Hello! This strategy is based on the double bottom pattern - for entering a long position / double top-short A double bottom pattern is formed when two price bottoms are relatively at the same level and the top acts as resistance. This pattern appears at the end of a downtrend and signals a reversal. A double top is a bearish reversal pattern that signals the...
Simple strategy based on crossing DI+ and DI- and Average True Range. Long entry when DI+ crossover DI- Short entry when DI+ crossunder DI- Stop Loss and Take Profits based on Average True Range. Default values are 1*ATR(14) for stop loss and 2*ATR(14) for Take Profit. Risk reward 1 to 2 ratio. Recommended default values, but you can change it if you...
A very simple and highly effective strategy LONG & SHORT that combines only 2 indicators: RSI 3 Moving Average Exponential (EMA) LONG Entry conditions are: EMA 20 cross over EMA 10 EMA 10 is above EMA 100 LONG Exit conditions are: RSI greater than 70 Or when X number of candles have passed and the trade is in profit. (Check Settings) ...
This is the strategy version of my ERA Indicator. You can check my scripts if you'd like to use only study indicator. Strategy Rules For Long Entry: - Check if price above the set EMA (Can disable this rule if you'd like in the settings) - RSI is in Oversold - ADX is above set "Trend Ready" threshold (Meaning there is a trend going on) - Price must approve the...
Trading moon phases has become quite popular among traders, believing that there exists a relationship between moon phases and market movements. This strategy is based on an estimate of moon phases with the possibility to use different methods to determine long/short positions based on moon phases. Note that we assume moon phases are perfectly periodic with a...
#-- Public Strategy - No Repaint - Fractals -- Short term Here I come with another script, more simple than Wavetrend V1. You will love it. #-- Synopsis -- Another simple idea, on a small time frame (15 min) we buy when the opening price goes below a Bottom fractals and sell when it goes over a Top fractals, but as this script do not use Wavetrends. You...
#-- Public Strategy - No Repaint - Fractals - Wavetrend -- Here I come with another script, a nice and simple strategy based on fractals and Wavetrends. #-- Synopsis -- A simple idea, on a small time frame (15 min) we buy when the opening price goes below a Bottom fractals and sell when it goes over a Top fractals, but in order to avoid bad and evil...
COINBASE:BTCUSD Hello everyone and welcome to our second script release! This script is one of many upcoming scripts. This one is a test for us, how it works, how you guys like this kind of stuff, and for feedback what we should change/improve at. So feel free to comment any suggestions you have. SCRIPT IS OPTIMIZED FOR: BTC/USD (Coinbase) 15 minute timeframe...
PLEASE READ THE DESCRIPTION CAREFULLY Trying this again, as it seems I keep violating the rules unintentionally. Moderator, please forgive me as I try to make this right. This backtesting/visualizer script was created for me to get a visual idea of the Cava Signals indicator throughout its development time and continuous optimization. This script is to be used...
English / Spanish Algotrading strategy optimized for cryptocurrencies. Originally conceived to trade automatically through bots (that's how I use it), it also works to get signals and trade manually in any exchange. It works in spot. It does not repaint. Works in 15M, 30M, 1H and 4H (I prefer short periods). Features: Buy the dip: Attempts to buy on the...
This indicator adjusts the RSI values using the Average True Range. It is used the same way as a normal RSI.
This is a forex scalper designed for very short timeframes 1-5 min max. At the same time due to the short timeframe, is recommend to re optimize it weekly . Its components are Fractals Triple EMA with different lengths Rules for entry: For long : we have an up fractal and all 3 ema are in ascending order For short: we have a down fractal and all 3 ema are in...
Recently found an article sharing an EMA strategy written by Vertex. I copied a majority of the Long conditions into code here with some visual aid. Essentially, watch for a the 8 EMA to be greater than the 21 EMA, and all the EMA's to be spread apart. Then get your trigger bar from a retracement from the 8 bar EMA. Stop on the lowest low of the past 5 bars, or...
This strategy has the purpose to help dummies to get experienced when trade with Crypocurrencies, using the Ichimoku indicator The following script shows an strategy based on Ichimoku indicator. Taking into account the theoretical concepts of the Ichimoku Kinko Hyo, are defined six (6) factors to open position and two (2) factors to close it. According to the...
Compilation of various modifications of the trend breakout reversal strategies based on the ZigZag . Includes past versions of scripts: version 1 ZZ2 Breakout reversal strategy version 2 ZZ2 with experimental options hamster-bot ZZ Breakout reversal strategy version 3 ZZ6 Noro's ZZ-6 by hamster-bot The original script is available here The...
Here I've made a simple strategy based off a simple moving average of an MFI length. Back tested on a BYBIT:BTCUSDT 30m chart. Conditions: ---When the price is above the golden SMA of 200 bars--- - Buy: when MFI is moving up - Sell: when MFI is moving down - Stop: golden SMA of 200 bars If you would like alerts: 1.) Add the strategy to your chart, 2.) Go...
I suppose nothing drives a point home like a 10+ year backtest! A couple of weeks ago I published a custom indicator called the Cumulative RSI. This indicator was straight out of chapter 9 of "Short Term Trading Strategies That Work." Today I am publishing a basic sample strategy in that uses the Cumulative RSI as its only entry and exit signals on a Nasdaq 100...
BITFINEX:BTCUSD The standard deviation model can be used for options traders that are selling options contracts to collect a premium to identify a specific range of strike prices which are optimal for selling based on the underlying asset’s historical price fluctuations. Traders will be able to identify the statistical likelihood that their options contract will...