166# Bitcoin Super Scalper H1
Bitcoin Super Scalper 5 X1
Trend Momentum Strategy
Submit by Adrian author Wielkieef
Bitcoin Super Scalper H1 is an intraday trading strategy designed for Bitcoin. The Strategy is composed of a synthetic index based on trend and momentum indicators. This trading system is only suitable for the Trading View platform. The author of the strategy is Wielkieef an active member of the TradingView community who shared his study on this community. I am reporting it on this site as a suggestion of a good trading idea for intraday traders trading on Bitcoin and high volatility crypto pairs as Litecoin.
Description of the Wielkieef
"Sniper is very profitable in terms of% good trades
It will perform very well on 1-5X Leverage (Solid leverage, not variable depending on the volume)
Time Frame 60 minutes
Target profitP: 0.9%
Stop lossL: 5.5%
the Strategy is made of 4 main factors responsible for opening both longs and shorts:
A) Support and Resistance - this feature has recently been an inseparable part of every bot I write
if you want to see how this function works, turn on plots in settings, in general, it works in such a way that the function finds temporary support and resistance and opens further positions only after the break of these levels.
I introduced the function of changing the candle to deeper colors with each breakthrough
B) EMA scalping option, which increase profit net, I set this function to follow the trend in order to additionally pyramid every major move;
C) The Relative Momentum Index was developed by Roger Altman and was introduced in his article di lui in the February, 1993 issue of Technical Analysis of Stocks & Commodities magazine.
D) Bollinger Bands - this function has also increased the possibilities of opening and closing new positions, it works in such a way that if the candle is closed outside the Bolinger bands, more positions are opened, I focused on this function in order to maintain a high percentage level as much as possible
This amazing combination got me 90.5% profitable trades which is insane (Wielkieef 2022). "
Alternatively, the stop loss can
also be placed on the previous swing high / low level.
Examples of trades.