OPEN-SOURCE SCRIPT
Strategy with DI+/DI-, ADX, RSI, MACD, EMA + Time Stop [EXP. 1]
Strategy Overview
This is an experimental trend-following strategy combining directional movement indicators, momentum filters, and time-based exits. Built for low timeframes like BTCUSDT 5m, it aims to detect clean directional setups while managing risk tightly.
Indicator Components
• DI+/DI- + ADX – Confirms trend direction and strength
• RSI (14) – Momentum filter (entries only if RSI > 55 or < 45)
• MACD Histogram – Confirms momentum shift in signal direction
• Candle Body % Filter – Screens for strong price commitment bars
• EMA 600 & EMA 2400 – Defines long-term trend alignment
• Time-Based Stop – Closes trade if it doesn’t move 0.75% in 85 bars
• Reward:Risk – 1% stop-loss, 7.5:1 reward-to-risk
• One Trade per EMA Cross – Only trades first valid signal per trend shift
Entry Logic
Long Entry:
• DI+ crosses above DI−
• RSI > 55
• MACD histogram > 0
• Strong bullish candle
• EMA600 > EMA2400
• Occurs within 25 bars of an EMA crossover
Short Entry:
• DI+ crosses below DI−
• RSI < 45
• MACD histogram < 0
• Strong bearish candle
• EMA2400 > EMA600
• Occurs within 25 bars of an EMA crossover
Exit Logic
• Stop-loss: 1% from entry
• Take-profit: 7.5x risk
• Time-stop: Trade closed if price doesn’t move 0.75% in 85 bars
Testing Parameters
• Initial Capital: $10,000
• Commission: 0.04% per trade
• Timeframe: 5-minute
• Tested on: BTCUSDT
• ⚠️ Early-stage strategy — trade count may be low depending on market context. This is shared for educational use and community feedback.
Notes
• This script is experimental and educational
• Please forward-test in a demo environment before using it live
• Open-source for learning and improvement — contributions welcome!
This is an experimental trend-following strategy combining directional movement indicators, momentum filters, and time-based exits. Built for low timeframes like BTCUSDT 5m, it aims to detect clean directional setups while managing risk tightly.
Indicator Components
• DI+/DI- + ADX – Confirms trend direction and strength
• RSI (14) – Momentum filter (entries only if RSI > 55 or < 45)
• MACD Histogram – Confirms momentum shift in signal direction
• Candle Body % Filter – Screens for strong price commitment bars
• EMA 600 & EMA 2400 – Defines long-term trend alignment
• Time-Based Stop – Closes trade if it doesn’t move 0.75% in 85 bars
• Reward:Risk – 1% stop-loss, 7.5:1 reward-to-risk
• One Trade per EMA Cross – Only trades first valid signal per trend shift
Entry Logic
Long Entry:
• DI+ crosses above DI−
• RSI > 55
• MACD histogram > 0
• Strong bullish candle
• EMA600 > EMA2400
• Occurs within 25 bars of an EMA crossover
Short Entry:
• DI+ crosses below DI−
• RSI < 45
• MACD histogram < 0
• Strong bearish candle
• EMA2400 > EMA600
• Occurs within 25 bars of an EMA crossover
Exit Logic
• Stop-loss: 1% from entry
• Take-profit: 7.5x risk
• Time-stop: Trade closed if price doesn’t move 0.75% in 85 bars
Testing Parameters
• Initial Capital: $10,000
• Commission: 0.04% per trade
• Timeframe: 5-minute
• Tested on: BTCUSDT
• ⚠️ Early-stage strategy — trade count may be low depending on market context. This is shared for educational use and community feedback.
Notes
• This script is experimental and educational
• Please forward-test in a demo environment before using it live
• Open-source for learning and improvement — contributions welcome!
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。