Combo Backtest 123 Reversal & High and Low Levels This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This script shows a high and low period value.
Width - width of lines
SelectPeriod - Day or Week or Month and etc.
LookBack - Shift levels 0 - current period, 1 - previous and etc.
WARNING:
- For purpose educate only
- This script to change bars colors.
Osciladores
Stochastic MultiTimeStochastic MultiTime
You can add upto 4 Stochastic Timeframes, eg view 1hr, 4hr, 1 day amd a week all at the same time.
As there are so many lines the back will change to let you know if K is above D
Hope you like, if so please click the like button.
Free to use but code is locked.
If you would like to be kept up to date please FOLLOW us and try our indicators and strategies here: uk.tradingview.com
Guerilla Fear/Greed Index StrategyThis strategy combines NAAIM Exposure Index and the Equity Put/Call Ratio into Fear/Greed Index that oscillates between 0 and 100.
It smooths all of these values and enters a trade when Fear reaches a certain threshold and exits when Greed reaches a certain threshold.
I don't really know if this is a great indicator or not, but the results on various indexes are pretty good, especially NASDAQ:TQQQ .
Was inspired by the knowledge gained following RolandoSantos .
Combo Backtest 123 Reversal & High Low Bands This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
As the name suggests, High low bands are two bands surrounding the underlying’s
price. These bands are generated from the triangular moving averages calculated
from the underlying’s price. The triangular moving average is, in turn, shifted
up and down by a fixed percentage. The bands, thus formed, are termed as High
low bands. The main theme and concept of High low bands is based upon the triangular
moving average.
WARNING:
- For purpose educate only
- This script to change bars colors.
Ichimoku with MACD/ CMF/ TSI This is a strategy made from ichimoku cloud , together with MACD, Chaiking Money FLOW and True Strenght Index.
It can be adapted to any timeframe and any type of financial markets.
The idea behind its very simple,
We combine the long / short strategy from ichimoku, like cross between lines and below/above cloud together with histogram from MACD for positive/negative level. We use the same criteria for TSI and CMF, to check if its above or below 0 level.
Based on that we have a long or a short entry. The exit happens when the next options triggers, like for example we had long signal, we exit when we receive the short signal and viceversa.
It can be adapted with a risk management to apply a tp/sl level.
For any suggestion or details , let me know.
Ultimate multi-indicator strategy and script- AlphaNHBI created this to be the best multi-indicator strategy, with a matching alert script. This script is ideal for beginners, as well experienced traders who need direct indicators without any of the flashy unnecessary features. This script gets right to the point.
This strategy code was designed for the best mixture of most common indicators, allowing the user to mix and match any indicator he/she chooses. You are able to use sell signals that are either take profits and sell signals, or you are able to use the sell signals of one, or more indicators, OR you can use both (sell signals of indicators AND take profits and stop losses.)
Buying indicators allow you to use the MACD , stochastics, RSI , moving average, fibonacci, t3, Bollinger bands , fractals, and more.
This script works on anything with a chart. It can be applied to crypto, stocks, bonds, forex, etc.
If you would like the script that matches this strategy so that you can do REAL TRADING with LIVE TIME ALERTS, please DM me.
If anyone has suggestions on how to make this better, let me know! This is a growing script that I am building to be universally solid through different markets and through different market conditions!
The details of this backtest are the following:
Initial Capital: 5000
Order Size: 25%
Pyramiding: 10 (although, I don't usually use pyramiding myself, and you don't need to and you will still be largely profitable, by pyramiding definitely helps with smoothing results.)
Commission: 0.1% to match Binance fees
Combo Backtest 123 Reversal & High - EMA Strategy This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
This indicator plots the difference between the High (of the previous period)
and an exponential moving average (13 period) of the Close (of the previous period).
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
It buy if indicator above 0 and sell if below.
WARNING:
- For purpose educate only
- This script to change bars colors.
888 BOT #backtest█ 888 BOT #backtest (open source)
This is an Expert Advisor 'EA' or Automated trading script for ‘longs’ and ‘shorts’, which uses only a Take Profit or, in the worst case, a Stop Loss to close the trade.
It's a much improved version of the previous ‘Repanocha’. It doesn`t use 'Trailing Stop' or 'security()' functions (although using a security function doesn`t mean that the script repaints) and all signals are confirmed, therefore the script doesn`t repaint in alert mode and is accurate in backtest mode.
