Use Heiken Ashi candles to follow trends more easily. 4h or 24h time-frame is advised but any time-frame works.
Companion to the alert script: Tradingview doesn't like backtesting with too little capital or trade sizes less than 1 share, so the "Net Profit" number may not be accurate right off the bat. To get a better idea, change the order size or initial capital so the strategy is trading the appropriate % of initial capital. For example, if your personal capital is...
Example how to select and set date range window to be backtested. Normally when you change chart period it changes the number of days being backtested which means as you increas the chart period (for example from 5min to 15min) you also increase the number of days traded, so you can not compare apples to apples for which period would yield best returns for your...
This is a pretty simple microprofit strategy with a couple twists: Renko boxes plot fixed price changes over variable amounts of time, rather than plotting varying price changes over fixed amounts of time like conventional candlesticks. This makes price trends much simpler to identify, and that's what we ultimately care about. Triple exponential moving average ...
Renko candles filter out noise by plotting a fixed change in price rather than a fixed time frame. Strategies like MACD or MA cross can give a lot of false signals when the price is wavy, but not actually going anywhere. This is especially a problem with small time frames. Since it's so easy to identify trends on a Renko plot, this strategy uses a simple moving...
Private invite only script - currently "LIVE TESTING". Back test results look great. Doesn't repaint. A lot of people might be saying, why use H.A. and all that and its not reliable etc. The current testing you see of NEO is using 1% commission rate to account for the price difference and also the usual 0.25% commission rate. Also, sometimes with H.A., you will...
This script sets defaults that I like to start with: Trade commission set to 0.25% Allow multiple buys before sells Fixed trade size Also included are setting a minimum desired gain (change gain_protection to 0 if you want to sell regardless of your gain), and buying only if it will reduce your average bought price (change avg_protection to 0 to turn this...
I think Doji is not helping so much. but overall it is acceptable maybe tradeable.
Current Price > 7 on 343 Current Price > 77 on 343 7 on 343 is Trending up 77 on 343 is trending up
Wave Trend Cross strategy. Applicable for multiple time frames(1h,15m,5m,1m). Fine tune "Channel Length" and "Average Length" parameters for best results
If you are a Mod seeing this as a duplicate script please take down my other one instead of this one. This is the same script as "Lazy Monies Bitcoin Scalper" on my account, however this is set to protected instead of invite only which I set the last one by mistake. An edit of my previous script "1h gold lazy monies" so that it can be applied to 5m bitcoin...
An edit of my previous script "1h gold lazy monies" so that it can be applied to 5m bitcoin charts. Unfortunately the time scale that it can be back tested for is quite short so it only manages to test 40 trades, so I would be a little cautious trading using this under very different market conditions. The fact that Bitcoin is largely traded emotionally by stoners...
The indicator represents the relative convergence/divergence of the moving averages of the financial asset, increased a hundred times. It is based on a different principle than the ADX. Chande suggests a 13-week SMA as the basis for the indicator. It represents the quarterly (3 months = 65 working days) sentiments of the market participants concerning...
This is simple checker for StepGain GunBot strategy. The script still didnt take trendwatcher into account! If you like it, please hit me with some dust: BTC: 3QCxsgHwZEoW64pkQ1JG4U8Cs3rhQGJ5Zv ETH: 0x28395c84C9DcdbB36a706075Be3F721F942250aE DASH: XekM9Jdk4MFiCgHxbbwwaDL2z2tHW2ZCev LTC: MNDrTr3jXP8fhHcHGw5p2MDKXn17LoB4cd ZEC: t1QRGZENkuEKboWGr6pMjneQHQyPVnZM5LL