Crypto_Troll_Turtle_StrategyTurtle Strategy for high marketcap cryptocurrencies
I'm glad to launch my strategy which is based on
moving averages / bollinger bands / RSI and volume
It's basically made for scalping with an interesting return over the last two years and a perspectively low drawdown
if you're interested in the strategy and you want to use it for futures trading you can contact me for a money & risk management rules that you can use and prevent you from a huge loss !! it's for free don't worry xD you can find my contact in the author's instructions' label
The optimal timeframe to use is 1H
I'll be trying to launch telegram signals for this strategy as soon as possible for the following pairs: BTCUSDT ETHUSDT BNBUSDT timeframe: 1H
I'm open to all reviews ! thanks !
Trading
Road To DubaiROAD TO DUBAI
Useful for daily trading over all type of asset, from Stock to Crypto, Forex and Commodities. It works best with 5min to 1hr graphs, if you are a intraday trader.
This is not a simple mashup of indicators, because you can add them as your own.
This script is more like a tool to understand price action based on indicators position . Thanks to cross call based on MACD , RSI with EMA applied and few index realtime mapping, this tool will let you reduce time effort for graph analysis .
As extra feature it will let you to try different strategies , all fully customizable.
I've tried my best to keep it readble, and easy to use. The best way to learn to use it, is to disable all features from configuration and try one by one.
CONFIGURATION TIPS : Click "Settings Gear" in the Upper Right Corner and disable "Indicator Arguments"
HOW TO PROPER SETUP
Road to Dubai 3 is semiautomatic on finding best Long and Short areas, and plot on the chart.
From configuration menu you can set a Backtrace period and sensibility for RSI EMA10, RSI EMA80 and MACD on your Timeframe, 5min, 30min, 60min.
Usually when configured, those parameters works fine on almost every asset.
You only need to start understanding signals.
STANDARD FEATURES
VWAP : Green/Red line. It will reset everyday at 00.00.
EMA80 : White Line
BLUELINES : Positive and negative overextend value from VWap . This is based on a range of bar and it will extend on the opposite side the lower or higher candle. Useful for understading where price can arrive, expecially if a spike will appear.
Those indicators are quite useful for understading trends, price positions and maximum price range.
RSI EMA10 OVERBOUGHT / OVERSOLD
Yellow arrow marks where RSI arrived at his Top or Bottom. If on different timeframes (5min, 30min and 60min) something similar happen area is filled with Red or Green.
This is base on EMA10 applied to RSI (I usually refer at it as Yellow Line on my indicator HighFreq Trader)
To find good values please try High Freq Trader 1.3
RSI EMA80 CALL
Red Cross or Green Square advice for a really potential inversion of trend. When a Silver bar appear, this means the same call was triggered on different Timeframe in the sametime.
This is based on EMA80 applied to RSI (I usually refer at it as Blue Line on my indicator HighFreq Trader).
To find good values please try High Freq Trader 1.3
MACD CALL
Based on MACD with standard settings. When triggered, a lime Triangle appears. Differents size based on timeframe (5min smaller, 60min bigger). If the same call is triggered on the same place a Lime Bar appear on the opposite side of trend (this is a graphical contents, bacause with all enabled, standard use, can be difficult to read signals).
In Menu Settings you will be able to set your best parameter for your asset.
MACD FIBONACCI EXTRA FEATURE
If you want you can enable a Fibonacci draw based on MACD . This works at his best (on my opinion) with 30min MACD
EXAMPLE
NATURAL GAS
In this chart 30min you can see all calls triggered for a Short. Yellow RSI Arrow, Red Cross, Macd Triangle and Colored Red, Lime and Silver Bars are all calling for Short.
In this way you can see in notime if this can be a perfect moment for take position
VIX VXN DXY CALLS
If VIX , VXN is triggered a small Green Dot will appear. If both are in the same time a bigger Dot appear. Very useful to find trend inversion.
If DXY is triggered a Red Dot will appear (only on Daily Chart ). Very Useful to understand trend inversion on whole market.
VOLUMES REMINDERS
Find if there was an High Volume traded (HV) or Low Volume Traded (LV) in the near past. Useful to understand if some tricky situation could happen (like a sudden sell, an accumulation or distribution)
Bjorgum Double Tap█ OVERVIEW
Double Tap is a pattern recognition script aimed at detecting Double Tops and Double Bottoms. Double Tap can be applied to the broker emulator to observe historical results, run as a trading bot for live trade alerts in real time with entry signals, take profit, and stop orders, or to simply detect patterns.
█ CONCEPTS
How Is A Pattern Defined?
Doubles are technical formations that are both reversal patterns and breakout patterns. These formations typically have a distinctive “M” or a “W” shape with price action breaking beyond the neckline formed by the center of the pattern. They can be recognized when a pivot fails to break when tested for a second time and the retracement that follows breaks beyond the key level opposite. This can trap entrants that were playing in the direction of the prior trend. Entries are made on the breakout with a target projected beyond the neckline equal to the height of the pattern.
Pattern Recognition
Patterns are recognized through the use of zig-zag; a method of filtering price action by connecting swing highs and lows in an alternating fashion to establish trend, support and resistance, or derive shapes from price action. The script looks for the highest or lowest point in a given number of bars and updates a list with the values as they form. If the levels are exceeded, the values are updated. If the direction changes and a new significant point is made, a new point is added to the list and the process starts again. Meanwhile, we scan the list of values looking for the distinctive shape to form as previously described.
█ STRATEGY RESULTS
Back Testing
Historical back testing is the most common method to test a strategy due in part to the general ease of gathering quick results. The underlying theory is that any strategy that worked well in the past is likely to work well in the future, and conversely, any strategy that performed poorly in the past is likely to perform poorly in the future. It is easy to poke holes in this theory, however, as for one to accept it as gospel, one would have to assume that future results will match what has come to pass. The randomness of markets may see to it otherwise, so it is important to scrutinize results. Some commonly used methods are to compare to other markets or benchmarks, perform statistical analysis on the results over many iterations and on differing datasets, walk-forward testing, out-of-sample analysis, or a variety of other techniques. There are many ways to interpret the results, so it is important to do research and gain knowledge in the field prior to taking meaningful conclusions from them.
👉 In short, it would be naive to place trust in one good backtest and expect positive results to continue. For this reason, results have been omitted from this publication.
Repainting
Repainting is simply the difference in behaviour of a strategy in real time vs the results calculated on the historical dataset. The strategy, by default, will wait for confirmed signals and is thus designed to not repaint. Waiting for bar close for entires aligns results in the real time data feed to those calculated on historical bars, which contain far less data. By doing this we align the behaviour of the strategy on the 2 data types, which brings significance to the calculated results. To override this behaviour and introduce repainting one can select "Recalculate on every tick" from the properties tab. It is important to note that by doing this alerts may not align with results seen in the strategy tester when the chart is reloaded, and thus to do so is to forgo backtesting and restricts a strategy to forward testing only.
👉 It is possible to use this script as an indicator as opposed to a full strategy by disabling "Use Strategy" in the "Inputs" tab. Basic alerts for detection will be sent when patterns are detected as opposed to complex order syntax. For alerts mid-bar enable "Recalculate on every tick" , and for confirmed signals ensure it is disabled.
█ EXIT ORDERS
Limit and Stop Orders
By default, the strategy will place a stop loss at the invalidation point of the pattern. This point is beyond the pattern high in the case of Double Tops, or beneath the pattern low in the case of Double Bottoms. The target or take profit point is an equal-legs measurement, or 100% of the pattern height in the direction of the pattern bias. Both the stop and the limit level can be adjusted from the user menu as a percentage of the pattern height.
Trailing Stops
Optional from the menu is the implementation of an ATR based trailing stop. The trailing stop is designed to begin when the target projection is reached. From there, the script looks back a user-defined number of bars for the highest or lowest point +/- the ATR value. For tighter stops the user can look back a lesser number of bars, or decrease the ATR multiple. When using either Alertatron or Trading Connector, each change in the trail value will trigger an alert to update the stop order on the exchange to reflect the new trail price. This reduces latency and slippage that can occur when relying on alerts only as real exchange orders fill faster and remain in place in the event of a disruption in communication between your strategy and the exchange, which ensures a higher level of safety.
