The BITsPIP team is super excited to share our latest trading gem with you all. We're all about diving deep and ensuring our strategies can stand the test of time. So, we invite you to join us in exploring the awesome potential of this new strategy and really put it through its pace with some deep backtesting. This isn't just another strategy; it boasts a profit...
█ Introduction and How It Is Different The "Elliott's Quadratic Momentum - Strategy" is a unique and innovative approach in the realm of technical trading. This strategy is a fusion of multiple SuperTrend indicators combined with an Elliott Wave-like pattern analysis, offering a comprehensive and dynamic trading tool. It stands apart from conventional strategies...
Strategy Time!!! Have built this on my earlier published indicator Band-Zigzag-Trend-Follower . This is just one possible implementation of strategy on Band-Based-Zigzag . 🎲 Notes Experimental prototype. Not financial advise and strategy not guaranteed to make money despite backtest results Not created or tested for any specific instrument or...
Hello Everyone, Wish you all Merry X-Mas and happy new year. Lets start 2023 with fresh new strategy built on Wolfe Indicator. Details of the indicator can be found here 🎲 Wolfe Concept Wolfe concept is simple. Whenever a wedge is formed, draw a line joining pivot 1 and 4 as shown in the chart below: For simplicity, we will only consider static value for...
Please read the following explanation and notes before using this strategy. This strategy is based on pyramiding. It uses two trend indicators(zigzag) in two different timeframes. One can be used to identify trend in higher timeframe and the other can be used to identify trend in smaller time frame. You can change them according to your preference. The default...
One from many harmonic pattern that consists of two equivalent price legs. The ABCD pattern that helps traders predict when the price is about to change direction. Tracing And Calculation This code using pivot high and pivot low built-in method and calculate with Fibonacci Retracement. Limitation To find ABCD pattern is very difficult, just coming up a few...
Following things are displayed by default on the chart with harmonic patterns strategy. It can be use with automate trading platforms 3commas, zignally, frostybot, alertatron, wunderbit etc... Bullish and bearish 5-point patterns are based on various Fibonacci retracement levels and signify potential reversal zones (PRZ). As they become 80% complete, the...
Compilation of various modifications of the trend breakout reversal strategies based on the ZigZag . Includes past versions of scripts: version 1 ZZ2 Breakout reversal strategy version 2 ZZ2 with experimental options hamster-bot ZZ Breakout reversal strategy version 3 ZZ6 Noro's ZZ-6 by hamster-bot The original script is available here The...
This is long only strategy where entry and exits are generated based on Harmonic Patterns. Logic used for generation of harmonic patterns is same as the below script (Double top and bottom are removed in this script): Now to generate entry and exit signals, following rules are used: If there is bullish pattern: Entry : If X is between Point B and D,...
The original script is available here New version of ZZ-strategy. Repaint? Normal lines are not redrawn. Dotted lines repaint, but do not affect trading (do not affect backtests). You can turn off repaint in the script settings. Repaint (dotted lines) are needed only for clarity. To make it clear from which bar the level is created. Levels Lime lines above -...
This strategy is designed for crypto markets like ETHUSD/T, BTCUSD/T and so on. It works amazingly with 15 min time frames. Its idea consists in : We have the RSI indicator, and with it we check for the crossover with overbought and oversold levels. At the same time we have the zigzag which is made from the higher highs and the lower lows between a specific...
Strategy: Fibonacci + RSI: - Intraday trading strategy (Scalping). Time Frames Tested with best Results: 30 Minutes. 5 Minutes. 15 Minutes. 1 Minute Indicators Used: RSI (30 / 70) Fibonacci (1 - 0.784) How it Works: Once the Price Hits the 1 or -1 Fibonacci Level and bounces a little bit, It checks the RSI if Over Bought or Over...
Breakdown trading system ( TS ) based on the ZZ indicator ( zig-zag ) using SAR (stop and reverse). The system calculates the long level and short level, depending on the direction of the breakdown - we enter the long or short position. The strategy is always in position (in the market), the strategy being in the long side reverses the position at the short level,...
This is my first publication, since sept 2018 i tested/converted to strategy over 500 scripts, this is by far my most profitable script. Implementation in TradingView of modified version of the "Weis Wave". indicatior will generate Long and Close Long signals according to market trend. (Learned the hard way that using short instead of close long to close long...
As requested, here is a quick and basic strategy version of Lazy Trader for those who wish to play around with backtesting. I normally only use Lazy Trader with BTC on the daily chart but because I'm getting lots of people message me asking if it can be used on lower time frames and with other pairs, I've got the demo chart / screenshot showing an example of just...
!!!!! No REPAINT & NO LAG !!!!! THIS STRATEGY IS MORE AGGRESSIVE THAN SLOW ONE Backtest result is from BITMEX:XBTUSD pair