Chituki

Produced according to Bitcoin and Ethereum 1D, 1W, and 1M candle charts.
When you use it for general stock charts or altcoins, make sure to backtest it thoroughly before using it.
*To facilitate backtesting, this have a vertical line that allows you to easily specify the start time.😍



This indicator is simply based on the Engulfing patterns.
I focused on finding inflection points and wrote them based on 1D chart.


▲▼ Small and fat arrows: Displays simple engulfing patterns.
(Displays only those whose lengths differ by at least 1.2 times from each other)


↑↓ Slim and long arrows: Displays actual trading. (Backtesting reflects this.)
Compare the 7 lowest points to find the bullish Engulfing .
Compare the 14 highest points to find the Bearish Engulfing .
Switch the long and short positions to each other.
Long/short position entry at the market price, mid-price, and closing price of Engulfing Candles.




The charts from 2014 to January 2023 were back-tested and the error ranges were calculated and adjusted in detail.

In conclusion, you can think of it as an Engulfing Pattern Finder tailored to the Bitcoin chart.



This is how I did trading before I made this indicator, and I programmed the trading method as an indicator and I think it's pretty reliable but...
Please don't blindly trust ONLY the indicator(s).





///Properties setting Recommend///
Base currency : USD
Oder size : 18% of equity
Pyramiding : 21 (in plenty / Bcuz one deal is divided into three times.)
Commission : according to the exchange's commission
Recalculate : None
Margin : never less than 50%

Release Notes:

-English description-

1. We have finally added Stop Loss function.
-The default setting is 5%, but user can custom it.
-Stop Loss can be set for each "Long/Short" in three separate sessions.
-*Stop Loss is displayed as "SL_Long/Short".

2. Name improvement
Names that could have been confused have been changed.

-Close Short -> Switch to Long
-Close Long -> Switch to Short
-Bullish Engulfing Long(1/3) -> CTK Long(1/3)
-Bearish Engulfing Short(1/3) -> CTK Short(1/3)
-Newly added : SL_Long / SL_Short


3. Change the initial setting value of the date setting
1 Jan 2023 -> 11 Nov 2921

Thank you!



-한국어 설명-

1. 드디어 Stop Loss 기능을 추가하였습니다.
기본 설정은 5%이지만 사용자가 커스텀 할 수 있습니다.
세 번에 나누어 진행되는 각각의 "포지션"에 각각 Stop Loss를 설정할 수 있습니다.
*Stop Loss는 "SL_Long/Short"로 표시 됩니다.

2. 명칭 개선
헷갈릴 수 있었던 명칭들이 변경되었습니다.

-Close Short -> Switch to Long
-Close Long -> Switch to Short
-Bullish Engulfing Long(1/3) -> CTK Long(1/3)
-Bearish Engulfing Short(1/3) -> CTK Short(1/3)
*신규 추가 : SL_Long / SL_Short

3. 날짜 설정의 초기 설정 값 변경
1 Jan 2023 -> 11 Nov 2921

감사합니다!

Release Notes:

-English description-

1. You can now set the sensitivity of the signal in the "Input" tab.
- The lower the value, the more sensitive the signal is.
- The default setting is Long10 / Short28.

2. Minor typo correction
- Default value of the date setting : 11 Nov 2921 -> 11 Nov 2021
- CTK short -> CTK Short

Thank you!



-한국어 설명-

1. 이제 시그널의 민감도를 "Input"탭에서 설정할 수 있습니다.
- 입력값이 낮을 수록 더 민감하게 반응합니다.
- 기본세팅은 Long10 / Short28입니다.

2. 사소한 오타 수정
- 날짜값 기본설정 : 11 Nov 2921 -> 11 Nov 2021
- CTK short -> CTK Short

Release Notes:

-English description-

1. The indicator now cancels all orders from the opposite position each time the position is switched.
2. We solved the problem that the signal was not displayed properly when there was a gap between the previous day's open (or close) and today's close (or open) in the stock market.
3. The code has been briefly rearranged.
//Updates are always developed in a more reliable direction.
//This patch has significantly improved returns, but the goal is to improve losses as much as possible.


-한국어 설명-

1. 이제 포지션을 스위칭할 때마다 반대편 포지션의 오더들을 모두 취소합니다.
2. 주식시장에서 전날open(또는 close)와 오늘close(또는 open) 사이에 갭이 생겼을 때 시그널이 제대로 표시되지 않던 문제를 해결했습니다.
3. 코드를 간략하게 재정리했습니다.
//업데이트는 항상 더 안정적인 방향으로 개발합니다.
//이번 패치의 경우엔 수익률이 대폭 향상되었지만 손실율을 최대한 줄이는 방향으로 개선하는 것이 목표입니다.

Release Notes:

-English description- (-한국어 설명-)
Minor typo correction (사소한 오타 수정)

Release Notes:

-English description-
1. The "Sensitivity: Long" item on the "Input tab" has been changed to make it easier to understand.
Please set the "sensitivity: Long" to 7 to use the same as the old version released in February.
(Default value is 5.)

2. Minor typo correction
- CTK Long Long -> CTK Long

-한국어 설명-
1. Input탭의 "Sensitivity: Long" 항목을 이해하기 쉽게 변경하였습니다.
2월달에 출시한 구버전과 동일하게 사용하려면 "Sensitivity: Long"를 7로 설정해주세요.
(기본값은 5입니다.)

2. 오타수정
- CTK Long Long -> CTK Long

Release Notes:

version 1.07
-English description-
1. UI improvement (Input tab)
- Added version information.
- We grouped "Senitivity" / "Stop Loss" to make them easier to distinguish.
- Added tooltips to each item.


-한국어 설명-
1. UI개선 (Input 탭)
- 버전정보를 추가했습니다.
- "Senitivity" 와 "Stop Loss" 항목을 알아보기 쉽게 그룹화 했습니다.
- 각 항목에 툴팁을 추가했습니다.

Release Notes:

-English description-

Bug fixed : "Switch to short" was overreacting.


-한국어 설명-

"Switch to short"가 과하게 반응하던 부분을 수정했습니다.