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3 RSI 6sma/ema ribbon crypto strategyThis is a very efficient swing trading strategy designed for crypto long timeframes like 2h+.
Initially we have 3 RSI .
AFter that we use them as source for 6 SMA/EMA for each RSI, 5, 30, 50, 70, 90, 100. With those we create a ribbon that we are going to use in order to check the direction of the trend.
Rules for entry:
For long : if either all the SMA/EMA's from the 2nd RSI are telling us to go long, or all the all SMA/EMA's from the 3rd rsi are telling us to go long F
For short : if either all the SMA/EMA's from the 2nd RSI are telling us to go short, or all the all SMA/EMA's from the 3rd rsi are telling us to go short
We exit when we get an opposite condition than the entry one.
Caution: this strategy has no risk management inside, so use it with caution. If you have any questions , let me know ! Strategy
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BTC Candle Correlation Strategy This is a special strategy adapted for crypto market, which instead of using the current chart candles, we use inside calculation a candle from different charts.
For best usage I recommend a big timeframe like 1-4h+.
In this case we take the high, low, open and close candles from different brokers for BTC, and with it we form up the candle that we are going to use for the logic of entry.
At the same time we are going to create an upper and lower bands using a moving average and the difference between high and low.
So in a way to put it, if BTC triggers a sell or buy order, we input instead these orders on the current chart, like in this example with ETH.
Rules for entry
For long : if we have a crossover of the btc source value with the upper band .
For short: if we have a crossunder of the btc source vale with the lower band.
For exit, we do it when we receive a different signal than the initial one.
This strategy does not have any other risk management inside, so use it with caution.
If you have any other questions, let me know ! Strategy
Forex Daytrade T3 MA sessionThis is a simple yet very efficient daytrading strategy for most crosses pairs, like EUR/NZD, EUR/AUD , GBP/NZD, GBP/AUD and so on.
It tends to works best with 1h and 15 min time frame charts.
Its components are :
Entry time = session that we want to trade, where we can combine for example half of London and all of NY using an hour system.
T3 Moving average
Price action.
Rules for entry
For long , we are during the hours we want to trade, current close is price is above previous high and at the same time is above moving average
For short , we are during the hours we want to trade, current close is price is below previous low and at the same time is below moving average
Rules for exit
We exit when either the opposite condition is triggered, if the hours of trading are off or based on a percentage TP/SL system movement.
For this example we use 1% movement both for TP and SL
If you have any questions, let me know ! Strategy
[Advanced] Hilega-Milega IndicatorThis Indicator Name is Hilega Milega, and the original Idea given by Nitish Kumar, I just coded it and add some signals for backtesting.
it works on RSI + WMA and EMA plotted.
Default Values Used :
RSI = 9
WMA = 21
EMA = 3
But i added some extra, now everyone can change the Type of WMA and EMA, also SMA for trend confirmation,
How it works ??
Buy : When RSI crossover WMA or any Type of Moving Average you choose,
Sell : When RSI crossunder WMA or any Type of Moving Average you choose,
also:
Buy : When EMA crossover WMA or any Type of Moving Average you choose,
Sell : When EMA crossunder WMA or any Type of Moving Average you choose,
also:
Buy : When RSI + EMA crossover WMA or any Type of Moving Average you choose at the Same time,
Sell : When RSI + EMA crossunder WMA or any Type of Moving Average you choose at the Same time,
and Much More...! hope so you like it, Strategy
M8 BUY @ END OF DAYI've read a couple of times at a couple of different places that most of the move in the market happens after hours, meaning during non-standard trading hours.
After-market and pre-market hours and have seen data presented showing that systems which bought just before end normal market hours and sold the next morning had really amazing resutls.
But when testing those I found the results to be quite poor compared to the pretty graphs I saw, and after much tweaking and trying different ideas I gave up on the idea until I recently decided to try a new position management system.
