Pivot Reversal Strategy + alerts via TradingConnector to indicesSoftware part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector and instantly executed there. Alerts added in this script: 14 and 22.
How it works:
1. TradingView alert fires.
2. TradingConnector catches it and forwards to MetaTrader4/5 you got from your broker.
3. Trade gets executed inside MetaTrader within 1 second of fired alert.
When configuring alert, make sure to select "alert() function calls only" in CreateAlert popup. One alert per ticker is required.
Adding stop-loss, take-profit, trailing-stop, break-even or executing pending orders is also possible. These topics have been covered in other example posts.
This routing works for Forex, indices, stocks, crypto - anything your broker offers via their MetaTrader4 or 5.
Disclaimer: This concept is presented for educational purposes only. Profitable results of trading this strategy are not guaranteed even if the backtest suggests so. By no means this post can be considered a trading advice. You trade at your own risk.
If you are thinking to execute this particular strategy, make sure to find the instrument, settings and timeframe which you like most. You can do this by your own research only.
Automated
Consecutive Up/Down Strat + alerts via TradingConnector to ForexSoftware part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector and instantly executed there. Alerts added in this script: 12 and 15.
How it works:
1. TradingView alert fires.
2. TradingConnector catches it and forwards to MetaTrader4/5 you got from your broker.
3. Trade gets executed inside MetaTrader within 1 second of fired alert.
When configuring alert, make sure to select "alert() function calls only" in CreateAlert popup. One alert per ticker is required.
Adding stop-loss, take-profit, trailing-stop, break-even or executing pending orders is also possible. These topics have been covered in other example posts.
This routing works for Forex, indices, stocks, crypto - anything your broker offers via their MetaTrader4 or 5.
Disclaimer: This concept is presented for educational purposes only. Profitable results of trading this strategy are not guaranteed even if the backtest suggests so. By no means this post can be considered a trading advice. You trade at your own risk.
If you are thinking to execute this particular strategy, make sure to find the instrument, settings and timeframe which you like most. You can do this by your own research only.
RSI Strategy with alerts via TradingConnector to ForexSoftware part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector and instantly executed there. Alerts added in this script: 12 and 17.
How it works:
1. TradingView alert fires.
2. TradingConnector catches it and forwards to MetaTrader4/5 you got from your broker.
3. Trade gets executed inside MetaTrader within 1 second of fired alert.
When configuring alert, make sure to select "alert() function calls only" in CreateAlert popup. One alert per ticker is required.
Adding stop-loss, take-profit, trailing-stop, break-even or executing pending orders is also possible. These topics have been covered in other example posts.
This routing works for Forex, indices, stocks, crypto - anything your broker offers via their MetaTrader4 or 5.
Disclaimer: This concept is presented for educational purposes only. Profitable results of trading this strategy are not guaranteed even if the backtest suggests so. By no means this post can be considered a trading advice. You trade at your own risk.
If you are thinking to execute this particular strategy, make sure to find the instrument, settings and timeframe which you like most. You can do this by your own research only.
FTB Strategy (Automated)Hey traders!
This is a profitable strategy script I created to teach my students how to automate their scripts using 3rd party APIs (more info available in my profile link at the bottom of this page).
What Is This?
This strategy is called the "Follow The Bear" strategy.
It's a forex trading strategy designed for one purpose and one purpose only: to take advantage of a recurring pattern on EURUSD's 1-Hour chart during the European market open.
The basic explanation is this:
During the European open we want to see a rally followed by a swing high shooting star / reversal pinbar candle. This typically means that traders buying EURUSD during the European/London open are now trapped long, and as price begins to retrace they are forced to sell, fueling a short-term retracement.
This strategy takes advantage of that pattern by aggressively selling short with a tight stop-loss above the pinbar candle and a conservative target.
There are many ways to trade this pattern, but this script represents my personal method for trading it.
