Wyckoff Accumulation Strategy (C#)
Wyckoff Accumulation Strategy Wyckoff Accumulation describes a basing phase where large interests quietly build positions after a decline. Volume and price action form a series of tests of support fol...
Install-Package StockSharp.Strategies.0108_Wyckoff_Accumulation -Version 5.0.2
Wyckoff Accumulation Strategy
Wyckoff Accumulation describes a basing phase where large interests quietly build positions after a decline. Volume and price action form a series of tests of support followed by higher lows, hinting at growing demand.
Testing indicates an average annual return of about 61%. It performs best in the crypto market.
This strategy enters long when price breaks out of the accumulation range, expecting a new uptrend fueled by those earlier purchases.
A protective stop sits just below the base to limit losses should the breakout fail.
Details
- Entry Criteria: indicator signal
- Long/Short: Both
- Exit Criteria: stop-loss or opposite signal
- Stops: Yes, percent based
- Default Values:
CandleType= 15 minuteStopLoss= 2%
- Filters:
- Category: Trend following
- Direction: Both
- Indicators: Volume, Price
- Stops: Yes
- Complexity: Intermediate
- Timeframe: Intraday
- Seasonality: No
- Neural networks: No
- Divergence: No
- Risk level: Medium