AMAZING – No Indicator Complete Trading System – HOLO

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I take an extremely popular Forex trading system and apply it to Cryptocurrency trading. The Highest Open – Lowest Open (HOLO) trading system has been successfully traded on the Forex market for a very long time. In this video, I test it for 100 consecutive trades on Bitcoin, and as expected, it performed extremely well on the crypto market. Stayed tuned because at the end of this video I give 4 FANTASTIC ideas on how to make it even better.

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⏱️ Timestamps ​​⏱️
00:00 – Start
01:27 – Long Examples
02:57 – Short Examples
04:42 – Testing Results & Equity Curve
05:42 – Trader’s Landing Score
05:52 – Optimization

⚙️ System Specifics ⚙️
🎹 Instrument: Bitcoin vs. US Dollar (BTC/USD)
⌛ Time Frame: 1-Hour (H1)
🏆 Trader’s Landing Score: 7

👀 TradingView Indicators
Name: Trading Session Indicator
Inputs: 00:00 – 08:00
By: ZenAndTheArtOfTrading
Link: https://www.tradingview.com/script/xitSH979-Trading-Session-Indicator/

☝️ Long Entry

1. Setups only take 8 hours after the daily open.
2. Identify the lowest price for the day and wait for the candle to close.
3. The next candle must be the lowest open for the entire session day.
4. Price comes below the candle opening price, does not make a new daily low, and then price comes above the candle opening price.
5. Enter when price moves back above the candle open, do not wait for the candle to close.

👇 Short Entry

1. Setups only take 8 hours after the daily open.
2. Identify the highest price for the day and wait for the candle to close.
3. The next candle must be the highest open for the entire session day.
4. Price comes above the candle opening price, does not make a new daily high, and then price comes below the candle opening price.
5. Enter when the price moves back above the candle open, do not wait for the candle to close.

🔥 Risk to Reward: 1:1 for half of the position, 3:1 for the 2nd half.

🛑 Where to place stop-loss:
For Longs: Below the daily low.
For Shorts: Above the daily high.
🚀 Where to take profits: 1:1 for half of the position, 3:1 for the 2nd half.