Swing King v1

Utilising short and medium term trends, Swing King is perfect for riding the crypto waves. Built with the aim of smashing Bitcoin’s buy and hold return. After 5 months (Jan 2020 to May 2020) of testing and tweaking, Swing King is ready for release.

Setup with default Bitcoin settings, Swing King returned 289% in the 5 months of testing compared to buy and hold return of 29%. That’s by longing and shorting 100% of equity at 1x leverage.

Results of 5 months of testing:
1 bitcoin → 3.02 bitcoin
$7,340usd → $28,589usd

Backtesting on Ethereum had similar results. In 6 months it turned 10 eth into 14.5 eth and doubled the bitcoin value - compared to a buy and hold value of 31%.

These results were achieved with:
- Using 0.2% fees and slippage for worst case scenario
- Not using Heiken Ashi candles to fake backtest results
- No stop loss and 30% long take profit

Expect to be in trades for days and keep your losses small while letting the winners run.

Also includes trend weakening signals for manual take profit zones (cross is bullish trend weakening and triangle is bearish trend weakening) and colour coded barcolours to keep trading simple.
Green = all signals met to long
Red = all signals met to short

DM for access and pricing. Places will be limited.

Release Notes

Updated alert message to reflect the ticker name and price at time of alert firing

Release Notes

Added alerts for Bearish and Bullish Trend Weakening

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact btcjeanralphio directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Warning: please read our guide for invite-only scripts before requesting access.

btcjeanralphio

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