Индикаторы и стратегии
Ichimoku Cloud with ADX (By Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
DMI is simple to interpret. When +DI > - DI, it means the price is trending up. On the other hand, when -DI > +DI , the trend is weak or moving on the downside. The ADX does not give an indication about the direction but about the strength of the trend.
Typically values of ADX above 25 mean that the trend is steeply moving up or down, based on the -DI and +D positioning. This script aims to capture swings in the DMI, and thus, in the trend of the asset, using a contrarian approach.
Trading on high values of ADX , the strategy tries to spot extremely oversold and overbought conditions. Values of ADX above 45 may suggest that the trend has overextended and is may be about to reverse.
This strategy combines the Ichimoku Cloud with the ADX indicator to better enter trades.
Long/Short orders are placed when these basic signals are triggered.
Long Position:
Tenkan-Sen is above the Kijun-Sen
Chikou-Span is above the close of 26 bars ago
Close is above the Kumo Cloud
MACD line crosses over the signal line
-DI is greater than +DI
ADX is greater than 45
Short Position:
Tenkan-Sen is below the Kijun-Sen
Chikou-Span is below the close of 26 bars ago
Close is below the Kumo Cloud
MACD line crosses under the signal line
+DI is greater than -DI
ADX is less than 45
The script is backtested from 1 January 2022 and provides good returns.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
This script also works well on MATIC (15m timeframe), ETH (5m timeframe), and SOL (15m timeframe).
ET TurnaroundMondayET TurnaroundMonday - two red bars, on Monday go long and exit when close > yeasterday High
J2S Backtest: Steven Primo`s Big Trend StrategyIs it possible to benefit from big trend moves? In this study I present you a strategy that aims to capture big trend moves.
Created by trader Steven Primo, The Big Trend strategy is advocates and shared through his YouTube channel without restrictions.
Note:
This is not an investment recommendation. The purpose of this study is only to share knowledge with the community on TradingView.
What is the purpose of the strategy?
The strategy focuses on capturing the movement of trends, providing an entry signal for both LONG and SHORT positions.
To which time-frame of a chart is it applicable to?
According to the author, it is applicable to any chart in different markets.
What about risk management?
The author does not establish a risk management model for strategy. This is left to the definition of each trader.
How are the trends identified in this strategy?
A 20-periods Bollinger Bands with 0.382 deviation should be plotted on the chart. Prices above the upper band indicate an uptrend, on the other hand, prices below the lower band indicate an downtrend. Finally, prices between the two bands indicate sideways trend.
How to identify a signal for LONG entry?
The signal is given after five consecutive closes above the upper Bollinger band. After that, you must enter the trade after the first trade occurs above the high of the signal bar.
How to identify a signal for SHORT entry?
The signal is given after five consecutive closes below the lower Bollinger band. After that, you must enter the trade after the first trade occurs below the low of the signal bar.
Tips and tricks
In my backtest, I tried to prove the strategy from a position trading perspective, so I proposed use fixed stop-loss and take-profits. The stop-loss is defined as being low of the first bar that generated the movement until the signal bar. The value range from the stop-loss to the signal bar is used in determining the profit target. Given any trade, position closing will be triggered when the bar trading limit is reached.
Backtest features
Backtest parameters are fully customizable, for instance: number of bars inside a trend indicating trend maturity for entry, bar limit for trading entry (after a buy or sell signals). Also, the user chooses to validate only LONG or SHORT entries, or both. It is also possible to determine the specific time period for running the backtests.
Final message
In my tests, I noticed excellent results for other crypto pairs, for example: ETH/USDT, BNB/USDT, FIL/USDT, GALA/USDT and ILV/USDT. Of course, no one strategy works perfectly for every asset, crypto, and bond out there. That's why we should explore each trading model and carry out our backtests. Please, feel free to provide me with any improvement suggestions for the backtest script. Bear in mind, feel free to use the ideas in my script in your studies.
