Alert-QuarryLake Indicator Map - ATR Trend Following Strategy by Lancelot_Augur

averagetruerange keltnerchannels volatilitystop btc btcusd xbt xbtusd cryptocurrency crypto atr

A lot of times I don't like my chart crowding with indicators, thus the reason for creating this script for my strategy QuarryLake.

This script also comes with alert.

QuarryLake - ATR Based Strategy version 4

Below is the explanation for QuarryLake

I have also updated the script in version 4.

This strategy consists of 3 indicators that I found works quite well together.

Keltner Channel, Waddah Attah Explosion, and Volatility Stop.

You can find WAE here

KC Period = 200
KCATR = 5
Vstop Period = 3
Vstop Mult = 1.5

Long when close > KC, close > Vstop, WAE trendUp
Short when close < KC, close < Vstop, WAE trendDown

Works well on BTCUSD XBTUSD, as well as other major liquid Pair.

Feel free to follow me on Twitter @Lancelot_Auger for more free Alpha.

Please acknowledge my effort by like and follow.

And lastly,

Save Hong Kong, the revolution of our times.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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