ProfitView Strategy TemplateHello traders,
This script took me a full week of coding/testing, sweat, and tears - and I’m too nice as I’m giving it for free to the community.
If you're tired of manual trading and looking for a solid strategy template to pair with your indicators, look no further.
This Pine Script v5 strategy template is engineered for maximum customization and risk management.
Best part?
This Pine Script v5 template facilitates the dynamic construction of ProfitView alerts, sparing users the time and effort of mastering the ProfitView syntax and manually creating alert commands.
This powerful tool gives much power to those who don't know how to code in Pinescript and want to automate their indicators' signals via the ProfitView Chrome extension.
IMPORTANT NOTES
ProfitView is a trading bot software that forwards TradingView alerts to your brokers (examples: Binance, Oanda, Coinbase, Bybit, etc.) for automating trading.
Many traders don't know how to dynamically create ProfitView-compatible alerts using the data from their TradingView scripts.
Traders using trading bots want their alerts to reflect the stop-loss/take-profit/trailing-stop/stop-loss to break options from your script and then create the orders accordingly.
This script showcases how to create ProfitView alerts dynamically.
TRADINGVIEW ALERTS
1) You'll have to create one alert per asset X timeframe = 1 chart.
Example: 1 alert for EUR/USD on the 5 minutes chart, 1 alert for EUR/USD on the 15-minute chart (assuming you want your bot to trade the EUR/USD on the 5 and 15-minute timeframes)
2) Select the Order fills and alert() function calls condition
3) For each alert, the alert message is pre-configured with the text below
{{strategy.order.alert_message}}
Please leave it as it is.
It's a TradingView native variable that will fetch the alert text messages built by the script.
4) ProfitView doesn't use webhook technology, so setting a webhook URL from the alerts notifications tab is unnecessary.
KEY FEATURES
I) Modular Indicator Connection
* plug your existing indicator into the template.
* Only two lines of code are needed for full compatibility.
Step 1: Create your connector
Adapt your indicator with only 2 lines of code and then connect it to this strategy template.
To do so:
1) Find in your indicator where the conditions print the long/buy and short/sell signals.
2) Create an additional plot as below
I'm giving an example with a Two moving averages cross.
Please replicate the same methodology for your indicator, whether a MACD , ZigZag, Pivots , higher-highs, lower-lows or whatever indicator with clear buy and sell conditions.
//@version=5
indicator("Supertrend", overlay = true, timeframe = "", timeframe_gaps = true)
atrPeriod = input.int(10, "ATR Length", minval = 1)
factor = input.float(3.0, "Factor", minval = 0.01, step = 0.01)
= ta.supertrend(factor, atrPeriod)
supertrend := barstate.isfirst ? na : supertrend
bodyMiddle = plot(barstate.isfirst ? na : (open + close) / 2, display = display.none)
upTrend = plot(direction < 0 ? supertrend : na, "Up Trend", color = color.green, style = plot.style_linebr)
downTrend = plot(direction < 0 ? na : supertrend, "Down Trend", color = color.red, style = plot.style_linebr)
fill(bodyMiddle, upTrend, color.new(color.green, 90), fillgaps = false)
fill(bodyMiddle, downTrend, color.new(color.red, 90), fillgaps = false)
buy = ta.crossunder(direction, 0)
sell = ta.crossunder(direction, 0)
//////// CONNECTOR SECTION ////////
Signal = buy ? 1 : sell ? -1 : 0
plot(Signal, title = "Signal", display = display.data_window)
//////// CONNECTOR SECTION ////////
Important Notes
🔥 The Strategy Template expects the value to be exactly 1 for the bullish signal and -1 for the bearish signal
Now, you can connect your indicator to the Strategy Template using the method below or that one.
Step 2: Connect the connector
1) Add your updated indicator to a TradingView chart
2) Add the Strategy Template as well to the SAME chart
3) Open the Strategy Template settings, and in the Data Source field, select your 🔌Connector🔌 (which comes from your indicator)
Note it doesn’t have to be named 🔌Connector🔌 - you can name it as you want - however, I recommend an explicit name you can easily remember.
