POALibrary "POA"
This library is a client script for making a webhook signal formatted string to POABOT server.
entry_message(password, percent, leverage, kis_number)
Create a entry message for POABOT
Parameters:
password : (string) The password of your bot.
percent : (float) The percent for entry based on your wallet balance.
leverage : (int) The leverage of entry. If not set, your levereage doesn't change.
kis_number : (int) The number of koreainvestment account.
Returns: (string) A json formatted string for webhook message.
close_message(password, percent, kis_number)
Create a close message for POABOT
Parameters:
password : (string) The password of your bot.
percent : (float) The percent for close based on your wallet balance.
kis_number : (int) The number of koreainvestment account.
Returns: (string) A json formatted string for webhook message.
exit_message(password, percent)
Create a exit message for POABOT
Parameters:
password : (string) The password of your bot.
percent : (float) The percent for exit based on your wallet balance.
Returns: (string) A json formatted string for webhook message.
in_trade(start_time, end_time)
Create a trade start line
Parameters:
start_time : (int) The start of time.
end_time : (int) The end of time.
Returns: (bool) Get bool for trade based on time range.
Komut dosyalarını "bot" için ara
Cipher_B (Finandy support)In this version of the script you can force to cancel your position after some amount of time indepedently on price action. For example, your bot open a short position with SL=1% and TP=2.4% but price did not reach any of this level over the course of to say 8 hours. In this case, position will be closed regardless of the price.
Other interesting features are volume and slope filters. Slope is essentially a derivative of price action. If you don't like to buy your instrument under high volatility, for example, if a trend goes down too fast then you can filter long position which could be opened according to the strategy. Same thing for volume filter. If the volume is too high/too low, you might want to escape such setup in your trading strategy.
Moreover, you can tune price shift for opening position. To say, if you believe that the signal for opening position comes too early everytime, you can force the strategy to buy at 1% lower price than the current price when the signal comes. Similar logic for short: open position price will be always higher than the price of the signal. If the price did not reach such level then position will be automatically cancel with a new signal arrival. Check the backtesting results to understand better the logic.
Ultimate Strategy Template (Advanced Edition)Hello traders
This script is an upgraded version of that one below
New features
- Upgraded to Pinescript version 5
- Added the exit SL/TP now in real-time
- Added text fields for the alerts - easier to send the commands to your trading bots
Step 1: Create your connector
Adapt your indicator with only 2 lines of code and then connect it to this strategy template.
For doing so:
1) Find in your indicator where are the conditions printing the long/buy and short/sell signals.
2) Create an additional plot as below
I'm giving an example with a Two moving averages cross.
Please replicate the same methodology for your indicator wether it's a MACD , ZigZag , Pivots , higher-highs, lower-lows or whatever indicator with clear buy and sell conditions.
//@version=5
indicator(title='Moving Average Cross', shorttitle='Moving Average Cross', overlay=true, precision=6, max_labels_count=500, max_lines_count=500)
type_ma1 = input.string(title='MA1 type', defval='SMA', options= )
length_ma1 = input(10, title=' MA1 length')
type_ma2 = input.string(title='MA2 type', defval='SMA', options= )
length_ma2 = input(100, title=' MA2 length')
// MA
f_ma(smoothing, src, length) =>
rma_1 = ta.rma(src, length)
sma_1 = ta.sma(src, length)
ema_1 = ta.ema(src, length)
iff_1 = smoothing == 'EMA' ? ema_1 : src
iff_2 = smoothing == 'SMA' ? sma_1 : iff_1
smoothing == 'RMA' ? rma_1 : iff_2
MA1 = f_ma(type_ma1, close, length_ma1)
MA2 = f_ma(type_ma2, close, length_ma2)
// buy and sell conditions
buy = ta.crossover(MA1, MA2)
sell = ta.crossunder(MA1, MA2)
plot(MA1, color=color.new(color.green, 0), title='Plot MA1', linewidth=3)
plot(MA2, color=color.new(color.red, 0), title='Plot MA2', linewidth=3)
plotshape(buy, title='LONG SIGNAL', style=shape.circle, location=location.belowbar, color=color.new(color.green, 0), size=size.normal)
plotshape(sell, title='SHORT SIGNAL', style=shape.circle, location=location.abovebar, color=color.new(color.red, 0), size=size.normal)
/////////////////////////// SIGNAL FOR STRATEGY /////////////////////////
Signal = buy ? 1 : sell ? -1 : 0
