RSI Crossover Strategy with Compounding (Monthly)Explanation of the Code:
Initial Setup:
The strategy initializes with a capital of 100,000.
Variables track the capital and the amount invested in the current trade.
RSI Calculation:
The RSI and its SMA are calculated on the monthly timeframe using request.security().
Entry and Exit Conditions:
Entry: A long position is initiated when the RSI is above its SMA and there’s no existing position. The quantity is based on available capital.
Exit: The position is closed when the RSI falls below its SMA. The capital is updated based on the net profit from the trade.
Capital Management:
After closing a trade, the capital is updated with the net profit plus the initial investment.
Plotting:
The RSI and its SMA are plotted for visualization on the chart.
A label displays the current capital.
Notes:
Test the strategy on different instruments and historical data to see how it performs.
Adjust parameters as needed for your specific trading preferences.
This script is a basic framework, and you might want to enhance it with risk management, stop-loss, or take-profit features as per your trading strategy.
Feel free to modify it further based on your needs!
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Super IndicatorOverview of the Combined Indicator
This combined indicator leverages three major technical analysis tools:
Bollinger Bands
Linear Regression Channels
Scalping Strategy Indicators (RSI, MACD, SMA)
Each of these tools provides unique insights into market conditions, and their integration offers a comprehensive view of price movements, trends, and potential trading signals.
1. Bollinger Bands
Purpose:
Bollinger Bands are used to measure market volatility and identify overbought or oversold conditions.
Components:
Basis (Middle Band): Typically a 20-period Simple Moving Average (SMA).
Upper Band: Basis + (2 * Standard Deviation).
Lower Band: Basis - (2 * Standard Deviation).
Why They Complement:
Bollinger Bands expand and contract based on market volatility. When the bands are narrow, it indicates low volatility and potential for a significant move. Wide bands indicate high volatility. This helps traders gauge the strength of market moves and potential reversals.
2. Linear Regression Channels
Purpose:
Linear Regression Channels identify the overall trend direction and measure deviation from the mean price over a specific period.
Components:
Middle Line (Linear Regression Line): The line of best fit through the price data over a specified period.
Upper and Lower Lines: Channels created by adding/subtracting a multiple of the standard deviation or another deviation measure from the regression line.
Why They Complement:
Linear Regression Channels provide a clear visual representation of the trend direction and the range within which prices typically fluctuate. This can help traders identify trend continuations and reversals, making it easier to spot entry and exit points.
3. Scalping Strategy Indicators
Purpose:
The RSI, MACD, and SMA are used to generate short-term buy and sell signals, which are essential for scalping strategies aimed at capturing quick profits from small price movements.
Components:
RSI (Relative Strength Index): Measures the speed and change of price movements, typically over 14 periods. It helps identify overbought and oversold conditions.
MACD (Moving Average Convergence Divergence): Consists of the MACD line, Signal line, and histogram. It helps identify changes in the strength, direction, momentum, and duration of a trend.
SMA (Simple Moving Average): The average price over a specified period, used to smooth out price data and identify trends.
Why They Complement:
These indicators provide short-term signals that can confirm or refute the signals given by Bollinger Bands and Linear Regression Channels. For example, a buy signal might be more reliable if the price is near the lower Bollinger Band and the MACD crosses above its signal line.
How They Work Together
Scenario 1: Confirming Trend Continuations
Bollinger Bands: Price staying near the upper band suggests a strong uptrend.
Linear Regression Channels: Price staying above the middle line confirms the uptrend.
5-Minute Scalping Strategy: RSI not in overbought territory, and MACD showing bullish momentum confirms continuation.
Scenario 2: Identifying Reversals
Bollinger Bands: Price touching or moving outside the lower band suggests oversold conditions.
Linear Regression Channels: Price at the lower channel line indicates potential support.
5-Minute Scalping Strategy: RSI in oversold territory, and MACD showing a bullish crossover indicates a reversal.
Scenario 3: Volatility Breakouts
Bollinger Bands: Bands contracting indicates low volatility and potential breakout.
Linear Regression Channels: Price moving away from the middle line signals potential breakout direction.
Scalping Strategy: MACD and RSI confirming the breakout direction for entry.
