guikroth

Range Filter Buy and Sell 5min

Original Version credits to DonovanWall

Actual Version i just set alerts and change the parameters for BTCUSDC 5min Chart.

NO REPAINT.

Wait For Barclose

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Comments

Backtested with 0.08% fees, this strategy loses money.
+39 Reply
bobbytheblob capriole_charles
@capriole_charles, yep, trading the 5min chart on BTC is way too expensive to be worth it. 0.15% round trip fee on most futures exchange will just kill you right there.
+1 Reply
BHCap bobbytheblob
@bobbytheblob, Try using it on the 15mins and closing as RSI closes in OB or OS
Reply
Hello sir.
Can we use this also in 1Day timeframe? It is also accurate?

best regards
+24 Reply
guikroth gjob83
@gjob83, yes, it works the same way
+1 Reply
Hello sir, I am very much impressed by your range filter, I know the market structure as range trend and range, I couldnot make out how exactly to use this, as i am unable to get the thing you have coded as i am simple biological graduate. can you please explain the concept behind your filter and how to use it.
+17 Reply
Used with a little common sense this is a REALLY good free indicator. Thanks!
+15 Reply
guikroth HugCapital
@HugCapital, Thank You
+3 Reply
Look like its repaint. I have created TV alerts bases on Buy/Sell signals, Alerts gets triggered even if there is no confirm Buy/Sell signal.
+14 Reply
@anic21, it's not repaint, it's adjusting to the forming candle. Historical signals will not repaint. There's no indicator that could just appear during the presently forming candles and just stay in place as nicely as they appear in the history or else you'd become a billionaire very quickly.
+3 Reply
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