plot(Signal, title='🔌Connector🔌', display = display.data_window)
Basically, I identified my buy, sell conditions in the code and added this at the bottom of my indicator code
Signal = buy ? 1 : sell ? -1 : 0
plot(Signal, title="🔌Connector🔌", transp=100)
Important Notes
🔥 The Strategy Template expects the value to be exactly 1 for the bullish signal, and -1 for the bearish signal
Now you can connect your indicator to the Strategy Template using the method below or that one
Step 2: Connect the connector
1) Add your updated indicator to a TradingView chart
2) Add the Strategy Template as well to the SAME chart
3) Open the Strategy Template settings and in the Data Source field select your 🔌Connector🔌 (which comes from your indicator)
From then, you should start seeing the signals and plenty of other stuff on your chart
🔥 Note that whenever you'll update your indicator values, the strategy statistics and visual on your chart will update in real-time
Settings
- Color Candles: Color the candles based on the trade state ( bullish , bearish , neutral)
- Close positions at market at the end of each session: useful for everything but cryptocurrencies
- Session time ranges: Take the signals from a starting time to an ending time
- Close Direction: Choose to close only the longs, shorts, or both
- Date Filter: Take the signals from a starting date to an ending date
- Set the maximum losing streak length with an input
- Set the maximum winning streak length with an input
- Set the maximum consecutive days with a loss
- Set the maximum drawdown (in % of strategy equity)
- Set the maximum intraday loss in percentage
- Limit the number of trades per day
- Limit the number of trades per week
- Stop-loss: None or Percentage or Trailing Stop Percentage or ATR - I'll add shortly multiple options for the trailing stop loss
- Take-Profit: None or Percentage or ATR - I'll add also a trailing take profit
- Risk-Reward based on ATR multiple for the Stop-Loss and Take-Profit
Special Thanks
Special thanks to @JosKodify as I borrowed a few risk management snippets from his website: kodify.net
Best
Dave
iMoku (Ichimoku Complete Tool) - The Quant Science iMoku™ is a professional all-in-one solution for the famous Ichimoku Kinko Hyo indicator.
The algorithm includes:
1. Backtesting spot
2. Visual tool
3. Auto-trading functions
With iMoku you can test four different strategies.
Strategy 1: Cross Tenkan Sen - Kijun Sen
A long position is opened with 100% of the invested capital ($1000) when "Tenkan Sen" crossover "Kijun Sen".
Closing the long position on the opposite condition.
There are 3 different strength signals for this strategy: weak, normal, strong.
Weak : the signal is weak when the condition is true and the price is above the 'Kumo'
Normal : the signal is normal when the condition is true and the price is within the 'Kumo'
Strong : the signal is strong when the condition is true and the price is below the 'Kumo'
Strategy 2: Cross Price - Kijun Sen
A long position is opened with 100% of the invested capital ($1000) when the price crossover the 'Kijun Sen'.
Closing the long position on the opposite condition.
There are 3 different strength signals for this strategy: weak, normal, strong.
Weak : the signal is weak when the condition is true and the price is above the 'Kumo'
Normal : the signal is normal when the condition is true and the price is inside the 'Kumo'
Strong : the signal is strong when the condition is true and the price is below the 'Kumo'
Strategy 3: Kumo Breakout
A long position is opened with 100% of the invested capital ($1000) when the price breakup the 'Kumo'.
Closing the long position with a percentage stop loss and take profit on the invested capital.
Strategy 4: Kumo Twist
A long position is opened with 100% of the invested capital ($1000) when the 'Kumo' goes from negative to positive (called "Twist").
Closing the long position on the opposite condition.
There are 2 different strength signals for this strategy: weak, and strong.
Weak : the signal is weak when the condition is true and the price is above the 'Kumo'
Strong : the signal is strong when the condition is true and the price is below the 'Kumo'
This script is compliant with algorithmic trading.
You can use this script with trading terminals such as 3Commas or CryptoHopper. Connecting this script is very easy.
1. Enter the user interface
2. Select and activate a strategy
3. Copy your bot's links into the dedicated fields
4. Create and activate alert
Disclaimer: algorithmic trading involves risk, the user should consider aspects such as slippage, liquidity and costs when evaluating an asset. The Quant Science is not responsible for any kind of damage resulting from use of this script. By using this script you take all the responsibilities and risks.