Apart from the previous indicators, some more and other functions have been added for Stop-Loss, re-entry and leverage.
It uses 8 indicators, (many of you already know what they are, but in case there is someone new), these are the following:
1. Jurik Moving Average
It's a moving average created by Mark Jurik for professionals which eliminates the 'lag' or delay of the signal. It's better than other moving averages like EMA , DEMA , AMA or T3.
There are two ways to decrease noise using JMA . Increasing the 'LENGTH' parameter will cause JMA to move more slowly and therefore reduce noise at the expense of adding 'lag'
The 'JMA LENGTH', 'PHASE' and 'POWER' parameters offer a way to select the optimal balance between 'lag' and over boost.
Green: Bullish , Red: Bearish .
2. Range filter
Created by Donovan Wall, its function is to filter or eliminate noise and to better determine the price trend in the short term.
First, a uniform average price range 'SAMPLING PERIOD' is calculated for the filter base and multiplied by a specific quantity 'RANGE MULTIPLIER'.
The filter is then calculated by adjusting price movements that do not exceed the specified range.
Finally, the target ranges are plotted to show the prices that will trigger the filter movement.
Green: Bullish , Red: Bearish .
3. Average Directional Index ( ADX Classic) and ( ADX Masanakamura)
It's an indicator designed by Welles Wilder to measure the strength and direction of the market trend. The price movement is strong when the ADX has a positive slope and is above a certain minimum level 'ADX THRESHOLD' and for a given period 'ADX LENGTH'.
The green color of the bars indicates that the trend is bullish and that the ADX is above the level established by the threshold.
The red color of the bars indicates that the trend is down and that the ADX is above the threshold level.
The orange color of the bars indicates that the price is not strong and will surely lateralize.
You can choose between the classic option and the one created by a certain 'Masanakamura'. The main difference between the two is that in the first it uses RMA () and in the second SMA () in its calculation.
4. Parabolic SAR
This indicator, also created by Welles Wilder, places points that help define a trend. The Parabolic SAR can follow the price above or below, the peculiarity that it offers is that when the price touches the indicator, it jumps to the other side of the price (if the Parabolic SAR was below the price it jumps up and vice versa) to a distance predetermined by the indicator. At this time the indicator continues to follow the price, reducing the distance with each candle until it is finally touched again by the price and the process starts again. This procedure explains the name of the indicator: the Parabolic SAR follows the price generating a characteristic parabolic shape, when the price touches it, stops and turns ( SAR is the acronym for 'stop and reverse'), giving rise to a new cycle. When the points are below the price, the trend is up, while the points above the price indicate a downward trend.
5. RSI with Volume
This indicator was created by LazyBear from the popular RSI .
The RSI is an oscillator-type indicator used in technical analysis and also created by Welles Wilder that shows the strength of the price by comparing individual movements up or down in successive closing prices.
LazyBear added a volume parameter that makes it more accurate to the market movement.
A good way to use RSI is by considering the 50 'RSI CENTER LINE' centerline. When the oscillator is above, the trend is bullish and when it is below, the trend is bearish .
6. Moving Average Convergence Divergence ( MACD ) and ( MAC-Z )
It was created by Gerald Appel. Subsequently, the histogram was added to anticipate the crossing of MA. Broadly speaking, we can say that the MACD is an oscillator consisting of two moving averages that rotate around the zero line. The MACD line is the difference between a short moving average 'MACD FAST MA LENGTH' and a long moving average 'MACD SLOW MA LENGTH'. It's an indicator that allows us to have a reference on the trend of the asset on which it is operating, thus generating market entry and exit signals.
We can talk about a bull market when the MACD histogram is above the zero line, along with the signal line, while we are talking about a bear market when the MACD histogram is below the zero line.
There is the option of using the MAC-Z indicator created by LazyBear, which according to its author is more effective, by using the parameter VWAP ( volume weighted average price ) 'Z-VWAP LENGTH' together with a standard deviation 'STDEV LENGTH' in its calculation.
7. Volume Condition
Volume indicates the number of participants in this war between bulls and bears, the more volume the more likely the price will move in favor of the trend. A low trading volume indicates a lower number of participants and interest in the instrument in question. Low volumes may reveal weakness behind a price movement.
