Volatility Stop Strategy [frostybot]

Feb 26, 2021

This is a modified version of the Standard Volatility Script on TradingView, tweaked for the BTCUSD chart on the 1H timeframe.
I've designed this strategy to be used with Frostybot with ease.
However, this can be disabled in the settings. Then you will receive alerts without Frostybot commands.

First, open the settings section of the indicator. Then fill in the following fields:

• You can play around with the TP values and see what works best for your personal risk assessment
  
• Account Stub: enter the name of your stub on Frostybot (only needed if you enable the "Use Frostybot Alert Triggers" checkbox)
  
• Position Size and Size Type: Here you can choose the amount on which you want to enter the trade, for example: 100$, 2x,... (only needed if you enable the "Use Frostybot Alert Triggers" checkbox)
  
• Symbol: Enter the BTC symbol that is valid for the Frostybot Stub's Exchange. For FTX: BTC-PERP, for Binance Futures: BTC /USDT,... (only needed if you enable the "Use Frostybot Alert Triggers" checkbox)
  
• Press OK
  

Then, setup an alert on the strategy:

• Configure the correct Frostybot Webhook URL (don't forget to add /frostybot after the IP address) (only needed if you enable the "Use Frostybot Alert Triggers" checkbox)
  
• Give the alert a name of choice
  
• Put this as the message: {{strategy.order.alert_message}}
  
• Press OK
  

Enjoy and happy trading!