BABI - Binance Altcoin Basis Indicator
This indicator works by taking the basis between various altcoin perpetual futures contracts and spot market indexes on Binance, and then smooths out the data with a basic moving average.
The result is a useful oscillator that shows potential "buy" and "sell" areas.
Simply put, a spot premium is usually bullish and a derivatives premium is usually bearish.
Other versions of this indicator only worked for BTC and ETH, so I have extended its functionality to include popular altcoin trading pairs.
USDT Trading pairs included in this version:
•BTC
•ETH
•LTC
•ICP
•SOL
•LUNA
•GRT
•ATOM
•ADA
•XRP
•ETC
•AVAX
Default setting is BTC. To choose a different oscillator, go to settings and pick your desired crypto.
Thanks for looking. I think you could create a pretty basic trading strategy based on this indicator by simply placing buy and sell orders once the oscillator rises or falls below certain thresholds.
**Credit to @chestbrook on Twitter and Pinnacle_Investor on TradingView
Binance Basis Oscillator ()
Altcoins
[Joy] AladdinDirectly used for entertainment purposes in figuring out the market trend:
Sell/bearish sign: I open a short position on the candle's close. I am bearish on the instrument.
Buy/bullish sign: I open a long position on the candle's close. I am bullish on the instrument.
Red circle: If I run a long position, I take at least 50% unrealized profit into a realized profit on the close candle. I might even convert some portion of the underlying spot into stable coins. I am essentially taking profit along the way as the trend is developing.
Green circle: If I am running a bearish short position, I take at least 50% unrealized profit into a realized profit on the candle's close. I am essentially taking profit along the way as the trend is developing.
Below are used for indications only:
Down Arrows: It is not directly used in opening/closing positions. When the down arrow finishes and the candle close, it sometimes indicates a local top. It does not mean the macro trend has changed.
Up Arrows: It is not directly used in opening/closing positions. When the up arrow finishes and the candle close, it sometimes indicates a local bottom. It does not mean the macro trend has changed.
Red Crosses: It indicates a squeeze may be incoming. When the red crosses finish, the price may move significantly in any one direction. It does not say which direction. It only gives me caution.
Experimental - Below Work in Progress may be from the config only:
>> Jasmine - Tweak of Aladdin
>> Candle color - Logic is different from Aladdin
>> Background color - Logic is different from Aladdin
FAQs
Q: Does it use some EMA /MA/Ichimoku/Parabolic SAR, etc? Does it use any indicator with tweaked settings?
Answer: No.
Q: What does it mostly use?
Answer: Volume and gradual flow of non-interrupted data. The logic depends on the correlation between volume , price bars and the wicks.
Q: Can you make it free or make it open source?
Answer: There is no free lunch in this world. I will never reveal or share the source code or make it free for all!
Q: Do you provide ongoing support for the indicator?
Answer: Yes, I will continue updating the indicator as long as I can. However it depends entirely on me. I may stop updating as well.
Q: Are the bullish /buy & the bearish /sell markers automatic?
Answer: Yes. I do not control it!
Q: Is this financial advice?
Answer: Any views expressed by the indicator are personal entertainment views & shouldn't form a basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions. It is not financial advice. I highly recommend not even think of using this for actual real-life trading with real money. Neither I nor the indicator is responsible for any misuses, including any profit/loss. There is no warranty on this entertainment product
Aggregated Perps Volume [daylad]Same thing as my aggregated spot volume indicator, but for crypto perpetual futures contracts ().
Works with any crypto chart! No need to manually update symbols, this indicator will detect if there is a matching symbol and add it automatically!
The price labels display the total volume per bar in USD.
