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CO Strategy Templates

  1. CO + Trend Filter — Volume confirmation in trending markets
  2. CO + RSI — Volume + momentum confluence
  3. CO + EMA — Volume trend with price direction

Strategy 1: CO with Trend Filter

Overview

Use CO signals filtered by ADX trend strength for directional trades.

When This Works Best

  • Trending markets
  • 4H to 1D timeframes

Algorithm Configuration

SettingValue
TypeBOTH
Position Size45% of equity (REL)
Order TypeMARKET
TimeoutCOOLDOWN_ONLY, 3 bars

Long Entry Conditions

GroupIndicatorSignalThreshold
RequiredCOco_above_zero0
RequiredADXadx_above_threshold25

Long Exit Conditions

SettingValue
RequiredCO · co_below_zero
Stop Loss5% (REL), trailing
Take Profit10% (REL)

Short Entry Conditions

GroupIndicatorSignalThreshold
RequiredCOco_below_zero0
RequiredADXadx_above_threshold25

Short Exit Conditions

SettingValue
RequiredCO · co_above_zero
Stop Loss5% (REL), trailing
Take Profit10% (REL)

Recommended Parameters

IndicatorParameterValueNotes
COPeriod14 barsStandard
ADXThreshold25Trend filter

Strategy 2: CO + RSI Confluence

Overview

Combine CO with RSI extremes for higher-conviction entries.

When This Works Best

  • Markets with periodic pullbacks
  • 1H to 4H timeframes

Algorithm Configuration

SettingValue
TypeBOTH
Position Size35% of equity (REL)
Order TypeMARKET
TimeoutREGULAR, 2 bars

Long Entry Conditions

GroupIndicatorSignalThreshold
RequiredCOco_above_zero0
RequiredRSIrsi_below_threshold35

Long Exit Conditions

SettingValue
RequiredRSI · rsi_above_threshold · 60
Stop Loss4% (REL)
Take Profit8% (REL)

Short Entry Conditions

GroupIndicatorSignalThreshold
RequiredCOco_below_zero0
RequiredRSIrsi_above_threshold65

Short Exit Conditions

SettingValue
RequiredRSI · rsi_below_threshold · 40
Stop Loss4% (REL)
Take Profit8% (REL)

Recommended Parameters

IndicatorParameterValueNotes
COPeriod14 barsStandard
RSIPeriod14Momentum

Strategy 3: CO + EMA Direction

Overview

Use EMA for trend direction and CO for entry timing.

When This Works Best

  • Trending markets with clear direction
  • 4H to 1D timeframes

Algorithm Configuration

SettingValue
TypeBOTH
Position Size40% of equity (REL)
Order TypeMARKET
TimeoutCOOLDOWN_ONLY, 5 bars

Long Entry Conditions

GroupIndicatorSignalThreshold
RequiredCOco_above_zero0
RequiredEMAprice_above_ema

Long Exit Conditions

SettingValue
RequiredEMA · price_below_ema
Stop Loss5% (REL)
Take Profit10% (REL)

Short Entry Conditions

GroupIndicatorSignalThreshold
RequiredCOco_below_zero0
RequiredEMAprice_below_ema

Short Exit Conditions

SettingValue
RequiredEMA · price_above_ema
Stop Loss5% (REL)
Take Profit10% (REL)

Recommended Parameters

IndicatorParameterValueNotes
COPeriod14 barsStandard
EMAPeriod20 barsDirection

  • Test CO with and without: Measure if volume confirmation improves results
  • Compare volume indicators: See which provides unique value