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RSI Hidden Divergence + Stochastic + 200 EMA @DaviddTechHey Traders, This is my first strategy of many I hope. Inspired by a strategy I found on YouTube I wanted to see if it would work with a BOT strategy. The idea is : ## LONG ## * When the price is above 200 EMA take only LONG positions. * Look for Bullish hidden divergence. * Stochastic crossover to find our entry. ## SHORTS ## * When the price is below 200 EMA take only SHORTpositions. * Look for Bearish hidden divergence. * Stochastic crossunder to find our entry. You can used a fixed percentage, ATR, HH/LL or a FIB level to take profit. Everything is very visual and can be connected easily to a bot. I will be doing a video on HOW-TO setup in a couple of days. ## MUTLI LEVEL PROFITS ## This will show you on backtest is you take profits at 3 levels however I have not tested on a BOT strategy. NOTE : This is for educational purposes and please test on a paper account, as I said this is my first strategy. I will be working and back testing new strategies every week. - Made with ♥ @DaviddTech
Pine Script® strategy
by daviddtech
11
[ADOL_]ARVIS 4ENG) This is the fourth version of ARVIS BOT. It's name is ARVIS 4. - The previous ARVIS 3 logic was created based on RSI. This version is based on ICHIMOKU, VOLUME, OSCILLATOR, MA. Existing ARVIS users can use it without additional rights. - This is the most optimized version of the signal generation frequency among the ARVIS series. It was created with the goal of an Easy Trading Tool that users can use easily. principle) Features of the new core logic: - Made on the basis of ICHIMOKU. We found the optimal ICHIMOKU value and made variations to improve readability. We find swing signals and optimal candles based on trading volume and MA. option) - The indicator plotting range indicates the range in which to display the indicator. - L, S are indicated above the variation of ICHIMOKU. - Breakout Help Line (BHL) is the basis for overlapping breakout criteria. If it breaks through the BHL at the same time as the breaking point, it will be a strong signal. - Double Breakwater indicates support/resistance. It is mainly used as resistance in the form of breakwater. - The trend judgment criteria and trend length based on ICHIMOKU determine the uptrend and the downtrend. Use the default settings of High/Low/3 and 7. A length range of 7-40 is recommended. - Displays information of purchase, sale, and total volume. - Heart Singal ♥️ is a suitable standard for swing. It is determined only by the time frame, and a value of 3 to 15 minutes is recommended. - You can display overlapping signals by combining long down and up shot + heart signal of swing / heart signal of swing and L and S. - Volume above the average trading volume determines the power of candle - Comprehensive MA and oscillator are displayed in the upper right corner. - The information window about Ichimoku is displayed in the lower right corner. - Please refer to the in-index guide. Example of principle of core function) It judges the rods of fake and real. FakeLong🤡 (clown), FakeShort🃏 (joker), Reallong🥝 (kiwi), Realshort🍅 (tomato). Clowns and Jokers are mocking fakes. Long is a key pointing to 'up', so it is indicated as 'kiwi'. Shorts 'sat' the volume down, so we mark them as 'tomatoes'. It judges an upshort shot and a downtrend long. The uptrend and long downtrend are the Big Trend, which is the standard for the biggest trend. The swing signal is displayed as ♥️. Volatility alerts appear with a yellow background and ■ in the form. In the case of L and S combined with ascending and descending longs and swing signals, the decline is a fall, so it is indicated by a shooting star ☄️ and a rise as a burning flame 🔥 time frame) Available for all timeframes. It is recommended to set the alert at the 15th minute for the heart signal of the swing. alarm) All alerts can be set for signals displayed on the chart. trading method) 1. Reproduced the chart, abbreviated all criteria with signals. Simply follow the signal. 2. Bot settings: Recommended is the use of Heart Signal ♥️ and Real L,S. If you use long downtrends and uptrends as your main trading standards, you will trade with signals of uptrends and longshorts. Study more combinations. Reference) You are solely responsible for any trading decisions you make. How to use) It is set to be available only to invited users. When invited, tap Add Indicator to Favorites at the bottom of the indicator. If you click the indicator at the top of the chart screen and look at the left tab, there is a Favorites tab. Add an indicator by clicking the indicator name in the Favorites tab. KOR) ARVIS BOT의 네번째 버전입니다. 이름은 ARVIS 4. - 이전 ARVIS 3은 RSI를 기반으로 로직이 만들어 졌습니다. 이번 버전은 ICHIMOKU 와 VOLUME, OSCILLATOR, MA를 기반으로 만들어 졌습니다. 기존의 ARVIS 이용자는 추가 권한없이 이용가능합니다. - ARVIS 시리즈 중 신호발생빈도가 가장 최적화된 버전입니다. 사용자가 쉽게 사용할 수 있는 Easy Trading Tool을 목표로 만들어졌습니다. 원리) 새로운 핵심적인 로직의 기능 : - ICHIMOKU를 기반으로 만들어졌습니다. 최적의 ICHIMOKU 값을 찾고 변주를 만들어 가독성을 향상시켰습니다. 거래량과 MA를 기반으로 스윙시그널과 최적의 캔들을 찾아냅니다. 옵션) - 지표 플로팅 범위는 지표를 표시할 범위를 나타냅니다. - L, S는 ICHIMOKU의 변주 위에 표기 됩니다. - Breakout Help Line(BHL)은 돌파기준의 중첩 근거가 됩니다. 돌파하는 기준의 시점에서 BHL을 같이 돌파해준다면 강한 신호가 됩니다. - Double Breakwater는 지지/저항을 나타냅니다. 방파제의 형태로 주로 저항으로 사용합니다. - ICHIMOKU기반으로 만들어진 추세판단 기준과 추세길이는 오름숏과 내림롱을 결정합니다. 고저종/3 과 7의 기본 세팅을 사용합니다. 길이는 7~40의 범위를 추천합니다. - 매수,매도,합산 볼륨의 정보를 표시합니다. - Heart Singal ♥️ 은 스윙에 적합한 기준이 됩니다. 시간프레임으로만 결정하며 3분~15분 값을 추천합니다. - 내림롱과 오름숏 + 스윙의 Heart Signal / 스윙의 Heart Signal과 L,S 을 결합해서 중첩한 시그널을 표기할 수 있습니다. - 거래량 평균이상의 Volume을 캔들의 힘을 가려냅니다. - 종합 MA와 오실레이터가 우측상단에 표시됩니다. - 일목균형에 관한 정보창이 우측하단에 표시됩니다. - 지표내 가이드를 참고하십시오. 핵심기능의 원리 예시) fake와 real의 봉을 판단합니다. FakeLong🤡(광대), FakeShort🃏(조커), Reallong🥝(키위), Realshort🍅(토마토) 로 표기됩니다. 광대와 조커는 조롱을 하는 fake입니다. 롱은 '위'를 향하는 key가 되므로 '키위'로 표시합니다. 숏은 아래로 물량을 '토'해내므로 '토마토'로 표시합니다. 오름숏과 내림롱을 판단합니다. 오름숏과 내림롱은 가장 큰 추세의 기준인 Big Trend 입니다. 스윙시그널은 ♥️ 로 표시됩니다. 변동성 경고는 노란색 배경과 ■ 형태로 출현합니다. 오름숏과 내림롱, 스윙시그널과 결합되는 L,S의 경우 하락은 떨어지는 것이므로 유성 ☄️ 으로, 상승은 타오르는 불꽃 🔥 으로 표시됩니다. 타임프레임) 모든 시간프레임에서 사용가능합니다. 스윙의 Heart Signal은 15분봉에서 얼러트를 설정하는 것이 좋습니다. 알람) 차트에 표기되는 시그널에 모든 얼러트를 설정할 수 있습니다. 매매방법) 1. 차트를 복기하고, 시그널로 모든 기준을 축약했습니다. 단순히 시그널을 따르십시오. 2. 봇의 설정 : 추천은 하트시그널 ♥️ 과 Real L,S의 활용입니다. 내림롱과 오름숏을 주거래 기준으로 삼는다면, 오름숏과 내림롱의 시그널로 거래를 할 것입니다. 더 많은 조합을 연구하십시오. 참고) 귀하가 내리는 모든 거래 결정은 전적으로 귀하의 책임입니다. 사용방법) 초대된 사용자만 사용할 수 있도록 설정이 되어있습니다. 초대를 받을 경우, 지표 하단의 즐겨찾기에 인디케이터 넣기를 누릅니다. 차트화면 상단에 지표를 눌러서 왼쪽탭에 보면 즐겨찾기 탭이 있습니다. 즐겨찾기 탭에서 지표이름을 눌러서 지표를 추가합니다.