The System
Buys at the end of the trading day before the close
Sells the next morning at the open IF THE CLOSE OF THE CURRENT BAR IS HIGHER THAN THE ENTRY PRICE
When the current price is not higher, the system will keep the position open until it EITHER gets stops out or closes on profit <<< this is WHY it has the high win %
The system has a high win ratio because it will keep that one position open until it either reaches profit or stops out
This "system" of waiting, and keeping the trade open, actually turned out to be a fantastic way to kind of put the complete trading strategy in a kind of limbo mode. It either waits for market failure or for a profit.
I don't really care about win % at all, almost always high win % ratio systems are just nonsense. What I look for is a PF -- profit factor of 1.5 or above, and a relatively smooth equity curve. -- This has both.
The Stop Loss setting is set @ .95, meaning a 5% stop loss. The Red Line on the chart is the stop loss line.
There is no set profit target -- it simply takes what the market gives.
Non-Repainting System
This does use a 200D Simple Moving Average as a filter. Like a Green Light / Red Light traffic light, the system will only trade long when the price is above its 200 Moving average.
Here is the code: "F1 = close > sma(security(syminfo.tickerid, "D", close ), MarketFilterLen) // HIGH OF OLD DATA -- SO NO REPAINTING"
I use "close ", so that's data from two days ago, it's fixed, confirmed, non-repainting data from the higher timeframe.
-- I would only suggest using this on direction tickers like SPY, QQQ, SSO, TQQQ, market sectors with additional filters in place.
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Three (3)-Bar and Four (4)-Bar Plays StrategyThis strategy analyzes the three and four-bar play which is when price action has a wide igniting bar that has a full body, then one or two narrow bars which have a relatively equal high for long plays and relatively equal low for short plays, then a continuation bar. You should not take plays that will encounter resistance. The stop loss is placed for long plays below the 2nd bar (or 3rd bar for 4-bar play).
This is commonly used on 1m, 2m, 5m, and 10m charts.
Jared Wesley is one of the more notable traders that use this setup. You can edit as an input the start date, end date, igniting bar size, the body percentage of the igniting bar, the relative equality of the 2nd bar (and 3rd bar for 4-bar play) compared to the igniting bar, and profit multiplier. Strategy
7-RSI strategyHello, I've only been trying to learn PineScript for two months on my own, here I am posting a version of the strategy for a grid bot with 20 orders, order size 5%, earlier I tried to find something similar, but could not. Perhaps others, those who, like me, are just starting to learn PineScript, will find something useful. In the process of using grid bots, I noticed that the RSI indicator is sufficient, so the strategy uses 7 RSI indicators on different timeframes, but it is not necessary to use all 7, usually 3 is enough, therefore, by default, the RSI values are set to limit so that there is no effect on the settings of others. The step between bot orders is set in the settings. The code can of course be simplified, but it's better for understanding, I think. Strategy
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10PreBuyerQuite a simple system
Uses a moving average, the blue line to try and get filled at favorable prices
The MA is multiplied by a number (e.g. .90) which means the system tries to get filled at a 10% lower price (on the Blue MA line)
This means that stop limit buy orders have to be set in advance on the blue line and hope that they would get filled when there is a temporary drop in price
This obviously works best on tickers with a clear long-term up direction
The multiplier can be set to .95 to try and get in on 5% drops instead of 10% drops
"Prof TRG %" determines what profit target you'd like the system to use, default is 1.2 meaning a 20% target, but 1.05, 1.10, and 1.30 would also be good considerations
"Loss TRG %" determines what stop-loss target you'd like the system to use, default is 0.90, meaning 10% stop loss, but, .95, and .85 would also be good considerations
The Profit Target line is green
The Stop Loss target line is red
Using the combination of the Stop Loss inputs and Profit Target inputs you can determine your own RR (Risk to reward ratios), for example, 1:1, 2:1, 3:1, 5:1
Let me know if anything is unclear and I'll try to clarify.
