Neural Network Proxy Strategy Alt by NHBprod

anteontem

Hey, this is a trading strategy I’ve been working on. It uses a combination of three technical indicators: Bollinger Bands (to measure price volatility), Average True Range (ATR, to gauge price movement range), and Chaikin Money Flow (CMF, to check the flow of money in and out of an asset). The script normalizes each of these indicators which is essentially a simplified version of machine learning to create a single combined score, which is kind of like a neural network proxy. If this score goes above 0.5, it signals a potential buy, and if it goes below -0.5, it signals a potential sell. It’s pretty cool because you can tweak the weights of each indicator to suit different market conditions. It even plots the combined score on the chart to help visualize the signals!

This strategy is built for Bitcoin specifically, and it's applied on the 3 hour chart. Check out the results yourself. If you traded this strategy using Long only, then it yielded a staggering ~3% per trade, and there are hundreds of trades in this dataset!

Commission and slippage are included by the way!

If you want to trade this strategy in real time, I also have a pairing indicator script, and you can easily right click on the chart to create a 'buy' alert or a 'sell' alert that can be sent directly to your phone, or email. You can also set it up so that it sends a message to your trading broker so that it automatically purchases and sells based on this strategy. If you'd like help setting that up, let me know!