General premise: - Is the 10MA above the 20MA and a bullish candle? If yes, open a long. - Will close the trade at the first bearish candle. - Reverse it for going short.
Quite a conservative strategy, not for day trading.
Alerts: - Long - Short - Close
Will need to be able to short altcoins to make the most of it, but will at least keep you out of sustained downtrends.
Backtest it on bitcoin and other large cap alts on high time frames. For lazy trading, can set up alerts with AutoView.
Check out my other scripts.
ملاحظات الأخبار
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Minor adjustments.
Some profitability backtesting results on 1 day timeframe using strategy tester:
there are issues with this script.. your close is always on indecision candles should be first Bullish first Bearish when exiting... also a 10 20 gives to many false signals. 10 30 emas would be more appropriate, on top of this should be reflexion of 2 time frames. like 1 lower 15min and 1 upper 1hr in a Duo chart. Entries should be Enable after the upper time defines the trend then u take it on the lower timeframe. Your Entries are correct but the close is OFF. :(
sebfrcan
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Thanks a lot for this script i love it !! i will donate to you soon i promise !! cuz i earn a lot with this script !