Three White Soldiers

three white soldiers risk profile aggressive, speculative & income trade strategy market lower by 50% from 52 week high with prices bottoming the golden cross is a classic trading signal used to trade market bottoms the key component of the strategy is when the 50 day moving average crosses above the 200 day moving average it is a popular technical indicator in stock trading, mainly used to invest in markets that have been in a bear market but are showing signs of bottoming this strategy is driven by a market that has sold off by at least 50% from its 52 week high, long term trend looks lower, but the shorter term outlook is improving as the price is now above the 26 day ma and the three white soldiers pattern has emerged—which is japanese candlestick bottoming pattern that appears after a sharp downtrend three white soldiers options strategies/bot group pure golden cross options strategies/bot group three white soldiers bots three white soldiers bottrading navigate to "bot trading" or click on "search bots" from the drop down menu bots in this case, we have two bots under the “three white soldiers” bot strategy three white soldiers long call 50/30/10 butterfly https //www optioncircle com/bot/3whitesold buttfly three white soldiers – leaps https //www optioncircle com/bot/3whitesoldier leap three white soldiers bot workflow three white soldiers bot rules trading strategies time create a schedule for the bot to run daily, weekly, or monthly equity pre screen technical preferences and import them directly into the bots consider the following criteria three white soldier price below 200 ma price above 26ma price > $10 price 50% below 52 week high decision (technical indicator) added additional real time or historical market or technical indicators as needed to optimize the performance or minimize losses open position example execute a put spread, butterfly & leaps set delta at 40/20 (mid price bid price) ensure open interest is greater than 50 close order (oco) close the position if profit exceeds 75% loss exceeds 50% within 2 days before the expiry