Williams Fractal Entries with EMA, RSI, and Fixed Exits

Summary

This BTC perpetual scalping strategy combines Williams fractals with three exponential moving averages and RSI. It signals long entries when the shorter EMA is above the two longer averages, a downward fractal appears, price is above the slowest average, and RSI has risen relative to its earlier reading. Short signals apply the inverse trend, fractal, price, and RSI conditions. The strategy allows only one open trade and offers date filters, take-profit orders, and stop-loss orders.

The accompanying notes recommend waiting for the signal bar to close and entering on the next bar, with a 0.5% take profit and a 3.1% stop loss. Those settings are presented as specific to BTC/USDT perpetuals on a 15-minute chart; other markets and timeframes may require separate tuning. The document supplies implementation details and suggested parameters, but no performance results or evidence that the settings generalize. Fractal confirmation also depends on subsequent bars, so timing and backtest interpretation require care.

Key ideas

• Long and short setups combine fractal pivots with EMA alignment, price location, and a change in RSI.
• The author recommends confirming signals at bar close and entering on the following bar.
• The stated take-profit and stop-loss settings are intended for BTC/USDT perpetual trading on a 15-minute chart.
• The script restricts entries to one open position and closes positions when configured exits or the date boundary are reached.

Tags

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