Seer's Hut
This is a strategy based on Exponential Moving Averages or Volume Weighted Moving Averages against Adaptive fib resistance / support level and profit percentage which can be definetly defined by user and targeting small profits(profits will be raised by leverages).
In this strategy, there are predefined values which are collected one by one with statistical background and backtests. This gives an advantage to see which ratios are working better for each symbol. Also this statistics are re-evaluated monthly and if there is a need they are going to be changed with the help of libraries. Also IT IS RECOMMENDED TO USE IN DAILY INTERVAL GRAPHICS!!!!
When we deep dive to strategy, it is based on profit percentages. it is similar to the MOST system. MOST only changes the way with default value of %2. But this hardcoded strategy is not working well with each Symbol.
So this is the point where DC and ADR Statistics are involved.
For Ex. while BTC is suits well with %2, it does not do wonders for RSR or RUNE which is 4-5% for each.
There is 3 options for setting the statistical usage of this indicator.
1. Auto calculated based on 1000 days of ADR and DC
https://imgur.com/w9uUoZp
2. Using Library where statistical values are stored.
https://imgur.com/x4Y1plz
3. User-defined values used. Yeah you read it right. Fully on-demand changes are supported. Which gives freedom to users for setup their own Adaptive FIB and Profit Percentages.
https://imgur.com/uFGbPhL
Based on this 3 options, TP and SL points are calculated on bar closures. Strategy Orders are also shown / raised with the closures.
Ok, system calculates these values but how to read / use them. what is this strategy based on ?
This strategy is mostly looking for minimizing the LOSS in case of any stop. So because of this, in each TP, system gives order signal to close half of the remaining open position.
There are 7 type of orders
OL : Open Long (Close Short and Open Long if in position)
CL 50 : Close Long - %50 of Open Position
CL 100 : Close Long - Close all position
OS : Open Short (Close Long and Open Short if in position)
CL 50 : Close Short - %50 of Open Position
CL 100 : Close Short - Close all position
TP5 : Highest TP reached. Close all position.
Script checks cross of EMA / VWMA and adFib to decide open a position. In reversal / crosses, adFib line had been set to defined Fib. Percentage (FP) level.
For creating the TP points, Profit Percentage (PP) parameter had been used which I briefly introduce at the beginning with the options.
One important topic about this strategy, it is not stacking / pyramiding the positions. Which means, it always calculate one way position. For example we are in the long position after OL signal.
We reached TP values and take profits. Later on due to FP crossing EMA, OS order signal given. This means you have to close all long position and open short position.
But beware. These calculated points are based on given values or calculated regarding to average ADR / DC ratings. For supporting strategy, several methods also had been included in the options.
https://imgur.com/tE00X6P
These are:
1. MA plotting (Optional 4 EMA, 1WMA) - checking for Golden and Death Cross
2. Bollinger Bands (Length 25 and Multiplier 2.5 set as default. Used in correlation with TEMA)
3. Kama 2 / Kama 5 - Crossing speaks of Trend way
4. TEMA (TEMA 50, VWMA 25 calculations and plotting. Used for TEMA 50 / VWMA 25 / SMA 25 cross checks for weakening or strengthening trend analysis)
5. ATR plotting
6. Chandelier Exit plotting (Widely used for calculating Stop levels in market)
7. PSAR (Widely used for indicating trend reversal)
Also for the ease of use, if the users does not want to plot any values on the graph and just want to see the values there is couple of tables also included.
1. EMA info
2. KAMA info
3. Order info
4. TP/SL info
https://imgur.com/5w6rC4I
Some important notes:
1. To minimize the stop just after the order opening candle in volatile grounds, system prevents to raise new order signals if there is a signal already raised in last 4 candle.
2. if system reach and give close order in one of the TP points (For Ex TP1.), then index goes down and goes up again same TP (above TP1 in scenario) after 4 candle, system gives a close order signal again in the same TP.
3. There is a Profit Factor value had been shown at Order Info table. This information shows how profitable is the setup regarding to given FP and PP values.
In general market conditions, A Profit Factor above 1.50 is considered good enough and above 2.0 it is considered ideal. A strategy with profit factor less than 1.20 suggests too bigger a risk taken for making money.
In some cases automatic ADR and DC calculations are not good enough. so if you want to find a good Profit Factor value, you can change the system automatic calculation to manual value entering and you can see the results directly with in this field.
In this strategy, there are predefined values which are collected one by one with statistical background and backtests. This gives an advantage to see which ratios are working better for each symbol. Also this statistics are re-evaluated monthly and if there is a need they are going to be changed with the help of libraries. Also IT IS RECOMMENDED TO USE IN DAILY INTERVAL GRAPHICS!!!!
When we deep dive to strategy, it is based on profit percentages. it is similar to the MOST system. MOST only changes the way with default value of %2. But this hardcoded strategy is not working well with each Symbol.
So this is the point where DC and ADR Statistics are involved.
For Ex. while BTC is suits well with %2, it does not do wonders for RSR or RUNE which is 4-5% for each.
There is 3 options for setting the statistical usage of this indicator.