👉 It is important to note that in the case the trailing stop is enabled, limit orders are excluded from the exit criteria. Rather, the point in time that the limit value is exceeded is the point that the trail begins. As such, this method will exit by stop loss only.
█ ALERTS
Five Built-in 3rd Party Destinations
The following are five options for delivering alerts from Double Tap to live trade execution via third party API solutions or chat bots to share your trades on social media. These destinations can be selected from the input menu and alert syntax will automatically configure in alerts appropriately to manage trades.
Custom JSON
JSON, or JavaScript Object Notation, is a readable format for structuring data. It is used primarily to transmit data between a server and a web application. In regards to this script, this may be a custom intermediary web application designed to catch alerts and interface with an exchange API. The JSON message is a trade map for an application to read equipped with where its been, where its going, targets, stops, quantity; a full diagnostic of the current state and its previous state. A web application could be configured to follow the messages sent in this format and conduct trades in sync with alerts running on the TV server.
Below is an example of a rendered JSON alert:
{
"passphrase": "1234",
"time": "2022-05-01T17:50:05Z",
"ticker": "ETHUSDTPERP",
"plot": {
"stop_price": 2600.15,
"limit_price": 3100.45
},
"strategy": {
"position_size": 0.1,
"order_action": "buy",
"market_position": "long",
"market_position_size": 0,
"prev_market_position": "flat",
"prev_market_position_size": 0
}
}
Trading Connector
Trading Connector is a third party fully autonomous Chrome extension designed to catch alert webhooks from TradingView and interface with MT4/MT5 to execute live trades from your machine. Alerts to Trading Connector are simple; just select the destination from the input drop down menu, set your ticker in the "TC Ticker" box in the "Alert Strings" section and enter your URL in the alert window when configuring your alert.
Alertatron
Alertatron is an automated algo platform for cryptocurrency trading that is designed to automate your trading strategies. Although the platform is currently restricted to crypto, it offers a versatile interface with high flexibility syntax for complex market orders and conditions. To direct alerts to Alertatron, select the platform from the 3rd party drop down, configure your API key in the ”Alertatron Key” box and add your URL in the alert message box when making alerts.
3 Commas
3 Commas is an easy and quick to use click-and-go third party crypto API solution. Alerts are simple without overly complex syntax. Messages are simply pasted into alerts and executed as alerts are triggered. There are 4 boxes at the bottom of the "Inputs" tab where the appropriate messages to be placed. These messages can be copied from 3 Commas after the bots are set up and pasted directly into the settings menu. Remember to select 3 Commas as a destination from the third party drop down and place the appropriate URL in the alert message window.
Discord
Some may wish to share their trades with their friends in a Discord chat via webhook chat bot. Messages are configured to notify of the pattern type with targets and stop values. A bot can be configured through the integration menu in a Discord chat to which you have appropriate access. Select Discord from the 3rd party drop down menu and place your chat bot URL in the alert message window when configuring alerts.
👉 For further information regarding alert setup, refer to the platform specific instructions given by the chosen third party provider.
█ IMPORTANT NOTES
Setting Alerts
For alert messages to be properly delivered on order fills it is necessary to place the following placeholder in the alert message box when creating an alert.
{{strategy.order.alert_message}}
This placeholder will auto-populate the alert message with the appropriate syntax that is designated for the 3rd party selected in the user menu.
Order Sizing and Commissions
The values that are sent in alert messages are populated from live metrics calculated by the strategy. This means that the actual values in the "Properties" tab are used and must be set by the user. The initial capital, order size, commission, etc. are all used in the calculations, so it is important to set these prior to executing live trades. Be sure to set the commission to the values used by the exchange as well.
👉 It is important to understand that the calculations on the account size take place from the beginning of the price history of the strategy. This means that if historical results have inflated or depleted the account size from the beginning of trade history until now, the values sent in alerts will reflect the calculated size based on the inputs in the "Properties" tab. To start fresh, the user must set the date in the "Inputs" tab to the current date as to remove trades from the trade history. Failure to follow this instruction can result in an unexpected order size being sent in the alert.
█ FOR PINECODERS
• With the recent introduction of matrices in Pine, the script utilizes a matrix to track pivot points with the bars they occurred on, while tracking if that pivot has been traded against to prevent duplicate detections after a trade is exited.
• Alert messages are populated with placeholders ; capability that previously was only possible in alertcondition() , but has recently been extended to `strategy.*()` functions for use in the `alert_message` argument. This allows delivery of live trade values to populate in strategy alert messages.
• New arguments have been added to strategy.exit() , which allow differentiated messages to be sent based on whether the exit occurred at the stop or the limit. The new arguments used in this script are `alert_profit` and `alert_loss` to send messages to Discord
Short Selling EMA Cross (By Coinrule)BINANCE:AVAXUSDT
This short selling script works best in periods of downtrends and general bearish market conditions, with the ultimate goal to sell as the the price decreases further and buy back before a rebound.
This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can execute your trades for you. It allows you to hedge your investment by allocating a % of your coins to trade with, whilst not risking your entire holding. This mitigates unrealised losses from hodling as it provides additional cash from the profits made. You can then choose to to hodl this cash, or use it to reinvest when the market reaches attractive buying levels.
Entry
The exponential moving average ( EMA ) 20 and EMA 50 have been used for the variables determining the entry to the short. EMAs can operate better than simple moving averages due to the additional weighting placed on the most recent data points, whereas simple moving averages weight all the data the same. This means that price is tracked more closely and the most recent volatile moves can be captured and exploited more efficiently using EMAs.
Our backtesting data revealed that the most profitable timeframe was the 30-minute timeframe, this also enabled a good frequency of trades and high profitability.
A fast (shorter term) exponential moving average , in this strategy the EMA 20, crossing under a slow (longer term) moving average, in this example the EMA 50, signals the price of an asset has started to trend to the downside, as the most recent data signals price is declining compared to earlier data. The entry acts on this principle and executes when the EMA 20 crosses under the EMA 50.
Enter Short: EMA 20 crosses under EMA 50.
Exit
This script utilises a take profit and stop loss for the exit. The take profit is set at -8% and the stop loss is set at +16% from the entry price. This would normally be a poor trade due to the risk:reward equalling 0.5. However, when looking at the backtesting data, the high profitability of the strategy (93.33%) leads to increased confidence and showcases the high probability of success according to historical data.
The take profit (-8%) and the stop loss (+16%) of the strategy are widely placed to ensure the move is captured without being stopped out due to relief rallies. The stop loss also plays a role of mitigating losses and minimising risk of being stuck in a short position once there has been a fundamental trend reversal and the market has become bullish .
Exit Short: -8% price decrease from entry price.
OR
Exit Short: +16% price increase from entry price.
Tip: Research what coins have consistent and large token unlocks / highly inflationary tokenomics, and target these during bear markets to short as they will most likely have substantial selling pressure that outweighs demand - leading to declining prices.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
The backtesting data was recorded from December 1st 2021, just as the market was beginning its downtrend. We therefore recommend analysing the market conditions prior to utilising this strategy as it operates best on weak coins during downtrends and bearish conditions.
Break of structure (BOS) forex StrategyPlease read all Details before using this indicator
This strategy is based on taking position after the break of a Previous High/Low swing happens (fixed time frame), the break of structure happens because of the swing happens then we go long or short respectively in this strategy.
I will be discussing the setting details through which you can make it work on different forex pairs.
Does it work on other pairs?
Yes, I have found similar back test results on other USD pairs.
Does it works on smaller time frame?
Yes it does work on smaller time frame , you have to understand the below concepts used and try different settings.
For the user the most important thing is to understand the settings of the indicator so that they can optimize the setting and get the best results:
This indicator contains the following IMPORTANT setting:
i. Fixed trading session for long trades (long position can be taken in that period of time only)
ii. Fixed trading session for short trades (Short position can be taken in that period of time only)
The concept behind restricting the time to go long or short is because in forex the particular pair move in a particular direction depending upon the currency and time zones.
This strategy works on different forex pairs, you need to find the best settings. I will be providing the best settings which works for this strategy and different pairs.
2. Choose Previous High/Low Timeframe
This is the most important option where you have to choose the timeframe for which you want H/L by default it is set to “D”. This timeframe H/L reference will be taken for taking trading decisions.
3.Setting for back test selection date range you can check the beck test of a particular time range.
