Jotaro Strategy

Jotaro Strategy

Jotaro Strategy analyzes each candlestick to determine potential market sentiment. It assigns a score of +1 for bullish indications and -1 for bearish indications. This difference is called the 'score level'.

Jotaro Strategy calculates key mathematical values derived from the chart. It also analyzes key indicator values from higher timeframes and historical statistical data to estimate the probability of a winning trade. When all conditions are met, the strategy opens a position and sets predetermined take-profit and stop-loss levels.

You can enable or disable strategies and view their historical backtest results to evaluate performance.

Some strategies using score levels allow you to adjust parameters for personalized trading.

Jotaro Strategy provides trading signals based on 3-minute timeframes.

Note: We recommend that you use the XAUUSD chart from OANDA, which displays 3 decimal places. This enhances the precision of the indicator and strategy algorithm calculations. 

See the setup instructions here: How to set up Jotaro Strategy

A guide to indicator symbols on trading charts.

	The price is breaking high
	The price is breaking low
	Preparation for opening short positions
	Preparation for opening long positions
	The long score is greater than the short score.
	The short score is greater than the long score.
	Reset the long score and the short score to zero
	The stochastic on the 1-hour chart is oversold
	The stochastic on the 1-hour chart is overbought
	Supply type A
	Supply type B
	Demand type A
	Demand type B
	Entry long
	Entry short
	Entry price  TP/SL (USD)  Number of candlesticks after entering a position
	Profit/Loss TP/SL price