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Karkadann

Karkadann is an indicator derived from a Naberius trading algorithm. It represents a medium ground between our two other algorithms Mammon and Malphas.
It detects the current trend ranges in the market and prints a suggested entry accordingly at assumed trend channel tops & bottoms upon encountering stalled out price action usually indicative of a retracement. As such, Karakadann can be traded on nearly any timeframe.
This algorithm was developed to trade primarily leveraged XBT; however, after exploring larger alt coins and the more traditional markets outside of cryptocurrency we found that Karkadann does better than the average trader regardless of the pair or ticker being traded at the time. Any core changes to the live trading algorithm will be added to this indicator as they are deployed.
Suggested Methods of Operation:
1. Buy and Sell signals represent a possible trading opportunity. Based on our testing, manual traders should use the 15m - 60m for scalping and 240m - 1D for larger swings.
2. Upon signal print, place your limit orders spread throughout the current candles total body range. DO NOT MARKET IN. DO NOT CHASE. If the limit orders don't fill within the following candle regardless of timeframe being traded remove them and re-evaluate.
3. Use standard candles. Heikin Ashi candles are ok but can be deceiving in times of localized price volatility
4. Trade the trend or wait for extreme price action, counter to the trend, to take up positions.
It detects the current trend ranges in the market and prints a suggested entry accordingly at assumed trend channel tops & bottoms upon encountering stalled out price action usually indicative of a retracement. As such, Karakadann can be traded on nearly any timeframe.
This algorithm was developed to trade primarily leveraged XBT; however, after exploring larger alt coins and the more traditional markets outside of cryptocurrency we found that Karkadann does better than the average trader regardless of the pair or ticker being traded at the time. Any core changes to the live trading algorithm will be added to this indicator as they are deployed.
Suggested Methods of Operation:
1. Buy and Sell signals represent a possible trading opportunity. Based on our testing, manual traders should use the 15m - 60m for scalping and 240m - 1D for larger swings.
2. Upon signal print, place your limit orders spread throughout the current candles total body range. DO NOT MARKET IN. DO NOT CHASE. If the limit orders don't fill within the following candle regardless of timeframe being traded remove them and re-evaluate.
3. Use standard candles. Heikin Ashi candles are ok but can be deceiving in times of localized price volatility
4. Trade the trend or wait for extreme price action, counter to the trend, to take up positions.
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作者的說明
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
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僅限邀請腳本
只有經作者批准的使用者才能訪問此腳本。您需要申請並獲得使用權限。該權限通常在付款後授予。如欲了解更多詳情,請依照以下作者的說明操作,或直接聯絡RickWriggler。
除非您完全信任其作者並了解腳本的工作原理,否則TradingView不建議您付費或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
提醒:在請求訪問權限之前,請閱讀僅限邀請腳本指南。
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。