INVITE-ONLY SCRIPT
NGRN MACD-X & RSI v4
MACD-X, RSI & Volume Indicator & Alerts Study - Version 4
Overview
This study and it's associated strategy were modeled after the famous Philakone described algorithms on his now defunct instructional video series.
This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading methods to their desired goals.
This associated strategy also allows users to backtest the study alerts script and find the best settings towards that end.
MACD + RSI + VOLUME - are of the most powerful and widely usded indicators, MACD/Histogram crosses, coupled with RSI & Volume increases/decreases will detects areas of deeply oversold / overbought and buys/sells on the reversal
Features
Changes Version 4
Access
Full Access is 0.1 ETH, one time fee for LIFETIME access to the STUDY indicator, STRATEGY and future updates as well as support and SETTINGS for various markets on the Binance Exchange.
Settings
SCREENSHOT LINKS:
BUY SETTINGS: prntscr.com/juoy3c
SELL SETTINGS: prntscr.com/juoydr
Overview
This study and it's associated strategy were modeled after the famous Philakone described algorithms on his now defunct instructional video series.
This indicator allows for full customisation of parameters and interaction between three indicators that allow users to shape their trading methods to their desired goals.
This associated strategy also allows users to backtest the study alerts script and find the best settings towards that end.
MACD + RSI + VOLUME - are of the most powerful and widely usded indicators, MACD/Histogram crosses, coupled with RSI & Volume increases/decreases will detects areas of deeply oversold / overbought and buys/sells on the reversal
Features
- Full customisation - All parameters are open for customising to allow the trader to build their own strategy and adapt from market to market.
- Clean/Simple UI - Facilitating ease of use.
- Enable Buying OR Selling, - or have them both active at the same time.
- Toggle off and on ALTERNATING Buy and Sell feature (pyramiding) - to allow for consecutive DCA style buys or SCALING out of an entry (partial sell).
- Customizable Stop-Loss plot - to enable users to create a STOP-LOSS alert option or other alert(s) based on the plot location. See settings screenshot.
- Toggle Auto Stop-Loss sell option - to enable users choose whether or not to automatically issue a sell signal when close crosses stop loss plot, or choose to toggle off if not profitable.
- Customizable Take-Profit plot - to enable users to create a TAKE-PROFIT alert option or other alert(s) based on the plot location.
- Study and associated Strategy - to use the TradingView ‘Strategy Tester’ back-testing features to find the best alert settings for specific coins in bear, bull and sideways markets.
Changes Version 4
- Improved STOP-LOSS plot draw (red line).
- Added the option to automatically sell when stop-loss cross triggered or have the option disabled, in the event a better profit can be achieved.
- Added new TAKE-PROFIT plot (aqua line) to visually guide users where to place the TAKE-PROFIT parameter as well as give users options to create alerts based on the TAKE-PROFIT plot.
Access
Full Access is 0.1 ETH, one time fee for LIFETIME access to the STUDY indicator, STRATEGY and future updates as well as support and SETTINGS for various markets on the Binance Exchange.
Settings
SCREENSHOT LINKS:
BUY SETTINGS: prntscr.com/juoy3c
SELL SETTINGS: prntscr.com/juoydr
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact mnigirn118 for more information, or follow the author's instructions below.
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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.