Batman Strategy v1

10月6日

1. Overview & Core Concept

The "Batman Strategy V1" is a comprehensive trend-following and pyramid-trading framework designed for multiple asset classes. Its core concept is to identify strong, established trends and systematically enter positions in stages (pyramiding) to maximize gains during sustained market movements.

This strategy is built on a proprietary scoring system that synthesizes multiple market dimensions—including stage analysis, relative strength, and volume dynamics—into clear, actionable signals. It is not a simple indicator mashup; it's a complete system with defined entry, exit, and risk management protocols.

2. Key Features

• Proprietary Trend Scoring: The strategy grades market conditions from 'A' (strong bull trend) to 'Z' (strong bear trend) using a unique combination of ADX and RSI calculations, providing a nuanced view of trend maturity and strength.
  
• Advanced Relative Strength Analysis: Automatically compares the asset's performance against a relevant market index (e.g., NIFTY for Indian stocks, NDX for US stocks, or a total crypto market cap for crypto) to ensure it is a market leader.
  
• Heikin-Ashi Based Logic: Utilizes Heikin-Ashi candles for its core calculations to filter out market noise and provide smoother trend signals.
  
• Multi-Tranche Pyramiding: The strategy is designed to enter a position with an initial tranche and add up to four subsequent positions if the trend continues favorably, based on a proprietary breakout logic (`ha_close > breakout`).
  
• Dynamic & Multi-Option Exits: Offers three distinct, user-selectable trailing stop mechanisms for exits: SuperTrend, V-Stop, and Chandelier Exit. This allows traders to tailor the exit logic to their risk tolerance and the asset's volatility. The data source for these exits can also be switched between the standard chart and Heikin-Ashi candles.
  
• Integrated Risk Management: Implements a sophisticated stop-loss system that adjusts based on the number of open trades, aiming to move to break-even after the third tranche and protecting capital.
  

3. How to Use This Strategy

1. Configuration: In the script settings, first set your desired backtesting date range. Then, configure the "Entry," "Tranching," and "Exit" parameters to suit your trading style. The most important choice is the "Exit Indicator," as this will define how the strategy closes trades.
   
2. Interpretation: When applied to a chart, the strategy will plot trend score labels ('A', 'B', 'C' for bullish; 'X', 'Y', 'Z' for bearish), color the background based on relative strength, and color the bars based on volume strength. Backtesting results, including all pyramided trades, will be visible in the "Strategy Tester" panel.
   
3. Alerts: The script includes built-in alert conditions for both bullish and bearish trend scores, which can be used to notify you of potential opportunities.
   

4. Backtesting & Performance

This is a strategy script, and its performance should be thoroughly evaluated in the Strategy Tester. As per TradingView rules, users should use realistic settings for initial capital, commission, and slippage. The default settings are a template; they should be adjusted to reflect the conditions of the market you are testing. Past performance is not indicative of future results.

5. Disclaimer

This strategy is a tool for market analysis and idea validation. It is not financial advice. All trading involves risk, and you should not risk more than you are prepared to lose. This is a closed-source, protected script; its internal calculations are proprietary.

10月31日

リリースノート

Update to avoid multiple entries in single realtime bar