From then, you should start seeing the signals and plenty of other stuff on your chart.
🔥 Note that whenever you update your indicator values, the strategy statistics and visuals on your chart will update in real-time
II) BOT Risk Management:
- Max Drawdown:
Mode: Select whether the max drawdown is calculated in percentage (%) or USD.
Value: If the max drawdown reaches this specified value, set a value to halt the bot.
- Max Consecutive Days:
Use Max Consecutive Days BOT Halt: Enable/Disable halting the bot if the max consecutive losing days value is reached.
- Max Consecutive Days: Set the maximum number of consecutive losing days allowed before halting the bot.
- Max Losing Streak:
Use Max Losing Streak: Enable/Disable a feature to prevent the bot from taking too many losses in a row.
- Max Losing Streak Length: Set the maximum length of a losing streak allowed.
Margin Call:
- Use Margin Call: Enable/Disable a feature to exit when a specified percentage away from a margin call to prevent it.
Margin Call (%): Set the percentage value to trigger this feature.
- Close BOT Total Loss:
Use Close BOT Total Loss: Enable/Disable a feature to close all trades and halt the bot if the total loss is reached.
- Total Loss ($): Set the total loss value in USD to trigger this feature.
Intraday BOT Risk Management:
- Intraday Losses:
Use Intraday Losses BOT Halt: Enable/Disable halting the bot on reaching specified intraday losses.
Mode: Select whether the intraday loss is calculated in percentage (%) or USD.
- Max Intraday Losses (%): Set the value for maximum intraday losses.
Limit Intraday Trades:
- Use Limit Intraday Trades: Enable/Disable a feature to limit the number of intraday trades.
- Max Intraday Trades: Set the maximum number of intraday trades allowed.
Restart Intraday EA:
- Use Restart Intraday EA: Enable/Disable a feature to restart the bot at the first bar of the next day if it has been stopped with an intraday risk management safeguard.
III) Order Types and Position Sizing
- Choose between market, limit, or stop orders.
- Set your position size directly in the template.
Please use the position size from the “Inputs” and not the “Properties” tab.
I know it's redundant. - the template needs this value from the "Inputs" tab to build the alerts, and the Backtester needs it from the "Properties" tab.
IV) Advanced Take-Profit and Stop-Loss Options
- Choose to set your SL/TP in either pips or percentages.
- Option for multiple take-profit levels and trailing stop losses.
- Move your stop loss to break even +/- offset in pips for “risk-free” trades.
V) Miscellaneous
Retry order openings if they fail.
Order Types:
Select and specify order type and price settings.
Position Size:
Define the type and size of positions.
Leverage:
Leverage settings, including margin type and hedge mode.
Session:
Limit trades to specific sessions.
Dates:
Limit trades to a specific date range.
Trades Direction:
Direction: Specify the market direction for opening positions.
VI) Notifications (Telegram/Discord/Email/IFTTT/Twilio/SMS)
Customize notifications sent to Telegram, Discord, Email, IFTTT, Twilio, and ProfitView Logger.
VII) Logger
The ProfitView commands are logged in the TradingView logger.
You'll find more information about it in this TradingView blog post .
WHY YOU MIGHT NEED THIS TEMPLATE
1) Transform your indicator into a ProfitView trading bot more easily than before
Connect your indicator to the template
Create your alerts
Set your EA settings
2) Save Time
Auto-generated alert messages for ProfitView.
I tested them all and checked with the support team what could/couldn’t be done.
3) Be in Control
Manage your trading risks with advanced features.
4) Customizable
Fits various trading styles and asset classes.
REQUIREMENTS
* Make sure you have your ProfitView account and do the settings correctly in your Chrome extension. If you don't know how to do it, read the documentation + ask for help in the ProfitView Discord support channel.
* If there is any issue with the template, ask me in the comments section - I’ll answer quickly.
BACKTEST RESULTS FROM THIS POST
1) I connected this strategy template to a dummy Supertrend script.