It is not 100% accurate (no strategy is), but it does have a considerably high win rate over the past 6+ years considering its simplicity and I've been trading it for several months and can attest to its edge over the markets (at least through the Oanda data feed which is what I use).
The strategy rules are this:
Market: EURUSD
Timeframe: 1-Hour
Direction: Short Only
Timezone: 6AM-10AM GMT
Days: Tuesday, Wednesday, Thursday
Entry: Close of Pinbar Setup
Stop: 2 pips above signal candle
Target: 1:1
Risk: Up to you (backtest first! I use 1%)
The rule for the pinbar/shooting star candle pattern is that the candle must both open and close in the lower 50% of the bar's total size.
Automation
This script is already prepared to be auto-traded through a 3rd-party API that was created to relay TradingView alerts to your broker to execute and manage trades.
Sorry for the lack of information - due to TradingView's house rules I cannot go into any more detail here, but if you're interested in automating this script there is more info available in the resources offered under my profile link at the bottom of this page.
Disclaimer
The material and the resources offered here are for educational purposes only. Always do your own research and only execute trades based on your own personal judgement.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency, investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate.
The leveraged nature of forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
3 Auto Fibonacci RetracementsThe Indicator displays 3 different Auto Fibonacci Retracements with top, bottom, the 0.618 and 0.382 levels.
Also it displays 3 Moving Averages with the same length as the AutoFibos.
If the MA over the 0.618 level it colors itself yellow, if between 0.618 ans 0.382 white and under 0.382 blue.
The green lines are the top of the AutoFibos, red lines the bottom, blue lines are resistance/supports and yellow lines are stronger resistance/supports.
Godtrix's Crypto HA+RSI+EMA+ATH+DCA Strategy 3.0New Updates is here! Upgrade from previous version 2.0 (Please avoid using v2.0 as it's outdated.)
Great stability, Repaint bug fixes, and New features!
==================
| Introduction: |
==================
This is a Long Term Strategy, using compounding profit method, it can generate high returns, but it also risk for losses, this can be overcome if you set Stop Loss to over 25% for bitcoin & 60% for Altcoins.
Best profit plan with this strategy is you trade on Future leverage while you hold on to your coin, so that when price goes up, your coin value goes up, and at the same time, you trade with your leverage to earn even more, easily doubling up your total profit.
Benefits:
Fully customizable and you can easily personalized it and FINE TUNE it according to the market or coin you trading on.
The strategy is based on REAL PRACTICAL trading skills, so it works in real-world.
I fixed the "repainting" issue so the backtest it shows you IS ACCURATE when you run for real-time.
We all know one indicator is not going to help you win your trades, so this strategy combines ALL three: EMA for long+short term trend, HA for short term trend, RSI for entry/exit
This strategy is designed for LONG trade (Buy low, Sell high), not for SHORT trade.
This is not day trading, it is more to mid-term trading, where there's only few trades per month
Mainly is coded to work with 3Commas bot auto trading, so you only need to key in your Bot ID & Email Token.
Bot trading NOTE:
- You need to replace the Alert Message with this: {{strategy.order.alert_message}}
- And you'll need the Bot's webhook Url set with the Alert too.
- One Alert will work for both Buy and Sell Order
- If you using other Bot service, you can enter Custom Command in Input Settings too, it works on any bot service.
Lastly,
regarding the setting advice, I would say you try playing with different settings and your objective is to achieve a backtest result that has:
1) Profitable is > 80%
2) Losing trades is nearly 0 or below 25% of your winning trades. Trick is using far stop loss %
3) Net Profit be almost same or more than "Buy & Hold Profit"
==================
| Latest Updates: |
==================
=| Tidy Up Codings |=
- Group input fields so it'll be easier to understand and find the settings
- Upgrade code for obsolete 'transp' options
=| Repaint Issues |=
- Previous v2.0's RSI has repaint issue, creating false result against real-time data. I've fixed this.
- Also done fine-tuning other parts of the codes to prevent possible repaint issues.
