📌 Strategy Overview
This is, by far, the simplest indicator-based entry strategy I’ve come across—and surprisingly, it's also one of the most effective for me. The chart and accompanying Pine Script are purely for demonstration, showcasing what is possible rather than everything required for success.
⚠️ Important Note:
The version shown on TradingView is just a small part of what makes this strategy profitable for me. Don’t be misled by the profit ratio —drawdowns are inevitable, and there’s much more going on behind the scenes in the Python version.
🧠 What the Pine Script Does
This TradingView Pine Script defines a long-only strategy that operates exclusively between April 11, 2025, and January 1, 2026. It uses:
RSI
Stochastic RSI (%K & %D)
Customizable EMA crossover
Buy Signal:
Occurs when the smoothed StochRSI %K line crosses above a user-defined lower threshold and a short-term EMA is above the long-term EMA—indicating bullish momentum.
Sell Signal:
A take-profit exit occurs once a profit target is hit based on the current market price.
A stop-loss is triggered if the %K line crosses below the %D line—signaling weakening momentum.
Additionally, a hard stop-loss is built in as a safety net in case indicator logic fails.
🔧 How I Use This Strategy in Real-Time (Python + Binance API)
Backtesting Engine (Every 12 Hours)
Runs 100,000+ randomized combinations of strategy parameters on the past 12 hours of data.
Fine-tunes the top-performing set with another 10,000 passes.
Automatically updates the real-time trading config with optimized values.
Real-Time Trading Engine
Pulls fresh data at startup to calculate indicators.
Switches to WebSocket to aggregate 1m candles into 15m (optionally 10s, 20s, or 30s resolution—beware of API limits).
Uses manual indicator logic (sorry, secret sauce) with help from:
pandas for data manipulation
numpy for math ops
requests for resilient API handling
Only python-binance for API—Binance changes their endpoints too often to rely on anything else.
Candle Syncing
I only trade with candles aligned to Binance’s 15-minute intervals.
My preferred timeframe is 15m to 4h—I avoid higher timeframes like weekly/monthly due to increased exposure to smarter bots, institutional manipulation, and emotional retail traders.
Order Execution Logic
Entry size = average of top 3 sell orders (never more than 5% of that total).
Backtesting decides whether to enter via MA2, MA3, market price, or slightly above average bid.
All exits are via Market Order for speed.
No Indicator-Based Exits
Profit-taking exits are determined by inspecting the live order book and price action for buy/sell walls. Indicators are too slow for this.
Mindset & Manual Oversight
Avoiding greed is the hardest part—it often leads to panic buys/sells and overconfidence.
Stay humble, inspect live charts manually, and be ready to pause the script if candle patterns look suspicious or bot-like.
I’ve completely abandoned using webhooks or Power Automate flows for TradingView alerts—they’re too slow.
⚠️ IMPORTANT
If you’re a coder (or know one), you can convert this Pine Script into Python. But I strongly discourage going live and I not responsible if you choose to do so.
For me trading is never set-and-forget.
This is, by far, the simplest indicator-based entry strategy I’ve come across—and surprisingly, it's also one of the most effective for me. The chart and accompanying Pine Script are purely for demonstration, showcasing what is possible rather than everything required for success.
⚠️ Important Note:
The version shown on TradingView is just a small part of what makes this strategy profitable for me. Don’t be misled by the profit ratio —drawdowns are inevitable, and there’s much more going on behind the scenes in the Python version.
🧠 What the Pine Script Does
This TradingView Pine Script defines a long-only strategy that operates exclusively between April 11, 2025, and January 1, 2026. It uses:
RSI
Stochastic RSI (%K & %D)
Customizable EMA crossover
Buy Signal:
Occurs when the smoothed StochRSI %K line crosses above a user-defined lower threshold and a short-term EMA is above the long-term EMA—indicating bullish momentum.
Sell Signal:
A take-profit exit occurs once a profit target is hit based on the current market price.
A stop-loss is triggered if the %K line crosses below the %D line—signaling weakening momentum.
Additionally, a hard stop-loss is built in as a safety net in case indicator logic fails.
🔧 How I Use This Strategy in Real-Time (Python + Binance API)
Backtesting Engine (Every 12 Hours)
Runs 100,000+ randomized combinations of strategy parameters on the past 12 hours of data.
Fine-tunes the top-performing set with another 10,000 passes.
Automatically updates the real-time trading config with optimized values.
Real-Time Trading Engine
Pulls fresh data at startup to calculate indicators.
Switches to WebSocket to aggregate 1m candles into 15m (optionally 10s, 20s, or 30s resolution—beware of API limits).
Uses manual indicator logic (sorry, secret sauce) with help from:
pandas for data manipulation
numpy for math ops
requests for resilient API handling
Only python-binance for API—Binance changes their endpoints too often to rely on anything else.
Candle Syncing
I only trade with candles aligned to Binance’s 15-minute intervals.
My preferred timeframe is 15m to 4h—I avoid higher timeframes like weekly/monthly due to increased exposure to smarter bots, institutional manipulation, and emotional retail traders.
Order Execution Logic
Entry size = average of top 3 sell orders (never more than 5% of that total).
Backtesting decides whether to enter via MA2, MA3, market price, or slightly above average bid.
All exits are via Market Order for speed.
No Indicator-Based Exits
Profit-taking exits are determined by inspecting the live order book and price action for buy/sell walls. Indicators are too slow for this.
Mindset & Manual Oversight
Avoiding greed is the hardest part—it often leads to panic buys/sells and overconfidence.
Stay humble, inspect live charts manually, and be ready to pause the script if candle patterns look suspicious or bot-like.
I’ve completely abandoned using webhooks or Power Automate flows for TradingView alerts—they’re too slow.
⚠️ IMPORTANT
If you’re a coder (or know one), you can convert this Pine Script into Python. But I strongly discourage going live and I not responsible if you choose to do so.
For me trading is never set-and-forget.
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.