Cyatophilum Accumulation Strategy

2021年12月15日

An indicator to backtest and automate accumulation/pyramiding custom strategies.
The goal of the strategy is to buy several times when the price is low and sell all when the position is in profit.
Configure your strategy using the entry options and entry filters, then set your Take Profit and StopLoss.

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█ HOW IT WORKS

The strategy has pyramiding enabled, which means it can open several deals in a row.
It will keep buying until the Take Profit target is reached.

The indicator plots the Take Profit and Break Even line which are recalculated at each new deal.
The target corresponds to the average entry price plus a configurable percentage.



We can see the average entry price line drop lower at each Long Entry.

█ HOW TO USE

Choose a pair that you want to hold/invest in.

Pick a chart time frame that you like, according to how often you want the strategy to place orders. A benefit of this strategy is that it can work on low time frames as well as high time frames. Just keep in mind that the smaller the time frame, the bigger the impact of fees and slippage will be on the strategy results.

Configure your entry condition. You can combine several technical indicators to trigger an entry, such as Top & Bottom, Higher Lows and RSI divergences.

Example with double bottoms:


Filter your entry signal. Add filters to strengthen your entry signal.

Configure your profit target
Use the Take Profit feature to set a target in percentage of price. You can also make it trail.
There is a Trailing Stop Loss feature but the goal of the strategy is to never sell in loss, so it is turned off by default.

Check your backtest parameters
Make sure that the initial capital and order size make sense. Since it is a pyramiding strategy, the sum of all deals should not be bigger than the initial capital.
In this example: Initial capital is 10 k, max active deals is 10, so the max order size is 1 k.
If you use % equity as order size, please note that it will create compounding.
Check the fees, by default they are set to 0.1%.
I also recommend to set a slippage that corresponds to your exchange's spread.
Note: the pyramiding parameter has to be equal to the "Max Active deals" input.

█ FEATURES


 • Entry settings
Configure wether to go long or short, or both.
Choose the Max Active deals: the maximum number of deals that you want to open at once.
The Minimum bar delay between deals parameter will help putting space between deals.


 • Trend Filter
The trend filter will fitler off long deals when the trend is bearish, and short deals when it is bullish.
Choose a trend line from a list, or any external trend line you can find.
The Trend condition allows to choose wether the trend should switch from slope change or price cross.

 • MTF Trend Filter
A secondary trend line, Multi Time Frame.

 • Volume Filter
The volume filter will check the bar volume and prevent the entry if it is too low.

 • Stop Loss and Take Profit
Configure your stop loss and take profit for long and short trades.
You can also make a trailing stoploss and a trailing take profit.

 • Backtest Settings
Choose a backtest period, longs or shorts, wether to use limit orders or not.
An option to close open orders at the current bar if you have multiple open orders and are wondering what it would result to close them now.


Graphics
A Configuration panel with all the indicator settings, useful for sharing/saving a strategy.
A Backtest Results panel with additional information from the strategy tester.


█ ALERTS

The indicator is using the alert() calls: it only uses 1 alert slot to send order messages for each event. This means free TV plans can create 1 complete strategy.

To set your alert messages, open the indicator settings and scroll to the bottom of the "inputs" tab.

Create your alert after you set the messages in the indicator settings, and make sure "Any alert() function call" is set in the alert option.

█ LIMITATIONS

Things to keep in mind when using this strategy.

 • No Stop loss
When trading without stop loss, your equity can drop without limit, and it can take a while until price recovers.
This is why when backtesting I recommend to keep an eye on the "Max # Days in trades" statistic which tells the maximum days a trade took to close in profit.

 • Spot markets only
Obviously, trading without stop loss means no leverage.

█ BACKTEST RESULTS

The backtest settings used in this snapshot are the following:

• Initial Capital: 10 000€
  
• Order size: 1 000 €
  
• Commission: 0.1€ per order
  
• Slippage : 10 ticks
  

Please read the author instructions below for access and automation.

