š§ AUTO TRADING STRATEGY: HOMEUSDT (15m Timeframe)
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ā Buy Entry Conditions:
Enter a Buy trade when all the following conditions are met:
1. Parabolic SAR dots appear below the candlestick (bullish signal).
2. MACD Line crosses above the Signal Line (MACD crossover).
3. The price is above the 5 EMA (indicates momentum is up).
ā” Action: Open a Long/Buy position.
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ā Sell/Exit Conditions:
Exit or Sell your position when any of the following occurs:
1. SAR dots move above the candlestick (bearish signal).
2. MACD Line crosses below the Signal Line (bearish crossover).
3. Price forms a lower high (indicates weakness).
ā” Action: Close the position or take profit.
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š Stop Loss (SL):
Set SL at 5% below your entry price,
OR
At the most recent swing low (last support level)
šÆ Take Profit (TP):
Aim for 8ā12% profit from your entry price
OR
Take profit when RSI > 70 (overbought zone)
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š Recommended Indicators & Settings:
Indicator Settings
Parabolic SAR 0.02, 0.2
MACD Default (12,26,9)
EMA 5 EMA & 20 EMA
RSI (Optional) Levels: 30 (Buy), 70 (Sell)
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š Based on Your Chart:
In your current trade, you entered after SAR moved below, and MACD crossover was forming, so you followed the strategy correctly.
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