Pulls data for the following pairs (when available):
BINANCE: + base_symbol + PERP
BINANCE: + base_symbol + BUSDPERP
BINANCE: + base_symbol + USDTPERP
OKEX: + base_symbol + USDTPERP
OKEX: + base_symbol + PERP
FTX: + base_symbol + PERP
PHEMEX: + base_symbol + USD
BYBIT: + base_symbol + USD
BYBIT: + base_symbol + USDT
DERIBIT: + base_symbol + PERP
HUOBI: + base_symbol + PERP
BTSE: + base_symbol + PFC
EXAMPLE -- If you're looking at the COINBASE:SOLUSD chart the indicator will automatically aggregate the volume from BINANCE:SOLPERP, FTX:SOLPERP...etc... BYBIT:SOLUSDT...etc... BTSE:SOLPFC. If an exchange does not have a corresponding pair, then that pair returns 0 and does not add to the total.
If you have any questions feel free to ask. Happy trading!
Aggregated Spot Volume [daylad]Works with any crypto chart! Automatically pulls and aggregates trading volume for the top stop pairs.
No need to manually update symbols, this indicator will detect if there is a matching symbol and add it.
Pulls data for the following pairs (when available):
COINBASE: + symbol + USD
COINBASE: + symbol + USDT
COINBASE: + symbol + EUR
BINANCE: + symbol + USDT
BINANCE: + symbol + BUSD
BINANCEUS: + symbol + USD
OKEX: + symbol + USDT
OKEX: + symbol + USDK
FTX: + symbol + USD
HUOBI: + symbol + USDT
BITFINEX: + symbol + USD
KRAKEN: + symbol + USD
KUCOIN: + symbol + USDT
CURRENCYCOM: + symbol + USD
POLONIEX: + symbol + USDT
UPBIT: + symbol + KRW
BITHUMB: + symbol + KRW
EXAMPLE -- If you are looking at the BINANCE:ADAUSDT chart, the indicator will automatically aggregate the volume from COINBASE:ADAUSD, COINBASE:ADAUSDT...etc... BINANCE:ADAUSDT...etc... BITHUMB:ADAKRW. If an exchange does not have a specific pair, then that pair returns 0 (does not add to the total).
If you have any questions feel free to ask. Happy trading!
altcoin strength This indicator measures the relationship between bitcoin and bitcoin dominance and creates a strength index for altcoins. Values above zero add strength to the rise, values below zero add strength to the decline.
bu indikatör bitcoin ve bitcoindominans arasındaki ilişkiyi ölçer ve altcoinler için bir güç endeksi oluşturur sıfırın üstündeki değerler yükselişe güç katar sıfırın altındaki değerler düşüşe güç katar
BTC Dominance TrendThis simple script applies the DMI/ADX (trend) indicator to the Bitcoin Dominance Index (BTC.D) to check whether BTC is increasing its dominance or not on that day. It is meant to be applied to altcoins on medium intervals. I put it together to test the following hypothesis: On days when BTC dominance is on the rise, altcoins are harder to take off, because Bitcoin is draining the lifeblood out of them, so caution is needed when opening trades.
Olive background means BTC dominance is rising on that day, purple that it is decreasing. White background means it is not moving significantly in any direction.
You can change the resolution (i.e. apply the DMI/ADX to a different BTC.D interval), just make sure to lower the threshold as well. I hope you find a good use for it! Beware if you try to incorporate it in your strategy, it uses higher timeframe data and hence is prone to repainting.
Altcoin vs. BTC SeasonUsing BTC dominance to identify BTC vs. Altcoin season.
Blue: BTC season
Gray: Altcoin season
Green: Altcoin at support - entry with good risk/reward
Red: Potential BTC downside risk
[astropark] Trend Skywalker V2 [alarms]Dear Followers,
today I'm glad to present you Trend Skywalker V2 , the evolution of Trend Skywalker V1 indicator that you can see here below:
This indicator works on every timeframe and market, it's quite responsive to market movements, so it's especially good on volatile markets.
In this new version you have 3 trend clouds available :
a short-term one (yellow)
a mid-term one (green)
a long-term one (blue)
You can also enable an option to show all trend clouds as one, the result will be similar to a special bollinger bands tool.