I could have selected any other indicator or concept for this script post.
I wanted to share an example of how you can quickly upgrade your strategy, making it compatible with ProfitView.
2) The backtest results aren't relevant for this educational script publication.
I used realistic backtesting data but didn't look too much into optimizing the results, as this isn't the point of why I'm publishing this script.
This strategy is a template to be connected to any indicator - the sky is the limit. :)
3) This template is made to take 1 trade per direction at any given time.
Pyramiding is set to 1 on TradingView.
The strategy default settings are:
* Initial Capital: 100000 USD
* Position Size: 1%
* Commission Percent: 0.075%
* Slippage: 1 tick
* No margin/leverage used
Best regards,
Dave
Profitview
Strategy Backtesting Template [MYN]A few people have been asking me to share my backtesting template. Currently I use this as my starting point for validating existing strategies and developing new ones.
Features:
Trading Date Range
Trade Direction
4 progressive take profits with target percents and percentage of position to take profit on (Thanks adolgo)
Variable percentage Stop Loss
Automatic ProfitView Alert Syntax builder for Longs and Shorts
ADX checkbox to automatically add conditional logic to your strategy
AlphaTrend For ProfitViewThis strategy is based on the AlphaTrend indicator by KivancOzbilgic A full description of this algorithm functionality may be found by clicking the linked image above.
Changes and/or additions:
It is now a backtestable strategy
Updated alert trigger logic
Easy integration with ProfitView to use this algorithm for automated trading
When you create an alert, and you are using ProfitView, select " alert() function calls only " as the condition option. If you would rather set your own custom alert message, select " Order fills only " instead.
There is a selectable setting in the options to trigger alert() function calls immediately, that you may use to see what text it will send.
EMA Stoch Strategy For ProfitViewThis strategy will enter positions when the set stochastic conditions are met, and uses the moving average to filter the direction of the trades (long/short). The background is used to illustrate the strength of the stochastic values.
The following is a step by step guide in order to automate the trading of the strategy with ProfitView:
In the indicator settings, set the desired stochastic and ema values, and the stochastic condition you want to use to enter a trade.
In the indicator, set which exchange, symbol, and account to execute trades on.
In the indicator, set the PV Alert names you intend to use. If you want to use the same names as provided in the pastebin below, you may set the three names to Market Long, Market Short, TP SL Hit.
In PV, create two new PV Alerts in the PV Alert tab in accordance to these specifics pastebin.com .
On the Tradingview chart you want the indicator run on, create a new TV alert with this script as its condition, and specify the alert to "alert() function calls only".
DCA Bot for ProfitViewThe base for this strategy is the "Backtesting 3commas DCA Bot v2" script by rouxam. I have made some additions, edits, and fixes, as well as tailored it for usage with ProfitView.
The strategy works in such a way that you select one or multiple rules together, in order to determine when a trade should be initiated.
The selectable rules are:
RSI-7: Initiate trading when the 7 period RSI goes below a specified threshold.
Technicals: This is essentially the TradingView screener strength. A multitude of technical indicators combined that range from Strong Sell - Sell - Buy - Strong Buy.
QFL: Find a support/resistance line on a specified timeframe, and initiate trading only when the price is below a certain point from this line.
Once the deal start rule is met, trading will initiate, and a series of additional orders will be placed and spaced out according to the order settings set in the indicator. These orders includes Take Profit, Stoploss, Trailing Take Profit, and specified additional entry orders to DCA your way into a position.
The indicator is set up so that by hooking this up to ProfitView, all of the signals should automatically be replicated to your assigned exchange, along with discord/telegram notifications for when the deals start and end, and the resulting pnl.
If you want to use it for spot markets, while technically possible, you will need to significantly edit the PV Alert syntax that i have supplied below.
Run this on your testnet of choice, it is likely that there are undiscovered issues at this point.
The strategy currently only works with 'Longs' at the time of publishing, but may be subject to change.
==ProfitView Setup==
!!Important!!