Pine Script® indicator
by ADOL_
5
[blackcat] L5 Linebreak MasterLevel: 5 Background Like many people in the Tradingview community, I have been studying how to apply Line Break Chart to backtesting and live trading for long. However, as we all know, the official Tradingview Line Break Chart is not recommended for backtesting because it will lead to unrealistic backtesting results. So, I thought about developing a Line Break Chart that can be used for backtesting and trading. This "L5 Linebreak Master" is one of them that I am introducing today. This indicator is based on OHLC data, because this kind of chart can be used for reliable backtesting and live trading in Tradingview. Therefore, the Linebreak Master in this script can actually coexist with the standard Japanese candlestick chart, but the trend reversal information it prompts is based on a principle similar to Line Break Chart. When the two can coexist and produce trading signals at the same time, this is really a very interesting invention. Function Linebreak charts were developed in Japan and popularized here by Steve Nisson in his book Beyond Candlesticks. The purpose of linebreak charts is to filter out market noise and give a clear indication of the current trend and trend reversals. As you may know, sometimes determining the current trend can be difficult due to market price movement that consolidates, and a trend reversal can be just as difficult. The green and red bars are called lines. Notice that whenever we have consecutive green lines, each line has a higher close than the previous one; when we have consecutive red lines each line has a lower close than the previous line. First of all, this Linebreak chart can coexist in the main chart with the Japanese candlestick chart. However, many parts may be overlapped with Japanese candle stick to see it clearly. My recommendation is that users can click "Settings" of main chart and turn off default candle chart. Secondly, this Linebreak chart can be used for backtesting strategies, because it is essentially OHLC data. And the absolute values of the price is based on the original OHLC data. The certainty of the trend reversal is relatively high. It can be compared with Japanese candlesticks on the timeline. Finally, this Linebreak chart is embedded with a Linebreak intrinsic trading strategy, which can be used to locate entry points through red and green labels. This strategy supports Tradingview alerts. You can get "LONG" or "SHORT" trading reminders by creating alerts. In order to obtain a clear market structure, Zen Stroke (Autolength ZigZag ), Zen Kiss (Special Moving Averages), Fibnacci Retracement Golden Levels, Unique Fibnacci Time windows and Dynamic Fibonicci support and resistance arrows can be checked to be superimposed and displayed on the main chart to facilitate understanding of the temporal and spatial position of prices in the market. A trading system based on linebreak charts must must have all entries and exits based on the close or open of a line. The two key values of a linebreak chart are the linebreak number and the underlying time interval. We can construct linebreak charts based on daily, weekly, 5 minute, hourly, any time frame. This allows us to adapt it for day trading or swing trading systems. I developped an inheret linebreak strategy with labels facilitate you to locate trend reversals. Indicator Set Linebreak Master Chart (新价图) Zen Stroke (Auto ZigZag , 自动画缠论笔) Zen Kiss Moving Averages (缠论均线) Fibnacci Retracement Golden Levels (半对数-黄金分割线) Unique Fibnacci Time windows (独创的斐波那契时间窗口) Dynamic Fibonicci support and resistance arrows (动态斐波那契支撑和阻力箭头) Inputs Source Type: Open, High, Low, Close, Hl2, Hlc3, Lx, Vwapc, Vwaplx, Vwaphl2 (Case Sensitive) Returns source input selection variant, default to "Close" if blank or typo. Open --> open High --> High Low --> Low Close --> Close Hl2 --> hl2 Hlc3 --> hlc3 Lx --> Lao Xu 1949 Median Price Vwapc --> vwap based on close Vwaplx --> vwap based on Lao Xu 1949 Median Price Vwaphl2 --> vwap based on hl2 Show Zen Stroke --> True as default Show Fib Space based on Semi-LOG --> True as default Zen Fractals Lookback Period --> 377 as default Key Signal Bars Green bars for up trend Red bars for down trend Labels Green labels for buy/long. Red labels for sell/short. Zen Stroke ( ZigZag ) Green line section for up stroke Red line section for down stroke Moving Averages Yellow for fast line Fuchsia for slow line Pros and Cons Suitable for discretionary trading and bots via alerts. However, only well selected trading pair and time frame can guarantee bot works. Intuitive and effective, the output signal is more reliable after multi-indicator resonance Remarks My fourth L5 indicator published Closed-source Invite-only How to get it? 500 Tradingview Coins Per Monthly Subscription 5000 Tradingview Coins Per Yearly Subscription
Pine Script® indicator
by blackcat1402
83
nonoiraq indicator it's very strong i edit this indicator to connect it with my bot to auto trading and he take the info from the volume, so when he is give me a single the bot take just 0.50% to 1% for 3 - 5 trade in day and this perfect, if u use a manual trading this indicator can reach to from 10% to 80% in some point . the indicator have 3 line (Red , Purple, Yellow) 1- The yellow line it's high sensitivity this mean it's when rich to the -3 or 3 you can open the order when the bar is close and the signal be sure and u need to watch the your order because in some case he is reach to 0.30% to 2% and the price reflected to loss and when you wait the price reflected to but my advice you take profit and close the order directly. 2- The purple circles it's medium sensitivity this mean when the purple hit the 2.5 or 3 from down or up in indicator with yellow line you open the order when bar close and the signal is be sure , like example in the photo 3- The red circles it's low sensitivity and this one when reach to 3.0 with any line (yellow or purple) you open directly short or long , like the example in the photo i am sorry for my english it's not very good please support me to share other idea or script
Pine Script® indicator
by nonoiraq750
37
