Based on my VWAP + Fibo deviations indicator, I tested some strategies to see if the indicator can be profitable; and I got it ! This strategy uses: H1 timeframe Weekly VWAP +1.618 / +2.618 / -1.618 / -2.618 Deviations Extensions to create 2 bands The value of the deviation First, the 2 bands are plotted : +1.618/+2.618 painted in red and -1.618/-2.618...
This is an alternate version of Breakout Trend Trading Strategy - V1 Only difference is, this strategy places stop orders based on calculated targets whereas V1 waits for price to close target levels and then places market orders. Hence, you will receive the target prices before trade executes in strategy. Parameters are same as that of Breakout Trend...
Strategy in nutshell: This strategy is made to be used in daily time-frames. Works better on trending instruments where volume is available. Hence, this is more suitable for trending shares rather than currencies, commodities and indexes where volume data is either not present or not reliable. Breakout signifies the continuation of trend. Hence, trade in the...
For 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 mean reversion strategy based on Bollinger Bands and the Intraday Intensity Index (a volume indicator)....
First 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...
Golden Triangle strategy setup is a variation of the buy-the-dip strategy, by Charlotte Hudgin. You can find the detailed explanation here by Thomas N. Bulkowski thepatternsite.com BUY === 1. price should be trading above sma50 2. when it touches sma50 first time , check the starting rallypoint of where it initiated 3. from the above point to current close ,...
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...
This strategy combines VWAP and BB indicators BUY RULE 1. EMA50 > EMA 200 2. if current close > vwap session value 3. check if price dipped BB lower band for any of last 10 candles EXIT RULE 1. price closes above BB upper band STOP LOSS EXIT 1. As configured --- default is set to 5% warning: for the use of educational purposes only
This strategy is based on Z distance from VWAP indicator by LazyBear I have added few filters to utilize the indicator ... BUY Rule ======= 1. fast ema is above slow ema 2. zvwap is dipped below oversold area (default set to -0.5) 3. after the dip , while crossing above zero --- BUY Note , when the above criteria is met , bar color is changed to...
1) Price & Volume forms Higher High in the last 45 min 2) Volume is above Avg (20 MA Vol) 3) Indicates EOD buying next Gap up will happen 4) BTST strategy 5) Scanner available
This strategy tries to mimic TradingLatino strategy. The current implementation is beta. Si hablas castellano o espanyol por favor consulta MENSAJE EN CASTELLANO más abajo. It's aimed at BTCUSDT pair and 4h timeframe. STRATEGY DEFAULT SETTINGS EXPLANATION max_bars_back=5000 : This is a random number of bars so that the strategy test lasts for one or two...
This strategy combines VWAP and RSI indicators BUY RULE 1. EMA50 > EMA 200 2. if current close > vwap session value and close>open 3. check if RSI3 is dipped below 10 for any of last 10 candles (as defined rsi_buy_level) EXIT RULE 1. RSI3 crossing down 90 level (as defined in rsi_sell_level) STOP LOSS EXIT 1. default is set to 5% you need to add EMA...
This strategy is based on VFI indicator published by UTS. for the strategy purpose , I have added buy line and sell line to the indicator and tested SPY stock/index on one hour chart BUY RULE ========== 1. EMA 50 is above EMA 200 2. vfi line is pulled down and crossing above -4 EXIT RULE ========== 1. when vfi line crossing down 5 STOP...
Simple strategy, Using Volume weighted Bollinger Bands > Directions for Usage: 1. Use only in scripts where volume is specified by tradingview 2. Check on which timeframe the script has a profit factor greater than 1.4 3. Use that timeframe for profitability 4. In some high liquid securities there is a decent profit factor even at 5 min scale (optimise at...
This demonstrates the accuracy of entry signal of the MFI + RSI + STOCH RSI strategy
The script picks up nifty stocks with their current respective weights and plots a Volume Weighted Average Price line along with 2 EMAs and an alert when the EMAs cross over. You can customize the script for EMA lengths and to remove alert. Basic utility of the script is to analyse volumes driving the Nifty 50 index. Credits to @daytraderph and his script...
**This is my first strategy on the Pine editor, any tips or tricks from the community would be awesome! This strategy was developed from my indicator "cATRpillar". it uses the ATR range values to determine entry, and uses EMA values to determine an exit if the market goes against it.
This is the strategy version for the ranged volume indicator I published a few days ago. Long : First yellow break-out after red Short : First red break-out after yellow Because this is volume, you want to be using this on an exchange with high volume for the best results. Default settings are not optimized but work great on bitcoins daily chart. A short...