4.You can check Long and Short positions performance separately, by unchecking the “Go_long” option it will remove all long positions from back test. Vice versa for “Go_short option”
5.Internal Bar Strength
IBS is simply an indicator where you buy on weakness and sell on strength, the cornerstone of any mean-reverting strategy.
It oscillates from zero to one and measures the relative position of the closing price relative to the High and Low.
IBS = (Close – Low) / (High – Low)
In the input setting the you can disable enable the IBS option from the strategy.
6. Parkinson volatility
Parkinson volatility is a volatility measure that uses the stock’s high and low price of the day (can be changed in the setting, instead of day it can be set to any bar length)
The main difference between regular volatility and Parkinson volatility is that the latter uses high and low prices for a day, rather than only the closing price.
In the setting you have three option
i. Enter Volatility Threshold
If the Parkinson volatility value is greater than the the threshold value then it lets the trade happen.
ii.Set the high/low bar time frame for calculating Parkinson volatility. ( Set 60m by default)
Formula used as below:
high_=security(syminfo.ticker, input("60"), high)
low_=security(syminfo.ticker, input("60"), low)
hourlyRangeSquared = pow((log(high_) - log(low_)), 2)
dailyParkinsonVol = sqrt(sum(hourlyRangeSquared, 24) / (4 * log(2)))
7. "Enter no of contract size"
This setting helps you to set the contract size , by default it is set to 100000.
8. “Zigzag Filter Length” this setting is for SWING H/L Lookback. With the help of this I have ploted Swing Support and Resistance.
9.Futrther confirmation of trade is done through the RSI criteria. In this I have provided four kind of RSI confirmation you can test all by selecting any one of the four.
i. filter trade on the basis of BB of RSI (as shown in the image)
ii. filter trade on the basis of RSI Levels (RSI>50 for long, vice versa for short)
iii. filter trade by rsi>basis of BB of RSI(for long) & rsi<50(for short)
iv. filter trade by rsi>50(long) & rsi< basis of BB of RSI(short)
SELECT ONLY ONE OF THE ABOVE IN SETTING.
10.For Exiting the trade I have used the trailing SL you can change it in setting.
You can exit the trade using two targets (two take profit) using different size for exiting the trade.
If you want to take only on target then you have to make QANTITY of shares for 1st Exit as 100. Then you will exit all your position in the first target.
A big thanks to kodify.net there articles are very helpful kodify.net
Thanks to Mickey for providing assistance.
Thanks to stack overflow community for clearing the doubts.
Trading view official documentation on V4 of pine script also helped me.
The Impossible TraderTHE IMPOSSIBLE TRADER
A simple, but effective High Freq Strategy script based on MACD or RSI trend, with extra customizable Alert Messages for Bots.
WHAT IT DOES
This script (works best at lower TimeFrames) just follow the trend of MACD or RSI on your asset.
Why it should work? Because in an upper trend, there are more chance of green candles than reds. And in dump trend there are more chance of red candles than greens.
While trend is positive, it will try to open Long orders as fast as possible at market price.
While trend is negative, it will try to open Short orders as fast as possible at market price.
HOW TO SETUP YOUR PREFERENCES
Capital : Insert a % of Margin you want to use for your positions (usually 30% is quite good)
Leverage : Choose leverage based on your plans
Trail Tick @ : This value (in Tick) tell the script "when" the "Trail Stop" order must be activated (from the Entry price)
Offset Tick @ : This is the price (in Tick) from the Trail Stop Price activated. Basically it is a Stop Loss that follow the price at a fixed distance.
SL Tick @ : Set a Stop Loss at amount Tick distance from the Entry Price. (Let's call it a Safety Stop Loss for bad decisions...)
TP Tick @ : Set a Take Profit at amount Tick distance from the Entry Price. Sometimes is better to exit in full Gain than keep positions.
Strategy : You can choose a Only Long, Only Short or Long+Short sametime strategy.
with MACD or RSI : You can try the strategy applied on MACD or applied on customizable RSI EMA
EMA : If you choosed RSI EMA, you can set any value for your testing (usually 80-120 works very nice)
Exit order after bars : Some Exchanges / Brokers apply fixed cost, and a strategy too fast could not be productive. This set will let you to delay the Exit Order on already Opened positions.
Keep Stop Loss active : If you are planning a delay for Exit Orders, sometime could be useful to keep activated Stop Loss.
Strategy Preset : Some preset I've found interesting, with good results.
BackTest Days : If there are too many results and script doesn't work, you can choose a closer range to show results.
EXTRA FEATURES
On Screen Display : OSD will show you some realtime stats about your strategy, like Asset Tick, Trading Period Range, Drawdown, Gains and not closed trade.
Alert Message : You can enter custom Long Entry/Exit and Short Entry/Exit message for your Bots (like AutoView, WunderBit, etc...). When alert is triggered, you can send custom message with {{strategy.order.comment}} in the text field
AutoView Alert Message : If you are user of AutoView, you can generate your calls. Those are tested only on Oanda with index like Sp500, US100, Us30.
TIPS ON USE
Some asset on TradingView require an higher initial capital. Go to this Script Settings -> Properties and rise Initial Capital.
Be aware of commissions and spread when evalutating a strategy. Go to this Script Settings -> Properties and set Commission and Slippage
Trail Stop and Ticks could be difficult to understand, but very profitable. Please take your time and study how it works.
Consider Tick like the minimum movement your asset can do. Ticks occurs "intra-bar", so some of your positions could be closed almost instantly.
Consider Trail Stop like a Stop Loss that keep always the same distance from your positions, but never came back . If you are in gain, say of 10 Ticks, and your Trail have 5 Ticks, this means for sure a close at minimum 5 Ticks from Entry Price.
On Screen Display will show you Ticks for your asset. This will help you on strategy settings, because not all asset responds on the same way.
ONLY LONG EXAMPLE
ONLY SHORT EXAMPLE
Optimised RSI strategy for Reversals (by Coinrule)The most common way to use the RSI to spot a good buy opportunity is to check for values lower than 30. Unfortunately, the RSI can remain in oversold territory for long periods, and that could leave you trapped in a trade in loss. It would be appropriate to wait for a confirmation of the trend reversal.
In the example above I use a short-term Moving Average (in this case, the MA9) coupled with an RSI lower than 40. This combination of events is relatively rare as reversal confirmations usually come when RSI values are already higher. As unusual as this setup is, it provides buy-opportunities with much higher chances of success.
The parameters of this strategy would be:
ENTRY: RSI lower than 40 and MA9 lower than the price
TAKE PROFIT and STOP-LOSS with a ratio of at least 2. That means that if you set up a take profit of 3%, your stop-loss shouldn’t be larger than 1.5%.
The advantage of this approach is that it has a high rate of success and allows you the flexibility of setting up the percentages of the take profit and stop-loss according to your preferences and risk appetite.
Maddrix_club III (strategy)Maddrix club III (STRATEGY) is an advanced trading algorithm that goes long and short in spite of the market condition. It aims to capture large moves. It is the fruit of over a thousand hours of work, trials, errors, research, etc.
The STUDY version is also posted.
There are 5 main variables to adjust the indicator:
Framework length – Use this to establish the environment. Shorter length = volatile environment. Longer length = steadier.
Framework multiplier – Use this to adjust the environment to the asset. Lower value for less volatile price action and higher value for very volatile price action.
Search timeframe – Use this to lookback for a fractal . In theory, the longer the lookback the more reliable the fractal recognition.
Trigger line – Use this to adjust the trigger level. In theory, the lower the trigger the more signals you get.
Threshold – Use this to filter the signals. The higher the threshold, the less signal you get.
The best way to go about changing the settings, is to start off the default value. I’d do a monthly check-in playing with few of them and readjusting based on results from the exchange.
They are different, as this one can show you the equity curve.
It works on many markets as long as there is sufficient activity to create patterns and repetition.
You will notice a slight difference between the strategy calculation and the algo calculation (built in the algo) - this is because the exits are not exactly at the same levels. I left this on purpose, so that you can see that even with a little slippage, overall this is positive.
Very good results have been observed on the 15 min time frame though it technically works on all timeframe (5 min for example, 1 hour also). On the example above ETHUSDT – 15 min, the back test shows consistency in the results for the last 2 years. The theory behind it is based on probabilities, human emotions, and repetition in market patterns.