Take America Back Version 1.0So basically, the when the price goes down a little, it buys, and when it goes up a little it buys. The only indicators are account balances, and the price, that’s it. Now I wish that Pine Script had a function or variable in which I could recall the balances of specific portions of the portfolio, but it doesn’t. So, I had to improvise. Now for this to work accurately, all of the money needs to be in the “base” side before the bot can begin. Now, the thing about this is that it does not re-invest the amount that is “saved” to all but guarantee the balance will go up. However, as this goes up it will not add up as quickly in order to allow more wiggle room so that the bot does not work itself into a corner. If you want to keep some of your base, enter how much you want to keep it in the initial “saved” setting, as long as you allow at least enough to be equal to the default quantity value. Also, I recommend you setting the pyramiding setting to the result of the base value divided by the default quantity value. The default quantity value is how much you invest, measured in the base currency. This would have been sooooo much easier if pine script could allow me to recall specific balances, but maybe a future one will. Finally, THIS is why I made this program, I wanted to create something that would prevent the little ones from being stepped on by the big players who don't always play fair. Besides, cryptocurrencies were made in response to the 2008 financial meltdown that caused a global recession. This decentralized currency is not just the money of the banks, the corporations, or the governments, but the money of the people. Use this tool to level the massive wealth inequality in my country and take America Back. I will post more links and updates later once my reputation score goes up. I will discuss more about what influenced me to make this program and as some advise and possible future improvements as well.
Pine Script® strategy
by Crystal_Catalyst
1
[blackcat] L5 Renko MasterLevel: 5 Background Like many people in the Tradingview community, I have been studying how to apply Renko charts to backtesting and live trading for long. However, as we all know, the official Tradingview Renko chart is not recommended for backtesting because it will lead to unrealistic backtesting results. So, I thought about developing a set of customized Renko charts that can be used for backtesting and second-level trading. This "L5 Renko Master" is one of them that I am introducing today. In fact, this is not a Renko chart based on Tick's principle. It is based on OHLC data, because this kind of chart can be used for reliable backtesting and trading in Tradingview. Therefore, the Renko Master in this script can actually coexist with the standard Japanese candlestick chart, but the trend reversal information it prompts is based on a principle similar to Renko. When the two can coexist and produce trading signals at the same time, this is really a very interesting invention. Function First of all, this Renko chart can coexist in the main chart with the Japanese candlestick chart. It can support up to 1 second level of display and trading. By configuring two parameters, you can adapt it to different Time Frames. Secondly, this Renko chart can be used for backtesting strategies, because it is essentially OHLC data. Although the absolute value of the price cannot correspond to the original OHLC one-to-one, the certainty of the trend reversal is relatively high. It can be compared with Japanese candlesticks on the timeline. Finally, this Renko chart is embedded with a Renko intrinsic trading strategy, which can be used to locate entry points through red and green labels. This strategy supports Tradingview alerts. You can get "LONG" or "SHORT" trading reminders by creating alerts. In order to obtain a clear market structure, Zen Stroke (Autolength ZigZag) and Zen Kiss (Special Moving Averages) can be checked to be superimposed and displayed on the main chart to facilitate understanding of the temporal and spatial position of prices in the market. Indicator Set Renko Master Boxes (砖块图) Zen Stroke (Auto ZigZag , 自动画缠论笔) Zen Kiss Moving Averages (缠论均线) Inputs Price --> Price source used to produce Renko, close is default. RefBarBack --> Lookback period length to calculate Renko. The larger value, the less sensitive to price ripples and sideways. BoxPerc --> Internal box percentage input. The larger value, the less sensitive to price ripples and sideways. Show Zen Stroke (AutoLen ZigZag)? --> Switch to turn on and off ZigZag. Shown Renko MA? --> Switch to turn on and off special moving averages. Key Signal Bricks Green bricks for up trend Red bricks for down trend Labels Green labels for buy/long. Red labels for sell/short. Zen Stroke (ZigZag) Green line section for up stroke Red line section for down stroke Moving Averages Yellow for fast line Fuchsia for slow line Pros and Cons Suitable for discretionary trading and bots via alerts. However, only well selected trading pair and time frame can guarantee bot works. Intuitive and effective, the output signal is more reliable after multi-indicator resonance Remarks My third L5 indicator published Closed-source Invite-only Redeem Fee Life Lock Guarantee Although I take the efforts to inform the script requesters that the best way to promote trading skills is to learn from the open source scripts I released by themself and to improve their PNIE script programming skills, there are still many people asking how to obtain or pay to use BLACKCAT L4/L5 private scripts. In fact, I do not encourage people to use Tradingview Coins ( TVC ) / Cryptocurrency to redeem the right to use BLACKCAT L4/L5 scripts. However, redeeming private script usage rights through TV Coins/ Cryptocurrency may be an effective way to force more people to learn PINE script programming seriously. And then I can concentrate on answering more valuable community questions instead of being overwhelmed by L4/L5 scripting permission reqeusts. I would like to announce a ‘Redeem Fee Lock Guarantee’ program to further simplify the L4/L5 indicator/strategy utility offering and distinguish itself from the competition. ‘Redeem Fee lock guarantee’ is one of the major initiatives by BLACKCAT as a part of overall value packaging designed to guard BLACKCAT’s followers’ against