Bitcoin Liquidity Breakout Signals with Volume and Trend Filters

Summary

This Bitcoin strategy combines above-average volume with momentum and trend filters to identify potential long entries. It also checks whether ATR is above its recent average, requires RSI below a threshold, and compares short and longer simple moving averages. Exit signals use a moving-average cross, an RSI threshold, or Bitcoin dominance when that data is available. The script includes configurable stop and target percentages, position sizing based on a stated account balance and risk fraction, and a limit on entries after recorded losing trades.

The document presents code and inputs, but no backtest results or evidence that the signals are profitable. Although its title refers to ICT, the shown entry logic does not use a full retracement-zone test; it computes a Fibonacci level without applying it to the buy condition. The price-change threshold is also calculated but not used in that condition. Stop-loss and take-profit inputs appear, though the visible exit logic closes on signal conditions. Treat the strategy as an illustrative, unvalidated script rather than a demonstrated system.

Key ideas

• The long-entry filter combines elevated volume, RSI, moving-average alignment, and above-average ATR.
• The exit condition can respond to a moving-average cross, high RSI, or elevated Bitcoin dominance when available.
• Position size is calculated from a stated account balance, risk fraction, and stop distance.
• The code computes price-change and Fibonacci retracement values that do not appear in the shown entry condition.
• The document provides no performance results, so the strategy's effectiveness is unestablished.

Tags

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