Cyatophilum Accumulation Strategy

2021년 12월 15일

An indicator to backtest and automate accumulation/pyramiding custom strategies.
The goal of the strategy is to buy several times when the price is low and sell all when the position is in profit.
Configure your strategy using the entry options and entry filters, then set your Take Profit and StopLoss.

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█ HOW IT WORKS

The strategy has pyramiding enabled, which means it can open several deals in a row.
It will keep buying until the Take Profit target is reached.

The indicator plots the Take Profit and Break Even line which are recalculated at each new deal.
The target corresponds to the average entry price plus a configurable percentage.



We can see the average entry price line drop lower at each Long Entry.

█ HOW TO USE

Choose a pair that you want to hold/invest in.

Pick a chart time frame that you like, according to how often you want the strategy to place orders. A benefit of this strategy is that it can work on low time frames as well as high time frames. Just keep in mind that the smaller the time frame, the bigger the impact of fees and slippage will be on the strategy results.

Configure your entry condition. You can combine several technical indicators to trigger an entry, such as Top & Bottom, Higher Lows and RSI divergences.

Example with double bottoms:


Filter your entry signal. Add filters to strengthen your entry signal.

Configure your profit target
Use the Take Profit feature to set a target in percentage of price. You can also make it trail.
There is a Trailing Stop Loss feature but the goal of the strategy is to never sell in loss, so it is turned off by default.

Check your backtest parameters
Make sure that the initial capital and order size make sense. Since it is a pyramiding strategy, the sum of all deals should not be bigger than the initial capital.
In this example: Initial capital is 10 k, max active deals is 10, so the max order size is 1 k.
If you use % equity as order size, please note that it will create compounding.
Check the fees, by default they are set to 0.1%.
I also recommend to set a slippage that corresponds to your exchange's spread.
Note: the pyramiding parameter has to be equal to the "Max Active deals" input.

█ FEATURES


 • Entry settings
Configure wether to go long or short, or both.
Choose the Max Active deals: the maximum number of deals that you want to open at once.
The Minimum bar delay between deals parameter will help putting space between deals.


 • Trend Filter
The trend filter will fitler off long deals when the trend is bearish, and short deals when it is bullish.
Choose a trend line from a list, or any external trend line you can find.
The Trend condition allows to choose wether the trend should switch from slope change or price cross.

 • MTF Trend Filter
A secondary trend line, Multi Time Frame.

 • Volume Filter
The volume filter will check the bar volume and prevent the entry if it is too low.

 • Stop Loss and Take Profit
Configure your stop loss and take profit for long and short trades.
You can also make a trailing stoploss and a trailing take profit.

 • Backtest Settings
Choose a backtest period, longs or shorts, wether to use limit orders or not.
An option to close open orders at the current bar if you have multiple open orders and are wondering what it would result to close them now.


Graphics
A Configuration panel with all the indicator settings, useful for sharing/saving a strategy.
A Backtest Results panel with additional information from the strategy tester.


█ ALERTS

The indicator is using the alert() calls: it only uses 1 alert slot to send order messages for each event. This means free TV plans can create 1 complete strategy.

To set your alert messages, open the indicator settings and scroll to the bottom of the "inputs" tab.

Create your alert after you set the messages in the indicator settings, and make sure "Any alert() function call" is set in the alert option.

█ LIMITATIONS

Things to keep in mind when using this strategy.

 • No Stop loss
When trading without stop loss, your equity can drop without limit, and it can take a while until price recovers.
This is why when backtesting I recommend to keep an eye on the "Max # Days in trades" statistic which tells the maximum days a trade took to close in profit.

 • Spot markets only
Obviously, trading without stop loss means no leverage.

█ BACKTEST RESULTS

The backtest settings used in this snapshot are the following:

• Initial Capital: 10 000€
  
• Order size: 1 000 €
  
• Commission: 0.1€ per order
  
• Slippage : 10 ticks
  

Please read the author instructions below for access and automation.

2021년 12월 15일

릴리즈 노트

Changed default settings

2021년 12월 17일

릴리즈 노트

Added MTF ADX and MTF RSI fitler

2022년 1월 12일

릴리즈 노트

Trendlines: Adding a trendline filter was mainly working against the strategy, filtering too many deals. The trend line filters now only filters for the first deal. This allows to start a trade in a better spot, and still take advantage of the price action afterwards.