Results have also shown great adaptability, meaning the total profits don’t change considerably when we play with settings. This is very good because even if you try to fine tune a set of settings to the past, the probability that it keeps working in the future is rather high.
Very important note: the calculations DO NOT take into account any fee or slippage that you always experience on the exchanges.
The indicators only uses real time data, therefore it can’t repaint.
There are absolutely no guarantees about this algorithm and past results are not indicative of future performance.
Fees, slippage and API delay: for any algorithm you will use (from me or others), please keep in mind that fees add up, slippage and delay creates differences between algo theory and reality. We can put in place systems to circumvent that, but we will always have them.
3SMMA + Fractal Strategy [Kintsugi Trading]What is the 3SMMA + Fractal Strategy?
This premium indicator was inspired by my desire to find and place high probability forex trades in any market, direction, or time of day.
Why Forex?
The Forex markets operate 24 hours, 5.5 days a week
Access to meaningful leverage
Ability to easily trade long or short
High liquidity
How to use it!
----- First, start by choosing Breakout Additional PIP Size, Stop Additional PIP Size, and Target Profit (TP) PIP Size. -----
- Breakout Additional PIP Size = Additional PIPs beyond the default strategy entry point.
- Stop Additional PIP Size = The default stop is above/below the signal candle, depending on trade direction. This input allows the user to target more or less PIPs as a stopping-out point.
- Target Profit (TP) PIP Size = Number of PIPs set at a target profit.
----- Next, we set the Session Filter. -----
Set the Timezone and Trade Session you desire. If no specific session is desired, simply leave the box unchecked.
----- Next, we set the Length of the 3 Smoothed Moving Averages. -----
Enter the Desired Moving Average Length:
Length 1 - Source
Length 2 - Source
Length 3 - Source
These inputs will determine whether the strategy looks for Long or Short positions.
----- Next, we set the Fractal Periods. -----
This user input re-programs the strategy to only allow for 'n' number of lower or higher candles on either side of a fractal signal.
For example: If the user inputs "5" for the number of Periods, Fractal indicator signals will only appear on candles with "5" candles higher or lower on both sides of the signal candle.
In combination with the 3 Smoothed Moving Averages, the Fractal signals help us determine when to take a trade and in what direction.
The strategy is essentially looking for trades going with the overall trend and placing potential trades after a low has been reached and is re-tested in the overall trend direction.
----- Finally, we backtest our ideas. -----
After using the 'Strategy Tester' tab on TradingView to thoroughly backtest your predictions you are ready to take it to the next level - Automated Trading!
This was my whole reason for creating the script. If you work a full-time job, live in a time zone that is hard to trade, or just don't have the patience, this will be a game-changer for you as it was for me.
Auto-Trading
When it comes to auto-trading this strategy I have included two options in the script that utilize the alert messages generated by TradingView.
*Note: Please trade on a demo account until you feel comfortable enough to use real money, and then please stick to 1%-2% of your total account value in risk per trade.*
AutoView
PineConnector
Good luck with your trading!
Oversold RSI with Tight Stop-Loss Strategy (by Coinrule)KRAKEN:LINKUSD
This is one of the best strategies that can be used to get familiar with technical indicators and start to include them in your rules on Coinrule .
ENTRY
1. This trading system uses the RSI (Relative Strength Index) to anticipate good points to enter positions. RSI is a technical indicator frequently used in trading. It works by measuring the speed and change of price movements to determine whether a coin is oversold (indicating a good entry point) or overbought (indicating a point of exit/entry for a short position). The RSI oscillates between 0 and 100 and is traditionally considered overbought when over 70 and oversold when below 30.
2. To pick the right moment to buy, the strategy enters a trade when the RSI falls below 30 indicating the coin is oversold and primed for a trend reversal.
EXIT
The strategy then exits the position when the price appreciates 7% from the point of entry. The position also maintains a tight stop-loss and closes the position if the price depreciates 1% from the entry price. The idea behind this is to cut your losing trades fast and let your winners ride.
The best time frame for this strategy based on our back testing data is the daily. Shorter time frames can also work well on certain coins, however in our experience, the daily works best. Feel free to experiment with this script and test it on a variety of your coins! With our back testing data a trading fee of 0.1% is taken into account. The fee is aligned to the base fee applied on Binance, which is the largest cryptocurrency exchange by volume. In the example shown, this strategy made a handsome net profit of 52.6% on Chainlink with 66.67% of trades being profitable.
You can execute this strategy on your favorite exchanges with Coinrule .
Range Filter + MA Strategy [Kintsugi Trading]What is the Range Filter + MA Strategy?
This premium indicator was inspired by my desire to find and place high probability forex trades in any market, direction, or time of day.
Why Forex?
The Forex markets operate 24 hours, 5.5 days a week
Access to meaningful leverage
Ability to easily trade long or short
High liquidity
How to use it!
----- First, start by choosing a Risk/Reward Ratio and Stop PIP Size. -----
- Risk/Reward Ratio = If you have a .5 risk/reward, it means you are risking $100 to make $50.
- Stop PIP Size = How many PIPs will be representative of the max risk. i.e. - if you are risking $100 and you set the PIP stop to 10, that means 10 PIPs = $100.
----- Next, we set the Session Filter. -----
Set the Timezone and Trade Session you desire. If no specific session is desired, simply leave the box unchecked.
----- Next, we set the Moving Average Cloud. -----
Enter the Moving Average Type:
Simple Moving Average
Exponential Moving Average
Hull Moving Average
Weighted Moving Average
Smoothed Moving Average
Enter the fast and slow Moving Average Period.
These inputs will determine whether the strategy looks for Long or Short positions.
----- Next, we set the Range Filters. -----
In combination with the Moving Average Cloud, the Range Filter will help us determine when to take a trade and in what direction.
The strategy is essentially looking for small reversals going against the overall trend and placing a trade once that reversal ends and the price moves back in the direction of the overall trend.
The Range filter utilizes confirmation between two entirely separate Range Filter calculations (or set them both equal to use one).
Each Range Filter is completely customizable by:
Source Calculation (open, high, low, close, hl2, hlc3, ohlc4, hlcc4)
Sampling Period
Range Multiplier
----- Finally, we backtest our ideas. -----
After using the 'Strategy Tester' tab on TradingView to thoroughly backtest your predictions you are ready to take it to the next level - Automated Trading!
This was my whole reason for creating the script. If you work a full-time job, live in a time zone that is hard to trade, or just don't have the patience, this will be a game-changer for you as it was for me.
Auto-Trading
When it comes to auto-trading this strategy I have included two options in the script that utilize the alert messages generated by TradingView.
*Note: Please trade on a demo account until you feel comfortable enough to use real money, and then please stick to 1%-2% of your total account value in risk per trade.*
AutoView
PineConnector
Good luck with your trading!
trading YM based on pair tradingThis is inspired by some online free webinars. Didn't pay for the strategy/ course. I just figured it out myself. So there might be problem with this strategy.
Theory: It is based on something called cointegrated. Cointegration means the difference between 2 securities are stable in long term. When the difference is bigger / smaller than normal, then there is space to make profit. You can use some tests to check if they are cointegration. I don't think YM and NQ are strictly cointegrated. I used other platform to test the cointegration. They are not cointegrated. There are multiple ways to do pair trading. I use "Y = A - B * (A /B)" to do this. The back test on tradingview can only trade one security. This is not pair trading in this backtest. But only do long and short based on the theory of pair trading. The max drawdown is huge. You should be careful before doing anything with this strategy.
Welcome to give some advice on improvement.
Session Breakout Strategy [Kintsugi Trading]What is Session Breakout Strategy?
This premium indicator was inspired by my desire to find and place high probability forex trades in any market, direction, or time of day.
Why Forex?
The Forex markets operate 24 hours, 5.5 days a week
Access to meaningful leverage
Ability to easily trade long or short
High liquidity
How to use it!
----- First, start by choosing a Range Session and Trade Session. -----
- Range Session = Period of time you believe will be predictive of future price action. I like to overlay 'FX Market Sessions' by boitoki to target timeframes in which forex market sessions overlap. This period is indicative of buyers and sellers battling it out in an effort to choose a direction.
- Trade Session = Period of time you believe the price will act on the information gathered from the range session.
----- Next, we filter the Range Session by information that will help further predict price movement in the Trade Session. -----
Our tools are:
Moving Average Filter
Average RSI Filter
RSI Decision Level
None
Each parameter is customizable.
