It is the indicator. Threefold RSI. 3 different RSI indicators are used:
1) The RSI indicator with the period 2
2) The RSI indicator with the period 7
3) The RSI indicator with the period 14
If at the same time RSI-2 < 10 and RSI-7 < 20 and RSI-14 < 30 = a bottom
If at the same time RSI-2 > 90 and RSI-7 > 80 and RSI-14 > 70 = a top
Parameter accuracy...
Strategy uses only 2 RSI indicators. Slow and fast.
If slow RSI > 50 and fast RSI < 50 - to open a long-position
If slow RSI < 50 and fast RSI > 50 - to open a short-position
If the long-position is open and a candle green - to close a long-position
if the short-position is open and a candle red - to close a short-position
The indicator is based on moving averages. On the basis of these, the
"center" of the price is calculated, and price channels are also constructed,
which act as corridors for the asset quotations.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Played around with Moving Averages, with the goal to bounce on trendlines and trend reversals.
Time Unit : 15 min
Candle Type : Heikin Ashi
Commission : 0.05% on trades (Binance fees)
Initial capital : 1k €
Do you think this could work?
The blue line is the middle of the price channel .
If to use color strategy
If there are 2 red candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If there are 2 green candles in a row and a body of the last candle more than a half of an average body of a...
The blue line is the middle of the price channel.
If there are 2 red candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was closed over the line - to open long-position
If there are 2 green candles in a row and a body of the last candle more than a half of an average body of a candle and a candle was...
hello I'm a beginner in trading, but I try to learn how to code strategies.
I recoded the Ichimoku indicator, and created my personnal strategy based on it.
The backtesting is done from 1/1/2017 to today in 45 min Time Unit for candles, with a 1 000 € equity.
The trades are all Long Entries and Exits with no pyramiding, no short trades at all.
/!\ Exchanges...
The Chande Forecast Oscillator developed by Tushar Chande The Forecast
Oscillator plots the percentage difference between the closing price and
the n-period linear regression forecasted price. The oscillator is above
zero when the forecast price is greater than the closing price and less
than zero if it is below.
Don't use on pairs of type "crypto/crypto"!
Only for pairs like "crypto/fiat" ("BTC/USD", "BTC/CNY", "ETH/USD", "ETH/CNY", etc)
Trade strategy which uses only 2 MA.
The slow MA (blue) is used for definition of a trend
The fast MA (red) is used for an entrance to the transaction
For:
- For H1
- For crypto/fiat
- Good for "BTC/USD", "ETH/USD"
...
This strategy uses divergences between three exponential moving averages and their slope directions as well as crosses between the price and these moving averages to switch between a long or short position. The strategy is non-stop in the market and always either long or short.
In addition the moving averages and price bars are colored depending if they are...
You can choose one of these MA types in params:
Simple Moving Average (SMA)
Exponential Moving Average (EMA)
Weighted Moving Average (WMA)
Arnaud Legoux Moving Average (ALMA)
Hull Moving Average (HMA)
Volume-weighted Moving Average (VWMA)
Least Square Moving Average (LSMA)
Smoothed Moving Average (SMMA)
Double Exponential Moving Average...
This strategy is meant to be used to follow trending markets. Use of other methodologies to define or anticipatetrends will greatly enhance profits. Enjoy!
