1. advisor overview

CryptoTrend 1.00 is an automated EA built for BTC trading, optimised for 2024. It uses the following key components:

• Bollinger Indicator:
  Helps to identify market extremes. If the price goes beyond the bollinger lines given a certain threshold, an entry signal is generated.

• Filter by Order Block:
  The Expert Advisor finds a support (for longs) or resistance (for shorts) range based on historical data (the number of bars is set by the OB_Length parameter ). This helps to refine the signal and reduce false entries.

• Self-learning mechanism:
  By analysing statistics (number of winning and losing trades), the TrendThreshold entry threshold is dynamically adjusted . Thus, the algorithm adapts to changing market conditions.

• Risk Management:
  Stop Loss (SL) and Take Profit (TP) levels are calculated based on the difference between the entry price and the support/resistance level with an aggressive risk:profit ratio.

• Project support:
  In the header of the Expert Advisor there is a link with the caption "Support the project, register!" leading to theBybit page, which allows users to support the developer.