2022년 1월 16일

릴리즈 노트

Added stoch entries

2022년 1월 16일

릴리즈 노트

Fix max active deal was counting one short

2022년 1월 19일

릴리즈 노트

Changed default order size to 'cash' instead of 'contracts' and reordered inputs for better readability.

2022년 1월 24일

릴리즈 노트

Added a MTF RSI and STOCH entry feature.
RSI to pick up bottoms in range market and STOCH in trending market.
STOCH is safer used with a trendline.

2022년 2월 14일

릴리즈 노트

Update Backtest panel. Now shows a red / orange color if the average number of bars in a deal, or the max days in a deal is too high.
Also updated backtest results. I made a typo above, the commission is 0.1 % per order, not 0.1 €.

2022년 2월 14일

릴리즈 노트

Added an option to make the backtest start date also impact trades (and not only the backtest results).

2022년 2월 25일

릴리즈 노트

Hid ADX and volume filter to simplify inputs since they were not proven useful with this strategy.

2022년 2월 25일

릴리즈 노트

Update config panel & default settings

2022년 5월 18일

릴리즈 노트

- Added Bollinger Bands entry condition
- Added volume scaling option

2022년 5월 18일

릴리즈 노트

Fix minimum price difference option with shorts
Added {order_size} placeholder for long/short entry alerts.

2022년 5월 23일

릴리즈 노트

Fix for the {order_size} placeholder

2022년 5월 24일

릴리즈 노트

fix for shorts {order_size}

2022년 8월 22일

릴리즈 노트

Updated alert inputs

2022년 8월 28일

릴리즈 노트

Added alert placeholders:
{price} will return the close price
{ticker} symbol name without exchange prefix
{tickerid} symbol name with exchange prefix

2022년 10월 18일

릴리즈 노트

Added placeholder {basecurrency}

2023년 7월 10일

릴리즈 노트

Code optimisation (less security function calls)
Removed the configuration panel because we now have a properties tab in the strategy tester
Updated backtest panel

2023년 7월 10일

릴리즈 노트

backtest panel colors

2023년 7월 18일

릴리즈 노트

Added custom entries that allow to work with external indicator plots.
(Note: all the entries are combined with an OR gate, meaning they will create more entry points, unlike filters who recude entry points)
Added more filters for volume, overbought/oversold during trend/range market, and sideways filter.

2023년 8월 28일

릴리즈 노트

Added {timenow} placeholder for OKX bots compability

2023년 8월 30일

릴리즈 노트

Added an option for stop loss to follow the total position size

2023년 9월 4일

릴리즈 노트

Added an option to prevent the indicator from placing orders above the average entry price

2023년 10월 10일

릴리즈 노트

Added multiple TP options!

2023년 10월 10일

릴리즈 노트

bugfixes with break even

2023년 10월 10일

릴리즈 노트

Added alerts for the last take profit event when using multiple TPs

2023년 10월 11일

릴리즈 노트

bug fixes

2023년 10월 16일

릴리즈 노트

Fix: All take profit alerts will trigger when multiple targets are hit within the same bar.
Added an option to move the Stop loss to break even after a take profit is hit. (it will override other trailing stop options)

2023년 10월 17일

릴리즈 노트

Bug fixes with TP/DCA events not triggering

2023년 10월 17일

릴리즈 노트

Bugfix: entry and SL/TP triggering on same bar

2023년 10월 19일

릴리즈 노트

bugfixes: ordersize volume scaling

2023년 10월 19일

릴리즈 노트

Previous update was missing some code..

2023년 10월 21일

릴리즈 노트

Added {position_size_quote} placeholder to get the current position size as quote currency in the alert messages.

2023년 10월 22일

릴리즈 노트

Added {order_size_quote} placeholders to alerts to get the order size in quote currency used by the strategy.

2월 17일

릴리즈 노트

Added alert message inputs
There is now 1 alert message for the "1st entry", and another alert message for "add to position" entries.

2월 28일

릴리즈 노트

Added TP/SL mode 'Auto'