Estrategia Larry Connors [JoseMetal]============
ENGLISH
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- Description:
This strategy is based on the original Larry Connors strategy, using 2 SMAs and RSI.
The strategy has been optimized for better total profit and works better on 4H (tested on BTCUSDT).
LONG:
Price must be ABOVE the slow SMA.
When a candle closes in RSI oversold area, the next candle closes out of the oversold area and the closing price is BELOW the fast SMA = open LONG.
LONG is closed when a candle closes ABOVE the fast SMA.
SHORT:
Price must be BELOW the slow SMA.
When a candle closes in RSI overbought area, the next candle closes out of the overbought area and the closing price is ABOVE the fast SMA = open SHORT.
SHORT is closed when a candle closes BELOW the fast SMA.
*Larry Connor's strategy does NOT use a fixed Stop Loss or Take Profit, as he said, that reduces performance significantly.
- Visual:
Both SMAs (fast and slow) are shown in the chart.
By default, the fast SMA is aqua color, the slow changes between green and red depending on the "trend" (price over slow SMA = bullish, below = bearish).
RSI can't be shown because TradingView doesn't allow to show both overlay and panel indicators, so candles get a RED color when RSI is in OVERBOUGHT area and GREEN when they're on OVERSOLD area to help with that.
Background is colored when conditions are met and a position is going to be open, green for LONGs red for SHORTs.
- Usage and recommendations:
As this is a coded strategy, you don't even have to check for indicators, just open and close trades as the strategy shows.
The original strategy uses a 5 period SMA instead of the 10, and 10/90 for oversold/overbought levels, this has been optimized after the testings and results but feel free to change settings and test by yourself.
Also, the original strategy was developed for daily, but seems to work better en 4H.
- Customization:
As usual I like to make as many aspects of my indicators/strategies customizable, indicators, colors etc., feel free to ask if you feel that something that should be configurable is missing or if you have any ideas to optimize the strategy.
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ESPAÑOL
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- Descripción:
Esta estrategia está basada en la estrategia original de Larry Connors, utilizando 2 SMAs y RSI.
La estrategia ha sido optimizada para un mejor beneficio total y funciona mejor en 4H (probado en BTCUSDT).
LONG:
El precio debe estar por encima de la SMA lenta.
Cuando una vela cierra en la zona de sobreventa del RSI, la siguiente vela cierra fuera de la zona de sobreventa y el precio de cierre está POR DEBAJO de la SMA rápida = abre LONG.
Se cierra cuando una vela cierra POR ENCIMA de la SMA rápida.
SHORT:
El precio debe estar POR DEBAJO de la SMA lenta.
Cuando una vela cierra en la zona de sobrecompra del RSI, la siguiente vela cierra fuera de la zona de sobrecompra y el precio de cierre está POR ENCIMA de la SMA rápida = abre SHORT.
Se cierra cuando una vela cierra POR DEBAJO de la SMA rápida.
*La estrategia de Larry Connor NO utiliza un Stop Loss o Take Profit fijo, como él dijo, eso reduce el rendimiento significativamente.
- Visual:
Ambas SMAs (rápida y lenta) se muestran en el gráfico.
Por defecto, la SMA rápida es de color aqua, la lenta cambia entre verde y rojo dependiendo de la "tendencia" (precio por encima de la SMA lenta = alcista, por debajo = bajista).
El RSI no puede mostrarse porque TradingView no permite mostrar tanto los indicadores superpuestos como los del panel, así que las velas obtienen un color ROJO cuando el RSI está en el área de SOBRECOMPRA y VERDE cuando están en el área de VENTA para ayudar a ello.
El fondo se colorea cuando se cumplen las condiciones y se va a abrir una posición, verde para LONGs rojo para SHORTs.
- Uso y recomendaciones:
Como se trata de una estrategia ya programada, ni siquiera hay que comprobar los indicadores, sólo hay que abrir y cerrar las operaciones tal y como muestra la estrategia en el gráfico.
La estrategia original utiliza una SMA de 5 periodos en lugar de 10, y 10/90 para los niveles de sobreventa/sobrecompra, esto ha sido optimizado después de las pruebas y los resultados, pero sé libre de cambiar la configuración y probarla por sí mismo.
Además, la estrategia original fue desarrollada para diario, pero parece funcionar mejor en 4H.
