This strategy is based on MTF strategy found on Forex Factory forum and published by bobby2 (credits to him).
This is quite simple but need improvement to work properly:
1- it is made for 5 min chart
2- when 15min stochastic cross above 50 and 5min stochastic is rising, buy
3- when 15min stochastic cross below 50 and 5min stochastic is falling, sell
It's a merge of three really good scripts CM sling shot, CM MTC and Open Close Cross
Indicates open and close with Sling shot and shots after peaks by MTC and OCC.
Yellow zones before drop prices, green bar, red bar for open and close.
This is a second attempt at an easy to understand multiple time frame strategy. This one uses ATR for exits. If the position is long, and the price closes below the ATR multiplier, it triggers a close. If the position is short, and the price closes above the ATR/multiplier, it triggers a close. This generates a lot of little trades but is useful because it...
A modification of dasanc's "Fisher Stochastic Center of Gravity"
- Thresholds for Buy/Sell Signals
- Trailing Stop / Stop Loss
- Backtest Range
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Screw you people selling open-source scripts to newbies.
If you want a good strategy without repaint. This one might be for you. Excellent profitable for BTCUSD3M for OKCoin.
It uses multiple time frame MACD for trading decision. To avoid repaint, set the delay period = 1 for both long term and midterm.
The idea is that, if long term, mid term and current time frame all agree on traidng direction, the trade will...