DCA, Support and Resistance with RSI and Trend Filter

2024년 9월 9일

This script is based on
tradingview.com/v/8avMvSbe/ script from Kieranj with added pyramiding and DCA

The buy condition (buyCondition) is triggered when the RSI crosses above the oversold threshold (ta.crossover(rsi, oversoldThreshold)), the trend filter confirms an uptrend (isUptrend is true), and the close price is greater than or equal to the support level (close >= supportLevel).

The partial sell condition (sellCondition) is triggered when the RSI crosses below the overbought threshold (ta.crossunder(rsi, overboughtThreshold)) and profit goal is reached, the trend filter confirms a downtrend (isUptrend is false), and the close price is less than or equal to the resistance level (close <= resistanceLevel).
Full sell will be triggered if trend is broken and profit goal is reached

With this implementation, the signals will only be generated in the direction of the trend on the 4-hour timeframe. The trend is considered up when the 50-period SMA is below the 200-period SMA (ta.sma(trendFilterSource, 50) < ta.sma(trendFilterSource, 200)).

Pyramiding should be activated, values like 100, so every DCA step should be around 1%
i have best results on 5 min charts

2024년 9월 12일

릴리즈 노트

-Added Wavetrend as additional indicator for buying/selling
-Set all default parameters same as i doing backtests.
-other small fixes

2024년 9월 13일

릴리즈 노트

Added new option:
Using g trend as trend filter module:
tradingview.com/v/utIrJYJS/
thanks LUIS_GANDARA_G_TREND

2024년 9월 15일

릴리즈 노트

- Added MCAD as trend indicator

- Reworked multi time frames :
The strategy working now on 3 time frames
1. Time frame where buy/sell signals on base of Wavetrend(default is on) and RSI are triggered. I'm using 5 min.
2-3. Slow and fast trend time frames. Signals from time frame 1 are ignored if on this time frames RSI or Trend (MCAD or G trend) conditions are not meet. I'm using 15 min and 4 hours.

2024년 9월 16일

릴리즈 노트

- in previous post index was of course MACD, cant edit anymore
- Added new option for cooldown between orders
- fixed several bugs, specially on short side trading

2024년 9월 17일

릴리즈 노트

- added new option: based on ATR partial sells can be deactivated
- updated default values

2024년 9월 20일

릴리즈 노트

- Fixed repainting, needed to remove all indicators except MACD for it for now, but MACD has the best performance anyway

2024년 9월 20일

릴리즈 노트

-- other repainting fix

2024년 9월 22일

릴리즈 노트

- fix, negative numbers in % profit goals working now, maybe good in some situations.

2024년 9월 28일

릴리즈 노트

- new options on fast and slow filters for full sells if wrong direction, it was hard coded till now
- new options for threshold entries on slow trend filter, filter is not activated till threshold amount of entries is reached

2024년 10월 7일

릴리즈 노트

--Added new parameter for slow trend:
"Threshold profit %", slow trend filter will be disabled if current profit bigger then this value, default -2.

2024년 10월 18일

릴리즈 노트

-- fixed bug: profit and profit outside trend made exactly opposite
-- added new parameter: profit on high ATR (was the same as profit outside trend before)
-- added new parameter: source, was hard coded to close before, default close
-- added better comments to chart

2024년 11월 3일

릴리즈 노트

-- Added ichimoku cloud as trend filter (default will stay MACD)
-- Changed default MACD source from SMA to EMA
-- Bugfix: heikinashi and MACD

2024년 11월 15일

릴리즈 노트

-- added Volatility Gaussian Bands [BigBeluga]

as trend filter, default is disabled, the strategy should work as before.

2024년 11월 16일

릴리즈 노트

-- bugfix: fixed wrong executed part. sells in today release

2024년 11월 21일

릴리즈 노트

--Added additional full sell signals on fast and slow trends

2024년 12월 2일

릴리즈 노트

-- bugfix full sell repainting in rare cases

2024년 12월 6일

릴리즈 노트

-- other bugfix

2024년 12월 16일

릴리즈 노트

--bugfix: cooldown period

2024년 12월 23일

릴리즈 노트

-- Fixed small bug in "Threshold entries" on slow trend, changed default value to 3

1월 18일

릴리즈 노트

-- bugfix: buy and sell signal on same candle(very rare case)

1월 29일

릴리즈 노트

-- added new option:
Additional entry signal on fast trend filter, if wave trend triggered(default true)

2월 1일

릴리즈 노트

-- added Schaff Trend Cycle als option
-- fixed several bugs

2월 1일

릴리즈 노트

--other bugfix

2월 9일

릴리즈 노트

-- added new panic sell mode: it reducing position on a smart way depends of settings
-- changed default part. sell to 10
-- fixed bugs

2월 25일

릴리즈 노트

-- small bugfixes
-- changed default part sell to 20%

2월 28일

릴리즈 노트

-- bugfix: multiple trend filters simultaneously possible

3월 9일

릴리즈 노트

-- New Option: disable entry or close position
-- Bugfix

3월 14일

릴리즈 노트

-- added new option: start position size and price
-- bugfix

4월 15일

릴리즈 노트

-- added separated profit(full sell) setting for slow and fast trend
-- added separated wavetrend settings for slow and full trend

4월 20일

릴리즈 노트

-- added ADX index
-- bugfixes