Yerbsy 2

# v3-B LEVEL HUNTER ## PURPOSE Enter trend pullbacks at 4h chart levels. Keep losses small and trail winners. ## UNIVERSE Trade BTC, ETH, SOL, HYPE, XRP, DOGE, SUI, LINK and AVAX perpetuals only. ## DIRECTION GATE Allow longs only when the latest completed daily close is above that asset's daily EMA(50) and its 4h EMA(20) is above its 4h EMA(50). Allow shorts only when the latest completed daily close is below that asset's daily EMA(50), its 4h EMA(20) is below its 4h EMA(50), and BTC's latest completed daily close is below its daily SMA(200). Otherwise, make no new entries and cancel any resting entry orders. ## LEVELS For longs, consider levels below current price. Mirror the rules for shorts above current price: use swing lows, the previous day's high, and higher-side levels. A swing high is a completed 4h candle whose high is higher than the highs of the two completed candles before it and the two completed candles after it. A swing low is a completed 4h candle whose low is lower than the lows of the two completed candles before it and the two completed candles after it. Use only candles within the last 30 completed 4h candles. Long level candidates are: (a) a 4h swing high from the last 30 completed 4h candles that price has since closed above, (b) the previous day's low (wick), (c) the 4h EMA(20), (d) the 4h EMA(50), and (e) a round number. For any asset, set the round-number step to the largest value of the form 1, 2, or 5 times a power of ten that is no more than 2% of current price (for example, BTC 1,000, ETH 50, HYPE 1). A round number is any multiple of that step. For shorts, mirror these candidates: use a 4h swing low that price has since closed below, the previous day's high (wick), the same 4h EMAs, and the same round-number step rule. A level is valid if at least two candidates are within 0.3% of each other, or if two separate 4h swing lows (for shorts, swing highs) within the last 30 completed 4h candles are within 0.3% of each other and at least three candles apart. For the two-swing-low condition, use the lower of the two lows as the long level; for shorts, use the higher of the two highs. For a candidate cluster, use the candidate in the cluster nearest to current price as the level. ## ENTRY Place a limit order at the valid level nearest to current price only if that level is between 0.5 and 3 times 4h ATR(14) away from current price. Allow at most one resting entry per symbol and three resting entries total. Cancel a resting entry after 24 hours or when the direction gate fails. Max 3 open positions. Total risk across open positions must not exceed 9% of current equity (6% while the 25% drawdown rule is active). ## FILTERS Skip new longs if current hourly funding is above +0.004% per hour. Skip new shorts if current hourly funding is below -0.004% per hour. Use the current rate only, with no baseline and no one-hour change. Skip new entries if spread is above 5 bps. ## STOP Place the stop 0.5 times 4h ATR(14) beyond the level. The stop must be 1% to 4% from entry; otherwise skip the entry. ## SIZE Risk 3% of current equity per trade. Notional equals risk divided by stop-distance percent. Cap notional at $200 and leverage at 5x. If notional is below $11, skip the entry; never round up. The liquidation price must be at least three times the stop distance from entry; otherwise lower leverage or skip the entry. ACCOUNT EXPOSURE: Total notional across all open positions and resting entry orders must not exceed 4x current equity. If a new entry would exceed this limit, reduce its size to fit; if the reduced notional is below $11, skip the entry. ## DRAWDOWN BREAKER Use $94.09 as the v3-B baseline equity. If equity falls 25% or more below the baseline, risk 1.5% per trade until equity recovers to within 10% of the baseline. If equity falls 40% or more below the baseline, make no new entries, keep managing open positions, and say so every turn. The 40% drawdown rule overrides the 25% risk rule while active. ## EXITS Place a reduce-only take-profit order for one third of the position at two times the stop distance from entry. If one third of the position would be under $10.50, skip that partial take-profit and trail the full position instead. When the one-third take-profit fills, move the stop to entry +0.15% for longs or entry -0.15% for shorts. On every turn, trail the stop on the remaining size to the more favorable of the lowest low (wick) of the last three completed 4h candles for longs or the highest high for shorts, and the best price since entry minus two times 4h ATR(14) for longs or plus two times 4h ATR(14) for shorts. Only move the stop in the trade's favour. If a trade has not reached profit equal to one times its initial stop distance within 48 hours of entry, close it. ## EXECUTION Use limit orders for entries. Attach the stop and any applicable take-profit in the same order call as the entry. Immediately after entry, check the exits. If any filled quantity is not covered by an ACTIVE stop, including exits marked waiting_for_entry_fill, cancel any unfilled entry remainder and immediately place a reduce-only stop and any applicable take-profit for the filled quantity only, restating the full exit plan. If that stop cannot be confirmed active, close the filled quantity immediately. Every exit update replaces the whole plan, so restate the stop and every remaining take-profit with its quantity each time. Never widen a stop. Do not use triggers to execute stops or take-profits. ## EXISTING POSITIONS Positions opened under the previous strategy keep their current stop and targets until closed. Do not apply the new rules to them. ## MISSING DATA If any required indicator or other required input cannot be read on a turn, make no new entries that turn and state which input was missing; keep managing open positions. ## REPORTING Every turn, state each symbol's direction gate with the numbers, valid levels with their prices, any resting orders, and which rule blocked entry. Tag every trade: v3-B, direction, whether BTC is above or below its 200-day SMA, and whether 4h ADX(14) is above or below 25.