The assigned PV Alert name must contain the keyword 'Long', fex "DCA Long"
Uncheck the Once per Bar advanced filter option on the PV Alert you use for this.
Copy/Paste the text into the PV Alert: pastebin.com
[NLX] Trading Engine (Backtest+Alerts) [Beta]This is a different version of my backtest module, which will be a fully featured alert and backtest tool.
The new strategy alerts will be integrated so we don't require 2 different scripts anymore. All in one.
There are no stop mechanism in this version. The entry and exit signal has to come from your indicator (you can set the signal values yourself).
It also integrates a ProfitView Alert Builder. This is an early beta and the alerts are not working yet!
Stay tuned for more updates!
BEST RSI Divergences Screener (Regular and Hidden)Hello traders
My way to fight this situation is to stay productive.
Hope some of my scripts will help you out as most of us are locked-down at home, hence have more time for trading - and preparing ourselves when the sun will shine on us again
I - Concept
This is an upgrade of this script which captured only the regular divergences
This screener detects whether the regular RSI divergences based on the TradingView Divergence built-in indicator (made by the gentleman @everget I believe)
With this screener, you can see in 1 view which of your favorite cryptos/stocks/forex pairs/etc. showing strong regular and hidden divergences
The gentlemen (and demoiselles) traders can play with the lookback/ranges inputs to adjust the divergences based on what they think is best of their trading/timeframe/instrument/life
On that script screenshot, I'm showing the BYBIT:BTCUSD part of the screener matching with the divergences on the chart
II - How did I set the screener
The visual signals are as follow:
- square: whenever a regular or hidden divergence is detected
Then the colors are:
- green when there is bullish divergence
- red when there is bearish divergence
🔔🔔 I also added the alerts for capturing those bullish/bearish divergences
III - Does it repaint?
It should not :)
Best regards
Dave
BEST Risk to Reward UtilityHello Traders
This is a proof of concept and a cool pinescript utility
It displays a risk to reward division as a fractional value.
For example
Risk: 300
Reward: 600
This will be displayed as 1/2 as we can earn 2 units for a potential loss of 1 unit
(600/300 = 2) for those wondering the NASA level mathematics behind :)
Best regards
Dave
BEST ABCD Pattern StrategyHello traders
This is the strategy version of this script
I - Concept
I present to you, ladies and gentlemen, the first screener for harmonic patterns.
Starting with an ACBD pattern screener this time!!
I used the calculations from Ricardo Santo's script
In short, he's using fractals (regular or Bill Williams ) for the pattern calculations. A masterpiece !!!
II - Definitions
The ABCD pattern ( AB=CD ) is one of the classic chart patterns which is repeated over and over again.
The ABCD pattern shows perfect harmony between price and time.
The Williams Fractal is an indicator, developed by Bill Williams, that aims to detect reversal points (highs and lows) and marks them with arrows.
Up fractals and down fractals have specific shapes. The Williams Fractal indicator helps users determine in which direction price will develop
💎Strategy filters💎
I included some cool backtest filters:
- flexible take profit in USD value (plotted in blue)
- flexible stop loss in USD value (plotted in red)
The take profit and stop loss should work with Forex/FX pairs as well
All the BEST
Dave
ROC Alerts (Update PV Stops)Measures the Rate of Change (%, ROC) over the previous X bars and fires an Up or Down alerts which you can use to update your TP/SL stops, increase or decrease your position... or anything else really. Basic but proven useful :)
BEST Engulfing + Breakout StrategyHello traders
This is a simple algorithm for a Tradingview strategy tracking a convergence of 2 unrelated indicators.
Convergence is the solution to my trading problems.
It's a puzzle with infinite possibilities and only a few working combinations.
Here's one that I like
- Engulfing pattern
- Price vs Moving average for detecting a breakout
Definition
Take out the notebooks :) and some coffee (good for focus). I'm bullish in coffee
The engulfing pattern is a two-candle reversal pattern.
The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows.