EMA RSI Strategy
Simple strategy
=============
If the last two closes are in ascending order, the rsi is below 50 and ascending, and the current candle is above 200 ema, then LONG. If the last two closes are in descending order, the rsi is above 50 and descending, and the current candle is below 200 ema, then SHORT.
LONG Exit strategy:
ATR: Last 14 day
Lowest: The lowest value of the last 14 candles
Limit points = (Trade Price - Lowest + ATR) * 100000
trail_points : Limit/2
trail_offset = Limit/2
SHORT Exit strategy:
ATR: Last 14 day
Highest: The higher value of the last 14 candles
Limit points = (Trade Price - Highest + ATR) * 100000
trail_points : Limit/2
trail_offset = Limit/2
Backtest results for the AUDUSD pair gave positive results over the last three months.
I am testing this strategy using a python bot in a real environment this week and will update the results at the end of the week.
Disclaimer
This is not financial advice. You should seek independent advice to check how the strategy information relates to your unique circumstances.
We are not liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly by this strategy.
SuperTrend Multi Time Frame Long and Short Trading Strategy
Hello All
This is non-repainting Supertrend Multi Time Frame script, I got so many request on Supertrend with Multi Time Frame. This is for all of them ..I am making it open for all so you can change its coding according to your need.
How the Basic Indicator works
SuperTrend is one of the most common ATR based trailing stop indicators.
In this version you can change the ATR calculation method from the settings. Default method is RMA.
The indicator is easy to use and gives an accurate reading about an ongoing trend. It is constructed with two parameters, namely period and multiplier. The default values used while constructing a Supertrend indicator are 10 for average true range or trading period and three for its multiplier.
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility .
The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price. A buy signal is generated when the ‘Supertrend’ closes above the price and a sell signal is generated when it closes below the closing price.
It also suggests that the trend is shifting from descending mode to ascending mode. Contrary to this, when a ‘Supertrend’ closes above the price, it generates a sell signal as the colour of the indicator changes into red.
A ‘Supertrend’ indicator can be used on spot, futures, options or forex, or even crypto markets and also on daily, weekly and hourly charts as well, but generally, it fails in a sideways-moving market.
How the Strategy works
This is developed based on SuperTrend.
Use two time frame for confirm all entry signals.
Two time frame SuperTrend works as Trailing stop for both long and short positions.
More securely execute orders, because it is wait until confine two time frames(example : daily and 30min)
Each time frame developed as customisable for user to any timeframe.
User can choose trading position side from Long, Short, and Both.
Custom Stop Loss level, user can enter Stop Loss percentage based on timeframe using.
Multiple Take Profit levels with customisable TP price percentage and position size.
Back-testing with custom time frame.
This strategy is develop for specially for automation purpose.
The strategy includes:
Entry for Long and Short.
Take Profit.
Stop Loss.
Trailing Stop Loss.
Position Size.
Exit Signal.
Risk Management Feature.
Backtesting.
Trading Alerts.
Use the strategy with alerts
This strategy is alert-ready. All you have to do is:
Go on a pair you would like to trade
Create an alert
Select the strategy as a Trigger
Wait for new orders to be sent to you
This is develop for specially for automating trading on any exchange, if you need to get that automating service for this strategy or any Tradingview strategy or indicator please contact me I am have 8 year experience on that field.
I hope you enjoy it!
Thanks,
Ranga
Trailing Stop SnippetThis 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 activation to trigger the original trailing stop at a certain level. "Once price rises 5%, set a trailing stop at break even". This would be set as 5 and 5 in the settings.
Crypto BTC Correlation Scalper Gaps StrategyThis strategy is based on the gaps theory.
In this case we have the BTC futures from CME, which acts in a way similar to stocks, and we can have gaps present between close/open session, and also sometimes between same candle due to huge movements intra candle.
At the same time I have combined this with a daily moving average, to help out a bit with the trend, since we are looking at small timeframe like 1-15/30min .
On top of that we have a reverse option, where long = short and viceversa, which can be used with against BTC pairs .
Rule are simple:
For long, we have a long gap and the close of the correlated candle is above daily sma
For short, we have a short gap and the close of the correlated candle is below daily sma
For exit:
For exit, we take the highest highest values for short entry TP, meaning we get the different from the HH and rest the current open candle distance, and use that distance as a TP.
At the same time for long entry, we take the lowest low value and rest current close of the candle to that value, and we get the TP.
Can also be applied this logic for SL aswell but from the test I have found out that exiting based on a reverse condition(when tp is not being hit), gives better results/dd overall.
