Doncian Channels is a trend tracking indicator developed by Richard Doncian. The upper line of the channel is determined by the highest value seen by the price in the defined period, the lower line of the channel is determined by the lowest value seen by the price in the defined period. The middle line takes the average value of the lower and upper channels. ...
This is a trend-following strategy that works very well for many Crypto assets in the usd or usdt pair It can be used for both futures and spot! Some of the assets in which this strategy is proven are Asset Exchange TF BINANCE:ADAUSDT Binance 45m BINANCE:BTCUSDT Binance 1h BINANCE:YFIUSDT Binance 30m ...
Using the crossings of two Moving Averages to trade in a trading strategy is a Trend-Following approach. As the name would suggest, to be successful, it requires the asset to be on-trend. The general limit of a common strategy based on Moving Averages is that they underperform when the market is less volatile or trading sideways. When volatility compresses, the...
™TradeChartist Donchian Channels Breakout Strategy is the strategy backtester version of ™TradeChartist Donchian Channels Breakout Filter . =================================================================================================================== Features of ™TradeChartist Donchian Channels Breakout Strategy...
According to classical technical analysis, an RSI above 70 should signal overbought conditions and, thus, a sell-signal. Cryptocurrencies represent a whole new asset class, and they reshape the classical concepts of technical analysis. FOMO-buying can be very powerful, and coins can remain in overbought conditions enough to provide excellent opportunities for...
Another version of buy-high sell-low strategy. This time using pivot points. Strategy is simple: Buy when price closes above R1 of pivot point level Sell when price closes below S2 of pivot point level. Use Resolution parameter to define pivot points. Higher the resolution, longer the trade time will be. If resolution is set to same as symbol,...
This strategy follows the trend and keeps you in the trend until it breaks SMA 200 SMA setting is 200 BB setting is 21 BUY ==== when BB is (lower band and upper band) above SMA 200 and price crossing above BB middle line Partial Exit ========== When Lower BB crossing down SMA200 , exit 30% Total Exit ========= When BB middle band crosses down...
This is simple strategy based on Aroon Oscillator. I have found that using length 144 or 169 on hourly chart shows excellent results. Tested on SPY , QQQ and AAPL. Especially when you look at AAPL results , it has 60% profitable in recent trades. ( Dont assume this will be same for other stocks or ETFs) Aroon Oscillator setting : 169 ( ...
For Educational Purposes. Results can differ on different markets and can fail at any time. Profit is not guaranteed. This only works in a few markets and in certain situations. Changing the settings can give better or worse results for other markets. This is a longer term trend following strategy that uses Donchian Channels for trend following and uses the upper...
This is trend following strategy ... when price is trading well above 200 ema and forms a triangle (based on number of bars defined) BUY ==== when fast ema > 200 ema check for triangle of last N bars (default set to 9) EXIT ====== when fast ema crosses down middle term ema if price reaches above 5% of buy , it changes the color to purple. You can...
The reversal closing price (RCP) is a candlestick pattern which follows two simples rules: the low price of current candle needs to be lower than the low price of the last 2 candles the closing price of current candle needes to be higher than the closing price of the last candle This generates a signal for a long position. For a short position, the...
Trend Following Indicator is for following trend and being in trend till trend is not changed. Each Bullish and Bearish signal you can add one more future or option lot and be in trade till bearish signal is not coming. You can close Long trade i.e. Bullish pyramiding trade when you see there is small red arrows are there and similarly when you are in Short...
How it work ? Work like normal MACD because this is MACD without any modify but i add color of candlestick and strategy. The color meaning : Green= macd > signal and macd>0 (Buy) Red= macd < signal and macd<0 (Sell) Yellow= macd > signal and macd<0 (Maybe reversal point) Blue= macd < signal and macd>0 (Maybe reversal point) Feature - Back test range -...
This strategy goes long when highs are broken and uses a trailing stop that follows swing lows. User can configure a back test date range and choose whether or not to only take trades above a selected moving average. The desire for me to make this script was to try to capture those extreme breakouts that can occur after a consolidation/equilibrium pattern. This...
This strategy takes the ADX Indicator I wrote and applies it to a strategy for back testing purposes. I've also applied a date filter so you can back test specific date ranges and a moving average filter so you can choose whether to filter your longs/shorts based on a moving average.
Improved version of my Squeeze Momentum Strategy. Changes: Possible to change source: ohlc4, hl2, hlc3, close Enter your stop loss and take profit in %, NOT ticks Working and robust even without take profit / stop loss Yearly drawdown lower than 20% Backtesting Backtested on BTCPERP (FTX). It shows much better results on 1h timeframe (about...
Just a simple strategy based on dynamic zones by Allenster. Still a work in progress.
This script works on all market types. This script will show you when to long, short, exit (stop loss) and Take profit. Signals take into account various elements such as momentum, volume , moving averages and long term trend analysis. Stop loss function is included to show you when a signal is invalidated. Use this strategy strictly, patiently and with...