=| Bot System |=
- Improved Custom Bot system, so that you're able to set dynamic order size/quantity with my custom keyword: and
Base Order Example:
{ 'message_type': 'bot', 'bot_id': 1234567, 'email_token': 'abcdefgh-1234-1234-1234', 'base_order': , 'delay_seconds': 0, 'pair': 'USDT_BTC'}
=| EMA Downtrend Exit |=
- Added option for you to decide whether to close position when detected EMA Long term downtrend.
=| EMA 2 (short term) is removed |=
- After several test, I've decided to remove this because it doesn't contribute to improving the results.
=| Heikin Ashi System |=
- Improved the chart display, now you'll see the HA candle 'shadowed' behind, so you'll see both actual price candle and HA candle at same time.
- Added the system that detect the HA candle sizes to decide specifically when it's suitable for Entry and Exit.
>> For "Entry/Exit Range"
- This means after HA is valid for Entry or Exit, how many following bars are allowed to stay valid so it will match other requirements to be completely fulfilled for Entry or Exit.
>> For "Crossing Interval"
- This means after detected HA line crossover, how many HA intervals is allow to Entry or Exit
>> For "Reversed Exit"
- This function let's you decide whether to close position if after HA bull (green candle) changed into HA Bear (red candle)
=| RSI A Entry |=
- Added option to avoid Entry during NTZ (No trade Zone)
- Also added the option to avoid next same condition RSI A entry too soon
=| RSI B Entry |=
- This function is for Entry if RSI is going very low, mostly due to bigger price drops in short time, it's good for buying DIP, however we'll never be able to know when a DIP ends, so do more test on this settings before put into real use.
- Added "avoid" options to help avoid getting Entry at "false" DIP, more like a short & fast pullback which causes RSI to drop very low but actually the price is near ATH or Recent High.
- Added option for Entry with Trailing Price Lower Buy combine with a limit order that grabs low price, so whichever it fulfill first.
=| New: Avoid Entry |=
- Well, it's a pain if you bought at the top, so I've added two options that will avoid buying near ATH and Recent High.
=| Time-limit Removed |=
- Sorry that I've missed look on the script policy which I'm not allowed to put a time-limit for public scripts.
=| System Improvements |=
- HA condition detection is optimized and bug fixed
- RSI values now reads accurately on each bar despite using higher timeframe, especially when moving to next interval
=| New: Dollar Cost Averaging (DCA) Orders |=
- Although DCA strategy is not appealing for Long term strategy, but I've added it for your extra options and flexibilities.
- The settings are quite straight-forward and standard, so I won't be explaining here.
=| New: Backtest Start & End Date |=
- This is very good function when you need more accurate result starting at specific date & time.
- Also if you set the date & time for your real trading starts, it'll much result the same as your actual trading records, which helps you to see clearer and make future decisions.
Any found bugs or flaws, please feel free to PM me, I can't get notifications from comments here below, so I'll not able to reply you the soonest possible, still not sure how to turn on notification for comments, anyone who knows can PM and teach me, lol... Thanks in advance!
Well, this is free version, hope it helps! Feedbacks are all welcome :)
(To Moderators: I've fully use the "f_security()" guideline, but instead of creating a separate function, I apply directly on all security() function. Please don't ban my script before fully check if I've truly fixed repaint. Thank you.)
BITSTAMP:BTCUSD COINBASE:BTCUSD COINBASE:ETHUSD BINANCE:BNBUSDT
NVME Support & ResistanceNVME Support & Resistance is unique compared to other S/R indicators out there because it provides users with automated analysis that can be done within a second and ours generate a highlight block rather than a solid line or dotted line and a highlight block is useful as it covers a bigger range compared to having dots and flat lines. Also, the zones will update corresponding to its lookback period, so if a new support or resistance is found then the block will move until that area is confirmed.
Best with higher timeframes!
This comes with all NVME scripts!
RSI Trend CryptoDear community,
Today I want to present you one of my favorite and simple trading bots: The RSI Trend.