If you have any questions, please let me know !
FrostyBotLibrary "FrostyBot"
JSON Alert Builder for FrostyBot.js Binance Futures and FTX orders
github.com
More Complete Version Soon.
TODO: Comment Functions and annotations from command reference ^^
TODO: Add additional whitelist and symbol mappings.
leverage()
buy()
sell()
cancelall()
closelong()
closeshort()
traillong()
trailshort()
long()
short()
takeprofit()
stoploss()
Volatility Stop with Vwap StrategyFirst the credits goes to @TradingView for their release of the volatility stop mtf indicator.
I have took it, and inside I have added a weekly vwap for a better trend direction and at the same time I have added a dynamic risk managment which is calculated from the distance between the volatility line to the close of the candle.
The rules for entry are simple:
For long:We enter when our close of the candle is above the volatility stop line and at the same time the close of the candle is above weekly vwap
For short we enter when our close of the candle is below the volatility stop line and at the same time the close of the candle is below weekly vwap.
We exit when we either have a reverse signal than the one we enterred, or based on the TP/SL which is calculated with the distance from vwap to the close of the candle.
If you have any questions please let me know !
Ultra Moving Average Rating Trend StrategyThis is a technical analysis strategy based initially on the rating strategy, but fully adapted and converted to moving average rating.
In this case we are using: Ichimoku, SMA, EMA, ALMA, SMMA, LSMA, VWMA, DEMA, HMA, KAMA FRAMA, VIDYA, JMA, TEMA, ZLEMA, TRIMA and T3 moving averages.
With all of them together I am making an index.
Rules for entry and exit:
If % percentage of all the moving averages is telling to go long , we go long or exit short. And viceversa for short.
If there are any questions, please let me know !
DB KCBB%D Wave SignalsDB KCBB%D Wave Signals
What does the indicator do?
This indicator is a version of my DB KCBB%D indicator updated with signal detection. It results from weeks of analysis of the KCBB%D waves for patterns. I'm releasing it publicly to help those who like the KCBB%D indicator but desire a version with signals built into it.
The indicator plots the percent difference between the low and high prices against a combined Kelpler Channel Bollinger Bands for the current timeframe. The low percent difference and the high percent difference each have their own waves plotted. A mirror mode default allows both waves to be visualized in a mirrored plot that clearly shows when outer bands are present and when they swap. Each percent difference band is displayed with a 1 bar lookback to visualize local tops/bottoms.
The overall trend is displayed using two sets of green/red colors on the percent difference waves so that each wave is recognizable, but the overall price trend is visible. A fast 3 SMA is taken of each percent difference wave to obtain the overall trend and then averaged together. The trend is then calculated based on direction from the previous bar period.
How should this indicator be used?
By default, the indicator will display in a mirror mode which will display both the low and high percent change waves mirrored to allow for the most pattern recognition possible. You will notice the percent difference waves swap from inner to outer, showing the overall market direction for that timeframe. When each percent difference wave interacts with the zero line, it indicates either buys or sells opportunities depending on which band is on the inside. When the inner wave crosses zero, special attention should be paid to the outer wave to know if it's a significant move. Likewise, when the outer wave peaks, it can indicate buy or sell opportunities depending on which wave is on the outside.
A zero line and other lines are displayed from the highest of the high percent difference wave over a long period of time. The lines can measure movement and possible oversold/overbought locations or large volatility . You can also use the lines for crossing points for either wave as alerts to know when to buy or sell zones are happening.
When individual percent difference waves are designed to be reviewed without mirroring, the mirror checkbox can be unchecked in the settings. Doing so will display both the high and low percent difference waves separately. Using this display, you can more cleanly review how each wave interacts with various line levels.
For those who desire to only have half of the mirror or one set of waves inverted against each other, check the "mirrored" and the "mirrored flipped" checkboxes in the settings. Doing so will display the top half of the mirror indicator, which is the low percent difference wave with the high percent difference wave inverted.
The indicator will also change the background color of its own pane to indicate possible buy/sell periods (work in progress).
Does the indicator include any alerts?
Yes, they are a work in progress but starting out with this release, we have:
NOTE: This is an initial release version of this indicator. Please do not use these alerts with bots yet, as they will repaint in real-time.
NOTE: A later release may happen that will delay firing the events until 1/2 of the current bar time has passed.
NOTE: As with any indicator, watch your upper timeframe waves first before zooming into lower.