cost-overruns and operational risks usually borne by them when it comes to PINE script innovation ecosystem. The TVCs redeemed for L4/L5 a follower signs up for with BLACKCAT is their guaranteed lifetime locked in TVC Quantity/ cryptocurrency, with no special conditions, exclusions and fine print whatsoever. Based on this scheme, I can constantly refine, expand, upgrade and improve PINE script publishing to ensure the very best experiences for my followers. The 'Redeem Fee Lock Guarantee' is a step in the direction of rewarding the valuable followers. NOTE: Every L4/L5 script redeeming service is ONLY limited to TVC or Cryptocurrency ("Win$ & Donate w/ This" Addresses displayed on script page) redeeming which the 1st signed up TVC Qty/ equivalent cryptocurrency is the lifetime offered TVC Qty/ equivalent crypto. How to subscrible this indicator? The script subscription period only has two options of one month or one year, and its price is floating. The latest price of the script subscription is proportional to the number of likes/agrees this script has already received. Therefore, the price of subscribing to this script shows an increasing trend, and the earliest subscribers can enjoy the price of lifetime lock to this script. As the number of likes / agrees of this script increases, the subscription fee for one month and one year will also increase linearly. Whatever, the first subscription price of the use will be locked for life. Monthly subscription and annual subscription can be done either by tradingview coins ( TVC ) or by converting into equivalent cryptocurrency at the exchange rate (1TVC=0.01USD) for redeem. TVC payment needs to pay TVC directly in the comments under this script. Every time I authorize a new user, I will update the latest number of subscribed users and latest price for next subscription under the script comment. If there are any conflicting scenario happened to the rules and my update. My updated price based on the rule will be the final price for next subscription. The following subscribers need to pay the corresponding amount of TVC or cryptocurrency in accordance with the latest number of users and price announced by me in accordance with the rules published. TVC redemption is the method I strongly recommend, and I hope you can complete the redemption in the comment area of this script. This is like a blockchain structure, each comment is a block, each subscription is a chain, which is conducive to open and transparent publicity and traceability to avoid unnecessary disputes. Monthly Subscription Charges 500TVC <50 Agrees (A) 50A<850TVC<100A 100A<1000TVC<150A 150A<1350TVC<200A 200A<1500TVC<250A 250A<1850TVC<300A 300A<2000TVC<350A 350A<2350TVC<400A 400A<2500TVC<450A 450A<2850TVC<500A 500A<3000TVC<550A 550A<3350TVC<600A 600A<3500TVC<650A 650A<3850TVC<700A 700A<4000TVC<750A 750A<4350TVC<800A 800A<4500TVC<850A 850A<4850TVC<900A 900A<5000TVC<950A 950A<5350TVC<1000A 1000A<5500TVC<1050A And so on... Annual Subscription Charges 5000TVC <50 Agrees (A) 50A<8500TVC<100A 100A<10000TVC<150A 150A<13500TVC<200A 200A<15000TVC<250A 250A<18500TVC<300A 300A<20000TVC<300A 350A<23500TVC<400A 400A<25000TVC<450A 500A<28500TVC<550A 500A<30000TVC<550A 550A<33500TVC<600A 600A<35000TVC<650A 650A<38500TVC<700A 700A<40000TVC<750A 750A<43500TVC<800A 800A<45000TVC<850A 850A<48500TVC<900A 900A<50000TVC<950A 950A<53500TVC<1000A 1000A<55000TVC<1050A And so on...
Pine Script® indicator
by blackcat1402
70
Technicals Rating Strategy v420Ichimoku, HMA, RSI, Stoch, CCI, MACD, Technicals Rating Strategy is a trading Bot that looks at these chosen indicators and assigns a value to each, then calculates the result of adding each indicators result value to a overall rating, which is then compared to a user set level. Here seen on Bitcoin, it has the broker fee included in the testing result. If you choose to use it on Forex etc, perhaps remove the broker fee which is unrealistic for FX trading. It has a Win/Loss ratio of only 40% wins, but it catches the big moves and thats the main thing, so if ELON MUSK had of used this strategy instead of BUY and HOLD, he could of made 700% instead of 7% (as is, may, 2021) Mainly intended for use as Automated TRADE BOT. (imagine if Elon Musk did use this bot with his 1.3 billion $ worth of BTC, the drawdown would be like, half a billion or something haha (p.s.- use smaller lotsize % to get smaller drawdown, but then smaller profit....) ) For use with any pair and timeframe. In fact there is a timeframe setting to set the strategy to look at alternative timeframe from chart, but as default will just be set to charts timeframe.
Pine Script® strategy
by SeaSide420
19
Multiple Timeframe Fib Bollinger Bands - can be used for 3commas*** This idea is based on Bollingers Bands Fibonacci ratios by Shizaru () ** This will look less chaotic if you don't have all four time frames on at once! I left them on for the demo picture just to show them all simultaneously working. This is the basis for most of my bot ideas - indicators from longer chart time frames laid over short time frame charts. What I mean by this is that I like the responsiveness of a 1m chart but indicators from a 1h or 4h chart. There are obviously downsides to doing this or everyone would do it, but I have consistently gotten top results using this method. This is a study, so not a strategy yet but you can use this with 3commas if you convert it to a strategy using band crossover/under points as buy and sell triggers. That is super easy; just follow this excellent guide here which should work for this script: kodify.net It's not super hard if you know a little Pine but if you need help hit me up and we can figure something out. This script by default has 15m, 30m, 1h and 4h settings that are configurable via the gear icon. You can enable or disable any time frame, change the color, etc. I will probably add accurate line labels, custom time frames and adjustable transparency soon. It's advisable to use higher time frame indicator on a lower time frame chart, but not the other way around. I would use these indicators on a 1m chart but not a 1d chart, for example. Have fun and I hope you get some use out of this! I use it for context more than bots but it is definitely possible to use it with both.