This bot is based on the RSI, which normally is used as a trend reversal indicator. However, here it’s used as a trend finding indicator, often with great success. This bot making long-only trades, which is quite successful in bull-markets like the one we’re currently in.
In case you want to use an emergency exit for your trade, toggle the Emergency Exit parameter. During bull-markets it’s better in the long term to keep this option off.
Currently the bot only makes one trade at a time (pyramiding = 1), for higher risk and higher rewards you can increase this parameter. More than 5 is not advised.
I’ve optimized this bot on 15min time frame. It has some decent results for most cryptos on this TF, feel free to test this out.
In case you want to hook this bot up to your exchange, feel free to edit the ALERT messages in the code.
Default Trading Rules:
Long: RSI crosses over 35
Close Long: RSI crosses under 75
Emergency Exit: RSI crosses under 10
[SK] Fibonacci Auto Trend ScouterThe FATS - Fibonacci Auto Trend Scouter automatically draws active trends from 2 different timeframes along with Fibonacci Support and Resistance levels. It also has a Sights feature for each timeframe which points from it's middle towards the current price. The tool is also highly customizable for you to take this indicator over 9000. If you like the tool and it adds value to you - share the love on the like button and visit my profile to check out my other indicators and subscribe, so you're notified of my next scripts and ideas!
Automatic Trend Lines
The indicator takes in 2 timeframes to detect High and Low values from which to draw the trend lines of each timeframe.
As the values change with price movement, the lines are updated. They are color coded for uptrend and downtrend based on the direction of each individual line. Trend lines can be set up to color with only the default value on the configurations panel.
- Toggle on/off Color Coded
- Change Default, Uptrend, Downtrend color
- Change Line Width
- Change Line Style
- Toggle on/off Line Extensions
- Change Extended Line Width
- Change Extended Line Style
- Toggle On/Off labels for 7 data points of each timeframe
Automatic Trend Sights
This is a neat feature that may help you get a better feel for the direction the current movement is heading towards in correlation with the short or medium length timeframe trends. The sight draws a line from the middle vertical point of the trend coordinates towards the current price. They are toggled off by default but can be enabled in the configurations panel.
- Toggle on/off sight on each timeframe
- Change Width
- Change Line Style
Automatic Fibonacci Levels
The tool has a very useful feature to automatically detect the highest and lowest value from the short timeframe to calculate Fibonacci support and resistant levels. To keep the chart area clean, the lines are drawn short by default towards the right side of the price but provide inputs to increase the size of the level lines towards the left and right direction. A triangle label appears to the side of each line which holds the Fibonacci level and price data inside the tooltip, hover over them to activate.
- Toggle on/off color coded
- Change Default, Resistance, Support colors
- Change line size towards the left and right side
- Change line width
- Change Resistance line style
- Change Support line style
- Toggle on/off High and Low source line
- Toggle on/off High and Low source labels
hamster-bot PDD Pump and Dump DetectorPump and Dump detector by hamster-bot
strategy author: foresterufa
Pump and Dump detector (PDD)
This is a trend strategy, with a unique mechanism of multi-stage re-entry into a position (Take Profit-Entry) when a significant trend develops, based on our HiDeep indicator.
Positions are opened by the HiDeep indicator signal with trend direction filtering and volatility filtering. Positions are closed by a HiDeep indicator signal or a change in the trend direction.
The position can be accompanied by a unique Stoploss trailing MA.
hamster-bot RSI AlgoThis is a simple RSI based signal indicator. It is designed for algorithmic bot trading.
For best results, leave a time-frame of at least 1 hour.
When the RSI reaches 70, it gives a buy signal, and when the RSI reaches 30, it gives a sell signal. The position is then maintained until the opposite signal is given. If backtesting shows poor results, but looks like the opposite would be good, there is a simple switch in the settings to turn it over.
original indicator on the basis of which the strategy is made:
Heikin Ashi+RSI+EMA Strategy 2.0 v4 [Cryptocurrency] by GodtrixHi,
I know a lot of people are looking for a more sophisticated and customizable strategy tool, I'm facing the same problem too, so I created one for myself and decided to share it for free trials and if you think this tool do what you wanted, you can contact me for the subscription "Premium" version.
