Trade BONK/USD on the 1H chart with this strategy combining trend entry and Dollar Cost Averaging.
Core Logic:
Entry: Long position initiated on Fast EMA crossing above Slow EMA.
DCA: Averages down entry price by placing up to 2 Safety Orders (funded by specific USD amounts) if price drops. Spacing is configurable via ATR multiples or percentage levels.
Exit: Utilizes a powerful Dual Trailing Stop system to manage profits and risk: a standard wide trail, plus a tighter trail that activates once a specific profit target is hit. Also exits if the trend reverses (EMA crossunder).
Key Settings & Tools:
Customize EMA periods, all trailing stop percentages, and safety order logic (ATR/%, Size).
Enable a Date Filter to restrict trading to specific periods.
Set an Entry Cooldown to avoid immediate re-entry.
Includes an Info Table on the chart for key metrics.
Provides alertcondition outputs potentially usable for automation (e.g., 3Commas) - user must verify/adapt message format.
Core Logic:
Entry: Long position initiated on Fast EMA crossing above Slow EMA.
DCA: Averages down entry price by placing up to 2 Safety Orders (funded by specific USD amounts) if price drops. Spacing is configurable via ATR multiples or percentage levels.
Exit: Utilizes a powerful Dual Trailing Stop system to manage profits and risk: a standard wide trail, plus a tighter trail that activates once a specific profit target is hit. Also exits if the trend reverses (EMA crossunder).
Key Settings & Tools:
Customize EMA periods, all trailing stop percentages, and safety order logic (ATR/%, Size).
Enable a Date Filter to restrict trading to specific periods.
Set an Entry Cooldown to avoid immediate re-entry.
Includes an Info Table on the chart for key metrics.
Provides alertcondition outputs potentially usable for automation (e.g., 3Commas) - user must verify/adapt message format.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.