This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules: 1. If RSI(2) is less than 15, then enter at the close. 2. Exit on close if today’s close is higher than yesterday’s high. If you backtest it on Mini Futures SP500 you will be able to track data from 1993. It is...
This is a simple strategy that is working well on SPY but also well performing on Mini Futures SP500. The strategy is composed by the followin rules: 1. If today’s close is below yesterday’s five-day low, go long at the close. 2. Sell at the close when the two-day RSI closes above 50. 3. There is a time stop of five days if the sell criterium is not...
This the premium version of my MTF Layered RSI strategy, which improves significantly on the original strategy (publicly available on my profile). Improvements are below. This strategy will also appear as an overlay on your chart. It is completely non-repainting. The MTF Layered RSI strategy uses the current timeframe and two configurable higher timeframes to...
This strategy is a momentum-based strategy that uses the Relative Strength Index (RSI) indicator and a TrueLevel envelope to generate trade signals. The strategy uses user-defined input parameters to calculate TrueLevel envelopes for 14 different lengths. The TrueLevel envelope is a volatility-based technical indicator that consists of upper and lower bands. The...
5 indicators. Backtesting available. Uses ADX, RSI, Stochastic, MACD, and crossing EMAs (1,2, or 3). This strategy creator allows you to turn on or off these indicators and adjust the parameters for each indicator. It allows you to make one trade at a time e.g the next trade doesn't open until the last one closes. (You are also able to enter how many trades in one...
The strategy is designed to trade on the Stochastic RSI indicator crossover signals. Below are all of the trading conditions: -When the Stochastic RSI crosses above 30, a long position is entered. -When the Stochastic RSI crosses below 70, a short position is entered. -The strategy also includes two additional conditions for entry: -Long entries must have a...
BINANCE:FETBUSD The DCA Detective | v1.0 strategy revolutionizes the realm of DCA (Dollar Cost Averaging) trading, integrating advanced trade initiation predicated on savvy Technical Analysis (TA) signals. This strategy's distinctive feature rests in its capacity to leverage TA signals or preset percentage levels to trigger safety orders, providing adaptability...
Are you looking for a reliable and profitable algorithmic trading strategy for TradingView? If so, you might be interested in our Supertrend basic strategy, which is based on three powerful indicators: Supertrend (ATR), RSI and EMA. Supertrend is a trend-following indicator that helps you identify the direction and strength of the market. It also gives you clear...
Absolutno is a pine script strategy for backtesting DCA bots with a different approach for placing both safety orders and take profit levels. Motivation Using DCA bots with safety orders most of the time is great during bull markets but in bear markets and strong downtrends it can be really challenging to close your deals only relying on safety orders placed...
What does this script do ? This script is for pine script programmers and explains how to implement a dynamic stop-loss strategy. It is different from trailing stop-loss. Trailing stop-loss can only set the retracement value, but this script can take profit on part of the position at a fixed price and allows users to decide whether to take profit on all positions...
This strategy is a result of an exploration to experiment with other ways to detect lows / dips in the price movement, to try out alternative ways to exit and stop positions and a dive into risk management. It uses a combination of different indicators to detect and filter the potential lows and opens multiple positions to spread the risk and opportunities for...
VWAP+EMA+RSI Strategy for the group MelléCasH This strategy will enter a long position when the closing price is above both the VWAP and the 15 EMA, and the RSI is above the specified overbought level. It will exit the position when the price falls by the specified stop loss percentage, rises by the specified take profit percentage, or when the trailing stop loss...
General Description and Unique Features of this Script Introducing the VWAP Breakout Trading Algorithm for TradingView – the timeless strategy designed to identify the highest probability entries and trades for all financial securities and timeframes. Unlike other strategies, the VWAP Breakout Strategy considers the buying/selling pressure in the market and...
Wunder OI bot 1. Wunder OI bot is based on the search for divergences on the Open Interest indicator. The strategy determines the divergence between the price and the Open Interest for a given period. 2. 50 EMA is used as an additional filter. If a divergence is found for a specified number of bars ago and the price is above or below, a trade will be opened. 3....
Strategy Rebalance Rebalancing trade in the context of cryptocurrency refers to adjusting the composition of a cryptocurrency portfolio to maintain a desired allocation of different digital assets. As the market value of various cryptocurrencies changes over time, the proportion of each asset in the portfolio may deviate from the original target allocation....
This is a NON-REPAINTING multi-timeframe RSI strategy (long-only) that enters a trade only when two higher timeframes are oversold. I wrote it on BTC/USD for 1min, but the logic should work on other assets as well. It is diagonally layered to be profitable for when the asset is in a downtrend. Diagonal layering refers to entry and exit conditions spread across...
OVERVIEW: Kitchen is a strategy that aims to trade in the direction of the trend by using supertrend and stochRsi data by calculating at different time values. IMPLEMENTATION DETAILS – SETTINGS: First of all, let's understand the supertrend and stocrsi indicators. How do you read and use Super Trend for trading ? The price is often going upwards when...
Title: Mean Reversion and Trendfollowing Introduction: This script presents a hybrid trading strategy that combines mean reversion and trend following techniques. The strategy aims to capitalize on short-term price corrections during a downtrend (mean reversion) as well as ride the momentum of a trending market (trend following). It uses a 200-period Simple...