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EwoFvBot Strategy: The "Combo Attack" of Momentum + Bollinger Bands

Nickname: Wave Hunter
Career: Trend Reversal Follower
Timeframe: 15 Minutes / 1 Hour


1. What's This Strategy?​

EwoFvBot is a strategy that fights with three weapons at once:

  • EWO (wave indicator): measures trend strength
  • Fisher (Fisher Transform): finds extreme prices
  • Bollinger Bands: finds support/resistance

Only when all three agree → Buy!


2. Core Settings​

Take-Profit Rules​

Holding > 0 minutes:  earn 10% and run
Holding > 1 hour: earn 5% and run
Holding > 3 hours: earn 2% and run

Stop-Loss Rules​

-5% stop-loss

3. Three Weapons​

WeaponFunctionAnalogy
EWOWave indicator, reads momentum"Scout"
FisherFinds extreme prices"Radar"
Bollinger BandsFinds support/resistance"Guardrail"

4. Buy Conditions​

Core Condition​

(EWO turns from negative to positive) & (Price touches Bollinger lower band)

Plain English:

"Wave indicator strengthened + price has dropped to the bottom → Buy!"


5. Sell Conditions​

(EWO turns from positive to negative) & (Price touches Bollinger upper band)

Plain English:

"Wave weakened + price has risen to the top → Sell!"


6. Characteristics​

Pros​

  1. Multi-indicator confirmation: All three indicators must agree
  2. Catches reversal points: Good at bottom-fishing and top-escaping
  3. Has protection: Bollinger Bands are natural guardrails

Cons​

  1. Too demanding: Hard to satisfy all three conditions
  2. Doesn't work in oscillating markets: Fails during consolidation
  3. Parameter complexity: Needs long tuning time

7. Summary​

EwoFvBot is "three peasants beat the诸葛亮 (wise master)":

  • Multi-indicator confirmation, high success rate
  • May miss some opportunities

One-liner: Three indicators nod together before you can buy! 👨‍🎓👨‍🎓👨‍🎓


Document generated: 2026-03-23


8. Technical Indicators​

IndicatorPurpose
EWOMomentum
FisherExtreme prices
Bollinger BandsSupport/resistance

9. Risk Management​

Protection Layers​

Protection LayerFunction
Hard stop-loss-5%
Trailing stopProtect profits

10. Summary​

One-Line Rating​

"Momentum + Bollinger Bands combo!"


11. What Markets Does This Strategy Make Money In?​

Market Performance​

Market TypePerformance Rating
Reversal pointsExcellent
OscillatingPoor

12. Want to Run This Strategy?​

Configuration​

minimal_roi:
"0": 0.10
"60": 0.05
"180": 0.02

stoploss: -0.05

13. Final Warning ⚠️​

Risks​

Multi-indicator = possible lag!

My Suggestions​

1. Test with small money
2. Diversify investments
3. Set stop-losses

Remember: Combo ≠ Better! 🙏


Final Reminder: Test with small positions! 🙏