- Personalización:
Como siempre me gusta hacer personalizables todos los aspectos de mis indicadores/estrategias, indicadores, colores, etc., preguntar si notas que falta algo que debería ser configurable o si tienes alguna idea para optimizar la estrategia.
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TWAP + MA crossover Strategy [Dynamic Signal Lab]Dear TV'ers,
Hereby the strategy script for the TWAP/moving average crossover, with unique taking profit options. moving averages include: EMA , WMA , DEMA , TEMA , VAR, WWMA, ZLEMA , TSF , HULL and TILL.
Use the TWAP as the slow moving average and use another moving average as the faster/more responsive moving average. Finally, you can use a green fill to visualize how much you are in profit from your entry point.
Good strategies always involve gradual taking profit, which is also possible in this script.
You can gradually take profit (and set how much%), using the following criteria:
* minimum consecutive green/red candles
* minimum amount of green/red candles in the last 2-8 candles
* both of the above criteria.
The current default properties should be modified to make this strategy cost-effective, but typically 15minutes and higher timeframes (up to 6hr) seem to work well for larger (top10 cap) crypto projects. Don't use this script for small-caps as it will get you rekt.
Additionally, you'll also be able to continuously take profit, making sure you lock in all those sweet profits. Use this script for backtesting and the indicator compagnon to fire your alerts.
MACD Willy StrategyThis strategy is mainly developed for scalping / intraday trading. It could potentially be used to identify entry/exit signals for short term options trading. It performs decently well on popular stocks when used on time frames between 5 min to 15 min using regular session bar data. It combines 3 popular indicators, EMA, MACD, and William %range, to generate both long and short signals.
EMA:
Default is 200 EMA line.
MACD:
Default is 12/26 lengths for fast/slow signal inputs.
William %R - Smoothed (Published):
This is a custom indicator that generates two moving average lines from the original William %R line.
How it works:
Entry conditions:
1. Long/short entries when bar closes above/below EMA line
2. Long/short entries when MACD line is above/below signal line (histogram > 0 for long, < 0 for short)
3. Long/short entries when William %R fast MA line is above/below slow MA line
Exit conditions:
1. Exit long when MACD line is below signal line, vise versa for exit short
2. Exit long when William %R fast MA line is below slow MA line, vise versa for exit short
3. Exit long when William %R fast MA line must in below the overbought (-20) limit, exit short when above the oversold (-80) limit.
***Note that parameters are NOT optimized for any particular stocks / instruments.
Enjoy~~!!
Stochastic Moving AverageHi all,
This Strategy script combines the power of EMAs along with the Stochastic Oscillator in a trend following / continuation manner, along with some cool functionalities.
I designed this script especially for trading altcoins, but it works just as good on Bitcoin itself and on some Forex pairs.
______ SIGNALS ______
The script has 4 mandatory conditions to unlock a trading signal. Find these conditions for a long trade below (works the exact other way round for shorts)
- Fast EMA must be higher than Slow EMA
- Stochastic K% line must be in oversold territory
- Stochastic K% line must cross over Stochastic D% line
- Price as to close between slow EMA and fast EMA
Once all the conditions are true, a trade will start at the opening of the next
______ SETTINGS ______
- Trade Setup:
Here you can choose to trade only longs or shorts and change your Risk:Reward.
You can also decide to adjust your volume per position according to your risk tolerance. With “% of Equity” your stop loss will always be equal to a fixed percentage of your initial capital (will “compound” overtime) and with “$ Amount” your stop loss will always be 'x' amount of the base currency (ex: USD, will not compound)
Stop Loss:
The ATR is used to create a stop loss that matches current volatility. The multiplier corresponds to how many times the ATR stop losses and take profits will be away from closing price.
- Stochastic:
Here you can find the usual K% & D% length and overbought (OB) and oversold (OS) levels.
The “Stochastic OB/OS lookback” increase the tolerance towards OB/OS territories. It allows to look 'x' bars back for a value of the Stochastic K line to be overbought or oversold when detecting an entry signal.
The “All must be OB/OS” refers to the previous “Stochastic OB/OS lookback” parameter. If this option is ticked, instead of needing only 1 OB/OS value within the lookback period to get a valid signal, now, all bars looked back must be OB/OS.
