🚀 Box Wave System 📊

I want to share a practical trading system.

**System Name**: Box Wave System

**Description**: A system that combines box structures with Elliott Wave analysis, confirming through multi-timeframe analysis and volume judgment, implementing robust swing trading.

**Entry Rules**:

1️⃣ On the 4-hour level, the trend of BTC (the market) is consistent with the trend of the asset

2️⃣ Confirmation of Elliott Wave structure on the 4-hour level: Identify wave 1-2-3-4 structure

3️⃣ The daily resistance level is far from the current position, more than 5%

4️⃣ Multi-timeframe alignment: Daily - 1 hour or 4 hours - 15 minutes coalescence

5️⃣ 15-minute level box breakout confirmation: Price consolidates in key support/resistance zones, forming a breakout, pullback, and then breakout again, with a volume increase at the bottom for reversal, volume ≥ 1.5 times the average volume for entry.

**Exit Rules**:

- Technical stop-loss: Set the stop-loss point outside the breakout box support/resistance

- Time stop-loss: If there is no directional movement 48 hours after the breakout, consider exiting

- Partial profit-taking: 50% of the position at the first target, the remainder at the extended target

- Trailing stop-loss: When profits reach half of the target, move the stop-loss to the cost or add protection

- Momentum exit signal: If RSI shows divergence or volume gradually decreases, reduce or close all positions

**Risk Management**:

1. Single trade risk: 2% of account funds

2. Daily maximum risk: 5% of account funds

3. Weekly maximum risk: 10% of account funds

4. Correlation position limit: Correlation between different positions does not exceed 15%

5. Position holding time limit: The maximum holding time is 2 weeks

What do you think about box trading performance in the current market environment?

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