DB KCBB%D Buy Signal
DB KCBB%D Buy Warning Signal
DB KCBB%D Sell Signal
DB KCBB%D Sell Warning Signal
DB KCBB%D Death Cross Sell Signal
DB KCBB%D Trend Up Alert
DB KCBB%D Trend Down Alert
Use at your own risk and do your own diligence.
Enjoy!
Stock Gaps SPY Correlation StrategyThis is daytrade stock strategy, designed to take the best out of the daily gaps that are forming between the close of previous day and opening of present day.
At the same time its logic has been adapted for SPY chart, in order to use correlation with the other stocks/assets/ etf which are linked with SP500 movement.
Lastly it has been added 2 new confirmation logics, based on the USI: advance/decline chart and percentage above vwap among all US stocks.
The rules for entry are simple :
We are at the opening daily candle, we have a long/short gap based on where the opening is happening and at the same time we are checking to see that the current different between the current difference between low and previous high (or viceversa) is higher than an established parameter(minimal deviation )
For exit, we exit based on time/clock parameter, in this case by default I selected 1h and half before close of the US session.
For testing purposes I have used 10% of the available capital, with a 0.0035$ comission per each share bought ( IBKR comissions)
If there are any questions, please let me know either here or in private !
Heiken Ashi & Super TrendThis is one of my open source 1h strategies
It works on Binance: BTCUSDTPERP charts
This strategy involves two indicators
1. Heiken Ashi - a typical technical indicator to help highlight and clarify the current trend. This somehow allows the chart to ignore unnecessary fluctuations and make the trend more visible.
2.Super Trend - - One of the most common ATR-based indicators, the SuperTrend indicator is useful to help you catch big trends.
Buy entry conditions are as follows.
1. The Super Trend indicator running on the Heiken Ashi chart gives a buy signal.
2. Buy at the current market price and take profit at 1% of the normal k-line at this time.
Take profit
TP - 1%
Stop Loss
None
DB KCBB%D WavesDB KCBB%D Waves
What does the indicator do?
The indicator plots the percent difference between the low and high prices against a combined Kelpler Channel Bollinger Bands for the current timeframe. The low percent difference and the high percent difference each have their own waves plotted. A mirror mode default allows both waves to be visualized in a mirrored plot that clearly shows when outer bands are present and when they swap. Each percent difference band is displayed with a 1 bar lookback to visualize local tops/bottoms.
The overall trend is displayed using two sets of green/red colors on the percent difference waves so that each wave is recognizable, but the overall price trend is visible. A fast 3 SMA is taken of each percent difference wave to obtain the overall trend and then averaged together. The trend is then calculated based on direction from the previous bar period.
How should this indicator be used?
By default, the indicator will display in a mirror mode which will display both the low and high percent change waves mirrored to allow for the most pattern recognition possible. You will notice the percent difference waves swap from inner to outer, showing the overall market direction for that timeframe. When each percent difference wave interacts with the zero line, it indicates either buys or sells opportunities depending on which band is on the inside. When the inner wave crosses zero, special attention should be paid to the outer wave to know if it's a significant move. Likewise, when the outer wave peaks, it can indicate buy or sell opportunities depending on which wave is on the outside.
A zero line and other lines are displayed from the highest of the high percent difference wave over a long period of time. The lines can measure movement and possible oversold/overbought locations or large volatility. You can also use the lines for crossing points for either wave as alerts to know when to buy or sell zones are happening.
When individual percent difference waves are designed to be reviewed without mirroring, the mirror checkbox can be unchecked in the settings. Doing so will display both the high and low percent difference waves separately. Using this display, you can more cleanly review how each wave interacts with various line levels.
For those who desire to only have half of the mirror or one set of waves inverted against each other, check the "mirrored" and the "mirrored flipped" checkboxes in the settings. Doing so will display the top half of the mirror indicator, which is the low percent difference wave with the high percent difference wave inverted.
The indicator will also change the background color of its own pane to indicate possible buy/sell periods (work in progress).
Does the indicator include any alerts?
Yes, they are a work in progress but starting out with this release, we have:
NOTE: This is an initial release version of this indicator. Please do not use these alerts with bots yet, as they will repaint in real-time.
NOTE: A later release may happen that will delay firing the events until 1/2 of the current bar time has passed.
NOTE: As with any indicator watch your upper timeframe waves first before zooming into lower.
