TFs Double Stochastic Strategy

20 May 2020

The Strategy script uses Stochastic indicators for entering and exiting a position.

How to use
The strategy works with most timeframes and instruments.
I'm also providing a "study" version of this script, which can be used for automation of the strategy via alerts.
The script is using a default commission of 0.075% which reflects Bitmex' Taker-Fees. This is just a default and can be modified in the strategy settings for each instrument individually.

List of parameters

• "Stochastic Length" ... Number of bars for Stochastic indicators
  
• "Stochastic Overbought" ... Stochastic overbought level
  
• "Stochastic Overbought Down Trend" ... Stochastic overbought level for down trends
  
• "Stochastic Oversold Up Trend" ... Stochastic oversold level for up trends
  
• "Stochastic Oversold" ... Stochastic oversold level
  
• "Stochastic Smooth K" ... Stochastic K smoothing
  
• "Stochastic Smooth D" ... Stochastic D smoothing
  
• "MA Filter Enabled" ... Enable an additional filter for entering a position; the entries only follow the overall trend
  
• "Fast Period" ... Fast filter period
  
• "Slow Period" ... Slow filter period
  
• "Backtest ..." ... Backtest timeframe; area outside this timeframe will be grayed out
  

How to access
This strategy is a "Invite Only" script. Please use the link below or send me a message via Tradingview to obtain access to the strategy and study script.
For enabling the script in your Tradingview chart window, click on "Indicators" and select "Invite-Only Scripts".