The bullish Engulfing pattern appears in a downtrend and is a combination of one red candle followed by a larger green candle
The bearish Engulfing pattern appears in a downtrend and is a combination of one green candle followed by a larger red candle
Example: imgur.com
We're bored sir... what's the point of all this?
In summary, an engulfing is a pattern to track reversals. (the whole TradingView audience stands up now giving a standing ovation)
Adding the Price vs Moving average filters allows to track reversals with momentums (half of the audience collapsed because this is too awesome)
Ok sir... you picked up my interest
I included some cool backtest filters:
- date range filtering
- flexible take profit in USD value (plotted in blue)
- flexible stop loss in USD value (plotted in red)
All the best
Dave
BEST USA Bank Holidays HelperHello traders
This is a quick helper displaying the US bank holidays labels 1 day before the actual bank holiday date
Useful to be reminded when it's better to not trade as the big "whales" aren't trading either - and are probably drinking cocktails on their yachts in the Caribbeans island
This is my way of saying that, the days where the USA are off, the derivatives like indices aren't likely to give big opportunities
Of course, big move might happen but statistically, we're better off going to the Caribbeans islands as well (or preparing for the next trading day)
Bonus
The indicator displays in fuschia (never knew how to write that word properly without checking google first...) the 2019 US bank holidays
Best regards and enjoy your cocktails today :)
Dave
5 min bot scalperSAR signals (Parabolic and Lucid) combined with UT pivots, all filtered by the 200 MA. Golden and death crosses are also included to catch larger moves out-with long/short trends. These are filtered by my chop indicator to remove sideways signals.
This is designed for the 5 minute chart but may be useful elsewhere with some tweaking.
Alerts are included for long, short and exit signals.
Best Supertrend CCI StrategyHello traders
Someone requested the strategy version of the Supertrend CCI indicator
It's a Supertrend not based on candle close but based on a CCI ( Commodity Channel Index )
How does it work?
Bull event: CCI crossing over the 0 line
Bear event: CCI crossing below the 0 line
When the event is triggered, the script will plot the Supertrend as follow
UP Trend = High + ATR * Factor
DOWN Trend = Low - ATR * Factor
This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level.
Hope you'll enjoy it and it will improve your trading making you a better trader
Dave
NiLUX Trend Scalper TSSL (Alerts)Trend Following Scalping Bot
Great results on pretty much any pair and timeframe
Features:
Dynamic Trend Detection
Long / Short Scalp Alerts
Take Profit (Trailing Stop) & Stop Loss Alerts
TP/SL Plots for Profitview included
This is Donationware 🍺
Leave me a tip, you decide the amount, then send me a DM to get access.
The link to my tip jar is below in the signature
Best Volatility Calculator (Multi Instruments)Hello traders
A bit of context
Definition: Volatility is defined as the close of current candle - close of the previous N candle
This is an alternative version of my Best Volatility Calculator
The other version is displayed on a panel below. This one overlays on the chart using the "overlay=true" setting
This indicator shows the average volatility, of last N Periods, for the selected time frames and for 2 selected instruments.
You can select up to 2 timeframes with this version
Presented as Currency, Pip, percentage labels in a panel below.
Will calculate in real-time only for the current instrument on the chart.
The indicator is coded to not be repainting
Example
In the indicator screenshot, I used a lookback period of 1.
That compares the current candle close versus the previous one for the daily and weekly timeframe
Showing how the results look like using FOREX instruments (where using the PIPS labels make more sense than with cryptocurrency assets)
Best regards
Dave
Best Ichimoku ScreenerHello traders
Continuing deeper and stronger with the screeners' educational series one more time
I - Concept
This screener detects whether the price goes above, below or stays in between the Ichimoku cloud
II - How did I set the screener
The visual signals are as follow:
- square: Above or Below
Then the colors are:
- green when above the cloud
- red when below the cloud
- orange when in the cloud
Best regards,
Dave
30 Min Scalp SystemA scalping script for the 30 min chart that is designed and tuned to be used with trading bots such as ProfitView or Autoview. I personally trade with this on Bitmex.
