Cryptocurrency Trading Course
Lesson 18 of 26 · Pro
How the Blockcircle Momentum Trading Engine Works
What this lesson covers
- What the engine is: a set of rules that turns price data into buy and sell signals
- Reading a backtest: return, drawdown and win rate, and why past results do not predict future ones
- Why a high win rate alone says little: many small wins can be undone by a few large losses
- Setting the engine up in TradingView
- Sending its alerts to automation tools such as 3Commas, Mudrex and Coinrule
- Position size and how it changes risk
General information for learning, not financial advice. Trading can lose money.