Babypips: Inside Bar Momentum StrategyThe strategy contained in this post comes courtesy of babypips (.com), an excellent resource for all thing forex related. If you are new to trading, the site is definitely worth checking out!
Code commentary and an introduction to Inside Bars are available for this post on the Backtest-Rookies (.com) website.
Note: If you are interested in custom development services, please check out our services page on the Backtest-Rookies site.
Strategy Overview
Inside Bar Momentum Strategy.
Inside Bar Detection
Position sizing based on stoploss distance ( Note: Based on equity and assumes that the account currency is the counter currency.
Stop buys for entries
Takeprofit / Stoplosses for exits
Control Stopbuy, Takeprofit and Stoploss targets with inputs
Control Backtest start/end dates
K線分析
BAHbO - multi indicators and signals SMA,BB,RSI,Engulfing,Signal4 SMAs - 9,21,55,200
Bollinger Bands - 21
Engulfing patterns
Fractal Support Resistance
Bullish and Bearish Engulfing signals
Engulfing Candles
Bollinger Bands + RSI combined indicator with signals
RSI Swing SignalThis indicator is a tool designed to be used with Steven Hart's RSI Exhaustion strategy. For more information google TheTradingChannel or look him up on YouTube :)
The default RSI settings for this strategy are:
RSI Overbought: 80
RSI Oversold: 20
Length: 7
When the RSI gets above 80, the line will turn red and the script will begin looking for a specific type of engulfing candle to go short. The same is true when the RSI gets below 20, but the line will turn green and look for longs. It is best used as a back-testing aid, but it can also be used to send emails or SMS alerts whenever the conditions are met. It can also be used as an alternative colored RSI indicator by removing the signals in the settings menu and changing the RSI parameters to whatever you normally use. This can aid in RSI divergence and overbought/sold strategies.
Entries:
The bright green and bright red lines represent the first type of engulfing candle.
The dark green and red lines represent the second type of engulfing candle.
Some pairs perform best with only one of these entries, while others work fine with both.
This is a counter-trend or consolidation strategy, and is best used in combination with trend-continuation or trend-following strategies. As always, make sure you back-test it before you use it to trade as it works better on some pairs than others.
XBTUSD & BTCUSD for Left AxisThis script displays the price of XBTUSD and BTCUSD on the chart.
If you are displaying FXBTCJPY, I recommend you use on the left axis.
XBTUSD & BTCUSD by JPYBTC price converted to JPY is displayed.
The BTC price converted to JPY is displayed.
CandlesThe default script has: Doji , Bearish Harami, Bullish Harami, Bearish Engulfing , Bullish Engulfing , Piercing Line, Bullish Belt, Bullish Kicker, and Bearish Kicker. The Piercing Line, Bullish Belt, and the Kickers will usually show up better in the daily charts
Small candle indicatorI've modified the original script by Wiscodish to show any candle that's smaller than the median of the previous 10 as green. As soon as it crosses the median point it'll change colour to gray.
I've also added a horizontal line where the median is so you can see how close the candle is to becoming large.
Double Inside Bar FinderHighlights in blue when an inside bar follows an inside bar. Double inside bars (when used on the daily timeframe) are a way of easily finding equilibrium patterns (i.e. pennant shaped price action) on lower time frames. There is usually a strong move in whatever direction these patterns break, so good to have alerts set up for your favourite markets.
BTC Futures Settlement Dates - Life Zoltar InvestingThis is a TradingView script to map out the BTC Futures Settlement Dates. There was one floating around the internet but it was old and wasn’t updated. I took that, changed up the code and created this. Orange is CBOE and Blue is CME. You’ll notice shortly after the highlighted closed date, BTC starts to trend upwards.
Data from the below:
CBOE: cfe.cboe.com
CME: www.cmegroup.com
Data Gap DetectionThis simple script checks for data gaps in an intra-day TradingView chart. I have found that BitMEX 1-minute data is coming in rather holey lately, so I wrote this just to see how prevalent the problem is. It should work on any intra-day timeframe, not just 1-minute.
V1: initial release.
John Carter's Buy/Sell Scalper V2After a couple adjustments, double signals are now being ignore.
Here's how this script works:
Based entirely on a John Carter scalping setup, a candle will be painted purple if the next two closes are in a opposite direction of the past trend.
Green triangles indicates that the reversal is bullish, red triangles indicates that the reversal is bearish. Both are entry/exit points if you want to follow this set up.
Personally, I find this setup to work best in trending days, but it does a great job on choppy days if you use it as a confirmation.
