Easy Loot Trailing Stop Bot - (PSAR) Strategy

Hello World,

Today I am bringing you a Parabolic Stop and Reverse Strategy that uses a 5% trailing stop loss.

Tested the strategy on the 1D timeframe of Bitcoin from the time period starting from 2018 onwards.

As you may know the price in the start of 2018 for Bitcoin was around $11,000 meaning if you bought and HODL'd since then you'd be down a good %, as current price is $8650.

Below is the strategy testing results, up 844% profits in the last two years.

Easy Loot Members Only, contact me if you'd like access to the strategy.

Parabolic Stop and Reverse (PSAR) Strategy

Parabolic SAR is a time and price technical analysis tool primarily used to identify points of potential stops and reverses. In fact, the SAR in Parabolic SAR stands for "Stop and Reverse". The indicator's calculations create a parabola which is located below price during a Bullish Trend and above Price during a Bearish Trend.

Trailing Stop Loss

A trailing stop-loss order is a special type of trade order where the stop-loss price is not set at a single, absolute dollar amount, but instead is set at a certain percentage or a certain dollar amount below the market price.