With this condition, those signals whose volume is less than the volume SMA for a period 'SMA VOLUME LENGTH' multiplied by a factor 'VOLUME FACTOR' are filtered. In addition, it determines the leverage used, the more volume , the more participants, the more probability that the price will move in our favor, that is, we can use more leverage. The leverage in this script is determined by how many times the volume is above the SMA line.
The maximum leverage is 8.
8. Bollinger Bands
This indicator was created by John Bollinger and consists of three bands that are drawn superimposed on the price evolution graph.
The central band is a moving average, normally a simple moving average calculated with 20 periods is used. ('BB LENGTH' Number of periods of the moving average)
The upper band is calculated by adding the value of the simple moving average X times the standard deviation of the moving average. ('BB MULTIPLIER' Number of times the standard deviation of the moving average)
The lower band is calculated by subtracting the simple moving average X times the standard deviation of the moving average.
the band between the upper and lower bands contains, statistically, almost 90% of the possible price variations, which means that any movement of the price outside the bands has special relevance.
In practical terms, Bollinger bands behave as if they were an elastic band so that, if the price touches them, it has a high probability of bouncing.
Sometimes, after the entry order is filled, the price is returned to the opposite side. If price touch the Bollinger band in the same previous conditions, another order is filled in the same direction of the position to improve the average entry price, (% MINIMUM BETTER PRICE ': Minimum price for the re-entry to be executed and that is better than the price of the previous position in a given %) in this way we give the trade a chance that the Take Profit is executed before. The downside is that the position is doubled in size. 'ACTIVATE DIVIDE TP': Divide the size of the TP in half. More probability of the trade closing but less profit.
█ STOP LOSS and RISK MANAGEMENT.
A good risk management is what can make your equity go up or be liquidated.
The % risk is the percentage of our capital that we are willing to lose by operation. This is recommended to be between 1-5%.
% Risk: (% Stop Loss x % Equity per trade x Leverage) / 100
First the strategy is calculated with Stop Loss, then the risk per operation is determined and from there, the amount per operation is calculated and not vice versa.
In this script you can use a normal Stop Loss or one according to the ATR. Also activate the option to trigger it earlier if the risk percentage is reached. '% RISK ALLOWED'
'STOP LOSS CONFIRMED': The Stop Loss is only activated if the closing of the previous bar is in the loss limit condition. It's useful to prevent the SL from triggering when they do a ‘pump’ to sweep Stops and then return the price to the previous state.
█ BACKTEST
The objective of the Backtest is to evaluate the effectiveness of our strategy. A good Backtest is determined by some parameters such as:
- RECOVERY FACTOR: It consists of dividing the 'net profit' by the 'drawdown’. An excellent trading system has a recovery factor of 10 or more; that is, it generates 10 times more net profit than drawdown.
- PROFIT FACTOR: The ‘Profit Factor’ is another popular measure of system performance. It's as simple as dividing what win trades earn by what loser trades lose. If the strategy is profitable then by definition the 'Profit Factor' is going to be greater than 1. Strategies that are not profitable produce profit factors less than one. A good system has a profit factor of 2 or more. The good thing about the ‘Profit Factor’ is that it tells us what we are going to earn for each dollar we lose. A profit factor of 2.5 tells us that for every dollar we lose operating we will earn 2.5.
- SHARPE: (Return system - Return without risk) / Deviation of returns.
When the variations of gains and losses are very high, the deviation is very high and that leads to a very poor ‘Sharpe’ ratio. If the operations are very close to the average (little deviation) the result is a fairly high 'Sharpe' ratio. If a strategy has a 'Sharpe' ratio greater than 1 it is a good strategy. If it has a 'Sharpe' ratio greater than 2, it is excellent. If it has a ‘Sharpe’ ratio less than 1 then we don't know if it is good or bad, we have to look at other parameters.
- MATHEMATICAL EXPECTATION: (% winning trades X average profit) + (% losing trades X average loss).
To earn money with a Trading system, it is not necessary to win all the operations, what is really important is the final result of the operation. A Trading system has to have positive mathematical expectation as is the case with this script: ME = (0.87 x 30.74$) - (0.13 x 56.16$) = (26.74 - 7.30) = 19.44$ > 0
The game of roulette, for example, has negative mathematical expectation for the player, it can have positive winning streaks, but in the long term, if you continue playing you will end up losing, and casinos know this very well.
