Lorentzian Classification Walkthrough:
- Use the Lorentzian formula to calculate your buy and sell signals using 3 different dimensions of price/time.
- Set alerts on custom generated kernals for short and long signals.
Video 1:
Video 2:
Setting Alerts on Kernals
- The Lorentzian Classification indicator generates buy/sell signals called "kernals" based on three primary dimensions. It has options to exclude buy/sell kernals based on other parameters to achieve more percise signals.
- Alerts may be set to open or close positions based on various apects of the indicator.
Webhook example for opening a long position
{
"symbol": "BTCUSDT",
"side": "buy",
"entryOrderType": "market",
"leverage": 10,
"notifyDiscordChannel": false,
"minimumValue": 0,
"minimumAvailableBalancePercent": 0,
"extraStopLossMovePercent": 0,
"takeProfits": [
{
"percentToSell": 15,
"percentAboveOrBelowMarketPrice": 0.75,
"skipStopLossMove": false
},
{
"percentToSell": 25,
"percentAboveOrBelowMarketPrice": 1.85,
"skipStopLossMove": true
},
{
"percentToSell": 25,
"percentAboveOrBelowMarketPrice": 3,
"skipStopLossMove": false
},
{
"percentToSell": 15,
"percentAboveOrBelowMarketPrice": 5,
"skipStopLossMove": false
},
{
"percentToSell": 20,
"percentAboveOrBelowMarketPrice": 7,
"skipStopLossMove": true
}
],
"label": "LorentzianBotLong",
"marketStopLossPercent": 1.5,
"balancePercent": 3,
"maxEntriesPerLabel": 2
}
Webhook example for closing a long position
{
"symbol": "BTCUSDT",
"side": "buy",
"closeOrderType": "market",
"positionPercent": 100,
"label": "LorentzianBotLong",
"closeByLabel": true
}
Webhook example for opening a short position:
{
"symbol": "BTCUSDT",
"side": "sell",
"entryOrderType": "market",
"leverage": 10,
"notifyDiscordChannel": false,
"minimumValue": 0,
"minimumAvailableBalancePercent": 0,
"extraStopLossMovePercent": 0,
"takeProfits": [
{
"percentToSell": 15,
"percentAboveOrBelowMarketPrice": 0.75,
"skipStopLossMove": false
},
{
"percentToSell": 25,
"percentAboveOrBelowMarketPrice": 1.85,
"skipStopLossMove": true
},
{
"percentToSell": 25,
"percentAboveOrBelowMarketPrice": 3,
"skipStopLossMove": false
},
{
"percentToSell": 15,
"percentAboveOrBelowMarketPrice": 5,
"skipStopLossMove": false
},
{
"percentToSell": 20,
"percentAboveOrBelowMarketPrice": 7,
"skipStopLossMove": true
}
],
"label": "LorentzianBotShort",
"marketStopLossPercent": 1.5,
"balancePercent": 3,
"maxEntriesPerLabel": 2
}
Webhook example for closing a short position
{
"symbol": "BTCUSDT",
"side": "sell",
"closeOrderType": "market",
"positionPercent": 100,
"label": "LorentzianBotShort",
"closeByLabel": true
}
- Take note that these webhook messages are examples that provide a general framework. Be sure to edit the different parameters for take profits, leverage and all other options you wish to include.