Of course you can edit trend clouds analysis period and color, also you can turn on or off the cloud that you prefer.
The indicator can run 4 different kinds of strategy : one for each trend cloud individually or a mixed one.
Also the indicator tracks for you a peak profit from entry: this tracker is a suggestion for you to take profits while price goes up!
All red-green circles you see in the chart is a reminder that a peak profit label was there in the past: what does this tell you?
if price starts losing the short-term trend and you had a lot of TP suggestions, maybe trend ended and you should start consider closing your trade before you give back all your profit.
This indicator will let you set alerts on each buy/sell/close/tp label.
For backtesting, you can use the indicator here below:
This is a premium indicator , so send me a private message in order to get access to this script.
[astropark] Trend Skywalker V2 [strategy]Dear Followers,
today I'm glad to present you Trend Skywalker V2 , the evolution of Trend Skywalker V1 indicator that you can see here below:
This indicator works on every timeframe and market, it's quite responsive to market movements, so it's especially good on volatile markets.
In this new version you have 3 trend clouds available :
a short-term one (yellow)
a mid-term one (green)
a long-term one (blue)
You can also enable an option to show all trend clouds as one, the result will be similar to a special bollinger bands tool.
Of course you can edit trend clouds analysis period and color, also you can turn on or off the cloud that you prefer.
The indicator can run 4 different kinds of strategy : one for each trend cloud individually or a mixed one.
Also the indicator tracks for you a peak profit from entry: this tracker is a suggestion for you to take profits while price goes up!
All red-green circles you see in the chart is a reminder that a peak profit label was there in the past: what does this tell you?
if price starts losing the short-term trend and you had a lot of TP suggestions, maybe trend ended and you should start consider closing your trade before you give back all your profit.
On backtesting you can you test long and short setups individually or both, as well as performance in a specific time window.
This is a premium indicator , so send me a private message in order to get access to this script.
Current to BTC [Morty]This indicator helps you find strong bull altcoin, it shows the ratio of the current symbol to BTC.
Donchian Channels help to identify trends.
Alts Bull coins:
When BTC goes sideway, they pump first.
Alts Bear coins:
When BTC goes sideway, they move sideway.
When BTC goes down, they go down harder.
Altcoin Bullrun Guide (4H) by CoinMonitorThis script helps navigate the bullish altcoin market and find the optimal entry points with pre-calculated stop orders. Trade entry is indicated by a gray plate, the stop order level is indicated by a green line. The stop order level must be moved behind the trade until a plate with the result of the trade appears (green - profit, red - loss). The script works optimally on a four-hour timeframe.
The trade will be exited if:
The price will fix below the trend moving line with two candles
The price will cross the stop order level
Crypto Scalper Divergence Macd Psar Ema 200This is a very efficient crypto scalper adapted to very short timeframes, however it can be optimized for other timeframes and assests as well.
Its components are
MACD
P SAR
EMA 200
Risk management
Rules for entry:
For short : we have an uptrend on PSAR , histogram is positive (divergence MACD) and close of a candle is below EMA 200
For long : we dont have an uptrend on PSAR, histogram is negative(divergence MACD) and close of a candle is above EMA 200
Rules for exit:
We exit when we either find a reverse condition than the entry one, or based on stop loss/take profit that are calculated on % movements of the price.
If you have any questions, let me know !
[Joy] Aladdin Long Trading Strategy 1.0.0 AlphaAladdin's Long trading strategy is to test out Aladdin for long trades only
This strategy is mainly used to test whether Aladdin is suitable for a coin/stocks/futures or for any trading. The profitability, average drawdown, average profits, etc are used by me to decide whether to use it for trading.
What is Aladdin and what does it do?
Using the volume and gradual flow of non-interrupted data (wicks and body of the candles), it tries to detect the macro condition of the market so that one may know in which direction the market is flowing.
