Arkaydeus Trend Strategy (by Arkaydeus)

The Arkaydeus Trend Strategy uses a combination of a fast and slow EMA creating a trend ribbon but also introduces the following features:

• A Big EMA to filter out buys which aren't following a higher level trend
  
• A filter on only positive candles for entry
  
• An entry only closing above a positive trending ribbon
  
• A sideways noise threshold filter which is configurable to remove too many trades whilst ranging sideways
  
• A toggled spike switch to exit trades on lows hitting threshold even if close doesn't
  
• A % based trailing stop feature that is turned off by default
  

The indicator can be used as a trading strategy or you can switch trades off and just use the enter and exit points painted on the graph.

This strategy is designed for the larger Crypto assets ( BTC /ETH) and should be run on the daily time frame. It has been optimised for these and may not perform as well on other instruments.

It should not be used in heavily ranging markets which move sideways and is designed as a trend based long only strategy.