Base of this Strategy is crossover of 12EMA on 26EMA. Also multiple other criteria has to meet for buy signal, Criterias mentioned below ////////////////////////////////// There two entry option to select. Either one or both can be selected: 1. Only 12/26 Cross over a. 12/26 crossover. b. RSI (14) value to be between a range (RSI is inbuilt, but lower and...
Hello Everyone, Wish you all Merry X-Mas and happy new year. Lets start 2023 with fresh new strategy built on Wolfe Indicator. Details of the indicator can be found here 🎲 Wolfe Concept Wolfe concept is simple. Whenever a wedge is formed, draw a line joining pivot 1 and 4 as shown in the chart below: For simplicity, we will only consider static value for...
This strategy uses an ATR rule to assess momentum and a TSI rule to assess bullish or bearishness It has a fixed stop at 50 points, and fixed take profit at 300 pips It provides a very satisfyingly smooth equity line with a max drawdown below 5% and realized profit over 200% This is the initial version as I work out optimizations and add plots to the chart based...
The script uses following mechanism to give a signal of BUY if multiple parameters evaluated are all passed. ENTRY- 1. 5 min MACD should be more than its previous tick 2. 15 min MACD should be more than its previous tick 3. 60 min MACD should be more than its previous tick 4. ADX should be more than 12 5. RSI should be more than 60 6. Stochastic %k should have...
The script uses following mechanism to give a signal of SELL if multiple parameters evaluated are all passed. ENTRY- 1. 5 min MACD should be less than its previous tick 2. 15 min MACD should be less than its previous tick 3. 60 min MACD should be less than its previous tick 4. ADX should be more than 12 5. RSI should be less than 40 6. Stochastic %k should...
Volume Strike This custom non-repainting indicator is based on an extremely simple strategy we came up with using only the default Volume indicator and key price levels. We’ll start by explaining the time settings. You will see 4 of them. The 2 times on the left represent the closed-volume candles at those times. The 2 times on the right MUST be 1 minute after...
The relative strength index is a momentum indicator used in technical analysis. It measures the speed and magnitude of a coin's recent price changes to evaluate overvalued or undervalued conditions in the price of that coin. The RSI is displayed as an oscillator (a line graph essentially) on a scale of zero to 100. When the RSI reaches oversold levels, it can...
This strategy uses Renko, it generates a signal when there is a reversal in Renko. When using historical data, it provides a good entry and an okay exit. However, in a real-time environment, this strategy is subject to repaint and may produce a false signal. As a result, the backtesting result should not be used as a metric to predict future results. It is highly...
A "macro score", as defined here, is created by giving various weights to different signals and adding them together to get one smooth score. Positive or negative values are assigned to each of the signals depending on if the statement is true or false (e.g. DPO > 0: +1, DPO < 0: -1). This manner of strategy allows for a subset of the available signals to be...
This is a trading strategy made by TradeSmart, using the recommendations given by ChatGPT . As an experiment, we asked ChatGPT on which indicators are the most popular for trading. We used all of the recommendations given, and added more. We ended up with a strategy that performs surprisingly well on many crypto and forex assets. See below for exact details on...
Japanese below / 日本語説明は下記 Overview I have made this strategy mimicking the legendary traders group, Turtle’s 20days high low break strategy with more options available for take profit(TP) and stop loss(SL) conditions. The main component of the strategy is same as my indicator, Previous N days/weeks/months high/low(see the link below) and with this strategy, ...
AI-Optimized RSI Introducing AI-Optimized RSI: a streamlined solution for traders of any skill level seeking to rapidly test and optimize RSI. Capable of analyzing thousands of strategies, this tool cuts through the complexity to identify the most profitable, reliable, or efficient approaches. Paired with TradingView's native backtesting capabilities, the...
Massive update! This script now includes 12 different moving averages and 30+ built-in technical indicators to enhance your trading strategy optimization! (: This script (MACD Optimizer Pro) allows the user to optimize and test hundreds of MACD strategies, simultaneously, in under 40 seconds. Of course, theoretically, an unlimited number of trading strategies can...
AI-Optimized Supertrend Introducing AI-Optimized Supertrend: a streamlined solution for traders of any skill level seeking to rapidly test and optimize Supertrend. Capable of analyzing thousands of strategies, this tool cuts through the complexity to identify the most profitable, reliable, or efficient approaches. Paired with TradingView's native backtesting...
Long/short strategy that identifies extreme readings on the rsi as a *momentum signal*, unlike most RSI strategies the script will look to buy or sell the first pullback in the direction of the extreme RSI reading. Enters positions on the first pullback to the 5ema(low)/ 5ema(high) and exits at rolling 12 bar high/ low. The rolling high/ low feature means that if...
This strategy utilizes two pairs of different Moving Averages, two Volume-Weighted Moving Averages (VWMA) and two Simple Moving Averages (SMA). There is a FAST and SLOW version of each VWMA and SMA. The concept behind this strategy is that volume is not taken into account when calculating a Simple Moving Average. Simple Moving Averages are often used to...
Hi Traders, This is my testing strategy which implemented Trading View's trailing stop loss feature. This strategy mainly focus on ETH/USDT perp contract15 minutes timeframe, backtest capital is set to 1000 USDT, 10% equity, 0.04% commission, limited backtest date from Jan 2022 to now, result as shown below. I have faith in this strategy, but still please use only...
Hi Traders, I'm republishing this script as I finally polished it to perfection IMO. The script uses 5 coding sections: entry, trend filter, pivot filter, take profit, and stop loss. The script mainly uses trailing as take profit; this is probably the easiest way to make a profitable scalper strategy. Backtest capital is set to 1000 USDT, 35% equity, 0.04%...