----- Next, we set our risk. -----
Enter the "stop pip size' you desire.
Enter the 'target profit pip size' you desire.
We can set out ($) dollar risk-per-trade in the inputs. The script does not know your actual account balance, so if you want to risk $100/trade you would enter '$10,000' in the account balance section and '1' in the Risk Per Trade% section.
For example, an '8' stop and an '8' tp would indicate a 1:1 risk-reward. *Note - although you may generate a higher win percent with a less favorable RR, it is rarely worth it.
----- Finally, we backtest our ideas. -----
After using the 'Strategy Tester' tab to thoroughly backtest your predictions you are ready to take it to the next level - Automated Trading!
This was my whole reason for creating the script. If you work a full-time job, live in a time zone that is hard to trade, or just don't have the patience, this will be a game-changer for you as it was for me.
Auto-Trading
When it comes to auto-trading this strategy I have included two options in the script that utilize the alert messages generated by TradingView.
*Note: Please trade on a demo account until you feel comfortable enough to use real money, and then please stick to 1%-2% of your total account value in risk per trade.*
AutoView
PineConnector
Good luck with your trading!
RSI StrategySimple way how to use RSI and MA indicators for trading.
What we use:
• RSI
• SMA calculated by RSI (title: SMA_RSI)
• Delta of RSI and SMA_RSI (title: delta)
• SMA calculated by delta of RSI and SMA & RSI (title: SMA_RSI2)
Logic:
Upon the fact that we use the difference between two indicators that have similar values ( RSI and SMA_RSI), we get number around zero. Next, result is smoothed by calculated the SMA . This is the blue/purple line that appears on the chart - SMA_RSI2.
The trade open when SMA_RSI2 cross over the threshold. The trade close when SMA_RSI2 cross under the threshold below.
Also, the usual EMA 200 is used as a filter, which you can switch on or switch off.
QaSH DCA DaytraderThis script takes advantage of the power of DCA implemented in the QaSH DCA Algorithm script, and it applies it to new entry conditions. A "Quickfingers Luc" mode has been added, which creates new entry orders whenever a level of support has been identified. If price breaks the support level and quickly drops down, the orders will already be in place to catch the dip. This method can even catch the 1-second long, 50% flash dips that occur in some exchanges.
Four entry conditions are included in this initial release : ASAP, Quickfingers Luc, Bullish Pivot point, and Bearish Pivot point
All order placements are customizable
All take profit % values are based on the average entry price
Take profit % values can change based on how big the price dip was
Entry condition filter has been added and it uses a variable timeframe EMA
Stoploss function is available
Order size can be sent in the alerts, which allows for multiple setups to be running simultaneously in one account
All alerts are sent using the new "Any alert() function call" feature, which means this indicator will only take up one alert slot to cover all entry and exit alerts
Settings advice:
- If you think price is inflated, try conservative settings that either use a stoploss and EMA filter, or no stoploss but have some of your orders placed far below the current price with increasing volume. In a bear market this will beat the buy and hold.
- If you think the market is ready for a new bull run, then try experimenting with very aggressive settings to beat the buy and hold. For example: ASAP mode with 3 layers turned on. Orders placed at 0.5%, 3%, and 5%. Volumes at 30%, 30%, and 40% respectively. No stoploss. These settings were tested on ETH and beat the buy and hold during an extreme bull market period.
TradingGroundhog - Fundamental Bot Automation - Fractal/Wave -V1PLEASE READ THE DESCRIPTION - AS THE SCRIPT IS USED FOR AUTOMATION AND TRADING PAIR SWITCH THE MECHANISM CAN BE COMPLICATED TO UNDERSTAND
#-- Pairs Switching - No Repaint - Fractals - Wavetrend --
This strategy uses my fractal/wavetrend previous methods in order to buy/sell.
However, it has been designed in order to switch automatically the pairs on which it trades to reduce the loss and risk.
#-- Synopsis --
To do so, the script uses a Daily wavetrend oscillator. The oscillator is used to find uptrend periods.
From it, the number of uptrend days are counted.
#-- Wavetrend --
For exemple, if BTC/EUR goes from downtrend to uptrend, the script will start to count since how many days the market is uptrend.
Then, if BTC/EUR goes from uptrend to downtrend, the counter will be reset to 0.
The script only trades during uptrend periods.
#-- Pairs --
Up to 35 pairs can be used at the same time. The user can enable of disable to trade on certain pairs.
Uptrend days are counted for each one of those pairs. The user can define on how many pairs the script can trade at the same time.
The select which pairs will be trade, the script sort all the enabled pairs based on their uptrend days counters.
#-- Trade organization --
For exemple if we set 5, as the number of maximum pairs to trade on.
Trades will be conducted on the 5 pairs being in uptrend for the longest time.
Therefore, to organize the money placement on each pair, the equity is used.
For 100% of equity, 10% are kept if losing trades occur.
The remaining 90% are divided by the number of maximum pairs to trade on.
If we chose 5, we will have (90/5) 18% of our capital placed in each bot.
#-- Setting it --
As explained before, this script is used for automation.
For exemple, lets say you are interested by 15 pairs with promising evolution and you set the number of maximum pairs to trade on to 5.
You will have to set alerts for the script on each of the 15 pairs.
You will receive alerts for when to buy and sell.
Note that the script has to be set for each of the selected pairs, it is not able to trade on 15 pairs (thus, webpages) if only set on one Tradingview webpage.
#-- Plot--
Once launch, you can see a plot.
The plot represent the Uptrend days counter for 20 pairs. It also project the organization of the ENABLED pairs.
If a pair is part of the one with the highest number of uprend days. It's name will be displayed under the plot in a yellow comment box.
Four other box are projected to the right of the plot:
White comment : All the pairs sorted from highest number of uptrend days to the lowest.
Red comment : Pairs with the lowest number of uptrend days.
Blue comment : Interesting pairs which will may be uptrend for a long time.
Green comment : Actual pairs with active trading (thus, the pairs with the maximum number of uptrend days)
#-- Bot automation --
If you use 3commas or other trading bot platforms, you will have to set as comments the BUY/SELL alerts. <= Which is what I am doing with it.
Doing so make you trade on multiple pairs, automatically.
However, you will need to set as input the 3commas signal.
For the moment, the script will be needed for it.
However, I will soon release a V2 taking as input the 3commas strategy comments.
For the moment, you can set the script in different webpages and follow BUY/SELL orders by eyes of alerts. ;)
#-- Parameters --
*** Parameters have been intensively optimized using 35 cryptocurrency pairsin order to have potent efficiency for each of them. I would recommend to only change the METHOD SETTINGS. For the others, I don't recommend any modifications. If you need precision on the other parameters of if you want to modify them, more informations can be found in my previous scripts and ***
Filtering method :
Used to reduce or not the risks. If you set Wavetrend, less trades will be conducted as the wavetrend filter from will be used. If you choose Fractal, no Wavetrend signals will be used.
(I prefer to use Fractal as I am using 1 or 3 minutes timeframes for the moment.)
Market Pairs : You can select on which markets the script will trade by enabling it's checkbox.
*** Also, for the moment, due to Pinescript limitation, I cannot set as input the number of active pairs. So I set 5, after optimization, as the default number of maximum pairs to trade on. Thus, you should open webpage for each ENABLED pairs and load the script in each on them. 5 Tradingview webpage will always be active. ***
#-- Timeframe --
You can use the script for Short or Long term trading:
For Short term, you will have to use 1 or 3 minutes timeframes, depending on the volatility of the market. (What I am using)
For Long term, you will have to use 5 or 15 minutes timeframes, depending on the volatility of the market.
#-- Strategy abilities and results for more than a month of activity -- *** !!! IMPORTANT SECTION !!! ***
I have simulated the profit for the 21 ACTIVE pairs I selected has been potent with my Fractal strategy. Different maximum number of trading pairs were used in order to find the best one. The script was run for the last 46 or 30 days.
Different timeframe have been used as pairs have different volatility.