This trading system is built upon 4 established trading indicators that compliment each other. All signals are filtered in a number of ways to avoid chop and only trigger when a strong trend or crossover is identified.
Alerts are included for longs, shorts and exits in both directions.
Recommended setup:
- Trade with leverage and take 75%-80% out at 0.5% profit, leaving the rest to run
- Initial stop-loss of 1%, initiating a trailing stop of 0.75% when TP is hit
- Ensure bots are set to ignore open orders in the same direction
I use this in conjunction with ProfitView where I run three custom scripts to manage my position entries, monitor profit levels, dynamically move my stop and then exit positions where appropriate.
Note: Exit signals are show here even when trades aren't open because it's only possible to hide these when using a strategy script. This is coded as an indicator so that alerts can be sent to your chosen bot.
Disclaimer: The signals aren't perfect but no script is. The above cannot be considered financial advice and I take no responsibility from any losses incurred. A test account is recommended to verify the win rate before trading on a live platform.
BEST Dollar Cost AverageHello traders
This is an upgraded version of my Dollar Cost Average (Data Window) script
1 - What is Dollar-Cost Averaging ( DCA )?
Dollar-Cost Averaging is a strategy that allows an investor to buy the same dollar amount of investment at regular intervals. The purchases occur regardless of the asset's price.
I hope you're hungry because that one is a biggie and gave me a few headaches. Happy that it's getting out of my way finally and I can offer it
🔸 This indicator will analyze for the defined date range, how a dollar-cost average ( DCA ) method would have performed (green panel) versus investing all the hard earnt money at the beginning (orange panel)
=> green versus orange
2- What's on the menu today?
My indicator works with all asset classes and with the daily/weekly/monthly inputs.
⚠️⚠️⚠️ However, results are only visible on the DAILY timeframe chart
As always, let's review quickly the different fields so that you'll understand how to use it (and I won't get spammed with questions in DM ^^)
🔸 Use current resolution: if checked will use the resolution of the chart
🔸 The timeframe used for DCA: different timeframe to be used if Use current resolution is unchecked
🔸 Amount invested in your local currency: The amount in Fiat money that will be invested at each period selected above
🔸 Starting Date
🔸 Ending Date
🔹 The script screenshot shows a DCA with 100 USD invested daily from 01.01.2017 to 01.28.2020
3- Bonus (DATA WINDOW)
🔸 Please check this screenshot to understand what you're supposed to see: Data window
And a quick video that I did months ago explaining how we can use this data window effectively
4 - Specifications used
I got the idea from this website dcabtc.com and the result shown by this website and my indicator are very interesting in general and for your own trading
The formula used for the DCA calculation is the one from the Investopedia website.
Best regards and best of luck
Dave
BEST ABCD Pattern ScreenerHello ladies and gentlemen traders
Continuing deeper and stronger with the screeners' educational series one more time.
This one is heavy crazy mega cool (pardon my french).
I - Concept
I present to you, ladies and gentlemen, the first screener for harmonic patterns.
Starting with an ACBD pattern screener this time!!
I used the calculations from Ricardo Santo's script
In short, he's using fractals (regular or Bill Williams ) for the pattern calculations. A masterpiece !!!
The screener will show in 1 consolidated chart the ABCD patterns for 5 selected assets. Could be stocks, forex, crypto, whatever you feel like making money with
II - Definitions
The ABCD pattern ( AB=CD ) is one of the classic chart patterns which is repeated over and over again.
The ABCD pattern shows perfect harmony between price and time.
More info here
The Williams Fractal is an indicator, developed by Bill Williams, that aims to detect reversal points (highs and lows) and marks them with arrows.
Up fractals and down fractals have specific shapes. The Williams Fractal indicator helps users determine in which direction price will develop
Source: www.tradingview.com
III - How did I set the screener
The visual signals are as follow:
- square: whenever there is an ABCD pattern detected
Then the colors are:
- green when a bullish pattern is detected
- red when a bearish pattern is detected
🔸 The script screenshot shows two red squares matching two ABCD bearish pattern from the above panel. As the chart is showing APPL, I highlighted where the screener mentioned the fruit stock ( APPLE, pun, bad joke, Dave out...)