Input Parameters:
Define settings for Bollinger Bands, Linear Regression Channels, and the scalping strategy.
Allow users to customize lengths, multipliers, and colors.
Bollinger Bands Calculation:
Calculate the basis (SMA) and standard deviation.
Derive the upper and lower bands from the basis and standard deviation.
Linear Regression Channel Calculation:
Compute the slope, average, and intercept of the linear regression line.
Calculate deviations to plot upper and lower channel lines.
5-Minute Scalping Strategy:
Calculate RSI, MACD, and SMA for short-term trend analysis.
Define buy and sell conditions based on these indicators.
Plotting and Alerts:
Plot Bollinger Bands and Linear Regression Channels on the chart.
Plot buy and sell signals with shapes.
Set alerts for key conditions like exiting the regression channel bounds and trend switches.
Conclusion
By combining Bollinger Bands, Linear Regression Channels, and a 5-minute scalping strategy, this indicator offers a robust tool for traders. Bollinger Bands provide volatility insights, Linear Regression Channels highlight trend direction and potential reversals, and the scalping strategy offers precise entry and exit points. Together, these tools can enhance a trader's ability to make informed decisions in various market conditions.
Enhanced Forex IndicatorDescription of the "Enhanced Forex Indicator"
The "Enhanced Forex Indicator" is designed for traders who want a comprehensive technical analysis tool on the TradingView platform. This script integrates Exponential Moving Averages (EMAs), support and resistance zones, and candlestick pattern recognition to provide actionable trading signals, particularly useful for Forex and other financial markets. The script is suitable for intraday trading and swing trading.
Components of the Indicator
Exponential Moving Averages (EMAs):
Short EMA (Blue Line): Faster responding average, good for identifying recent trend changes.
Long EMA (Red Line): Slower moving average, helps in confirming longer-term trends.
Support and Resistance Zones:
Resistance Zone (Red): Area where potential selling pressure could overcome buying pressure, halting price increases temporarily or reversing them.
Support Zone (Green): Area where potential buying pressure could overcome selling pressure, supporting prices and preventing them from falling further.
Candlestick Patterns:
Bullish Engulfing Pattern (Green Triangle Up 'BE'): Suggests a potential upward reversal or start of a bullish trend.
Bearish Engulfing Pattern (Red Triangle Down 'BE'): Indicates a potential downward reversal or start of a bearish trend.
Buy/Sell Signals:
Buy Signal (Green Label 'BUY'): Triggered when the price is above both EMAs and a bullish engulfing pattern is detected.
Sell Signal (Red Label 'SELL'): Triggered when the price is below both EMAs and a bearish engulfing pattern is detected.
Trading Setup:
Entry: Consider entering a buy position when the 'BUY' signal appears, indicating bullish conditions. Enter a sell position when the 'SELL' signal appears, indicating bearish conditions.
Exit: Look for closing signals opposite your entry or use predefined take profit and stop loss levels. For instance, exit a buy position on a 'SELL' signal or when the price drops below the support zone.
Risk Management:
Set stop losses just below the support zone for buy orders and above the resistance zone for sell orders to protect against significant losses.
Adjust position sizes according to your risk tolerance and account balance.
Considerations:
Use this indicator in conjunction with other analysis tools and fundamental data to confirm signals and strengthen your trading strategy.
Periodically backtest the strategy based on this indicator to ensure its effectiveness in current market conditions.
Optimization:
Adjust the lengths of the EMAs and the buffer size of the support and resistance zones to better fit the asset's volatility and your trading timeframe.
Volatility Adjusted Weighted DEMA [BackQuant]Volatility Adjusted Weighted DEMA
The Volatility Adjusted Weighted Double Exponential Moving Average (VAWDEMA) by BackQuant is a sophisticated technical analysis tool designed for traders seeking to integrate volatility into their moving average calculations. This innovative indicator adjusts the weighting of the Double Exponential Moving Average (DEMA) according to recent volatility levels, offering a more dynamic and responsive measure of market trends.
Primarily, the single Moving average is very noisy, but can be used in the context of strategy development, where as the crossover, is best used in the context of defining a trading zone/ macro uptrend on higher timeframes.