The color gradient drawn between the fast and slow EMAs is a representation of the Stochastic K% line position. With default setting colors, when fast EMA > slow EMA, gradient will become solid blue when Stochastic is oversold and when slow EMA > fast EMA, gradient will become solid blue when Stochastic is overbought
- EMAs:
Just pick your favorite ones
- Reference Market:
An additional filter to be certain to stay aligned with the current a market index trend (in our case: Bitcoin). If selected reference market (and timeframe) is trading above selected EMA, this strategy will only take long trades (vice-versa for shorts) Because, let’s face it… even if this filter isn’t bulletproof, you know for sure that when Bitcoin tanks, there won’t be many Alts going north simultaneously. Once again, this is a trend following strategy.
A few tips for increased performance: fast EMA and D% Line can be real fast… 😉
As always, my scripts evolve greatly with your ideas and suggestions, keep them coming! I will gladly incorporate more functionalities as I go.
All my script are tradable when published but remain work in progress, looking for further improvements.
Hope you like it!
Fukuiz Octa-EMA + Ichimoku (Strategy)This strategy is based EMA of 8 different period and Ichimoku Cloud which works better in 1hr 4hr and daily time frame.
#A brief introduction to Ichimoku #
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
#A brief introduction to EMA#
An exponential moving average ( EMA ) is a type of moving average (MA) that places a greater weight and significance on the most recent data points. The exponential moving average is also referred to as the exponentially weighted moving average . An exponentially weighted moving average reacts more significantly to recent price changes than a simple moving average ( SMA ), which applies an equal weight to all observations in the period.
#How to use#
The strategy will give entry points itself, you can monitor and take profit manually(recommended), or you can use the exit setup.
EMA (Color) = Bullish trend
EMA (Gray) = Bearish trend
#Condition#
Buy = All Ema (color) above the cloud.
SELL= All Ema turn to gray color.
Dynamic length MA Strategy [Dynamic Signal Lab]Dear TV'ers,
Hereby the strategy for the dynamic moving average crossover, with some flexible taking profit options.
All moving averages have the option to dynamically change lengths and different source options. They include:
* Hull MA
* volume-weighted Hull MA
* Simple MA
* Money Flow Index
* Chande Momentum Oscilator
* Arnaud Legoux MA
* Weighted MA
* Linear regression
What makes this strategy special is the fact that you can dynamically shorten the length of moving average length depending on how much you are in profit. The more you are in profit, the shorter the length of the MA will become.
The current default properties should be modified to make this strategy cost-effective, but typically 30minutes and higher timeframes seem to work well for larger (top10 cap) crypto projects. Dont use this script for small-caps as it will get you rekt.
Additionally, you'll also be able to continuously take profit, making sure you lock in all those sweet profits.
Use this script for doing backtesting and the indicator compagnon to fire your alerts.
3SMMA + Fractal Strategy [Kintsugi Trading]What is the 3SMMA + Fractal Strategy?
This premium indicator was inspired by my desire to find and place high probability forex trades in any market, direction, or time of day.
Why Forex?
The Forex markets operate 24 hours, 5.5 days a week
Access to meaningful leverage
Ability to easily trade long or short
High liquidity
How to use it!
----- First, start by choosing Breakout Additional PIP Size, Stop Additional PIP Size, and Target Profit (TP) PIP Size. -----
- Breakout Additional PIP Size = Additional PIPs beyond the default strategy entry point.
- Stop Additional PIP Size = The default stop is above/below the signal candle, depending on trade direction. This input allows the user to target more or less PIPs as a stopping-out point.
- Target Profit (TP) PIP Size = Number of PIPs set at a target profit.
----- Next, we set the Session Filter. -----
Set the Timezone and Trade Session you desire. If no specific session is desired, simply leave the box unchecked.
----- Next, we set the Length of the 3 Smoothed Moving Averages. -----
Enter the Desired Moving Average Length:
Length 1 - Source
Length 2 - Source
Length 3 - Source
These inputs will determine whether the strategy looks for Long or Short positions.
----- Next, we set the Fractal Periods. -----
This user input re-programs the strategy to only allow for 'n' number of lower or higher candles on either side of a fractal signal.
For example: If the user inputs "5" for the number of Periods, Fractal indicator signals will only appear on candles with "5" candles higher or lower on both sides of the signal candle.
