Bastion Execution Protocol: Risk, Regime, and Structure Filters

Summary

The visible portion of this open-source Pine strategy presents a configurable trading framework centered on risk management, market regime filters, and price structure. Risk controls include a per-trade risk setting, a reward-to-risk target, an ATR-based stop distance, optional trailing stops, a daily trade limit, and an option to reduce position size in volatile or squeeze conditions. Regime inputs use VWAP slope and Bollinger Bands to identify trend conditions and optionally avoid squeeze entries. Structure settings include a swing lookback and a minimum candle-body ratio for displacement.

The document excerpt ends partway through the inputs, before entry and exit rules are shown. It therefore does not establish how these filters combine, what instruments or timeframes are intended, or whether the framework performed well. The listed defaults and controls explain design intent, not validated outcomes; the absent remainder also prevents assessing execution assumptions or the actual sizing calculations.

Key ideas

• The visible inputs define per-trade risk, reward-to-risk, ATR stops, and optional trailing stops.
• A daily trade cap and regime-adaptive sizing are offered as exposure controls.
• VWAP slope and Bollinger Band settings are intended to filter market regimes and squeeze conditions.
• Swing lookback and candle-body ratio inputs indicate a price-structure component.
• The excerpt ends before trading rules, instruments, or performance evidence are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.