Pine Script® indicator
by thebiggerhand
2
Cyatophilum Strategy BuilderAn indicator to create strategies, backtest and setup alerts. The user can choose one or multiple TA entry conditions, if more than one the conditions are combined with a logical AND. The entries will open up a trade, which is then handled by a risk management system including Trailing Stop, Take Profit and up to 100 Safety Orders. This indicator can be used to backtest 3commas DCA bots who are using TA presets, RSI or ULT. Its main goal is to create strategies by combining indicators. Let's dive into the details of what's included: Entry Condition: MACD Triggers an entry when macd crosses with the signal line. Configure the fast, slow length, signal smoothing and timeframe to trigger the condition. Entry Condition: RSI Triggers an entry when the RSI is higher or lower than the long/short threshold. Configure the length, timeframe, long and short threshold to trigger the condition. Entry Condition: ULT (Ultimate Oscillator) Triggers an entry when the ULT is higher or lower than the long/short threshold. Configure the 3 lengths, timeframe, long and short threshold to trigger the condition. Entry Condition: Bollinger Bands Triggers an entry when the price is above the upper band for long and below the lower band for short. Configure the length, standard deviation and timeframe to trigger the condition. Entry Condition: MFI (Money Flow Index) Similar to RSI, it triggers an entry when the MFI is higher or lower than the long/short threshold. Configure the length, timeframe, long and short threshold to trigger the condition. Entry Condition: CCI (Commodity Channel Index) Another oscillator that triggers an entry when its value is higher or lower than the long/short threshold. Configure the length, timeframe, long and short threshold to trigger the condition. Trend Filters Use one or two trendlines to filter your trades: go only long/short when the trendline is bullish/bearish. Choose between the several trendlines: ema, sma, wma, hull ma, kama, alma, rma, swma, vwma, Tilson T3, and the unique Adaptive T3 and Adaptive Hull MA. If this is not enough, you can use the external trendline feature to plug in any other indicator for your trendline. The second trendline can be MTF and come from another symbol if needed. Combining Indicators Most of the time we will not be using a single indicator at a time, but instead, combine them in order to get stronger entries. The entry conditions are combined using a AND logical gate, meaning all conditions must be true for the entry to trigger. Here is an example using a combination of 2 indicators: Bollinger Bands and RSI. We can see less entries are being triggered on the bottom chart than on the top chart because the bottom chart is combining the 2 indicators while the top chart is only using Bollinger Bands. You can combine up to all 6 indicators if you want, but keep in mind that combining too many may lead to triggering no entry at all. Risk Management and Trade system The indicator will not trigger more than one long or short entry in a row. To start a new trade, the indicator will wait for either take profit, stop loss or an opposite entry if no SL and TP is set. Stop Loss and Take Profit Configure your stop loss and take profit for long and short trades. You can also make a trailing stoploss and a trailing take profit. Safety Orders Just like 3commas bots, you can create a strategy with up to 100 safety orders. Configure their placement and order size using the price deviation, step scale, take profit type (from base order or total volume), and volume scale settings. Note: only the 20 first safety order steps or so will be plotted due to graphic limiations. The steps after that still trigger alerts and backtest results. Creating Alerts The indicator is using the newest alert system: 1. Write your alert messages in the indicator settings (alert section at the bottom) 2. Click "Create Alert" as usual, but choose "alert() function calls only" Data Window Since the indicator is applied on top of the price chart, the oscillator indicators cannot be plotted. You can always add them on another pane but if you want to just see their values, you can use the Data Window to see the value of each oscillator on each bar. Backtest settings Used to get the results below: Initial Capital: 100 000$ Base Order Size: 0.1 contract (BTC) Safety Order Size: 0.1 contract (BTC) Commission: 0.1% Slippage: 100 ticks pyramiding: 6 The indicator settings are plotted in the main chart panel.
Pine Script® strategy
by cyatophilum
5
ATH Oscillator StudyThis idea stems from the belief that people want to reverse the trend when an all time high or low is hit. This strategy incorporates that by using ath and atl values based on the lookback period and the signal gets smoothed by the input smoothing type and length. I found that the best time to use this was on the 3m chart. But I am certain that higher time frames can be used if the settings are tweaked. Settings: Strategy - simple(long,short,switch) - This strategy just uses the directional change of the signal using just longs, just short, or switching between the two. range - This strategy uses the hlines on the chart to determine when to buy and sell. These can be adjusted using the Range Top / Bot values div - This strategy uses a simple divergence of the signal line to time entries Lookback - How many bars back to check the ath and atl Smoothing - How smooth you want the signal Smoothing Type - Different ways to smooth the signal Range Top/Bot - Changes the height of the hlines for the range strategies On Buy/Sell Signal # - Change when you enter. Increasing this number will move the signals to the left if there are consecutive signals. Useful to find bottoms and tops. Chart: ETHUSD Perp Bybit Notes: Use on 3-5m time frame for best results. Change settings if you want to try other coins like BTC or higher time frames
Pine Script® indicator
by OrionAlgo
2
ATH Oscillator StrategyThis idea stems from the belief that people want to reverse the trend when an all time high or low is hit. This strategy incorporates that by using ath and atl values based on the lookback period and the signal gets smoothed by the input smoothing type and length. I found that the best time to use this was on the 3m chart. But I am certain that higher time frames can be used if the settings are tweaked. Settings: Strategy - simple(long,short,switch) - This strategy just uses the directional change of the signal using just longs, just short, or switching between the two. range - This strategy uses the hlines on the chart to determine when to buy and sell. These can be adjusted using the Range Top / Bot values div - This strategy uses a simple divergence of the signal line to time entries Lookback - How many bars back to check the ath and atl Smoothing - How smooth you want the signal Smoothing Type - Different ways to smooth the signal Range Top/Bot - Changes the height of the hlines for the range strategies On Buy/Sell Signal # - Change when you enter. Increasing this number will move the signals to the left if there are consecutive signals. Useful to find bottoms and tops. Chart: ETHUSD Perp Bybit Strategy Properties: 100 base order, 100% equity Notes: Use on 3-5m time frame for best results. Change settings if you want to try other coins like BTC or higher time frames
Pine Script® strategy
by OrionAlgo
13
Super Cipher BThis is the first release of Super Cipher B. The script will get regular updates and includes a user manual. This is the first release of the script which is already powerful. The script has been designed to work as a binance futures trading bot. I only recommend using it as it is now on coins that are in a long term bullish market. I am not responsible for possible losses using this script as no script in the world can 100% guarantee to never take any losses. The script is a modified version with new strategies and functionality. The original script was published for free by VumanChu, this script is based on the original code of that script. This is a version of the script used for Binance Futures botting and will provide buy Dots which are more failsafe than the original green divergence dot in the VumanChu script. All info on how to set up the script for botting is inside the user manual: The user manual also includes my current profits on 3commas.
Pine Script® indicator
by Honestcowboy
15
MA, Stochastic, RSI w SnowflakeDesigned PresentationThis script provides basic moving average SMA and WMA crosses to trigger the buy or sell signals for bot trades whilst displaying snowflakes. It also has the ability to let the user display more significant price action by judging the length of the space between the SMA and WMA, after filtering using the Stochastic and RSI. Only more significant breaks of these moving average crosses are displayed to the user when optimised which avoids noise and messy signals. It will also display Stochastic and RSI over bought and over sold with the moving average difference that deems to be bullish (e.g. having a K, D RSI and MA crossing outside of 30-70 range). Notation Snow Flakes - the crossing of the moving averages Aqua Snow Flakes - Trending up Red Snow Flakes - Trending down Stars - The crossing of the two moving averages with RSI validation Blue Stars - Trending up w RSI Overbought Yellow Stars - Trending down w RSI Oversold Cross - Stochastic and RSI over bought/over sold Pink - Pricing up Blue - Pricing down This only shows the smaller movement of the trends for a minimum TP Settings: K, D - Overbought Oversold numbers of your choice RSI - Over bought / Over sold numbers of your choice SMA - numbers of your choice for the closes WMA - numbers of your choice for the closes Usage & Details: I make this chart for simple trades automating with the bots, so you may find too many alerts; they are for my personal private use and under my instructions outside of Trading View. Please don't try to hurt your wallets. Knowing when a Stochastic and RSI crossing with significance on the stochastic and RSI can be of great help to a trader. Many times over bough and over sold range may not be broken with significant force and the move is therefore weaker and possibly not worth trading. They're marked (or will be marked) in triangles anyways depends on my mood. There will be few more updates, but I may or may not publish it. As well, you are welcome message me for the usage of this chart, but I am not friendly after feeling harassed by the moderators of this website. If you really want to make me a vendor, feel free to message me.