In combination with the 3 Smoothed Moving Averages, the Fractal signals help us determine when to take a trade and in what direction.
The strategy is essentially looking for trades going with the overall trend and placing potential trades after a low has been reached and is re-tested in the overall trend direction.
----- Finally, we backtest our ideas. -----
After using the 'Strategy Tester' tab on TradingView to thoroughly backtest your predictions you are ready to take it to the next level - Automated Trading!
This was my whole reason for creating the script. If you work a full-time job, live in a time zone that is hard to trade, or just don't have the patience, this will be a game-changer for you as it was for me.
Auto-Trading
When it comes to auto-trading this strategy I have included two options in the script that utilize the alert messages generated by TradingView.
*Note: Please trade on a demo account until you feel comfortable enough to use real money, and then please stick to 1%-2% of your total account value in risk per trade.*
AutoView
PineConnector
Good luck with your trading!
Combo 2/20 EMA & Bill Awesome Oscillator (AC) This is combo strategies for get a cumulative signal.
First strategy
This indicator plots 2/20 exponential moving average. For the Mov
Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.
Second strategy
This indicator plots the oscillator as a histogram where blue denotes
periods suited for buying and red . for selling. If the current value
of AO (Awesome Oscillator) is above previous, the period is considered
suited for buying and the period is marked blue. If the AO value is not
above previous, the period is considered suited for selling and the
indicator marks it as red.
WARNING:
- For purpose educate only
- This script to change bars colors.
CCI + EMA with RSI Cross StrategyThis strategy uses the CCI + 2 RSIs + 2 EMAs to generate trade signals. Trades are only taken during the normal trading session and all open trades are closed 15 min before the close of the current session. A trailing stop loss is used and is customizable.
Not trading advice, use at your own risk.
Range Filter + MA Strategy [Kintsugi Trading]What is the Range Filter + MA Strategy?
This premium indicator was inspired by my desire to find and place high probability forex trades in any market, direction, or time of day.
Why Forex?
The Forex markets operate 24 hours, 5.5 days a week
Access to meaningful leverage
Ability to easily trade long or short
High liquidity
How to use it!
----- First, start by choosing a Risk/Reward Ratio and Stop PIP Size. -----
- Risk/Reward Ratio = If you have a .5 risk/reward, it means you are risking $100 to make $50.
- Stop PIP Size = How many PIPs will be representative of the max risk. i.e. - if you are risking $100 and you set the PIP stop to 10, that means 10 PIPs = $100.
----- Next, we set the Session Filter. -----
Set the Timezone and Trade Session you desire. If no specific session is desired, simply leave the box unchecked.
----- Next, we set the Moving Average Cloud. -----
Enter the Moving Average Type:
Simple Moving Average
Exponential Moving Average
Hull Moving Average
Weighted Moving Average
Smoothed Moving Average
Enter the fast and slow Moving Average Period.
These inputs will determine whether the strategy looks for Long or Short positions.
----- Next, we set the Range Filters. -----
In combination with the Moving Average Cloud, the Range Filter will help us determine when to take a trade and in what direction.
The strategy is essentially looking for small reversals going against the overall trend and placing a trade once that reversal ends and the price moves back in the direction of the overall trend.
The Range filter utilizes confirmation between two entirely separate Range Filter calculations (or set them both equal to use one).
Each Range Filter is completely customizable by:
Source Calculation (open, high, low, close, hl2, hlc3, ohlc4, hlcc4)
Sampling Period
Range Multiplier
----- Finally, we backtest our ideas. -----
After using the 'Strategy Tester' tab on TradingView to thoroughly backtest your predictions you are ready to take it to the next level - Automated Trading!
This was my whole reason for creating the script. If you work a full-time job, live in a time zone that is hard to trade, or just don't have the patience, this will be a game-changer for you as it was for me.
Auto-Trading
When it comes to auto-trading this strategy I have included two options in the script that utilize the alert messages generated by TradingView.
*Note: Please trade on a demo account until you feel comfortable enough to use real money, and then please stick to 1%-2% of your total account value in risk per trade.*
AutoView
PineConnector
Good luck with your trading!
Buy/Sell StratThis strategy will produce a buy or sell signal when the following criteria are met:
9 EMA crosses 21 EMA
Recently closed candlestick has 15% higher average volume than previous 5 candles
A candlestick reversal pattern
Price crosses 9 EMA
Feel free to use and modify as you see fit. Happy trading!
