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EMASPREAD for Profit Trailer by BotIndicators
Updated
This is a highly adjustable indicator for the ProfitTrailerCrypto Currency Trading Bot.
You can use it to visualize the EMASPREAD buy strategy. Here is how it works:
Set the candle size by setting your TV candle time accordingly
Set the candles used for Slow and Fast EMA Lines in the settings of this Indicator
Also set the buy value you would like to use on your bot to visualize the buy zones. You can set it either positive or negative.
The indicator will then show the Fast EMA, Slow EMA as well as the the areas where the actual price exceeds the buy value you have set and would generate a buy signal for Profit Trailer. Please keep in mind that Profit Trailer may still use trailing buy and trailing profit to optimize your buy/sell situation, this can obviously not be shown through this indicator.
Note: This is a first public release, future modifications may follow and are then shown on this site as updates. Always read this page to the end.
You can use it to visualize the EMASPREAD buy strategy. Here is how it works:
Set the candle size by setting your TV candle time accordingly
Set the candles used for Slow and Fast EMA Lines in the settings of this Indicator
Also set the buy value you would like to use on your bot to visualize the buy zones. You can set it either positive or negative.
The indicator will then show the Fast EMA, Slow EMA as well as the the areas where the actual price exceeds the buy value you have set and would generate a buy signal for Profit Trailer. Please keep in mind that Profit Trailer may still use trailing buy and trailing profit to optimize your buy/sell situation, this can obviously not be shown through this indicator.
Note: This is a first public release, future modifications may follow and are then shown on this site as updates. Always read this page to the end.
Release Notes
Update release for ProfitTrailer 2.0- adds buy_value_limit
- complete rewrite to make it faster
- new styling
- new input values to make it more understandable
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.