I've seen several youtubers using 2 RSI's on top of one another to filter trades for their strategies. I figured I would just code it up as an all-in-one indicator for people who have the basic package. This way they have an extra slot for another indicator if they need one and also for convenience.
Longs only when RSI 1 is above RSI 2 and shorts only when...
MACD Divergence + Multi Time Frame EMA
This Strategy uses 3 indicators: the Macd and two emas in different time frames
The configuration of the strategy is:
Macd standar configuration (12, 26, 9) in 1H resolution
10 periods ema, in 1H resolution
5 periods ema, in 15 minutes resolution
We use the two emas to filter for long and short positions.
If 15 minutes ema...
The core idea of this grid tool is that you have to concentrate less on the trade entries (this happens automatically time-independent but price-dependant) but rather on the validity of the macro trend. Exiting a trend when it is no longer valid is more important than entering a trade. But as long as the trend is valid, the trader participates exponentially in the...
The purpose of this strategy is to make the signals from my scripts available for verification by backtests. Different signal and filter combinations can be created and specific manual parameter optimization can be carried out.
In detail, this strategy includes:
23 entry signals
two entry filters with each 9 filters
two exit filters with each 9 filters
This is an indicator designed to follow trends on the 15m/30m/1h Timeframe. It works best if you can recognise a larger trend into a direction and combining it then with for example longing the dip. Escpecially for crypto assets this can be used for scalping and if paired with S&R can be an especially powerful tool if paired correctly. Like it is shown here.