Session Breakout Strategy [Kintsugi Trading]What is Session Breakout Strategy?
This premium indicator was inspired by my desire to find and place high probability forex trades in any market, direction, or time of day.
Why Forex?
The Forex markets operate 24 hours, 5.5 days a week
Access to meaningful leverage
Ability to easily trade long or short
High liquidity
How to use it!
----- First, start by choosing a Range Session and Trade Session. -----
- Range Session = Period of time you believe will be predictive of future price action. I like to overlay 'FX Market Sessions' by boitoki to target timeframes in which forex market sessions overlap. This period is indicative of buyers and sellers battling it out in an effort to choose a direction.
- Trade Session = Period of time you believe the price will act on the information gathered from the range session.
----- Next, we filter the Range Session by information that will help further predict price movement in the Trade Session. -----
Our tools are:
Moving Average Filter
Average RSI Filter
RSI Decision Level
None
Each parameter is customizable.
----- Next, we set our risk. -----
Enter the "stop pip size' you desire.
Enter the 'target profit pip size' you desire.
We can set out ($) dollar risk-per-trade in the inputs. The script does not know your actual account balance, so if you want to risk $100/trade you would enter '$10,000' in the account balance section and '1' in the Risk Per Trade% section.
For example, an '8' stop and an '8' tp would indicate a 1:1 risk-reward. *Note - although you may generate a higher win percent with a less favorable RR, it is rarely worth it.
----- Finally, we backtest our ideas. -----
After using the 'Strategy Tester' tab to thoroughly backtest your predictions you are ready to take it to the next level - Automated Trading!
This was my whole reason for creating the script. If you work a full-time job, live in a time zone that is hard to trade, or just don't have the patience, this will be a game-changer for you as it was for me.
Auto-Trading
When it comes to auto-trading this strategy I have included two options in the script that utilize the alert messages generated by TradingView.
*Note: Please trade on a demo account until you feel comfortable enough to use real money, and then please stick to 1%-2% of your total account value in risk per trade.*
AutoView
PineConnector
Good luck with your trading!
Combo 2/20 EMA & Bill Williams Averages. 3Lines This is combo strategies for get a cumulative signal.
First strategy
This indicator plots 2/20 exponential moving average. For the Mov
Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.
Second strategy
This indicator calculates 3 Moving Averages for default values of
13, 8 and 5 days, with displacement 8, 5 and 3 days: Median Price (High+Low/2).
The most popular method of interpreting a moving average is to compare
the relationship between a moving average of the security's price with
the security's price itself (or between several moving averages).
WARNING:
- For purpose educate only
- This script to change bars colors.
Pivot Moving Average steteggythis Pivot Moving Average steteggy works best on a chart --->>Above 100$ crypto
Sniper is very profitable in terms of% good trades
It will perform very well on 1-5X Leverage (Solid leverage, not variable depending on the volume )
TP: 0.9 %
SL : 5.5 %
Hulk Strategy x35 Leverage 5m chart w/Alerts This strategy is a pullback strategy that utilizes 2 EMAs as a way of identifying trend, MACD as an entry signal, and RSI and ADX to filter bad trades. By using the confirmation of all of these indicators the strategy attempts to catch pullbacks, and it is optimized to wait for high probability setups. Take not that the strategy is optimized for use on BTCUSDT along with 35 times leverage(Using leverage is risky). The Hulk Strategy waits for strong trend confirmation and then attempts to identify pullbacks using MACD and RSI. By using these it identifies strong short term movement against the trend(hence the name Hulk). To use the strategy wait for the strategy to make an entry, and then enter with a stop loss of 1.1% and a take profit of 1.35% with respect to if it is a long or short position. The trade frequency of this strategy is high as it is made for use on the 5m timeframe. But this does not mean you will have to be staring at your computer constantly as an average of 1 trade takes place each day. This will vary a lot though, somedays the strategy enters up to 4 times. I wish you good trading and hope that you like this strategy!
P.S. The indicators on my chart are visualizations of the indicators used in the strategy, they are not necessary for the strategy to work though. Also the colored in cloud on the price chart is an EMA cloud and it comes with the strategy when you add it to your chart. This EMA cloud consists of two EMAs a 50 and a 200 EMA.
