XAU/USD RSI EMA 1hour strategyThis is a strategy made for gold 1h.
Its made of RSI and EMA .
The rules are simple we are above ema and the rsi > oversold area we enter long. For short we are belowe ema and rsi < oversold area
IF you have any questions private message me !
Índice de Força Relativa (RSI)
RSI EMA SMA StratThis script looks at the RSI EMA and RSI SMA crossovers when above a certain price EMA
It was mainly written for swingtrading and only for long positions on a daily timeframe for BTC and ETH. They idea is to have a script that indicates when to convert your BTC /ETC to a stable coin and when to buy in again.
You could try to use it for other positions (short, long, etc..) and other coins but I didn't test these.
When the RSI EMA & SMA hover around 50 for a few days in flat lines and you get a buy signal it may be best to wait a few days longer to see what direction they take.
The default values for RSI EMA , RSI SMA and price EMA gave the best return (start out with an amount of x coins in 2015 and end up with the biggest possible amount of coins today). Again, this was only tested on daily. Feel free to tweak these when using other timeframes or other coins
Linear Regression - Reverse Up/Down StrategyFor my first foray into pine script I took the code from the generic "Consecutive up/down" and flipped the logic. I added a linear regression filter to try and stay with the overall trend. ATR added for visual, I eventually want to use it as part of the money management.
Rules to open trade or close the opposite:
IF the linear regression slope is >=0 AND the last candle closes lower, BUY
IF the linear regression slope is <=0 AND the last candle closes higher SELL
Rules to close the opposite:
IF the linear regression slope is >=0 AND the last candle closes higher, close any open SELL
IF the linear regression slope is <=0 AND the last candle closes lower, close any open BUY
Vortex and RSI ts 2020* System long only (for shares).
* Enter if Vortex up crosses up vortex down and there is the classical second test of a close higher than previous' high
* Exit if
a) RSI crosses under 70 OR
b) on the contrary, Vortex down crosses up vortex up and there is the classical second test of a close lower than previous' low
* fixed money management to be optimized added.
RSI of Ultimate Oscillator [SHORT Selling] StrategyThis is SHORT selling strategy with Ultimate Oscillator. Instead of drectly using the UO oscillator , I have used RSI on UO (as I did in my previous strategies )
Ultimator Oscillator settings are 5, 10 and 15
RSI of UO setting is 5
Short Sell
==========
I have used moving averages from WilliamAlligator indicator --- settings are 10(Lips), 20(teeth) and 50 (Jaw)
when Lips , Teeth and Jaw are aligned to downtrend (that means Lips < Teeth < Jaw )
Look for RSIofUO dropping below 60 ( setting parameter is Sell Line )
Partial Exit
==========
When RSIofUO crossing up Oversold line i.e 30
Cover Short / Exit
=================
When RSIofUO crosisng above overbought line i.e 70
StopLoss
========
StopLoss defaulted to 3 % , Though it is mentioned in settings , it has not been not used to calcuate and StopLoss Exit... Reason is, when RSIofUO already crossed 60 line (for SHORTING) , then it would take more efforts go up beynd 60. There is saying price takes stairs to climb up but it takes elevator to go down. I have not purely depend on this to exit stop loss, however noticed the trades in this stratgey did not get out with loss higher than when RSIofUO reaching 70 level.
Note
======
Williams Alligator is not drawn from the script. It is manually added to chart for illustration purpose. Please add it when you are using this strategy , whch woould give an idea how the strategy is taking Short Trades.
This is tested on Hourly chart for SPY
Bar color changes to purple when the strategy is in SHORT trade
Warning
========
For the eductional purposes only
Simple and efficient 1h strategyThis strategy is made from a crossover of 2 ema : 4 and 8 in this case, together with a RSI of lenght 10 applied to hl2
The strategy is simple : we enter when we have a cross between the 2 ma's and rsi at the same time is in ascending or descending position crossing the middle line of 50.
For exit we have : at the end of a session( we trade only between london and newyork in this case, so we exit newyork), or through a tp/sl pip point system.
Hope you enjoy it.