Why Volatility Adjustment is Beneficial
Volatility is a fundamental aspect of financial markets, reflecting the intensity of price changes. A volatility adjustment in moving averages is beneficial because it allows the indicator to adapt more quickly during periods of high volatility, providing signals that are more aligned with the current market conditions. This makes the VAWDEMA a versatile tool for identifying trend strength and potential reversal points in more volatile markets.
Understanding DEMA and Its Advantages
DEMA is an indicator that aims to reduce the lag associated with traditional moving averages by applying a double smoothing process. The primary benefit of DEMA is its sensitivity and quicker response to price changes, making it an excellent tool for trend following and momentum trading. Incorporating DEMA into your analysis can help capture trends earlier than with simple moving averages.
The Power of Combining Volatility Adjustment with DEMA
By adjusting the weight of the DEMA based on volatility, the VAWDEMA becomes a powerful hybrid indicator. This combination leverages the quick responsiveness of DEMA while dynamically adjusting its sensitivity based on current market volatility. This results in a moving average that is both swift and adaptive, capable of providing more relevant signals for entering and exiting trades.
Core Logic Behind VAWDEMA
The core logic of the VAWDEMA involves calculating the DEMA for a specified period and then adjusting its weighting based on a volatility measure, such as the average true range (ATR) or standard deviation of price changes. This results in a weighted DEMA that reflects both the direction and the volatility of the market, offering insights into potential trend continuations or reversals.
Utilizing the Crossover in a Trading System
The VAWDEMA crossover occurs when two VAWDEMAs of different lengths cross, signaling potential bullish or bearish market conditions. In a trading system, a crossover can be used as a trigger for entry or exit points:
Bullish Signal: When a shorter-period VAWDEMA crosses above a longer-period VAWDEMA, it may indicate an uptrend, suggesting a potential entry point for a long position.
Bearish Signal: Conversely, when a shorter-period VAWDEMA crosses below a longer-period VAWDEMA, it might signal a downtrend, indicating a possible exit point or a short entry.
Incorporating VAWDEMA crossovers into a trading strategy can enhance decision-making by providing timely and adaptive signals that account for both trend direction and market volatility. Traders should combine these signals with other forms of analysis and risk management techniques to develop a well-rounded trading strategy.
Alert Conditions For Trading
alertcondition(vwdema>vwdema , title="VWDEMA Long", message="VWDEMA Long - {{ticker}} - {{interval}}")
alertcondition(vwdema<vwdema , title="VWDEMA Short", message="VWDEMA Short - {{ticker}} - {{interval}}")
alertcondition(ta.crossover(crossover, 0), title="VWDEMA Crossover Long", message="VWDEMA Crossover Long - {{ticker}} - {{interval}}")
alertcondition(ta.crossunder(crossover, 0), title="VWDEMA Crossover Short", message="VWDEMA Crossover Short - {{ticker}} - {{interval}}")
Thus following all of the key points here are some sample backtests on the 1D Chart
Disclaimer: Backtests are based off past results, and are not indicative of the future.
INDEX:BTCUSD
INDEX:ETHUSD
BINANCE:SOLUSD
BabyShark VWAP Strategy What the code does:
This Pine Script implements a trading strategy based on two indicators: Volume Weighted Average Price (VWAP) and On Balance Volume (OBV) Relative Strength Index (RSI). The strategy aims to identify potential buy and sell signals based on deviations from VWAP and OBV RSI crossing certain threshold levels.
How it does it:
**VWAP Calculation**: The script calculates the VWAP using either standard deviation or average deviation over a specified length. It then plots the VWAP and its upper and lower deviation bands.
**OBV RSI Calculation**: It computes the OBV and then calculates the RSI using the cumulative changes in OBV. The RSI is plotted and compared against predefined levels.
**Table Visibility and Occurrence Counting**: It allows the user to display a table showing the number of occurrences where the price is above Upper Dev 2, below Lower Dev 2, crosses above a higher RSI level, or crosses below a lower RSI level.
**Entries**: Long and short entry conditions are defined based on the position of the price relative to the VWAP deviation bands and the color of the OBV RSI. Entries are made when specific conditions are met, and there hasn't been a recent entry.
**Exit Conditions**: The script includes stop-loss and take-profit mechanisms. It exits positions based on price crossing the VWAP or a certain percentage, and it prevents further trading after a certain number of consecutive losses.