Again, this system assumes that you'll have waiting stop limit orders that are trying to get filled on the blue line, is below price most of the time -- so it's trying to get in on temporary drops on instruments that have a long term uptrend.
1:1 RR ratio would mean high win %
1:5 RR ratios would mean low win %
Not that win % matters, the important things IMO to pay attention to is Profit Factor and a relatively smooth equity cruve Strategy
Simple Buy/Sell StrategyThis is the strategy version of the original 'Simple Buy/Sell Indicator' by @Shizaru .
The original indicator description explains the logic behind the strategy:
"The original script was posted on ProRealCode by user Doctrading.
This little and simple code allows you to draw an indicator, which show you when buy or sell conditions are met.
For "buy" conditions, I did just set :
close > MM200
close > Parabolic SAR
MACD > 0
RSI7 > 50
For "sell" conditions : the opposite.
Of course, you can set what you want, in order to test your strategies.
Of course, to be profitable, you must also set your trading rules (entry, stop loss, trailing stop, take profit, etc.)
It's only an indicator, which doesn't show entry or exit rules."
Hope this helps someone! Strategy
Multi-X by HamidBoxHello to All, introducing Multi Types Crossover strategy,
simply the best way of trading with Crossover and Crossunder Strategy, How it Works???
I added 5 types of Moving Averages,
1: Simple Moving Average ( SMA )
2: Exponential Moving Average ( EMA )
3: Weighted Moving Average ( WMA )
4: Volume Weighted Moving Average ( VWMA )
5: Relative Moving Average (RMA)
With this indicator, you can do scalping, You can trade not only with similar types of Moving Average indicators but also with different types of Moving Average indicators.
what is mean? like: Normal Condition is:
( Simple Moving Average ) Crossover to ( Simple Moving Average ), SMA x SMA
( Exponential Moving Average ) Crossover to ( Exponential Moving Average ), EMA x EMA
But we can Crossover with:
( Exponential Moving Average ) Crossover to ( Simple Moving Average ), EMA x SMA
( Simple Moving Average ) Crossover to ( Weighted Moving Average ), SMA x WMA
( Weighted Moving Average ) Crossover to ( Weighted Moving Average ), WMA x WMA
( Simple Moving Average ) Crossover to (Relative Moving Average), WMA x RMA
and also I added Moving Average ZONE in this tool, What does it work???
The zone will tell us what type of direction the market has, if the market is above the zone, it's mean we have a Bullish Trend, and if the market is below the zone, it means the market has a Bearish Trend,
so if you want to play on the safe side, never trade when the market is in Bearish Trend, and if you want to play on aggressive mood, you can skip Moving Average Zone section. Strategy
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Chaikin Money Flow + MACD + ATRHere I present you on of Trade Pro's Trading Idea: Chaikin Money Flow + MACD + ATR.
This strategy is not as profitable as it can be seen in one of his videos. In the forex market, the strategy could reach a maximum of 35% profitability.
I have, as some of my followers have requested, created an overview of the current position, risk and leverage settings in the form of a table.
Furthermore, one can again swap between short and long positions.
It is now possible to select or deselect individual indicators.
I have chosen the ATR alone as a take profit stop loss, as in his strategy.
A position is only triggered as soon as all prerequisites have been fulfilled and a command is executed. This prevents false triggering by bots and repainting.
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How does the strategy work?
ENTRY
Long
The MACD indicator must be above the zero line.
Then the K line must cross the D line.
Finally, when this happens, the Money Flow Index must be above the zero line.
Short
Contrary to the premise of long positions.
EXIT
ATR Exit
The value of ATR at the time of buying is multiplied by the value entered in "Profit factor ATR" and "Stop factor ATR". As soon as the price reaches this value, it is closed.
Important
The script must be optimized for each coin or currency pair.
I will publish a guide to the strategy shortly. There I will explain how the table works and how to set the strategy correctly.
The results of the strategy are without commissions and leverage.
If you have any questions or feedback, please let me know in the comments. Strategy