PARAMETERS
'BACKTEST DAYS': Number of days back of historical data for the calculation of the Backtest.
'ENTRY TYPE': For '% EQUITY' if you have $ 10,000 of capital and select 7.5%, for example, your entry would be $ 750 without leverage. If you select CONTRACTS for the 'BTCUSDT' pair, for example, it would be the amount in 'Bitcoins' and if you select 'CASH' it would be the amount in $ dollars.
'QUANTITY (LEVERAGE 1X)': The amount for an entry with X1 leverage according to the previous section.
'MAXIMUM LEVERAGE': It's the maximum allowed multiplier of the quantity entered in the previous section according to the volume condition.
The settings are for Bitcoin at Binance Futures (BTC: USDTPERP) in 15 minutes.
For other pairs and other timeframes, the settings have to be adjusted again. And within a month, the settings will be different because we all know the market and the trend are changing.
Crypto ZigZag RSI strategy 15minThis strategy is designed for crypto markets like ETHUSD/T, BTCUSD/T and so on.
It works amazingly with 15 min time frames.
Its idea consists in :
We have the RSI indicator, and with it we check for the crossover with overbought and oversold levels. At the same time we have the zigzag which is made from the higher highs and the lower lows between a specific price movement in %.
For entries, they are going to be based on the crossover of rsi with overbought or oversold levels , combined together with cross over 0 line from the the zigzag.
At the same time the strategy has the posibility to go only long, only short or both.
Let me know if you have any questions.
Simple Moving Average + ADX + DMI + Time Range Test
Use long and short moving average to look for a potential price in/out. (default as 14 and 7, bases on the history experience)
ADX and DMI to prevent the small volatility and tangling MA.
This script allows you to set the beginning & end time to test the bullish & bearish market.
If you want an indicator version, here is it.
Thanks.
BUY/SELL_Strategy_Paydar_V.07BUY/SELL_Strategy_Paydar_V.07
Hello dear friends
This system can be considered as a signal system.
*** This system just Suggests you for points. ***
My suggestion is not to use this system alone and conclude about entry and exit points according to charts, news, market fluctuations and trend direction.
The agenda of this system is as follows:
- Buy signal means:
Time to enter the trade / buy / take a long position and ...
- Sell signal means:
Time to leave the trade / sell / exit the long position
* I suggest you use this system in trading for cryptocurrency and especially for bitcoin.
* My suggested time frame is 1 minute, because during this time and according to the settings of this system, a better result was obtained for me.
* I suggest using this system first in spot trading and then in future trading.
System function:
This system is based on the analysis of 74 different systems, which are:
> 19 indicators and oscillators separately which include:
MACD, RSI, STOCHASTIC, STOCHASTIC RSI, BOLLINGER BANDs, PARABOLIC SAR, VOLATILITY and ...
(All of which can be used on the Trading View site as a public domain and open source)
> 11 cases of previous oscillators and indicators in combination
(All of which can be used in public view and open source on the Trading View site)
> 27 items MA, EMA, VMA, WM, MSM, etc. in combination and separately
> 9 lines and areas of automatic support and resistance
(All of which can be used in public view and open source on the Trading View site)
> 8 different strategies, all of which can be used in public view and open source on the Trading View site
Points.
*** All indicators, oscillators, lines and areas of automatic support and resistance, strategies, etc. can be used as a public domain and open source on the Trading View site. ***
Comment on using this system as well as how to use it.
_______________________________________________________________________________
* In this system, the main and basic indicators and oscillators are used, all of which are in the public view and open source site in Trading View *
I am very grateful and very loyal to Trading View, which built all the indicators, oscillators and strategies, because I used them to build this strategy system.
_______________________________________________________________________________
Be successful and profitable.
ARR VWAP IntradayIntra day VWAP Strategy
Strategy is
Buy when vwap goes up and RSI above 50 (Can be modified) .
Sell wehn vwap goes down and rsi bellow 50 (Can be modified)
Exit all at market close hour specified
Profitable Strategy Forex 80 by LukasHello all,
Herewith I publish my Forex strategy, it's works for major pairs only.
I ran more than a thousand test to get this result! :))
The strategy have more than 8 Buy and Sell signal condition with 2 core signal provider.