Pine Script® indicator
by WickedCloud
DMT 369 DRAGRONFLY StudyDragonfly Study version plus statistics panel Successful traders trade with a fixed plan and without emotion, but this a lot harder than many new traders think. Many never master this skill and suffer continual drawdowns on their accounts as they overtrade high leverage positions in volatile markets. ĐΜŦ Autobot resolves this issue by taking the human element out of the equation, allowing full automation of trades using TradingView alerts to trigger your favourite trading bot, such as Alertatron or 3Commas. Being a Trend Reversal Indicator based on Volatility & Average True Range , ĐΜŦ Autobot is designed to identify spots in the market that offer suitable scalp and swing trade opportunities. Due to popular demand we have expanded our ĐΜŦ Autobot product line to include the new ĐΜŦ Autobot Dragonfly 3-6-9 Edition which combines DMT with 3-6-9 Vortex mathematics, our Titan indicator and a multi-ladder scalping strategy to ensure you maintain a preferable average entry when price action moves against your position. Indicator View It its default state the DMT Autobot Dragonfly indicator displays key signal information, such as: • Support & resistance range lines • Titan Body Small & Large Time Frame lines • Long & Short entry positions • Long & Short position ladders • Profit targets Dragonfly displays a range between resistance (upper line) and support (lower line) on the chart. Once the price is granted support in the range the lower line will turn green. As price action develops it will make repeated attempts to test support. If support holds price will attempt to test the resistance line (red). When resistance is broken and the price is above the upper line, the line will turn blue confirming the bullish momentum and provide a potential buy opportunity. Price action will make attempts to test the upper line as support and will keep rising while support is granted. Once support is lost the upper line will become red once more. As price action develops it will make repeated attempts to test resistance. If resistance holds, the price will attempt to test the support line (green). When support is broken and the price goes below the lower line, the line will turn red confirming the bearish momentum and provide a potential selling opportunity. Price action will make attempts to test the lower line as resistance and will keep dropping while resistance is granted. Titan Body The Titan Body Small & Large time frame options in the indicator add additional trendlines to the chart to provide further clarity and confirmation to the Support & Resistance range indication. Once price is granted support by the Small Time Frame trend line the line will turn green. As price action develops it will make repeated attempts to test the Small Time Frame support. Once the price is below the Small Time Frame trend line , the line will turn red and can act as resistance in a trend reversal. When price is granted support by the Large Time Frame trend line the line will turn cyan. As price action develops it will make repeated attempts to test the Large Time Frame support. Once the price is below the Large Time Frame trend line , the line will turn orange and can act as resistance in a trend reversal. The Titan Body enabled and customized in the indicator’s style settings, Alert indicators DMT Autobot Dragonfly Edition generates signals that can be used to scalp trade a volatile asset. Signals are enabled and customized in the indicator’s input settings Additional options can be found in the options, but it is recommended that these are left at the default, as shown below. The indicator generates many Entry and Profit levels can be disabled or customized in the indicator’s style settings, Tradingview Alerts Using Tradingview alerts, DMT Autobot Dragonfly signals can be used to trigger a trading bot. To trigger a long or short position, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the long or short option. It is recommended that long or short positions are configured to trigger Once Per Bar Close Ladders can also be triggered using alerts. To trigger a ladder order, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the appropriate Long or Short ADD option that is to be triggered by the relevant values defined in the indicator’s configuration. It is recommended that ladder orders are configured to trigger Once Per Bar, To trigger a take profit order, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the Long or Short TP option that is to be triggered by the relevant values defined in the indicator’s configuration. Take profit orders can be configured as Once Per Bar Close or Once Per Minute. If you wish to trigger a take profit signal immediately when the indicator’s defined take profit value is achieved, then use the Once Per Bar option. Selecting Once Per Bar Close to generate a take profit signal is a gamble as the candle may close far away from the defined profit target – positive or negative. While stops can be used, they are not applicable to the recommended ladder strategy. Ladder Strategy The DMT Autobot Dragonfly indicator always turns an underwater position into a win by utilizing a ladder strategy. By using the recommended defaults, the indicator will trigger ladder orders at 3%, 6% & 9% using increasing order sizes, Order sizes increase exponentially to ensure a good average price is maintained. If you are not using DMT Autobot Dragonfly signals to trigger ladder or take profit orders, please ensure your trading bot is configured to recalculate the new ladder entry and profit target based on the new average position entry price as each ladder is filled. If you are using DMT Autobot Dragonfly on a leveraged asset, please ensure the leverage position is configured suitably so that your position is not liquidated if the price rapidly moves against you. If u are looking for more information or access to the script please private msg me in trading view chat thx for support
Pine Script® indicator
by AppTradingRobots
4
DMT 369 DRAGRONFLY STRATSuccessful traders trade with a fixed plan and without emotion, but this a lot harder than many new traders think. Many never master this skill and suffer continual drawdowns on their accounts as they overtrade high leverage positions in volatile markets. ĐΜŦ Autobot resolves this issue by taking the human element out of the equation, allowing full automation of trades using TradingView alerts to trigger your favourite trading bot, such as Alertatron or 3Commas. Being a Trend Reversal Indicator based on Volatility & Average True Range, ĐΜŦ Autobot is designed to identify spots in the market that offer suitable scalp and swing trade opportunities. Due to popular demand we have expanded our ĐΜŦ Autobot product line to include the new ĐΜŦ Autobot Dragonfly 3-6-9 Edition which combines DMT with 3-6-9 Vortex mathematics, our Titan indicator and a multi-ladder scalping strategy to ensure you maintain a preferable average entry when price action moves against your position. Indicator View It its default state the DMT Autobot Dragonfly indicator displays key signal information, such as: • Support & resistance range lines • Titan Body Small & Large Time Frame lines • Long & Short entry positions • Long & Short position ladders • Profit targets Dragonfly displays a range between resistance (upper line) and support (lower line) on the chart. Once the price is granted support in the range the lower line will turn green. As price action develops it will make repeated attempts to test support. If support holds price will attempt to test the resistance line (red). When resistance is broken and the price is above the upper line, the line will turn blue confirming the bullish momentum and provide a potential buy opportunity. Price action will make attempts to test the upper line as support and will keep rising while support is granted. Once support is lost the upper line will become red once more. As price action develops it will make repeated attempts to test resistance. If resistance holds, the