergence points.
  
• Circles — where impulse crosses its signal (momentum change).
  
• A performance panel (top-right) showing Net Profit, Trades, Win Rate, Profit Factor, Pessimistic PF, and Max Drawdown.
  

________________________________________
🔧 What you can tune

• Signal Lifetime (bars): how long a divergence remains valid.
  
• Impulse Direction Filter: ensure the impulse itself is moving in the trade’s direction.
  
• Stop Loss / Take Profit (%): risk and target in percent.
  
• Exit Style: conservative cross or faster color-change.
  
• RSI / MA / Signal Lengths: adjust responsiveness (defaults are balanced).
  

________________________________________
💪 Strengths

• Confirms reversals using momentum direction, not just divergence.
  
• Avoids “early” signals where momentum is still fading.
  
• Works symmetrically for longs and shorts.
  
• Built-in stop/target protection.
  
• Clear, visual confirmation of all logic components.
  

________________________________________
⚠️ Things to keep in mind

• In sideways markets, the impulse can flip often — prefer conservative exits.
  
• Too small SL/TP → constant stop-outs.
  
• Too wide SL/TP → deep drawdowns.
  
• Always test with different timeframes and markets.
  

________________________________________
💡 Practical tips

• Start with default settings.
  
• Enable “Use Impulse Direction Filter” in trending markets, disable it in very choppy ones.
  
• Focus on Profit Factor, Win Rate, and Max Drawdown after several dozen trades.
  
• Keep SL/TP roughly aligned with typical swing size.
  

“AlgoWay GRSIM” is a reversal-with-confirmation strategy: it spots likely turns, demands real momentum alignment (optionally verified by impulse direction), and manages exits with clear momentum cues plus built-in protective limits.

17 thg 10

Phát hành các Ghi chú

Added alert part for Algoway Connector

21 thg 10

Phát hành các Ghi chú

Updated alerts only

3 thg 11

Phát hành các Ghi chú

Update wrong qty calculation in alert part