I'll keep it simple with point forms, if you have any further inquiries or questions, please feel free to message me. Thank you.
Best profit plan with this strategy is you trade on Future leverage while you hold on to your coin, so that when price goes up, your coin value goes up, and at the same time, you trade with your leverage to earn even more, easily doubling up your total profit.
Benefits:
Fully customizable and you can easily personalized it and FINE TUNE it according to the market or coin you trading on.
The strategy is based on REAL PRACTICAL trading skills, so it works in real-world.
I fixed the "repainting" issue so the backtest it shows you IS ACCURATE when you run for real-time.
We all know one indicator is not going to help you win your trades, so this strategy combines ALL three: EMA for long+short term trend, HA for short term trend, RSI for entry/exit
This strategy is designed for LONG trade (Buy low, Sell high), not for SHORT trade.
This is not day trading, it is more to mid-term trading, where there's only few trades per month
Mainly is coded to work with 3Commas bot auto trading, so you only need to key in your Bot ID & Email Token.
Bot trading NOTE:
You need to replace the Alert Message with this: {{strategy.order.alert_message}}
One Alert will work for both Buy and Sell Order
If you using other Bot service, you can enter Custom Command too, so it works on any bot service.
Lastly,
regarding the setting advice, I would say you try playing with different settings and your objective is to achieve a backtest result that has:
1) Profitable is > 80%
2) Losing trades is nearly 0 or below 25% of your winning trades. Trick is using far stop loss %
3) Net Profit be almost same or more than "Buy & Hold Profit"
If you interested in our subscription version, message me for price.
Best Luck & a million dollar profit to you,
Godtrix BITSTAMP:BTCUSD BINANCE:DOTUSDT
Grid Bot SimulatorThis script is a grid bot simulator for ranging/choppy markets. Prices are divided into grids, or trade zones, that will trigger signals each time a new zone is entered. During ranging markets, each transaction is followed by a “take profit.” As the market starts to trend, transactions are stacked (compare to DCA), until the market consolidates. No signals are triggered above the Upper Limit or Below the Lower Limit.
Settings overview:
Upper Limit/Lower Limit : Highest and Lowest values for entire grid.
Number of Grids : Number of trade zones.
Show Grids : Show or hide all gridlines.
Show Only Current Grids : Only display the grids just above and just below the current trade zone.
High/Low for signals : If enabled, signals are triggered as soon as the price touches the next zone. If disabled, signals are triggered after bar closes. Enable this for “Once Per Bar alerts. Disable for “Once Per Bar Close” alerts.
Highlight Trade Zones
The grid bot should work well during ranging/choppy markets. Each zone will have only one trade, and then will immediately take profit in the next zone.
Ranging/Choppy Market
However, trending markets can produce multiple signals in rapid succession:
Trending Market
If the gridlines are compressing the chart space, enable the “Show Only Current Grids” in settings.
Show Only Current Grids disabled
Show Only Current Grids enabled
When changing symbols, adjust the Upper and Lower Limits to accommodate the new symbol. Otherwise, the chart will look compressed.
XBTUSD chart with ETHUSDT settings
The bot is a proof-of-concept and is considered experimental . Possible future updates will include Fibonacci grids and “smart entry/exits,” depending on the current trend. Comments and suggestions are encouraged.
Uncle Eagle Indicator Suite - Eagle Sniper** Uncle Eagle Indicator Suite - Eagle Sniper **
An elite sniper is trained to both focus on the moment as well as see the big picture. Their selective approach gives them the edge, as they can see through the visual noise to hit their target. Uncle Eagle has designed the Eagle Sniper to do just that! Simplify your TA and remove the need for LOTS of cluttering Indicators that tell you different things. Receive a simple "Long/Short" signal when multiple indicators start showing a clear direction that an individual might be able to see through all the visual indicators needed.
