Fibonacci-Only Strategy This script is a custom trading strategy designed for traders who leverage Fibonacci retracement levels to identify potential trade entries and exits. The strategy is versatile, allowing users to trade across multiple timeframes, with built-in options for dynamic stop loss, trailing stops, and take profit levels. Key Features: Custom...
📝 Description This script demonstrates a new approach to the trailing take profit. Trailing Take Profit is a price-following technique. When used, instead of setting a limit order for the take profit target exiting from your position at the specified price, a stop order is conditionally set when the take profit target is reached. Then, the stop price (a.k.a...
This is a very simple long-only strategy I've used since December 2022 to manage my Bitcoin position. I'm sharing it as an open-source script for other traders to learn from the code and adapt it to their liking if they find the system concept interesting. General Overview Always do your own research and backtesting - this script is not intended to be traded...
Quite recently I came upon a concept of Trailing Take Profit and I couldn't find a PineScript which implements it for the fastest possible execution, so here it is :) Everybody knows Trailing StopLoss - an invisible mechanism follows the price and exits the trade once the price retreats too much from its recent most extended favourable value. Trailing TakeProfit...
In today's trading landscape, traders need precision and deep analytical tools to navigate the sea of strategies. The Bonsai Backtester is one such tool, meticulously designed to evaluate multiple trading strategies in an integrated manner. ═════════════════════════════════════════════════════════════════════════ 🌳 Bonsai BX 🌳 Universal Strategy Testing 📘 ...
The new "Pure Morning 2.0 - Candlestick Pattern Doji Strategy" is a trend-following, intraday cryptocurrency trading system authored by devil_machine. The system identifies Doji and Morning Doji Star candlestick formations above the EMA60 as entry points for long trades. For best results we recommend to use on 15-minute, 30-minute, or 1-hour timeframes, and are...
The Bollinger Bands - Breakout Strategy is a trend-following optimized for short-term trading in the crypto market. This strategy employs the Bollinger Bands, a widely recognized technical indicator, as its primary instrument for pinpointing potential trades. It is capable of executing both long and short positions, depending on whether the market is in a spot or...
An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average...
This is an example snippet that should allow for adding a trailing stop and trailing stop activation to almost any script. You can use it by setting a trailing stop alone. This will provide you standard trailing stop functionality allowing you to lock in profits and increase your stop-loss as the price moves in your direction. You can also set the trailing stop...
Kent Strat PRO trades breakouts using Bollinger Bands together with SuperTrend. PRO features: - 3commas bot alerts for long/short bots - Custom JSON bots alerts Features: - Risk/reward ratio parameter - Longs, shorts and combined positions. - Breakout settings - Trailing SL, trailing TP - Use of latest candles to place the SL using a lookback parameter (how many...
Kent Strat trades breakouts using Bollinger Bands together with SuperTrend. Features: - Risk/reward ratio parameter - Longs, shorts and combined positions. - Breakout settings - Trailing SL, trailing TP - Use of latest candles to place the SL using a lookback parameter (how many candles to look back for a low/high price) - Select your SL between the ATR trendline...
This simple Fast/Slow EMA cross strategy is designed to be used with Alertatron to place limit orders and use a trailing stop/take profit. Features: Indicators when the fast EMA crosses the slow EMA Trailing Stop/Take Profit Bar look back for placing limit order Macro EMA filter to only trade with the macro trend
Strategy for crypto market, designed for automatic algorithmic trading with bots. Can place long and short orders Calculates your entries based on the breakout of the simple deviation of the linear regression of the last X periods. Configures TP (green line) and SL (red line) percentages, the TP is a trailing TP. Optionally, you can set a first TP (white line)...
💭 Overview 💢 What is the "Template Trailing Strategy” ❓ The "Template Trailing Strategy" (TTS) is a back-tester orchestration framework. It supercharges the implementation-test-evaluation lifecycle of new trading strategies, by making it possible to plug in your own trading idea. While TTS offers a vast number of configuration settings, it primarily allows...
This script demonstrates how to do trailing sell. With this approach, given an exit signal, instead of selling directly, you just follow the price upwards (for long positions) and you sell when the price decreases by a small percentage. The order will be executed when the next bar is closed. This approach may increase the profits (slightly) in some strategies!...
This script demonstrates how to do trailing buy. With this approach, given an entry signal, instead of buying directly, you just follow the price downwards (for long positions) and you buy when the price increases by a small percentage. The order will be executed when the next bar is closed. This approach may increase the profits (slightly) in some strategies!...
Sapere Aude Strategy Trend based scalping strategy, to work on lower timeframes (15Minute - 1 Hour) Calculations on ATR, strategy uses extra conditions to help filter out bad trades. How to use the strategy? Simple as when green line shows below, that can be either a good entry point or a signal to start building limit orders on the plot. I use the ATR as a...
This script demonstrate how to make a Training Stop Loss to "ride the wave". In comparison to classic Stop Loss this strategy follows the price upwards (for long positions) and when price drops by a fixed percentage then you exit your position.