DCA, Support and Resistance with RSI and Trend Filter

9 thg 9, 2024

This script is based on
tradingview.com/v/8avMvSbe/ script from Kieranj with added pyramiding and DCA

The buy condition (buyCondition) is triggered when the RSI crosses above the oversold threshold (ta.crossover(rsi, oversoldThreshold)), the trend filter confirms an uptrend (isUptrend is true), and the close price is greater than or equal to the support level (close >= supportLevel).

The partial sell condition (sellCondition) is triggered when the RSI crosses below the overbought threshold (ta.crossunder(rsi, overboughtThreshold)) and profit goal is reached, the trend filter confirms a downtrend (isUptrend is false), and the close price is less than or equal to the resistance level (close <= resistanceLevel).
Full sell will be triggered if trend is broken and profit goal is reached

With this implementation, the signals will only be generated in the direction of the trend on the 4-hour timeframe. The trend is considered up when the 50-period SMA is below the 200-period SMA (ta.sma(trendFilterSource, 50) < ta.sma(trendFilterSource, 200)).

Pyramiding should be activated, values like 100, so every DCA step should be around 1%
i have best results on 5 min charts

12 thg 9, 2024

Phát hành các Ghi chú

-Added Wavetrend as additional indicator for buying/selling
-Set all default parameters same as i doing backtests.
-other small fixes

13 thg 9, 2024

Phát hành các Ghi chú

Added new option:
Using g trend as trend filter module:
tradingview.com/v/utIrJYJS/
thanks LUIS_GANDARA_G_TREND

15 thg 9, 2024

Phát hành các Ghi chú

- Added MCAD as trend indicator

- Reworked multi time frames :
The strategy working now on 3 time frames
1. Time frame where buy/sell signals on base of Wavetrend(default is on) and RSI are triggered. I'm using 5 min.
2-3. Slow and fast trend time frames. Signals from time frame 1 are ignored if on this time frames RSI or Trend (MCAD or G trend) conditions are not meet. I'm using 15 min and 4 hours.

16 thg 9, 2024

Phát hành các Ghi chú

- in previous post index was of course MACD, cant edit anymore
- Added new option for cooldown between orders
- fixed several bugs, specially on short side trading

17 thg 9, 2024

Phát hành các Ghi chú

- added new option: based on ATR partial sells can be deactivated
- updated default values

20 thg 9, 2024

Phát hành các Ghi chú

- Fixed repainting, needed to remove all indicators except MACD for it for now, but MACD has the best performance anyway

20 thg 9, 2024

Phát hành các Ghi chú

-- other repainting fix

22 thg 9, 2024

Phát hành các Ghi chú

- fix, negative numbers in % profit goals working now, maybe good in some situations.

28 thg 9, 2024

Phát hành các Ghi chú

- new options on fast and slow filters for full sells if wrong direction, it was hard coded till now
- new options for threshold entries on slow trend filter, filter is not activated till threshold amount of entries is reached

7 thg 10, 2024

Phát hành các Ghi chú

--Added new parameter for slow trend:
"Threshold profit %", slow trend filter will be disabled if current profit bigger then this value, default -2.

18 thg 10, 2024

Phát hành các Ghi chú

-- fixed bug: profit and profit outside trend made exactly opposite
-- added new parameter: profit on high ATR (was the same as profit outside trend before)
-- added new parameter: source, was hard coded to close before, default close
-- added better comments to chart

3 thg 11, 2024

Phát hành các Ghi chú

-- Added ichimoku cloud as trend filter (default will stay MACD)
-- Changed default MACD source from SMA to EMA
-- Bugfix: heikinashi and MACD

15 thg 11, 2024

Phát hành các Ghi chú

-- added Volatility Gaussian Bands [BigBeluga]

as trend filter, default is disabled, the strategy should work as before.

16 thg 11, 2024

Phát hành các Ghi chú

-- bugfix: fixed wrong executed part. sells in today release

21 thg 11, 2024

Phát hành các Ghi chú

--Added additional full sell signals on fast and slow trends

2 thg 12, 2024

Phát hành các Ghi chú

-- bugfix full sell repainting in rare cases

6 thg 12, 2024

Phát hành các Ghi chú

-- other bugfix

16 thg 12, 2024

Phát hành các Ghi chú

--bugfix: cooldown period

23 thg 12, 2024

Phát hành các Ghi chú

-- Fixed small bug in "Threshold entries" on slow trend, changed default value to 3

18 thg 1

Phát hành các Ghi chú

-- bugfix: buy and sell signal on same candle(very rare case)

29 thg 1

Phát hành các Ghi chú

-- added new option:
Additional entry signal on fast trend filter, if wave trend triggered(default true)

1 thg 2

Phát hành các Ghi chú

-- added Schaff Trend Cycle als option
-- fixed several bugs

1 thg 2

Phát hành các Ghi chú

--other bugfix

9 thg 2

Phát hành các Ghi chú

-- added new panic sell mode: it reducing position on a smart way depends of settings
-- changed default part. sell to 10
-- fixed bugs

25 thg 2

Phát hành các Ghi chú

-- small bugfixes
-- changed default part sell to 20%

28 thg 2

Phát hành các Ghi chú

-- bugfix: multiple trend filters simultaneously possible

9 thg 3

Phát hành các Ghi chú

-- New Option: disable entry or close position
-- Bugfix

14 thg 3

Phát hành các Ghi chú

-- added new option: start position size and price
-- bugfix

15 thg 4

Phát hành các Ghi chú

-- added separated profit(full sell) setting for slow and fast trend
-- added separated wavetrend settings for slow and full trend

20 thg 4

Phát hành các Ghi chú

-- added ADX index
-- bugfixes