* Bearish / Sell sign: On the candle's close, I open a short position
* Bullish sign: On the candle's close, I open a long position
* I take at least 50% profit when the indicator indicates to do so. One can configure that value as desired from the configuration depending on one's risk/money management. I might even convert some portion of the position into stable coins.
FAQ
Q: Does it use some EMA /MA/etc.? Does it use any indicator with tweaked settings?
Answer: No.
Q: What does it mostly depend on?
Answer: Volume and gradual flow of non-interrupted data. The logic depends purely on volume , price bars and the wicks.
Q: Does it work with all coins, stocks, futures, instruments?
Answer: I prefer to use the exchange with the best possible data. Then backtest out to find the best possible timeframe, stop loss and target all derived from this script data.
Q: Can you make it free or make it open source?
Answer: There is no free lunch in this world. I will never reveal or share the source code!
Q: Do you provide ongoing support for the indicator?
Answer: Yes, as long as I can, I will continue updating the indicator
Q: Are the bullish /buy & the bearish/sell markers automatic?
Answer: I have no control over the markers. It is driven purely by logic from the script.
Q: Is this financial advice?
Answer: This is not financial advice. I do not guarantee any profit or loss. I am not responsible for any of your losses or profits. My indicators do not assure profit or loss. It also does not auto-open or auto-close a trade.
Assumptions:
Only long trades are opened and closed. No short trades.
Starting Capital: $20,000
Order Size: 20% of Capital
Data used: Whatever data is available from 2011 till today on Trading view
Findings:
INDEX: BTCUSD 83% profitability using 2day tf
54 closed trades
Profit factor: 16
Sortino Ratio: 5.2
Average Winning Trade: 30%
Average Losing Trade: 9.12%
Largest Winning Trade: 1218%
Largest Losing Trade: 20.25%
Below are the profitability rate for the timeframe and the coins listed as found by running the trading strategy over the following as of today (Aug 1st 2021 12:40 pm Sydney Time).
⚜️ INDEX:BTCUSD 83% using 2day tf
⚜️INDEX:ETHUSD 80% using 1day tf
⚜️FTTUSD 81% using 2day tf
⚜️SRMUSD 71% using 1day tf
⚜️ADAUSDT 81% using 2day tf
⚜️ALGOUSD > 90% using 2day tf
⚜️ALTPERP 81% using 2day tf
⚜️AVAXUSDT 75% using 1day tf
⚜️BANDUSD > 90% using 2day tf
⚜️BCHUSD 82% using 2day tf
⚜️BNBUSD 79% using 1day tf
⚜️BNBUSD 85% using 2day tf
⚜️CHZUSD 71% using 1day tf
⚜️COMPUSD 81% using 1day tf
⚜️DOGEUSD 77% using 1day tf
⚜️EXCHPERP 83% using 1day tf
⚜️FILUSD > 90% using 1day tf
⚜️FTMUSD 70% using 2day tf
⚜️HTUSDT 75% using 2day tf
⚜️KINUSD >90% using 2day tf
⚜️LINKPERP 85% using 2day tf
⚜️LTCUSD 80% using 2day tf
⚜️MATICUSD 77% using 2day tf
⚜️NEOUSD 80% using 1day tf
⚜️NEXOUSD > 90% using 1day tf
⚜️OKBUSD 71% using 1day tf
⚜️OMGUSD 75% using 1day tf
⚜️RSRUSD 87% using 1day tf
⚜️RUNEUSD > 90% using 1day tf
⚜️SHITPERP > 90% using 1day tf
⚜️SOLUSD 84% using 1day tf
⚜️SUSHIUSD 71% using 1day tf
⚜️THETAUSD > 90% using 2day tf
⚜️UNIPERP 83% using 1day tf
⚜️VERTPERP > 90% using 1day tf
⚜️XAUUSD 63% using 2day tf
⚜️XTZUSD 83% using 2day tf
⚜️ZECUSD 72% using 2day tf
Disclaimer:
No one knows what will happen in the future. DYOR and decide on your own conditions. Do realize that neither I nor my indicator can guarantee any profit or loss. And there is no assurance that any trade will ever result in any profit. It is not financial advice.