DB KCBB%D Buy Zone Alert
DB KCBB%D MEDIUM Buy Alert
DB KCBB%D STRONG Buy Alert
DB KCBB%D Sell Alert
DB KCBB%D STRONG Sell Alert
DB KCBB%D Trend Up Alert
DB KCBB%D Trend Down Alert
Use at your own risk and do your own diligence.
Enjoy!
VXD Cloud Edition for Python-Binance-bots.VXD Cloud Edition for Python-Binance-bots.
to overcome sideways market conditions this cloud configured for low timeframe.
every TA is same as VXD Cloud Edition but custom alert message for bots.
Risk:Reward Calculation
Risk of Ruin Setting can now selected between Fixed $ or %
if Buy your Stoploss will be Swing low
if Sell your Stoploss will be Swing high and can be setting at Pivot Setting
then Auto Position Sizing and TP line will be calculated form there and will show in Orange color line (Draw Position Box is available)
Tailing SL when price greater than RR=1
Alert Setting
{{strategy.order.alert_message}}
Python-Bot
github.com
There are 2 mode : one-way mode and hedge mode is different script in my Github profile.
read README.MD and there's video tutorial in thai language.
Pls study app.py and it's script before deploy for your own safty and your own risk, I'm NOT responsible for your loss.
Stock Tech Bot One ViewTechnical indicators are not limited. Hence, here is another indicator with the combination of OBV, RSI, and MACD along with support, and resistance that follows the price while honoring the moving average of 200, 90 & 50.
The default lookback period of this indicator is 21 though it is changeable as per the user's desire.
The highest high and lowest low for the last 21 days lookback period proven to be the perfect Support & Resistance as the price of particular stock values are decided by market psychology. The support and resistance lines are very important to understand the market psychology which is very well proven with price action patterns and the lines are drawn based on,
Lower Extreme = 0.1 (Changeable)
Maximum Range = 21 days highest high - 21 days lowest low.
Support Line = 21 days lowest low + (Maximum Range * Lower Extreme)
Resistance Line = 21 days highest high - (Maximum Range * Lower Extreme)
RSI - Relative strength indicator is very famous to find the market momentum within the range of 0 - 100. Though the lookback period is changeable, the 14 days lookback period is the perfect match as the momentum of market movement for the last 3 weeks will always assist to identify the market regime. Here the momentum is just to highlight the indication (green up arrow under the candle for long and red down arrow above the candle for short) of market movement though it is not very important to consider if the price of the stock respect the support & resistance lines along with volume indicator (* = violet color).
OBV - Momentum:
The on-balance volume is always going indicator on any kind of tickers, which helps to identify the buying interest. Now, applying momentum on OBV with the positive movement for at least two consecutive days gives perfect confirmation for entry. A combination of the price along with this momentum(OBV) in the chart will help us to know the whipsaw in the price.
The Symbol "*" on top of each bar shows the market interest in that particular stock. If your ticker is fundamentally strong then you can see this "*" even when the market falls.
MACD:
One of the favorites and simple indicators widely used, where the thump of the rule is not to change the length even if it is allowed. It's OK to believe blindly in certain indicator and consider it while trading. That's why the indicator changes the bar color by following the MACD histogram.
Volume:
It may be the OBV works based on the open price and close price along with volume movement, it is wise to have the volume that is plotted along with price movement that should help you to decide whether the market is greedy or fearful.
The symbol "-" on top of each bar tells you a lot and don't ignore it.
Moving Average:
Moving average is a very good trend indicator as everyone considers seeing along with the price in the chart which is not omitted while we gauge the price movement alone with volume in this indicator. The 200, 90 & 50 MA's are everyone's favorite, and the same is plotted on the chart.
As explained above, the combination of all four indicators with price movement will give us very good confidence to take entry.
Candlestick Pattern:
You should admire the techniques of the candlestick pattern as you navigate the chart from right to left. Though there are a lot of patterns that exist, it is easy to enable and disable to view the signal as the label.
Further, last but not least, the exit always depends on individual conviction and how often the individual watch the price movement, if your conviction is strong then follow the down arrow red indication. If not, then exit with a trailing stop that indicates the bar with orange color.
Happy investing
Note: It is just a combination of multiple indicators and patterns to get one holistic view. So, the credit goes to all wise developers who publically published.
Pyramiding Order Volume CalculatorThis is a script to calculate the order volume for the current symbol given your current portfolio value and how many orders you want to place. This is useful when using a strategy that places pyramiding orders and your bot won't automatically divide up your portfolio.