Strategy Myth-Busting #2 - Braid Filter+ADX+EMA-Trend - [MYN]This is part of a new series we are calling "Strategy Myth-Busting" where we take open public manual trading strategies and automate them. The goal is to not only validate the authenticity of the claims but to provide an automated version for traders who wish to trade autonomously.
Our second one we are automating is the " Braid Filter: The Indicator That Will Make You a Fortune ( Crazy Win Rate ! ) " strategy from " TradeIQ " who claims to have backtested this manually and achieved 453% profit with a 75% winrate over 100 trades in just a few months. I was unable to emulate these results accommodating for slippage and commission but this strategy does fair pretty well at least compared to the first one we automated.
If you know of or have a strategy you want to see myth-busted or just have an idea for one, please feel free to message me.
This strategy uses a combination of 3 open-source public indicators:
Braid Filter by Robert Hill
CM_EMA Trend Bars by Chris Moody
ADX and DI for V4 by Trend Bars by BeikabuOyaji
Trading Rules
15 min candles but other time-frames seem to work well too.
Long
1) Buy Price action above moving average. (bars are green)
2) Braid filter must issue a new green bar
3) ADX must be above the 20 level and be pointed up, If flat or downwards, don't enter trade (adjust ADX Slope to increase/decrease the incline of the slope)
4) Stop loss at the moving average or recent swing low.
Short
1) Buy Price action below moving average. (bars are red)
2) Braid filter must issue a new red bar
3) ADX must be above the 20 level and be pointed up, If flat or downwards, don't enter trade (adjust ADX Slope to increase/decrease the incline of the slope)
4) Stop loss at the moving average or recent swing high.
Target 1.5x the risk
ALMA/EMA/SRSI Strategy + IndicatorBack with another great high hit rate strategy!!
Disclaimer* This strategy was sampled using source code written by @ClassicScott , as referred to in the script, there is a clear line where the source code was scripted by myself.
This Strategy consists of three key factors, the ALMA, EMA crossover, and a Stochastic Rsi
ALMA: The Alma is the step line shown, turning green and red at select times. This average value gives general oversight of the macro movement of price action. and this particular one was coded by Mr.ClassicScott.
EMA crossover: At the input screen you are given an option of the fast and slow ema's. The default is solely for the hit rate and correlation to the Alma of this strategy. The arrows you see depicted on the chart are the crossover events happening.
Stochastic Rsi: The Stochastic Rsi is a stochastic value, using data sampled from the rsi. The use of this indicator in my strategy is to prevent entries when too overbought and oversold, as well as closures and vice versa, to prevent holding bags either way.
Fixed % TP: In the input screen you are given a take profit and stop loss percentage, for good R/R the hit rate will take a notch down, but with no R/R it will be near perfect.
How to use this:
Add it to your chart to get the strategy inputs. (The strategy is really only useful on a 15min TF. However the indicator within it can be used on anything at anytime!)
Watch the yellow and aqua moving averages, these are your ema's and crossover's will trigger signals based on your integer inputs.
Find Correlation between other leading indicators, as well as crossover's down/up and a red/green alma.
DO NOT use the arrows as buy/sell signals. These are simply to show ema's are crossing under or over. Momentum indicator's paired with this can be useful to determine if it could be a buy signal or sell signal.
Cheat Code's Notes:
Almost at 1000 boosts!!! I appreciate the support from everyone and I will keep trying my best to deliver quality strategies for the people.
-Cheat Code
BYBIT:BTCUSDT
Andean ScalpingAndean Scalping Implementation - BETA
- Uses Andean Oscillator: alpaca.markets
- Implements a threshold moving average (SMA 1000) on the Andean Signal line at 1.1 factor to filter out small moves
- TP/SL using ATR bands at 3x multiplier
Range Strat - MACD/RSIThis strategy uses a trend based indicator (MACD) for entry/exit signals with a momentum oscillator (RSI) to act as confirmation. Although relying on a trend based indicator this has been created for range bound crypto markets, which have been in a period of chop since June 2022.