price will attempt to test the support line (green). When support is broken and the price goes below the lower line, the line will turn red confirming the bearish momentum and provide a potential selling opportunity. Price action will make attempts to test the lower line as resistance and will keep dropping while resistance is granted. Titan Body The Titan Body Small & Large time frame options in the indicator add additional trendlines to the chart to provide further clarity and confirmation to the Support & Resistance range indication. Once price is granted support by the Small Time Frame trend line the line will turn green. As price action develops it will make repeated attempts to test the Small Time Frame support. Once the price is below the Small Time Frame trend line, the line will turn red and can act as resistance in a trend reversal. When price is granted support by the Large Time Frame trend line the line will turn cyan. As price action develops it will make repeated attempts to test the Large Time Frame support. Once the price is below the Large Time Frame trend line, the line will turn orange and can act as resistance in a trend reversal. The Titan Body enabled and customized in the indicator’s style settings, Alert indicators DMT Autobot Dragonfly Edition generates signals that can be used to scalp trade a volatile asset. Signals are enabled and customized in the indicator’s input settings Additional options can be found in the options, but it is recommended that these are left at the default, as shown below. The indicator generates many Entry and Profit levels can be disabled or customized in the indicator’s style settings, Tradingview Alerts Using Tradingview alerts, DMT Autobot Dragonfly signals can be used to trigger a trading bot. To trigger a long or short position, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the long or short option. It is recommended that long or short positions are configured to trigger Once Per Bar Close Ladders can also be triggered using alerts. To trigger a ladder order, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the appropriate Long or Short ADD option that is to be triggered by the relevant values defined in the indicator’s configuration. It is recommended that ladder orders are configured to trigger Once Per Bar, To trigger a take profit order, set the Tradingview Alert Condition to DMT 369 Dragonfly and select the Long or Short TP option that is to be triggered by the relevant values defined in the indicator’s configuration. Take profit orders can be configured as Once Per Bar Close or Once Per Minute. If you wish to trigger a take profit signal immediately when the indicator’s defined take profit value is achieved, then use the Once Per Bar option. Selecting Once Per Bar Close to generate a take profit signal is a gamble as the candle may close far away from the defined profit target – positive or negative. While stops can be used, they are not applicable to the recommended ladder strategy. Ladder Strategy The DMT Autobot Dragonfly indicator always turns an underwater position into a win by utilizing a ladder strategy. By using the recommended defaults, the indicator will trigger ladder orders at 3%, 6% & 9% using increasing order sizes, Order sizes increase exponentially to ensure a good average price is maintained. If you are not using DMT Autobot Dragonfly signals to trigger ladder or take profit orders, please ensure your trading bot is configured to recalculate the new ladder entry and profit target based on the new average position entry price as each ladder is filled. If you are using DMT Autobot Dragonfly on a leveraged asset, please ensure the leverage position is configured suitably so that your position is not liquidated if the price rapidly moves against you. If u are looking for more information or access to the script please private msg me in trading view chat thx for support
Pine Script® strategy
by AppTradingRobots
3
DCA CalculatorDollar Cost Averaging (DCA) is a strategy used to invest fixed amounts of money over given time intervals. It is typically used to grow an asset over time, while also reducing the risk that comes with volatility of the market. This script was made to help make it easier to calculate Take Profit (%) when using Safety Orders on 3Commas. By using safety orders you can average down your initial investment which in turn brings down your Profit Target. A couple of the settings should look familiar if you've used 3Commas Bots before. Input Settings Bot Type: Select whether you are using a "Long" or "Short" bot. Entry Price: Set this to your positions initial Entry Price. Take Profit (%): Set this to the profit percent you are targeting. Base Order Size: Order amount of your initial Entry. Safety Order Size: Order amount of your first Safety Order. Price Deviation (%): Step in percent from your initial order. This will be the deviation % of your first safety order Safety Trades Count: Total number of safety orders to be used. Max value is currently 10. Volume Scale: Volume of each additional safety order is multiplied by this value. Step Scale: Step between each additional safety order is multiplied by this value. Trading Fee (%): A fee is applied for each order that gets placed, then the total of those fees is added to the Take Profit (%). The trading fee depends on your exchange, but is typically between (0.1 to 0.15%). Manual Safety Orders: For the manual safety orders, the checkbox will enable that specific safety order. You can set the "Entry Price" and "Order Size" of each one individually.
Pine Script® indicator
by QnzLAMBONE
10
M4x Rainbow V4i strat LINK-USDTGRID & TREND Multiplier Experiment // "M4x Rainbow" is a Strategy Grid Trend Multiplier bot, who is following the trend. // I built it as an experimental tool with Strategy implemented, even if that numbers are far out...! // Because.....it not only depends on the bot setup, the timings of the TradingBot (eg.3Commas) are very relevant too! // Like amount of Trades, Security Orders, Deviation and so on... // Please feedback your experience with a Comment , as I would like to improve this bot. // Updates will follow ;-) // // "M4x Rainbow" is not bound on FIFO, each trade get's his own exit. // It is set for Pyramiding, which can be changed in the "Strategy" line // Fees are set equal to Binance numbers at 0.1%, about... // The coloring of the lines is: // // green = linestate is LONG // blue = linestate is WAIT // yellow = linestate is SHORT // // Give it a try and let me know. // // ...have fun ;-)
Pine Script® strategy
by Prospector136
5
M4x FIB-o-matic V3.6M4x is a combination of RSI and Fibonacci components, set up with fixed values, so no worries about "original" settings... Recommendet Bot settings: - use one short and one long bot - take profit 0.5% - 6 simul trades - 3 security orders, VolScale 1.5, StepScale 1.4 - Deviation 0.35% - cooldown 780sec Alerts: - aproved Buy - aproved Sell - heartbeat (..check if Script is running. Gives you the possibility to get an alive Signal every minute) (With a few "input" M4x can be changed into a highly configurable Signal Generator with menus.) ...tested successful with BTC-ETH, gl ;-)
Pine Script® indicator
by Prospector136
13
