GG-Shot Indicator manual

1. Connecting and setting up

Go to "Indicators and Strategies" section, select the last "Invite-only scripts", click once on the indicator name:

2. Choose the strategy

Next, let's move on to setting the parameters of the indicator, to do this you need to click on the gear in the name of the indicator, then in the "Strategy" section choose a trading pair and a timeframe you are interested in.

3. Static TPs and Trailing SL activation

In the chart settings, go to the "Labels" tab, then select 2 points as shown in the picture below:

4. How to use, open/close a position

The GGSHOT indicator gives you entry points for Long or Short, Targets and Stop Loss right on the chart, you just enter the position and take profit on your exchange account.

The indicator has two types of Targets - three static Targets at the right where is the price, which are the reference points, and two dynamic Take Profits, which appear during the trade. Always put a limit Take Profit less than that specified in the signal for a few points.

When the "LONG" or "SHORT" signal appears and is subsequently fixed to the next candle, enter the position. After entering the position, set the TP indicated on the indicator. After the first TP is better to move the SL to at least break-even level:

5. The Midline

Often the price goes to the Midline (in this case is Red) after the signal, so keep some funds to increase the position or even open all position near the Midline, or use it for re-enter with SL after you closed position on TPs, this line is a Trend and the price often bouncing off from it:

6. Fibo Levels

Recommended for Traders with experience, this feature adds to the Midline additional fibo lines, which serve as support / resistance lines specified range, they can be used to enter the position, to increase the position, fix the position (in the direction of the signal) as well as trade between levels

7. Backtest panel

The panel shows the statistics of successful trades of any selected strategy shows % success rate of long/short and shows the % probability of reaching each target separately. Profit in the backtest panel is indicated without leverage.

8. Tips

Do not enter signals with more than 10% of the deposit, the recommended deposit size is 3-5% in a trade with 10x leverage.
Try to enter/exit by limit orders (not market orders), this way you will save a lot on commissions.
On weekends the accuracy is lower than on weekdays, so trade more accurately on those days with a less % of the deposit in the trade.
You can mix different timeframes settings on one chart, for example
BTCUSDT 15m + BTCUSDT 5m at one chart at one moment to navigate the situation better (for more experienced traders).

Detailed instructions for use - https://teletype.in/@ggtrading/2V4YndWCO75