Long/Short signals are generated from MACD with the RSI oscillator thresholds suppressing entries at price extremes. This is not a mean reversion RSI strategy! As the indicators are contrary to each other you will need to be generous with the RSI settings in order for signals to trigger.
Strategy is designed for use on the 4h timeframe, it may work well on higher timeframes, but lower time frames will lead to false signals. Use fixed percentage of equity for order size to capture the compounding effect. As a reversal strategy bear in mind that should market trend strongly in either direction stops will be required.
The RSI thresholds can be tailored to provide higher frequency or safer signals. Similarly tweaking MACD settings will provide earlier/more frequent or safer signals. As this is intended to enter near range high / low you should check the visual cues to ensure a ping-pong effect is observed, so that peaks and troughs are captured. Once an observable range is established the strategy works well across a range of crypto markets,
The script is open source, so feel free to amend as you wish. Using a different momentum oscillator may provide better results. I have prior coding experience, but first time using PineScript was last night, so it's not very tidy. I will update this with some additional customisation and TP/SL in the near future.
Usage: Range bound markets
Markets: Cryptocurrency Alts/BTC/ETH
Timeframe: 4h
VXMA BotThis strategy is separated version of Cloud MA form VXD Cloud Edition, Let called it "VXMA".
what's changed?
renew TP/SL Work
Simplify code and clean look.
Risk:Reward Calculation
Risk of Ruin Setting can now selected between Fixed $ or %
if Buy your Stoploss will be Swing low
if Sell your Stoploss will be Swing high and can be setting at Pivot Setting
then Auto Position Sizing and TP line will be calculated form there and will show in Orange color line (Draw Position Box is available)
Alert Setting
{{strategy.order.alert_message}}
Python-Bot
github.com
There are 2 mode : one-way mode and hedge mode is different script on my Github profile.
read README. MD and there's video tutorial.
Pls study app.py and it's script before deploy for your own safty and your own risk, I'm NOT responsible for your loss.
GOODLUCK
Take Profit On Trend v2 (by BHD_Trade_Bot)The purpose of strategy is to detect long-term uptrend and short-term downtrend so that you can easy to take profit.
The strategy also using BHD unit to detect how big you win and lose, so that you can use this strategy for all coins without worry about it have different percentage of price change.
ENTRY
The buy order is placed on assets that have long-term uptrend and short-term downtrend:
- Long-term uptrend condition: ema200 is going up
- Short-term downtrend condition: 2 last candles are down price (use candlestick for less delay)
CLOSE
The sell order is placed when take profit or stop loss:
- Take profit: price increase 2 BHD unit
- Stop loss: price decrease 3 BHD unit
The strategy use $1000 for initial capital and trading fee is 0.1% for each order.
Pro tip: The 1-hour time frame for ETH/USDT has the best results on average.
VIPThis indicator is using the modified "SSS".
This strategy uses combined indicators to create LONG entry points, the strategy was first found by saudALThaidy.
How to use: Open your asset and pick a timeframe between 5min and 2hours (recommended: 30min, 45min), the strategy will give entry points itself, you can monitor and take profit manually(recommended), or you can use the exit setup.
exit setup:
Take Profit : close the trade and take profit after the specified percentage from the entry point gets hit.
Use Stop Percentage : if false, trade will be closed if it gets below MA line, if true it will use the next set up.
StopLose Percentage : specify a percentage to close the trade if the asset price goes below it.
Important Notes:
As saudALThaidy states that the strategy must be used with -heiken ashi- candles for the best result.
for best use of the strategy, use (Take Profit = 1,Use Stop Percentage=false) to get every trade, and take profit manually when ever you see the best.
For any notes on the strategy to be edited, or for another strategies ideas please comment.
Triple RSI strategyThis strategy is commonly used both in forex and stock markets for reversal trading. when the rsi line reaches and crosses simultaneously at 3 rsi setups i.e at 7, 14, and 21, a signal is generated.
This strategy works best in 1-hour timeframe. It provides over 60 to 80 percent accuracy in 1-hour timeframe.
In the stock market, this strategy provides an excellent entry point, if one is seeking small profits.