IFR2 - RSI2When the price is over the EMA and RSI 2 is less then 25 so an open order is going to be made and the strike is the high of the antepenultimate price
Momentum Explosion 2CCI RSI"Momentum Explosion Template for Mobile Metatrader", that is a trading system trend momentum based on two Commodity Channel Index (CCI) , RSI and two Moving Averages.The trading signals are generated by the crossing of the moving averages confirmed by the agreement of the two CCIs and the RSI.
Two Moving averages Filtered by double CCI and RSI
Credit is to Dimitri Author Beejay (Forex Factory)
Trading Rules Momentum Explosion
Buy
EMA 8 crosses upward SMA 26.
CCI 34 periods > 0
CCI 55 periods > 0
RSI 26 > 48.
Sell
EMA 8 crosses downward SMA 26.
CCI 34 periods < 0
CCI 55 periods < 0
RSI 26 < 48.
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.
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
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
Bitlinc MARSI Study AST w/ Take Profit & Stop loss - beta 0.1This script is beta 0.1 - will update as soon as the script is tradable
This script is based on AST on a 10 minute timeframe. You can change the asset and the timeframe for any asset you want to trade, but for it to work correct ALL settings have to be testes in the Strategy section of the TradingView. Each assets and timeframe require a different mixture of settings. This is NOT a one settings fits all trading for all assets on any timeframe. Below are the settings and explanation on how it works.
How it fires a buy / sell:
The script will plot an RSI with upper and lower bands in a separate indicator window. The idea behind this script is to fire a LONG when MA crosses OVER lower band and fire a SHORT when the MA crosses under the lower band. Each order that fires is an OCO (Order Cancels Order) for pyramiding.
Settings:
You have full control of these settings as mentioned above, you must configure every part of this script for each asset and timeframe you trade.
- Length of MA
- Length
- Upper bands of RSI
- Lower bands of RSI
- Take profit percentage
- Stop loss percentage
- Month to start and end the strategy (within 2020)
- Day to start and end the strategy (within 2020)
- Quantity type
- Slippage
- Pyramiding
***Remember that after the signal to enter or exit a trade is fired, the alert will trigger AFTER the close of the candle that caused the tigger to fire
EMA_HMA_RSI_StrategyThis strategy BUYS when HMA is below EMA (default setting is 200) and HMA turning to green and RSI 13 is below 70
Adds to existing position when current price is below BUY price and RSI crossing above 30 or 40
Exits the long position when HMA crosses down EMA
when you select Take Profit setting , partial profits are taken when current price > BUY price and RSI 13 crossing down 80
Bar color changes to purple when RSI13 is above 80 (if only in Long position exists)
Tested for SPY QQQ AAPL on hourly and 30 mins chart
Warning : For educational purposes only
Bollinger Bands and RSI mix with DCAThis strategy uses a mix of Bollinger Bands and RSI to enter long positions. It impliments DCA.
Aroon Oscillator StrategyThis is simple strategy based on Aroon Oscillator. I have found that using length 144 or 169 on hourly chart shows excellent results.
Tested on SPY , QQQ and AAPL. Especially when you look at AAPL results , it has 60% profitable in recent trades. ( Dont assume this will be same for other stocks or ETFs)
Aroon Oscillator setting : 169 ( 169 is square root of 13 ... you can also use fib level 144 , which is square root of 12 )
BUY
When Aroon Oscillator crosses above zero line
Add
if Long position is already opened, and current close is less than BUY price and RSI 13 crossing above 30 line
Exit
when Aroon Oscialltor crosses below zero line
Stop Loss
default stop loss has been set to 5%
Note: I have not plotted RSI to the chart. Please include RSI 13 to see how position gets added ... Also add ema 169 to see how the price is aligned with the Aroon Oscillator
Warning
For the educational purposes only
dirt cheap yet elegant RSI StrategyFor Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed.
This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a good way to show off a good looking strategy, atleast in paper, with minimal effort involved in the making and usage. It can be made with the most minimal lines of code if needed to bring shame unto others. It only works in a few markets and who knows if it will actually rebound from the overbought or oversold levels but in case it doesn't I put in a time-based stop to exit in case of that worst case scenario. There's not much to it, good for trolling others, or serious business, you decide.