[Joy] Aladdin (1.0.0 Alpha)Explanation of the markers in the indicator
* Bearish / Sell sign: On the candle's close, I open a short position
* Bullish sign: On the candle's close, I open a long position
* Red circle: On the candle's close, I take at least 50% unrealized profit into a realized profit of any running long leverage position. I might even convert some portion of the position into stable coins.
* Green circle: On the candle's close, I take at least 50% unrealized profit into a realized profit of any running short leverage position. I might even convert some portion of the position into stable coins.
* Down Arrows: When the down arrow finishes and the candle close, I put a tighter stop loss of any running long leverage position. It sometimes indicates the local top.
* Up Arrows: When the up arrow finishes and the candle close, I put a tighter stop loss of any running short leverage position. It sometimes indicates the local bottom.
* Purple candle: Weakly bullish.
* Green candle: Strongly bullish
* Red candle: Strongly bearish
* Yellow candle: Weakly bearish
FAQ
Q: Does it use some EMA /MA/etc.? Does it use any indicator with tweaked settings?
Answer: No.
Q: What does it mostly depend on?
Answer: Volume and gradual flow of non-interrupted data. The logic depends purely on volume, price bars and the wicks.
Q: Does it work with all coins, stocks, futures, instruments?
Answer: I prefer to use the exchange with the best possible data. Then backtest out to find the best possible timeframe, stop loss and target all derived from this script data.
Q: Can you make it free or make it open source?
Answer: There is no free lunch in this world. I will never reveal or share the source code!
Q: Do you provide ongoing support for the indicator?
Answer: Yes, as long as I can, I will continue updating the indicator
Q: Are the bullish /buy & the bearish /sell markers automatic?
Answer: I have no control over the markers. It is driven purely by logic from the script.
Q: Is this financial advice?
Answer: This is not financial advice. I do not guarantee any profit or loss. I am not responsible for any of your losses or profits. My indicators do not assure profit or loss. It also does not auto-open or auto-close a trade.
Note:
The Aladdin has been derived from the Super Algorithm Indicator. I have depreciated the Super Algorithm Indicator I have automatically migrated every user to Aladdin, who had Super Algorithm Indicator. One should not use the SA indicator. One should start using this indicator instead.
Version 1
A derived version of Super Algorithm Indicator with optimized code (uses arrays, removes few warnings in the code, makes code more reusable) so that I can add further features in the future. A few new coding features in the pine script encouraged me to go for this version. Since the codebase has been revamped, it made sense for me to make it a new indicator. have also changed a small parameter that is configurable at the moment. Previously it was valued at 26. Now I am putting value at 21.
Aggregated Volume Colored (Bitcoin, ETH, Altcoins, everything)BITSTAMP:BTCUSD
This indicator aggregates trading volume data of up to 10 symbols and can display the individual data by color.
It is useful for assets which are traded on multiple exchanges, like cryptocurrencies, commodities, forex and derivatives showing you what is happening across the market and on the individual exchanges to give you beter insights.
You can change the symbols from which the indicator gathers data in the settings under inputs, just like the colors, and you can add a moving average.
By default trading volume is aggregated from the following symbols:
Binance, BTC /USDT
Binance, BTC /BUSD
Bingbon, BTC /USD
Huobi, BTC /USDT
OkeX, BTC /USDT
Coinbase, BTC /USD
Bitfinex, BTC /USD
Gemini, BTC /USD
Kraken, XBT/USD
Bitstamp, BTC /USD
Binance Futures BasisCONCEPT
The futures basis for multiple coins based on the Binance coin margin quarterly futures contracts.
If you need a run down of what the futures basis is, check out this short educational post (click on the chart):
In short: the futures basis is the premium at which futures contracts are trading compared to the spot market.