One can expect to make around 10 to 50 pips in the forex market easily. However, I advise seeking support from price action from the lower timeframe in the forex market.
I hope you like it.
Follow for more strategies and scripts like this.
Fast v Slow Moving Averages Strategy (Variable) [divonn1994]This is a simple moving average based strategy that takes 2 moving averages, a Fast and a Slow one, plots them both, and then decides to enter a 'long' position or exit it based on whether the two lines have crossed each other. It goes 'long when the Fast Moving Average crosses above the Slow Moving Average. This could indicate upwards momentum in prices in the future. It then exits the position when the the Fast Moving Average crosses back below. This could indicate downwards momentum in prices in the future. This is only speculative, though, but sometimes it can be a very good indicator/strategy to predict future action.
I've tried some strategy settings and I found different promising strategies. Here are a few:
BTCUSD ( BitStamp ) 1 Day Timeframe : EMA, Fast length 25 bars, Slow length 62 bars => 28,792x net profit (default)
BTCUSD ( BitStamp ) 1 Day Timeframe : VWMA, Fast length 21 bars, Slow length 60 bars => 15,603x net profit
BTCUSD ( BitStamp ) 1 Day Timeframe : SMA, Fast length 18 bars, Slow length 51 bars => 19,507x net profit
BTCUSD ( BitStamp ) 1 Day Timeframe : RMA, Fast length 20 bars, Slow length 52 bars => 5,729x net profit
BTCUSD ( BitStamp ) 1 Day Timeframe : WMA, Fast length 29 bars, Slow length 60 bars => 19,869x net profit
Features:
-You can choose your preferred moving average: SMA , EMA , WMA , RMA & VWMA .
-You can change the length average for each moving average
-I made the background color Green when you're currently in a long position and Red when not. I made it so you can see when you'd be actively in a trade or not. The Red and Green background colors can be toggled on/off in order to see other indicators more clearly overlayed in the chart, or if you prefer a cleaner look on your charts.
-I also have a plot of the Fast moving average and Slow moving average together. The Opening moving average is Purple, the Closing moving average is White. White on top is a sign of a potential upswing and purple on top is a sign of a potential downswing. I've made this also able to be toggled on/off.
Let me know if you think I should change anything with my script, I'm always open to constructive criticism so feel free to comment below :)
Mou Value AreasUse in CORRELATION with KEY AREAS - its only CONFIRMATION tool
May ONLY BUY when its GREEN and ONLY SELL when RED
Helps prevent buying the top and selling the bottom.
Good for showing pullbacks during strong trends.
MCL-YG Pair Trading StrategyThis strategy uses Bollinger Band breakouts to detect buy and sell signals on a correlated pair of assets.
Ichimoku Cloud with MACD (By Coinrule)The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
The Ichimoku Cloud was developed by Goichi Hosoda, a Japanese journalist, and published in the late 1960s. It provides more data points than the standard candlestick chart. While it seems complicated at first glance, those familiar with how to read the charts often find it easy to understand with well-defined trading signals.
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
The MACD is a trend following momentum indicator and provides identification of short-term trend direction. In this variation it utilises the 12-period as the fast and 26-period as the slow length EMAs, with signal smoothing set at 9.
This strategy combines the Ichimoku Cloud with the MACD indicator to better enter trades.
Long/Short orders are placed when three basic signals are triggered.
Long Position:
Tenkan-Sen is above the Kijun-Sen
Chikou-Span is above the close of 26 bars ago
Close is above the Kumo Cloud
MACD line crosses over the signal line
Short Position:
Tenkan-Sen is below the Kijun-Sen
Chikou-Span is below the close of 26 bars ago
Close is below the Kumo Cloud
MACD line crosses under the signal line
The script is backtested from 1 June 2022 and provides good returns.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
This script also works well on MATIC (1h timeframe), AVA (45m timeframe), and BTC (30m timeframe).
VXD Cloud Edition for Python-Binance-bots.VXD Cloud Edition for Python-Binance-bots.
to overcome sideways market conditions this cloud configured for low timeframe.
every TA is same as VXD Cloud Edition but custom alert message for bots.