🔸 I tried to make it as clear as I could with red arrows
Once again, we pushed together the limits of pine script beyond of what we thought was possible, beyond the realm of this world, reaching finally the dreamt pine script heaven (am I going too far? feel free to tell me)
Best regards,
Dave
BEST Supertrend MAHello traders,
That one is an experiment
I was curious to see what a supertrend based on moving average cross could give
How does it work?
Bull event: fast moving average crossing over the slow moving average
Bear event: fast moving average crossing under the slow moving average
When the event is triggered, the script will plot the Supertrend as follow
UP Trend = ohlc4+ ATR * Factor
DOWN Trend = ohlc4- ATR * Factor
Interesting to see the results given by ohlc4 vs hl2 and hl3
Documentation: www.tradingview.com
This is an alternative of the classical Supertrend based on candle close being above/beyond the previous Supertrend level.
Hope you'll enjoy it and it will improve your trading making you a better trader
Dave
BEST Algorithm Builder CRYPTOHello traders 👋
I. 💎 SCRIPTS ACCESS AND TRIALS 💎
1. Every trial request access has to be done through my website.
2. My website URL is in this script signature at the very bottom (you'll have to scroll down a bit and going past the long description) and in my profile status available here: Daveatt
3. Many video tutorials explaining clearly how all our indicators work are available on your website > guides section and on our Discord forum.
4. You can also contact me directly for more information regarding the trading method included in the indicator or how to access it
II. Forewords
Algorithm trading has THE ambitious goal to reduce the number of decisions we have to make when trading.
It's so much easier to get a signal whenever all indicators are converging rather than monitoring each one individually.
Even better when that convergence has been found by experienced quant traders - so that our subscribers only worry about managing their trades according to our trading method.
We don't only provide scripts. They're based on our trading method we've built over years across many asset classes (including cryptocurrencies)
Feel free to check us out for more information (links in my profile or signature below)
This indicator is for the Intraday CRYPTO traders looking for fixed entries based on a trading method designed by 2 experienced traders.
It's a variation of our Algorithm Builder with a custom method for intraday trading - can be coupled with the UNIVERSAL Algo Builder also for swing positions.
We designed this framework for CRYPTO/USD and CRYPTO/CRYPTO pairing (ex: LTC/BTC, XRP/ETH, ...)
Made for crypto with enough trading volume (big and mid-caps)
ETH/BTC
XRP/ETH
EOS/USD
It includes :
- our proprietary method with fixed entries
- a hard exit system (built-in stop-loss)
- 🔔 Compatible with dynamic alerts 🔔
Dynamic alerts are bringing automated trading to a whole new level. The third-party solutions capturing TradingView alerts are able to use them.
- (optional) we let the users decide to use or not our built-in Trade Manager.
Regardless of the Trade Manager is used or not, one must mandatory exit, once a vertical hard exit bar appears.
- the Algorithmic Supports and Resistances used as safeguards and take profit zones.
Final words
We made it as simple as we could (to be honest it's a very simple system for the end-user) - even with several hundreds of calculations in the indicator.
Please hit me up for any questions/feedback/comments
Become the BEST trader that you deserve to be
Dave
BEST Trend Direction Helper (Strategy Edition)Hello traders
A follower asked me to convert my Trend Direction Helper into a strategy
So blessed this indicator reached the 1400+ likes milestone - I can't believe how many people are trading with it
I based the setup as follow:
- Entries on those green/red labels
- exit whenever a Simple Moving Averages cross in the opposite direction happen
- possibility to filter only Longs/Shorts or both
Also...
The strategy includes the Zig Zag/Pivots high/low and other options from the indicator version. I only added a quick strategy component with a hard exit concept based on SMA cross
All the best fam and... HAPPY NEW YEAR !!!!!!!!!!!
Dave
