Use this strategy to understand when the trend may shift and then use it to stay in the trends longer
simple strat
Buy when it says BULL in BLUE Short when it says BEAR in RED
you may close your orders when it says to in PURPLE but unneeded if you want
You can adjust the stop which affects the scripts performance You may also change from a Long to a Short line but the standard has proven to be the best overall
Let Trendaid guide you to riches
this was primarily designed for #forex but can be used in any market including #crypto
get access by joining the #CCV trading family by visiting the link below
- Cheers SatoshiHeavy Market analyst for CCV Trading
I Also changed one variable i think helped make the algo quicker :)
Cheers!
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Better losing calls that opt for a better percent profitable
This strategy is now using logic that has the H1 T-line and the H4 T-line on just the H1 chart
Essentially i found the ratio between the H1 T-line and the H4 T-line and multiplied the original formula of the T-line by the ratio then placed that on the chart. if you trace the H4 T-Line it will mirror the T-Line that was multiplied by the ratio
I found the ratio by the difference between the slope of 1 point to another vs the slope of the H4 chart to the same points
H1 and H10 chart seem to be the best but i can see someone using the m15 to success
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New variables for better accuracy and less of a drawdown
To be used in conjunction with SRSI (Satoshi RSI)
Can be used as an end all be all strategy !
But to lesson the max draw-down on volatile final moves use SRSI divergence and crossover rules to aid TrendAID bias
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added the D1 13 TrendAID (step line)
Added the D1 open, high, low.
Added the w1 open
Tips how to use this
PA below the open = shorts of interest PA above the open = longs of interest
When Price breaks the high or low it usually moves pretty fast after.
D1 13TredAID is just used for confluence and isnt needed on the chart per say.
CHEERS
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added the monthly open and also a variable time frame TrendAID
You can have any time frame TrendAID on any chart
so you can have the H4 TrendAID on the m5 chart and so forth!
helps with trend trading!
labels are in MINUTES
60= H1 180= H2 240= H4 D= D1 W= W1 M= M1
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Added Weekly RANGE
NOTE
the D high and D low are RANGES just zones where liquidity lies. SO if PA is over D1 open and then gets over the D1 High then usually price moves QUICK. Vice versa for the short side
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Took away an unneeded variable and also added some back end functional changes that made for a better algo. Same rules apply !