Risk:Reward Calculation
Risk of Ruin Setting can now selected between Fixed $ or %
if Buy your Stoploss will be Swing low
if Sell your Stoploss will be Swing high and can be setting at Pivot Setting
then Auto Position Sizing and TP line will be calculated form there and will show in Orange color line (Draw Position Box is available)
Tailing SL when price greater than RR=1
Alert Setting
{{strategy.order.alert_message}}
Python-Bot
github.com
There are 2 mode : one-way mode and hedge mode is different script in my Github profile.
read README.MD and there's video tutorial in thai language.
Pls study app.py and it's script before deploy for your own safty and your own risk, I'm NOT responsible for your loss.
Short Term RSI and SMA Percentage ChangeThis strategy utilises common indicators like RSI and moving averages in order to enter and exit trades. The Relative Strength Index (RSI) is a momentum indicator that has a value between 0 and 100, where a value greater than 70 is considered overbought and a value less than 30 is oversold. If the RSI value is above or below these values, then it can signal a possible trend reversal.
The second indicator used in this strategy is the Simple Moving Average (SMA). A SMA is an arithmetic moving average calculated by adding recent prices and then dividing that figure by the number of time periods in the calculation average. For example, one could add the closing price of a coin for a number of time periods and then divide this total by that same number of periods. Short-term averages respond quickly to changes in the price of the underlying coin, while long-term averages are slower to react.
Long/Exit orders are placed when three basic signals are triggered.
Long Position:
RSI is greater than 50
MA9 is greater than MA100
MA9 increases by 6%
Exit Position:
Price increases 5% trailing
Price decreases 5% trailing
The script is backtested from 1 May 2022 and provides good returns.
A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
This script also works well on AVAX 45m/1h, MATIC 15m/45m/1h and ETH 4h.
Close v Open Moving Averages Strategy (Variable) [divonn1994]This is a simple moving average based strategy that works well with a few different coin pairings. It takes the moving average 'opening' price and plots it, then takes the moving average 'closing' price and plots it, and then decides to enter a 'long' position or exit it based on whether the two lines have crossed each other. The reasoning is that it 'enters' a position when the average closing price is increasing. This could indicate upwards momentum in prices in the future. It then exits the position when the average closing price is decreasing. This could indicate downwards momentum in prices in the future. This is only speculative, though, but sometimes it can be a very good indicator/strategy to predict future action.
What I've found is that there are a lot of coins that respond very well when the appropriate combination of: 1) type of moving average is chosen (EMA, SMA, RMA, WMA or VWMA) & 2) number of previous bars averaged (typically 10 - 250 bars) are chosen.
Depending on the coin.. each combination of MA and Number of Bars averaged can have completely different levels of success.
Example of Usage:
An example would be that the VWMA works well for BTCUSD (BitStamp), but it has different successfulness based on the time frame. For the 12 hour bar timeframe, with the 66 bar average with the VWMA I found the most success. The next best successful combo I've found is for the 1 Day bar timeframe with the 35 bar average with the VWMA.. They both have a moving average that records about a month, but each have a different successfulness. Below are a few pair combos I think are noticeable because of the net profit, but there are also have a lot of potential coins with different combos:
It's interesting to see the strategy tester change as you change the settings. The below pairs are just some of the most interesting examples I've found, but there might be other combos I haven't even tried on different coin pairs..
Some strategy settings:
BTCUSD (BitStamp) 12 Hr Timeframe : 66 bars, VWMA=> 10,387x net profit
BTCUSD (BitStamp) 1 Day Timeframe : 35 bars, VWMA=> 7,805x net profit
BNBUSD (Binance) 12 Hr Timeframe : 27 bars, VWMA => 15,484x net profit
ETHUSD (BitStamp) 16 Hr Timeframe : 60 bars, SMA => 5,498x net profit
XRPUSD (BitStamp) 16 Hr Timeframe : 33 bars, SMA => 10,178x net profit
I only chose these coin/combos because of their insane net profit factors. There are far more coins with lower net profits but more reliable trade histories.