*** If you use the script, SET IT UP with the following pairs and the following timeframes. ***
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Parameters | Maximum number of trading pairs
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Timeframe | Pairs | 1 2 3 5 6 10
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3M | SHIB | 0 0.98 3.63 2.17 2.56 2.56
1M | SOL | 0 1.5 1.08 1.26 0 0
3M | XRP | 10.5 4.56 3.29 2.19 1.52 1.52
3M | ETH | 9.94 6.97 4.55 3.45 2.19 2.19
3M | BTC | 1.7 2.32 1.74 1.88 1.33 1.33
3M | DOT | 0 3.5 2.32 2.27 1.99 1.99
1M | DOGE | 0 0 0 3.14 1.93 1.93
1M | LUNA | 0 0 0 0.23 2.35 2.35
3M | AVAX | 8.92 0 0.53 3.63 1.17 1.17
1M | HOT | 0 0 2.12 7.96 4.69 4.69
3M | GRT | 0 -1.09 -0.82 0.25 -0.191 0
1M | LINK | 0 0 0 0 0 0
1M | CHZ | 0 0 0.4 0.85 1.89 1.91
3M | WIN | 0 0 0.52 5.89 2.8 2..8
3M | ENJ | 32.63 15.65 12.55 10.31 5.62 5.62
3M | RUNE | 0 4.68 3.42 -1.18 2.3 2.3
3M | LTC | 0 -0.06 1.1 1.29 3.49 3.49
3M | BTT | 0 0 0 0.85 1.63 1.63
3M | BCH | 0 0 0 1.36 2.36 2.36
3M | WRX | 0.26 4.66 5.36 4.29 3.01 3.01
3M | ETC | -0.92 0 0 3.6 3.31 3.56
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Net profit % | 63.03 43.67 37.24 55.69 45.949 43.61
Number of days | 46 30 30 46 46 46
Net profit % per day | 1.38 1.46 1.25 1.22 1.00 0.95
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*** Therefore, we are around more than 1% per day in each case. ***
#-- Choosing pairs --
I selected the 35 cryptocurrencies which can be exchange with EUR and evaluated the ability of my Fractal script on them. The on which have been ENABLED (true) are the best.
BINANCE:SHIBEUR | true
BINANCE:SOLEUR | true
BINANCE:XRPEUR | true
BINANCE:ETHEUR | true
BINANCE:BTCEUR | true
BINANCE:DOTEUR | true
BINANCE:ENJEUR | true
BINANCE:DOGEEUR | true
BINANCE:LUNAEUR | true
BINANCE:VETEUR | false
BINANCE:BNBEUR | false
BINANCE:AVAXEUR | true
BINANCE:HOTEUR | true
BINANCE:EGLDEUR | false
BINANCE:GRTEUR | true
BINANCE:MATICEUR | false
BINANCE:LINKEUR | true
BINANCE:CHZEUR | true
BINANCE:ICPEUR | false
BINANCE:UNIEUR | false
BINANCE:WINEUR | true
BINANCE:ADAEUR | false
BINANCE:RUNEEUR | true
BINANCE:TRXEUR | false
BINANCE:THETAEUR | false
BINANCE:EOSEUR | false
BINANCE:LTCEUR | true
BINANCE:XLMEUR | false
BINANCE:BTTEUR | true
BINANCE:SXPEUR | false
BINANCE:LAZIOEUR | false
BINANCE:YFIEUR | false
BINANCE:BCHEUR | true
BINANCE:WRXEUR | true
BINANCE:ETCEUR | true
Quickfingers Luc's Base Breaking Strategy v2.5 - 3Commas EditionIntroduction
The strategy attempts to implement a popular price action strategy by Luc Thomas (a.k.a. Quickfingers Luc) typically referred to as a QFL base-breaking strategy specifically for the 3Commas platform. The Input settings have been redesigned to match the same inputs as the 3Commas My Bot Settings page. Only the "Deal Start Condition" section will echo the required QFL-related settings found in the original Quickfingers Luc's Base Breaking Strategy v2.5 to successfully implement the strategy.
The strategy revolves around price action movements that reveal “bases”, which are price levels of support that have a significant, rapid price surges called “bounces”. Once a base is revealed, the base price level is used as reference to implement multiple entries below the base using a layering technique of dollar-cost averaging to place multiple limit orders at various price levels below the base price. As price action breaks below the base price, the limit orders will be filled, and the take profit, breakeven and stop loss prices will be recalculated.
How is it original and useful?
This strategy is unique in that the strategy version fully supports the TradingView backtester, which will enable you to perform experiments with various settings to evaluate performance using the historical chart data. The study version implements the "Start Deal" and "Close Deal" alerts for you to integrate with 3Comma's "Trading View Custom Signal" start condition. Both script versions will provide the same configuration abilities. The following list is a brief description of its usefulness:
The ability to define the QFL base confirmation settings, including volume analysis.
The ability to define your preferred layering strategy of either dollar-cost averaging (DCA) or grid-like layers along with precise layer placement.
The ability to define your trading parameters like take profit and stop loss offsets, exchange commission rates, trading start time, and position size multiplication for each layer.
The ability to define flexible trade eligibility rules that can use other chart indicators, like RSI or EMA, to exclude the selection of base prices for trading.
The ability to set the visibility & color theme of the detailed statistics from the chart history pertaining to trading sessions started and closed, session durations, win rate, price action drops and bounces, as well as layer utilization.
How does it compare to other scripts in the Public Library?
The strategy offers a very detailed, comprehensive settings to implement the QFL base-breaking strategy ion 3Commas. The strategy version leverages the full features of the TradingView backtester to provide informative, detailed performance measurements surrounding this unique trading strategy. The study version will implement the latest alert framework called "Any Alert() Function" where you can create a single alert to handle multiple events, which include:
Deal Start
Deal Close
What does it do and how does it do it?
The strategy can be applied to any chart at any time frame, but the minimum should be no lower than 10 minutes. When applied to the chart for the first time, the default settings will work to render base price levels in orange and 8 DCA layers in thin blue lines. As you scroll through the chart's history you should see price action crossing the DCA layers, denoted with blue triangles, and a green take-profit line will render with green triangle denoting the crossing. Lastly, when a deal session begins upon the crossing of the first layer, the indicator will continue to identify base price levels, but the color of the price lines will be gray. When the trade session concludes upon the crossing of the take profit line, the indicator will switch the most recent base price line from gray to orange to make it active and eligible for trading.
As price action develops, the indicator will use the "Base Confirmation Settings" to look back by counting the number of bars to the left and right of a pivot low point, measure the price drops and bounces, and volume amounts to validate that they are within the specified values. If so, the indicator will draw an orange triangle beneath the candle bar to denote it as the pivot low point and begin rendering the orange line as the base price. The DCA layers will be calculated and offset relative to the base price using thin blue lines.
Optionally, the breakeven price line will be drawn to help visualize the true breakeven price which takes into consideration the exchange fees being applied. Base line, take profit, stop loss and DCA layer crossings will be denoted with colorful shapes to help visually recognize the events on the chart.
The volume is validated only at the pivot low candle. It will measure the volume against the moving average to determine base confirmation. A volume factor of 1 will mean that the volume must be at least the same value as the moving average value. A volume factor of 2 means it must be twice the moving average value.
Lastly, a table of statistics is positioned to the upper-right corner of the chart that summarize all the events that have taken place since the indicator began simulating deal sessions from the chart's history.
Strategy Results
The default settings are designed to define a "weak" QFL base to ensure that the indicator will render chart elements when first loaded as well as to allow the backtester to gather order executions and display performance summary. The strategy version is using $10,000 initial capital, a commission rate of 0.1% for both entries and exits, and a 1 tick slippage setting. It is also using 3.4881% of the equity for the Base Order Size, 4.7097% of equity for the first Safety Order Size. The Maximum Safety Trade Count is 7 with a Safety Order Volume Scale of 1.35, and a take profit of 5% with no stop loss. All other settings are defaults.
It is recommended that the indicator be "tuned" for your specific market in order to best implement the QFL trading strategy and obtain better desirable results. You do so by using the statistics table and observe the Mean Price Drop and Bounce values to learn what the indicator is detecting when it measures from the pivot low points. Using this information, you can adjust the Base Confirmation Settings accordingly, along with any volume specifications you require, to configure the indicator for the chart.
Always keep in mind that past performance may not be indicative of future results. Settings that seem favorable for one market may be found to be disastrous in another. Therefore, do take the time needed to understand how the settings will behave with the given chart symbol.
Enjoy! 😊👍
How to obtain access to the script?
You have two choices:
Use the "Website" link below to obtain access to this indicator, or
Send us a private message (PM) in TradingView itself.
