𝙳𝚒𝚙 𝙷𝚞𝚗𝚝𝚎𝚛 𝙰𝚕𝚐𝚘 [1.0] by Kazo_

5 Eyl 2024

Firsly, Huge Thank's to Celestial Eye for his RSI code used as filter in this dip hunter

Dip Hunter Algo [1.0] by Kazo_

The Dip Hunter Algo [1.0] is a versatile trading tool designed to enhance your decision-making process by offering signals based on a combination of advanced technical indicators. This algorithm provides customizable buy and sell signals, which are filtered through different strategies, making it adaptable to various market conditions.

Key Features:

Long Strategy 1:

This section utilizes a blend of moving averages and volatility-based indicators, focusing on identifying potential dip-buying opportunities. The algorithm calculates a dynamic range to assess when the price may be oversold, indicating a potential bullish reversal.

Short Strategy 1:

The short strategy detects potential market reversals by using classic momentum-based signals. Combined with Bollinger Bands, this strategy aims to capture price movements where the market may be overbought, providing sell signals at appropriate moments.

Long/Short Strategy 2:

An additional layer of analysis is incorporated using a custom methodology to track price movements relative to a key moving average. This is complemented by an array of conditions that gauge whether the asset is in a strong or weak position.

RSI Filter:

The algorithm includes a Relative Strength Index (RSI) filter, enabling users to refine signals based on market momentum. This feature offers additional control by allowing users to customize RSI levels and even integrate a moving average to smooth out the indicator.

Signal Filters and Customization:

Users can activate or deactivate various filters and signal conditions, making the algo highly adaptable to different trading styles. Whether you prefer a more aggressive or conservative approach, the Dip Hunter Algo offers flexibility.

Smoothed EMA:

The algorithm enhances its key levels by integrating a smoothed exponential moving average (EMA) filter. This helps to reduce noise and provide a clearer view of price action trends, improving signal accuracy.

Visual Indicators:

Clear buy and sell signals are displayed directly on the chart, helping traders identify key entry and exit points without ambiguity.
The algorithm plots both strong and weak signals for buying and selling, allowing you to differentiate between varying levels of confidence in each trade opportunity.
Alerts:

Built-in alert system to notify users when specific conditions are met, ensuring that no trading opportunity is missed.

Versatility:

This algorithm is built to cater to traders who seek precision without being overwhelmed by complexity. The combination of strategies provides a well-rounded approach to identifying both bullish and bearish setups, allowing users to adjust it to their personal preferences.

19 Eki 2024

Sürüm Notları

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