MACD-X, RSI & Volume Indicator & Alerts Study - Version 5
Overview
This study and it's associated strategy were modeled after the famous Philakone described algorithms on his now defunct instructional video series. This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading methods to their desired goals. This associated strategy also allows users to backtest the study alerts script and find the best settings towards that end. MACD + RSI + VOLUME - are of the most powerful and widely usded indicators, MACD/Histogram crosses, coupled with RSI & Volume increases/decreases will detects areas of deeply oversold / overbought and buys/sells on the reversal
Features
Full customisation - All parameters are open for customising to allow the trader to build their own strategy and adapt from market to market.
Clean/Simple UI - Facilitating ease of use.
Enable Buying OR Selling, - or have them both active at the same time.
Toggle off and on ALTERNATING Buy and Sell feature (pyramiding) - to allow for consecutive DCA style buys or SCALING out of an entry (partial sell).
Customizable Stop-Loss plot - to enable users to create a STOP-LOSS alert option or other alert(s) based on the plot location. See settings screenshot.
Toggle Auto Stop-Loss sell option - to enable users choose whether or not to automatically issue a sell signal when close crosses stop loss plot, or choose to toggle off if not profitable.
Customizable Take-Profit plot - to enable users to create a TAKE-PROFIT alert option or other alert(s) based on the plot location.
Study and associated Strategy - to use the TradingView ‘Strategy Tester’ back-testing features to find the best alert settings for specific coins in bear, bull and sideways markets.
Changes Version 5
Added STOP-LOSS time-out period where users may specify a duration of trading pause time after a stop-loss has been triggered. A value of zero disables the feature. Time out start is indicated by a red flag icon and resumption is indicated with a green flag.
For a 4 DAYS TRAIL, sign up as an Explorer subscriber @ Patreon page: patreon.com/user?u=10374858 Full Access is 0.25 ETH, one time fee for LIFETIME access to the STUDY indicator, STRATEGY and future updates as well as support and SETTINGS for various markets on the Binance Exchange.
Hi,
just signed up for the trail. Please grant access, thanks
mnigirn118
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@dpenders, Ok, I see your Patreon patronage, thanks for your support. I have you appended to the Macd-X & Rsi version 5 indicator and Macd-X & Rsi version 4 strategy.
mnigirn118
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@mnigirn118, Don't hesitate to message me if you have questions.
ShieldCyber
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Hi
hv created the Patreon acc..how can I trial this script?
thanks!
mnigirn118
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@ShieldCyber, Hi, don't see you listed. What is your patreon account name?