This strategy is a sort of tribute to this forum. I’ve gratefully been using stuff from here for some time, and wanted to see if I could create something entirely with tools from this website.

So: based on one of @Nicolas many great inputs to this website, the TopBottom Indicator, this strategy uses the TopBottom indicator to generate buy-signals, Moving Averages to confirm market direction, and RSI to make sure it’s not already overbought (though I’m unsure how much the RSI indicator helps here).

The code for the dynamic SL also comes from this forum, but unfortunately I can’t find who wrote it. If it was you, or if you know who it was, please give that person credit!

The strategy only goes long, almost exclusively works on 5M charts, and in demo I’ve found it to also be quite efficient on stocks that rise quickly from time to time. It is quite good at catching the rapid rises. The backtest in the picture is what you would get from running one contract of Nasdaq, and the basecode in the file is meant for that. However, below I’ve listed some other examples for charts to use it on, and suggestions for values to be used. Please note that it has not in any way been optimized, nor is the strategy statistically ensured to be working, but rather these values are meant as a foundation for discussion!
Please let me know if you have any suggestions or questions:-)

Powercell: 500 contracts, SL: 500, Trailstart 80.
Bitcoin: 1 contract, SL: 200, Trailstart 60.
Tesla: 6 contracts, SL: 4000, TrailStart 1000.

skarmavbild-kl-16068620864lcp8.png PRC_Compilation.itf skarmavbild-kl-16068620864lcp81.png PRC_Compilation1.itf