Successful traders are patient and select their trades in a careful and calculated manner. Our Eagle Sniper allows you to take that patience and utilize it to your advantage!
The Eagle Sniper will help any new, or experienced trader determine their entry and exit points concisely, and it marries perfectly with our Suite of products!
Adjustable controls for Oscillators
Adjustable ATR for long term or short-term snipes
Highlight the trend with Green/Red lines
Filter Overbought/Oversold snipes to avoid certain movements
Combines perfectly with all other Uncle Eagle Indicators
Know when to get in or get out, no matter the Bull or Bear nature!
Fib Within ConvectionThis Fib has all the basic level plus the convection zones of the 136 & 886 listed in black... you can utilize this with the other fib convection zone to catch smaller moves in the market.
Source @daytraderph
Mod @LaMonicaRobinson
Fib Convection Zone88Labeled Auto Fibonacci Retracament Levels. The color of fibo levels is green when the trend is upward and the color of fibo levels is red when the trend is downward. Also, you can see the highest and lowest values related with your period.
Added the Convection Zone 886 the banks sweet spot.
Source @borserman
Mod @LaMonicaRobinson
Noro's ZZ-6 by hamster-botThe original script is available here
New version of ZZ-strategy.
Repaint?
Normal lines are not redrawn. Dotted lines repaint, but do not affect trading (do not affect backtests). You can turn off repaint in the script settings. Repaint (dotted lines) are needed only for clarity. To make it clear from which bar the level is created.
Levels
Lime lines above - level from a local high bar. To open a long position. Using a market stop order.
Red line at the bottom - the level from a local low bar. To open a short position. Using a market stop order.
Trading
You can trade without short positions. Then the red line is the level for a stop-loss order.
Reverse trading can be used. Without stop-loss orders.
Risk size
Order size depends on the risk size parameter and possible loss. If risk size = 2%, it means that the loss will be no more than 2%.
For crypto
Symbols: XBT/USD, BTC /USD, BTC /USDT, ETH/USD, etc - need USD(T)
Timeframes: 1h, 4h, 1d
The script will continue to be developed by the Hamster Bot team
Companion::DivergentCompanion::Divergent is a combined indicators strategy optimized for Bitcoin Markets and tested on Bitfinex.
Mainly, it is an Ichimoku based strategy.
Used indicators:
- Ichimoku (displayed on chart): trendline analysis;
- Double Hull MA (displayed on chart): trendline analysis;
- MACD (not displayed): confirmative/momentum detection;
- CCI (not displayed): confirmative/momentum detection;
- ATR: used toghether with Ichimoku to determine Stop Loss/Take Profit levels;
- VWMA: For implementing trailing stop orders based on volumes.
What the script does:
- determines trendlines combining mulitple indicators;
- automaticlally calculates Take profit and Stop Loss levels;
- permits automation generating Autoview signals;
- supports for margin trading. Spot trading will be added in the future.
It can be used on 1D or 1H timeframes but it can be adapted for other time frames tweaking the parameters. I used it a lot on Bitfinex on 1H timeframes. Please check parameters: if you will use the strategy on D or higher timeframes, the "Legacy Chikou analysis" option should be checked.
BACKTESTING
Backtest is not leveraged. Defaults are set as follow:
Capital: 10000
Percent of equity used for trades: 10%
Commission: 0.18% this is Bitfinex commission on orders
Change them accordingly on how you trade to get a more realistic backtest results.
HigherHigh LowerLow RATALGOHi Traders,
This is Trend following strategy.
This strategy calculates the higher high or lower low of a look back period. If the previous high or low is breached, a signal to enter market is given.
This strategy works well with regular candles and line charts if you find the right settings and chart time frame.
Give it a try with your settings & post your feedback and suggestion if any for improvement.
