OPEN-SOURCE SCRIPT

EMA RSI ATR Hidden Div Strat - 1 Min

Mis à jour
Hey there!

Hereby I present you the EMA RSI Lowest Low Hidden Divergence strategy, which I discovered on a youtube channel.
He has tested the strategy hundreds of times manually, herewith I try to automate the whole thing.

Since I use the strategy with a bot, it can only enter long positions for now. But in the future I will add the possibility to trade short positions.

The strategy was tested with BTC/ USDT in 1m chart (8 days). The values must be adjusted depending on the timeframe and coin.

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How does the strategy work?

First of all, we need a bullish hidden divergence.
Once this is detected, the following parameters are checked:

The 50 EMA must cross the 250 EMA .

Then, the candle must close above the 50 EMA .

The K line of the RSI STOCH indicator need to crosses the D line.

If the next candle closes above the 50 EMA , a long position is opened.

The stop loss is determined with the "lowest low/highest high lookback".
The profit factor is multiplied by the value of the lowest low/highest high lookback.

The results of the strategy are without commissions and levers.

If you have any questions or feedback, please let me know in the comments.

In the future I will add other types of stop loss / take profits. (ATR; %; eg.)

I wish you good luck with the strategy!
Notes de version
The strategy is now designed on a 15 minute chart, but works just as well on the 1 minute chart.

It is now possible to trade short positions.

You can now see the stop loss of the respective candle.
Notes de version
  • Added the possibility to calculate the stop loss and take profit by means of the ATR


*Added table with the last tp and sl

*take profit and stop loss marked on the chart
Notes de version
I fixed a bug that caused incorrect purchases when used with bots.
1minuteAverage True Range (ATR)CryptocurrencyExponential Moving Average (EMA)hiddendivergencelowtimeframeRelative Strength Index (RSI)tradepro

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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