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Hypotheses

BTC Single-Asset Pivot Point Bounce Reversal Long-Short on BINANCE Daily (Carlucci 1984 / Person 1995 Floor-Trader Pivot Levels, Event-Driven)

Single-asset Pivot Point bounce reversal strategy on BTCUSDT.BINANCE — uses the classic floor-trader's pivot point formula derived from the prior bar's HLC to compute support/resistance levels, then trades reversal…

Hypothesis

Single-asset Pivot Point bounce reversal strategy on BTCUSDT.BINANCE — uses the classic floor-trader's pivot point formula derived from the prior bar's HLC to compute support/resistance levels, then trades reversal bounces when price tests these levels. Mechanism: (1) For each bar at close, compute pivot levels from PRIOR bar's HLC: Pivot_P = (bar[-1].high + bar[-1].low + bar[-1].close) / 3; R1 = 2 × P - bar[-1].low; S1 = 2 × P - bar[-1].high; R2 = P + (bar[-1].high - bar[-1].low); S2 = P - (bar[-1].high -……Show moreShow less

Single-asset Pivot Point bounce reversal strategy on BTCUSDT.BINANCE — uses the classic floor-trader's pivot point formula derived from the prior bar's HLC to compute support/resistance levels, then trades reversal bounces when price tests these levels. Mechanism: (1) For each bar at close, compute pivot levels from PRIOR bar's HLC: Pivot_P = (bar[-1].high + bar[-1].low + bar[-1].close) / 3; R1 = 2 × P - bar[-1].low; S1 = 2 × P - bar[-1].high; R2 = P + (bar[-1].high - bar[-1].low); S2 = P - (bar[-1].high - bar[-1].low). (2) BULLISH BOUNCE TRIGGER: current bar's low <= S1 OR low <= S2 (price tested support level) AND current bar's close > S_tested × (1 + bounce_buffer) (default 0.3%, price closed back above support, bouncing). (3) BEARISH BOUNCE TRIGGER: current bar's high >= R1 OR high >= R2 AND current bar's close < R_tested × (1 - bounce_buffer). (4) FLAT otherwise. This implements the floor-trader's pivot framework documented by Frank Tucci's traders (Carlucci 1984 'Modern Commodities Trading Strategies'), formalized by John Person 1995 'Mastering Pivot Point Patterns' and Larry Pesavento. Distinct from all my 15 in-pipeline event-driven BTC patterns: those use bar-shape comparisons (range, body, wick, sequence, volume, transformation); Pivot Points use a DERIVED PRICE-LEVEL FORMULA based on prior bar's HLC. The mechanism is FUNDAMENTALLY EVENT-DRIVEN (bounce off a computed level) AND TRANSLATION-ROBUST (the formula scales naturally with bar interval — each bar's HLC produces pivot levels for the next bar regardless of timeframe). Single-asset scope = no multi-asset translation curse. Helps direction quota (90.6% long-only).

Backtest and paper results are hypothetical. Trading involves risk of loss.