You can turn on/off each 7 signal and find the most profitable combination for each pairs.
If you trade on lower timeframe, you can turn on "Higher Timeframe MA".
It's also will trigger buy/sell when breakout from monthly high / low when entry condition meets.
You can set weekly or monthly.
I work on 4H timeframe when develop the script, so best use is 4H.
Basically i want to make reliable strategy that can automate trade
without the need to check chart every minutes! Hahha
So i think higher time frame is the best time to start,
and I found 4H chart on Forex have more clear structure and volatility .
I make the signal visible, it consist of 3 line represent The Pairs, Base and Counter pairs,
basically when Green line on top it means Base currency is strong, vice versa.
You may share your setting in the comment section, so others can try it :)
For this result I turn on Signal A,C,D,E,F
Signal A and B use special RSI
Signal C and D use special MACD
Signal E use RSI
Signal F use EMA and DEMA combination
In my opinion each pairs has unique character, some of them move faster than others.
So, adjust the setting for each pairs will benefit you more.
For further develop of this strategy, please give me feedback! :)
Combo Backtest 123 Reversal & Volume SMA This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
Volume and SMA
WARNING:
- For purpose educate only
- This script to change bars colors.
Bitcoin (BTC) Scalp / Short-term Short IndicatorThe purpose of this scalping Indicator is to help identifying Sell signals for short term trades on Bitcoin (Spot, Features, etc.) .
This script is working with more indicators and everything is balanced by hard work on (back)testing.
Result for users is a simple signal to SELL.
You can use it as easy indicator in your graph or create alerts.
I have the best results on 1min graph, with leverage and stop-loss feature.
This is my own version of scalping Sell Script / Indicator, which is a combination of few indicators, for example RSI , BB and price levels (actual and average) and works on standard candles.
SELL signal paints above the candle and you can set your target / trailing / stop-loss in the settings and check how it works in Strategy Tester.
Settings of this Indicator:
Take Profit
Stop Loss
Trailing Stop Loss
Trailing Stop Loss Offset
Initial Capital
Base Currency
Order size
Pyramiding
Commissions
Slippage
Average price lines (colors and visibility)
Plot background
These signals can be often observed at the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again.
Therefore these are interesting levels to place limit orders.
A Sell signal is defined as the last up candle before a sequence of down candles.
In my trading settings I have more but small positions, one safety limit order (for price averaging = better entry - easier close in profit) and stop-loss.
Sometimes trailing-profit feature have very nice profits.
Settings depends on your own money-management and free capital.
Don't ignore UP / DOWN trend. For UP trend I have an Indicator too (check my profile).
In addition to the upper/lower limits of each line, also average value is marked as this is an interesting area for price interaction and better view.
PM me to obtain access, more informations or support.
NOTICE: By requesting access to this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script.
RSIofAggregateHighsThis strategy is based on aggregate of highs of specified length. Then this value is input to RSI 14 period.
Take long when the curve crossing up 23.6 , 32.8 , 50 , 61.8 and 72 ... These are Fib numbers ... ( you could use simple oversold level 20 or 30 , simple overbought level 70 or 80. )
Better results found when crossing up 50 line. Closing the LONG trade also use the same setting but when crossing down.
It best works for one hour / 4 hours chart.
Tested for SPY , QQQ and AAPL symbols.
Stop Loss set to 8%
I have also added SHORT parameter , however SHORT trade results are NOT good on any time frame.
Warning
for the use of educational purposes only
Vortex Indicator Band StrategyThis strategy utilizing the Vortex indicator and its bands is effective when paired with displaced moving averages and a stop loss. Settings can be customized to match the specific ticker.
Bitcoin (BTC) Scalp / Short-term Long IndicatorThe purpose of this scalping Indicator is to help identifying Buy signals for short term trades on Bitcoin (Spot, Features, etc.) .
This script is working with more indicators and everything is balanced by hard work on (back)testing.
Result for users is a simple signal to BUY .
You can use it as easy indicator in your graph or create alerts.
I have the best results on 1min graph, with leverage and stop-loss feature.
This is my own version of scalping Buy Script / Indicator, which is a combination of few indicators, for example RSI, BB and price levels (actual and average) and works on standard candles .
LONG signal paints below the candle and you can set your target / trailing / stop-loss in the settings and check how it works in Strategy Tester .
