Hello everyone. This bot I created tries to exploit the Change of Character (ChoCh) concept that I have seen some traders use to enter a trend with one or two consecutive entries depending on where this pattern appears and have the advantage of not depend of an indicator wich can be a fast way to enter in a trade.
The help to be in the trend are two EMAs (100 and 200) the bot is at 1H.
The take profit is managed by a tight ATR and the risk in each Trade is only 1%. It can probably be used on some other Coins and perhaps optimized further, I just put more emphasys in the Risk Control. I hope someone finds it useful and can improve it.
ChoCh Bot:
https://app.gainium.io/bot/66e5efed291892ad492d99f9?a=1895&aid=share-bot&share=5b8d561b-00a2-41d3-a96a-82300de55df1
Backtests:
6 Likes
This looks really good. It’s the kind of strategy I like: modest return but low risk. Question: Why use 1x on futures? I know the fee is better, but since it has relatively low risk, even at 5X the drawdown is decent.
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hey @aressanch many thanks! Yes I forgot to mention that in the description, my idea was leave it as minimum, so anyone can play with the risk or time frame, etc. @ppalba344 create 3 variation on other bot with different Risks maybe the next one will try to implement that idea. 
2 Likes
do you some combo bot like this one, low risk and consistent returns
hey @alexgualdino search in Strategies in the Forum, also you can create one Combo too. Create one, ask if somebody can help you. Get into it is the best way
Have you run this strategy live already? Keen to see results.
Soon I will open In Bybit an account to test it and others, I waiting to see this trend how far it can go.
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