Quickfingers Luc's Base Breaking Strategy v2.5Introduction
The strategy attempts to implement a popular price action strategy by Luc Thomas (a.k.a. Quickfingers Luc) typically referred to as a QFL base-breaking strategy. The strategy revolves around price action movements that reveal “bases”, which are price levels of support that have a significant, rapid price surges called “bounces”. Once a base is revealed, the base price level is used as reference to implement multiple entries below the base using a layering technique of dollar-cost averaging to place multiple limit orders at various price levels below the base price. As price action breaks below the base price, the limit orders will be filled, and the take profit, breakeven and stop loss prices will be recalculated.
How is it original and useful?
This strategy is unique in that the strategy version fully supports the TradingView backtester, which will enable you to perform experiments with various settings to evaluate performance using the historical chart data. The study version implements numerous custom alerts for you to build TradingView notifications around specific price action events and stay informed with market activity in real-time. Both script versions will provide the same configuration abilities where you can define:
Base confirmation settings, including volume analysis.
Your preferred layering strategy of either Dollar-cost averaging (DCA) or grid-like layers along with precise layer placement.
Your trading parameters like take profit and stop loss offsets, exchange commission rates, trading start time, and position size multiplication for each layer.
Flexible trade eligibility rules that can use other chart indicators, like RSI or EMA, to exclude the selection of base prices for trading.
The visibility of detailed statistics from the chart history pertaining to trading sessions started and closed, session durations, win rate, price action drops and bounces, as well as layer utilization.
How does it compare to other scripts in the Public Library?
The strategy offers a very detailed, comprehensive settings to address all types of markets found on TradingView where you can implement the QFL base-breaking strategy. The strategy version can be considered the first of its kind on TradingView to leverage the backtester to provide informative, detailed performance measurements surrounding this unique trading strategy. The study version will contain numerous custom alerts to aid in your notification preferences and stay informed on the indicator's activities:
Base Created
Base Cracked
Base Respected
Any Layer Cracked
Layer 1 Cracked
Layer 2 Cracked
Layer 3 Cracked
Layer 4 Cracked
Layer 5 Cracked
Layer 6 Cracked
Layer 7 Cracked
Layer 8 Cracked
Layer 9 Cracked
Layer 1 Respected
Layer 2 Respected
Layer 3 Respected
Layer 4 Respected
Layer 5 Respected
Layer 6 Respected
Layer 7 Respected
Layer 8 Respected
Take Profit Crossed
Stop Loss Crossed
What does it do and how does it do it?
It is recommended that you start with a chart that is on an hourly timeframe with the "Scale Price Chart Only" chart setting enabled. When applied to the chart for the first time, the default settings will work to render base price levels in orange and 8 DCA layers in blue using a Fibonacci-like sequence for the deviation offset relative to the base price. As you scroll through the chart's history you should see price action crossing the DCA layers, denoted with blue triangles, and a green take-profit line will render with green triangle denoting the crossing. Lastly, when a trade session begins upon the crossing of the first layer, the indicator will continue to identify base price levels, but the color of the price lines will be gray. When the trade session concludes upon the crossing of the take profit line, the indicator will switch the most recent base price line from gray to orange to make it active and eligible for trading.
As price action develops, the indicator will use the "Base Confirmation Settings" to look back by counting the number of bars to the left and right of a pivot low point, measure the price drops and bounces, and volume amounts to validate that they are within the specified values. If so, the indicator will draw an orange triangle beneath the candle bar to denote it as the pivot low point and begin rendering the orange line as the base price. The DCA layers will be calculated and offset relative to the base price using thin blue lines.
Optionally, the breakeven price line will be drawn to help visualize the true breakeven price which takes into consideration the exchange fees being applied. Base line, take profit, stop loss and DCA layer crossings will be denoted with colorful shapes to help visually recognize the events on the chart.
The volume is validated only at the pivot low candle. It will measure the volume against the moving average to determine base confirmation. A volume factor of 1 will mean that the volume must be at least the same value as the moving average value. A volume factor of 2 means it must be twice the moving average value.
Lastly, the very last bar will render a table of statistics that summarize all the events that have taken place since the indicator began simulating trading sessions from the chart's history.
Strategy Results
The default settings are designed to define a "weak" QFL base to ensure that the indicator will render chart elements when first loaded as well as to allow the backtester to gather order executions and display performance summary. The strategy version is using $10,000 initial capital, a commission rate of 0.1% for both entries and exits, and a 1 tick slippage setting. It is also using 3.4887% of the equity with a Position Size Multiplier of 1.35, using 8 total DCA layers, and a take profit of 5% with no stop loss. All other settings are defaults.
It is recommended that the indicator be "tuned" for your specific market in order to best implement the QFL trading strategy and obtain better desirable results. You do so by using the statistics table and observe the Mean Price Drop and Bounce values to learn what the indicator is detecting when it measures from the pivot low points. Using this information, you can adjust the Base Confirmation Settings accordingly, along with any volume specifications you require, to configure the indicator for the chart.
Always keep in mind that past performance may not be indicative of future results. Settings that seem favorable for one market may be found to be disastrous in another. Therefore, do take the time needed to understand how the settings will behave with the given chart symbol.
Enjoy! 😊👍
How to obtain access to the script?
You have two choices:
Use the "Website" link below to obtain access to this indicator, or
Send us a private message (PM) in TradingView itself.
Daily Dax Strategy
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Hey there!
There are a lot of reasons why this strategy has performed very well in recent years.
A very simple strategy in itself. The system basically follows the trend following approach. The focus is always on rising trends. No action takes place during falling trends. Both time filters and trend filters are used. There is only one position per day which is compulsorily closed again at the end of the time filter.
Only for CURRENCYCOM:DE30 !
The indicator is designed for the h1 hourly chart. In addition, the display can be adjusted using the options.
That's all. Due to the economic background, the strategy can be used without a large technical chart analysis.
Warning: Before contacting a position, it is always more important than having strong news. Better to play it safe in these same ones.
Caution: With this strategy, as an exception, no SL is allowed by default. Therefore always calculate the risk carefully.
Past results do not guarantee future profits!
Follow the link below to get access to this indicator or get us a PM to get access.
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Willkommen!
Es gibt viele Gründe, warum sich diese Strategie in den letzten Jahren ganz gut bewährt hat.
Eine sehr einfache Strategie für sich. Grundsätzlich folgt das System dem Trendfolge Ansatz. Es wird immer nur auf steigende Trends gesetzt. Während fallenden Trends finden keine Aktionen statt. Es werden sowohl Zeitfilter als auch Trendfilter verwendet. Es gibt nur eine Position am Tag welche zwingend auch am Ende des Zeitfilters wieder geschlossen wird.
Only for CURRENCYCOM:DE30 !
Der Indikator ist für den h1 Stundechart ausgelegt. Zusätzlich kann die Anzeige über die Optionen angepasst werden.
Das ist alles. Aufgrund des wirtschaftlichen Hintergrunds kann die Strategie ohne umfangreiche technische Chartanalyse verwendet werden.
Achtung: Vor dem Öffnen einer Positionen immer zuerst prüfen ob starke News anstehen. In diesen Fällen lieber auf Nummer sicher gehen.
Achtung: Bei dieser Strategie ist standardmäßig ausnahmsweise kein SL vorgesehen. Daher das Risiko Immer gut kalkulieren.
Vergangene Ergebnisse garantieren keine zukünftigen Gewinne!
Verwenden Sie den folgenden Link, um Zugriff auf diesen Indikator zu erhalten oder schreibe uns eine PM um Zugriff zu erhalten.
Ichimoku + RSI Crypto trending strategyThis is a crypto trending strategy designed for big timeframes such as 3-4h+.
Its components are:
RSI
ICHIMOKU full pack
Heikin Ashi candles for logic calculation inside
Rules for entry.
For long : we have a long cross condition on ichimoku and price is above the ichimoku lines, and at the same time RSI value is > 50.
For long : we have a short cross condition on ichimoku and price is below the ichimoku lines, and at the same time RSI value is < 50.
Rules for exit
We exit whenever we receive an opposite signal of the initial entry.
SInce this strategy is using no risk management inside, I recommend to be careful with it .
If you have any questions, let me know !
MY_VISIONThe MY_VISION strategy is designed to work with any tool (cryptocurrency, stocks, forex) on any TF.