FEATURES
Futures basis for the following coins:
BTC
ETH
LTC
BNB
ADA
DOT
BCH
LINK
There's also an average futures basis which is an average premium of all the coins I just listed.
As you can see there's also a zero line which you can turn on in the settings.
This is quite useful for when the futures start trading in or close to backwardation.
It's possible to show all the premiums at the same time.
This makes it easy to look for outliers.
You can choose the candle source too.
By default it's set on "close" which probably makes the most sense.
All data will be based on candle closes.
However if you're looking at higher timeframes sometimes crucial info is lost when you keep it on "close".
As you can see in this BTC futures basis example with "close" as a candle source you don't seen anything peculiar even though there were two violent liquidation cascades that temporarily had a huge impact on the futures basis.
If you then select "ohlc4" for example which uses an average value of each candle you can clearly see the impact that those drops had.
Basically when you're looking at most recent data I prefer candle close, but when looking at higher timeframes for historic data the ohlc4 option is more useful.
At the time of publishing this indicator it's using the September quarterly futures contracts (which is the closest expiration).
I'll update this every time the expiration happens.
However, in the settings you'll find the code for these futures contracts.
If you want to take a look at the next expiration for example, which is December right now, you can just fill in the Binance code of those contracts and it'll re-calculate everything and print the futures basis for the December futures.
This way you can also update the indicator yourself each time contracts expire (to make sure the indicator keeps working just in case I were to disappear or something).
The code for the current (September) contracts is U2021.
The code for the next expiration (December) is Z2021.
This will become out dated of course.
TRADING
You can find more info on how it's useful for trading in the educational post I linked.
Some short notes...
This premium works very similar to the perpetuals basis or funding.
Simply put a high premium could be a sign that the market is overbought and a very low premium could be a sign that the market is oversold.
Backwardation (below 0) is very rare and usually only happens after a violent crash. Historically those are good buying opportunities.
Divergences also often work really well.
If you want access send me a private message so we can discuss it.
Cheers.
Binance Premium IndexCONCEPT
An indicator with official Binance premium index data for BTC and a bunch of altcoins.
The premium index is based on the difference in price between the perpetual swap contract last price and the price of a volume weighted spot index.
Simply put: it shows you for each coin whether the spot market is trading higher than the Binance perp or not.
FEATURES
Premium index for:
BTC
ETH
LTC
BNB
ADA
DOGE
DOT
UNI
SOL
LINK
There's also an average premium based on the premiums of all these coins combined.
You can also choose in the settings to display all the premiums at the same time.
This makes it easy to find outliers.
There are two extra features that need some explaining.
First of all: the clamp.
It doesn't happen often, but sometimes as a result of massive liquidation cascades there's temporarily a huge spot premium (or derivs premium, but usually spot premium).
In such a scenario the value of the premium dwarfs all other historical data and the indicator becomes nearly unreadable.
The clamp option allows you to put a cap on how extreme the values can get so that the indicator becomes easier to read again.
In the settings you can also change what you want the max value to be.
When you select the option that shows all premiums you'll definitely run into this problem as well.
But you can put a clamp on these too.
The second option is more straight forward: smoothing.
The premium can sometimes be a bit all over the place. It's possible to display the data as a smoothed moving average.
Here's an example of the raw data of the global average premium.
Now with smoothing. Looks a lot more clean.
TRADING
This premium index data is what the funding rate is based on.
Thus it has a direct impact on the perpetual swap contract.
If there's a spot premium (negative values in green) funding will be negative and shorts will have to pay longs.
If there's a derivatives premium (positive values in grey) funding will be positive and longs will have to pay shorts.
Simply put, a spot premium is usually bullish and a derivatives premium is usually bearish.
A lot of people look at this stuff when it comes to bitcoin, but for altcoins it's also definitely relevant.
So here's an indicator with the premium index for 10 different coins.