2021年12月15日

リリースノート

Changed default settings

2021年12月17日

リリースノート

Added MTF ADX and MTF RSI fitler

2022年1月12日

リリースノート

Trendlines: Adding a trendline filter was mainly working against the strategy, filtering too many deals. The trend line filters now only filters for the first deal. This allows to start a trade in a better spot, and still take advantage of the price action afterwards.

2022年1月16日

リリースノート

Added stoch entries

2022年1月16日

リリースノート

Fix max active deal was counting one short

2022年1月19日

リリースノート

Changed default order size to 'cash' instead of 'contracts' and reordered inputs for better readability.

2022年1月24日

リリースノート

Added a MTF RSI and STOCH entry feature.
RSI to pick up bottoms in range market and STOCH in trending market.
STOCH is safer used with a trendline.

2022年2月14日

リリースノート

Update Backtest panel. Now shows a red / orange color if the average number of bars in a deal, or the max days in a deal is too high.
Also updated backtest results. I made a typo above, the commission is 0.1 % per order, not 0.1 €.

2022年2月14日

リリースノート

Added an option to make the backtest start date also impact trades (and not only the backtest results).

2022年2月25日

リリースノート

Hid ADX and volume filter to simplify inputs since they were not proven useful with this strategy.

2022年2月25日

リリースノート

Update config panel & default settings

2022年5月18日

リリースノート

- Added Bollinger Bands entry condition
- Added volume scaling option

2022年5月18日

リリースノート

Fix minimum price difference option with shorts
Added {order_size} placeholder for long/short entry alerts.

2022年5月23日

リリースノート

Fix for the {order_size} placeholder

2022年5月24日

リリースノート

fix for shorts {order_size}

2022年8月22日

リリースノート

Updated alert inputs

2022年8月28日

リリースノート

Added alert placeholders:
{price} will return the close price
{ticker} symbol name without exchange prefix
{tickerid} symbol name with exchange prefix

2022年10月18日

リリースノート

Added placeholder {basecurrency}

2023年7月10日

リリースノート

Code optimisation (less security function calls)
Removed the configuration panel because we now have a properties tab in the strategy tester
Updated backtest panel

2023年7月10日

リリースノート

backtest panel colors

2023年7月18日

リリースノート

Added custom entries that allow to work with external indicator plots.
(Note: all the entries are combined with an OR gate, meaning they will create more entry points, unlike filters who recude entry points)
Added more filters for volume, overbought/oversold during trend/range market, and sideways filter.

2023年8月28日

リリースノート

Added {timenow} placeholder for OKX bots compability

2023年8月30日

リリースノート

Added an option for stop loss to follow the total position size

2023年9月4日

リリースノート

Added an option to prevent the indicator from placing orders above the average entry price

2023年10月10日

リリースノート

Added multiple TP options!

2023年10月10日

リリースノート

bugfixes with break even

2023年10月10日

リリースノート

Added alerts for the last take profit event when using multiple TPs

2023年10月11日

リリースノート

bug fixes

2023年10月16日

リリースノート

Fix: All take profit alerts will trigger when multiple targets are hit within the same bar.
Added an option to move the Stop loss to break even after a take profit is hit. (it will override other trailing stop options)

2023年10月17日

リリースノート

Bug fixes with TP/DCA events not triggering

2023年10月17日

リリースノート

Bugfix: entry and SL/TP triggering on same bar

2023年10月19日

リリースノート

bugfixes: ordersize volume scaling

2023年10月19日

リリースノート

Previous update was missing some code..

2023年10月21日

リリースノート

Added {position_size_quote} placeholder to get the current position size as quote currency in the alert messages.

2023年10月22日

リリースノート

Added {order_size_quote} placeholders to alerts to get the order size in quote currency used by the strategy.

2月17日

リリースノート

Added alert message inputs
There is now 1 alert message for the "1st entry", and another alert message for "add to position" entries.

2月28日

リリースノート

Added TP/SL mode 'Auto'