15 Minute Bitcoin Indicator 1.0

10 thg 4, 2018

Indicator Description:

This is a premium indicator that is intended for trading on the 15 minute time scale. This script uses ADX to judge the strength of trends. When a trend is confirmed by ADX, the indicator uses SRSI to find the optimal entry. The indicator works best on BTCUSD.

Instructions:

Whenever there is a sell signal exit the current long and vice versa. If a close signal appears close the current position but do not open another trade in opposite direction. There is a indicator based stop loss system that is built into the signals, but no static stop loss based on % loss or pips moved in one direction.

Available Settings :

1. Buying and Selling Thresholds: These are the values that are used with SRSI to determine entries. The default values were experimentally determined
to be the most profitable.

2. Stacked Orders Allowed: This limits the amount of positions that can be entered in the same direction. This is useful for trading with leverage. This is defaulted to 2 because I limit myself to 2x leverage. Backtesting shows the more orders allowed, the more profitable, but also risk is increased.

3. ADX/DI Settings: These are settings the ADX smoothing and DI length.

Backtesting:


CLICK HERE

This is a strategy that enters and exits positions on the exact same criteria as this indicator. For the simulation the capital was 10,000 dollars and it was allowed to go up to 2x leverage. Each trade used 100% of available funds. The same simulation done from 1/1/2018 to 4/10/2018 resulted in:

3658.38 % Net Profit
316 Total Closed Trades
77.22 % Profitable
4.552 Profit Factor
24 % Max Drawdown
+11.58% Average Trade
20 15m candles in each trade on average.

Future Plans:

• More robust stop loss system.
  
• Factoring trend into trading signals.
  
• EMA integration.
  
• MULTI-TIMEFRAME SUPPORT*
  

Availability

This indicator is currently in a testing stage of development with a full release planned for mid April. While the indicator is not completed, it currently is profitable for me to consider it ready for release. During this testing phase anyone can test it for free for three days, just comment below. Lifetime access currently costs .005 btc, and this price will increase once the full release occurs, if you are interested, DM me for further details.


Please comment with any ideas, suggestions, or criticisms.

10 thg 4, 2018

Phát hành các Ghi chú

testing period has been extended to a week.

10 thg 4, 2018

Phát hành các Ghi chú

This beta version is 100% free, and will continue to be 100% free for the time being.

10 thg 4, 2018

Phát hành các Ghi chú

bug fix

10 thg 4, 2018

Phát hành các Ghi chú

//version 1.1

11 thg 4, 2018

Phát hành các Ghi chú

Indicator performed very well on its first official day.

11 thg 4, 2018

Phát hành các Ghi chú

Version 1.2:

Alerts have been implemented. Use "Long Alert", "Short Alert", and "Close Position Alert" to receive alerts when the indicator puts up a signal. It is recommended to set the alert to trigger on bar close to avoid false alarms. Please contact me with any bugs, questions, or suggestions.

16 thg 4, 2018

Phát hành các Ghi chú

A caution warning has been added to address the lack of a effective stop loss system at the moment. The indicator will not react to whale pumps and dumps in its current state and that can lead to large losses if you trade only on the indicator's signals. This happened when btc pumped from 6.8 to 7.8k. A stop loss system to fix this issue is being tested and implemented. Please trade with caution until the stop loss system is updated. You can toggle off this warning in the settings. There have also been other small bug fixes regarding the alerts. Please contact me with any bugs or issues you come across.

19 thg 4, 2018

Phát hành các Ghi chú

A static stop loss system has been added, stop loss values are shown by a red line, and profit targets are shown as a green line. These are all set by default to 5%, but these values can be changed in the settings. Alerts for these stops being triggered will be implemented very soon.