What traders can use it for:
**Trend Identification**: Traders can use the VWAP and its deviation bands to identify potential trend reversals or continuations.
**Volume Confirmation**: The inclusion of OBV RSI provides confirmation of price movements based on volume changes.
**Entry and Exit Signals**: The script generates buy and sell signals based on the specified conditions, allowing traders to enter and exit positions with defined stop-loss and take-profit levels.
**Statistical Analysis**: The visibility of occurrence counts in the table allows traders to perform statistical analysis on the frequency of price movements relative to the VWAP and OBV RSI levels.
DBTVLibrary "DBTV"
entry_message(password, percent, leverage, margin_mode, kis_number)
Create a entry message for POABOT
Parameters:
password (string) : (string) The password of your bot.
percent (float) : (float) The percent for entry based on your wallet balance.
leverage (int) : (int) The leverage of entry. If not set, your levereage doesn't change.
margin_mode (string) : (string) The margin mode for trade(only for OKX). "cross" or "isolated"
kis_number (int) : (int) The number of koreainvestment account. Default 1
Returns: (string) A json formatted string for webhook message.
VWAP with CharacterizationThis indicator is a visual representation of the VWAP (Volume Weighted Average Price), it calculates the weighted average price based on trading volume. Essentially, it provides a measure of the average price at which an asset has traded during a given period, but with a particular focus on trading volume. In our case, the indicator calculates the VWAP for the current trading symbol, using a predefined simple moving average (SMA) with a period of 14. This volume-weighted moving average offers a clearer view of the behavior of the VWAP and, of consequence of market dynamics.
One of the distinctive features of this indicator is its ability to provide a more "linear" representation of the data. This means that the data is "smoothed" to remove noise, allowing you to more easily identify the direction of the market trend. This smoother representation is especially useful because the financial market can be subject to significant fluctuations and volatility, and this indicator can help get a more stable view of the trend.
The indicator also offers a visualization of the market trend in a very intuitive way. Using an evaluation of the highs and lows of the last 10 days, determine whether the market is in an uptrend, downtrend, or no trend at all. To make this evaluation even clearer and more immediate, the indicator line is colored dynamically. When the trend is bullish, the line is blue, while in case of a bearish trend, it takes on a distinctive color, such as pink. If the trend is not defined, the line will be colored differently, for example light yellow. This coloration gives traders an immediate visual indication of the prevailing trend, allowing them to make more informed decisions regarding trading operations.
One potential strategy involves watching candles when they cross the VWAP line strongly. If, for example, a candlestick breaks above the VWAP line, we may look for retest areas near key support levels to gauge a potential long entry. In other words, we would consider that the price may have the potential to rise further after breaking above the VWAP line, and we would look to enter a long position to take advantage of this opportunity.
On the other hand, if a candlestick crosses below the VWAP line, we might consider looking for retest areas near the VWAP line itself, which now serves as potential resistance. This could indicate a possible short entry opportunity, as the price may struggle to break above the resistance represented by the VWAP line after breaking it down. In this case, we would look to take advantage of the expected continuation of the downtrend.
In both cases, the idea is to exploit significant movements across the VWAP line as signals of potential reversal or continuation of the trend. This strategy can help identify key entry points based on price behavior relative to the VWAP line.
Position calculator [krazke]This indicator will help you calculate your position. This will automatically calculate potential liquidation price and select leverage for your stop loss and risk size.
How to use it:
1. Select position direction. (long checkmark - selected if it's long)
2. Select entry. If you want to use custom entry price select checkmark and set value. (Current price is default entry)
3. Enter stop loss.
4. Enter risk.
5. Enter max leverage for current ticker.
P.S. Liquidation price is not 100% correct but it almost.
Candle Tick SizeHello everyone!
I dont think it exists, I couldnt find it any way I searched, maybe it is part of a bigger indicator. This is a really basic code, all it does, it shows the tick/pip size of the candles forming. You can adjust on how many candles should it show. Also because the code counts the point size of the candles from high to low, you can adjust that how many ticks are in one point, like for ES and NQ 4 ticks to a point, which is the basic setting. It helps me with entrys when I calculate the contract size so my risk/reward stays pretty much the same depending on the candle size for my entrys.