I don't use more than 10 coins because otherwise the indicator will become very slow.
If you want access to the indicator send me a private message so we can discuss it.
Cheers.
[JRL] Multi-Symbol Strength TrackerI created this script to compare cryptocurrencies that tend to be correlated, but it could also be used for forex or any other market. It is a fairly simple concept and compares price of each symbol to the specified period ema. This is helpful for tracking highly correlated symbols and visualizing moments when they are out of sync, perhaps signaling good times for buying or selling.
Alt RSI Cor [Auto] [Intromoto]This. script shows when the altcoin you're charting is above its own 50 level on the rsi, and its corresponding rsi 50 level on it's BTC and ETH pair.
Generally, while the rsi is above 50, price is more likely to increase, conversely when the rsi is below 50.
For example, if I'm on the BINANCE:NEARUSDTPERP chart, the bars will change green when the BINANACE:NEARUSDTPERP rsi is above 50, the BINANCE:NEARBTC rsi is above 50, and the BINANCE:NEARETH rsi is above 50.
This currently only works properly while on Binance USDTPERP charts, and newer pairs may not be included in the script yet. If you're on another chart the barcolors will default to BINANCE:BTCUSD.
Thanks
Crypto Tripple RSIGives an ability to compare 3 RSIs:
current altcoin + BTC (e.g. ADABTC) - green by default
current pair (e.g. ADAUSDT) - blue by default
BTC (e.g. BTCUSDT) - yellow by default
It helps to understand the cause of price change - whether BTC provokes price change or not. Also it shows performance of an altcoin - the bigger gaps between RSIs, the stronger (RSI of BTC is on the bottom)/ weaker (RSI of BTC is on the top) altcoin is.
Patient Volatility SniperThis strategy waits for moments of high volatility where an asset is significantly overbought/oversold and makes very short trades.
When the indicator line spikes, it means the script sees a "window of opportunity." However, it will only enter a position if the underlying oscillators are overbought/oversold as determined by the threshold you set.
It does not produce a particularly gaudy net profit compared to many other strategies and can go weeks without making a trade. However, since the win/loss ratio tends to be consistently favorable (based on backtests: see below) it may be useful as a supplement to more "active" trading strategies.
I backtested it over the last year or so with a handful of different altcoins (specifically: ETH, ADA, DOT, XLM, VET, ZEC, and OMG), and it seems fairly robust. Please keep in mind that past results do not guarantee future success. Feel free to confirm the backtesting for yourself, especially as it may change in the future after this was written.
USAGE NOTE: If you have access to custom timeframes on tradingview, I strongly recommend using this strategy on charts in the range of 10m to 12m. In practice, there's not much of a difference, but I did optimize it for those slightly shorter timeframes. There are a handful of tickers for which it does not seem to work very well once you go up to 15m (notably, as of the time of publishing, DOGE).
Commission fee included because not doing so is unrealistic.
MA Emperor insiliconot StrategyConverted EmperorBTC's EMA crossover indicator for easy backtesting and added ability to:
Specify time period for backtesting
Specify order quantity
Toggle original indicators (default off)
Quoting EmperorBTC:
Entry is to be made when the
1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over
2. When the Heikin Ashi turns green and the next green HA candle goes above the previous green HA candle.
3. The price should be at-least above the 0.236 Level from the Swing high.
Kindly note that the strategy only attempts to do check number 1, where it ensures the entry opens above the cross-over.
MA Strategy Emperor insiliconotThe Script offers 9 different EMAs with 14 different MA types.
The make use of the script is to find the entry on the 1-4 hour altcoins while using the in-built 13/21 crossover strategy to be used in sync with Heikin Ashi cross-over with Fib levels of 0.236 Fib level.
How to use it.
Entry is to be made when the
1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over
2. When the Heikin Ashi turns green and the next green HA candle goes above the previous green HA candle.
3. The price should be at-least above the 0.236 Level from the Swing high.
All the Best.
EmperorBTC
