Bitcoin Scalping with Tilson T3 and Fibonacci-Ratio Crossovers

Summary

This strategy uses two Tilson T3 moving averages calculated from a weighted price input. The user can trigger entries when the shorter Fibonacci-parameter line crosses the main T3 line, or use price closing above or below the main line. Upward conditions open long positions and downward conditions open shorts, subject to the selected direction setting. The chart interval and intended use are Bitcoin scalping on a 30-minute chart.

Users can adjust both T3 calculations, limit the test to a date range, and choose whether opposite signals close positions. Optional take-profit and stop-loss exits are defined as percentages of average entry price. The script includes a backtest strategy setup with fees and configurable capital and order sizing, but the supplied text gives no actual performance results. The approach is a moving-average signal system; its usefulness depends on parameter choices, execution costs, and market conditions, and the document does not establish out-of-sample robustness.

Key ideas

• The indicator builds two Tilson T3 lines from repeated exponential smoothing of a weighted price input.
• The default entry condition is a crossover between the Fibonacci-parameter T3 and the main T3.
• An alternative signal compares the close with the main T3 line.
• Opposite signals and percentage-based profit targets or stop losses can manage exits.
• The document describes intended use on Bitcoin’s 30-minute chart but provides no backtest results to assess performance.

Tags

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