Forex levrage 1 minOk this is more complex code the scanner system that why I protected it so folks will not abuse it . this system have no repaint as no security attach to mtf the problem with the scanner system that it only long system ,if you stuck in a loop you cannot get out of it unless a new win trade will start. this can be catastrophe if we use leverage system as it will destroy our all account. in the scanner system one can use stop loss but it will reduce profit very much.so that will be the exit . and there is no way for short. in this system which is based on the scanner system you do short. you can still use stop loss or exit by short so since forex go by pairs. if the strategy of long does not work then flip sides for the longs neaning oposite coin. or short it. this sytem allow you to use leverge and see by test how to calculate your best way to enter a levrage . since it 1 min I set it to take profit as 0.2,0,0.4 0.5 and 0.7 . and to take 25% each time . if you are familar with scanner system then it will easy to navigate with this one as well the exit system you can see min time. HTF and candle time. the HTF is on the frame that we use . try to play either with minute time or candle time to get better results this sytem great for coins that are going up. so beaware of this issue if you have questions please let me know the levrage is set to 100% of your lot at 1 X in real life I use 10% of my lot and then i put any leverage that i want depend on the strategy that I use so be aware of this fact this system buy and sell in avreage 800-1500 min cycle so about a day or so to get our profit out of it. you can use it as advisor not as bot and then you decide by your self where the best exit need to be. take this sytem only as helper for your forex trades there is no subsitution for common sense..that a bot can never give you. so be carfull with the money that you risk
Pine Script® strategy
by RafaelZioni
3
Crypto 1 hourSimilar to indicator stock 4 hour this bot design for crypto 1 hour chart (i find this time frame as the best one for it) two versions of operation 1. non repainted as suggested by pine coders LucF 2. the other one is repainted with my supress repaint mechanism the repainted version work fine but be aware that repaint may occur so it not perfect if you decide to use the repainted one just know it not perfect even if i try my best to remove all repaint issue alerts included one way to check for repainting signals is by using bar repaly the other way to see is to convert from repaint mode to unrepaint mode if signal move 1 mtf forwrd and stay by similar order you saw before ' you can say that it was a true signal normaly when we do this the repaint ones need to dissaper when we covert them to non repaint mode if they move 1 mtf ahead then they were true when they were on the unrepainted version system is very similar to ECG MACD strategy with some minor changes that I made in the buy and sell but this not so imprtant . the daily candels are non repainting MTF candles. it just to make the atudy more preety . but it has no relation to buy and sell operation The way i sugeest to use the repainted model is not automatic since there is repaint sometime i suggest to use semi automatic mode meaning the algo send alert . you just need manualy to check if the alert was true or not since it buy and sell very slowly ,you have enough time to enter trades manualy for it. if you find this manuver not needed and it working fine live . only if you are sure in that then move this indicator to act as real bot and make it full automatic why i use repaint mode? becosue the correction of repaint move the signal 1 mtf ahead. so most of time the repainted version send signals at more true postition. sometime due to repaint which can be we may get bad signal. but overall the system us design to work better at repaint mode. so let me know what you think in future i will try to make my anti repaint system to ne better I hope:) ? so be wise when you put your money to something. use your decision wisely treat this indicator as helper but it your job to monitor when there is a repaint or not..
Pine Script® indicator
by RafaelZioni
9
LoFi Trend Version 1.0Lofi Trend v. 1.1 - confirmation to be used with Lofi Trend. (version 4.0 pine) The goal of this indicator is to plot rsi , ema values on any chart. You can also adjust it for larger time frames. Repainting issues have been fixed and updated to pine version 4.0 The script is currently under development and additional updates will be added based on performance from a 24/7 active bot that is using this on 1hr, 4hr, 12hr and daily time frames. The output may vary slightly between different chart time frames for the same indicator settings. This is an "Invite Only" script. Contact me for details. User Interface/Detail Description: - Green Bar= Buy - Red BAR = Sell This indicator can be easily used with popular bot trading platforms. Feel free to contact me for details. Can be used for all Charts
Pine Script® indicator
by LoFiTrading
4
LoFi EMA version 1.3aLoFi EMA version 1.3a The goal of this indicator is to plot rsi , ema values on any chart. You can also adjust it for larger time frames. Repainting issues have been fixed and updated to pine version 4.0 The script is currently under development and additional updates will be added based on performance from a 24/7 active bot that is using this on 1hr, 4hr, 12hr and daily time frames. This can also be used for degen trading on the 2 min chart. The output may vary slightly between different chart time frames for the same indicator settings. This is an "Invite Only" script. Contact me for details. User Interface/Detail Description: - Green Bar= Buy - Red BAR = Sell This indicator can be easily used with popular bot trading platforms. Feel free to contact me for details. Can be used for all Charts Basic Entry Chart Layout: BITMEX: BITCOIN: FOREX: LEGACY:/ STOCKS:
Pine Script® indicator
by LoFiTrading
2
LUBEThis is a chart meant for 30m BTCUSD but could be used for many other assets, and there are inputs to play with. I decided on the strange title "LUBE" because I was measuring how many of the previous 500 bars had the current price level already been in. I wanted to discover when the price was in a new zone or an area that it hadn't spent much time in recently... the LUBE zone. Think of the blue line as showing you the current level friction. If the blue line is high, price is quagmired and not moving quickly. Price could trend sideways for a while before breaking out. A high blue line is a high traffic zone for trading. When the blue line dips low, it's encountering a price zone the asset has not been observed in recently, and this could mean price could break out and move more freely and quickly when it does. We get a trade entry signal if the blue line dips below the bottom white line. The bottom white line is currently set to -10. Think about the lowest the blue line has been recently as 0, and the highest as 100. It is set by default (for BTCUSD 30m chart) to -10 meaning the blue line has to dip a little (-10%) below the lowest it has experienced recently to initiate a trade. This is the LUBE zone. The bottom white line shows that level. Again this is a level lower than the lowest amount of friction experienced in price action for the last 100 bars, but offset by 5 bars showing where that level was at 5 bars ago. We want to dip below that to initiate a trade. The direction to trade in is determined by a very quick moving weighted moving average (variable name is "fir") to see if the recent trend is up or down. To end a trade, an arbitrary number between 0 and 100 is picked telling us when we are experiencing enough friction again to end the trade. I have it preset to 50 (think of it as 50/100 or half way between the white bars. At a 50% friction level it's time to get out of the trade. Some shortcomings are missing the bulk of big moves, and experiencing whipsaws where price action zips up and then comes straight back down. Overall the backtest looks sweet enough to use on 2x leverage, experiencing a 17.78% max drawdown at the time of publishing. I wouldn't push the leverage any higher. To get alerts change the word "strategy" to "study" and delete lines 60-67. Bot traders using alerts: beware the alert conditions. If a trade goes directly from long to short (which happens rarely), without closing a trade first, it might not act properly. If you use bots to trade, for "LONG" please close any old trades first before putting in instructions to open a leveraged long. To go "SHORT" please remember to close any old trade first as well, and things *should* work out just fine. Good luck, have fun, and feel free to mess up and butcher this code to your own liking. I'm not responsible if anything bad that happens to you if you use this trading system, or for any bugs you may encounter.
Pine Script® strategy
by Jomy
26