This is a very simple long-only strategy I've used since December 2022 to manage my Bitcoin position. I'm sharing it as an open-source script for other traders to learn from the code and adapt it to their liking if they find the system concept interesting. General Overview Always do your own research and backtesting - this script is not intended to be traded...
Introduction The Inside Candle Breakout Strategy leverages the concept of inside candles as a primary signal for potential breakouts. Unlike common trend-following or scalping strategies, this method focuses on the volatility squeeze indicated by inside candles and aims to capture the momentum that follows these periods of consolidation. The strategy's...
The triple MA strategy is a simple but effective method to trade the trend. The advantage of this script over the existing triple MA strategies is that the user can open a lower time frame chart and select higher time frame inputs for different MA types mainting the visibility on the chart. The dynamic smoothing code makes sure the HTF trendlines are not jagged,...
Hello traders This script is an upgrade of this template script. Heatmap MACD Strategy Pineconnector Pineconnector is a trading bot software that forwards TradingView alerts to your Metatrader 4/5 for automating trading. Many traders don't know how to dynamically create Pineconnector-compatible alerts using the data from their TradingView scripts. Traders...
Hello traders A customer gave me the idea indirectly after I made an update to that script: Supertrend MTF Heatmap Important Notes The backtest results aren't relevant for this educational script publication. I used realistic backtesting data but didn't look too much into optimizing the results, as this isn't the point of why I'm publishing this...
Mastering Risk Management Risk management is the cornerstone of successful trading, and it's often the difference between turning a profit and suffering a loss. In light of its importance, I share a risk management tool which you can use for your trading strategies. The script not only assists in position sizing but also comes with built-in technical features...
█ OVERVIEW TASC's September 2023 edition of Traders' Tips features an article written by Andrea Unger titled “The Weekly Factor", discussing the application of price patterns as filters for trade entries. This script implements a sample trading strategy presented in the article for demonstration purposes only. It explores how the strategy's equity curve might...
Title: Volume ValueWhen Velocity Trading Strategy ▶ Introduction: The " Volume ValueWhen Velocity " trading strategy is designed to generate long position signals based on various technical conditions, including volume thresholds, RSI (Relative Strength Index), and price action relative to the Simple Moving Average (SMA). The strategy aims to identify...
Yesterday’s High Breakout it is a trading system based on the analysis of yesterday's highs, it works in trend-following mode therefore it opens a long position at the breakout of yesterday's highs even if they occur several times in one day. There are several methods for exiting a trade, each with its own unique strategy. The first method involves setting...
This is a NON-REPAINTING multi-timeframe RSI strategy (long-only) that enters a trade only when two higher timeframes are oversold. I wrote it on BTC/USD for 1min, but the logic should work on other assets as well. It is diagonally layered to be profitable for when the asset is in a downtrend. Diagonal layering refers to entry and exit conditions spread across...
Using the UT Bot alerts indicator by @QuantNomad, this strategy was designed for showing an example of how this indicator could be used, also, it has the goal to help some people from a group that use to use this indicator for their trading. Under any circumstance I recommend to use it without testing it before in real time. Backtesting context: 2020-02-05...
This strategy buys when price crosses above an upper Bollinger Band and sells when the lower band is breached. What makes this strategy different than others: Long only with filtering for only showing strong tickers Filter out trades below a moving average on both the current timeframe and a longer period timeframe to keep you out of bear markets Optional...
The script uses following mechanism to give a signal of BUY if multiple parameters evaluated are all passed. ENTRY- 1. 5 min MACD should be more than its previous tick 2. 15 min MACD should be more than its previous tick 3. 60 min MACD should be more than its previous tick 4. ADX should be more than 12 5. RSI should be more than 60 6. Stochastic %k should have...
The script uses following mechanism to give a signal of SELL if multiple parameters evaluated are all passed. ENTRY- 1. 5 min MACD should be less than its previous tick 2. 15 min MACD should be less than its previous tick 3. 60 min MACD should be less than its previous tick 4. ADX should be more than 12 5. RSI should be less than 40 6. Stochastic %k should...
this just sample of our strategies we published with open source, to learning our investor the way of trading and analysis, this strategy just for study and learning in this strategy we use expontial moving avarage 20 , 50 , 200 and the we build this strategy when the price move up ema 200 and ema 20,50 cross up the 200 ema in this conditions the strargey will...
Hello All This is non-repainting Supertrend Multi Time Frame script, I got so many request on Supertrend with Multi Time Frame. This is for all of them ..I am making it open for all so you can change its coding according to your need. How the Basic Indicator works SuperTrend is one of the most common ATR based trailing stop indicators. In this version...
Crossover Strategy using exponential moving averages with entry and exits.
This strategy is commonly used both in forex and stock markets for reversal trading. when the rsi line reaches and crosses simultaneously at 3 rsi setups i.e at 7, 14, and 21, a signal is generated. This strategy works best in 1-hour timeframe. It provides over 60 to 80 percent accuracy in 1-hour timeframe. In the stock market, this strategy provides an...