RSI on VWAP Upgraded strategyFirst of all, the idea of apply RSI to VWAP was inspired by XaviZ; at least, that where I first saw that.
I simply applied the idea and searched for apply this on lower timeframe (M15) to increase the number of positions and improve the profit factor.
The conditions to enter are the same :
long : enter on RSI crossover oversold level
short : enter on RSI crossunder oversell level
To close position, I found a little change to apply :
long : close position when RSI(VWAP) went in overbought zone and crossunder the overbought level OR after being at least x bars in the overbought zone (parameter is 28 by default) => when the first condition happens
short : close position when RSI(VWAP) went in oversold zone and crossover the oversold level OR after being at least x bars in the oversell zone (parameter is 28 by default) => when the first condition happens
With this change, I got better results specially on BTCUSDTPERP (M15) where I reach a 6.8 profit factor with 119 trades closed. Not BAD !
The defaults parameters are the best found for BTCUSDTPERP (M15), but the strategy works fine for other pairs if you take time to find the rights combinations.
In this strategy you can change (with defaults in () ):
RSI length (28)
RSI overbought level (85)
RSI oversell level (30)
Number of bars before leaving as explain above (28)
The choice to take longs only, shorts only or both
The number of coin/token by position
The start date for backtesting
Please note that the script use a pyramiding parameter of 3 (can be changed in the first line of the script); that means that you can take up to 3 positions before closing. It lets you improve average enter price but increase the risk. 3 is the best I found to improve profit factor without expose myself too much.
This script would be better if automated because of the conditions of buy and sell.
It's only for educative purpose, not an advice to invest.
All my free scripts here : fr.tradingview.com
Leave a message and don't forget to follow me ;) !
IFR2The IFR2 strategy is based on the RSI indicator.
If the two period RSI is less than the overbought level (25 is the default, but you can configure it to be lower), a long position is placed at the close of the candle. If you are doing it live, you'd have to enter the market ~ 10 minutes before it closes, check the RSI, and buy if it is lower than your overbought level. This generates a discrepancy in the backtesting, but since it is a very small difference, it can be disregarded. Higher overbought levels generate more signals, but they mostly are unreliable. Lower values generates better yields, but they won't occur very often. This strategy is designed to be used in a daily graph, and I don't recommend using it in intraday periods, since you'll make too little money to compensate for the operational cost.
The strategy exits when the high price of two previous candles is reached. If the exit price is higher than the closing price of when you entered, you'll be at a profit, otherwise you'll be at a loss. The exit price is plotted in the graph and it's colors depends on the current open profit: positive values will be green, negative will be red.
This strategy completely disregards the current trend. Long orders will be placed even if you are at a strong down trend. This may seem odd, but you have to keep in mind that this is a volatility based strategy , not a trend following one.
This setup was designed by Alexandre Wolwacz, a.k.a. Stormer.
Growth Producer
Applicable to FTX:ETHPERP 15 min
Relative volatility index (RVI) that will determine the entry and exit points only when the volatility will start to increase and Money Flow index as an additional point for entry.
IMPORTANT
• Input Partial take profits in your Bot settings
• This is a trend strategy and works better in the trending market
• We added the trend identifier using the EMA and SMA interaction
• We added Take profit and stop loss levels
• We added inputs for the period selection, so you could see how the strategy is performing on a monthly basis.
• RVI for the entry conditions
• MFI was added for the additional entries.
• Partial Take-profits
Configurable BB+RSI+Aroon strategy backtest for binary optionsI wanted to share this strategy that I use myself for binary options trading. After trading binary options for several years I have learned that every single day is unique... assets behave differently every single day. So, when I start the day I want to know which is the optimum combination of parameters in my indicators that will give me the signals I want during the day and I get that by doing a quick backtest of the parameters combination in a specific asset that same day. When trading Binary Options I usually do 3 or 4 trades max per day and, yes, there are moments in which even with the right backtest data the signals fail (I strongly believe that there is no strategy that guarantees 100% success in any type of trade, and this one here is not an exception - but has worked well with some assets). So, here is my contribution to improve your productivity by automating a bit that backtesting part.
How this script works?
