Ninja Scalping: Strategy

This is a strategy version for scalping signals. The objective of these signals is to accumulate more BTC through buying and selling of Altcoins. Thus, it is expected that these signals yield BTC gains when the crypto market has bullish days, as when BTC bleeds, other coins bleed even more. Let us get ready for the altseason!!

As mentioned above, the goal is to increase BTC's holdings through buying and selling of Alts. However, different Alts react differently against BTC. Therefore, there is no set of parameters that works for all Alts. The good news is that I tried my best to limit the number of parameters required to be tuned for a specific Alt to two. Also, this strategy helps back-test and tune the parameters for the desired Altcoin, with no guarantee that what happened in the past would happen in the future. This strategy is generally conservative, and it does not enter many trades. However, you can be more aggressive by changing the multiplier value: the smaller the value, the more aggressive the strategies. One can be more aggressive when the market is super bullish. Actually, you can test this by playing with the dates for the back-testing to have an idea of what would be suitable parameters when BTC is strong or weak. For the image attached, the strategy is back-tested from Jan 1, 2021, to March 18, 2021, assuming an initial capital of 1 BTC.

For the time span parameter, typical values are 5, 10, 14, 21, 34, 50, and 100. For the multiplier, typical values range between 0.01 and 2.

Use it at your own risk. Feedbacks are more than welcome. Happy trading!

Release Notes

In the updated version, the strategy enters more trades.

Release Notes

Also, it was tested for USDT pairs, and it is working fine now.

Release Notes

It works best at the 5 mins timeframe for most Alts

Release Notes

Renamed the inputs for clarity.

Release Notes

I fixed a few bugs

Release Notes

I fixed some bugs and added extra buying and selling conditions.

Release Notes

I have incorporated several strategies where suitable filters are applied for each.

Release Notes

I fixed a few bugs.

Release Notes

I fixed a small bug.

Release Notes

Edited the filters.

Release Notes

I have added extra filters to refine the entry points.

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 RealCryptoNinja directly.

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Author's instructions

For access, send me a message.

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

RealCryptoNinja

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.

Invite-only script

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

For access, send me a message.

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

RealCryptoNinja