Settings of this Indicator:
Take Profit
Stop Loss
Trailing Stop Loss
Trailing Stop Loss Offset
Initial Capital
Base Currency
Order size
Pyramiding
Commissions
Slippage
Average price lines (colors and visibility)
Plot background
These signals can be often observed at the beginning of a strong move, but there is a significant probability that these price levels will be revisited at a later point in time again.
Therefore these are interesting levels to place limit orders.
A Buy signal is defined as the last down candle before a sequence of up candles.
In my trading settings I have more but small positions, one safety limit order (for price averaging = better entry - easier close in profit) and stop-loss.
Sometimes trailing-profit feature have very nice profits.
Settings depends on your own money-management and free capital.
In addition to the upper/lower limits of each line, also average value is marked as this is an interesting area for price interaction and better view.
PM me to obtain access, more informations or support.
NOTICE: By requesting access to this script you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script.
Combo Backtest 123 Reversal & Gann Swing Oscillator This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The Gann Swing Oscillator has been adapted from Robert Krausz's book,
"A W.D. Gann Treasure Discovered". The Gann Swing Oscillator helps
define market swings.
WARNING:
- For purpose educate only
- This script to change bars colors.
RSI of VWAPThis strategy inputs the vwap as source to RSI indicator.
ENTRY
When RSIofVwap crossover 70 and price is above ema200
partial exits
when RSIofVwap reaches 90 level take a portion of profit
Exit
When RSIofVwap crossdown 30
stoploss
defaulated to 5%
Risk Level
Defaulted to 10%. Based on this startegy calcuclates hiw many units can be purchased adhering to stoploss value
Note: code doesnt draw the RSI (vwap) indicator to the chart. if you want to see how these signals are generated , you can select RSI and VWAP of 14 period length.
warning
For educational purposes only
Short In Downtrend Below MA100 (Coinrule)This is a simple strategy to take advantage of downtrends. It's useful to run such a strategy as a hedge in times of market uncertainty.
The Sell Condition - Entry
The sell signal triggers when:
the coin has MA (100) greater than the price in a timeframe of 15 minutes, meaning that the coin is in a short-term downtrend.
the coin has an RSI greater than 30 in a timeframe of 15 minutes, indicating that it didn't reach oversold conditions yet, so there is still room for a further price drop.
On Coinrule, you can launch the strategy on real market conditions, setting up multiple sequential sell orders. The strategy would keep selling while the price stays below the MA(100). In that case, it's advisable to set low amounts for the sell orders. the position will grow gradually while the downtrend intensifies. Set a minimum time interval between the sell orders will also help to have control over the overall position size.
The Buy Condition - Exit
The bot connects to each trade a stop loss and a take profit. The percentages are optimized for short term trades on mid-cap coins. You can adjust the percentages depending on the specific coin you are trading. A ratio of 1:1.5 between the stop loss and the take profit could work as the strategy trades in the same direction of the trend.
Stop loss at 3% from the entry price
Take profit at 2% from the entry price
A slightly larger stop loss allows tolerating more volatility to reduce the case of stops triggering when it shouldn't.
[astropark] DMI/ADX strategy [strategy]Dear Followers,
today I'm happy to share with you my DMI / ADX Strategy .
It provides directional trend information, so if a bullish or a bearish trend is going to start. Statistically it works better on lower timeframes (from 5 minutes to 1 hour).
It is both a Swing and Scalping Strategy indicator , based on a simple trend following theory , good for trading FOREX, Indexes, Stocks, Commodities and Cryptocurrencies.
To help in Taking Profits, the strategy integrates 2 special other than bull/bear signals:
Overbought and Oversold RSI Signals , which appear both as darker background (the darker the color, the more the price is in overbought/oversold) and green "ob"-"tp" / red "os"-"tp" labels (they optionally pop up only on a configurable stronger overbought/oversold condition) (you can enable/disable it optionally)
Peak Profit Tracker , which resets every time a new trade starts and keeps track of price fluctuation during the trade: the message is don't be too greedy and take profits or lock them with a stoploss in profit (you can enable/disable it optionally)
You can edit many options in order to
have more/less bull/bear signals
enable/disable showing bull/bear signals
enable/disable showing RSI TP signals (you can edit RSI length, overbought (OB) and oversold (OS) levels)
enable/disable showing peak profits on each trade
The user who wants to use this strategy, especially via an automated bot, must always set a stoploss (example 150$ from entry on bitcoin ) or use a proper risk management strategy .