Buy&Sell Bullish Engulfing - The Quant Science🇺🇸
GENERAL OVERVIEW
Buy&Sell Bullish Engulfing - The Quant Science It is a Buy&Sell strategy based on the 'Bullish Engulfing' candlestick pattern. The main goal of the strategy is to achieve a consistent and sustainable return over time, with a manageable level of risk.
Bullish Engulfing
The template was developed at the top of the Indicator provided by TradingView called 'Engulfing - Bullish'.
ENTRY AND EXIT CRITERIA
Entry: A single long order is opened when the candlestick pattern is formed, and the percentage size of the order (%) is fixed by the trader through the user interface.
Exit: The long trade is closed on a percentage equity take profit-stop loss.
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🇮🇹
PANORAMICA GENERALE
Buy&Sell Bullish Engulfing - The Quant Science è una strategia Buy&Sell basata sul candlestick pattern 'Bullish Engulfing'. L'obiettivo principale della strategia è ottenere un ritorno costante e sostenibile nel tempo, con un livello gestibile di rischio.
Bullish Engulfing
Il template è stato sviluppato al top dell' Indicatore fornito da Trading View chiamato 'Engulfing - Bullish'.
CRITERI DI ENTRATA E USCITA
Entrata: viene aperto un singolo ordine long quando si forma il candlestick pattern, la size percentuale dell'ordine (%) viene selezionato tramite l'interfaccia utente dal trader.
Uscita: la chiusura della posizione avviene unicamente tramite un take profit-stop loss percentuale calcolato sul capitale.
POALibrary "POA"
This library is a client script for making a webhook signal formatted string to POABOT server.
entry_message(password, percent, leverage, kis_number)
Create a entry message for POABOT
Parameters:
password : (string) The password of your bot.
percent : (float) The percent for entry based on your wallet balance.
leverage : (int) The leverage of entry. If not set, your levereage doesn't change.
kis_number : (int) The number of koreainvestment account.
Returns: (string) A json formatted string for webhook message.
close_message(password, percent, kis_number)
Create a close message for POABOT
Parameters:
password : (string) The password of your bot.
percent : (float) The percent for close based on your wallet balance.
kis_number : (int) The number of koreainvestment account.
Returns: (string) A json formatted string for webhook message.
exit_message(password, percent)
Create a exit message for POABOT
Parameters:
password : (string) The password of your bot.
percent : (float) The percent for exit based on your wallet balance.
Returns: (string) A json formatted string for webhook message.
in_trade(start_time, end_time)
Create a trade start line
Parameters:
start_time : (int) The start of time.
end_time : (int) The end of time.
Returns: (bool) Get bool for trade based on time range.
[D] Dudu 95 Strategy Template ver.1.1.Hello Guys! Nice to meet you all!
This is my Second script after changing My Profile Name!
I updated my strategy template before - I added some filter conditions (EMA, ADX, DMI).
If there's something to update, I will update this script!
Thank you!
-----
I made this based on the open source strategies by jason5480, kevinmck100, myncrypto.
Thank you All!
### Filter
1. Can Choose whether to use filter.
2. Filters Based on ATR, EMA, ADX, and DMI are ready to use.
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
[fpemehd] Strategy TemplateHello Guys! Nice to meet you all!
This is my fourth script!
This is the Strategy Template for traders who wants to make their own strategy.
I made this based on the open source strategies by jason5480, kevinmck100, myncrypto. Thank you All!
### StopLoss
1. Can Choose Stop Loss Type: Percent, ATR, Previous Low / High.
2. Can Chosse inputs of each Stop Loss Type.
### Take Profit
1. Can set Risk Reward Ratio for Take Profit.
- To simplify backtest, I erased all other options except RR Ratio.
- You can add Take Profit Logic by adding options in the code.
2. Can set Take Profit Quantity.
### Risk Manangement
1. Can choose whether to use Risk Manangement Logic.
- This controls the Quantity of the Entry.
- e.g. If you want to take 3% risk per trade and stop loss price is 6% below the long entry price,
then 50% of your equity will be used for trade.