Inverse MACD + DMI Scalping with Volatility Stop (By Coinrule)This script is focused on shorting during downtrends and utilises two strength based indicators to provide confluence that the start of a short-term downtrend has occurred - catching the opportunity as soon as possible.
This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can execute your trades for you. It allows you to hedge your investment by allocating a % of your coins to trade with, whilst not risking your entire holding. This mitigates unrealised losses from hodling as it provides additional cash from the profits made. You can then choose to hodl this cash, or use it to reinvest when the market reaches attractive buying levels.
Alternatively, you can use this when trading contracts on futures markets where there is no need to already own the underlying asset prior to shorting it.
ENTRY
The trading system uses the Momentum Average Convergence Divergence (MACD) indicator and the Directional Movement Index (DMI) indicator to confirm when the best time is for selling. Combining these two indicators prevents trading during uptrends and reduces the likelihood of getting stuck in a market with low volatility.
The MACD is a trend following momentum indicator and provides identification of short-term trend direction. In this variation it utilises the 12-period as the fast and 26-period as the slow length EMAs, with signal smoothing set at 9.
The DMI indicates what way price is trending and compares prior lows and highs with two lines drawn between each - the positive directional movement line (+DI) and the negative directional movement line (-DI). The trend can be interpreted by comparing the two lines and what line is greater. When the negative DMI is greater than the positive DMI, there are more chances that the asset is trading in a sustained downtrend, and vice versa.
The system will enter trades when two conditions are met:
1) The MACD histogram turns bearish.
2) When the negative DMI is greater than the positive DMI.
EXIT
The strategy comes with a fixed take profit combined with a volatility stop, which acts as a trailing stop to adapt to the trend's strength. Depending on your long-term confidence in the asset, you can edit the fixed take profit to be more conservative or aggressive.
The position is closed when:
Take-Profit Exit: +8% price decrease from entry price.
OR
Stop-Loss Exit: Price crosses above the volatility stop.
In general, this approach suits medium to long term strategies. The backtesting for this strategy begins on 1 April 2022 to 18 July 2022 in order to demonstrate its results in a bear market. Back testing it further from the beginning of 2022 onwards further also produces good returns.
Pairs that produce very strong results include SOLUSDT on the 45m timeframe, MATICUSDT on the 2h timeframe, and AVAUSDT on the 1h timeframe. Generally, the back testing suggests that it works best on the 45m/1h timeframe across most pairs.
A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
3ngine Global BoilerplateABOUT THE BOILERPLATE
This strategy is designed to bring consistency to your strategies. It includes a macro EMA filter for filtering out countertrend trades,
an ADX filter to help filter out chop, a session filter to filter out trades outside of desired timeframe, alert messages setup for automation,
laddering in/out of trades (up to 6 rungs), trailing take profit , and beautiful visuals for each entry. There are comments throughout the
strategy that provide further instructions on how to use the boilerplate strategy. This strategy uses `threengine_global_automation_library`
throughout and must be included at the top of the strategy using `import as bot`. This allows you to use dot notation
to access functions in the library - EX: `bot.orderCurrentlyExists(orderID)`.
HOW TO USE THIS STRATEGY
1. Add your inputs
There is a section dedicated for adding your own inputs near the top of the strategy, just above the boilerplate inputs
2. Add your calculations
If your strategy requires calculations, place them in the `Strategy Specific Calculations` section
3. Add your entry criteria
Add your criteria to strategySpecificLongConditions (this gets combined with boilerplate conditions in longConditionsMet)
Add your criteria to strategySpecificShortConditions (this gets combined with boilerplate conditions in shortConditionsMet)
Set your desired entry price (calculated on every bar unless stored as a static variable) to longEntryPrice and shortEntryPrice. ( This will be the FIRST ladder if using laddering capabilities. If you pick 1 for "Ladder In Rungs" this will be the only entry. )
4. Plot anything you want to overlay on the chart in addition to the boilerplate plots and labels. Included in boilerplate:
Average entry price
Stop loss
Trailing stop
Profit target
Ladder rungs
Joker Trailing TP BotTrailing Take Profit is used by the traders to increase their gains when the prices moves in a favorable direction. Let’s have a look at what is Trailing Take Profit and how it works.
What Is a Trailing Take Profit?