This is not the "Holy Grail", so use it with caution. It's highly suggested to use a proper money management .
This script will let you backtest performance of the indicator based on bear/bull signals.
You can find the alarms version by searching for my DMI / ADX Strategy and choosing the "alarms" named.
Here there are some examples how this DMI / ADX strategy works on many markets:
LTC/USDT 15m
BTC/USD 15m
BNB/BTC 15m
ETH/USD 15m
GOLD (XAU/USD) 15m
GOLD (XAU/USD) 1h
FB 15m
AAPL 15m
TSLA 1h
BANKNIFTY Index 5m
NIFTY 50 Index 5m
This is a premium indicator , so send me a private message in order to get access to this script .
Swing Algo V1.3An upgrade of Swing Algo V1.2 to reduce chop heavily, used for trading ETH. For differences to other versions, see below.
This indicator can be used for e.g. swing algorithmic trading. It will give Buy/Long and Sell/Short signals on the chart. This algorithm uses a combination of several (custom) functions and rules to find good entry points for trend trading. After many iterations and tests I came up with this particular setup, which is highly optimized for the ETH/USD trading pair on the daily (D) timeframe. Attention was also paid to stability, as all parameters are set onto plateaus, so that smaller changes in the characteristic price action should not affect the efficiancy too much. For other assets and/or timeframes it is however possible to change algorithmic parameters within the indicator settings to tune this swing algorithm. You don't need any programming skills or similar abilities to navigate this indicator.
For the here presented backtest data, we omitted the biggest portion of the cryptocurrency bullrun in 2017 (starting only at 1st July 2017) so that the results become more realistic for long-term swing traders (investing at least 2-3 years into trading) if such large runs do not happen again. As cryptocurrencies like Ethereum are still to this date capable of doing comparatively smaller runs of about 2-3x in a few weeks/months (as witnessed in 2020), the order of magnitude of the shown results is still realistic for long-term trend trading efforts. Do not expect these results in a matter of days or weeks, and of course as with any trading strategy past performances are not indicative of future results.
Within this indicator you can choose the backtest time interval to test the perfomance of this algorithm for different time windows and different trading pairs. Here various backtesting parameters (e.g. trading fees) can be customized. Default settings for the shown backtest are a starting balance of $1000, a slippage of 2 ticks (= $0.02) and a trading fee of 0.26 % (which is the worst taker fee on the Kraken exchange) to have realistic settings. However as we do not conduct many trades with this strategy, fees should not impact our performance too much. As long-term swing traders, we devote one initial portion of our portfolio to swing trading and from then on always use 100% of this portion for the next trade to get the compounding starting. This is in difference to other trading styles which use various, often very small, percentage values for their short- or mid-term trades. Keep this in mind when evaluating the backtest data. Also note that due to the small number of trades the statistical significance is low. It is not possible to gather an abundance of long-term trend signals in the order of hundreds or thousands trades, as much more time would have to pass for this in the case of rather new assets like Ethereum.
Additionally to the TradingView Strategy Tester you can also plot your equity directly on the chart to get a sense for the performance. For this you can also scale the equity graph to e.g. match the starting point of your equity with some price point on the chart to get a direct comparison to 'Buy & Hold' strategies over time.
This indicator (and all other content I provide) is no financial advice. If you use this indicator you agree to my Terms and Conditions which can be found on my Twitter profile linked on my TradingView profile or in my signature.
Differences to other versions:
- Changed from a dual (V1, V1.1) to a single smoothing function system (V1.2, V1.3), which can react better to more sudden price movements that got prevalent during the current end-phase of the stock bullmarket due to correlations, while still handling 'normal' price action well
- Changed the oscillator part of the algorithm again with one that handles chop for the ETH/USD trading pair extremely well.
- Improved net profits by potentially +100% in comparison to V1 for ETH/USD on daily timeframe
- However for other assets (e.g. BTC and smaller coins like XTZ and ALGO) and timeframes V1 might perform better than V1.3 due to somewhat different characteristic price action. I leave you with all options to play so that you can find the best solution for a given trading pair.