[MACLEN] TRUE RANGEThis is a true range (TR) based strategy with weighted moving average (WMA) smoothing to remove noise.
In addition, it includes a risk management strategy using 4 "safes" in the same operation to always seek to make a profit.
This is for evaluation only, and it is not recommended to use with real money.
It is a work in progress. I read your comments.
Combo 2/20 EMA & Bear Power This is combo strategies for get a cumulative signal.
First strategy
This indicator plots 2/20 exponential moving average. For the Mov
Avg X 2/20 Indicator, the EMA bar will be painted when the Alert criteria is met.
Second strategy
Bear Power Indicator
To get more information please see "Bull And Bear Balance Indicator"
by Vadim Gimelfarb.
WARNING:
- For purpose educate only
- This script to change bars colors.
Monu_he_ofaThis is a strategy created by the Tongan Community Ngaue Fakataha. This strategy will help you with confirmation of the market's trend and provide you with Entry and Exit to the market.
Koe me'a ngaue 'eni 'ae Community Tonga Ngaue Fakataha. 'E tokoni 'eni kia te koe ke tokoni atu ke fakapapau'i ho taimi hu ki loto mo tu'a he maketi.
MA cross strategyI created an sma (10/30) strategy.
The script is under construction and can be changed, since i'm looking for a more profitable strategy.
If you have ideas to make it more profitable, please comment.
It is possible to change everything to your own needs.
MilleMachineHello traders,
I hereby present to you the second stage of my journey to finding a reliable, profitable trading strategy.
The "Millemachine" is based on the "Millebot", my previous published strategy. This means the backbone of the strategy is still the same: a trend following system. Instead of using a fixed TP and SL, a trailing stoploss is now used. To limit the losses when the trend weakens, the trailing stoploss automatically gets smaller, as it is based on the ATR.
A new utility is you can now easily switch between indicators on which the decision making is based. This allows the user to discover which indicators work best for entry, long/short switching and stoploss configuration.
The strategy has been proven to be very profitable in trending markets, but can suffer losses during ranging market. To make the system more robust, the strategy cannot solely rely on a trending system. Other systems must be added.
I believe that a good trading bot must consist of more than 4 different strategies, based on different systems. This is what I am currently working on.
My goal for publishing this strategy is to help other traders build their own. In my journey I found it difficult to find a good strategy that employs a decent risk management, which is truly essential for having good, consistent results. Also, a realistic commission needs to be defined to have a realistic performance prediction. This weighs on the profitability and therefore is often set at 0 by authors of other strategies, which I find misleading.
If you have found this strategy informative or useful, please leave a comment.
Greetings Michael
Multi Entry Signal Strategy by TradeSmartThis strategy is intended to test different entry signals. You can use 13 different entry signals in the strategy.
Available signals with all their settings:
Heikin Ashi
RSI + EMA
Wavetrend
MACD
Stochastic RSI
Squeeze Momentum
Kairi Relative Index
SSL
Supertrend
Parabolic SAR
Chandelier Exit
Directional Movement Index
Quantitative Qualitative Estimation
For exact rules of entries please relate to the tooltips of each entry signal. All the signals can be used together or separately in the strategy.
Additional settings that can be used:
Trend Filter (limit long or short entries based on a moving average of your choice)
Exit Strategy settings (ATR is used to determine stop loss and take profit levels)
Trailing Loss Setups (you can use 3 different types of trailing losses)
Setups (you can set Long and Short entries as well as the order size based on either Capital % or Risk %)
Date Range (you can limit trades to specific date ranges)
Trading Time (you can limit on which days to trade)
[Fedra Algotrading 2TPs]This strategy uses the deviation of a simple linear regression to determine the entry point into a short-term trend. It also includes an intelligent trend filter (SMA, WMA, Super trend and MACD), to determine the dominant trend over a longer time frame and avoid opening trades against the market.
It manages capital by dividing the position into 2 take profits, the first one configurable in a fixed percentage, which will sell half of the position, and the second one that will trigger a trailing take profit once the desired percentage is reached, with the rest of the position.
Each parameter is optimizable to adapt it to the desired market, but this strategy benefits from the high volatility of mid and low capitalization cryptocurrencies due to their higher volatility.
It also includes tools to adjust the backtests, and command inputs so that the script can automatically work with bots.