1. Auto calculated based on 1000 days of ADR and DC
https://imgur.com/w9uUoZp
2. Using Library where statistical values are stored.
https://imgur.com/x4Y1plz
3. User-defined values used. Yeah you read it right. Fully on-demand changes are supported. Which gives freedom to users for setup their own Adaptive FIB and Profit Percentages.
https://imgur.com/uFGbPhL
Based on this 3 options, TP and SL points are calculated on bar closures. Strategy Orders are also shown / raised with the closures.
Ok, system calculates these values but how to read / use them. what is this strategy based on ?
This strategy is mostly looking for minimizing the LOSS in case of any stop. So because of this, in each TP, system gives order signal to close half of the remaining open position.
There are 7 type of orders
OL : Open Long (Close Short and Open Long if in position)
CL 50 : Close Long - %50 of Open Position
CL 100 : Close Long - Close all position
OS : Open Short (Close Long and Open Short if in position)
CL 50 : Close Short - %50 of Open Position
CL 100 : Close Short - Close all position
TP5 : Highest TP reached. Close all position.
Script checks cross of EMA / VWMA and adFib to decide open a position. In reversal / crosses, adFib line had been set to defined Fib. Percentage (FP) level.
For creating the TP points, Profit Percentage (PP) parameter had been used which I briefly introduce at the beginning with the options.
One important topic about this strategy, it is not stacking / pyramiding the positions. Which means, it always calculate one way position. For example we are in the long position after OL signal.
We reached TP values and take profits. Later on due to FP crossing EMA, OS order signal given. This means you have to close all long position and open short position.
But beware. These calculated points are based on given values or calculated regarding to average ADR / DC ratings. For supporting strategy, several methods also had been included in the options.
https://imgur.com/tE00X6P
These are:
1. MA plotting (Optional 4 EMA, 1WMA) - checking for Golden and Death Cross
2. Bollinger Bands (Length 25 and Multiplier 2.5 set as default. Used in correlation with TEMA)
3. Kama 2 / Kama 5 - Crossing speaks of Trend way
4. TEMA (TEMA 50, VWMA 25 calculations and plotting. Used for TEMA 50 / VWMA 25 / SMA 25 cross checks for weakening or strengthening trend analysis)
5. ATR plotting
6. Chandelier Exit plotting (Widely used for calculating Stop levels in market)
7. PSAR (Widely used for indicating trend reversal)
Also for the ease of use, if the users does not want to plot any values on the graph and just want to see the values there is couple of tables also included.
1. EMA info
2. KAMA info
3. Order info
4. TP/SL info
https://imgur.com/5w6rC4I
Some important notes:
1. To minimize the stop just after the order opening candle in volatile grounds, system prevents to raise new order signals if there is a signal already raised in last 4 candle.
2. if system reach and give close order in one of the TP points (For Ex TP1.), then index goes down and goes up again same TP (above TP1 in scenario) after 4 candle, system gives a close order signal again in the same TP.
3. There is a Profit Factor value had been shown at Order Info table. This information shows how profitable is the setup regarding to given FP and PP values.
In general market conditions, A Profit Factor above 1.50 is considered good enough and above 2.0 it is considered ideal. A strategy with profit factor less than 1.20 suggests too bigger a risk taken for making money.
In some cases automatic ADR and DC calculations are not good enough. so if you want to find a good Profit Factor value, you can change the system automatic calculation to manual value entering and you can see the results directly with in this field.
Phát hành các Ghi chú:
Huge update has come. This is a totally refactor the code to prevent some repainting issues.
1. Frosty Bot integration had been integrated for web-hook users. 2 new parameters added for this
* Frosty Account : STUB name that is set in frosty-bot application
* Order Size : Order size is notional amount. if you have 5x leverage and want to use 100 USDT from your account, you should enter 100 x 5 = 500
2. Halving parameter added. By this your position will be halved as much as you want regarding to strategy. Default is 7
3. Short TP calculations had been changed according to unreliable TP values.
4. Standard Deviation of ADR also added for TP calculation against bare-ADR calculation.
5. New SL conditions are added.
6. Predefined library is removed from code as it's maintenance costs are not feasible.
7. Some minor tweaks on table to increase readability in light mode.
1. Frosty Bot integration had been integrated for web-hook users. 2 new parameters added for this
* Frosty Account : STUB name that is set in frosty-bot application
* Order Size : Order size is notional amount. if you have 5x leverage and want to use 100 USDT from your account, you should enter 100 x 5 = 500
2. Halving parameter added. By this your position will be halved as much as you want regarding to strategy. Default is 7
3. Short TP calculations had been changed according to unreliable TP values.
4. Standard Deviation of ADR also added for TP calculation against bare-ADR calculation.
5. New SL conditions are added.
6. Predefined library is removed from code as it's maintenance costs are not feasible.
7. Some minor tweaks on table to increase readability in light mode.
Phát hành các Ghi chú:
Fixed wrong alert message sent for Full Close after SL condition occurs.
Phát hành các Ghi chú:
Minor Fix for 4 bar index limit for unclosed positions which poses crossing the SL right after opening position.w
Phát hành các Ghi chú:
Added support for 3Commas bot usage.
Phát hành các Ghi chú:
ATR TrailingStop had been tweaked.
Phát hành các Ghi chú:
Tweaked open and close options regarding to irrelevant actions.
Phát hành các Ghi chú:
Major bug fix regarding to Frostybot trade options.
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