ridicoulous

Ridicoulous Algo v1

We present you a newly developed Indicator!
In this strategy we use a combination of two setups to catch the highs and lows and follow the right direction at all times. We also take data from the price action from a second source, which can be chosen in the dropdown menu or via plain text (Cryptocap:BTC, Cryptocap:BTC.D etc).
The oscillator is based on a baseline of 50, where below 50 is bearish and above 50 is bullish. The signal itself is filtered by an EMA so we don't get sell signals in uptrend and vice versa. The data from the second source gets represented as a channel so we can print it like an oscillator. The take profit/stop loss is chosen with an amount in %. The signal line is a mix of the SMA and the EMA.

The backtest result shown is simulated with using 20% of the capital and a 5x leverage trading Avax Futures on Binance.
Please be aware that past results are no guarantee for future performance!

The alarms come as an AiO (All in one) alarm with SL and TP's that can be predefined.

With the right setup you can easily create very strong strategies on many different pairs!
And we are here to help you find them...

Here are some setups we actually got

prnt.sc/24nq57l Cotiusdtperp

prnt.sc/24nqlp3 BTCusdtperp

prnt.sc/24nqpwu ETHusdtperp

prnt.sc/24nqst3 BTCPERP

prnt.sc/24ntacc LTCUSDTPERP

Please be aware that past results are no guarantee for future performance!

t.me/ridicolous
[SCOPO]
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact ridicoulous for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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.

Author's instructions

We are backed by an active Telegram community with different setups running on 4h / 1h / 30m and <15m timeframe, all ready to be auto traded with Cornix! the easiest way to contact me is via telegram t.me/ridicolous

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Warning: please read before requesting access.