The new "Pure Morning 2.0 - Candlestick Pattern Doji Strategy" is a trend-following, intraday cryptocurrency trading system authored by devil_machine. The system identifies Doji and Morning Doji Star candlestick formations above the EMA60 as entry points for long trades. For best results we recommend to use on 15-minute, 30-minute, or 1-hour timeframes, and are...
The Bollinger Bands - Breakout Strategy is a trend-following optimized for short-term trading in the crypto market. This strategy employs the Bollinger Bands, a widely recognized technical indicator, as its primary instrument for pinpointing potential trades. It is capable of executing both long and short positions, depending on whether the market is in a spot or...
Library "TrailingStops" This library contains functions to output trailing stop lines. f_marketStructureStop(_restartMode, _flipMode, _restartLowIn, _restartHighIn) Parameters: _restartMode - Defines how the stop lines persist. Allowed values are: "Always On" - The stop lines are always present and they just reset when they're crossed. ...
Same coding only coloring and strategy version added //Barcolor Green = Trail1 > Trail2 and close > Trail2 and low > Trail2 Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2 Red = Trail2 > Trail1 and close < Trail2 and high < Trail2 Yellow = Trail2 > Trail1 and close < Trail2 and high > Trail2 //It gives White color where there is...
An ATR (Average True Range) can be used to position a trailing stop In this script, the true range of today is calculated based on the low of yesterday in order to be more stable. It only goes up, as a trailing stop should do. It only goes down when the trailing stop is reached by the price.
This is a redesign of the built-in Parabolic SAR indicator. I added a proper input system, an option to highlight initial points for both lines and an option to choose points width. So, customize it as you want. Parabolic SAR was originally developed by J. Welles Wilder and described in his book "New Concepts in Technical Trading Systems" (1978). It is a...
This script is designed for those who want to use BitMex's trailing stop. It's not meant to be used as entry exits, but rather to get an idea of how wide the trailing stop needs to be. I suggest you backtest with different values. The script can also be integrated into an existing strategy which does give entry/exits to act as its stop loss.