- There's also a previous version called Swing Algo V1.2 considered the go-to algo at the moment, which works similar to V1.3, but operates a bit less tight, leading to more flexibility while suppressing chop not as much as V1.3.
For access please contact me via DM on TradingView or on Twitter (linked on my TradingView profile and my signature). People who purchased access to any 'Swing Algo 1.x' get access to all other 'Swing Algo V1.x' indicators automatically ('Swing Algo V1' counts as 'Swing Algo V1.0').
Swing Algo V1.2The next upgrade in the 'Swing Algo V1.x' series, and the go-to algorithm for trading ETH (until further notice). For differences to other versions, see below.
This indicator can be used for e.g. swing algorithmic trading. It will give Buy/Long and Sell/Short signals on the chart. This algorithm uses a combination of several (custom) functions and rules to find good entry points for trend trading. After many iterations and tests I came up with this particular setup, which is highly optimized for the ETH/USD trading pair on the daily (D) timeframe. Attention was also paid to stability, as all parameters are set onto plateaus, so that smaller changes in the characteristic price action should not affect the efficiancy too much. For other assets and/or timeframes it is however possible to change algorithmic parameters within the indicator settings to tune this swing algorithm. You don't need any programming skills or similar abilities to navigate this indicator.
For the here presented backtest data, we omitted the biggest portion of the cryptocurrency bullrun in 2017 (starting only at 1st July 2017) so that the results become more realistic for long-term swing traders (investing at least 2-3 years into trading) if such large runs do not happen again. As cryptocurrencies like Ethereum are still to this date capable of doing comparatively smaller runs of about 2-3x in a few weeks/months (as witnessed in 2020), the order of magnitude of the shown results is still realistic for long-term trend trading efforts. Do not expect these results in a matter of days or weeks, and of course as with any trading strategy past performances are not indicative of future results.
Within this indicator you can choose the backtest time interval to test the perfomance of this algorithm for different time windows and different trading pairs. Here various backtesting parameters (e.g. trading fees) can be customized. Default settings for the shown backtest are a starting balance of $1000, a slippage of 2 ticks (= $0.02) and a trading fee of 0.26 % (which is the worst taker fee on the Kraken exchange) to have realistic settings. However as we do not conduct many trades with this strategy, fees should not impact our performance too much. As long-term swing traders, we devote one initial portion of our portfolio to swing trading and from then on always use 100% of this portion for the next trade to get the compounding starting. This is in difference to other trading styles which use various, often very small, percentage values for their short- or mid-term trades. Keep this in mind when evaluating the backtest data. Also note that due to the small number of trades the statistical significance is low. It is not possible to gather an abundance of long-term trend signals in the order of hundreds or thousands trades, as much more time would have to pass for this in the case of rather new assets like Ethereum.
Additionally to the TradingView Strategy Tester you can also plot your equity directly on the chart to get a sense for the performance. For this you can also scale the equity graph to e.g. match the starting point of your equity with some price point on the chart to get a direct comparison to 'Buy & Hold' strategies over time.
This indicator (and all other content I provide) is no financial advice. If you use this indicator you agree to my Terms and Conditions which can be found on my Twitter profile linked on my TradingView profile or in my signature.
Differences to other versions:
- Changed from a dual (V1, V1.1) to a single smoothing function system (V1.2, V1.3), which can react better to more sudden price movements that got prevalent during the current end-phase of the stock bullmarket due to correlations, while still handling 'normal' price action well
- Changed the oscillator part of the algorithm with a better suited one (at least) for the ETH/USD trading pair, handling chop better.
- Improved net profits by potentially +100% in comparison to V1 for ETH/USD on daily timeframe
- However for other assets (e.g. BTC and smaller coins like XTZ and ALGO) and timeframes V1 might perform better than V1.2 due to somewhat different characteristic price action. I leave you with all options to play so that you can find the best solution for a given trading pair.
- There's also an upgrade called Swing Algo V1.3, which works similar to V1.2, but reduces losses due to chop even further. Because V1.2 is a bit more flexible, it is, however, considered the go-to algo for the time being.
For access please contact me via DM on TradingView or on Twitter (linked on my TradingView profile and my signature). People who purchased access to any 'Swing Algo 1.x' get access to all other 'Swing Algo V1.x' indicators automatically ('Swing Algo V1' counts as 'Swing Algo V1.0').