Also, usually when I want to see which of these strategies might work for a coin pairing I will check between the different Moving Average types, for example the EMA or the SMA, then I also check between the moving average lengths (the number of bars calculated) to see which is most profitable over time.
Features:
-You can choose your preferred moving average: SMA, EMA, WMA, RMA & VWMA.
-You can also adjust the previous number of calculated bars for each moving average.
-I made the background color Green when you're currently in a long position and Red when not. I made it so you can see when you'd be actively in a trade or not. The Red and Green background colors can be toggled on/off in order to see other indicators more clearly overlayed in the chart, or if you prefer a cleaner look on your charts.
-I also have a plot of the Open moving average and Close moving average together. The Opening moving average is Purple, the Closing moving average is White. White on top is a sign of a potential upswing and purple on top is a sign of a potential downswing. I've made this also able to be toggled on/off.
Please, comment interesting pairs below that you've found for everyone :) thank you!
I will post more pairs with my favorite settings as well. I'll also be considering the quality of the trades.. for example: net profit, total trades, percent profitable, profit factor, trade window and max drawdown.
*if anyone can figure out how to change the date range, I woul really appreciate the help. It confuses me -_- *
Stochastic Rsi+Ema - Auto Buy Scalper Scirpt v.0.3Simple concept for a scalping script, written for 5 minute candles, optimized for BTC.
1st script I've created from scratch, somewhat from scratch. Also part of the goal of this one is to hold coin as often as possible, whenever it's sideways or not dropping significantly.
Designed to buy on the stochastic bottoms (K>D and rising, and <17)
Then and sell after 1 of 3 conditions;
a. After the price goes back up at least 1 % and then 1-2 period ema reversal
b. After the rsi reversal (is dropping) and K<D Flip
c. Stop loss at -1.5%
MAConverging + QQE Threshold This trading script is a trading strategy that is made up of 2 public indicators so credit goes to LuxAlgo and Jose5770. I have the 2 indicators listed below.
1) Moving Average Converging (LuxAlgo)
2) QQE Threshold (Jose5770)
This trading strategy is buying when the two indicators align, and then the take profit is the first red bar on the QQE Threshold histogram. It is not a set risk reward but instead a variable take profit strategy. I have the rules of the strategy listed below in order of how it works.
Long Position :
1. Wait for Moving Average Converging to be green
2. Candlestick is green from the QQE Threshold indicator
3. QQE Threshold histogram is green as well, then it enters the trade once we have these criteria met.
Take profit is the first red bar on the QQE Threshold histogram that appears and the trade will close.
Short Position :
1. Wait for Moving Average Converging to be red
2. Candlestick is red from the QQE Threshold indicator
3. QQE Threshold histogram is red as well, then it enters the trade once we have these criteria met.
Take profit is the first green bar on the QQE Threshold histogram that appears and the trade will close.
I hope everyone enjoys!
PlanB Quant Investing 101 v2This script has been Inspired by PlanB Article Quant Investing 101.
With this script, I implemented Plan B strategy outlined in that article, trying to reproduce his findings independently and allowing TradeView Users to do the same.
PlabB is aware of this effort, and he's positive about it, via Twitter commenting, liking and sharing of this resource .
Trading Idea:
This script uses RSI index to determine the Buy And Sell signal.
As per the original PlanB article:
IF ( RSI was above 90% last six months AND drops below 65%) THEN sell,
IF ( RSI was below 50% last six months AND jumps +2% from the low) THEN buy, ELSE hold
My simple code is aimed at replicating his study in Pine so that every TV user can check his signal.
The Impeccable by zyberalThis strategy works differently than others, it uses the IchimokuTenkan, Kijun, and Senkou periods to compute a general sense of market trend. Then I used the MACD fast, slow, and smooth with custom inputs to compute a optimum cross for finding macro bottoms and tops for any asset. This strategy doesn't trade on weekends and does not have a set TP (take profit) for each long or short.