It is a simple price crossunder / crossover Bollinger Bands (BB) with a confirmation from RSI overbought / oversold signals and a fast Aroon. You will see the BB plotted with its confirmations:
(1) a blue circle that plots in the chart when the price is coming back inside the channel (within the Bollinger Bands)
(2) an orange square that plots in the chart when the RSI is coming back from the overbought or oversold areas
(3) a triangle that could be red or green depending on the Aroon confirmation: Red if Aroon Down is crossing down Aroon Up or green if vice versa.
The strategy will call for long (Call) if:
(1) the price is crossing over the lower band of the Bollinger Bands, coming back inside the channel
(2) Aroon Up is crossing or has crossed above Aroon Down
(3) RSI is crossing over the oversold limit
Consequently, the strategy will call for a short (Put) if:
(1) the price is crossing down the upper band of the Bollinger Bands, coming back inside the channel
(2) Aroon Down is crossing or has crossed below Aroon Up
(3) RSI is crossing under the overbought limit
You can configure:
1. Aroon length (keep it as fast as possible: 3, 4 or 5 are recommended values)
2. The point where Aroon Up and Aroon Down cross to make the signal valid (50 is by default. It could also be 25 or 75)
3. The RSI length
4. RSI Overbought and Oversold limits (they do not need to be symmetric: you can use 29 and 93, for example)
5. Bollinger Bands length and standard deviation
6. Number of bars to keep your option open. Depending on the timeframe used, this will determine the time you will keep your binary option open. If you are in a 1 min chart and keep this parameter in 3, then you will need to configure your binary option to expire in 3 minutes.
How to evaluate your backtest?
In Binary Options you only need the success rate, so what I do is that when I am manually updating the parameters I keep my strategy tester window open checking the winning trades vs losing trades ratio ("Percent Profitable"). I personally will only keep an asset monitored looking for signals that day if the Percent Profitable on the backtest of the same day is above 80%.
Regarding the code: it is open, public and free. No need to ask for permission if you want to copy+paste and use it in whole or parts.
Happy pip hunting!
-marco
RSI cyclic smoothed strategy backtestI added a few lines of code to "when to trade"'s code to see that backtest result of "RSI cyclic smoothed v2".
Wavetrend strategy with trading session for any time chartHello there
Today I am glad to provide you a strategy based on the wave trend oscillator. If you want to use it as an indicator, just disable long and short to not make any shops.
It works on all time frames.
The way it works its like an RSI .
We have overbought and oversold levels, and together with a channel and length we calculate the wave trend.
And then like in RSI, when we cross those lines we buy or sell depending on which lines we cross.
For risk management, so far its not implemented, but it can be done in many ways.
The only thing I applied is to always close a trade at the end of friday day. At the same time it can be applied the rule to sell when % of equity is lost, or at the end of a trading session like london,neywork and so on.
For any questions or doubts, let me know.
Hope you enjoy it :)
Simple and efficient swing RSI systemHello there,
I am glad to bring you another simple and efficient algorithm.
Its made purely from RSI which can be used directly or inversed. Its suited for swing trading 15 min chart or more minimum.
Can be adapted to all types of financial markets.
Rules for entry are easy : First we have the stop loss and take profits levels. Based on SL , we have the risk % of our equity, where the minimum lot we can trade its setted on 0.1 lots , can be modified tho.
For entries, we have the overbought and oversold levels.
Whenever we cross one of them we enter the trade . We close the trade whenever we reach sl/tp or inverse crosses.
Although its has a low win rate, its a very good system to catch big trends, so there you can recover all the small losses that you had in a untrend market .
Aswell it requires a lot of patience, since a position can be kept for weeks, even months.
Hope you enjoyed it .
EURUSD 5min london session strategyHey, today I bring you another strategy that I pull up together.
Its a KISS system ( keep it stupid simple )
We have 2 ma of 5 lenght each, one applied to the high and the other to low. With this we create a channel.
If the candle close above or below the channel we got a signal. Then we can optionally verify with the RSI to increase our chances.
At the same time, this system, only trades during the london session ( can be changed), and it has 2 rules, preferably no more than 5 trades / day, and no more than 2% risk of equity lost .
We also have a TP/SL system made of pips.
Enjoy it.