Trailing Take Profit is a term largely used in crypto, whereas you may encounter the term Trailing Stop in traditional trading describing almost the same thing, So what’s the difference between Trailing Take Profit and Trailing Stop? Trailing Stop is a type of Stop Loss automatically moving in the same direction as the asset’s price. Trailing Take Profit is nothing else than Trailing Stop activated after initial Take Profit is reached.
The main difference between these two is that Trailing Take Profit takes the profit in any case (altough it might be later annihilated by Trailing Stop). Thus, Trailing Take Profit reduces the risks that might’ve occurred using Trailing Stop alone. Trailing Take Profit is bound to the maximum of Take Profit price instead of just a price increase/decrease.
As you might notice, the terms Trailing Take Profit and Stop Loss are quite similar. To avoid confusion, in this article we will be talking about Trailing Take Profit as defined above.
Trailing Take Profit only moves in one direction. It is designed to lock in profit and limit losses. The trailing profit only moves up (in case of a long strategy) once the price has surpassed previous high and a new high has been established. If the trailing take profit moves up, it cannot move back down, thus securing the profit and preventing losses.
Trailing Take Profit allows the trade to remain open and continue to profit as long as the price is moving in the investor’s favor. If the price changes direction and the change surpasses the previously set percentage the order will be closed.
How Does it Work?
For example if you buy BTC at the price of 10000, if you set a Take Profit at 11000 and a Trailing Take Profit at 5% :
If the price goes up to 10500, nothing happens because the Take Profit at 11000 has not been reached.
Then if the BTC price goes up top 11000, a Stop Order at 10450 will be set.
Then if the BTC price goes down to 10500, the Stop Order stays at 104500.
Then if the BTC price goes up to 12000, the Stop Order moves to 11400.
Then if the BTC price goes down to 11000, the Stop Order at 11400 is executed.
You see that without Trailing Take Profit, the buy order would have been sold at 11000. Thus, a trader would miss an earning opportunity at 11400.
Short Swing Bearish MACD Cross (By Coinrule)This strategy is oriented towards shorting during downside moves, whilst ensuring the asset is trading in a higher timeframe downtrend, and exiting after further downside.
This script can work well on coins you are planning to hodl for long-term and works especially well whilst using an automated bot that can execute your trades for you. It allows you to hedge your investment by allocating a % of your coins to trade with, whilst not risking your entire holding. This mitigates unrealised losses from hodling as it provides additional cash from the profits made. You can then choose to hodl this cash, or use it to reinvest when the market reaches attractive buying levels. Alternatively, you can use this when trading contracts on futures markets where there is no need to already own the underlying asset prior to shorting it.
ENTRY
This script utilises the MACD indicator accompanied by the Exponential Moving Average (EMA) 450 to enter trades. The MACD is a trend following momentum indicator and provides identification of short-term trend direction. In this variation it utilises the 11-period as the fast and 26-period as the slow length EMAs, with signal smoothing set at 9.
The EMA 450 is used as additional confirmation to prevent the script from shorting when price is above this long-term moving average. Once price is above the EMA 450 the script will not open any shorts - preventing the rule from attempting to short uptrends. Due to this, this strategy is ideal for setting and forgetting.
The script will enter trades based on two conditions:
1) When the MACD signals a bearish cross. This occurs when the EMA 11 crosses below the EMA 26 within the MACD signalling the start of a potential downtrend.
2) Price has closed below the EMA 450. Price closing below this long-term EMA signals that the asset is in a sustained downtrend. Price breaking above this could indicate a bullish strength in which shorting would not be profitable.
EXIT
This script utilises a set take-profit and stop-loss from the entry of the trade. The take profit is set at 8% and the stop loss of 4%, providing a risk reward ratio of 2. This indicates the script will be profitable if it has a win ratio greater than 33%.
Take-Profit Exit: -8% price decrease from entry price.
OR
Stop-Loss Exit: +4% price increase from entry price.
Based on backtesting results across a selection of assets, the 45-minute and 1-hour timeframes are the best for this strategy.
The strategy assumes each order is using 30% of the available coins to make the results more realistic and to simulate you only ran this strategy on 30% of your holdings. A trading fee of 0.1% is also taken into account and is aligned to the base fee applied on Binance.
The backtesting data was recorded from December 1st 2021, just as the market was beginning its downtrend. We therefore recommend analysing the market conditions prior to utilising this strategy as it operates best on weak coins during downtrends and bearish conditions, however the EMA 450 condition should mitigate entries during bullish market conditions.