2. Can choose How much risk you would take per trade.
### Plot
1. Added Labels to check the data of entry / exit positions.
2. Changed and Added color different from the original one. (green: #02732A, red: #D92332, yellow: #F2E313)
Price based ATR%This script shows upto two lines that represent a deviation from the price based on a multiple of the ATR%
close + ( (close / 100) * ( atr * upperMultiplier) )
and
close - ( (close / 100) * ( atr * lowerMultiplier) )
threengine_global_automation_libraryLibrary "threengine_global_automation_library"
A collection of functions used for trade automation
getBaseCurrency()
Gets the base currency for the chart's ticker. Supported trade pairs are USD, USDT, USDC, BTC, and PERP.
Returns: Base currency as a string
getChartSymbol()
Get the current chart's symbol without the base currency appended to it. Supported trade paris are USD, USDT, USDC, BTC, and PERP.
Returns: Ssymbol and base currency
getDecimals()
Calculates how many decimals are on the quote price of the current market
Returns: The current deimal places on the market quote price
checkVar()
Plot a string as a label on the chart to test variable value. Use str.tostring() for any variable that isn't a string.
Returns: Label with stringified variable
getStrategyAlertMessage()
Generates stringified JSON for a limit order that can be passed to the strategy alert_message for a long entry.
Returns: Stringifed JSON for a long entry
taGetAdx()
Calculates the Average Directional Index
Returns: The value of ADX as a float
taGetEma()
Calculates the EMA based on a type, source, and length. Supported types are EMA, SMA, RMA, and WMA.
Returns: The value of the selected EMA
isBetweenTwoTimes()
Checks to see if within a rage based on two times
@retunrs true/false boolean
getAllTradeIDs()
This gets all closed trades and open trades
@retunrs an array of all open and closed trade ID's
getOpenTradeIDs()
This gets all open trades
@retunrs an array of all open trade ID's
orderAlreadyExists()
This checks to see if a provided order id uses the getAllTradeIDs() function to check
@retunrs an array of all open and closed trade ID's
orderCurrentlyExists()
This checks to see if a provided order id uses the getAllTradeIDs() function to check
Returns: an array of all open and closed trade ID's
getContractCount()
calulates the number of contracts you can buy with a set amount of capital and a limit price
Returns: number of contracts you can buy based on amount of capital you want to use and a price
getLadderSteps()
Returns: array of ladder entry prices and amounts based on total amount you want to invest across all ladder rungs and either a range between ladderStart and LadderStop based on specificed number of ladderRungs OR ladderStart, ladderRungs, and LadderSpacingPercent
MACD Indicator for 5 Min ScalpThis Indicator merges the 1 min MACD with BollingerBands to dedect a bigger than avarage tick on the Macd for the 5 min Scalping Strategy
You can change the length of the bollinger bands for the upper and lower channel individually so that you can get better signals
if a tick is bigger than avarage it will be colored, else it would be gray
this is the same indicator i used to get entrys in my 5 min scalping statagy, but i wouldnt just go in a trade when there is a bigger than usual tick. You have to look at other things to
5 Minute Scalping StrategyTaking entrys based on the 1 minute timeframe MACD
only taking longs when all emas are in the correct order and there is a bigger than usual MACD downtick and the RSI is above 51
only taking shorts when all emas are in the opposite order and there is a bigger than usual uptick on the MACD and the RSI is bellow 49
bigger than usual ticks are defined by bollinger bands around the Macd and the ticks have to be higher than 35 and lower than -10
you can change whatever setting you like to make the strategy more profitible. pls share when you find a more profitible setting than me
the stoploss doesnt work correct if it would be hit in the same candle you enter the trade. pls share when you have a solution for this
the stratagy is profitible when i backtested it for the last month, but i dont know how it will play out in the future, so you enter the signals at your own risk
Scalping The Bull - Two EMA StrategyName: Scalping The Bull - Two EMA "Gianno-Nano" Strategy from the Meeting
Category: Trend Follower
Operating mode: Spot or Future, only long or swing trading
Trades duration: Multiday
Timeframe: 4H
Suggested usage: Mid-term trading, when the market is in trend and it is showing high volatility.
Entry: When fast EMA crosses over slow EMA.
Exit: When fast EMA crosses under slow EMA then Exit Long or Entry Short (for reversal strategy).
