QFL (Quickfingers Luc) is a trading strategy that identifies price support levels, known as "bases," and looks for potential dead cat bounces to open trades.
Important Note!
This strategy is ONLY for LONG trading and is not designed for short positions.
How QFL Works
The strategy detects bases where the price has historically found support.
After a price drop below the base, the bot anticipates a bounce and starts opening new trades.
This follows the dead cat bounce model, where a temporary price recovery occurs after a sharp decline.
QFL Strategy Customization
Drop Percentage (Base Drop %): The bot will wait until the price drops a specific percentage below the base before opening a new trade.
Example: If set to 3%, the bot waits for the price to drop 3% below the base before executing a trade.
Lower Drop = Fewer Trades: The higher the required price drop, the less frequently new trades will open.
Available QFL Algorithms
Algorithm | Description |
Original | Uses 1H candles and open & close prices. |
Day Trading | Uses 1H candles, waits for lower drops. |
Conservative Trader | Uses 2H candles, waits for even lower drops. |
Position Trader | Uses 4H candles, waits for the lowest possible drop. |
View History of QFL Signals
Click the name of a DCA bot that uses a QFL signal from the My Bots page and you’ll open its settings and performance stats.
At the Trade Start condition section, click the “History of QFL Signals” link.
This link shows all QFL signals received by 3Commas.
It’s especially useful to:
Check whether QFL signal delivery has stopped for any of your exchanges
Troubleshoot delays or inactivity in bot behavior
Confirm that QFL signals are still being received normally
Learn More
For a full explanation of the QFL strategy and how it works, check out these resources:
Quickfingers Luc’s Steemit page: https://steemit.com/@quickfingersluc
Happy trading! 🚀