The signal formation is based on the Donchan channel with the author's revision of the conditions for fixing the price above or below the trend line.
Setup is set up by adjusting the period and multiplier, which are standard for the Donetsk channel.
Also, the strategy has the ability to display additional signals that may occur in the area of the main signal (LONG/SHORT) after confirming the formed pivot (pivot point/rebound) and subject to the closing of the previous transaction.
You can choose several types of takes:
1. ATR-takes, which depend on the price volatility and the width of the Donetsk channel.
2. FIX-takes that you set manually in % of the price.
3. TRIGGER-takes that are formed according to the triggers found by the script on the chart. Triggers are certain price points that appear on the chart when testing the support or resistance level, in the future, the price in 90% of cases returns to these levels and breaks through them. The MY_VISION strategy finds these points on any TF, takes into account those already worked out/overlapped by the price and uses these values as takes.
You can use from 1 to 3 takes to choose from; the desired take is marked with a check mark in the settings.
You can also use several types of stop lines:
The ATR value of the stop line is formed on the basis of the volatility along the ATR line and has a tuning multiplier that allows you to bring the stop line closer or further away from the price.
1. FIX - a fixed value of the stop line as a % of the entry price of the position.
2. TREND - the value of the stop line is carried out along the base trend line of the Donetsk channel.
3. PIVOT - the value of the stop line is set at the nearest pivot (pivot/rebound point) and is shifted if a new one is formed.
You have the opportunity to activate the stop-line lift under the following conditions:
1. Lift at tp1 to breakeven.
2. Lift at tp2 to breakeven.
3. Lifting the stop line to the specified level in % of the entry point when the price reaches the specified profit. (This is especially convenient if you do not use fixed takings or they are of great importance).
Also, the strategy has the ability to display a table with a list of triggers (the price at which a breakout is expected) at the top and bottom of the current price up to 10 pcs. on each side.
It is possible to display the trend line, the current state of the strategy (position, take values, stop line value), the background illumination of the trading zone (LONG/SHORT). As well as displaying a compact display in the indicator settings table, for the convenience of saving your settings using the PrintScreen function.
You can sign the strategy in the Notes field - this is convenient if you place several versions of the MY_VISION strategy on the chart with different settings (for different pairs or for different TF).
>> In the strategy settings, each field has hints, to do this, hover the cursor over the sign ⓘ
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The MY_VISION strategy is closed! You can get test access to it for 48 hours.
In order to get access or ask questions, write to me in private messages or by the contacts specified in my signature.
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Стратегия MY_VISION предназначена для работы с любым инструментом (криптовалюта, акции, форекс) на любом ТФ.
В основе формирования сигналов лежит канал Дончана с авторской доработкой условий закрепления цены выше или ниже трендовой линии.
Настройка сетапа производится с помощью регулировки периода и множителя, стандартных для канала Дончан.
Также в стратегии есть возможность отображения дополнительных сигналов, которые могут возникать в зоне действия основного сигнала (LONG/SHORT) после подтверждения сформировавшегося пивота (точки разворота/отскока) и при условии закрытия предыдущей сделки.
Вы можете выбрать несколько типов тейков:
1. ATR - тейки, которые зависят от волатильности цены и ширины канала Дончан.
2. FIX - тейки, которые Вы задаёте вручную в % от цены.
3. TRIGGER - тейки, которые формируются по найденным скриптом триггерам на графике. Триггеры - это определенные ценовые точки, которые появляются на графике при тестировании уровня поддержки или сопротивления, в дальнейшем цена в 90% случаев возвращается к этим уровням и пробивает их. Стратегия MY_VISION находит эти точки на любом ТФ, учитывает уже отработанные/перекрытые ценой и использует эти значения в качестве тейков.
Вы можете использовать от 1 до 3 тейков на выбор; нужный тейк отмечается в настройках галочкой.
Также Вы можете использовать несколько видов стоп-линий:
1. ATR - значение стоп-линии формируется на базе волатильности по линии ATR и имеет подстроечный множитель, который позволяет приблизить или отдалить стоп-линию от цены.
2. FIX - фиксированное значение стоп-линии в % от цены входа в позицию.
3. TREND - значение стоп-линии ведётся по базовой трендовой линии канала Дончан.
4. PIVOT - значение стоп-линии выставляется по ближайшему пивоту (точке разворота/отскока) и смещается, если формируется новый.
У Вас есть возможность активировать подтяжку стоп-линии при следующих условиях:
1. Подтяжка при tp1 в безубыток.
2. Подтяжка при tp2 в безубыток.
3. Подтяжка стоп-линии на заданный уровень в % от точки входа при достижении ценой заданного профита. (Это особенно удобно, если Вы не используете фиксированные тейки или они имеют большое значение).
Также в стратегии есть возможность отобразить таблицу со списком триггеров (цена, по которой ожидается пробитие) сверху и снизу от текущей цены до 10 шт. с каждой стороны.
Есть возможность отображать трендовую линию, текущее состояние стратегии (позиция, значения тейков, значение стоп-линии), фоновая подсветка торговой зоны (LONG/SHORT). А также отображение компактное отображение в таблице настроек индикатора, для удобства сохранения своих настроек с помощью функции PrintScreen.
Вы можете подписать стратегию в поле Notes - это удобно, если Вы размещаете на графике несколько версий стратегии MY_VISION с разными настройками (для разных пар или для разных ТФ).
>> В настройках стратегии у каждого поля есть подсказки, для этого наведите курсор на знак ⓘ
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Стратегия MY_VISION является закрытой! Вы можете получить к ней тестовый доступ на 48 часов.
Для того, чтобы получить доступ или задать вопросы пишите мне в личные сообщения или по контактам, указанным в моей подписи.
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mark strategy2 divergence bot v0.5 for xbtusdHi first of all thanks for read this.
This is my second strategy for make trading, I optimized it for xbtusd with 30 min charts.
You can personalize some setting for reach a better result then me, these are the setting:
this script is only for long trade, so bearish divergence don't work
1)ema1
U can change this value for use another ema and use a faster or slower trend
2)ema2
U can change this value for use another ema and use a faster or slower trend
3)pivot right
U can change this value for watch a number of bar on your right
4)pivot left
U can change this value for watch a number of bar on your left
5)high range
U can change this value for watch a max number of bar
6)low range
U can change this value for watch a min number of bar
7)bullish
U can change this value for enable signal with bullish divergence
8)hidden bullish
U can change this value for enable signal with hidden bullish divergence
9)bearish
U can change this value for enable signal with bearish divergence
10)hidden bearish
U can change this value for enable signal with hidden bearish divergence
11)profit 1 %
U can change this value for the first take profit target
12)profit 2 %
U can change this value for the second take profit target
13)qty target 1 %
U can change this value for close a % of your trade at target 1
14)loss %
U can change this value for close the trade at a % of loss
Have nice day and send me a message if u will earn with my strategy.
If u want my code send me a message
for info send me a message
Morun Astro Trend MAs cross StrategyAstrology machine learning cycles indicator signals with technical MAs indicators strategy, based on signals index of Github project github.com
Excitement - Crypto Surfer v1For those of us who need more excitement in our crypto journey besides just HODL, here’s a simple crypto robot that trades on the hourly (1H) candles. I call it the Crypto Surfer because it uses the 20 and 40 EMAs (Exponential Moving Averages) to decide when to enter and exit; price tends to “surf” above these EMAs when it is bullish, and “sink” below these EMAs when it is bearish. An additional 160 SMA (Simple Moving Average) with slope-angle detection, was added as a bull / bear filter to reduce the sting of drawdowns, by filtering-out long trades in a prolonged bear market.
USER NOTES:
- This script will buy $10,000 USD worth of crypto-currency per trade.
- It will only open one trade at a time.
- It has been backtested on all the high market cap coins such as Bitcoin, Ethereum, Binance Coin, Polkadot, Cardano.
- It should be run on the Hourly (H1) chart.
- In general, this moving average strategy *should be* profitable for 80% to 90% of the coins out there
- The 160 SMA filter with slope angle detection is designed to stop you from going long in a bear market.
- It is recommended you copy this script and modify it to suit your preferred coin during backtesting, before running live.
- Trading is inherently risky (exciting), and I shall not be liable for any losses you incur, even if these losses are due to sampling bias.