Usage:
⁃ It can be useful to use alerts or web-hooks to automate this strategy.
⁃ This is a raw system that can be improved in different ways (e.g. Stop-loss, take-profit, position sizing) or studying more the behaviour of the coin.
Configuration:
- N/A
Backtesting
⁃ Exchange: BINANCE
⁃ Pair: NEOUSDT
⁃ Timeframe: 4H
⁃ Fee 0.075%
⁃ Slippage 0
- Start : 2017-12-03
How you or we can improve? Source code is open so share your ideas!
[Mad]Trend BarcolorsTrend colors based on PSA and selectable Ma's.
classic PSAR trend mixed with 2 selectable MA's switching between Bullish Neutral Baerish
the switching logic is in colorlogic()
usage: colorswitch maybe one entry.
if you want to trade with a trend example: green yellow, green << entry (long)
if you want to trade against a trend example: green yellow red (entry short)
This is not an indicator that works on its own, it is a helper in a decision, never a single instrument is possible.
have fun
Support and Resistance with MACD IndicatorOriginal script from ©akpaswaniitk. I just added MACD to filter out bad trades and alert function so that we get notified whenever indicator gives us an entry signal. Most of the false breakout has been removed but the remaining ones only pop up during consolidation, so it's wait for the retest before entry. Works better in continuous market. Also look at the color of EMA for further confirmation, only focus on buy side when EMA is green and sell when EMA is red or when after the buy signal EMA changes color from red to green. These are the highly profitable setups I've found with this indicator.
Signals
Red or Green solid line with diamond are trailing stoploses
dotted black line is entry level
dotted white line is optimal exit
RSI StrategyThis RSI strategy will allow you to go long when RSI is overbought and go short when RSI is oversold. You can also change the checked boxes to reverse this. Uncheck "Overbought Go Long & Oversold Go Short" and check "Overbought Go Short & Oversold Go Long" to use this reversed option.
You can also choose to use an ema filter as an additional qualifier for entry. Uncheck "No EMA Filter" and check "Use EMA Filter" if you want to use it.
Be sure to enter slippage and commission into the properties to give you realistic results.
I've also built in backtesting date ranges and the ability to trade only within certain times of day and have it close all trades at the end of that time frame. This is especially useful for day trading stocks. To specify a time from use the format 0930-1100 or whatever your trading hours will be. Check off "Enable Close Trade At End Of Time Frame" to close the trade at the end of your trading hours.
You can also specify a % based take profit and stop loss. Also keep in mind that the way this code is designed if you use the stop loss and/or take profit and it reaches either target and closes, then it will immediately re-enter if the condition for long or short entry is true.
Finally there's custom alert fields so you can send custom alert messages for strategy entry and exit for use with automated trading services. Simply enter your messages in the fields within the strategy properties and then put {{strategy.order.alert_message}} in your alert message body and it will dynamically pull in the appropriate message.
EMA TrendSurfer - RamRapoluThis is a TrendSurfer.
Do a Top Down Approach/Analysis.
TimeFrames :
1) Daily and 4H for Identifying Trend.
2) 1H for Entries
Rules of Entry
1) Identify All EMA are Spawning Parallelly and not Crossing on Daily and then 4H.
if Point 1 is true, then
2) Identify if the EMA are spawing well like in point1.
3) Wait for Candle breaking into 21 EMA.
4) once it breaks 21EMA and does not Touch 60EMA
then
1) if its uptrend/Long position
Entry:
Your Recent High + 21 ATR = Buy Stop Order
Stop Loss (SL) : your 60 EMA - 21 ATR
Target Profit(TP) :
TP1 : 1x SL, Sell 50% then move SL to 60EMA when TP1 hits
TP2 : 2x SL, Sell 50% then move SL to EMA when TP2 hits
TP3 : 3x SL, Sell 50% then move SL to EMA when TP3 hits
Swing VWAP Crypto and Stocks StrategyThis is a strategy designed for swing trading on markets such as crypto and stocks.
Its components are:
VWAP
Time Management
Risk management
Rules for entry:
We entry only on Monday, if our close of the candle crossed above VWAP
Rules for exit
We exit always on Sunday or if we either hit the TP/SL levels.
If you have any questions let me know
