GENERAL INTRODUCTION: This scripts is a trend catcher strategy, looking for entry points based on pullback condition.
HOW IT WORKS: Entry Long: when price close above 15m Supertrend and an EMA line trend, MACD (12,26,9) below MACD signal (12,26,9), RSI(14) >50 & <80 and SAR is positive. Exit Long: when price hit TPs or touch Stoploss. Entry Short: when price close below 15m Supertrend and an EMA line trend, MACD (12,26,9) above MACD signal (12,26,9), RSI(14) <50 & >25 and SAR is negative. Exit Short: when price hit TPs or touch Stoploss.
HOW TO USE IT: 1. Setup comment Long/Short: this setting used for auto trading. You can fill text to alert then in alert box of Tradingview, using {{strategy.order.comment}}. 2. Setup Entry + EMA Length: the EMA period to filter the trend (default is 30). + Buy/Sell ETH follow BTC: open long/short ETHUSDTPERP when BTCUSDT touch and reject SuperTrend 1H/2H/4H. + Long/Short again: Allow re-entry when price hit all TP or SL. 3. Setup Exit + Multi profit: Take profit levels are set according to the fibonacci levels. + Auto find TP: If having resistants in higher timeframe near TP1, TP1 will auto set at that resistant. + Stoploss: you have two options: Stoploss based on percentage or ATR. + When price hit TP1, you have two options: only move Stoploss to entry or active trailing. 4. Custom tools + SuperTrend MTF: they used for take multiprofit (you can show or hide them). + Table result.
BACKTEST: Currently, the strategy is optimized for: BINANCE:ETHUSDTPERP . However it can also run on some other coins like: BINANCE:RUNEUSDTPERP , BINANCE:FILUSDTPERP , ... Parameters for BINANCE:ETHUSDTPERP: + 01/01/2022 to present. + Order size starting: 01 contract. + commission fee: 0.02% + No leverage. => 475 trades, ratio profit: loss is 5800: 400.
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