I had automate this strategy with broker using Trading view Alert feature to get some live results on NSE:Banknifty1!
ATR SL Buy/Sell w/ SMAsFirstly I'd like to state that this script's ATR buy/sell source is from the public script library here:
Additionally with the buy/sell signals from the original script, two more buy/sell conditions were added to give more entries/scaling in or out options. On top of that, two SMA lines were added, a 1 day moving average and a 5 day moving average.
This script is more so designed for scalping/scaling in and out of positions already made.
The SMAs add a level of confidence to the entry order, buy/sell triggers are not based on these SMAs.
For the confirmation on the entry, ideally you want a bullish cross on the SMAs, as well as the color of the SMA to correlate to the buy/sell color.
Bitlinc MARSI Study AST w/ Take Profit & Stop loss - beta 0.1This script is beta 0.1 - will update as soon as the script is tradable
This script is based on AST on a 10 minute timeframe. You can change the asset and the timeframe for any asset you want to trade, but for it to work correct ALL settings have to be testes in the Strategy section of the TradingView. Each assets and timeframe require a different mixture of settings. This is NOT a one settings fits all trading for all assets on any timeframe. Below are the settings and explanation on how it works.
How it fires a buy / sell:
The script will plot an RSI with upper and lower bands in a separate indicator window. The idea behind this script is to fire a LONG when MA crosses OVER lower band and fire a SHORT when the MA crosses under the lower band. Each order that fires is an OCO (Order Cancels Order) for pyramiding.
Settings:
You have full control of these settings as mentioned above, you must configure every part of this script for each asset and timeframe you trade.
- Length of MA
- Length
- Upper bands of RSI
- Lower bands of RSI
- Take profit percentage
- Stop loss percentage
- Month to start and end the strategy (within 2020)
- Day to start and end the strategy (within 2020)
- Quantity type
- Slippage
- Pyramiding
***Remember that after the signal to enter or exit a trade is fired, the alert will trigger AFTER the close of the candle that caused the tigger to fire
Olivia Scalp - By CheTrader
This is a complex strategy for Scalp that is fully configurable and can be automated
This script uses a combination of ma to detect the trend at a higher time frame, which can be defined by the user, as default set to 1D and 1M.
Triggers for long and short are given in a lower time frame, for example 30 minutes and are given by a combination of factors and oscillators. These include RSI, ADX, DMI
The script includes everything needed to follow the trade according to the habits of the trader.
This includes the option to use Take profit and Stop loss based on ATR that you can configure with the RR you like.
Similar to the risk-reward tool in tradingview.
You can also define a stop and take profit based on a percentage from the entry and also use a Trail stop, to finish the position when it is reached.
Each take profit and stop loss has a customized alarm so you can automate each action.
Also included is the option to use "advanced alerts"!
This is: You define how many seconds before you close the candle the alarm will be activated in TradingView. Very useful if you are going to automate, so that your alarm arrives just in time to your exchange.
Included:
Different trade entry options
Different forms of Take profit, included:
Take profit on squeeze candles
Take profit based on Risk-Benefit (RR)
Take profit a pre-determined %.
Different forms of Stop Loss, including
ATR-based stop loss
Trail stop loss (with option to use a trigger)
Stop loss a pre-determined %.
Contains a Risk Management section
May use a volatility filter
Statistics panel for backtest
Advanced alerts
As default is configured for BYBIT:BTCUSD 30 minutes
For access you can send a message or consult in my social networks.
Links in my tradingview signature (below).
Custom Self-Adjusting Parabolic SARA custom version of the Self-Adjusting Parabolic SAR that can be used as a source for your trading frameworks and indicators.
It is presented on the preview as a -signal line that replicates Self-Adjusting Parabolic SAR state.
Here is an example of how it works with Buy/Sell/TP/SL/TSL Alerts Module :
If you have any questions don't hesitate to ask and contact me either via private messages on TradingView or via Telegram.
